Being the top business schools in India, the Indian Institutes of Management (IIMs) attract some of the top companies during placements, bagging excellent placement numbers. IIMs are the most sought after B-schools that provide quality management education at the postgraduate, doctoral, and executive levels in the country.
In IIM Ahmedabad's placement process for the Class of 2018 of its most coveted "Post Graduate Programme (PGP) in Management", its students were placed across over 23 cohorts. As many as 125 recruiters participated in the placements with 150 different roles. 386 offers were reportedly made with the highest package being Rs. 69 LPA and an average package of Rs. 22.6 LPA.
As per the official report of IIM Bangalore , the average package (domestic) was Rs. 22.76 LPA, while the average package (overseas) was Rs. 58.20 LPA. As many as 420 students received 462 offers from more than 140 companies, recording 100% placements, the institute said.
IIM Calcutta said it saw participation from 130 recruiters and 432 PGP students got placed. The institute received a total of 479 offers. The highest annual package received is Rs. 75 LPA CTC while the median salary offer is Rs. 22 LPA.
IIM Lucknow has not revealed any details about the packages offered. It witnessed a 20% rise in the number of pre-placement offers and 30% increase in the number of Higher Entry Placement Process (HEPP) offers. Top recruiters included Amazon, Accenture, Aditya Birla Group, Citi, Deloitte, and PwC among others.
IIM Kozhikode has also had a successful placement season this year. As many as 178 companies rolled out 359 offers to 382 students for the PGP batch of 2016-18. While the highest international annual package stood at Rs. 52.1 LPA CTC, the highest domestic CTC offer received was Rs. 38.5 LPA.
In IIM Indore Over 200 recruiters participated this time. The IIM had the largest batch of students - 624 - across all IIMs. The highest international package was Rs. 63.45 LPA while the highest domestic package stood at Rs. 33.04 LPA. The average CTC was Rs. 18.17 LPA.