Do IIM graduates earn a lot?
IIMs are popular for their excellent monetary returns, that is the primary reason most MBA aspirants join IIMs in the first place.
The average CTC offered to candidates in top IIMs ranges from INR 20-25 INR whereas the average CTC of newer IIMs falls between INR 10-20 LPA. The highest salary offered at major IIMs - A, B, and C has been recorded at INR 70 lakh to INR 1 crore as CTC. International offers of around INR 60 lakh and above were also made.
The table below shows the highest and average CTC of some major IIMs
|
IIMs |
Highest CTC |
Average CTC |
|
IIM Ahmedabad |
INR 50 LPA |
INR 27.54 LPA |
|
IIM Bangalore |
INR 80 LPA |
INR 28.98 LPA |
|
IIM Calcutta |
INR 87.36 LPA |
INR 34 LPA |
|
IIM Lucknow |
INR 58 LPA |
INR 31.03 LPA |
|
IIM Kozhikode |
INR 67.02 LPA |
INR 29.50 LPA |
|
IIM Indore |
INR 49 LPA |
INR 25.01 LPA |
|
IIM Shillong |
INR 55.22 LPA |
INR 23.10 LPA |
This year too, the excellent placement drive witnessed top companies like E&Y, Deloitte, Walmart, Accenture, JP Morgan Chase, Barclays, Morgan Stanley, Tolaram, Squareyards & Protiviti, EXL, KPMG, HSBC, Goldman Sachs, Amazon, Zomato, ICICI Bank, Bajaj, Axis, Tata, WIPRO, etc. These companies offered diverse Management roles to IIM students with excellent packages.
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