Indian Institute of Management - Bangalore
Indian Institute of Management - Bangalore

IIM Bangalore Placements 2023: Highest, Average and Median Packages

Bengaluru (Bangalore) Urban, Karnataka

Indian Institute of Management, Bangalore is a leading business management school in the country. IIM Bangalore held its MBA placement, PGP placement, summer placement for PGP and EPGP Placement. The IIM Bangalore placement 2023 was concluded with a total of 606 offers that were made to 512 candidates. The average package for the batch of 2023 was seen at INR 35.31 LPA. The majority of the offers were made in the domain of consulting. Some of the top recruiting companies were Adani Group, Paytm, Microsoft, Cogoport, Jio Platform, Accenture, and BCG. 

IIM Bangalore placement drive witnessed different sectors such as Business Analytics, Corporate Finance and Commercial Banking, e-commerce, General Management, IT/Product Management, Management Consulting, Operations, Sales and Marketing.

IIM Bangalore MBA and PGPBA Placements 2023

IIM Bangalore held its Final placement for the batch of 2023. For 530 candidates 539 offers were made from companies such as Accenture Capability Network, Amazon, McKinsey & Company, Bain & Company, Tata Consultancy Services, and Boston Consulting Group. Interested candidates can have a look at the details below:

IIM Bangalore MBA and PGPBA Placement Highlights

IIM Bangalore MBA Placements 2023: Consulting Sector

The majority of the offers were made in the domain of consulting at IIM Bangalore for 2023. Some of the top recruiting companies were Adani Group, Paytm, Microsoft, Cogoport, Jio Platform, Accenture, and BCG.

Company

Number of Offers

Accenture

41

Bain & Company

24

McKinsey & Company

18

Boston Consulting Group

13

PricewaterhouseCoopers

10

Kearney

9

KPMG

8

Tata Consultancy Services

6

Ernst & Young

5

Alvarez & Marsal

4

Arthur D. Little

4

Deloitte

3

IBM Consulting

4

Strategy & 

4

Infosys Consulting

2

Oliver Wyman

1

IIM Bangalore MBA Placement 2023: Sector-wise

IIM Bangalore placement drive witnessed different sectors such as Business Analytics, Corporate Finance and Commercial Banking, e-commerce, General Management, IT/Product Management, Management Consulting, Operations, Sales and Marketing. The table below shows the data on the number of students placed in the various sectors.

Sector

Percentage of Students Placed

Business Analytics

7%

Corporate Financing & Commercial Banking

9%

E-Commerce

4%

General Management

13%

IT / Product Management

14%

Management Consulting

40%

Operations

2%

Sales & Marketing

11%

IIM Bangalore MBA Placement 2023: Median and Average Salary

The IIM Bangalore placement 2023 was concluded with a total of 606 offers that were made to 512 candidates. The average package for the batch of 2023 was seen at INR 35.31 LPA for its PGP & PGPBA course.

IIM Bangalore MBA Placement 2023: PGP & PGPBA

IIM Bangalore placement drive 2023 for PGP and PGPBA saw a median CTC package at INR 33 LPA, while the average CTC was seen at INR 35.31 LPA.

IIM Bangalore MBA Average Salary

IIM Bangalore Executive MBA Placement 2023: EPGP

IIM Bangalore placement drive 2023 for EPGP which saw a median salary at INR 32.21 LPA and a mean salary at INR 33.07 LPA.

IIM Bangalore EPGP Median Salary

IIM Bangalore MBA Placement: Year-Wise Data

IIM Bangalore has been conducting successful placements for MBA programs for the past couple of years. Candidates can check the record of average and median salaries offered in the previous years below:

Placement Year

Average Salary

Median Salary

2022

INR 33.8 LPA

INR 31.2 LPA

2021

INR 28.98 LPA

INR 28.6 LPA

2020

INR 26.18 LPA

INR 25 LPA

2019

INR 24.54 LPA

INR 23 LPA

 

Frequently Asked Questions (FAQs)

Who were the top recruiting companies during the placement drive 2023 at IIM Bangalore?

The majority of the offers were made in the domain of consulting at IIM Bangalore for 2023. Some of the top recruiting companies were Adani Group, Paytm, Microsoft, Cogoport, Jio Platform, Accenture, and BCG.

What was the average and median Package offered at IIM Bangalore during the placement drive?

The average package for the batch of 2023 was seen at INR 35.31 LPA and INR 33 LPA for the flagship PGP & PGPBA at IIM Bangalore.

What is the average and median salary offered to MBA students in the previous years at IIM Bangalore?

IIM Bangalore has been conducting successful placements for MBA programs for the past couple of years. It has recorded an average salary for 2022 at INR 33.8 LPA, 2021 at INR 28.98 LPA, and 2020 at INR 26.18 LPA. While the median salary recorded was INR 31.2 LPA for 2022, INR 28.6 LPA for 2021, and INR 25 LPA for 2020. 

 

How many candidates were placed in the placement drive 2023 at IIM Bangalore?

The IIM Bangalore placement 2023 was concluded with a total of 606 offers that were made to 512 candidates.

How many candidates were offered the summer internship during the placement drive of 2022-24 at IIM Bangalore?

IIM Bangalore held its summer internship placement for the batch of 2023. For 530 candidates 539 offers were made from companies such as Accenture Capability Network, Amazon, McKinsey & Company, Bain & Company, Tata Consultancy Services, and Boston Consulting Group.

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