Lowest packages offered at IIMs and other B-Schools
Common Admission Test 2025 ( CAT )
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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
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- 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.) |
|---|---|
| INR 11- INR 13 LPA |
|
| INR 12 - INR 14 LPA |
|
| INR 11 - INR 12 LPA |
|
| INR 10 - INR 11 LPA |
|
| INR 10 - INR 11 LPA |
|
| 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 |
The key highlights of IIFT Delhi placements 2024 as compared with 2023 are presented below:
Particulars | MBA IB Placement Statistics (2022) | MBA IB Placement Statistics (2023) | MBA IB Placement Statistics (2024) |
|---|---|---|---|
Highest domestic package | INR 46.5 LPA | INR 76.5 LPA | INR 75.6 LPA |
Highest international package | INR 80 LPA | INR 85.4 LPA | INR 85.4 LPA |
Average package | INR 25.16 LPA | INR 29.1 LPA | INR 27.3 LPA |
Median package | INR 24 LPA | INR 26.5 LPA | INR 25 LPA |
Total recruiters | 82 | 108 | 120 |
New recruiters | 26 | 36 | 54 |
PPO offered | 34% | 39% | 35% |
International positions | NA | 17+ | 10+ |
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.
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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.”
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) |
The placements are good at IIM Kozhikode. The institute has recently concluded the placements for its PGP batch 2025 along with the third batches of PGP- Finance (PGP-F) and PGP Liberal Studies and Management (PGP-LSM). The key highlights of IIM Kozhikode placements for the Class of 2024 and 2025 are presented below:
Particulars | Placement Statistics (2024) | Placement Statistics (2025) |
|---|---|---|
Highest package | INR 72.02 LPA | INR 81 LPA |
Median package | INR 27 LPA | INR 28.18 LPA |
Mean package | INR 28.05 LPA | INR 27.5 LPA |
Total recruiters | 156 | 169 |
The key highlights of IIM Kozhikode PGP BL placements for the Class of 2024 and 2025 are presented below:
Particulars | PGP BL Placement Statistics (2024) | PGP BL Placement Statistics (2025) |
|---|---|---|
Highest package | INR 46.35 LPA | INR 36.45 LPA |
Average package | INR 27.11 LPA | INR 25.19 LPA |
Median package | INR 24.96 LPA | INR 24.76 LPA |
Recruiters visited | 52 | 56 |
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.
Read More:
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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Contributor-Level 10
XLRI Jamshedpur has an excellent placement record for its PGDM in BM, HRM and GM courses. In 2024, the institute recorded 100% placements for its PGDM BM and HRM batch 2024. The key highlights of XLRI Jamshedpur placements for the PGDM BM and HRM Class of 2024 and 2025 are presented below:
Particulars
PGDM (BM) and PGDM (HRM) Placement Statistics (2024)
PGDM (BM) and PGDM (HRM) Placement Statistics (2025)
Total students eligible /participated
503
591
Placement rate
100%
NA
Total offers
519 (Domestic)
1 (International)
600 (Domestic)
2 (International)
PPOs
33.39%
34.17%
Companies visited
154 (65 New Recruiters)
172 (41 New Recruiters)
Highest package
INR 49 LPA (Domestic)
INR 45 LPA (International)
INR 75 LPA (Domestic)
INR 110 LPA (International)
Average package
INR 26.88 LPA
INR 31.08 LPA
Median package
INR 26.34 LPA
INR 29 LPA
Minimum package
INR 11 LPA
NA
Note: The Maximum Earning Potential component of Salary Heads is considered while calculating the salary packages. Further, the mean package is considered the average package in the above-mentioned table.
The key highlights of XLRI Jamshedpur placements for the PGDM GM Class of 2024 and 2025 are presented below:
Particulars
PGDM GM Placement Statistics (2024)
PGDM GM Placement Statistics (2025)
Highest package
INR 53.53 LPA
INR 75 LPA
Average package
INR 27.07 LPA
INR 28.8 LPA
Median package
INR 24 LPA
INR 26.25 LPA
Batch size
115
112
Total Students participated
107
107
Students placed
NA
103