MBA Salary Trends of IIMs in Last 5 Years

IIM placements in the last five years have demonstrated stability and steadiness despite various global occurrences and unrest which have directly affected various industries. MBA Salary Trends of IIMs in Last 5 Years reveal that the B-Schools still promise a good head start and a satisfactory ROI.

MBA Salary Trends of IIMs in Last 5 Years

MBA from the IIMs is the ultimate dream of every management aspirant in India. The B-School cluster is the oldest and the most sought after destination for management education. Over the last five years, the management landscape has changed a lot. It started with global pandemic and following slowdown, wars, international wars, corporate digitization, advent of AI and subsequent macroeconomic shifts.

However, despite that the IIMs have maintained a healthy ROI (Return on Investment) with respect to its full time MBA programmes. While the top three IIMs – Ahmedabad, Bangalore and Calcutta continued to be the favourite among top conglomerates for hiring MBA graduates, the new IIMs and Baby IIM campuses also reported growth at their own pace. All the 22 IIMs have reported 100 % placements year on year, with a good number of new recruiters joining the campus placement process every year.

The major concern of an MBA aspirant is campus placement and the ROI. Since IIM MBA fees are on the higher side, it is but natural to have a high expectation from the summer and final placement processes. IIMs have proven to be the steady boat in rocky waters. In this article, we analyse the trend of IIM placements and salaries in the last five years.

MBA Salary Trends of IIMs in Last 5 Years

IIM Ahmedabad Salary Trends 2021-2025

IIM Ahmedabad dominates Consulting and Finance domains in terms of hiring. While the highest salary figures ranged between 55 lakh and 1 crore; average salary remained steady at IIM Ahmedabad.

Also Read: IIM Ahmedabad placements 2026

IIM Bangalore Salary Trends 2021-2025

The average salary offer at IIM Bangalore has remained steady in the last 4 years between 30 to 33 lakh per annum despite market slowdown and other global challenges.

Also Read: MBA after engineering vs MBA after BCom: Who earns more after 5 years

IIM Calcutta Salary Trends 2021-2025

IIM Calcutta’s placement data of the last five years show similar trends as IIM Ahmedabad and IIM Bangalore. While the highest CTC remained exceptionally high, average CTC remained consistent at IIM Calcutta, despite international upheavals in the last five years.

IIM Lucknow Salary Trends 2021-2025

IIM Lucknow offers 2-year PGP, PGP Agribusiness and PGP Sustainable Management. It is one of the very few B-Schools in India offering these niche specializations. Check below IIM Lucknow average and highest salary figures in the last five years.

IIM Kozhikode Salary Trends 2021-2025

Post the dip in 2021, the average salary has remained steady in the range of 28 to 31 lakh per annum. Highest CTC has seen continuous rise in the last five years at IIM Kozhikode.

IIM Indore Salary Trends 2021-2025

IIM Indore witnessed rise in average salary from INR 23 lakh INR 30 lakh in the last five years. There were sharp crests and falls in highest salary at IIM Indore.

IIM Bodhgaya Salary Trends 2021-2025

IIM Bodhgaya witnessed the peak in the year 2023 in the past five years with average CTC at INR 16 LPA and highest CTC at INR 48.58 LPA. In rest of the years, highest package offers remained between INR 17 to 24 LPA

Also Read: MBA admission 2027- Application Deadline of top B-Schools

IIM Mumbai Salary Trends 2021-2025

The erstwhile NITIE, IIM Mumbai has remained one of the most rock solid and stable institution in terms of campus placements. Even in the past five years, the salary figures have fluctuated drastically. The average CTC has in fact witnessed a steady rise.

IIM Shillong Salary Trends 2021-2025

Average salary growth at IIM Shillong in the past five years has been a remarkable 38 %, not a feat that event the IIM BLACKI have been able to achieve. Average salary has remained consistent.

IIM Trichy Salary Trends 2021-2025

IIM Trichy has also recorded a rise in average salary offers in the past five years while the highest salary offer has remained consistent in the INR 40 LPA band in the last five years.

IIM Ranchi Salary Trends 2021-2025

IIM Ranchi MBA placements have seen upward tick in salary figures. From 14 LPA in 2021 to INR 19 LPA, the institute has recorded growth. Similarly, for highest salary figures. Check below:

IIM Udaipur Salary Trends 2021-2025

An increase of approximately 41% in the last five years has been witnessed in the average salary offer of IIM Udaipur. Highest salary rose from INR 35 LPA to INR 47 LPA.

IIM Rohtak Salary Trends 2021-2025

At IIM Rohtak, the highest spike was recorded in 2024, with average salary recording INR 19.27 LPA and highest offer at INR 48.25 LPA. Overall, IIM Rohtak has also seen growth.

IIM Nagpur Salary Trends 2021-2025

While the average salary figure at IIM Nagpur has seen steady increase in the last five years, the highest salary data reflects massive fluctuations.

IIM Kashipur Salary Trends 2021-2025

Being one of the newest IIM campuses, IIM Kashipur has maintained the placement figures in the same range as its peers. Highest spike as recorded in 2023, in the past five years.

IIM Sambalpur Salary Trends 2021-2025

In the last five years, IIM Sambalpur witnessed a single and massive spike in the highest salary data in the year 2023. After a fall in 2024, it recovered well in the 2025 IIM placement process.

IIM Jammu Salary Trends 2021-2025

IIM Jammu too witnessed steady rise in the average salary offers in the last five years. There was a major spike in the highest salary offer in the year 2023.

IIM Amritsar Salary Trends 2021-2025

There was a steady rise in average salary between 2021 to 2024, but the figure fell in 2025. IIM Amritsar has overall been keeping the trend stable.

IIM Visakhapatnam Salary Trends 2021-2025

IIM Visakhapatnam highest salary peak in the last five years was in 2024. Average salary offers have remain consistent during the period at around INR 15 LPA (average).

IIM Sirmaur Salary Trends 2021-2025

IIM Sirmaur placement data of the past five years reveal sharp rise and fall in highest salary figures. The average salary offers have remained within a stable range.

IIM Top Recruiters

IIM top recruiters across sectors include BCG, McKinsey & Company, Bain & Company, Accenture Strategy, EY, Deloitte, PwC, KPMG, JP Morgan Chase, Morgan Stanley, Citibank, HSBC, American Express, Amazon, ICICI Bank, Google, Microsoft, P&G, HUL, Aditya Birla, Reliance and ITC among others.

Conclusion

MBA salary trends of IIMs in lLast 5 years reveal that the IIMs remain the most sought after B-Schools in India having better ROI than other top ranked B-Schools. They have recovered well in terms of average salaries in the past five years despite various challenges plaguing the industry. Business conglomerates and international organisations continue to show faith in IIMs for the best corporate work force.