All About IIM Placements

IIM is a brand name that attracts top companies from around the world. IIMs are the most reputable business schools in India and it would certainly be correct to say that placements in IIM are top-notch. The world-class education facility provides students multiple opportunities to widen their horizon and study the top management courses to boost their careers. The placements in IIMs are annually conducted between December and February with top companies from various industries visiting the campuses to recruit students for multiple roles in their organization. If you wish to know more about placements in IIM, read on because we shall provide key figures and top companies that make annual recruitments from the colleges.

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IIM Placement Process

The IIM placement process is conducted in three phases- Summer Placements, Lateral Placements, and Final Placements.

1. IIM Summer Placements: Usually conducted in October – November and only first-year students can participate in summer placements.
2. IIM Lateral Placements:  Usually conducted in January – February and only those students who have prior work experience can participate in lateral placements.
3. IIM Final Placements:  Usually conducted in Feb- March and only graduating students can participate in final placements.

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Placements in IIM: Highest International Packages Offered

In this section, we shall discuss the highest CTC offered by the prominent IIMs for the academic year 2020. We have listed the highest international CTC offered below :

1. IIM Ahmedabad:   INR 1.32 CPA
2. IIM Kashipur: INR 48.5 LPA
3. IIM Indore: INR 89.25 LPA
4. IIM Ranchi: INR 59.3 LPA
5. IIM Udaipur: INR 33 LPA
6. IIM Sambalpur: INR 58 LPA

Placements in IIM: Highest/Average Salary Packages Offered

The average salary packages offered in the placements of well-established IIMs ranges from INR 20- 26 LPA whereas newer IIMs offer average salary that ranges from INR 10-18 LPA. However, what must be pointed here is that although there has been an increase in the highest salary package offered in new IIMs as compared to last year, the average salary package has remained the same more or less. We have taken the data available for the year 2020 and listed it down. 

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List of Companies 

Here is a comprehensive list of companies that participate in the annual placement drives conducted by IIMs in India. These companies belong to sectors like Information Technology, E-Commerce, Manufacturing, Consulting, Strategy, Telecom and FMCG:

• McKinsey 
• The Boston Consulting Group 
• MasterCard 
• SAIF Partners
• JP Morgan
• Airtel
• PWC
• Bain & Co
• Goldman Sachs
• Blackstone Group
• Colgate
• Samsung
• Wipro
• American Express
• HCL Technologies and Strategy
• Russell Reynolds
• Etihad Airways
• OLAM
• United Breweries

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FAQs

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