Average Package of IIM: Indian Institute of Management holds a reputed position for offering excellent placement opportunities to its students across top national and international companies. The IIM placements drive indicates academic excellence, job market and industry connections. As per the past placements statistics, the average package of IIM typically ranges between Rs. 22-25 LPA and the salary packages of the newer IIMs are somewhere between Rs. 11-20 LPA. Over the past years, the highest salary package at the top IIMs – IIM Ahmedabad, IIM Bangalore and IIM Calcutta have been reached up to Rs. 1 crore in CTC. Some top companies participating in IIM placements are Tech Mahindra, ICICI Bank, Adani, Adobe, Amazon, BMW, PwC, Cognizant, Airtel, Accenture, etc.
IIM Placements is an essential aspect for students enrolled in the MBA programs. It consistently draws top recruiters from different sectors such as consulting, finance, technology, marketing, and operations. Presently, there are a total of 21 IIMs across the country. The placement process of IIMs are generally divided into phases, like summer internships offered to first-year students and final placements arranged for those about to graduate. Candidates aspiring for the admission to management programs at IIMs must check their past placement records and statistics to make an informed decision. The top IIMs are IIM Ahmedabad, IIM Bangalore and IIM Calcutta and as per the IIM placements, the average package of these top IIMs is Rs 35 LPA whereas 1 Crore is the highest package. To help, we have compiled below the average, median, and highest packages during IIM placements over the past years.
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IIM Placement Report (Year Wise Official Report)
Every year, Indian Institutes of Management conduct placements for the MBA/PGP batch between the month of December and February, and then publish their final placements report for the departing batch between January and July. At the top IIMs, A, B, and C, the highest salary offers ranged from Rs. 70 lakh to INR 1 crore as CTC. Typical international compensation packages start at INR 60 lakh. Check the year wise IIM placements here.
Here are the lists of IIM placements which covers average IIM placement package, median package and highest package offered in IIMs. The list covers IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Kozhikode, IIM Indore, IIM Tiruchirappalli, IIM Udaipur, IIM Vishakhapatnam, IIM Amritsar, IIM Bodh Gaya, IIM Jammu, IIM Lucknow, IIM Kashipur, IIM Mumbai, IIM Nagpur, IIM Raipur, and other respective IIMs.
IIM Ahmedabad Placements
IIM Ahmedabad is the dream management college for many aspirants who want to pursue PGP/MBA program. This institute is remarkable and marked a consistent rank 1 in the NIRF ranking. Talking about the 2025 placement statistics, IIM Ahmedabad covers 1.10 Crore Per Annum highest package and average package is 35.50 LPA.
Have a look at the average, median and highest salary package for IIM Ahmedabad placements tabulated below:
| IIM Ahmedabad Average Placement Package | IIM Ahmedabad Fees Structure | IIM Ahmedabad Highest Package |
| 35.50 Lakh Per Annum | 27.5 Lakhs | 1.10 Crore Per Annum |
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IIM Bangalore Placements
IIM Bangalore has also set its benchmark for providing top management education in India with covering 622 batch size. According to the 2025 structure, IIM Bangalore covers 34.88 LPA average placement package with the fees structure of 26.30 lakhs.
Have a look at the average, median and highest salary package for IIM Bangalore placements tabulated below:
| IIM Bangalore Average Placement Package | IIM Bangalore Fees Structure | IIM Bangalore Highest Package |
| 34.88 Lakh Per Annum | 26.30 Lakhs | – |
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IIM Calcutta Placements
IIM Calcutta is one of top B-schools in India which was established in 1961 along with received lot of accreditations like AACSB, AMBA and EQUIS. According to the recent placement structure, IIM Calcutta is covering an amazing average package of 34.23 LPA with a highest package of 1.45 crores. Candidates who wish to plan their management education will need to score good CAT percentiles.
Have a look at the average, median and highest salary package for IIM Calcutta placements tabulated below:
| IIM Calcutta Average Placement Package | IIM Calcutta Fees Structure | IIM Calcutta Highest Package |
| 34.23 Lakh Per Annum | 27 Lakhs | 1.45 Crore Per Annum |
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IIM Kozhikode Placements
IIM Kozhikode is also one of the top Indian Institutes of Management that covers 28.05 LPA and fees structure of 23.50 lakhs. The highest package covered by IIM Kozhikode is 72.02 Lakh Per Annum.
Have a look at the average, median and highest salary package for IIM Kozhikode placements tabulated below:
| IIM Kozhikode Average Placement Package | IIM Kozhikode Fees Structure | IIM Kozhikode Highest Package |
| 28.05 Lakh Per Annum | 23.50 Lakhs | 72.02 Lakh Per Annum |
IIM Indore Placements
Let’s discuss the average, median and highest salary packages for IIM Indore placements over the past years, shared below: The IIM Indore have an average placement package of 29.57 LPA, fees structure of 21.15 lakhs and highest package of around 70 Lakhs Per Annum. The complete placement statistics for IIM Indore is specified in the table mentioned below.
| IIM Indore Average Placement Package | IIM Indore Fees Structure | IIM Indore Highest Package |
| 29.57 Lakh Per Annum | 21.15 Lakhs | 70 Lakhs Per Annum |
IIM Tiruchirappalli Placements
Have a look at the average, median and highest salary package for IIM Tiruchirappalli placements over the past years tabulated below: The IIM Tiruchirappalli have an average placement package of 19.43 LPA with a fees structure of 21 lakhs and the highest placement package covering 43.69 LPA. Have a look on the IIM Tiruchirappalli placements mentioned below.
| IIM Tiruchirappalli Average Placement Package | IIM Tiruchirappalli Fees Structure | IIM Tiruchirappalli Highest Package |
| 19.43 Lakh Per Annum | 21 Lakhs | 43.69 Lakh Per Annum |
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IIM Udaipur Placements
According to the NIRF ranking, IIM Udaipur holds 21st position and also considered as the “New IIMs”. According to the updated placement statistics, the average package for IIM Udaipur is 18.77 Lakh Per Annum followed by the highest placement package of 47.66 Lakh Per Annum. The fees structure for IIM Udaipur is 21.33 lakhs. Have a look on the updated placement statistics below.
| IIM Udaipur Average Placement Package | IIM Udaipur Fees Structure | IIM Udaipur Highest Package |
| 18.77 Lakh Per Annum | 21.33 Lakhs | 47.66 Lakh Per Annum |
IIM Visakhapatnam Placements
IIM Visakhapatnam holds 29th position among the top MBA institutes in India according to the NIRF ranking 2025. Talking about the average package of IIM Udaipur then it is Rs. 16.40 Lakh Per Annum with fees structure of Rs. 20.51 lakhs and the highest placement package holds 32.50 LPA. The complete information about the placement statistics of IIM Visakhapatnam is mentioned in the table specified below.
| IIM Visakhapatnam Average Placement Package | IIM Visakhapatnam Fees Structure | IIM Visakhapatnam Highest Package |
| 16.40 Lakh Per Annum | 20.51 Lakhs | 32.50 Lakh Per Annum |
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IIM Amritsar Placements
IIM Amritsar comes under the category of Baby IIMs, where the average package of IIM Amritsar is 19.73 LPA (top 25%) with a fees structure of 21.5 lakhs and the highest placement package of Rs. 58.52 LPA. According to the NIRF ranking 2025, this institutes holds 64th rank. The complete information about the updated placement statistics is mentioned in the table specified below.
| IIM Amritsar Average Placement Package | IIM Amritsar Fees Structure | IIM Amritsar Highest Package |
| 19.73 Lakh Per Annum (top 25%) | 21.5 Lakhs | 58.52 Lakh Per Annum |
IIM Bodh Gaya Placements
IIM Bodh Gaya is also coming under the category of Baby IIM where many aspirants wanna consider to pursue their management programs with a placement statistics tag of 13 LPA as the average package of IIM, 17.96 as the fees structure and 22 Lakh Per Annum considered as the highest package. The complete information about the updated placement statistics is mentioned in the table given below.
| IIM Bodh Gaya Average Placement Package | IIM Bodh Gaya Fees Structure | IIM Bodh Gaya Highest Package |
| 13 Lakh Per Annum | 17.96 Lakhs | 22 Lakh Per Annum |
IIM Jammu Placements
IIM Jammu holds 35th position and the average package of IIM Jammu is 15.48 LPA with the fees structure of 20.73 lakhs and the highest placement package of Rs. 31.75 Lakhs Per Annum. Have a look at the average, median and highest salary package for IIM Jammu placements tabulated below:
| IIM Jammu Average Placement Package | IIM Jammu Fees Structure | IIM Jammu Highest Package |
| 15.48 Lakh Per Annum | 20.73 Lakhs | 31.75 Lakh Per Annum |
IIM Lucknow Placements
IIM Lucknow is the dream management institute of many aspirants and holds 5th position among the top MBA colleges in India. This institute is popularly comes under the category of old BLACKI IIMs, with the average package of IIM Lucknow is 32.3 Lakh Per Annum with a fees structure if 20.75 lakhs and 75 lakhs as the highest placement package of IIM Lucknow.
| IIM Lucknow Average Placement Package | IIM Lucknow Fees Structure | IIM Lucknow Highest Package |
| 32.3 Lakh Per Annum | 20.75 Lakhs | 75 Lakh Per Annum |
IIM Kashipur Placements
IIM Kashipur is widely categorized as the “New IIM” where the NIRF ranking 2025 for this institute is 23 and the average package of IIM Kashipur is 15.04 Lakh Per Annum and the fees structure of around 17.30 Lakhs. The highest package of IIM Kashipur is 29.86 Lakh Per Annum. The complete information of the updated placement statistics is tabulated below.
| IIM Kashipur Average Placement Package | IIM Kashipur Fees Structure | IIM Kashipur Highest Package |
| 15.04 Lakh Per Annum | 17.30 Lakhs | 29.86 Lakh Per Annum |
IIM Mumbai Placements
Have a look at the average, median and highest salary package for IIM Mumbai placements tabulated below:
| IIM Mumbai Average Placement Package | IIM Mumbai Fees Structure | IIM Mumbai Highest Package |
| 33.84 Lakh Per Annum (top 50% batch) | 21 Lakhs | 54 Lakh Per Annum |
IIM Nagpur Placements
Let’s discuss the average, median and highest salary packages for IIM Nagpur placements, shared below:
| IIM Nagpur Average Placement Package | IIM Nagpur Fees Structure | IIM Nagpur Highest Package |
| 18.07 Lakh Per Annum | 21.5 Lakhs | 69.57 Lakh Per Annum |
IIM Raipur Placements
Have a look at the average, median and highest salary package for IIM Raipur placements tabulated below:
| IIM Raipur Average Placement Package | IIM Raipur Fees Structure | IIM Raipur Highest Package |
| 18.15 Lakh Per Annum | 18 Lakhs | 42.29 Lakh Per Annum |
IIM Ranchi Placements
Let’s discuss the average, median and highest salary packages for IIM Ranchi placements shared below:
| IIM Ranchi Average Placement Package | IIM Ranchi Fees Structure | IIM Ranchi Highest Package |
| 19.29 Lakh Per Annum | 19.20 Lakhs | 50.39 Lakh Per Annum |
IIM Rohtak Placements
Have a look at the average, median and highest salary package for IIM Rohtak placements tabulated below:
| IIM Rohtak Average Placement Package | IIM Rohtak Fees Structure | IIM Rohtak Highest Package |
| 18.73 Lakh Per Annum | 17.90 Lakhs | 36 Lakh Per Annum |
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IIM Sambalpur Placements
Let’s discuss the average, median and highest salary packages for IIM Sambalpur placements shared below:
| IIM Sambalpur Average Placement Package | IIM Sambalpur Fees Structure | IIM Sambalpur Highest Package |
| 15.65 Lakh Per Annum | 21 Lakhs | 48.60 Lakh Per Annum |
IIM Shillong Placements
Have a look at the average, median and highest salary package for IIM Shillong placements tabulated below:
| IIM Shillong Average Placement Package | IIM Shillong Fees Structure | IIM Shillong Highest Package |
| 26.44 Lakh Per Annum | 26.18 Lakhs | 71.50 Lakh Per Annum |
IIM Sirmaur Placements
Let’s discuss the average, median and highest salary packages for IIM Sirmaur placements, shared below:
| IIM Sirmaur Average Placement Package | IIM Sirmaur Fees Structure | IIM Sirmaur Highest Package |
| 13.30 Lakh Per Annum | 20 Lakhs | – |
Detailed Table for Average Package of IIMs.
| IIM | Average Package (LPA) |
| IIM Ahmedabad | 35.50 LPA |
| IIM Bangalore | 26.30 LPA |
| IIM Calcutta | 34.23 LPA |
| IIM Lucknow | 32.3 LPA |
| IIM Kozhikode | 28.05 LPA |
| IIM Indore | 29.57 LPA |
| IIM Mumbai | 33.84 LPA (Top 50% batch) |
| IIM Shillong | 26.44 LPA |
| IIM Raipur | 18.15 LPA |
| IIM Trichy | 19.43 LPA |
| IIM Udaipur | 18.77 LPA |
| IIM Ranchi | 19.29 LPA |
| IIM Rohtak | 18.73 LPA |
| IIM Visakhapatnam | 16.40 LPA |
| IIM Amritsar | 19.73 LPA (Top 25% batch) |
| IIM Jammu | 15.48 LPA |
| IIM Sambalpur | 15.65 LPA |
| IIM Sirmaur | 13.30 LPA |
| IIM Bodhgaya | 13 LPA |
| IIM Kashipur | 15.04 LPA |
| IIM Nagpur | 18.07 LPA |
IIM Placements Process
The IIM Placement Process has three types of placements:
1. Summer Placements
The summer placements are planned so that companies can hire students for internships in April and May. Additionally, this creates a platform for receiving pre-placement offers (PPOs). The summer placements take place over the course of four to five days in March. A complex set of guidelines for both recruiters and students govern this procedure.
2. Lateral Placements
IIMs hold lateral placements, which are open to two-year MBA/PGP students with work experience of certain months depending on the colleges (e.g., 10 months at IIM Calcutta). It takes place a few months before the final placements.
3. Final Placements
With a few minor exceptions here and there, the final IIM placements, which occurred in February or March, is essentially the same. IIM Ahmedabad, for instance, uses a cohort-based method rather than a day-based system. Recruiters can evaluate individuals in groups based on niche or skill using the cohort-based system over a longer period of time.
What Makes IIM Placements So Popular Among MBA Aspirants?
IIM Placements are one of the most important outcomes that every management aspirant in India wants. The Indian Institutes of Management (IIMs) are not just educational institutions but they are powerful doors to provide exciting career opportunities to the MBA students across industries. Each year, there are many top recruiters from different fields like consulting, finance, technology, marketing, FMCG and even startups visit various IIMs campuses to offer higher paying roles and amazing opportunities to the graduates.
There are 5 major points that shows what makes IIM placements so popular among MBA aspirants.
- Top recruiters from diverse sectors
- High average salary packages
- Global placement opportunities
- Structured placement process
- Strong alumni networks and great industrial connections.
IIM Placements 2023 : Average CTC & Highest CTC
The average and highest CTCs at IIMs in India have shown a rising trend in the IIM placements 2023 despite the pandemic and the recent market trends. Given below is a list of average and highest CTCs offered of all the 20 IIMs as per the IIM placements 2023.
IIM Placements 2023 : Highest International CTC Offered
Given below is a list of the highest International CTC offered at some of the IIMs.
Also Read : IIM Fees Vs. Placement
IIM Ahmedabad Placement
IIM Ahmedabad is yet to release their placement report for the year 2023. The placement statistics for IIM Ahmedabad for the year 2022 is given below
- The IIM Ahmedabad average package stood at 32.8 LPA.
- The IIM Ahmedabad highest package stood at 61.49 LPA.
- The IIM Ahmedabad highest international package stood at 1.15 CPA.
IIM Bangalore Placement
IIM Bangalore witnessed 100% placement for the batch of 2021-23. The Top recruiters for IIM B Placements were : BCG, Bain & Co., Accenture Strategy, TCS, McKinsey & Co., American Express, EY, Cogoport, Microsoft, PwC among others. The highest recruiting domains were Management Consulting (40%) followed by IT/Product Management (14%), General Management (13%), Sales & Marketing (11%) and others.
- The IIM Bangalore average package stood at 35.31 LPA.
- The IIM Bangalore median package stood at 33 LPA.
- The IIM Bangalore highest package stood at 80 LPA.
IIM Calcutta Placement
The IIM Calcutta (king of placements) IIM placement 2023 for their 58th batch achieved 100% placement with a total of 573 offers made by 190 companies. The top recruiting domain was Consulting (40.5%) followed by Product & Analytics (18.2%), Finance (15%), General Management (14.2%) and others.
- The IIM Calcutta average package stood at 35.07 LPA.
- The IIM Calcutta median package stood at 33.67 LPA.
- The IIM Calcutta highest package stood at 1.15 CPA.
- The IIM Calcutta highest international package stood at 94.82 LPA.
IIM Kozhikode Placement 2023
The IIM Kozhikode Placement 2023 was successfully concluded for the PGP, PGP Liberal Studies & Management and PGP Finance. The highest recruiting domain was Consulting (33%) followedby Finance (26%), General Management (14%), IT Analytics (11%), Sales & Marketing (10%) and Operations (6%).
- The IIM Kozhikode average package stood at 31.02 LPA.
- The IIM Kozhikode median package stood at 27 LPA.
- The IIM Kozhikode highest package stood at 67.02 LPA.
Trends in IIM Placements Over the Years
| IIMs | 2021 Avg (LPA) | 2022 Avg (LPA) | 2023 Avg (LPA) | 2024 Avg (LPA) | 2025 Avg (LPA) |
| IIM Ahmedabad | 27.5 | 32.8 | 34.4 | – | 35.50 |
| IIM Bangalore | 28.9 | 33.8 | 35.3 | 35.9 | 26.30 |
| IIM Calcutta | 29 | 34.2 | 35.1 | 35.1 | 34.23 |
| IIM Lucknow | 31 | 32.2 | 32.2 | 32.2 | 32.30 |
| IIM Kozhikode | 29.5 | 31 | 31 | 31 | 28.05 |
| IIM Indore | 25 | 30.2 | 30.2 | 25.7 | 29.57 |
NIRF Ranking 2025: Top IIM Colleges
| Name | City | State | Score | Rank |
| Indian Institute of Management Ahmedabad | Ahmedabad | Gujarat | 83.29 | 1 |
| Indian Institute of Management Bangalore | Bengaluru | Karnataka | 81.56 | 2 |
| Indian Institute of Management Kozhikode | Kozhikode | Kerala | 79.85 | 3 |
| Indian Institute of Technology Delhi | New Delhi | Delhi | 78.94 | 4 |
| Indian Institute of Management Lucknow | Lucknow | Uttar Pradesh | 77.97 | 5 |
| Indian Institute of Management, Mumbai | Mumbai | Maharashtra | 77.58 | 6 |
| Indian Institute of Management Calcutta | Kolkata | West Bengal | 77.34 | 7 |
| Indian Institute of Management Indore | Indore | Madhya Pradesh | 75.68 | 8 |
People also ask about IIM Placements
IIM Ahmedabad consistently leads in terms of the highest placement statistics among the Indian Institutes of Management (IIMs). Known for its strong industry connections and alumni network, IIM Ahmedabad often reports the highest percentage of students placed at the end of the placement process.
Many IIMs report near 100% placement, but IIM Kozhikode and IIM Lucknow are known for achieving 100% placement for their MBA programs in recent years. This means that every student who participated in the placement process was offered a job.
IIM Ahmedabad frequently tops the charts for the highest average and highest salary packages offered to its graduates. The institute’s prestigious reputation, extensive alumni network, and strong industry ties contribute to its high salary packages.
The salary of a fresher from an IIM can vary based on the institute, industry, and job role. However, on average:
IIM Ahmedabad: Offers an average salary around Rs. 30-35 lakhs per annum.
IIM Bangalore: Reports average salaries in a similar range, approximately Rs. 30-32 lakhs per annum.
IIM Calcutta: Typically offers average salaries between Rs. 28-30 lakhs per annum.
These figures are averages and can fluctuate based on the economic climate and specific job offers.
The Indian Institute of Management (IIM) that secured the highest package was IIM Ahmedabad. This institution has consistently been a top choice for employers, thanks to its rigorous academic curriculum, strong alumni network, and deep industry connections. In 2023, the highest package offered at IIM Ahmedabad was an impressive INR 1.46 crore per annum. This record-breaking offer came from a leading firm in the finance sector, highlighting the institute’s strength in producing top talent for high-stakes roles in industries like investment banking, private equity, and consulting.
The strong performance of IIM Calcutta reflects its students’ ability to excel in high-demand fields, making it a sought-after destination for both national and international recruiters. With its cutting-edge pedagogy and focus on holistic development, IIM Calcutta continues to set benchmarks in terms of placement records.
When it comes to achieving 100% placement, IIM Ahmedabad and IIM Bangalore stand out in 2024. These institutions are renowned not just for their academic excellence but also for their exceptional placement records. Despite a challenging economic environment, both IIM Ahmedabad and IIM Bangalore successfully placed all their students, maintaining their reputation as premier management institutions.
These institutes have consistently attracted top companies across various sectors, including consulting, finance, technology, and FMCG. Their ability to secure 100% placement is a testament to their robust placement processes, strong corporate relations, and the quality of education provided.
The consulting sector comprises IIM placements across all campuses, followed by finance, technology, and FMCG. Companies like BCG, McKinsey, and Bain are frequent recruiters.
Yes there are some top IIMs like IIM Ahmedabad and IIM Calcutta offers you the international placements.
The NIRF ranking 2025 for Indian Institute of Management Kozhikode is 3rd.
The average placement package of IIM Ahmedabad is 35.50 LPA.
The average placement package of IIM Bangalore is 26.30 LPA
