IIM Placements Analysis 2021: Highest & Average Salary Package, Top Domains & Recruiters


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Mayank Badhwar

Associate Content Manager

The Indian Institutes of Management (IIMs) are the most sought-after B-schools in India. Recently, most of the IIMs concluded their 2021 placement drive. It has been observed that this year, a majority of placements had been done under the Consulting sector followed by BFSI, E-Commerce, and IT/Operations sectors.

IIM Placements are conducted between December - February every year. The average salary package at top IIMs ranges between INR 20 LPA - INR 25 LPA. 

Top companies from various domains visit the IIM campus placements and recruit IIM students for leadership roles in their organization. Recently, due to the Covid19 pandemic, these institutes conducted their placements in an online mode based on a “cluster-cohort model” where recruiters offering similar profiles are grouped into a cohort. 

The following represents the placements of top 3 IIMs for the batch 2021:

IIM Placements

In the year 2021, in most IIMs there was Year-On-Year increase in the Average and Median salary. The biggest jump in the average CTC can be seen at IIM Bangalore this year, where the average salary increased by 11%.

We at collegedunia have made a comparative analysis for the top IIMs Placements of 2021, which is described below:

Name of the Institute Number of Companies Participated Number of Offers Highest CTC Average CTC Median CTC
IIM Bangalore 150 544 - INR 29.98 LPA INR 28.6 LPA
IIM Calcutta 172 520 INR 87.36 LPA INR 28.75 LPA INR 27 LPA
IIM Lucknow - - INR 56 LPA INR 26 LPA INR 23.5 LPA
IIM Indore 210 - INR 56.8 LPA INR 23.6 LPA -
IIM Kozhikode 137 - INR 46.88 LPA INR 22.5 LPA INR 20 LPA
IIM Shillong 64 - INR 32 LPA INR 19.17 LPA INR 17.50 LPA
IIM Rohtak 100+ - INR 22 LPA INR 13.74 LPA INR 13.5 LPA

In the IIM placement drive of 2021, the Highest CTC was offered to IIM Calcutta followed by IIM Indore and IIM Lucknow.

Consulting Most Sought Domain at IIM Placements 2021

Consulting was the most sought domain at most of the IIM placements of 2021. 36%, 33% and 32% of the batch of IIM Bangalore, IIM Lucknow and IIM Calcutta was placed in the Consulting domain.

The following table represents the top 5 most preferred domains of MBA batch of 2021:

Rank IIM Bangalore IIM Calcutta IIM Lucknow IIM Indore IIM Kozhikode IIM Shillong
1 Consulting Consulting Consulting Finance Consulting Consulting
2 IT / Product Management IT / Product Management IT & Analytics Sales & Marketing Finance Sales & Marketing
3 Finance Finance Sales & Marketing Consulting IT & Analytics Finance
4 E-Commerce General Management General Management General Management Sales & Marketing General Management
5 General Marketing Sales & Marketing Operations IT & Analytics Operations IT & Analytics

IIM Placements 2021

The following table represents the average salary statistics of IIMs 2021 Placements:

Name of the Institute Location Year of Est. Average Salary Package
2021 2020
IIM Ahmedabad (IIM A) Gujarat 1961 - INR. 26.13 LPA
IIM Bangalore (IIM B) Karnataka 1973 INR 29.98 LPA INR. 26.18 LPA
IIM Calcutta (IIM C) West Bengal 1961 INR. 28.75 LPA INR. 27.8 LPA
IIM Lucknow (IIML) Uttar Pradesh 1984 INR 26 LPA INR. 24 LPA
IIM Kozhikode Kerala 1996 INR. 22.5 LPA INR. 23.08 LPA
IIM Indore (IIM I) Madhya Pradesh 1996 INR. 23.6 LPA INR. 22.92 LPA
IIM Udaipur Rajasthan 2011 INR 19.27 LPA INR. 12.93 LPA
IIM Trichy Tamil Nadu 2011 INR 14.85 LPA INR 14.96 LPA
IIM Raipur Chhattisgarh 2010 INR 15.11 LPA INR. 15.20 LPA
IIM Rohtak Haryana 2010 INR 13.74 LPA INR.13.70 LPA
IIM Shillong Meghalaya 2007 INR 19.17 LPA INR. 18.76 LPA
IIM Kashipur Uttarakhand 2011 INR 14.05 LPA INR. 13.82 LPA
IIM Ranchi Jharkhand 2010 INR 14.69 LPA INR. 15.11 LPA
IIM Nagpur Maharashtra 2015 INR 13.21 LPA INR. 13.10 LPA
IIM Bodh Gaya (IIM BG) Bihar 2015 INR 9.92 LPA INR. 11.02 LPA
IIM Sirmaur Himachal Pradesh 2015 INR 9.6 LPA INR. 11.28 LPA
IIM Amritsar Punjab 2015 INR 12.67 LPA INR. 12.61 LPA
IIM Jammu Jammu & Kashmir 2016 INR 10.34 LPA INR. 10.64 LPA
IIM Sambalpur Odisha 2015 INR 11.21 LPA INR. 11.61 LPA
IIM Visakhapatnam (IIM Vizag) Andhra Pradesh 2015 INR 12.62 LPA INR 13.08 LPA
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