MBA Placements 2025: Check Report, Highest and Average Salary Package
The MBA placement drive is a crucial factor that aspiring students consider before choosing an institution. Leading B-Schools in India, including IIMs, MDI Gurgaon, XLRI Jamshedpur, NITIE Mumbai, SIBM Pune, and others, have successfully wrapped up their placement sessions for the 2023 batch. Most students begin preparing for placements during their first year of the MBA program. Notably, many IIMs achieved a 100% placement record in 2023.
Top recruiting sectors like Consulting, Business Analytics, and General Management played a significant role in the 2023 placement season. Among the leading institutions, IIM Bangalore secured 662 placement offers, the highest number among top IIMs and B-Schools. IIM Calcutta followed with 640 offers, IIM Kozhikode with 571, and IIM Lucknow with 534 offers.
Key Updates from Top B-Schools
IIM Bangalore
- Placement Status: Achieved 100% placements with 503 students placed during the placement week and an additional 13 through rolling placements.
- Median Salary: ₹32.5 LPA (marginally lower than last year).
- Top Sectors: Consulting remained the largest recruiter, followed by Finance and Investment Banking.
IIM Ahmedabad
- Placement Process: Completed placements for its PGP and PGP-FABM programs in three clusters.
- Data Status: Salary figures are awaited due to IPRS audit.
- Recruitment Insights: High recruiter participation with diverse roles, showcasing the institute’s strong industry connect.
IIM Calcutta
- Students Placed: 464 students with 529 offers from 194 recruiters.
- Salary Data: Not disclosed.
- Unique Highlights: New recruiters like Jio Financial Services and Sobha Realty onboarded.
XLRI Jamshedpur
- Placement Overview: 100% placements for 503 students across two campuses.
- Average Salary: Decreased by 8.6%.
- Recruiters: Key firms included Accenture, Amazon, and BCG.
SPJIMR Mumbai
- Average Salary: ₹33 LPA (unchanged from the previous year).
- Top Sectors: FMCG, Consulting, BFSI, and Tech.
- Unique Insights: The institute emphasized value-based hiring amidst global uncertainties.
IIM Lucknow
- Average Salary: Dropped from ₹32.2 LPA in 2023 to ₹30 LPA in 2024.
- Top Recruiters: Consulting giants like McKinsey and PwC dominated placements.
IIM Indore
- Batch Size: Largest-ever with 594 students placed.
- Average Salary: Dropped from ₹30.21 LPA to ₹25.68 LPA.
- Top Sectors: Consulting accounted for 50% of total placements.
MBA Placements
MBA placements hold the benchmark of an MBA graduate's journey, telling the MBA program's success story, how it has stood up in preparing a candidate for the corporate world, and its requirements. In India, the MBA job market is competitive, where an MBA graduate would expect to achieve a lucrative package and better career prospects. Here, we analyze and present some top-rated MBA colleges that have established and offered a student with excellent placement opportunities.
College Name | Average Package (in INR) |
Dravidian University | 51.36 LPA |
IIM Calcutta | 31 - 33.67 LPA |
Masters' Union | 33.1 LPA |
IIM Bangalore | 33 LPA |
S.P. Jain Institute of Management and Research | 24.89 - 32.89 LPA |
Indian Institute of Management Mumbai | 31 LPA |
Faculty of Management Studies, University of Delhi | 31 LPA |
IIM Ahmedabad | 30 LPA |
IIM Lucknow | 30 LPA |
These institutions have consistently demonstrated their prowess in facilitating successful placements for their MBA graduates, with impressive average salary packages and opportunities for career advancement.
MBA Courses Career Scope: Jobs Profiles, Salary, and Top Recruiters
Embarking on an MBA journey opens many career opportunities across various industries, offering lucrative salary packages and promising career growth prospects. Let's delve into the career scope, job profiles, salary trends, and top recruiters for MBA graduates:
MBA Salary in India
MBA salaries in India vary based on specialization, industry, and experience level. Specializations such as finance, marketing, business analytics, and entrepreneurship often command higher salary packages. Here are some popular job profiles after an MBA and their corresponding average salaries:
Job Profiles | Description | Average Salary (in INR) |
Business Analyst | Analyses and documents business processes and systems within an organisation. | 9.5 LPA |
Investment Banker | Provides financial advisory services and raises capital for corporations, governments, and other entities. | 5 LPA |
Chief Financial Officer (CFO) | Manages an organisation's financial actions, strategies, and operations. | 47.1 LPA |
Product Manager | Oversees a product's development, strategy, and success throughout its lifecycle. | 24.7 LPA |
Management Consulting | Provides advisory services to organizations to improve performance and solve problems. | 7 LPA |
Asset Manager | Manages investments and assets for clients, including individuals, institutions, or corporations. | 6.3 LPA |
HR Manager | Oversees the human resources department within an organization. | 12 LPA |
Project Manager | Plans executes, and oversees projects within an organization. | 19.1 LPA |
Sales Manager | Leads and manages a team of sales representatives or a sales department. | 6.7 LPA |
Marketing Manager | Plans and executes marketing strategies and campaigns to promote products, services, or brands. | 12.5 LPA |
Operations Manager | Oversees and manages day-to-day operations and processes within an organization. | 10.4 LPA |
Note: The salary data has been obtained from various sources.
MBA Courses Top Recruiters
The demand for MBA graduates spans across industries, with private and government organizations actively seeking their expertise. Here are some top recruiters known for hiring MBA graduates through campus placements:
Top Private MBA Courses Recruiters:
Private Companies | |
Avendus | Samsung |
Deloitte | ITC |
HDFC | Tata |
ICICI Bank | EXL |
JP Morgan Chase & Co. | HSBC |
Mahindra | Goldman Sachs |
McKinsey & Company | Accenture |
Reliance | Amazon |
Wipro | Microsoft |
Aditya Birla Group | Nestle |
Vodafone | Microland |
Top Government MBA Courses Recruiters:
Government Organizations | |
Air India Express | BEML Limited |
RBI | Bharat Electronics Limited |
Coal India Limited | SBI |
NABARD Consultancy Services | National Housing Bank |
Bank of Baroda | Central Bank of India |
Top NIRF Ranking MBA Colleges 2023 Placement Data
Listed below are the top 30 MBA colleges in India according to MHRD-NIRF rankings 2023, along with their average CTC offered during the latest campus placements:
MBA Institute | MHRD-NIRF Ranking 2021 | Average CTC (INR) |
IIM Ahmedabad | 1 | 26.12 LPA |
IIM Bangalore | 2 | 26.18 LPA |
IIM Kozhikode | 3 | 22.50 LPA |
IIM Calcutta | 4 | 29.00 LPA |
IIT Delhi-DMS | 5 | 22.69 LPA |
IIM Lucknow | 6 | 26.00 LPA |
National Institute of Industrial Engineering, Mumbai | 7 | 21 LPA - 31 LPA |
IIM Indore | 8 | 23.60 LPA |
XLRI Jamshedpur | 9 | 25.08 LPA |
IIT Bombay-SJMSOM | 10 | 21.96 LPA |
IIM Raipur | 11 | 15.20 LPA |
IIM Rohtak | 12 | 13.74 LPA |
MDI Gurgaon | 13 | 22.05 LPA |
IIT Kharagpur-VGSOM | 14 | 18.44 LPA |
IIT Madras-DOMS | 15 | 14.38 LPA |
IIM Udaipur | 16 | 13.19 LPA |
SIBM Pune | 17 | 19.56 LPA |
IIT Roorkee-DOMS | 18 | 10.58 LPA |
IIM Kashipur | 19 | 17.2 LPA |
SPJIMR Mumbai | 20 | 15.11 LPA |
IIM Trichy | 21 | 14.85 LPA |
IIT Kanpur | 22 | 12.77 LPA |
IIM Ranchi | 23 | 14.69 LPA |
Jamia Millia Islamia | 24 | 8 LPA |
IIM Shillong | 25 | 19.17 LPA |
IIFT Delhi | 26 | 21.08 LPA |
Amity University | 27 | 5 LPA |
IIM Visakhapatnam | 28 | 16 LPA |
Note: The average CTC data is indicative of the latest placement trends.
Salary Trends Across Top B-Schools
B-School | 2023 (₹ LPA) | 2024 (₹ LPA) | % Change |
IIM Bangalore | 35.31 | 35.92 | +2% |
IIM Calcutta | 35.07 | 35.07 | 0% |
XLRI | 32.7 | 29.89 | -8.6% |
SPJIMR | 33.02 | 33.00 | 0% |
IIM Lucknow | 32.2 | 30.00 | -7% |
IIM Indore | 30.21 | 25.68 | -15% |
Trends in Placement Sectors
Consulting and BFSI sectors retained their dominance in MBA placements, with significant hiring also observed in IT/ITES, FMCG, and tech sectors. Popular roles included consulting, analytics, general management, and product management.
Sector | Recruitment Share |
Consulting | 40% |
BFSI | 25% |
IT/ ITES | 20% |
FMCG | 15% |
Top B-Schools Average Salary Trends (2022-2024)
B-School | 2022 (₹ in Lakhs) | 2023 (₹ in Lakhs) | 2024 (₹ in Lakhs) | %tage Change |
IIM Bangalore | 33.82 | 35.31 | 35.92 | +2% |
IIM Calcutta | 34.20 | 35.07 | 35.07 | 0% |
FMS Delhi | 32.40 | 34.10 | -- | -- |
ISB Hyderabad | 34.08 | 34.21 | -- | -- |
IIM Ahmedabad | 32.80 | Awaited | Awaited | -- |
Masters’ Union Gurugram | 33.10 | 34.07 | -- | -- |
SPJIMR Mumbai | 32.05 | 33.02 | 33.00 | 0% |
XLRI Jamshedpur | 30.07 | 32.70 | 29.89 | -9% |
IIM Lucknow | 31.03 | 32.20 | 30.00 | -7% |
IIM Kozhikode | 29.50 | 31.02 | 28.05 | -10% |
IIM Indore | 25.01 | 30.21 | 25.68 | -15% |
IIFT Delhi & Kolkata | 25.16 | 29.10 | Incomplete | -- |
SJMSoM IIT Bombay | 25.93 | 28.88 | 28.01 | -3% |
JBIMS Mumbai | 27.63 | 28.02 | -- | -- |
MDI Gurgaon | 26.65 | 27.67 | 25.50 | -8% |
TISS Mumbai | 23.97 | 27.22 | -- | -- |
IIM Shillong | 23.10 | 26.96 | 26.10 | -3% |
SIBM Pune | 23.06 | 26.77 | 28.16 | +5% |
NMIMS Mumbai | 23.07 | 26.63 | Incomplete | -- |
DMS IIT Delhi | 21.90 | 25.82 | Incomplete | -- |
IIM Placements 2024
First Generation IIMs (Old IIMs)
IIM | Placement Status 2024 | %tage Change in Salary |
IIM Ahmedabad | Completed (Awaiting Audit) | -- |
IIM Bangalore | Completed | +1.7% |
IIM Calcutta | Completed | 0% |
IIM Lucknow | Completed | -6.8% |
IIM Kozhikode | Completed | -9.6% |
IIM Indore | Completed | -15% |
Second Generation IIMs (New IIMs)
IIM | Placement Status 2024 | %tage Change in Salary |
IIM Raipur | Completed | -6% |
IIM Rohtak | Completed | +3% |
IIM Udaipur | Incomplete | -- |
IIM Ranchi | Completed | +8% |
IIM Trichy | Completed | -5% |
Third Generation IIMs (Baby IIMs)
IIM | Placement Status 2024 | %tage Change in Salary |
IIM Visakhapatnam | Completed | -6% |
IIM Jammu | Completed | -6% |
IIM Bodh Gaya | Completed | -13% |
IIM Sambalpur | Completed | -14% |
Top 20 B-Schools by Average Salary in Placements 2023
The table below highlights the performance of the top MBA colleges in India based on their average placement salaries from 2021 to 2023. These figures showcase the growing demand for management graduates from premier institutes.
College | 2021 | 2022 | 2023 |
IIM Bangalore | ₹28.98 LPA | ₹33.82 LPA | ₹35.31 LPA |
IIM Calcutta | ₹29.00 LPA | ₹34.20 LPA | ₹35.07 LPA |
FMS Delhi | ₹26.20 LPA | ₹32.40 LPA | ₹34.10 LPA |
ISB Hyderabad | ₹28.21 LPA | ₹34.08 LPA | ₹34.21 LPA |
IIM Ahmedabad | ₹27.54 LPA | ₹32.80 LPA | Awaited |
Masters’ Union Gurugram | ₹29.12 LPA | ₹33.10 LPA | ₹34.07 LPA |
SPJIMR Mumbai | ₹26.06 LPA | ₹32.05 LPA | ₹33.02 LPA |
XLRI Jamshedpur | ₹25.08 LPA | ₹30.07 LPA | ₹32.70 LPA |
IIM Lucknow | ₹26.00 LPA | ₹31.03 LPA | ₹32.20 LPA |
IIM Kozhikode | ₹22.53 LPA | ₹29.50 LPA | ₹31.02 LPA |
IIM Indore | ₹23.60 LPA | ₹25.01 LPA | ₹30.21 LPA |
IIFT Delhi & Kolkata | ₹21.08 LPA | ₹25.16 LPA | ₹29.10 LPA |
SJMSoM IIT Bombay | ₹21.96 LPA | ₹25.93 LPA | ₹28.88 LPA |
JBIMS Mumbai | ₹23.16 LPA | ₹27.63 LPA | ₹28.02 LPA |
MDI Gurgaon | ₹23.15 LPA | ₹26.65 LPA | ₹27.67 LPA |
TISS Mumbai | ₹19.62 LPA | ₹23.97 LPA | ₹27.22 LPA |
IIM Shillong | ₹19.17 LPA | ₹23.10 LPA | ₹26.96 LPA |
SIBM Pune | ₹19.56 LPA | ₹23.06 LPA | ₹26.77 LPA |
NMIMS Mumbai | ₹18.45 LPA | ₹23.07 LPA | ₹26.63 LPA |
DMS IIT Delhi | ₹18.50 LPA | ₹21.90 LPA | ₹25.82 LPA |
Top MBA Colleges Ranked 21-50 by Placements in 2023
For colleges ranked 21-50, there has also been a significant increase in their average salaries, reflecting the consistent rise in the quality of management education across India.
College | 2021 | 2022 | 2023 |
BITSoM Mumbai | -- | -- | ₹23.85 LPA |
SCMHRD Pune | ₹16.50 LPA | ₹20.40 LPA | ₹23.83 LPA |
IIM Raipur | ₹15.11 LPA | ₹17.73 LPA | ₹21.04 LPA |
IIM Tiruchirappalli | ₹14.85 LPA | ₹17.00 LPA | ₹20.55 LPA |
IIM Udaipur | ₹13.42 LPA | ₹17.80 LPA | ₹20.32 LPA |
DoMS IIT Madras | ₹12.78 LPA | ₹16.66 LPA | ₹20.19 LPA |
XIM Bhubaneswar | ₹15.15 LPA | ₹17.54 LPA | ₹20.03 LPA |
MICA Ahmedabad | ₹14.01 LPA | ₹19.01 LPA | ₹20.09 LPA |
IIM Rohtak | ₹13.74 LPA | ₹16.06 LPA | ₹18.73 LPA |
IIM Kashipur | ₹14.05 LPA | ₹15.21 LPA | ₹18.11 LPA |
IMT Ghaziabad | ₹12.42 LPA | ₹15.28 LPA | ₹17.35 LPA |
IIM Ranchi | ₹14.69 LPA | ₹16.17 LPA | ₹17.30 LPA |
IMI New Delhi | ₹12.77 LPA | ₹15.23 LPA | ₹17.01 LPA |
IIM Nagpur | ₹13.21 LPA | ₹14.94 LPA | ₹16.74 LPA |
IIM Amritsar | ₹12.68 LPA | ₹14.63 LPA | ₹16.51 LPA |
IIM Sambalpur | ₹11.21 LPA | ₹12.64 LPA | ₹16.64 LPA |
IIM Jammu | ₹10.34 LPA | ₹13.53 LPA | ₹16.43 LPA |
IIM Bodh Gaya | ₹9.92 LPA | ₹12.36 LPA | ₹16.00 LPA |
IRMA Anand | ₹10.76 LPA | ₹14.33 LPA | ₹15.50 LPA |
IIM Visakhapatnam | ₹12.62 LPA | ₹14.60 LPA | ₹15.47 LPA |
Top MBA Colleges by Highest Salary in Placements 2023
The highest salaries offered in 2023 demonstrate the immense value these institutions provide in grooming industry-ready professionals.
MBA College | Highest Salary 2023 |
FMS Delhi | ₹1.23 Crore |
IIM Indore | ₹1.14 Crore |
SPJIMR Mumbai | ₹77.80 LPA |
IIFT Delhi & Kolkata | ₹75.60 LPA |
XIM Bhubaneswar | ₹71.50 LPA |
IIM Shillong | ₹71.30 LPA |
NMIMS Mumbai | ₹67.80 LPA |
IIM Raipur | ₹67.60 LPA |
IIM Kozhikode | ₹67.02 LPA |
MDI Gurgaon | ₹60.00 LPA |
IIT Delhi MBA Placements 2023
IIT Delhi successfully maintained a 100% placement record in 2023, showcasing a remarkable rise in salary packages compared to the previous year.
Statistics | 2023 | 2022 |
Placement %tage | 100% | 100% |
Highest Salary | INR 41.13 LPA | INR 36.7 LPA |
Average Salary | INR 25.82 LPA | INR 21.9 LPA |
Median Salary | INR 24.45 LPA | INR 20.6 LPA |
Average Salary (Female Students) | INR 24.01 LPA | INR 21.9 LPA |
Major Industries | IT & Analytics | Information Technology, Supply Chain & Operations |
Top Recruiters | Adani, Amazon, KPMG, Infosys, MRF, Jio, Cognizant, Delhivery | Accenture, Capgemini, Flipkart, Gartner |
Domain-Wise Placement Breakdown
Domain | %tage of Offers |
IT & Analytics | 24.5% |
Sales & Marketing | 22.1% |
Strategy & Consulting | 17.2% |
Finance | 14.0% |
Supply Chain & Operations | 11.5% |
General Management & HR | 10.7% |
IIM Kozhikode Placements 2023
IIM Kozhikode maintained its 100% placement record for the 2023 batch, with growth in both average and highest salary packages.
Placement Statistics | 2023 | 2022 |
Placement Rate | 100% | 100% |
Batch Size | 556 | 546 |
Number of Companies Participated | 123 | 116 |
Number of New Recruiters | 36 | 39 |
Number of Offers | 559 | 571 |
PPO/PPI | - | 38% |
Highest CTC | INR 67.02 LPA | INR 61.5 LPA |
Average CTC | INR 31.02 LPA | INR 29.5 LPA |
Average CTC (Top 50%) | INR 27 LPA | INR 39.2 LPA |
Domain-Wise Placement Breakdown
Domain | %tage of Offers | Average CTC | Highest CTC |
Consulting | 33% | INR 34.26 LPA | INR 40.25 LPA |
Finance | 26% | INR 27.97 LPA | INR 48 LPA |
General Management | 14% | INR 29.37 LPA | INR 49 LPA |
IT/Analytics | 11% | INR 33.35 LPA | INR 67.02 LPA |
Operations | 6% | INR 31.09 LPA | INR 49 LPA |
Sales & Marketing | 10% | INR 28.29 LPA | INR 34 LPA |
The Consulting domain retained its dominant position with the highest share of offers.
IIM Lucknow Placements 2023
IIM Lucknow recorded 100% placements with significant growth in offers and salary packages.
Batch | 2023 | 2022 |
%tage Of Students Placed | 100% | 100% |
No. of Students | 556 | 491 |
No. of Recruiters Participated | 200+ | 150 |
Number of Offers | 632 | 534 |
Highest International CTC | INR 65 LPA | INR 61.59 LPA |
Highest Domestic CTC | INR 1 CPA | INR 58 LPA |
Average CTC | INR 32.23 LPA | INR 31.03 LPA |
Median CTC | INR 30 LPA | INR 29 LPA |
