Shruti
Shruti Garg
Assistant Manager- Editorial
Updated on Jun 15, 2026 16:47 IST
We collated the data to find out the lowest audited salaries at the top business schools and MBA colleges. Know the top IIMs and B-Schools which offer the lowest salaries. Know the average package and name of the institutes here. Read more on Shiksha

Check out the lowest salaries offered at IIMs and other top B-schools during the final placement process.

Candidates aspire to pursue MBA from top institutes like IIMs and other B-schools by focusing only on the highest package offered by these institutes. However, understanding the lowest packages offered by IIMs and other B-schools is equally important to make informed decision. Lowest packages offered at IIMs generally range between INR 6 LPA to INR 12 LPA. While the tier-2 and tier-3 colleges lowest package may drop between INR 3 lakh to INR 5 lakh. The lowest package in IIMs and other B-schools varies depending upon specialisation, industry demand and institute reputation. While top IIMs like Bangalore, Lucknow, Ahmedabad, Calcutta, and Indore report high packages, the minimum salary offered may range significantly. In this article, know the lowest packages offered at top IIMs and other reputed B-Schools in India, helping MBA aspirants gain a realistic view of placement outcomes.

Table of contents
  • Lowest Packages Offered by IIMs
  • Lowest Packages Offered by Other Top B-Schools
  • Lowest Salaries Offered by IIMs & Other B-Schools: Accountability
  • MBA Placement Reports

Lowest Packages Offered by IIMs

While Indian Institute of Management (IIMs) are widely known for their highest packages, candidates need to know the lowest packages offered by IIMs. The lowest salary by IIMs may vary from institute to institute. In the table below, know the lowest packages offered by different IIMs to make informed career decision.

Institute

Lowest Domestic CTC (Approx.)

IIM Ahmedabad

INR 17- INR 18 LPA

IIM Bangalore

INR 12 - INR 14 LPA

IIM Calcutta

INR 11 - INR 12 LPA

IIM Lucknow

INR 10 - INR 11 LPA

IIM Kozhikode

INR 10 - INR 11 LPA

IIM Indore

INR 9 - INR 11 LPA

IIM Trichy / Udaipur / Ranchi

INR 7 - INR 9 LPA

Newer IIMs (e.g., Sambalpur, Bodh Gaya, Sirmaur)

INR 6 - INR8 LPA

Q&A Icon
Commonly asked questions
Q:   What is the CAT exam cutoff required to get admission to IIM Bangalore?
A: 

The CAT cut offs for IIM Bangalore hovers between 97-100 percentile. The qualifying CAT cut off required for being eligible for IIM Bangalore's Written Ability test (What) and Personal Interview PI is 85 percentile for General category students, whereas for SC candidates, it is 70 percentile. For ST candidates, it is 65 percentile and for PwD candidates it is 60 percentile. Given below are the sectional and overall qualifying CAT cut offs for IIM Bangalore.

  • General category: 80 VARC 75 DILR 75 Quantitative Aptitude 85 (Overall)
  • NC-OBC category: 75 VARC 65 DILR 65 Quantitative Aptitude 75 (Overall)
  • EWS category: 70 VARC 65 DILR 65 Quantitative Aptitude 75 (Overall)
  • SC category: 65 VARC 60 DILR 60 Quantitative Aptitude 70 (Overall)
  • ST category: 55 VARC 55 DILR 55 Quantitative Aptitude 65 (Overall)
  • PwD category: 50 VARC 50 DILR 50 Quantitative Aptitude 60 (Overall)
Q:   How important is it to have a good academic profile for IIM admission through CAT?
A: 

Having a good academic profile for IIM admission is very critical. The top 6 IIMs lay a lot of emphasis on Class 10 and Class 12 score for selection of candidates for WAT-PI round. The academic profile is evaluated again at the time of preparation of final merit list. It has been seen in the past that some candidates despite having 99+ percentile, were not selected for PI round due to low score in Class 12.

The academic profile is assessed for academic as well as gender diversity. Which means a candidate who studied Arts in Class 12 may be selected for PI with lower marks than a candidate who studied Science in Class 12.

Candidates aiming for IIMs must know that while the importance of academic profile is very important for top IIMs, it is moderately important for rest of the IIMs. For, other top MBA colleges, overall profile matters more than academic score. So, if you do not have superlative scores in Class 10 and 12, build a good profile with work experience and extra curricular activities to increase your chances of selection.

Q:   What is the difference between qualifying CAT cut off and final CAT cut off?
A: 
Qualifying CAT cut off percentiles of an IIM is the minimum percentile (sectional as well as overall) required by candidates to be eligible for the Written Ability Test (What) and Personal Interview PI round. These are only eligibility score and not the score for selection. The final CAT cut off percentiles are the scores on the basis of which a candidate is actually selected for the What-PI round. The qualifying CAT cut offs are released publically before the CAT exam and result as a part of selection criteria for the MBA/PGP batch of that year. The qualifying cut offs for CAT are release category wise - General, NC/OBC. General-EWS, SC/ST, PwD. The qualifying cut offs percentiles of General category candidate is higher than then rest. The final CAT cut offs are not released publically. The cut offs are estimate on the basis of candidate's selection for What-PI. The final CAT cut offs for General category candidate is also higher than then rest.
Q:   Who prepares CAT cutoff?
A: 

CAT cut off is prepared by all accepting colleges individually. There is no one authorized body to do so. Even the IIMs determine their admission cut offs separately.

Lowest Packages Offered by Other Top B-Schools

Several other B-Schools like XLRI, FMS, SPJIMR, MDI Gurgaon are also known for their excellent placement opportunities. Students who are desireous of taking admission to other top B-schools must analyse the lowest packages offered by the institutes. The lowest package offered by other top B-schools will vary from institute to institute. Check the table below for complete details.

B-School

Lowest Package (Approx.)

XLRI Jamshedpur

INR 9-10 LPA

FMS Delhi

INR 9-11 LPA

SPJIMR Mumbai

INR 8-9 LPA

ISB Hyderabad

INR 10-11 LPA

MDI Gurgaon

INR 8-9 LPA

IIFT Delhi/Kolkata

INR 7-9 LPA

NMIMS Mumbai

INR 6-8 LPA

SIBM Pune / SCMHRD

INR 6-8 LPA

IMT Ghaziabad / TAPMI / KJ Somaiya

INR 5-7 LPA

PLEASE NOTE: The figures quoted above are not based on any audited reports and neither have they been conveyed by the institute/college. These are based on student accounts and cannot be verified independently.

Also Read:

International salary packages offered at top Indian B-schools

IIM Placements: Check Highest CTC, Average CTC and Top Companies

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Lowest Salaries Offered by IIMs & Other B-Schools: Accountability

It is interesting to note that most leading B-schools of the country do not publish audited reports of their final placement process for the benefit of aspiring students and common citizens. They only release the final placement reports to the media with quotes of highest, mean and median salary figures. The public accept these placement reports at their face value. There’s no accountability of the information published.

In other words, it’s practically impossible to find the official lowest packages offered at top business schools or get a complete scenario of placements.

Q&A Icon
Commonly asked questions
Q:   Is CAT cutoff higher for non-IIMs?
A: 

CAT cut offs for non-IIMs is usually lower than IIMs.

Top MBA College

CAT Cut Offs (percentile)

FMS, Delhi

98-99

IIFT Delhi

95-99

SPJIMR, Mumbai

95-99

IMT, Ghaziabad

95-97

JBIMS, Mumbai

96

MDI, Gurgaon

97-99

IMI, New Delhi

90

XIM, Bhubaneshwar

91

GIM Goa

85

K J Somaiya, Mumbai

86

TAPMI, Manipal

80

FORE, New Delhi

85

IFMR, Chennai

80

IRMA, Anand

80

MICA, Ahmedabad

80

LIBA, Chennai

70

XIME, Bangalore

70

Q:   Are CAT cut offs announced along with the CAT result?
A: 

CAT cutoffs are usually not announced with the CAT result. The CAT cutoffs are also not released to the public.

They are published after a few days of the result announcement when the IIMs and other colleges start their shortlisting process. The IIMs opens their shortlisting window based on the CAT cut-offs two to three days after the result announcement. The CAT percentile of candidates shortlisted for the Written Ability Test (WAT), Group Discussion (GD), and Personal Interview (PI) can be considered the cut-off for that IIM. For example, if a candidate with a CAT percentile of 99 belonging to the General category is selected for the WAT/GD-PI of IIM Calcutta, then the CAT cut-off for IIM Calcutta is 99 percentile. Only those candidates who make it to the WAT/GD-PI round of IIMs will get to know the cut-offs.

Q:   What is the CAT cut off for IIM Lucknow?
A: 
The CAT cut offs for IIM Lucknow is usually around 97-99 percentile. The two courses - PGP Agri-Business Management (ABM) and PGP Sustainable Management (some) are extremely popular among MBA aspirants who wish to make a career in these areas. The institute also offers PGP programme. The qualifying CAT cut off for IIM Lucknow's Written Ability test (What) and Personal Interview PI is 90 percentile for General category students, whereas for SC candidates, it is 70 percentile. For ST and PwD candidates, it is 60 percentile. Given below are the sectional and overall qualifying CAT cut offs for IIM Lucknow PGP course. General category: 85 VARC 85 DILR 85 Quantitative Aptitude 90 (Overall) NC-OBC category: 77 VARC 77 DILR 77 Quantitative Aptitude 82 (Overall) EWS category: 77 VARC 77 DILR 77 Quantitative Aptitude 82 (Overall) SC category: 55 VARC 55 DILR 55 Quantitative Aptitude 70 (Overall) ST category: 50 VARC 50 DILR 50 Quantitative Aptitude 60 (Overall) PwD category: 50 VARC 50 DILR 50 Quantitative Aptitude 60 (Overall) Click here for detailed IIM Lucknow admission and selection criteria: https://www.shiksha.com/mba/articles/iim-lucknow-shortlist-admission-criteria-blogId-18509.
Q:   How many CAT mock tests to practice to score 99 percentile?
A: 
Experts recommend that aspirants must practice at least 40 CAT mock tests to score above 99 percentile well in the exam. Most of the CAT test takers take up to 50 mock tests of various types and difficulty level. CAT toppers in previous years have practiced even up to 80 mock tests during their preparation. However, candidates must decide the number of CAT mock tests depending on their control and confidence on topics as the exam day comes closer. Mock tests are the best way to judge your performance viz. The important topics of CAT. The more one practices CAT mock tests, the more accurate they get in solving questions from all subjects. It is very important to know which formula to apply to which type question to solve the problem accurately. Mock tests help candidates in this aspect which is why practicing mock tests is most important in CAT preparation.

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About the Author
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Shruti Garg
Assistant Manager- Editorial

Shruti Garg is a graduate in English and Education with over 7 years of experience in content writing/editing and education journalism. At Shiksha.com, Shruti covers UG and PG entrance exams like MBA entrance exams,

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Answered 4 days ago

Yes. IIMB does require the CAT exam, but the rest of the top B-schools in Bangalore also take in candidates through the state-level CET, ie, the Karnataka PGCET exam, or through MAT or CMAT. 

Top B-schools in Bangalore without CAT  

Cutoffs Required

Alliance University Karnataka PGCET Cutoff

26690

Presidency University Karnataka PGCET Cutoff

29592

Note: All info. is from official sites and can change.  

S

Syed Aquib Ur Rahman

Contributor-Level 10

Answered 5 days ago

IIM Calcutta has only mentioned accepting GMAT score for admission into EMBA courses.

However, CAT is commonly accepted by other similar institutes for both MBA and MBAEx courses. Thus, candidates are advised to ask admission desk for confirmation on this question.

S

Saurabh Khanduri

Contributor-Level 10

Answered 5 days ago

It is not possible to determine a candidate's admission in IIM Calcutta MBA course through CAT score alone. In Stage 1, a score 85% in CAT will be enough for a general category candidate to be selected for PI+WAT admission stage.

Final admission cutoffs are based on many factors other than CAT score.

S

Saurabh Khanduri

Contributor-Level 10

Answered 5 days ago

No, IIM Calcutta cannot get into MBA courses without appearing CAT first. CAT is a mandatory entrance exam and it is conducted every year for admissions into all MBA courses offered by this institute.

However, candidates who are applying for MBAEx course will be required to appear in GMAT for admissi

...Read more

S

Saurabh Khanduri

Contributor-Level 10

Answered 6 days ago

To get a seat at IFMR Chennai, students have to first appear for any one of the entrance exams accepted by the institute for the MBA/PGDM course admission. CAT, XAT, NMAT, CMAT, Andhra Pradesh ICET, IPAMT and SAT India are the entrance exams accepted by this institute for admission to the management

...Read more

N

Neerja Rohatgi

Contributor-Level 10

Answered 6 days ago

No, you cannot use the CAT score for direct admission to the MBA/PGDM course at this university. 

You would need to first appear for the CAT entrance exam, and then get shortlisted for the PI and or GD rounds to be considered for a seat. Since the CAT cutoff is not released publicly, the closest esti

...Read more

N

Neerja Rohatgi

Contributor-Level 10

Answered 6 days ago

The Vishwakarma University CAT cutoff 2025 was released for admission to the MBA/PGDM course for the All India quota. 

For the General AI category, the estimated Vishwakarma University MBA cutoff 2025 was 50. Students who gained this percentile are then eligible to enter the second round of admission

...Read more

N

Neerja Rohatgi

Contributor-Level 10

Answered 6 days ago

The National Institute of Bank Management Cutoff 2026 for General AI category in CAT exam is 80.

R

Rakshit Prabhakar

Contributor-Level 10

Answered a week ago

No, you cannot use the CAT exam result for direct admission to the MBA/PGDM course at AIMS Institutes, Bangalore.

The college accepts the CAT, XAT and MAT exam results for admission to the management programme. Students have to first attain the qualifying cutoff percentiles and then sit in the select

...Read more

N

Neerja Rohatgi

Contributor-Level 10

Answered a week ago

Candidates applying for admission in MBA at IIM Raipur should have qualified the CAT exam. Check below the application fee of CAT:

  • INR 2,300 for general category students
  • INR 1,150 for SC/ST/PwD students

R

Raj Priya

Contributor-Level 10