IIM Placements | Packages, Companies, Salary, IIM Placement Process

by | Mar 10, 2022 | 0 comments

When it comes to the most premier management schools there hardly exists any B-schools which could beat the IIM placements across the country. Obviously, this is one of the most authentic assumptions an IIM understudy might have from their IIM positions in 2021.

According to the data shared by IIMS, When it Comes to the best B schools of India, the only name which comes around 5200 students passed out during 2021 from 20 IIMs spread across India. After analyzing the official data of each IIM this is often concluded that the location during 2021 started with a

Minimum Salary: Rs.7.0 Lakh

Maximum Salary: Rs. 55.86 Lakh in India.

3% of students started their own business

And this is the domain breakup of industries shared by IIMs

Source: IIM

IIM Placements Process

The placement process was conducted in two stages. The first was the laterals process where firms interviewed students with prior work experience and offered them mid-level managerial positions. The second stage was the final placement process where firms were grouped into cohorts based on the profile offered, and groups of cohorts were invited to campus across different clusters IIMs placement placements are conducted 3 to three times- Summer Placements, Lateral Placements, and Final Placements. Let’s discuss each category in detail:

  1. IIM Summer Placement: In this placement the first year students can participate. The summer placements are usually between October – November each year.
  2. IIM Lateral Placement: For the Lateral Placement students who have prior work/professional experience can participate in lateral placements. Lateral Placements are conducted between January and February.
  1. IIM Final placements: This is the Final placement conducted by IIMs where all students can participate in the final placement. It is conducted at the end of the session that is between February to March.

Top Recruiter in IIM placements 2021

131 firms participated with 170 different roles in the placement process in 2021. In the Final placements, firms that made the most offers on-campus included McKinsey, Boston Consulting Group, and Tata Consultancy Services. Boston Consulting Group made the most offers (including Pre-Placement Offers) at the end of the final placement process with 32 offers, followed by McKinsey & Co. with 30 offers.

In the Niche Consulting cohort, GEP extended 11 offers. Among the investment banks, Nomura was the largest recruiter, making 7 offers, closely followed by Avendus and Goldman Sachs with S offers each. This year, the Private Equity, Venture Capital and Asset Management cohort witnessed a 40% increase in participating firms vis-à-vis last year including Gaja Capital and Brookfield.

The consistent increase in firms participating in this cohort year after year (80% increase last year) reinforces the trust that diverse industries have in the quality of our PGP program.

In the consumer goods and consumer services domain, Hindustan Unilever and Samsung extended the most offers — 5 each. With 6 offers, CK Birla was the largest recruiter in the General Management cohort. In the IT Consulting cohort, Tata Consultancy Services was the largest recruiter with 14 offers. In the Laterals process, Paytm made the highest number of offers —14. Amazon (9 offers), Finola (6 offers), and Microsoft (5 offers) were the other top recruiters in the Laterals process

FAQS for IIM Placements:

  1. Which IIM offer the best placement ?

As per the survey by us from the students and faculty, the best placements are offered by the old IIMs as compared to the new ones: Hence we have created a list whose data is taken from the final placement reports for the year 2020.

IIM AhmedabadRs 1.32 CPA
IIM Indore89.25 LPA
IIM RanchiRs 59.36 LPA
IIM SambalpurRs 58.00 LPA
IIM KashipurRs 48.50 LPA
IIM UdaipurRs 33.00 LPA
  1. What is the minimum salary offered at IIMs?

The minimum salary offered by IIMs is not released. Yet, from different information sources, it was uncovered that base compensation isn’t as much as Rs 6 lakh for each annum.

  1. What are the top companies in IIM placements?

The top companies which come for IIM placements are E&Y, Deloitte, Walmart, Accenture, JP Morgan Chase, Barclays, Morgan Stanley, Tolaram, Squareyards & Protiviti, EXL, KPMG, HSBC, Goldman Sachs, Amazon, Zomato, ICICI Bank, Bajaj, Axis, Tata, WIPRO, etc

  1. Which is the No 1 IIM in India?

IM Ahmedabad was positioned no. 1 in India by NIRF among the best administration schools in India.

  1. Is there 100 percent placement in IIM?

In excess of 190 firms took an interest in the last situation process held for all intents and purposes the week before. Indian Institute of Management (IIM) Calcutta has recorded 100% position for its 57th cluster, with a record normal compensation of Rs 34.2 lakh per annum, the chief business establishment said in a proclamation ( Source republic world )

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