MBA Placements 2022: Final Placement Report of Top MBA Colleges in India

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Vipra
Vipra Shrivastava
Manager - Content
Updated on Apr 13, 2022 19:51 IST

MBA placements are usually seen as the actual value of degree. Better the placement, better the value of degree. Here are the highlights of final placements 2022 of top MBA colleges (IIMs and non-IIMs) in India.

MBA placements of top B-schools

MBA placements season is on and top IIMs and other top B-schools such as IIFT, FMS, MDI, SPJIMR, IMI, JBIMS, SIBM, etc. have already concluded their final placement process for the outgoing batch (2020-22) with encouraging results. 

In MBA, this year's job placements data indicate that there has been an increase in the offers despite downslide in the economy and challenges due to COVID-19 pandemic. Consulting, Technology and BFSI sectors yet again dominate other sectors for the placements across institutes. Here are the highlights of the final placement process 2022 of some of the top B-schools in India. 

IIM Placements: Highest/Average salary packages offered

See the table below to know about the highest domestic CTC and average CTC offered across various IIM campuses. The data is taken from 2022 final placement reports.

Name of IIM

Highest CTC

Average CTC

IIM Ahmedabad

NA

INR 27.54 LPA*

IIM Bangalore

NA

INR 28.98 LPA

IIM Calcutta

NA

INR 34 LPA

IIM Lucknow

INR 51.00 LPA*

INR 26.00 LPA*

IIM Kozhikode

NA

INR 29.50 LPA

IIM Indore

INR 56.80 LPA*

INR 23.60 LPA*

IIM Shillong

INR 55.22 LPA

INR 23.10 LPA

IIM Rohtak

INR 32.00 LPA

INR 16.06 LPA

IIM Ranchi

INR 26.50 LPA

INR 15.02 LPA 

IIM Raipur

INR 42.15 LPA

INR 17.73 LPA

IIM Tiruchirappalli

INR 30.00 LPA*

INR 14.85 LPA*

IIM Kashipur

INR 28.82 LPA

INR 15.21 LPA

IIM Udaipur

INR 35.47 LPA*

INR 13.42 LPA*

IIM Nagpur

INR 31.54 LPA

INR 15.21 LPA

IIM Vishakhapatnam

INR 31.60 LPA

INR 15.06 LPA

IIM Bodh Gaya

INR 30.50 LPA

INR 12.36 LPA

IIM Amritsar

INR 25.21 LPA

INR 14.63 LPA

IIM Sirmaur

INR 26.50 LPA

INR 12.74 LPA

IIM Sambalpur

INR 30.00 LPA

INR 12.64 LPA

IIM Jammu

INR 32.00 LPA

INR 13.53 LPA

*Figures in the table above are for 2021 and will be updated with 2022 data when the placements reports are released.

IIM Placements: Highest International Salary Offered

Figures for MBA placement salary of the IIMs are yet to be released. Several IIMs had international offers for the previous batches. The table below reflects the highest international salary offers at IIMs in the previous years.

Name of the IIM

Highest International CTC

IIM Indore

INR 56.80 LPA 

IIM Calcutta

INR 80 LPA 

IIM Lucknow

INR 56 LPA

IIM Ahmedabad

INR 83.51 LPA*

IIM Kashipur

INR 48.50 LPA*

IIM Udaipur

INR 33.00 LPA*

IIM Ranchi

INR 59.36 LPA*

IIM Sambalpur

INR 58.00 LPA*

*Figures yet to be updated

Also Read: IIM Placements 2022

IIM Ahmedabad

In the IIM Ahmedabad placements 2022, about 190 firms participated offering 220 job roles to the MBA batch 2020-22. Top recruiters included Boston Consulting Group with 47 offers and Accenture with 32 offers. The salary figures will be released with the audited placement report by the Indian Placement Reporting Standards (IPRS).

In 2021,  highest salary offered stood at INR 55.00 lakh per annum, while the highest international salary offer stood at INR 1.16 crore per annum. The average international salary offer stood at INR 74.80 lakh per annum.

In 2020, as many as 153 firms participated in the IIM Ahmedabad placement process. The IPRS PGP final placement report for IIM Ahmedabad reveals that the average domestic salary at the institute stood at Rs 26.13 LPA. The highest domestic placement offer was made for Rs 55.88 LPA. In contrast, the international package offered to a student was Rs 1.32 crore per annum. 

In 2019, about 123 organisations participated in hiring MBA graduates in various domains and job roles. A total of 184 job roles were offered. Accenture made the largest number of offers at the end of the final placement process with 23 offers, followed by BCG with 17 and PwC with 14 offers.

IIM Ahmedabad Placements 2022: Highlights

Features

Details

Highest domestic salary offered

Data to be available in August

Average domestic salary offered

Data to be available in August

Highest international salary offered

Data to be available in August

Number of participating companies

190

Top recruiting companies

Accenture, BCG and Goldman Sachs

Total number of offers made

220

Also Read:

IIM Bangalore

The Final placement process 2022 at IIM Bangalore has been concluded. 513 students participated and received as many as 662 offers from marquee companies. This year, the maximum number of job offers were made in Consulting with a total of 248 offers. Among top recruiters, Accenture made 51 offers, followed by Boston Consulting Group, which made 30 offers. Other top recruiters included Kearney (27), Bain & Company (26), McKinsey & Company (22), Ernst & Young (9), PricewaterhouseCoopers (9), Tata Consultancy Services (9), Alvarez & Marsal (7), Arthur D. Little (7), Deloitte (5), Infosys Consulting (5), KPMG (5), Strategy& (5), Auctus Advisors (4), Oliver Wyman (4), IBM Consulting (2), and EY-Parthenon Singapore (2).

IIM Bangalore Placements 2022: Highlights

Features

Details

Average domestic  CTC

To be updated

Median domestic CTC

To be updated

Number of students

513

Number of offers made

662

Top recruiters

Accenture Strategy, Amazon, Bain & Company, Goldman Sachs, McKinsey & Company, BCG, Microsoft, Paytm, Kearney

Also Read:

IIM Calcutta

The IIM Calcutta administered the placement process 2022 for 465 students. The institute saw 631 offers from as many as 172 recruiters. The average salary at the institute went up to INR 34 LPA from INR 29 LPA in the previous session. Top companies that participated in the IIM Calcutta placement process 2022 include Accenture Strategy, Bain & Company, Boston Consulting Group, EY Parthenon, McKinsey & Company,  Amazon, Flipkart, Microsoft, Paytm, etc.

IIM Calcutta Placements 2022: Highlights

Features

Details

Average CTC offer

INR 34 LPA

Median CTC offer

INR 31 LPA

Total number of recruiters

172

Total number of students

465

Total number of job offers

631

Top recruiting domain

Consulting (49%)

Top recruiters

Accenture Strategy, Bain & Company, Boston Consulting Group, EY Parthenon and McKinsey & Company

Also Read:

IIM Lucknow

IIM Lucknow placement 2022 witnessed 100 per cent placements with maximum recruitment in Consulting domain. Top recruiters at IIM Lucknow included Aditya Birla Group, Accenture, Adobe, Alliance Bernstein, Alvarez and Marsal, Amagi, American Express, Asian Paints, Atlassian, Avendus Capital, Axis Group, Bain & Co., Bank of America Merrill Lynch, Barclays, Boston Consulting Group, Blue Yonder, Byju’s, Capgemini, Citi, Colgate Palmolive, Crediwatch, Dalberg, Deutsche Bank, Deloitte, Diageo, Eversana, Ernst and Young, Ernst and Young Parthenon, FinIQ, Flipkart, Gameskraft, Goldman Sachs, GSN Games, HDFC Bank, HSBC, Investec, Kearney, KPMG, Mastercard, McKinsey & Co., Microsoft, Myntra, Navi, Paytm, Pidilite, PricewaterhouseCoopers, RPG, Samsung, Standard Chartered, State Street, Stryker, Vodafone-Idea, Wells Fargo and Xiaomi participated, among others.

Highest international CTC offer stood at INR 61.59 LPA, while the highest domestic CTC offer was INR 58.00 LPA. The average domestic CTC offer stood at INR 26 LPA.

IIM Lucknow Placements 2022: Highlights

Features

Details

Highest international CTC offered

INR 61.59 LPA

Highest domestic CTC offered

INR 58.00 LPA

Average CTC offered

INR 26 LPA

Total number of offers

534

Total number of students

491

Also Read: IIM Lucknow Placements 2022

IIM Indore

IIM Indore placement process 2022 recorded a six per cent rise in the average package. The average domestic salary stood at INR 25.01 lakh per annum. Last year, it was INR 23.60 lakh per annum. However, this year, IIM Indore did not witness any international offer.

Top recruiters this year included Bank of America, Deutsche Bank, Goldman Sachs, HDFC Bank, JP Morgan Chase & Co., Morgan Stanley, Blue Star, NPCI, PhonePe, AB InBev, Asian Paints, Hindustan Unilever Limited, L’Oreal, Boston Consulting Group, Marico, Amazon, Indiamart, Bain Capability Network among others. 

IIM Indore Placements 2022: Highlights

Features

Details

Highest salary offered

INR 49.00 LPA

Average salary for top 100 students

INR 37.95 LPA

Average salary offered

INR 25.01 LPA

Number of recruiters

180

Number of students

572

Top recruiting domain

Finance (20 %)

Also Read: IIM Indore Placements 2022

IIFT Delhi

IIFT, Delhi final placements for 2022 batch witnessed 100 per cent recruitment with average CTC of INR 25.16 lakh per annum. The highest international CTC offered stood at INR 80 lakh per annum, whereas the highest domestic CTC stood at INR 46.5 lakh per annum. Consulting firms made the maximum offers (25 per cent). Top recruiters in this domain included Accenture Strategy, Deloitte Consulting, EY, Infosys, Mckinsey & Co, Optum Advisory, Shangrila Corporate Services, Thoucentric, Wipro, ZS Associates among others. 

IIFT Delhi Placements 2022: Highlights

Features

Details

Highest international salary offered

INR 80.00 LPA

Highest domestic salary offered

INR 46.50 LPA

Average domestic salary offered

INR 25.16 LPA

Median salary offered

INR 25.00LPA

Total number of recruiters

82

Number of international offers

NA

New recruiters

Accenture Strategy, Asian Paints, AU Small Finance Bank, CarDekho, Dell Technologies, Deloitte, Emami, EY, HCCB, Jio Platforms, Mars, Narayana Health, NFIL, Nucleus Software, Optum, RBL Bank, Searce, State Street and Udaan

Sector-wise maximum hiring

Consulting (25 per cent)

Also Read: 

FMS Delhi

FMS Delhi final placements for 2022 batch witnessed 100 per cent recruitment with average CTC of INR 32.40 lakh per annum. The institute conducted placements for the 2020-22 batch comprising 269 students out of which 257 took part in the process. Top recruiters inlcuded Accenture Strategy, Adobe, Amazon, Bain & Co., Boston Consulting Group, Citibank, Coca-Cola, ITC Limited, Kearney, Media.net, MicrosoftPaytm, Standard Chartered among others.

FMS Delhi Placements 2022: Highlights

Features

Details

Highest salary offered

INR 58.00 LPA

Average Salary Offered

INR 32.40 LPA

Median Salary Offered

INR 30.00  LPA

Number of students participated

257

Number of offers made

NA

Number of recruiters

120+

Top Recruiters

Accenture Strategy, Adobe, Amazon, Bain & Co., Boston Consulting Group, Citibank

Also Read:

XLRI Jamshedpur

XLRI, Jamshedpur final placement process 2022 batch witnessed 100 per cent hiring with all 427 students of PGDM HRM and PGDM BM courses getting recruited by top companies including Boston Consulting Group, Microsoft, Amazon, P&G, Aditya Birla Group, ITC, Avendus Capital, Hindustan Unilever, and others. The highest domestic salary offered this year was over INR 60 lakh per annum, while the average salary offered was INR 30.70 lakh per annum. About 40.28 per cent students received preplacement offers.

XLRI Jamshedpur Placements 2022: Highlights

Features

Details

Highest international salary

NA

Highest domestic salary

Over INR 60 LPA

Average domestic salary

INR 30.70 LPA

Median domestic salary

INR 30.00 LPA

Number of candidates

427

Number of offers made

437

Total number of participating companies

99

Number of first-time recruiters

23

Also Read:

SPJIMR Mumbai

in the SPJIMR final placements 2022, the institude witnessed a rise in salary offers as compared to last year. The highest CTC offer stood at INR 53.16 lakh per annum, In 2021, it was INR 46.65 LPA. The average domestic salary offered this year was INR 32.05 lakh per annum; about six lakhs more than last year (INR 26.06 lakh per annum). A total of 123 pre-placement offers were made at SPJIMR. Maximum recruitment was made by Consulting companies. They rolled out offers to, the highest ever reported by SPJIMR for a batch.

SPJIMR Mumbai Placements 2022: Highlights

Features

Details

Highest salary offered

INR 53.16 LPA

Average salary offered

INR 32.05 LPA

Median salary offered

INR 30.10 LPA

Total number of students

238

Total number of participating companies

70

Number of PPOs

123

Number of first time recruiters

33

Also Read:

MDI, Gurgaon

Management Development Institute (MDI), Gurgaon completed its final placement process for 2020-22 with 100 per cent hiring of the batch comprising 391 students. This year, the institute witnessed the participation of 85 companies which included 32 new recruiters and a substantial rise in the average salary offered.

The highest salary offer this year stood at whopping INR 1.14 crore per annum which is a rise of more than INR 50 lakhs from last year (INR 44 LPA). The average salary offer rose from INR 23.15 lakh per annum last year to INR 26.07 lakh per annum this year. 

MDI Gurgaon Placements 2022: Highlights

Features

Details

Highest domestic salary offered

INR 1.14 CPA

Average salary offered

INR 26.07 LPA

Median salary offered

INR 23.50 LPA

First time recruiters

32

Number of participating companies

85

Top recruiting sector

Consulting (41% offers)

Also Read:

IMT Ghaziabad

IMT Ghaziabad placement process 2022 was completed recently with recruitment of 517 students of PGDM, PGDM-DCP and PGDM-BFS courses.  The institute saw participation from 130+ top companies, which included 45 first time recruiters. 

Top companies which participated in IMT Ghaziabad final placements 2022 include Goldman Sachs, Credit Suisse, Morgan Stanley, Natwest Group, Morningstar, HSBC, Aditya Birla Capital, Bank of America, BNY Mellon, Darashaw,  Accenture, Cisco, Cognizant, Microsoft, Google, Genpact, Zycus, HCL, Salesforce MAQ Software, Wipro Tech, BCG, Deloitte, Infosys Consulting, KPMG Global Services and Zinnov Management Consulting, Marico, Wipro CCL, Zydus Wellness, Indegene, L’Oréal, Emami, Piramal and others.

IMT Ghaziabad Placements 2022: Highlights

Features

Details

Highest domestic salary offered

INR 62.00 LPA

Average salary offered

INR 15.28 LPA

Median salary offered

INR 14.00 LPA

Top recruiting sector

IT/ITES (28 per cent)

Total number of PPOs

64

Also Read: IMT Ghaziabad Placements 2022

IRMA Anand

The final placement process of IRMA’s 41st batch witnessed 100 per cent placements. 19 students were placed through the Pre-Placement Offers (PPOs) including one international PPO. As many as 431 offers hwere made to a batch of 215 students. The average salary offer at the institute stood at INR 14.33 lakh per annum, while the highest offer stood at INR 26.50 lakh per annum.  

Top recruiters nclude Flipkart, ICICI Bank, Axis Bank, Gujarat Cooperative Milk Marketing Federation Limited (AMUL), National Dairy Development Board, Cred Avenue, Crompton Greaves, Godrej Agrovet Ltd., ITC Ltd., Grant Thornton LLP, Licious, Tata Steel, Vedanta CSR, Yes Bank, Samunnati Financial Intermediation & Services Pvt. Ltd., IDFC First Bank, Dhwani Rural Information Systems, Adani Wilmar Ltd., Future Group, Dharampal Satyapal Group, Jio Platforms Ltd., DCM Shriram, Metro Cash n Carry, More Retail, Reliance Retail, Verghese Kurien Policy Lab at IRMA, among others.

IRMA Placements 2022: Highlights

Features

Details

Highest salary offered

INR 26.50 LPA

Average salary offered

INR 14.33 LPA

Median salary offered

INR 15.00 LPA

Number of Participating companies

251

Number of job offers

431

Also Read: IRMA Placements 2022

MBA Placements 2022: Highest/Average package at top MBA institutes in India

Take a look at the liat below to knwo which are the MBA colleges highest package in India. Also note the average salary offers made during the final placement process of top MBA institutes (non-IIMs) in India.

MBA institute

Highest CTC

Average CTC

FMS Delhi

INR 58.00 LPA

INR 32.40 LPA

IIFT Delhi

INR 46.50 LPA

INR 25.16 LPA

XLRI Jamshedpur

Over INR 60 LPA

INR 30.70 LPA

MDI Gurgaon

INR 1.14 CPA

INR 26.07 LPA

IMT Ghaziabad

INR 62.00 LPA

INR 15.28 LPA

SPJIMR Mumbai

INR 53.16 LPA

INR 32.05 LPA

JBIMS Mumbai

INR 42.00 LPA

INR 27.63 LPA

MICA Ahmedabad

INR 49.75 LPA*

INR 14.01 LPA*

IMI Delhi

INR 32.00 LPA

INR 15.23 LPA

XIMB Bhubaneswar

INR 32.21 LPA

INR 17.54 LPA

Great Lakes Institute of Management (PGDM)

INR 25.80 LPA

INR 12.50 LPA

SIBM Pune

INR 45.50 LPA

INR 23.06 LPA

NMIMS Mumbai

INR 57.65 LPA

INR 23.07 LPA

ISB Hyderabad

NA

INR 27.13 LPA*

*Figures are from 2021 placement report and will be updated as soon as the 2022 data is released.

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FAQs Related to MBA Placements

Q: What is the MBA placement process?

A: In the MBA placement process, the institute facilitates interaction between graduating students and companies looking for MBA graduates for managerial/consultant level jobs in various domains and industries.

Q: What is a pre-placement offer?

A: A pre-placement offer or PPO refers to the job offer before final placements. PPOs are based on summer internships. Depending on the candidate’s performance in the summer internship, the firms can communicate to the Institute their decision to offer the PPOs before the final placement process.

Q: Do companies pay a stipend in a summer internship?

A: Yes, companies pay handsome packages as a stipend in a summer internship. Candidates must avail the summer internship offered by their institute, as it also helps in getting pre placement offers in the final year.

Q: What is the average salary range offered at the IIMs?

A: The average salary range at IIMs during final placements range between INR 10 lakh per annum to INR 27 lakh per annum.

Q: What is the average salary CTC offered at IIM Bangalore?

A: The average CTC as per IIM Bangalore placement 2022 stood at INR 28.98 lakh per annum. Accenture Strategy, Amazon, Bain & Company, Goldman Sachs, McKinsey & Company, BCG, Microsoft, Paytm, Kearney were the top recruiters.

Q: Are the placement offers better at FMS than IIM?

A: FMS placements are at par with top IIMs like Ahmedabad, Bangalore and Calcutta and better than new IIMs. The average salary offered at FMS is usually around INR 25 lakh every year.

Q: Were the placement process of MBA colleges affected by COVID-19?

A: There was no serious effect on placements in MBA colleges affected by COVID-19. The placement process at several institutes took place virtually via video conferencing. 

Q: In which IIMs do companies make international offers to MBA students?

A: IIMs that witness international offers during final placements are IIM Ahmedabad, IIM Bangalore, IIM Indore, IIM Lucknow, and IIM Calcutta. 

Q: Is IMT Ghaziabad good for placements?

A: IMT Ghaziabad is one of the top-ranked MBA institutes in India and has a very good placement record. The highest domestic salary offered in 2022 stood at INR 62.00 lakh per annum.

Q: Does a candidate’s academic profile affect their campus placement?

A: Yes, the companies look for candidates with good grades, overall profile, summer internships, previous work experience, academic achievements to select a candidate for a particular role.

Q: What was the highest international salary offered as per IIM Calcutta?

A: The highest salary offer at IIM Calcutta in 2021 stood at INR 80 lakh per annum. In 2022, no international offer was made during the final placements process. 
About the Author
Vipra Shrivastava
Manager - Content

Vipra is a binge TV watcher and a massive Breaking Bad fan. When not watching TV, she likes to spend time updating the list of places she wants to visit and people she wants to meet but she is happiest in the compan... Read Full Bio

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