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.
- 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.) |
|---|---|
| INR 17- INR 18 LPA |
|
| INR 12 - INR 14 LPA |
|
| INR 11 - INR 12 LPA |
|
| INR 10 - INR 11 LPA |
|
| INR 10 - INR 11 LPA |
|
| 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 |
Commonly asked questions
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)
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.
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.
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
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.
Commonly asked questions
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Student Forum
Anything you would want to ask experts?Answered Yesterday
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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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