How much does the graduation score effect in placements (summer and final) of IIMs (IIM C in precise) and FMS, Delhi? Will 68% in UG will be a hurdle for me in placements?

Let’s consider the effect of graduation scores in summer and final placements separately.

Summer Placements:

 During these placements, the recruiters don’t have your MBA profile to judge you. So they have to take your graduation score, past academics, and other criteria into consideration. The summer placements are largely based on what the candidate has achieved till the time he joined his/her MBA program. This is exactly why placement committees request that students utilize the time before joining the institute to improve their resumes. You can upscale yourself with work experience, your education, your extra-curricular activities, etc.

Final Placements: 

During these placements, the students are almost about to complete their MBA. This means their profile has improved through various on and off-campus opportunities. These opportunities include research projects, work on industry projects, and summer internships. So now your CGPA in your MBA program and performance in these activities carry more importance than your undergraduate CGPA.

So we can say graduation scores matter in summer placements but not much in final placements.