VGSoM IIT Kharagpur Placements 2023: Average Package: INR 22.13 LPA & Highest Package: INR 43.37 LPA
VGSoM IIT Kharagpur Placements 2023: Average Package: INR 22.13 LPA & Highest Package: INR 43.37 LPA
VGSOM IIT Kharagpur placements 2023 has been concluded. VGSOM IIT Kgp highest package stood at INR 43.37 LPA whereas VGSOM IIT Kharagpur average package stood at INR 22.13 LPA. Maximum number of students were placed in the Strategy & Consulting domain (30%) followed by Operations Domain (19%).
During the placement drive of 2022, recruiters came from various sectors. The highest number of offers were made from the Consulting sector (28) followed by the Operations sector (26). The highest salary of more than INR 30 LPA was made from the Operation sector. Students received job roles like Analyst, Consultant, Program Manager, Management Trainee etc.
The final report of the 2023 summer internship placement drive has also been released. According to the report, 96 students registered to participate in the placement drive & all of them received internship opportunities. The highest & average stipend stood at INR 3 Lakhs per month & INR 1.36 Lakhs per month respectively. There was a participation of 30 recruiters during the summer internship placement drive.
Accenture, Amazon, Deloitte, ITC, Wipro, ZS Associates & many more reputed recruiters participated in the placement drive.
To know more click here VGSoM IIT Kharagpur Courses & Fees
Table of Content
- VGSoM IIT Kharagpur Placements 2023 Report
- VGSOM IIT Kharagpur Placements 2023 Domain – Wise
- VGSoM IIT Kharagpur Placements 2022 Domain - Wise
- VGSoM IIT Kharagpur Placements 2022 Sector - Wise
- VGSoM IIT Kharagpur Placements 2022 Company - Wise
- VGSoM IIT Kharagpur Placements Year - Wise Trends
- VGSoM IIT Kharagpur Placements 2022 Top Recruiters
- VGSoM IIT Kharagpur Placements 2022 Batch Profile
- VGSoM IIT Kharagpur Summer Internship Placements 2023 Report
- VGSoM IIT Kharagpur Summer Internship Placements 2023 Domain - Wise
- VGSoM IIT Kharagpur Summer Internship Placements 2022
- VGSoM IIT Kharagpur Summer Internship Placements 2022 Domain-Wise
- VGSoM IIT Kharagpur Summer Internship Placements 2023 Top Recruiters
- VGSoM IIT Kharagpur Summer Internship Placements 2023 Batch Profile
- VGSoM IIT Kharagpur Alumni
- VGSoM IIT Kharagpur Placements FAQs
VGSoM IIT Kharagpur Placements 2023 Report
| Particulars | Placements Statistics (2021-23) | Placements Statistics (2020-22) |
|---|---|---|
| Number of recruiters | 45 | 20+ |
| Batch strength | 94 | 97 |
| Number of students placed | - | 97 |
| Number of PPOs | - | 34 |
| Highest salary | INR 43.37 LPA | INR 31.98 LPA |
| Average salary | INR 22.13 LPA | INR 19.36 LPA |
| Median salary | INR 21.04 LPA | INR 18.08 LPA |
| Top 10 percentile average salary | INR 31.55 LPA | INR 28.75 LPA |
| Top 25 percentile average salary | INR 27.78 LPA | INR 27.05 LPA |
| Top 50 percentile average salary | INR 24.66 LPA | INR 23.37 LPA |
| Lowest salary | INR 13.6 LPA | INR 10 LPA |
| Major sectors | Strategy & Consulting | Consulting, Operations |
| Top recruiters | Bloomberg, Accenture, BMW | Accenture, Amazon, Deloitte, ITC, Wipro, ZS Associates |
Also check VGSoM IIT Kharagpur Admission 2022
VGSOM IIT Kharagpur Placements 2023 Domain – Wise
| Sectors | Percentage of students Placed |
|---|---|
| Strategy & Consulting | 30% |
| Operations | 19% |
| General Management | 15% |
| Analytics & ITES | 18% |
| BFSI | 10% |
| Sales & Marketing | 8% |
VGSoM IIT Kharagpur Placements 2022 Domain - Wise
The below graph shows the domain-wise highlights of VGSoM IIT Kharagpur Placements 2022:
During the placement drive, the highest number of placement offers were made from the Consulting domain which was further followed by the Operations & Analytics domains.
VGSoM IIT Kharagpur Placements 2022 Sector - Wise
The below table shows VGSoM IIT Kharagpur Placements 2022 sector-wise statistics:
| Sectors | Number of students | Highest salary |
|---|---|---|
| Consulting | 28 | INR 27 LPA to INR 29 LPA |
| Operations | 26 | More than INR 30 LPA |
| Analytics | 18 | INR 24 LPA to INR 27 LPA |
| IT/ITES | 13 | INR 18 LPA to INR 24 LPA |
| BFSI, Sales & Marketing, Others | 12 | INR 19 LPA to INR 21 LPA |
During VGSoM IIT Kharagpur Placements 2022, the highest number of students were placed in the Consulting sector followed by the Operations sector.
Also check VGSoM IIT Kharagpur Cut-off
VGSoM IIT Kharagpur Placements 2022 Company - Wise
The below table represents the company-wise placement data:
| Name of companies | Domains | Job roles offered | Salary range |
|---|---|---|---|
| Accenture AI | Analytics | Data Science Analyst, Consultant | INR 18 - 24 LPA |
| Accenture Strategy & Consulting | Consulting | Analyst, Consultant | INR 27 - 29 LPA |
| Amazon | Opeations | Program, Inventory Manager | INR 17 - 21 LPA |
| Bristlecone India Pvt Ltd | Opeations | Consultant | INR 20 - 22 LPA |
| Crompton | FMCG/FMCD | Management Trainee | INR 22 - 24 LPA |
| Dell | Analytics | Analyst | INR 13 - 15 LPA |
| Deloitte | Consulting | Consultant | INR 12 - 16 LPA |
| Indegene | Opeations | Management Trainee | INR 15 - 18 LPA |
| Infosys Consulting | Consulting | Senior Consultant, Consultant | INR 18 - 20 LPA |
| ITC Limited | FMCG/FMCD | Supply Chain Manager | INR 30+ LPA |
| PwC | Consulting | Management Consulting, Technology Consulting | INR 18 - 22 LPA |
| RevFin | BFSI | Product Manager | INR 20 - 22 LPA |
| Schindler India | Opeations | Management Trainee | INR 17 - 19 LPA |
| Tiger Analytics | Analytics | Analyst | INR 15 - 18 LPA |
| Titan | FMCG/FMCD | Management Trainee | INR 17 - 19 LPA |
| VMware | IT/ITES | Product Manager | INR 23 - 25 LPA |
| Wells Fargo | BFSI | Program Associate | INR 20 - 22 LPA |
| Wipro | IT/ITES | Consultant, Analyst | INR 15 - 17 LPA |
| ZS Associates | Analytics | Associate, Consultant | INR 25 - 27 LPA |
During the 2022 placement drive, the highest salary was received from ITC Limited followed by Accenture Strategy & Consulting. Students received diverse job roles like Consultant, Analyst, Management Trainee, Associate etc.
VGSoM IIT Kharagpur Placements Year - Wise Trends
The below table shows the year-wise trends of VGSoM IIT Kharagpur Placements:
| Particulars | 2020-22 | 2019-21 | 2018-20 | 2017-19 |
|---|---|---|---|---|
| Highest salary | INR 31.89 LPA | INR 26.5 LPA | INR 29 LPA | INR 22.1 LPA |
| Average salary | INR 19.36 LPA | INR 18.44 LPA | INR 18.1 LPA | INR 17.4 LPA |
| Median salary | INR 18.08 LPA | INR 17.12 LPA | INR 16.5 LPA | INR 16.1 LPA |
During the 2022 placement drive, the highest salary, average salary & median salary increased by nearly 20.3%, 5% & 5.6% respectively as compared to the previous year. The average & median salary has been increasing every next year. There were ups & downs in the highest salary offered in the past years.
Also check VGSoM IIT Kharagpur Ranking
VGSoM IIT Kharagpur Placements 2022 Top Recruiters
| Accenture AI | Dell | PwC | VMware |
| Accenture Strategy & Consulting | Deloitte | RevFin | Wells Fargo |
| Amazon | Indegene | Schindler India | Wipro |
| Bristlecone India Pvt Ltd | Infosys Consulting | Tiger Analytics | ZS Associates |
| Crompton | ITC Limited | Titan | Agri Life |
VGSoM IIT Kharagpur Placements 2022 Batch Profile
The below info-graph shows the batch profile of VGSoM IIT Kharagpur Placements 2022:
The 2020-22 batch comprised a total of 97 students. Most of the students had a background in Mechanical Engineering, Electronics & Communication Engineering, Electrical Engineering, Computer Science Engineering etc.
VGSoM IIT Kharagpur Summer Internship Placements 2023 Report
| Particulars | Internship Statistics (2020-22) | Internship Statistics (2021-23) |
|---|---|---|
| Number of recruiters | 62 | 30 |
| Batch strength | 98 | 96 |
| Number of students registered for internships | 96 | 96 |
| Number of students placed | 96 | 96 |
| Highest stipend | INR 3 Lakhs per month | INR 3 Lakhs per month |
| Average stipend | INR 1.28 Lakhs per month | INR 1.36 lakhs per month |
| Median stipend | INR 1.15 Lakhs per month | INR 1.53 Lakhs per month |
| Major domains | Sales & Marketing, Operations | Strategy & Consulting , Operations |
| Top recruiters | Juspay, Google, Savan, | Accenture, Amazon, ITC, Sputum, PwC, Titan, Tresvista |
During VGSoM IIT Kharagpur Summer Internship Placements 2023, there was a participation of 30 recruiters. The total batch strength was of 96 students & all of them received internship opportunities. Students received internship offers from various domains. Among all the domains, the highest number of students were placed in the Strategy & Consulting domain followed by the operations domain.
They received an average stipend of INR 1.36 Lakhs per month & a median stipend of INR 1.53 Lakhs per month. The highest stipend offered was INR 3 Lakhs per month.
Reputed recruiters like Accenture, Amazon, ITC, Sputum, PwC, Titan, Tresvista & many more visited the campus during the summer internship placement drive.
Also check VGSoM IIT Kharagpur News & Articles
VGSoM IIT Kharagpur Summer Internship Placements 2023 Domain - Wise
The below table shows the domain-wise internship data for the year 2022:
| Domains | Number of students | Placement percentage |
|---|---|---|
| Strategy & Consulting | 24 | 25% |
| Operations | 23 | 24% |
| IT & Analytics | 16 | 17% |
| Sales & Marketing | 15 | 15% |
| BFSI | 13 | 14% |
| Others | - | 5% |
During the summer internship placement drive at VGSoM IIT Kharagpur campus, the highest number of students were placed in the Strategy & Consulting domain (24 students) followed by the Operations domain (23 students).
VGSoM IIT Kharagpur Summer Internship Placements 2022
| Particulars | Internship Statistics (2020-22) |
|---|---|
| Total Number of Students | 98 |
| Number of Students Registered for Internships | 96 |
| Percentage of Students offered Internships | 100% |
| Number of Companies Participated | 62 |
| Highest Stipend | INR 3 Lakhs |
| Average Stipend | INR 128K |
| Median Stipend | INR 115K |
| Top Recruiters | Juspay, Google, Saavn |
During the summer internship placement drive of 2022, out 0f 98 students 96 registered for the placements and 100% students were offered internships.
In the summer internship placement drive of 2022, the highest stipend stood at INR 3 Lakhs whereas the average and median stipend stood at INR 128K and INR 115K respectively.
Some of the top recruiters include Juspay, Google, Saavn, Microsoft, DE Shaw and many others.
VGSoM IIT Kharagpur Summer Internship Placements 2022 Domain-Wise
The following graph represents the domain wise summer internship placements of 2022:
During the summer internship placement drive of 2022 maximum number of students were placed in the sales and marketing domain followed by Operations domain.
VGSoM IIT Kharagpur Summer Internship Placements 2023 Top Recruiters
| Accenture | Amazon | IBM | HP |
| ICICI Bank | ITC Limited | Siemens | Tiger Analytics |
| Tresvista | Wipro | Mobilewala | Optum |
| Outlook Group | Medtronics | Revfin | Inspire |
| Juspay | Manyavar | Planet Spark | Halma |
VGSoM IIT Kharagpur Summer Internship Placements 2023 Batch Profile
The below info-graph shows the 2021-23 batch profile of VGSoM IIT Kharagpur Summer Internship Placements:
The 2021-23 batch comprised a total of 96 students. Most of the students had a background in Mechanical & Production Engineering, Electronics & Communication Engineering.
Also check VGSoM IIT Kharagpur Q&A
VGSoM IIT Kharagpur Alumni
| Name of organizations | Number of alumni |
|---|---|
| IIT Kharagpur - Vinod Gupta School of Management | 52 |
| PwC India | 42 |
| Wipro | 36 |
| Amazon | 28 |
| Accenture | 27 |
| Deloitte | 21 |
| IBM | 17 |
| ZS | 16 |
| Tata Consultancy Services | 13 |
| EY | 9 |
| HSBC | 7 |
| Tiger Analytics | 7 |
| ICICI Bank | 7 |
| Indian Institute of Technology, Kharagpur | 7 |
| HP | 6 |
Similar Colleges
| SBIHM School of Management | Bengal School of Technology & Management |
| International School of Management | DMS IIT Dhanbad |
VGSoM IIT Kharagpur Placements FAQs
Ques. How many students participated during VGSoM IIT Kharagpur Placements 2022?
Ans. 97 students participated during VGSoM IIT Kharagpur Placements 2022.
Ques. What was the highest salary received during VGSoM IIT Kharagpur Placements 2022?
Ans. VGSoM IIT Kharagpur highest salary stood at INR 31.98 LPA during its 2022 placement drive.
Ques. What was the average salary offered during VGSoM IIT Kharagpur Placements 2022?
Ans. Students received an average salary of INR 19.36 LPA during VGSoM IIT Kharagpur Placements 2022.
Ques. What was the median salary offered during VGSoM IIT Kharagpur Placements 2022?
Ans. The median salary stood at INR 18.08 LPA during VGSoM IIT Kharagpur Placements 2022.
Ques. Which recruiters participated in VGSoM IIT Kharagpur Placements 2022?
Ans. Reputed recruiters like Accenture, Amazon, Deloitte, ITC, Wipro, ZS Associates etc participated in VGSoM IIT Kharagpur Placements 2022.
Ques. What was the highest stipend offered during VGSoM IIT Kharagpur Summer Internship Placements 2023?
Ans. The highest stipend stood at INR 3 Lakhs per month during VGSoM IIT Kharagpur Summer Internship Placements 2023.
Ques. What was the average stipend offered during VGSoM IIT Kharagpur Summer Internship Placements 2023?
Ans. Average stipend stood at INR 13.6 K per month during VGSoM IIT Kharagpur Summer Internship Placements 2023.
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VGSoM: 3 Answered Questions
What is the placement scenario at VGSoM (IIT Kharagpur) when compared with new IIMs like Ranchi, Raipur, Kashipur, Trichy, Udaipur, and Rhotak?
In 2022, the VGSOM IIT Kharagpur business school achieved a 100% placement rate for its students. All 97 students who registered for the placement process were successfully placed in jobs. The highest salary package offered during the placement process was 31.98 LPA, while the average package was 19.36 LPA. These strong placement results demonstrate the success of VGSOM IIT Kharagpur in preparing its students for the job market and the value that employers place on its graduates.
Here is an individual's experience at IIT Roorkee, which was one in which he received admission to the institute in 2004 after having eight years of work experience. At that time, the management programs at IITs were relatively new and placements were not as strong as they are now. Despite this, he decided to attend IITR and focus on their studies and enjoying their MBA experience, rather than worrying about job prospects. As a result, he performed well academically and was able to secure an okay job in the IT industry. Through hard work and dedication, he was able to triple his salary within four years and work on projects in various countries. Ultimately, he retired in 2010 to travel and is still doing so seven years later. He believes that both IITs and new IIMs are good options for business education and that it ultimately depends on the individual's goals and priorities. He advises focusing on academics and enjoying the experience, as a job will eventually be obtained.
Which is better in terms of placement and brand value, JBIMS Mumbai or VGSOM IIT Kharagpur?
Both the colleges are reputed among students and offer decent ROI, a well-connected alumni network, and good placement opportunities.
Let’s have an overview for both the colleges one by one.
JBIMS:
- The average package offered went up to Rs.22.84 LPA in 2020 from Rs.20.13 LPA last year. The best package increased to Rs.34.36 LPA in 2020 from Rs.32.30 LPA last year. The median salary increased to Rs.22 LPA in 2020 from the previous year.
- The course fee for JBIMS is 7-1.52 lakhs.
- JBIMS accepts admission through CAT/MH-CET.
VGSoM:
- The average salary rose from Rs.15.50 LPA last year to Rs.23.20 LPA in 2020. The highest pay offered was Rs.20.50 LPA. The median salary increased from Rs.14.76 LPA last year to Rs.16.99 LPA in 2020.
- VGSoM charges around 10 lakhs for MBA.
- VGSoM takes admission based on CAT scores.
JBIMS Mumbai offers MIMS while VGSoM offers MBA. Both the institutes are good.
How are the placements at VGSOM, IIT Kharagpur?
VGSOM, a Business School extension of IIT Kharagpur's engineering college, offers 2-year MBA degrees and 3-year post-graduate MBA degree and P.hD curriculums to thousands of deserving students each year.
Keeping up with the campus drive of the last 5 years, the college recorded 100% placements for students of the 2018-2020 batch. More than 130 offers across IT, Manufacturing, BFSI, and E-commerce sectors were received by eligible graduates. The institute is ranked 6th by the prestigious NIRF ranking.
Overall Placement:
-
Over 70 recruiters participated in the campus drive, driving talent from VGSOM.
-
The packages vary from 10 LPA to 30 LPA, each year.
-
Each bath has 128-130 students, with all of them receiving reasonable offers each year.
-
From the 2018-2020 class, the highest package rose up to 29 LPA, with the average being set at 18.1 LPA.
2018-2020 Placement:
The 2018-2020 placement cycle set many records in terms of package offerings and student acceptances.
-
The batch achieved 100% placement in terms of internships and job offers, with the highest stipend being 2.9 LPA, and an average setting up to 1.07 LPA.
-
Over 70 recruiters pooled talent from the class of 2020.
-
Deloitte, Ford, Nissan, Google, PwC, and Amazon count among the top recruiting class.
-
In the academic year of 2018-2020, the placement cell saw an upward trend, with the highest CTC being INR 29 LPA.
-
INR 9.55 LPA was the minimum offer attracted by qualified graduates.
-
The median CTC of the top 25% of the 2020 batch is INR 23.2 LPA.
-
The median CTC of the rest of the class is INR 16.99 LPA.
|
Sectors |
Placement Rate |
Leading Recruiters |
|
IT/ITES |
11% |
Facebook, ITC, Genpact, Infotech, Bloomberg |
|
Consulting |
26% |
PwC, Ernst, Mckinsey & Co., Deloitte, Axtria |
|
BFSI |
12% |
HSBC, IDFC Bank, Oxane Partners |
|
Analytics |
15% |
Accenture, Axtria, Loadshare |
|
Sales & Marketing |
17% |
Amazon, Arvind, Titan, Texas Instruments, Crompton |
|
Operations |
19% |
Ford, ITC, Vedanta, Copart, Mahindra |
VGSoM runs an extremely sophisticated placement cycle, and positions such as Sales Management, Business Analyst, IT Consulting, Product Management, Financial Advisory, IT Consulting, and Business Advisory are offered in each academic cycle. Considering the handsome Fee to Package ratio, VGSoM is pretty good at placement.
Frequently Visited Companies
| Companies | |||
|---|---|---|---|
| Amazon | Ernst & Young | Flipkart | Genpact |
| IBM | Johnson & Johnson | Schlumberger | Wipro |
| Accenture | Kotak Group | Syngenta Biosciences | Tresvista Financial Services |
| Zycus | Vedanta | Kotak Mahindra Bank | Berger |
| ICICI Bank | Larsen & Toubro Limited | Protiviti Consulting Pvt. Ltd. | Titan |
| Diageo | PWC | Sutherland | Juspay |
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