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:
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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