IIM Salary for Freshers 2025: Check Starting Package for Top IIMs

The IIM salary for freshers ranges anywhere from INR 15 LPA to INR 35 LPA on average. The salary for a fresher from an IIM varies greatly on the campus they graduate from, the PG management course they pursued and also the type of placement they receive through IIMs.

IIM Salary for Freshers on average ranges between INR 15 LPA and INR 35 LPA. However, if you land a top-tier placement, your salary can exceed INR 1 CPA, depending on the sector and organisation that hires you. Several factors influence your pay, including the IIM campus you graduate from, the PG management course you pursue, and the placement opportunities available. It’s important to note that not all IIMs offer the same salary packages—Tier 1 IIMs like IIM Ahmedabad, IIM Calcutta, and IIM Bangalore have a strong track record of providing more lucrative packages compared to the newer and baby IIMs.

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IIM-wise Salary for Freshers 

The Indian Institutes of Management, better known as IIMs, have a history of setting stellar placement records by consistently delivering lucrative job offers to students, including freshers. This table explores the average and highest salaries offered to freshers at various IIMs with key insights into their placement outcomes. Here’s a detailed breakdown:

Name of the Campus

Average Salary (INR)

Highest Salary (INR)

IIM Ahmedabad

34.45 LPA

1.46 Crore

IIM Bangalore

35.30 LPA

1.15 Crore

IIM Calcutta

35.07 LPA

1.15 Crore

IIM Lucknow

30.00 LPA

65.00 LPA

IIM Kozhikode

31.02 LPA

67.02 LPA

IIM Indore

30.21 LPA

1.14 Crore

IIM Shillong

26.96 LPA

71.30 LPA

IIM Ranchi

35.50 LPA

67.00 LPA

IIM Raipur

21.04 LPA

43.43 LPA

IIM Trichy

20.55 LPA

41.61 LPA

IIM Kashipur

18.10 LPA

37.00 LPA

IIM Mumbai

25.40 LPA49 LPA

IIM Rohtak

18.73 LPA71.30 LPA

IIM Udaipur

21.29 LPA32.21 LPA

IIM Vishakhapatnam

16.61 LPA32.65 LPA

IIM Nagpur

16.74 LPA64.00 LPA

IIM Bodh Gaya

15.92 LPA30.50 LPA

IIM Jammu

16.50 LPA64 LPA

IIM Amritsar

16.51 LPA36.25 LPA

IIM Sambalpur

16.63 LPA64.61 LPA

IIM Sirmaur

14.45 LPA64.12 LPA

Also Read:IIM Salary after 5 Years

Top Recruiters at IIMs for Freshers

IIM graduates, including freshers, have always attracted top recruiters across a wide array of industries—a clear testimony to the unmatched value of an IIM education. From consulting and finance to technology and FMCG, recruiters compete for IIM talent in filling pivotal roles. The table below gives an overview of the top companies hiring freshers from IIMs, followed by sector-specific highlights.

Sector

Top Recruiters

Consulting

McKinsey & Company, Boston Consulting Group (BCG), Bain & Company

Finance

Goldman Sachs, JP Morgan Chase, Morgan Stanley, Barclays

Technology

Google, Microsoft, Amazon, Apple

E-commerce

Flipkart, Myntra, Meesho

Conglomerates

Tata Group, Reliance Industries, Adani Group

FMCG

Hindustan Unilever (HUL), Procter & Gamble (P&G), ITC

IIM MBA Return on Investment

One of the most appealing factors of the Indian Institutes of Management is the excellent ROI. Investing in a PG management course from any of the IIMs will yield lucrative results, and you can easily make your investment back in a year or two if you obtain a good placement opportunity. The table below mentions the ROI of top IIMs for reference:

Name of the Campus

Fees
(in INR lakhs)

Average Salary PackageHighest Salary Package
IIM Ahmedabad23INR 34.45 LPA

INR 1.46 CPA

IIM Calcutta27

INR 35.07 LPA

INR 1.15 CPA
IIM Bangalore23

INR 35.30 LPA

INR 1.15 CPA
IIM Rohtak

16.65

INR 13.74 LPAINR 22.80 LPA
IIM Ranchi

15.30

INR 35.50 LPAINR 67.00 LPA

IIM Lucknow

14.16INR 30.00 LPAINR 65 LPA
IIM Indore

16.10

INR 30.21 LPAINR 1.14 CPA
IIM Kozhikode

19

INR 31.02 LPAINR 67.02 LPA
IIM Trichy

16.50

INR 20.55 LPAINR 41.61 LPA
IIM Shillong

14.60

INR 26.96 LPAINR 71.30 LPA

IIM Raipur

16.10

INR 21.04 LPA

INR 43.43 LPA

IIM Mumbai

21INR 25.40 LPAINR 49 LPA

IIM Udaipur

19INR 21.29 LPAINR 32.21 LPA

IIM Vishakhapatnam

17.58INR 16.61 LPAINR 32.65 LPA

IIM Kashipur

17.30

INR 18.10 LPA

INR 37.00 LPA

IIM Nagpur

18INR 16.74 LPAINR 64.00 LPA

IIM Bodh Gaya

15.50INR 15.92 LPAINR 30.50 LPA

IIM Jammu

20.73INR 16.50 LPAINR 64 LPA

IIM Amritsar

16INR 16.51 LPAINR 36.25 LPA

IIM Sambalpur

21INR 16.63 LPAINR 64.61 LPA

IIM Sirmaur

17.5INR 14.45 LPAINR 64.12 LPA

Also Read: IIM Fees vs Salary 2024

Are Freshers Paid Lower at IIMs?

IIMs have always been in the top group of institutions in India offering management education and providing opportunities for freshers and experienced professionals. By and large, freshers at the IIMs do not possess any industry experience, which could affect the compensation they can demand compared to experienced professionals. The difference, however, is not as wide as it is perceived to be. The freshers who join the top IIMs, including IIM Ahmedabad, IIM Bangalore, and IIM Calcutta, are still offered fairly attractive salary packages despite their zero work experience.

For instance, freshers from IIM Ahmedabad, IIM Bangalore, and IIM Calcutta often secure average packages between INR 30 LPA and INR 35 LPA. The highest salaries for freshers in these institutes can go up to INR 1 crore and more, with offers by top firms in consulting, finance, and technology sectors. This, though lower than what candidates with a few years of industry experience behind them may get, is still much higher than the industry standard for freshers in other institutions. The salary for freshers is lower as compared to students with work experience, though there is a major gap between the top IIM compensation packages and others. 

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FAQs

Do IIM freshers earn more than freshers from other colleges?

Yes, IIM freshers typically earn more than their counterparts from other colleges. With an average salary package ranging from INR 30 LPA to INR 35 LPA, IIM freshers receive some of the most lucrative offers in the industry, often surpassing the pay scales of graduates from other institutions.

What is the average salary for freshers at IIMs?

The average salary for freshers at IIMs varies by institute. However, top IIMs like Ahmedabad, Bangalore, and Calcutta offer average salaries ranging from INR 34 LPA to INR 35 LPA. This is a competitive figure, reflecting the high demand for IIM graduates despite having no prior work experience.

Do freshers at IIMs have an advantage over experienced professionals?

While freshers at IIMs may have less industry experience than professionals, their education at IIMs gives them a distinct advantage. The brand value of IIMs and the rigorous academic training give freshers the skills and leadership qualities that top companies seek, helping them secure high-paying roles despite their lack of experience.

Do freshers at IIMs get placement offers from MNCs?

Yes, freshers from IIMs regularly receive placement offers from MNCs. IIM graduates are highly sought after by global firms in consulting, finance, technology, and other industries. These companies offer top-tier roles that come with attractive salary packages and growth opportunities.

How do the salaries of freshers at IIMs compare across different IIMs?

Salaries for freshers at IIMs vary by institute. Top-tier IIMs such as Ahmedabad, Bangalore, and Calcutta offer average salaries ranging from INR 34 LPA to INR 35 LPA, while newer IIMs like Raipur and Kashipur have lower averages of INR 20 LPA to INR 21 LPA. However, all IIMs offer competitive compensation.

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