Shruti
Shruti Garg
Assistant Manager- Editorial
Updated on Sep 26, 2025 11:01 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.

MBA placements in India are in headlines due to its highest salary packages and impressive avaerage CTCs. Top IIMs like IIM Ahmedabad, Banagalore, Calcutta and other top B-Schools like GMS Delhi, XLRI Jamshedpur and ISB Hyderabad are known for their dominant placement records. Hwrever, very little attention is paid to the lowest salary packages offered by IIMs and other B-Schools in India. 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.

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

Explore colleges based on CAT

Ahmedabad
#1 NIRF
₹25.00 L
Bangalore
#2 NIRF
₹26.00 L
Kozhikode
#3 NIRF
₹14.00 L
Pune
₹9.50 L

Want better recommendations?

There is a 90% more chance of getting best college recommendations by sharing preferences.
Delhi
#4 NIRF
₹12.00 L
Indore
₹12.50 L
Lucknow
#5 NIRF
₹12.60 L
Gurgaon
₹86.00 K
Kolkata
#7 NIRF
₹27.00 L
Mumbai
#6 NIRF
₹14.00 L
Confused about which college or exam to opt for?assitentRcpRhsImage
  • Chat with our counselor
  • Get your personalised list of colleges & exams matching your preferences
View allCollections
Table of contents
  • Lowest Salaries Offered by IIMs
  • Lowest Packages Offered by Other Top B-Schools
  • Who Receives Low Packages?
  • Accountability
  • MBA Placement Reports

Lowest Salaries Offered by IIMs

Candidates can check the table below to know the lowest salaries offered in India by IIMs:

Institute

Lowest Domestic CTC (Approx.)

IIM Ahmedabad

INR 11- INR 13 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 10 LPA

IIM Trichy / Udaipur / Ranchi

INR 7 - INR 9 LPA

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

INR 6 - INR8 LPA

Q:   Does IIM Indore have 100% placement?
A:

Yes, IIM Indore secured 100% placements during the 2024 drive. The key highlights of IIM Indore placements for the Class of 2024 are tabulated below:

Particulars

Placement Statistics (2024)

Highest package

INR 100 LPA (PGP and IPM)

INR 33.6 LPA (PGP HRM)

Average package

INR 25.68 LPA (PGP and IPM)

INR 22 LPA (PGP HRM)

Median package

INR 24.50 LPA (PGP and IPM)

INR 20.5 LPA (PGP HRM)

Total recruiters

150+ (PGP and IPM)

70 (PGP HRM)

Total students placed

594 (PGP and IPM)

Placement rate

100% (PGP and IPM)

Q:   Who are the top recruiters of IIM Calcutta?
A:

The list of top recruiters who participated during the recent IIM Calcutta placements 2025 is presented below:

IIM Calcutta Top Recruiters

BCG

Goldman Sachs

Microsoft

Amazon

TCS

EY

Accenture

IBM

Capgemini

Deloitte

Morgan Stanley

HCL

Q:   Does IIM Udaipur offer 100% placements?
A:

Yes, IIM Udaipur provides great placements to its MBA/PGDM courses. The highest and the average package recorded during IIM Udaipur placements 2025 was INR 47 LPA and INR 18.8 LPA, respectively. Check out the table below for more placment details:

Particulars

Placement Statistics (2024)

Highest package

MBA: INR 47 LPA

MBA - GSCM: INR 39.37 LPA

MBA - DEM: INR  35.44 LPA

Average package

MBA: INR 18.8 LPA

MBA - GSCM: INR 22.37 LPA

MBA - DEM: INR 21.67 LPA

Median package

MBA - GSCM: INR 20 LPA

MBA - DEM: INR 20 LPA

No. of offers accepted

MBA: 291

MBA - GSCM: 49

MBA - DEM: 52

Companies visited

MBA: 108

MBA - GSCM: 23

MBA - DEM: 24

NOTE: The audited placement report for batch 2022-24 is yet to be released. It will updated here as and when released.

Now, take a look at the key highlights of the IIM Udaipur placements for the Class of 2023 in the table below:

Particulars

Placement Statistics (2023)

Highest package

MBA: INR 35.04 LPA

MBA - GSCM: INR 41.38 LPA

MBA - DEM: INR 34.07 LPA

Average package

MBA: INR 20.02 LPA

MBA - GSCM: INR 20.63 LPA

MBA - DEM: INR 21.47 LPA

Median package

MBA: INR 18.53 LPA

MBA - GSCM: INR 19 LPA

MBA - DEM: INR 21 LPA

Placement rate

100%

No. of offers accepted

MBA: 301

MBA - GSCM: 44

MBA - DEM: 46

Companies visited

MBA: 77

MBA - GSCM: 19

MBA - DEM: 21

Lowest Packages Offered by Other Top B-Schools

Check the table below to know the lowes packages offered by other top B-Schools:

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.

Explore more MBA exams with upcoming dates

Declaration of X-GMT Result

31 Jan '26

PAT 2026 Exam

31 Jan '26

Amrita CAT 2026

7 Feb '26 - 8 Feb '26

ATMA 2026: Last Date of Fee Payment

9 Feb '26

MICAT (II) admit card download

10 Feb '26 - 13 Feb '26

IBSAT 2025 Selection Process

14 Feb '26 - 22 Feb '26

MAT Feb 2026 PBT Registration ...

23 Feb '26

SRCC GBO 2026

28 Feb '26

JET 2026 MA/PGD/MPA/PG SAHS/PG...

30 Jan '26

TANCET registration window

30 Jan '26 - 28 Feb '26

Also Read: International salary packages offered at top Indian B-schools

Who Receives Low Packages?

According to sources, students whose academic performance has been low in all the semesters or are repeating a year are the once who usually receive low packages. Recruiters not only look at the candidate's academic record but also his/her record in extra-curricular activities, events etc.

Speaking to Shiksha on condition of anonymity, an IIM graduate said, “It’s the typical scenario. If you can’t perform well in academics and extracurricular activities, recruiters have no reason to hire you. Also, many institutes have large batches. It gets especially difficult for them to place students from the lower end of the spectrum. At times, more than 10% of the batch are yet to be placed by the term-end. They either opt of out placements or go for rolling placements. Some institutes even force such students to sign out of placements in an effort to maintain placement standards.”

Q:   How are the SPJIMR placements in recent years?
A:

The key highlights of SPJIMR placements over the past three years for PGDM and PGPM programs are presented below:

Particulars

PGDM Placement Statistics (2023)

PGDM Placement Statistics (2024)

PGDM Placement Statistics (2025)

Highest package

INR 67.5 LPA

INR 81 LPA

INR 81 LPA

Highest international package

INR 77.88 LPA

NA

INR 89 LPA

Average package

INR 33.02 LPA

INR 33 LPA

INR 32 LPA

Median package

INR 32.89 LPA

INR 31.5 LPA

INR 30.5 LPA

Placement rate

100%

100%

100%

Total PPOs

112

138

162

Companies visited

63

72

86

First-time recruiters

33

33

27

Total students

237

292

336

Particulars

PGPM Placement Statistics (2022)

PGPM Placement Statistics (2023)

PGPM Placement Statistics (2024)

Highest package

INR 43.92 LPA

INR 44.67 LPA

INR 52 LPA

Average package

INR 23.61 LPA

INR 26.28 LPA

INR 23.88 LPA

Median package

NA

NA

INR 22.8 LPA

Companies visited

NA

46

42

First-time recruiters

NA

NA

17

Note: PGDM Placement data 2024 and 2025 is the combined data for PGDM and PGDM BM programs.

Q:   Does TAPMI offer good placements for MBA IB program?
A:

Yes, TAPMI offers good placements for MBA IB program. The key highlights of TAPMI MBA IB Program placements 2024-2025 are presented below:

Particulars

MBA IB Placement Statistics (2024)

MBA IB Placement Statistics (2025)

the highest package

INR 17.78 LPA

INR 16 LPA

Average package (Overall)

INR 12.03 LPA

INR 11.74 LPA

Average package (Fresher)

INR 11.77 LPA

INR 11.40 LPA

Average package (Experienced)

INR 12.49 LPA

INR 12.52 LPA

Placement rate

100%

100%

Companies visited

15

17

Top 25% average package

INR 14.82 LPA

INR 14.52 LPA

Top 50% average package

INR 13.56 LPA

INR 13.22 LPA

Total students

21

25

Students opted out

1

2

 

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.

MBA Placement Reports

Check the table below to check the MBA placement reports of top B-Schools across India.

IIM Ahmedabad Placements

IIM Trichy Placements

IIM Kozhikode Placements

IIM Bangalore Placements

IIM Calcutta Placements

IIM Lucknow Placements

IIM Bodhgaya Placements

IIM Raipur Placements

IIM Shillong Placements

IIM Udaipur Placements

IIM Nagpur Placements

IIM Indore Placements

IIM Amritsar Placements

IIM Rohtak Placements

IIM Visakhapatnam Placements

IIM Sirmaur Placements

IIM Jammu Placements

IIM Sambalpur Placements

IIM Ranchi Placements

IIM Kashipur Placements

Read More:

Videos you may like
About the Author
author-image
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,

Read Full Bio
Download Important Dates for MBA/PGDM Exams

News & Updates

Latest NewsPopular News

Explore Other Exams

29 Jan '26

XAT 2026 Cut Offs Release

16 Jan '26

XAT 2026 result

9 Jan '26

SNAP 2025 result announcement

20 Dec '25

SNAP 2025 session 3

13 Jan '26 -

17 Jan '26

NMAT 2025 Exam Date (Additiona...

5 Jan '26 -

10 Jan '26

NMAT 2025 Scheduling (Addition...

17 Oct '24 -

5 Dec '24

IIFT 2025 registration and app...

23 Feb '26

MAT Feb 2026 PBT Registration ...

26 Feb '26

MAT Feb 2026 PBT admit card

14 Feb '26 -

22 Feb '26

IBSAT 2025 Selection Process

30 Dec '25

IBSAT 2025 Result

25 Jan '26

CMAT 2026 exam

21 Jan '26

CMAT 2026 exam admit card

10 Jan '26 -

12 Feb '26

MAH MBA CET 2026 registration

7 Apr '26 -

8 Apr '26

MAH MBA CET 2026 exam

Jan '26

TANCET registration window

Mar '26

TANCET admit card download

Mar '25

IRMASAT 2025 Final Result Anno...

Feb '25

IRMASAT Personal Interviews

The list of exams are recommended based on what other exams do the students in your area show interest in
qna

Student Forum

chatAnything you would want to ask experts?
Write here...

Answered 3 days ago

CAT is one of the accepting exams for admission to MBA at ISMR Pune. However, it is not compulsory. Aspirants with a score in CMAT, MAT, XAT, MAH MBA CET, etc. can also get admission. Candidates selected based on their entrance exam scores also need to pass the personal interview round for admission

...Read more

N

Nishtha Shukla

Guide-Level 15

Answered 3 days ago

No, CAT scores are not compulsory for admissions into MBA course at Chhatrapati Shahu Institute of Business Education and Research. The institute accepts other national/ state level management entrance exams too. The names of the accepted entrance examinations are: XAT/ MAT/ ATMA/ MAH MBA CET. 

A

Atul Pruthi

Contributor-Level 9

Answered 3 days ago

No, CAT scores are not compulsory for admissions into MBA course at GLA University, Mathura. The university also considers scores from other management entrance exam and one university level entrance exam too. The names of the other accepted entrance exams are: MAT/ XAT/ UPSEE. 

C

Chanchal Gaurav

Contributor-Level 10

Answered a week ago

No, CAT scores are not important for enrollment into Masters of Business Administration course at Chitkara University. Because CAT is not the only scores which are considered by the university, it also accepts the scores of MAT/ XAT/ NMAT/ CMAT. 

K

Kartik Sharma

Contributor-Level 10

Answered a week ago

Minimum qualifying cut off for IIM Ahmedabad is 95 percentile whereas for IIM Bangalore and IIM Calcutta, it is 85. However final cut offs for these three top IIMs are between 99 to 100 percentile.

S

Sreetama Tyagi

Contributor-Level 6

Answered a week ago

GIBS is pretty flexible when it comes to entrance exams. They accept almost all the common management tests — CAT, XAT, MAT, CMAT, ATMA, State CET, and even GMAT. In my batch itself, we had students who came through different exams, not just CAT.

Honestly, that's one thing I liked about GIBS — they d

...Read more

M

Monisha

Contributor-Level 8

Answered a week ago

Yes, you can join Adarsh Institute of Management and Information Technology without appearing for CAT. This is because, the institute also accepts other tests. The accepted exams include CAT/ XAT/ MAT/ CMAT/ KMAT/ PGCET/ GMAT. Hence, if you have appeared for any of these, you can still apply.

M

Manashjyoti Srivastava

Contributor-Level 10

Answered a week ago

Yes, Myra School of Business does offer CAT scores based Scholarships upto INR 1.5 lakh. In recognition of outstanding performance in CAT, MSB awards special scholarships as follows:

  • INR 5 Lacs for students securing a minimum 90 percentile
  • INR 1 Lacs for students securing a minimum 85 percentile
  • INR 75

...Read more

h

heau mishr

Contributor-Level 10

Answered a week ago

LISAA School of Design, Bangalore BDes admission is done based on performance in the in-house entrance test. LISAA CAT is conducted at the LISAA centres. Candidates need to connect with the admission team to set up a time slot. Besides, it is important that the eligibility criteria is fulfilled.

M

Manori Sahni

Contributor-Level 9

Answered a week ago

Yes, you can absolutely get admission into the MBA programme without clearing CAT or MAT, because the university follows a flexible admission pathway that allows students to apply through its own entrance exam called CUCET. This exam acts as the primary route for MBA admissions, and it is designed t

...Read more

s

siya goyal

Beginner-Level 4