IIM Placements 2023
IIM Placements 2023 – Over 5000 students graduated from 20 IIMs across India. In the official data for IIM 2023 placements, the average salary was Rs 12 lakh, and the highest was Rs 58 lakh. IIMs are among the best management schools, making high placement expectations for IIM students in 2023 completely justified. In this blog we shared complete details about the IIM Placement 2023.
IIM Placements 2023 – IIM MBA Placement 2023
Here’s the process for management students to secure promising MBA placements from their respective IIMs.
- CAT Exam: First, students need to take the Common Admission Test (CAT).
- CAT Percentile: Based on their CAT exam scores, they should apply to the IIMs that match their CAT score or are on their list of preferred IIMs.
- MBA/PGP Program: After completing two years of their MBA/PGP program, students become eligible for the IIM placement process.
- Placement Choice: During the IIM placement drive, students can select the job field they are interested in and secure a good placement.
IIM Placements 2023 – Ahmedabad Placement 2023
In the last year’s placement report for IIM Ahmedabad, the highest salary offered to a student was Rs 61.49 lakhs per year in India, while the highest international salary was $140,599. On average, students received Rs 32.8 lakhs per year domestically and $108,405 internationally.
| Batch | PGP 2023 |
|---|---|
| Number of Recruiters | 188 |
Highest package of IIM Ahmedabad | Rs 61.49 LPA |
| Average domestic salary offered | Rs 32.8 LPA |
| Number of Offers | 280 |
| Number of International Offers | 8 |
| Major Cohort | Consulting |
| Top Recruiter | Mckinsey & Co. |
IIM Placements 2023 – Lucknow Placement 2023
IIM Lucknow has achieved a 100% placement rate for its PGP batch, securing 632 offers. The placement process saw 71.3% male and 28.7% female candidates, with the highest monthly salary offered being Rs. 1 crore.
| Particulars | Placements Statistics (2021-23) |
| Number of Recruiters | 200+ |
| Number of Offers | 632 |
| Number of Students | 556 |
| Highest Package (International) | Rs 65 LPA |
| Highest Package (Domestic) | Rs 1 CPA |
| Average Package | Rs 32.23 LPA |
| Median Package | Rs 30 LPA |
| Top 10% Average Salary | Rs 49.3 LPA |
| Top 25% Average Salary | Rs 44.3 LPA |
| Top 50% Average Salary | Rs 40.5 LPA |
| Top Recruiters | Barclays, Accenture, BCG, Deloitte, Amazon, Jio, Capgemini, KPMG |
IIM Placements 2023 – Indore Placement 2023
In 2023, IIM Indore achieved a 100% placement rate for its PGP and IPM batches, consisting of 568 students. The highest annual salary rose by 132% to Rs. 1.14 crore, and the average salary increased by 21% to Rs. 30.21 lakh. A total of 568 students, including those in the 2-year PGP and 5-year IPM programs, received job offers from 160 prominent recruiters in various fields, with consulting being the top recruiting domain, accounting for 29% of offers.
| Particulars | 2023 |
| Highest CTC (Domestic) | Rs 1.14 Cr PA |
| Median CTC | Rs 27.2 LPA |
| Average CTC | Rs 30.21 LPA |
| Average CTC of top 100 students | Rs 52.06 LPA |
| Offers bagged in top-placed sector | 29% (Consulting) |
| Companies visited | 160 |
| Top recruiters | Amazon, BCG, Cipla, |
IIM Placements 2023 – Calcutta Placement 2023
In the previous year, IIM Calcutta’s 58th batch achieved a 100% placement rate, with 190 recruiters providing a total of 570 job offers during the placement process.
| Particulars | MBA Placement Statistics (2022) | MBA Placement Statistics (2023) |
| Batch size | 465 | 465 |
| Offers made | 631 | 573 |
| Placement rate | 100% | 100% |
| Companies visited | 190+ | 190 |
| New recruiters | NA | 39 |
| Highest international package | NA | Rs 94.82 LPA |
| Highest domestic package | NA | Rs 1.15 crore per annum |
| Average package | Rs 34.20 LPA | Rs 35.07 LPA |
| Median package | Rs 31.00 LPA | Rs 33.67 LPA |
IIM Placements 2023 – Visakhapatnam Placement 2023
IIM Visakhapatnam’s 2023 placements concluded successfully with a 100% placement rate. The average salary increased by 10.29% to Rs 16.61 lakh per year, and the highest salary reached Rs 32.65 lakh per year. Additionally, 17% of students received multiple job offers. IT & Consulting (33%) and BFSI (26%) sectors made the most offers, with Product, Strategy & Consulting roles (25%) being popular. A total of 141 companies participated, including 95 new recruiters, with Amazon, Asian Paints, Deloitte, Adani Group, and Cognizant among the top recruiters.
| Particulars | PGP Placement Statistics (2023) |
| Highest package | Rs 32.65 LPA |
| Average package | Rs 16.61 LPA |
| Median package | Rs 16.00 LPA |
| Placement rate | 100% |
| Top recruiting sector | IT & Consulting (33% recruiters) |
| No. of companies | 141 |
| New recruiters | 95 |
IIM Placements 2023 – Bodhgaya Placement 2023
IIM Bodhgaya’s 2023 placements just wrapped up with a perfect 100% placement rate. The average salary rose by 33% to Rs 16 lakh per year, while the highest salary more than doubled to Rs 48.58 lakh per year. A total of 70 recruiters took part, including top names like Amazon, BNY Mellon, Deloitte, HCL, Infosys, and ICICI Bank. These recruiters came from different sectors like banking, consulting, fast-moving consumer goods (FMCG), IT services, and analytics.
| Particulars | Placements Statistics 2023 |
| Total No of Students | 200 |
| Number of Recruiters | 70 |
| Highest Package | Rs 48.58 LPA (Up by 50%) |
| Average Package | Rs 16 LPA (Up by 34%) |
| Median Package | Rs 15.25 LPA (Up by 22%) |
| Top 25% Students Average Package | Rs 21.82 LPA |
| Top 50% Students Average Package | Rs 18.79 LPA |
| Top 75% Students Average Package | Rs 17.08 LPA |
| Top Sector | BFSI |
| Top Recruiters | Axis Bank, BNY Mellon, IDBI Bank, SBI Capital |
IIM Placements 2023 – Bangalore Placement 2023
In the 2023 placements for IIM Bangalore’s PGP and PGPBA programs, the average salary was Rs 35.31 lakh per year, and the median was Rs 33.00 lakh per year. They received a total of 606 job offers, including 14 international ones.
| Batch | Placement Statistics (2021-23) | Placement Statistics (2020-22) |
| Number of Companies Participated | 164 | 137+ |
| Students Opted Out | – | 12 |
| Number of Offers | 606 | 662 |
| Number of PPOs Offered | 291 | 273 |
| Number of PPOs Accepted | 209 | 181 |
| Lateral Offers Made | 94 | 180 |
| Number of Lateral Offers Accepted | 82 | 127 |
| Placement Offers in the Final Week | 221 | 209 |
| International Offers | 14 | 6 |
| IIM Bangalore Average Package | Rs 35.31 LPA | Rs 33.8 LPA |
| Median Salary | Rs 33 LPA | Rs 31.2 LPA |
| Major Sector | Management Consulting | Management Consulting |
| Top Recruiters | BCG, Bain & Company, Accenture Strategy | Accenture Strategy, Amazon, Microsoft |
IIM Placements 2023 – Kozhikode Placement 2023
In the 2023 placements at IIM Kozhikode, the highest salary offered was Rs 67.02 lakh per year. For PGP students, the average salary was Rs 31.02 lakh per year, and the median was Rs 27 lakh per year. A total of 123 recruiters, including 36 new ones, participated and made over 500 offers. The consulting industry led the recruitment with 33% of offers, featuring prominent names like Accenture, Deloitte, Tech Mahindra, and Amazon.
| Particulars | Statistics (2023) |
| Highest package | Rs 67.02 LPA |
| Average package | Rs 31.02 LPA |
| Top 5% average package | Rs 62.04 LPA |
| Top 10% average package | Rs 55.2 LPA |
| Median package | Rs 27 LPA |
| Overall recruiters participated | 123 |
| New recruiters | 36 |
| Offers made | 500+ |
| Popular recruiters | Accenture, Deloitte, Tech Mahindra. |
IIM Placements 2023 – Ranchi Placement 2023
In IIM Ranchi’s MBA placements for 2023, the highest domestic salary was Rs 67 lakh per year, and the highest international salary was Rs 35.50 lakh per year. On average, students received Rs 17.30 lakh per year. Impressively, 124 companies came to recruit students, and 76 students secured pre-placement offers (PPOs).
Comparing this to 2022, there were notable improvements:
- The average salary increased by over 7%.
- The number of recruiters visiting the campus grew by more than 61%.
- The median salary for MBA graduates increased by over 6%.
| Particulars | 2022 | 2023 |
| Batch size | 253 | 399 |
| Number of recruiters | 77 | 124 |
| Number of PPOs | NA | 76 |
| Highest domestic package | Rs 32.21 LPA | Rs 35.50 LPA |
| Highest international package | NA | Rs 67.00 LPA |
| Average package | Rs 16.17 LPA | Rs 17.30 LPA |
| Median package | Rs 15.50 LPA | Rs 16.50 LPA |
IIM Placements 2023 – Kashipur Placement 2023
IIM Kashipur has finished its placement process for 2023. The top domestic salary reached Rs 37 lakh per year. About 187 companies participated, offering 340 jobs, of which 319 were accepted. The highest domestic salary for MBA graduates increased by more than 28% compared to the previous year, 2022.
| Particulars | Placements 2023 |
| Number of Recruiters | 187 |
| Number of Offers | 340 |
| Number of Students | 319 |
| Highest Package (International) | $ 39,240 |
| Highest Package (Domestic) | Rs 37 LPA |
| Average Package | Rs 18.1 LPA |
| Median Package | Rs 17.2 LPA |
| Top 10% Average Salary | Rs 28.5 LPA |
| Top 20% Average Salary | Rs 25.9 LPA |
| Top 30% Average Salary | Rs 24.5 LPA |
| Top Recruiters | Amazon, Axis Bank, Capgemini, Cognizant, ICICI Bank, Gartner, E&Y |
IIM Placements 2023 – Sambalpur Placement 2023
In IIM Sambalpur’s MBA placements for 2023, the highest domestic salary was Rs 66.41 lakh per year, and for international candidates, it was Rs 64.15 lakh per year. The average salary was Rs 16.63 lakh per year. Notably, the highest domestic salary in 2023 increased by a remarkable 147% compared to 2022. The average MBA package also saw a substantial 26% increase from the previous year, and the median package went up by more than 29% compared to 2022.
| Particulars | Placement Statistics (2023) |
| Total students | 167 |
| No. of recruiters | 130 |
| Placement rate | 100% |
| Highest package obtained | Rs 64.61 LPA (Domestic)Rs 64.15 LPA (International) |
| Average package | Rs 16.63 LPA |
| Median package | Rs 16.00 LPA |
| Top recruiting domain | Sales & Marketing (27% placement rate) |
| Top recruiting sector | BFSI (30% placement rate) |
IIM Placements 2023 – Nagpur Placement 2023
In IIM Nagpur’s MBA placements for 2023, the highest salary offered was Rs 64 lakh per year, and the average salary was Rs 16.74 lakh per year. The Strategy & Consulting sector hired the most students, accounting for 18% of all placements. Top companies like Microsoft, Accenture, and KPMG recruited from the campus. Moreover, IIM Nagpur saw a 10% increase in the average salary and a 9% increase in the median salary compared to the previous year.
| Particulars | MBA Placement Data 2023 |
| Total students | 236 |
| Highest package | Rs 64.00 LPA |
| Average package | Rs 16.74 LPA |
| Top 50% average package | Rs 18.91 LPA |
| Median package | Rs 16.85 LPA |
| Top recruiting domain | Strategy & Consulting (18% placement) |
| Top recruiting sector | ITES (33.33% placement) |
| First-time recruiters | 19 |
IIM Placements 2023 – Udaipur Placement 2023
IIM Udaipur achieved a 100% placement rate for 2023, with an average salary increase of 14% to Rs 20.3 lakh per year and the highest salary at Rs 36 lakh per year. 302 students secured placements, and prominent recruiters like Accenture Strategy, Amazon, BCG, and BNY participated. In the 2019-2021 summer internship program, 235 offers were made, including 73 from the banking, financial services, and insurance (BFSI) sector.
| Particulars | MBA GSCM Placement Statistics (2023) | MBA DEM Placement Statistics (2023) |
| Highest package | Rs 36.83 LPA | Rs 32.21 LPA |
| Average package | Rs 20.37 LPA | Rs 21.29 LPA |
| Median package | Rs 19.00 LPA | Rs 21.00 LPA |
| Placement rate | 100% | 100% |
| Companies visited | 19 | 21 |
IIM Placements 2023 – Shillong Placement 2023
In IIM Shillong’s 2023 PGP placements, the highest salary was Rs 71.30 lakh per year, and the average was Rs 26.96 lakh per year. They had 85 pre-placement offers (PPOs) and visits from 63 companies. In the previous year, for the PGPEx program, the highest and average salaries were Rs 32.20 lakh per year and Rs 21.71 lakh per year, respectively.
| Particulars | PGP Placements 2023 |
|---|---|
| Highest package | Rs 71.30 LPA |
| Average package | Rs 26.96 LPA |
| Median package | Rs 26.09 LPA |
| No. of recruiters | 63 |
| No. of new recruiters | 26 |
| No. of PPOs | 85 |
IIM Placements 2023 – Jammu Placement 2023
The Indian Institute of Management, Jammu, has shared placement information for the 2021-23 batch. They had 126 companies come for placements in 2023, with the highest salary at Rs 64 lakh per year and an average salary of Rs 16.50 lakh per year.
| Particulars | MBA Placements 2023 |
| Highest package | Rs 64 LPA |
| Average package | Rs 16.50 LPA |
| Median package | Rs 15.25 LPA |
| Total number of offers | 257 |
| Total recruiters visited | 126 |
| Total new recruiters | 59 |
| PPO | 10 |
IIM Placements 2023 – Sirmaur Placement 2023
IIM Sirmaur’s MBA placements for 2023 have concluded. The highest salary offered was Rs 64 lakh per year, a significant increase from the previous year when it was Rs 26.5 lakh per year. Over 100 companies participated, making over 250 job offers, including 16 international offers from multinational corporations.
| Particulars | Placements 2023 |
|---|---|
| Highest package | Rs 64 LPA |
| Total offers | 250+ |
| Companies participated | 100+ |
| Students received international offers | 16 |
IIM Placements 2023 – Trichy Placement 2023
In IIM Trichy’s 2023 placements, nearly all participants found jobs, with 172 companies hiring 246 PGDM students and 29 PGPM-HR students. They received 24 PGPM-HR and 266 PGDM offers, with the highest salary at Rs 41.61 LPA and an average of Rs 20.55 LPA. The median salary increased by 22%, and both the average and median salaries grew by 20%. Moreover, the number of pre-placement offers (PPOs) from summer internships increased by 40%. Key recruiters included Accenture, Amazon, Deloitte, Microsoft, and more.
| Particulars | Placement Statistics (2021-23) |
| Placement Percentage | 99% |
| Batch Size | PGPM: 246, PGP-HR: 29 |
| Total Recruiters | 172 |
| Total Offers | PGPM: 266, PGP-HR: 24 |
| Increase in PPOs | 49% |
| Highest CTC | Rs 41.61 LPA |
| Average CTC | Rs 20.55 LPA |
| Median CTC | Rs 19.50 LPA |
| Major Recruiting Domain | Finance |
| Top Recruiters | Accenture, Amazon, Avalon Consulting, Bain & Co., BNY Mellon, Cognizant, Deloitte, GAIL, HSBC, ICICI, Infosys Consulting, etc. |
IIM Placements 2023 – Raipur Placement 2023
IIM Raipur has released its placement report for the 2021-2023 academic year. They had 107 companies participating in the recruitment process for 249 students. Notably, 32 of these companies were new recruiters. The highest domestic salary offered was Rs 43.43 LPA.
| Particulars | MBA Placement Data (2023) |
| Highest package | International – Rs 67.60 LPADomestic – Rs 43.43 LPA |
| Average package | Rs 21.04 LPA |
| Median package | Rs 20 LPA |
| Batch size | 255 |
| Students registered | 249 |
| Students placed | 249 |
| Placement rate | 100% |
| No. of offers | 287 |
| Companies visited | 107 (32 new recruiters) |
| Top recruiting sector | BFSI (32% placement) |
| Top recruiting domain | Sales & Marketing (29% placement) |
IIM Placements 2023 – Rohtak Placement 2023
IIM Rohtak shared its final placement statistics for 2021-2023. They had 120+ companies visiting for placements. The highest salary offered was Rs 36 LPA, and the top 10% of students had an average package of Rs 34.68 LPA. The median salary was Rs 17.5 LPA. In terms of sectors, BFSI and Finance were the top choices, offering jobs in areas like Wealth Management, Risk Management, Investment Management, and Relationship Management, making up 45% of the placements.
| Particulars | MBA Placement 2023 |
| Average package | Rs 18.73 LPA |
| Top 10% average package | Rs 34.68 LPA |
| Top 25% average package | Rs 27.15 LPA |
| Top 50% average package | Rs 22.64 LPA |
| Highest package | Rs 36 LPA |
| Median package | Rs 17.5 LPA |
| Placement rate | 100% |
| Companies participated | 120+ |
| New companies | 45+ |
| PPOs received | 37+ |
IIM Placements 2023 – Amritsar Placement 2023
IIM Amritsar’s MBA placements for 2023 are done. The median salary was Rs 16 LPA, and the average was Rs 16.51 LPA. Over 120 companies visited the campus, and some well-known first-time recruiters like Godrej & Boyce, McKinsey & Company, and BlackRock participated in the placement drive.
| Particulars | IIM Amritsar Placements 2023 |
| Number of Recruiters | 120+ |
| Number of Offers | – |
| Number of PPOs | 25 |
| Number of Students | 257 |
| Highest Package | Rs 36.25 LPA |
| Average Package | Rs 16.51 LPA |
| Median Package | Rs 16 LPA |
| Top Quartile Average Package | Rs 36.25 LPA |
| Top 50% Average Package | Rs 19.54 LPA |
| Top Domains | Consulting / Strategy |
| Top Recruiters | Accenture, Adani, Deloitte, Cognizant, KPMG, Yes Bank, Infosys, L&T |
IIM Placements 2023 – Frequently Asked Question
Q1. What are the salary packages at IIM Ahmedabad?
Ans. In the previous year’s placement report for IIM Ahmedabad, the highest salary offered was Rs 61.49 LPA, while the average package for domestic roles was Rs 32.8 LPA.
Q2. When does the placement process take place at IIMs?
Ans. Typically, the placement season at IIMs occurs between December and February.
Q3. Which well-known brands participate in the recruitment drive at IIMs?
Leading multinational companies like J.P. Morgan Chase & Co., Apple, Goldman Sachs, Deloitte, KPMG, HSBC, E & Y, and Accenture actively participate in the placement process.
