IITs and IIMs are the two most coveted tags in the country. The comparison between IIM and IIT has been a long-standing debate. The reason for their high demand is the guarantee of job opportunities at least at MNCs. The high monetary return makes both the institutes equally desired with just the difference in the nature of jobs offered.
Both IITs and IIMs have had an excellent placement record since their establishment and are known to provide excellent packages. The salary of different IITs and IIMs have been tabulated below.
IIT Average Packages
IITs |
Average package |
IIT Madras |
INR 15,00,000 |
IIT Delhi |
INR 22,50,000 |
IIT Bombay |
INR 20,00,000 |
IIT Kanpur |
INR 15,00,000 |
IIT Kharagpur |
INR 15,00,000 |
IIM Average Packages
IIMs |
Average package |
IIM Ahmedabad |
INR 26,00,000 |
IIM Bangalore |
INR 26,00,000 |
IIM Calcutta |
INR 24,00,000 |
IIM Lucknow |
INR 22,00,000 |
IIM Kozhikode |
INR 22,50,000 |
The IITs offer a better ROI because of fewer fees in comparison to IIMs. However, IIMs offer higher packages in comparison to IITs. Ultimately, the choice of being an alumnus of IIT or IIM solely depends on you whether you want to become an engineer or a manager