IIM Placements 2023, Highest Package, Top Recruiters, Year-wise Trend

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IIM MBA Placements have been concluded for several IIMs. The Indian Institutes of Management (IIMs) are the most sought-after B-schools in India. It was observed that this year, a majority of placements had been done in the Consulting Sector.

Recently, several IIMs concluded their 2023 placement drive. During the IIM MBA Placements for 2023, the highest salary was received by IIM Ahmedabad and IIM Bangalore graduates. The highest international IIMA Placement Package was INR 1.15 CPA. The same salary package was bagged during the IIMB Placements

The placement drives for the 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 organizations. 

With regard to the salary statistics, the average salary packages offered at the older and most reputed IIMs usually fall in the range of INR. 20 to INR. 30 LPA. 

Top IIM MBA Placement Packages 2023

Colleges Highest Salary Average Salary Median Salary
IIM Ahmedabad INR 1.15 CPA INR 34.3 LPA INR 39.4 LPA
IIM Bangalore - INR 35.3 LPA INR 31.2 LPA
IIM Kozhikode INR 61.5 LPA INR 29.5 LPA INR 26.5 LPA
IIM Calcutta INR 1.15 CPA INR 35.07 LPA INR 31 LPA
IIM Lucknow INR 61.59 LPA INR 31.03 LPA INR 29 LPA
IIM Mumbai INR 49 LPA INR 25.41 LPA -
IIM Indore INR 70 LPA INR 25.01 LPA INR 24.09 LPA
IIM Raipur INR 42.15 LPA INR 21.04 LPA INR 16.95 LPA
IIM Rohtak INR 32 LPA INR 16.06 LPA INR 15 LPA
IIM Ranchi INR 32.21 LPA INR 16.17 LPA INR 15.50 LPA
IIM Trichy INR 34 LPA INR 17.01 LPA INR 16 LPA

IIM Ahmedabad MBA Placements 2023

IIMA Placements were conducted with 188 recruiters for the 2023 batch.

Recruiters 188
Offers 280
International Offers 8
Highest Package INR 1.15 CPA
Average Package INR 34.36 LPA
Top Recruiter Emaar, A91 Partners, BCG, PwC, KPMG, HSBC

IIM Bangalore MBA Placements 2023

The following table highlights the IIMB Placement data.

Recruiters 164
Offers 606
International Offers 14
Average Package INR 35.31 LPA
Major Sector Management Consulting
Top Recruiters BCG, Bain & Company, Accenture Strategy

IIM Calcutta MBA Placements

At IIM Calcutta, the institute witnessed a 100% placement record.

Placement Rate 100%
Recruiters 190
Offers 573
Average Package INR 35.07 LPA
Major Sector Consulting, Finance
Top Recruiters Avendus Capital, Citi Bank, Deutsche Bank, HSBC, Goldman Sachs, Morgan Stanley, Standard Chartered

IIM Kozhikode MBA Placements 2023

The below table shows the highlights of IIM Kozhikode Placements 

Number of Companies Participated 123
Number of Offers 559
Highest CTC INR 67.02 LPA
Average CTC INR 31.02 LPA
Major Domains Consulting
Top Recruiters EXL, Jio, Makemytrip, Microsoft, Walmart

IIM Lucknow MBA Placements

The IIM Lucknow Placements have been concluded and the statistics can be seen below. 

Recruiters 200+
Offers 632
Highest Package INR 65 LPA (International)
Highest Package INR 1 CPA (Domestic)
Average Package INR 32.23 LPA
Top Recruiters Barclays, Accenture, BCG, Deloitte, Amazon, Jio, Capgemini, KPMG

IIM Mumbai MBA Placements

The following table highlights the IIM Mumbai Placement data.

Recruiters 161
Offers 494
Average Package INR 25.27 LPA
Major Sector Management Consulting
Top Recruiters Apple, Accenture Strategy, Zepto, Wipro

IIM Indore MBA Placements

The following table highlights the IIM Indore Placement data.

Recruiters 160
Offers 568
Average Package INR 30.21 LPA
Major Sector Consulting
Top Recruiters Accenture Strategy, Acuvon Consulting, Aspect Ratio, Bain & Company, BCG, Deloitte

IIM Raipur MBA Placements

The following table highlights the IIM Raipur Placement data.

Recruiters 107
Offers 255
Average Package INR 21.04 LPA
Major Sector Banking Financial Service and Insurance (BFSI)
Top Recruiters IBM, HDFC Bank, TATA Steel

IIM Rohtak MBA Placements

The following table highlights the IIM Rohtak Placement data.

Recruiters 120+
Offers 237
Average Package INR 18.73 LPA
Major Sector BFSI/Finance/FinTech
Top Recruiters AB InBev, Accenture, Barclays, BYJU’s, Capgemini etc

IIM Ranchi MBA Placements

The following table highlights the IIM Ranchi Placement data.

Recruiters 124
Offers 399
Average Package INR 17.3 LPA
Major Sector Finance/IT
Top Recruiters Microsoft, JP Morgan Chase & Co., Capgemini, Deloitte, Genpact, L&T

IIM Trichy MBA Placements

The following table highlights the IIM Trichy Placement data.

Recruiters 172
Offers 275
Average Package INR 20.55 LPA
Major Sector Finance
Top Recruiters Accenture, Amazon, Avalon Consulting, Bain & Co., BNY Mellon, Cognizant

Year-wise Placement Statistics

The following table represents the year-wise placement statistics observed at the top B-Schools in India:

MBA College Placement 2023 (INR) Placement 2022 (INR) Placement 2021 (INR)
IIM Ahmedabad 34.36 LPA 32.79 LPA 27.54 LPA
IIM Bangalore 35.31 LPA 33.8 LPA 28.98 LPA
IIM Calcutta 35.07 LPA 34.20 LPA 29.28 LPA
IIM Indore 30.21 LPA 25.01 LPA 23.6 LPA
IIM Kozhikode 31.02 LPA 29.5 LPA 22.53 LPA
IIM Shillong 26.96 LPA 23.10 LPA 19.17 LPA

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