IIM Bangalore Average Package

IIM Bangalore stands as one of India's foremost business schools, renowned for its academic excellence, distinguished faculty, and robust placement opportunities. A key indicator of its prestige and the value it offers to graduates is the average salary package secured by its alumni. Understanding the "IIM Bangalore average package" provides prospective students with insights into the potential return on investment and the career prospects that await them post-graduation.

IIM Bangalore Placement Statistics (2023–24)

Year-wise Average Package Trends

Top Recruiting Sectors

International Offers

IIM Bangalore Recruiters List

IIM Bangalore attracts a diverse array of top-tier recruiters spanning multiple sectors. Key sectors and notable companies include:

• Consulting Firms
• Accenture
• Boston Consulting Group (BCG)
• Deloitte
• Ernst & Young (EY)
• KPMG
• Finance Firms
• JP Morgan Chase London
• Reliance Industries
• Goldman Sachs
• Technology Companies
• Infosys Consulting
• Cognizant
• Other Sectors
• UltraTech Cement
• Tiger Analytics

FAQs on IIM Bangalore Average Package

Q1: What is the average salary package offered to IIM Bangalore graduates?

• The average salary package for IIM Bangalore graduates typically ranges between INR 35 LPA to INR 45 LPA. In 2024, the average package was around INR 35.92 LPA, up from INR 35.31 LPA in 2023.

Q2: Which sectors and companies are involved in IIM Bangalore placements?

• IIM Bangalore placements encompass various sectors and reputable companies, including:

1. Consulting: Accenture, BCG, Deloitte, EY, KPMG
2. Finance: JP Morgan Chase London, Reliance Industries, Goldman Sachs
3. Technology: Infosys Consulting, Cognizant
4. Other Sectors: UltraTech Cement, Tiger Analytics

Q3: What is the fee structure for the MBA program at IIM Bangalore?

• The total fee for the MBA program at IIM Bangalore for the 2025 batch is INR 26,00,000. This includes tuition fees, hostel accommodation, library access, internet services, course materials, as well as caution deposits and mess charges.

Q4: What is the placement rate at IIM Bangalore?

• IIM Bangalore maintains a high placement rate, often close to 100% for its programs. This is a testament to the institute's strong industry connections, effective placement cell, and the high employability of its graduates.

Q5: Which are the top recruiters at IIM Bangalore?

• Top recruiters at IIM Bangalore span multiple sectors, including:

1. Consulting Firms: Accenture, BCG, Deloitte, EY, KPMG
2. Finance Companies: JP Morgan Chase London, Reliance Industries, Goldman Sachs
3. Technology Firms: Infosys Consulting, Cognizant
4. Other Industries: UltraTech Cement, Tiger Analytics

Q6: How does the average package at IIM Bangalore compare to other IIMs?

• IIM Bangalore's average package is competitive and often ranks among the top IIMs. While exact comparisons vary annually, IIM Bangalore consistently showcases strong placement statistics that rival other premier institutes like IIM Ahmedabad and IIM Calcutta.

Q7: What factors influence the average package at IIM Bangalore?

• Several factors influence the average package, including:

1. Academic Performance: Higher academic achievers often secure better packages.
2. Specialization: Fields like consulting and finance tend to offer higher salaries.
3. Industry Demand: Sectors experiencing high growth can drive up salary packages.
4. Work Experience: Candidates with relevant prior experience may negotiate higher salaries.
5. Negotiation Skills: Effective negotiation during the placement process can impact the final package.

Q8: Are there opportunities for international placements at IIM Bangalore?

• Yes, IIM Bangalore facilitates international placements through its global recruitment initiatives. Graduates have opportunities to join multinational companies and subsidiaries abroad, enhancing their global career prospects.