Who earns more IIT or IIM?

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AJ
Advait Joshi Posted On - May 17, 2023
Lives in Mumbai, Maharashtra, India

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 

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