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IIM Placements 2023

IIMs are one of the most prestigious B-schools in the nation offering the most lucrative salary packages. The IIM Placements 2023 for all the 20 IIMs of the country is provided down below.

Every year, IIM conducts 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. While the average CTC of the new IIMs lie between INR 10 and 20 LPA, the average CTC for the top IIMs is from INR 20 to 25 LPA. At the top IIMs, A, B, and C, the highest salary offers ranged from INR 70 lakh to INR 1 crore as CTC. Typical international compensation packages start at INR 60 lakh.

Due to the COVID-19 pandemic, the final placements processes at all campuses were kept online just like they were previous year. Final placements were conducted with a lot of enthusiasm and received positive feedback from recruiters despite the virus and the weak economy.

The COVID-19 scenario did not have a significant impact on the IIM placements 2023. As in previous years, top employers visited the IIM campuses to hire management graduates for a variety of job roles, including 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, and WIPRO. The IIMs have released their detailed 2023 placements reports. See the information on IIM placements below.

The PGP/MBA graduates are offered a variety of managerial positions in many industries and fields. The majority of offers are made for managerial and consultant designations. You can discover all the details on IIM placements 2023 for all 20 campuses, including IIM BLACKI in this post.

IIM Placement Process 2023

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.

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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 occured 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.