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Being a brand name that attracts some of the largest and well-reputed companies from various domains for recruitment, IIMs are known for their stellar placement record that keeps improving year after year. Check the details of IIM Placements 2022 here.
IIM placements 2022 witnessed the participation of top recruiters offering top job roles to management graduates in India. The highest CTC offered at IIMs in India ranges between INR 70 lakhs to 1 crore whereas, International salary packages are offered at INR 60 lakh or above. The average salary packages offered in the placements of older and well-established IIMs usually fall in the range of Rs. 20 to Rs. 26 lakhs per annum.
The Indian Institutes of Management (IIMs) are the most reputable b-schools that offer an excellent range of courses along with bright placement opportunities post the completion of these management programmes. Being some of the top b-schools in India has elevated the IIMs to the zenith of the business world and also in the eyes of some of the most popular companies that hire managers in India.
The placements of IIMs are usually conducted between December and February every year. Top companies from various domains visit the IIM campus placements and recruit IIM students for leadership roles in their organisations.
The average salary packages of newer IIMs are seen to fall between Rs. 10 - 18 LPA. However, there has been a considerable increase in the highest salary package offered in new IIMs as compared to last year. The average salary package has increased but there has not been a major deviation from last year in any of the IIMs.
IIM Placements 2022 - Highest & Average Salary Packages
Each IIM releases a Final Placement Report at the end of the placement season each year. The placement report contains details regarding the salary packages and various other statistics regarding the placement of the institute. It is a good indicator of how favourable an IIM is in the eyes of the recruiters and is very helpful for a student in deciding the ROI for their course. Check the highest and average salary packages offered in IIM Placements 2022 in the table given below.
IIM | Highest Domestic Package | Average Domestic | Highest International Package | IIM Placements 2022 Detailed Report |
|---|---|---|---|---|
Rs. 55.88 LPA | Rs. 26.13 LPA | Rs. 132 LPA | ||
Rs. 32.1 LPA | Rs. 26.18 LPA | Rs. 132 LPA | ||
- | Rs. 29 LPA | Rs. 87.36 LPA | ||
Rs. 51 LPA | Rs. 26 LPA | Rs. 56 LPA | ||
Rs. 41.5 LPA | Rs. 23.6 LPA | Rs. 56.8 LPA | ||
Rs. 19.2 LPA | Rs. 13.2 LPA | -- | ||
Rs. 40 LPA | Rs. 13.84 LPA | -- | ||
Rs. 25 LPA | Rs. 14.96 LPA | -- | ||
Rs. 45 LPA | Rs. 13.82 LPA | -- | ||
Rs. 46.88 LPA | Rs. 22.53 LPA | -- | ||
Rs. 20 LPA | Rs. 11.2 LPA | -- | ||
Rs. 22.8 LPA | Rs. 13.74 LPA | -- | ||
Rs. 22.8 LPA | Rs. 13.74 LPA | Rs. 59.36 LPA | ||
Rs. 26 LPA | Rs. 11.28 LPA | -- | ||
Rs. 40 LPA | Rs. 12.61 LPA | -- | ||
Rs. 32 LPA | Rs. 19.17 LPA | -- | ||
Rs. 28.12 LPA | Rs. 15.20 LPA | Rs. 46 LPA | ||
Rs. 24.5 LPA | Rs. 10.64 LPA | -- | ||
Rs.18.92 LPA | Rs. 11.61 LPA | -- | ||
Rs. 27 LPA | Rs.13.08 LPA | -- |
Also Read: MBA Colleges in India that Offer the Best Placements
IIM Placement Process 2022
The process for IIM placements 2022 is divided into three main categories- Summer Placements, Lateral Placements, and Final Placements.
| IIM Placements | Timeline | Participation |
|---|---|---|
| IIM Summer Placements | April-May |
|
| IIM Lateral Placements | January- February |
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| IIM Final Placements | February- March |
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If you are looking forward to pursuing an MBA after completing your graduation, IIMs are certainly a group of institutes that you should be targeting in order to ensure good placement opportunities. IIMs selection criteria differ according to the intake, rank of the institute, and the programmes offered, however, CAT is mandatory for admission to all IIMs.
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FAQs
Yes, various IIM students get international job offers with good salary packages in the campus placements of IIMs. In the 2020 placements, the highest international offer was at IIMA was Rs. 1.32 crore per annum followed by an offer at IIM Indore for Rs. 89.25 LPA.
Summer Placements at IIMs are basically paid internship opportunities provided to the first-year students of the PGP/ MBA course of IIMs. Students are recruited for internships by some of the top companies in domains such as E-Commerce, FMCG, Consulting etc.
Yes. While the placement record of new IIMs is not as impressive that that of the older ones, they still have a good record of placements with the average salary package ranging between Rs. 10 to Rs. 18 LPA.
The average salary package offered in IIM Placements is different from each college. In the 2020 placements, the average salary offered at IIMs ranged from around Rs. 10.50 LPA to Rs. 28 LPA.
Yes, IIMs have a reputation for having an excellent placement record. A large number of domestic and international companies recruit IIM students.
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