IIM Salary after 10 Years: Campus-wise Package & Job Roles

The average IIM salary after 10 years for professionals who graduated from any of the IIMs is more than INR 40 LPA, and the highest IIM salary after 10 years is approximately INR 1 CPA or more for all campuses. After attaining 10 years of work experience, a person's compensation becomes more dependent on factors like their job role, industry, skills and type of organization than their education and alma mater, although he latter also affects the same. Since you are qualified for top managerial positions after 10 years in any organization or industry, your salary should be fairly high if you have been working in the same company or industry for 10 years or more after graduation. You should also be aware that by the time you reach this point in your career, the job market and your preferred industry will change significantly, and you might receive even better opportunities and salary packages for the same job roles.

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IIM-wise Salary after 10 Years (Campus-wise)

You must know that the exact IIM salary after 10 years is not officially released by any of the IIMs and all these figures are compiled from various sources. Each IIM provides its most deserving graduates with lucrative employment opportunities after graduation, and where they take their career after graduation is entirely upon them. Check the highest and average salary after 10 years for graduates from each IIM campus:

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IIM Salary After 10 Years (Job Role-wise)

After 10 years, top-level management positions are the best jobs available to professionals who graduated from IIMs and their compensation is solely determined by their career trajectory and the skills they have acquired up to this point. These job profiles are well-known for their lavish compensation packages, which come with a range of bonuses and benefits on top of the high pay. Check the job-wise IIM salary after 10 years mentioned below:

Factors Affecting IIM Salary after 10 Years

Check the major factors that affect a professional's salary after 10 years of graduation from IIM mentioned below:

• Industry and Role: An individual's pay after 10 years is greatly determined by the industry they work in. Professionals who have worked in the same field for 10 years or more are valued individuals in the industry and should expect to be paid accordingly.

• Experience and Expertise: Over the course of a 10-year career, a person develops an impressive skill set that can be applied to improve and grow an organization and its operations. Such a high level of experience is quite rare and that is why such professionals are compensated well in the industry.

• Location: Some professionals are promoted to foreign locations after 10 years of service, or they decide to move because of better opportunities. People tend to relocate in accordance with the demand for professionals with substantial work experience in the labour market and the fact that higher-paying job roles are generally found in countries such as the United States, United Kingdom, Canada, Germany, France, etc.

• Type of Organization: After 10 years, an individual's employer is the second most significant factor influencing their pay. Since highly experienced professionals typically hold top-level management positions, their pay is directly correlated with the kind of organization they work for. You can enjoy a very high compensation package if you work for a multinational corporation or a well-established company, but your pay will be significantly less for a position at a startup or mid-level company.

• Economic Factors: General economic conditions, such as inflation, industry growth, and demand in the job market, will determine salaries. For example, when some sectors grow very fast, salaries for professionals working in that sector, especially for seasoned professionals, will also shoot up rapidly.

• Job Switces/Promotions: An important factor that also boosts the salary package of professionals after 10 years is how many times they were promoted or they switched jobs. Typically, a person receives a significant salary hike when they switch jobs or get promoted. However, switching jobs more than what is deemed normal can also hamper overall career progression. Typically after 10 years, an individual can earn up to four times their salary as a fresher if they had a steady career growth.

The IIM Salary after 10 years for professionals who graduated from IIMs should be a confidence booster if you plan to pursue your higher education from IIMs. Also, you must keep in mind that earning such hefty salary packages is not limited to IIM alumni and you will also be entitled to such lucrative job opportunities after MBA if you work consistently towards growing as a professional. We hope you found this article helpful and informative. Check the links below to learn more!

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