What are the placement prospects for one pursuing PGP from IIM Bangalore with 7 years of work experience in PSU?

IIM Bangalore is supposedly the best school for people with prior work experience. In comparison to other IIMs in India, this is completely true. The lateral placements in IIMB deserve credit. There is, however, a stipulation regarding the number of years of work experience. If someone has 2-3.5 years of work experience, it is an ideal place for him because he will be allowed in almost all companies in both laterals and finals. Everyone is welcome to compete in the finals. In general, the following three things occur:

• Candidates with 0-2 years of work experience are good for finals but have few chances in laterals. Preferred in marketing, finance, and top consulting positions (for the brightest).
• Candidates with (2-3.5) years of professional experience are excellent for laterals and finals. Preferred in all situations, including consulting.
• Candidates with (3.5-4.5) years of work experience: Good for laterals, with an average chance of making it to the finals (but good for average consulting roles and relevant experience)
• Candidates with 4.5+ years of work experience have a poor chance of making it to the finals, except for relevant experience and some consulting roles, and a mixed chance of making it to the laterals ( some might end up getting good, for some, it might be average)

It is determined by the candidate's profile, achievements, type of work experience, GPA (DML list), networking, communication skills, the nature and demand of the recruiting company, the job market, availability, and so on. 

Prospects for 7 years of work-ex are now available. With that, you should be prepared to explain its alignment with your career goals during the shortlisting process. Some startups do offer opportunities to talented students with extensive work experience. Getting on the DML list increases your chances of success everywhere. You should have place com people on your side. If you believe that these things are difficult for you, try taking sabbaticals/study leaves (if you work in a PSU) and evaluating later. You will almost certainly be assigned here. The placement's quality cannot be guaranteed.