Average Package of IIM – Average CTC Over the Years Revealed, Salary Trends and Top Recruiters

0
893

Average Package of IIM: The Indian Institutes of Management (IIMs) are prestigious business schools offering excellent management programs and hold strong placement records. Every year, IIM graduates secure the best job offers both domestically and internationally.  One of the important factors during the placement is the average package of IIM. It indicates the institute’s reputation and the success rate of its graduates. The IIM average package implies the mean salary that students are offered when they get placed after graduation. The average package of IIM typically ranges between INR 15 LPA and INR 35 LPA, depending on the tier of the institute, industry connections, and student profiles.

Join this free whatsapp group to get the latest information about CAT exam along with the strategies by CAT experts

Average Package of IIM

The average package of IIM for management programs (MBA/PGDM/PGP) varies every year. It is influenced by various factors, including market trends, graduate expertise, and available opportunities across different domains. Students seeking admission to IIM must review its placement records, as these reflect its overall reputation, industry linkages, and other crucial factors. Some of the top recruiters participating in IIM placements are Adani, Adobe, Amazon, Airtel, Accenture, BMW, PwC, Tech Mahindra, ICICI Bank, Cognizant, etc. In this article, we have compiled the IIM average package offered during the placement over the past years for the candidate’s reference.

Average Package of IIM Ahmedabad

IIM Ahmedabad offers courses like PGP, PGP-FABM, ePGD-ABA (ePost Graduate Diploma in Advanced Business Analytics) in management. Let’s have a look at the average package of IIM over the past years:

YearIIM Average Package
2023INR 34.45 LPA
2022INR 32.79 LPA
2021INR 27.54 LPA

Average Package of IIM Amritsar

IIM Amritsar offers programs like MBA, MBA-Business Analytics, MBA-HIIM Ahmedabad offers courses like PGP, PGP-FABM, ePGD-ABA (ePost Graduate Diploma in Advanced Business Analytics) in management. Let’s have a look at the average package of IIM over the past years:

RM, EMBA, M.Sc. in Data Science (MSDSM) jointly offered with IIT Ropar in management. Let’s have a look at the average package of IIM over the past years:

YearIIM Average Package
2024INR 19.73 LPA (Top Quartile)
2023INR 16.51 LPA
2022INR 14.63 LPA
2021INR 12.68 LPA
2020INR 12.61 LPA
2019INR 12.2 LPA
2018INR 11.93 LPA
2017INR 10.26 LPA

Average Package of IIM Bangalore

IIM Bangalore offer courses like PGP, PGPEM, and PGPBA in management. Let’s have a look at the average package of IIM over the past years:

YearIIM Average Package
2024INR 35.92 LPA
2023INR 35.31 LPA
2022INR 33.82 LPA
2021INR 28.98 LPA
2020INR 26.18 LPA

Average Package of IIM Bodh Gaya

IIM Bodh Gaya offer courses like MBA, MBA (Digital Business Management), MBA (Hospital and Healthcare Management) in management.  Let’s have a look at the average package of the institute over the past years:

YearIIM Average Package
2024INR 13.73 LPA
2023INR 14.96 LPA
2022INR 12.01 LPA
2021INR 10.00 LPA
2020INR 9.569 LPA
2019INR 10.9 LPA

Average Package of IIM Calcutta

IIM Calcutta offer courses like the MBA in management program. Let’s have a look at the average package of IIM over the past years:

YearIIM Average Package
2023INR 35.07 LPA
2022INR 34.20 LPA
2021INR  2,928,138.00
2020INR 27.8 LPA

Average Package of IIM Indore

IIM Indore offer courses like PGP, PGP-HRM, MSDSM (Master of Science in Data Science and Management) in management. Let’s have a look at the average package of IIM over the past years:

YearIIM Average Package
2024INR 25.68 LPA
2023INR 30.21 LPA
2022INR 25.01 LPA
2021INR 23.6 LPА
2020INR 22.92 LPA

Also Read – Top 10 IIM

Average Package of IIM Jammu

IIM Jammu offer courses like MBA, MBA (Hospital Administration & Healthcare Management), and Executive MBA in management. Let’s have a look at the average package of IIM over the past years:

YearIIM Average Package
2025INR 10,64,000
2024INR 15.48 LPA
2023INR 16.43 LPA
2022INR 13,78,000
2021INR 10,34,032
2020INR 10,64,622

Average Package of IIM Kashipur

IIM Kashipur offer courses like MBA, MBA (Analytics), EMBA, EMBAA (Executive Master of Business Administration Analytics) in management. Let’s have a look at the average package of this IIM over the past years:

YearIIM Average Package
2024INR 15.04 LPA
2023INR 18.1 LPA
2022INR 15.21 LPA
2021INR 14.05 LPA
2020INR 13.82 LPA

Average Package of IIM Kozhikode

IIM Kozhikode offer courses like PGP, PGP-BL, PGP-F, PGP-LSM, EPGP-IL, EPGP Kochi in management. Let’s have a look at the average package of IIM over the past years:

YearIIM Average Package
2024INR 28.05 LPA
2023INR 31.02 LPA
2022INR 29.5 LPA
2021INR 22.53 LPA
2020INR 23.08 LPA

Also Read – IIM Fees for MBA 2 Years

Average Package of IIM Lucknow

IIM Lucknow offer courses like MBA, MBA-ABM, MBA-SM, and PGPWE in management. Let’s have a look at the average package of IIM over the past years:

YearIIM Average Package
2024INR 30 LPA
2023INR 32.23 LPA
2022INR 31.03 LPA
2021INR 26 LPA
2020INR 24.25 LPA

Average Package of IIM Mumbai

IIM Mumbai offers MBA, MBA (Operations and Supply Chain Management), and MBA (Sustainability Management) in management. Let’s have a look at the average package of IIM over the past years:

YearIIM Average Package
2024INR 47.29 LPA (Top 10% of the batch)
2022INR 25.4 LPA

Average Package of IIM Nagpur

IIM Nagpur offers courses like MBA and E-MBA in management. Let’s have a look at the average package of IIM over the past years:

YearIIM Average Package
2024INR 16,29,241
2023INR 16.74 LPA
2022INR 14,69,000
2021INR 13,22,339

Average Package of IIM Raipur

IIM Raipur offer courses like MBA in management. Let’s have a look at the average package of IIM over the past years:

YearIIM Average Package
2024INR 18.15 LPA
2023INR 21.04 LPA
2022INR 17.73 LPA
2021INR 20.61 LPA
2020INR 15.20 LPA

Average Package of IIM Ranchi

IIM Ranchi offer courses like MBA, MBA-HRM, and MBA (Business Analytics) in management. Let’s have a look at the average package of IIM over the past years:

YearIIM Average Package
2024INR 19.24 LPA
2023INR 18.69 LPA
2022INR 17.3 LPA

Average Package of IIM Rohtak

IIM Rohtak offer courses like PGP, EPGDSM, and PGPx in management. Let’s have a look at the average package of IIM over the past years:

YearIIM Average Package
2025INR 18.73 LPA
2024INR 19.27 LPA
2023INR 18.73 LPA
2022INR 16.06 LPA
2021INR 13.74 LPA

Join the Largest CAT Preparation Community in India

Average Package of IIM Sambalpur

IIM Sambalpur offer courses like MBA, Executive MBA, and MBA for Working Professionals. Let’s have a look at the average package of IIM over the past years:

YearIIM Average Package
2024INR 14,21,442
2023INR 16,63,650
2022INR 13.20 LPA
2021INR 11,21,666
2020INR 10,86,822

Average Package of IIM Shillong

IIM Shillong offers courses like PGP, PGPEX, and PGP (WE) in management. Let’s have a look at the average package of IIM over the past years:

YearIIM Average Package
2024INR 26.10 LPA
2023INR 26.96 LPA
2022INR 23.10 LPA

Average Package of IIM Sirmaur

IIM Sirmaur offer courses like MBA, MBA (Tourism Management), MBA (Travel, Tourism and Hospitality), ExMBA, ExMBA (Digital Transformation & Analytics), and MBA (Family Business). Let’s have a look at the average package of IIM over the past years:

YearIIM Average Package
2024INR 13.93 LPA
2023INR 14.45 LPA
2022INR 12.74 LPA
2021INR 9.6 LPA

Average Package of IIM Tiruchirappalli

IIM Tiruchirappalli offer courses like PGPM (MBA), PGPM-HR (MBA-HR), and PGPBM (MBA for Working Executives in Chennai) in management. Let’s have a look at the average package of IIM over the past years:

YearIIM Average Package
2024INR 19.43 LPA
2023INR 20.55 LPA
2022INR 17.01 LPA
2021INR 14.85 LPA

Average Package of IIM Udaipur

IIM Udaipur offer courses like MBA, MBA- DEM (Digital Enterprise Management), MBAGSCM (Global Supply Chain Management), and Executive MBA (Online). Let’s have a look at the average package of IIM over the past years:

YearIIM Average Package
2024Rs 18.77 lakhs per annum
2023Rs 20.09 lakhs per annum
2022Rs 17.82 lakhs per annum
2021Rs 13.42 lakhs per annum

Average Package of IIM Visakhapatnam

IIM Visakhapatnam offer courses like PGP, EMBA, and PGPMCI in management. Let’s have a look at the average package of IIM over the past years:

YearIIM Average Package
2024INR 15.61 LPA
2023INR 16.61 LPA
2022INR 15.06 LPA
2021INR 12.62 LPA
2020INR 13.08 LPA

Also Read – Cost of MBA from IIM

IIM Placement- Top Recruiters

The top recruiter during the IIM placements offers roles across various sectors such as Consulting, Finance, General Management, HR and Operations, IT/Analytics and Product Management, and Sales & Marketing. Here is the list of a few top recruiters participating in the IIM placement season:

  • Adani
  • Adobe
  • Amazon
  • Airtel
  • Accenture
  • BMW
  • PwC
  • Tech Mahindra
  • ICICI Bank
  • Cipla
  • Cognizant
  • CRISIL
  • Deloitte
  • EY
  • TATA Power
  • Kotak Mahindra Bank
  • KPMG
  • Infosys
  • Samsung
  • Cognizant, etc

Enroll for iQuanta CAT Course

Average Package of IIM- FAQs

What is the average package of IIM?

The average package of IIM typically ranges between INR 15 LPA and INR 35 LPA, depending on the tier of the institute, industry connections, and student profiles.

Who are the top recruiters for IIM placement?

Some of the top recruiters participating in IIM placements are Adani, Adobe, Amazon, Airtel, Accenture, BMW, PwC, Tech Mahindra, etc.