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
Lowest Salaries Offered by IIMs
Candidates can check the table below to know the lowest salaries offered in India by IIMs:
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.
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.”
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:
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)