
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.
Also Read:
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 LPA | 49 LPA |
IIM Rohtak | 18.73 LPA | 71.30 LPA |
IIM Udaipur | 21.29 LPA | 32.21 LPA |
IIM Vishakhapatnam | 16.61 LPA | 32.65 LPA |
IIM Nagpur | 16.74 LPA | 64.00 LPA |
IIM Bodh Gaya | 15.92 LPA | 30.50 LPA |
IIM Jammu | 16.50 LPA | 64 LPA |
IIM Amritsar | 16.51 LPA | 36.25 LPA |
IIM Sambalpur | 16.63 LPA | 64.61 LPA |
IIM Sirmaur | 14.45 LPA | 64.12 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
| Average Salary Package | Highest Salary Package |
---|---|---|---|
IIM Ahmedabad | 23 | INR 34.45 LPA | INR 1.46 CPA |
IIM Calcutta | 27 | INR 35.07 LPA | INR 1.15 CPA |
IIM Bangalore | 23 | INR 35.30 LPA | INR 1.15 CPA |
IIM Rohtak | 16.65 | INR 13.74 LPA | INR 22.80 LPA |
IIM Ranchi | 15.30 | INR 35.50 LPA | INR 67.00 LPA |
14.16 | INR 30.00 LPA | INR 65 LPA | |
IIM Indore | 16.10 | INR 30.21 LPA | INR 1.14 CPA |
IIM Kozhikode | 19 | INR 31.02 LPA | INR 67.02 LPA |
IIM Trichy | 16.50 | INR 20.55 LPA | INR 41.61 LPA |
IIM Shillong | 14.60 | INR 26.96 LPA | INR 71.30 LPA |
16.10 | INR 21.04 LPA | INR 43.43 LPA | |
21 | INR 25.40 LPA | INR 49 LPA | |
19 | INR 21.29 LPA | INR 32.21 LPA | |
17.58 | INR 16.61 LPA | INR 32.65 LPA | |
17.30 | INR 18.10 LPA | INR 37.00 LPA | |
18 | INR 16.74 LPA | INR 64.00 LPA | |
15.50 | INR 15.92 LPA | INR 30.50 LPA | |
20.73 | INR 16.50 LPA | INR 64 LPA | |
16 | INR 16.51 LPA | INR 36.25 LPA | |
21 | INR 16.63 LPA | INR 64.61 LPA | |
17.5 | INR 14.45 LPA | INR 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.
Related Links:
List of Courses in IIMs in 2025 | |
Total Seats in IIMs in 2025 | What is the Lowest Salary Package offered at IIMs? |
If you have any queries regarding admissions and entrance exams, you can post your questions in the Q&A Section . For admission-related assistance, fill out our Common Application Form . Stay tuned with us for more updates related to MBA colleges and admission in India.
Are you feeling lost and unsure about what career path to take after completing 12th standard?
Say goodbye to confusion and hello to a bright future!
FAQs
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.
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.
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.
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.
Was this article helpful?




Similar Articles
What is a Good Score in MAH MBA CET 2025?
MAH MBA CET 2025 Predicted Question Papers: Important Questions, Chapters and Analysis
MAH MBA CET 2025 Important Topics: Subject-Wise Weightage
Top Colleges Accepting MAH MBA CET Scores 2025
Top Colleges Accepting 80-90 Percentile in MAH MBA CET 2025
MAH MBA CET Cutoff 2025 for JBIMS: Check Category-wise Expected and Previous Year Cutoff