IIT Kharagpur MBA Placements 2024: Average Package: INR 20.83 LPA & Highest Package: INR 37.07 LPA

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IIT Kharagpur MBA Placements 2024: Average Package: INR 20.83 LPA & Highest Package: INR 37.07 LPA

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Written By Mansi Jain 

IIT Kharagpur MBA placements 2024 is concluded. IIT Kharagpur MBA highest package stood at INR 37.07 LPA whereas IIT Kharagpur MBA average package stood at INR 20.83 LPA. Maximum number of students were placed in the Strategy & Consulting domain (29%) followed by BFSI Domain (22%). During the placement drive of 2024, recruiters came from various sectors. Students received job roles like Analyst, Consultant, Program Manager, Management Trainee etc.

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The final report of the 2025 summer internship placement drive has also been released. According to the report, 137 students registered to participate in the placement drive & all of them received internship opportunities. The highest & average stipend stood at INR 5.35 Lakhs & INR 2.07 Lakhs respectively for a period of 2-months. There was a participation of 45 recruiters during the summer internship placement drive.

Accenture, Titan, Flipkart, PwC, Wipro, Morgan Stanley & many more reputed recruiters participated in the placement drive.

IIT Kharagpur MBA Placements 2024 Report

Particulars Placements Statistics (2022-24) Placements Statistics (2021-23)
Number of Recruiters NA 45
Batch Strength 118 94
Number of Students Placed 118 94
Number of PPOs 46 41
Highest Package INR 37.07 LPA INR 43.37 LPA
Average Package INR 20.83 LPA INR 22.13 LPA
Median Package INR 20.65 LPA INR 21.04 LPA
Top 10%ile Average Package INR 31.62 LPA INR 31.55 LPA
Top 25%ile Average Package INR 27.45 LPA INR 27.78 LPA
Top 50%ile Average Package INR 24.48 LPA INR 24.66 LPA
Lowest Package NA INR 13.60 LPA
Major Sectors Strategy & Consulting Strategy & Consulting
Top Recruiters Accenture, Cognizant, Deloitte, PwC Bloomberg, Accenture, BMW

IIT Kharagpur MBA Placements 2024 Domain - Wise

Sectors Percentage of students Placed
Strategy & Consulting 29%
BFSI 22%
Supply Chain & Operations 20%
Analytics 17%
Sales & Marketing 4%
Others 8%

The below graph shows the domain-wise highlights of IIT Kharagpur MBA Placements 2024:

VGSOM IIT Kharagpur Placements 2024 Domain - Wise

IIT Kharagpur MBA Placements Year - Wise Trends

The below table shows the year-wise trends of IIT Kharagpur MBA Placements:

Particulars 2021-23 2020-22 2019-21 2018-20 2017-19
Highest package INR 43.37 LPA INR 31.89 LPA INR 26.5 LPA INR 29 LPA INR 22.1 LPA
Average package INR 22.13 LPA INR 19.36 LPA INR 18.44 LPA INR 18.1 LPA INR 17.4 LPA
Median package INR 21.04 LPA INR 18.08 LPA INR 17.12 LPA INR 16.5 LPA INR 16.1 LPA

During the 2023 placement drive, the highest package, average package & median package increased as compared to the previous year.

IIT Kharagpur MBA Placements 2024 Top Recruiters

VGSOM IIT Kharagpur Top Recruiters

IIT Kharagpur MBA Placements 2023 Sector Wise Analysis

As per the information collected by Collegedunia, the highest package of INR 43.37 LPA was offered by ServiceNow followed by INR 33 LPA which was offered by ITC. In the placement drive of 2023, a total of 28 companies made placement offers at IIT Kharagpur MBA. The following table represents the sector wise analysis for the batch 2023 at IIT Kharagpur MBA:

Sectors CTC (LPA)
Consulting INR 17 - 29 LPA
BFSI INR 16.5 - 24 LPA
General Management INR 15.5 - 19 LPA
IT  INR 16 - 43.37 LPA
Others INR 14 - 33 LPA

IIT Kharagpur MBA Consulting Sector Placements 2023 

The following table represents the consulting sector placements for the batch 2023 at IIT Kharagpur MBA:

Company CTC (LPA)
Accenture 21
Accenture Strategy 29
Deloitte 18 - 19
EXL 28
Genpact 17
Infosys 21
McKinsey 22
PwC 19 - 21
Wipro 20
ZS 24

IIT Kharagpur MBA BFSI Sector Placements 2023 

The following table represents the BFSI Sector placements for the batch 2023 at IIT Kharagpur MBA:

Company CTC (LPA)
ICICI Bank 16.5
TresVista 19
WellsFargo 24

IIT Kharagpur MBA General Management Sector Placements 2023

The following table represents the general management sector placements for the batch 2023 at IIT Kharagpur MBA:

Company CTC (LPA)
Berger 19
Reliance 15.5

IIT Kharagpur MBA IT Sector Placements 2023

The following table represents the IT Sector placements for the batch 2023 at IIT Kharagpur MBA:

Company CTC (LPA)
Amazon 22
Factspan 16
IBM 22
Mphasis 17
Optum 18
Paytm 19
Servicenow 43.37

IIT Kharagpur MBA Other Sector Placements 2023

The following table represents the Other sector placements for the batch 2023 at IIT Kharagpur MBA:

Company CTC (LPA)
Diageo 23
GSK 25
Indegene 22
ITC 33
Mahindra 14
Titan 17.5

IIT Kharagpur MBA Summer Internship Placements 2025 Report

Particulars Internship Statistics (2023-25) Internship Statistics (2022-24)
Number of Recruiters 45 40
Batch Strength 137 125
Number of Students Registered for Internships 137 125
Number of Students Placed 137 125
Highest Stipend INR 5.35 Lakhs INR 3.40 Lakhs
Average Stipend INR 2.07 Lakhs INR 1.77 Lakhs
Top 10% Average Stipend INR 4.61 Lakhs NA
Top 25% Average Stipend INR 3.49 Lakhs NA
Top 50% Average Stipend INR 3.32 Lakhs NA
Median Stipend INR 2.60 Lakhs INR 1.84 Lakhs
Major Domains Sales & Marketing Strategy & Consulting, Operations
Top Recruiters Accenture, ICICI Bank, Flipkart, BNY Mellon Juspay, Google, Savan

IIT Kharagpur MBA Summer Internship Placements 2025 Domain - Wise

The below table shows the domain-wise internship data for the year 2025:

Domains Placement percentage 
Sales & Marketing 28%
Strategy & Consulting 18%
Operations 18%
Analytics 16%
BFSI 11%
Others 9%

IIT Kharagpur MBA Summer Internship Placements 2025 Top Recruiters

IIT Kharagpur MBA Top Recruiters

IIT Kharagpur MBA Alumni Network

Name of organizations Number of alumni
IIT Kharagpur - Vinod Gupta School of Management 51
PwC India 45
Wipro 38
Accenture 28
Amazon 23
Deloitte 21
ICICI Bank 19
IBM 17
Tiger Analytics 15
Tata Consultancy Services 14
Purvodaya Core Committee - VGSoM, IIT Kharagpur 11
ZS 11
Accenture Strategy & Consulting 10
Cultural Committee, VGSoM, IIT Kharagpur 9
Axtria - Ingenious Insights 9

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IIT Kharagpur MBA Placements FAQs

Ques. How many students participated during IIT Kharagpur MBA Placements 2024?

Ans. 118 students participated during IIT Kharagpur MBA Placements 2024.

Ques. What was the highest package received during IIT Kharagpur MBA Placements 2024?

Ans. IIT Kharagpur MBA highest package stood at INR 37.07 LPA during its 2024 placement drive.

Ques. What was the average package offered during IIT Kharagpur MBA Placements 2024?

Ans. Students received an average package of INR 20.83 LPA during IIT Kharagpur MBA Placements 2024.

Ques. What was the median package offered during IIT Kharagpur MBA Placements 2024?

Ans. The median package stood at INR 20.65 LPA during IIT Kharagpur MBA Placements 2024.

Ques. Which recruiters participated in IIT Kharagpur MBA Placements 2024?

Ans. Reputed recruiters like Accenture, Deloitte, Morgan Stanley, ITC, Wipro, Vedanta etc participated in IIT Kharagpur MBA Placements 2024.

Ques. What was the highest stipend offered during IIT Kharagpur MBA Summer Internship Placements 2025?

Ans. The highest stipend stood at INR 5.35 Lakhs during IIT Kharagpur MBA Summer Internship Placements 2025.

Ques. What was the average stipend offered during IIT Kharagpur MBA Summer Internship Placements 2025?

Ans. Average stipend stood at INR 2.07 Lakhs during IIT Kharagpur MBA Summer Internship Placements 2025.

VGSoM Highest and Average Package

Highest PackageAverage Package
37.07 L
20.83 L
07.4 Lakhs14.8 Lakhs22.2 Lakhs29.7 Lakhs37.1 Lakhs

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Placement Experience:

The placement process starts in the third semester and there are enough offers for the whole batch to get placed with prestigious companies in India. The average package is approx 19l per annum. Other placement details you can get from the placement brochure on the college website.

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Abid Ilahi MBA, General (Enrolled 2022) Reviewed on Jan 24, 2023
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Placement Experience:

The campus placements are good and there's better ROI. After the third sem, the students become eligible for placements. The companies visited and offers made can be found in the placements brochure. All the details of the average package highest package and profiles offered can be viewed from the placements brochure. 100 per cent of students are placed.

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Anonymous MBA, General (Enrolled 2022) Reviewed on Jan 22, 2023
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Placement Experience:

From the third semester, students are eligible for placements. Some of the major recruiters are ICICI bank, Titan, Accenture, Deloitte etc. The offers made were 90+ The highest package is around 32 lakhs and the average is around 19 lakhs. 100% of students got placed. Go for the job.

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Sahil Kumar Jain MBA, General (Enrolled 2022) Reviewed on Jan 19, 2023
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Placement Experience:

After the third start semester student will be eligible for the final placements Companies like ICICI, Flipkart, Amazon, wells Fargo, ITC, etc The highest package is 32 lakhs, Average package is 11 lakh 100% of students get placed I want to work in the corporate world whereas as a manager I can take some decisions for the betterment of the society

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Ayush Mathur MBA, General (Enrolled 2022) Reviewed on Jan 18, 2023
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Placement Experience:

Awesome placement 100% student gets place for final placement after 3rd sem student will be eligible Companies like Tata, Vedanta, PWC, Texas, GSK, RBI, etc visit our campus with 100+ offer Profile offered are product management, supply chain management, BA, FA, consultant, etc I want to do job as a product manager

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Kathar Riddhish Deepak MBA, General (Enrolled 2022) Reviewed on Jan 17, 2023
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Placement Experience:

Summer placement starts from month of August and final placement starts in the month of December and within 10 days all students mostly gets placed Companies like P&G, Diageo, Reckett, Sun pharma, PWC, Tata, vedanta etc and 100+ offers The highest package for the year MBA 22 batch is 32 lakh and It will be more for MBA 23 batch placement brochure is yet to be released. 100% of students get a place here. I want to do a JOB in any FMCG industry and I have a plan for my own company.

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Prashant Kumar Singh MBA, General (Enrolled 2022) Reviewed on Jan 16, 2023
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Placement Experience:

Placements are really awesome and being an old IIT we attract the best recruiters. 70-80 companies visit and make 100+ offers for the students. 100% placement occurs. Highest would be 27 and the average would be 18. It is up to the standards of new IIMs.

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Ritarshi Chakraborty
Ritarshi Chakraborty MBA, Marketing (Enrolled 2020) Reviewed on Dec 28, 2021
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Placement Experience:

100% placements and even minimum package is abovr 9 lpa Average median lowest package are all mentioned in the reportCollege is well known for its IT consulting and operations profiles and faculties, However ample opportunities across various sector's are available

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Debjyoti Das MBA (Enrolled 2020) Reviewed on Jun 11, 2021
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Placement Experience:

Students appear for Final placements at the end of 3rd semester. PwC, EY, Indegene, Oxane partners, protiviti, Arvind Internet, RevFin, Genpact, ICICI Bank, HCL, OSG Analytics, Axtria, Wipro, Amazon, etc were the top companies visiting for placements. Highest package was 25 LPA by Flipkart, and average was around 18 LPA. Profiles offered were mostly in the consulting domain followed by Analytics domain. 100% students appeared were placed, but the lowest placement was around 6.5 LPA, and lower package jobs were sales jobs.

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Roshan Kadbe MBA (Enrolled 2019) Reviewed on May 28, 2021
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Placement Experience:

For a small batch size, ample opportunities come the way of students. Great pay and roles are there to avail if you have the right mindset and commitment. We have been completing 100% placements consistently for the past 4 years and added some big brands like ITC, Amazon, AkzoNobel, Jio Saavn, Dell, RBI, etc.

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Aekansh Srivastava MBA, Marketing (Enrolled 2019) Reviewed on Mar 27, 2021
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VGSoM: 3 Answered Questions

How are the placements at VGSOM, IIT Kharagpur?

Ruhani SharmaStudied at Vinod Gupta School of Management, IIT Kharagpur (Graduated 2015)

VGSOM, a Business School extension of IIT Kharagpur's engineering college, offers 2-year MBA degrees and 3-year post-graduate MBA degree and P.hD curriculums to thousands of deserving students each year.

Keeping up with the campus drive of the last 5 years, the college recorded 100% placements for students of the 2018-2020 batch. More than 130 offers across IT, Manufacturing, BFSI, and E-commerce sectors were received by eligible graduates. The institute is ranked 6th by the prestigious NIRF ranking.

Overall Placement:

  • Over 70 recruiters participated in the campus drive, driving talent from VGSOM.

  • The packages vary from 10 LPA to 30 LPA, each year.

  • Each bath has 128-130 students, with all of them receiving reasonable offers each year.

  • From the 2018-2020 class, the highest package rose up to 29 LPA, with the average being set at 18.1 LPA.

2018-2020 Placement:

The 2018-2020 placement cycle set many records in terms of package offerings and student acceptances.

  • The batch achieved 100% placement in terms of internships and job offers, with the highest stipend being 2.9 LPA, and an average setting up to 1.07 LPA.

  • Over 70 recruiters pooled talent from the class of 2020.

  • Deloitte, Ford, Nissan, Google, PwC, and Amazon count among the top recruiting class.

  • In the academic year of 2018-2020, the placement cell saw an upward trend, with the highest CTC being INR 29 LPA.

  • INR 9.55 LPA was the minimum offer attracted by qualified graduates.

  • The median CTC of the top 25% of the 2020 batch is INR 23.2 LPA.

  • The median CTC of the rest of the class is INR 16.99 LPA.

Sectors

Placement Rate

Leading Recruiters

IT/ITES

11%

Facebook, ITC, Genpact, Infotech, Bloomberg

Consulting

26%

PwC, Ernst, Mckinsey & Co., Deloitte, Axtria

BFSI

12%

HSBC, IDFC Bank, Oxane Partners

Analytics

15%

Accenture, Axtria, Loadshare

Sales & Marketing

17%

Amazon, Arvind, Titan, Texas Instruments, Crompton

Operations

19%

Ford, ITC, Vedanta, Copart, Mahindra

VGSoM runs an extremely sophisticated placement cycle, and positions such as Sales Management, Business Analyst, IT Consulting, Product Management, Financial Advisory, IT Consulting, and Business Advisory are offered in each academic cycle. Considering the handsome Fee to Package ratio, VGSoM is pretty good at placement.

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What is the placement scenario at VGSoM (IIT Kharagpur) when compared with new IIMs like Ranchi, Raipur, Kashipur, Trichy, Udaipur, and Rhotak?

SagardeepStudied Marketing at Indian Institute of Management, Tiruchirappalli, Tamil Nadu, India

In 2022, the VGSOM IIT Kharagpur business school achieved a 100% placement rate for its students. All 97 students who registered for the placement process were successfully placed in jobs. The highest salary package offered during the placement process was 31.98 LPA, while the average package was 19.36 LPA. These strong placement results demonstrate the success of VGSOM IIT Kharagpur in preparing its students for the job market and the value that employers place on its graduates.

Here is an individual's experience at IIT Roorkee, which was one in which he received admission to the institute in 2004 after having eight years of work experience. At that time, the management programs at IITs were relatively new and placements were not as strong as they are now. Despite this, he decided to attend IITR and focus on their studies and enjoying their MBA experience, rather than worrying about job prospects. As a result, he performed well academically and was able to secure an okay job in the IT industry. Through hard work and dedication, he was able to triple his salary within four years and work on projects in various countries. Ultimately, he retired in 2010 to travel and is still doing so seven years later. He believes that both IITs and new IIMs are good options for business education and that it ultimately depends on the individual's goals and priorities. He advises focusing on academics and enjoying the experience, as a job will eventually be obtained.

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Which is better in terms of placement and brand value, JBIMS Mumbai or VGSOM IIT Kharagpur?

Atul Yadav
Ayan GhoshPGDM from Indian Institute of Management Lucknow

Both the colleges are reputed among students and offer decent ROI, a well-connected alumni network, and good placement opportunities.

Let’s have an overview for both the colleges one by one.

JBIMS:

  • The average package offered went up to Rs.22.84 LPA in 2020 from Rs.20.13 LPA last year. The best package increased to Rs.34.36 LPA in 2020 from Rs.32.30 LPA last year. The median salary increased to Rs.22 LPA in 2020 from the previous year.
  • The course fee for JBIMS is 7-1.52 lakhs. 
  • JBIMS accepts admission through CAT/MH-CET.

VGSoM:

  • The average salary rose from Rs.15.50 LPA last year to Rs.23.20 LPA in 2020. The highest pay offered was Rs.20.50 LPA. The median salary increased from Rs.14.76 LPA last year to Rs.16.99 LPA in 2020.
  • VGSoM charges around 10 lakhs for MBA.
  • VGSoM takes admission based on CAT scores.

JBIMS Mumbai offers MIMS while VGSoM offers MBA. Both the institutes are good.

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VGSoM Alumni Distribution by Sector

Operations 16%
Education 11%
Business Development 10%
Sales 9%
Consulting 9%

Frequently Visited Companies

Companies
AmazonErnst & YoungFlipkartGenpact
IBMJohnson & JohnsonSchlumbergerWipro
AccentureKotak GroupSyngenta BiosciencesTresvista Financial Services
ZycusVedantaKotak Mahindra BankBerger
ICICI BankLarsen & Toubro LimitedProtiviti Consulting Pvt. Ltd.Titan
DiageoPWCSutherlandJuspay

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