This year saw exceptional placements across all premier B-schools.

The final placements for PGP-BA and PGP 2024 at the Indian Institute of Management Bangalore saw 516 eligible students accepting job offers from 163 firms. The placement week, ending on February 7, 2024, saw 503 students placed, with 13 more placed through a subsequent rolling process. A record 29 students were placed abroad, including with Infosys Consulting (7), Strategy& Middle East (6), Jindal Shadeed (5), TransformationX (3), EY Parthenon Singapore (2), JP Morgan Chase London (2), Health City Cayman Islands (2), Fast Retailing Japan (1), and Landmark Group Middle East (1). The median annual salary stands at Rs. 32.5 lakhs.

The Indian Institute of Management Calcutta (IIMC) concluded the final placements for the 2022-24 MBA batch with 464 students securing 529 offers. The highest CTC offered was ₹1.15 crore.

XLRI achieved 100 percent placements for the graduating class of 2022-24 across their Two-year PGDM (BM) and Two-year PGDM (HRM) programs. According to XLRI, all 503 students from XLRI Jamshedpur and XLRI Delhi NCR were placed through two recruitment phases: the Lateral Recruitment Process (LRP) for experienced students and the Campus Recruitment Process (CRP) for those without experience.

These reports from premier B-schools reaffirm the belief that an MBA offers excellent placement opportunities.

B-schools across the country are having a great placement season this year. Salaries and stipends have increased for both final and summer placements, and summer placements have started very positively.

The Indian Institute of Management (IIM) Ahmedabad completed its first cluster of summer placements for the 2024 postgraduate program (PGP). About 60 firms participated, with the Boston Consulting Group as the top recruiter, offering 28 positions, followed by Bain and Company with 23 offers. American Express made the most offers in the cards and financial advisory sector. There was a 50% increase in international offers in this cluster.

IIM Calcutta finished summer internships for its 59th batch of 470 students, securing nearly 540 offers. Consulting and finance made up almost 59% of the total hires. The average monthly stipend was ₹1.59 lakh, the median was ₹1.5 lakh, and the top 25% received ₹2.24 lakh, according to IIM-C.

IIM Kozhikode also closed its summer internship recruitment with 100% placements for its two-year full-time PGP programs. The season saw 122 recruiters offering internships to 541 students, with the highest stipend being ₹6.47 lakhs. The average and median stipend was ₹2.5 lakhs, up 25% from last year.

IIM Lucknow completed its Summer Placement drive for the 2022-2024 cycle with 100% placement.

Final Placements

• IIM Calcutta completes final placements with top international salary of Rs 86.9 lakh
• Finance sector continues to dominate offers in IIM-C placements
• JBIMS completes final placements with top salary of Rs 34.3 lakh; average salary of Rs 18.76 lakh
• Hiring spurt by e-commerce, IT companies at Delhi University B-school
• FMS sees sharp spurt in recruitment with highest package of about Rs 1 crore
• 100% placement achieved for PGDM at IIM Ranchi
• Delhi boy gets Rs 71 lakh placement offer from Uber
• McKinsey & Co top recruiter in Cluster 1 of IIM Ahmedabad final placements
• Hot hiring at IIM Udaipur, foreign placements double
• IIFT completes final placement with 23.8% jump in average compensation
• e-commerce firm Amazon hires 18 IIM-A students
• Placements at B-Schools like IIMs, others set to rock; e-commerce firms lead the pack with early pre-placement offers
• E-commerce firms like Amazon, Flipkart, Paytm and others embark on a hiring spree
• Vodafone ramps up campus hiring, adds six new campuses to its list
• Vodafone steps up campus hiring in India, hires 150 from B-schools
• 48 companies make 104 offers during IIM Udaipur final placements
• IIM-Trichy records 100% placement, average salary up
• JBIMS Final placements see top offers of Rs.26 lakh and average salary of Rs.18.13 lakh
• Marketing, finance see most offers at IIM-Lucknow
• IIM Lucknow completes final placements
• Consulting sector leads as IIM Kozhikode wraps up final placements in 7 days
• MDI places its students in 3.5 days
• IMT Ghaziabad completes placements with average pay packet of Rs.10.8 lakhs
• SP Jain sees 25% jump in highest salary offer this year
• IIM Rohtak final placements see 12.5% rise in average salary
• Hiring by manufacturing companies like Hinduja, Honda, Hyundai, TVS rises by up to 40%
• TCS recruits 500 graduates from Indian schools in first quarter
• Wipro saw largest increase in campus hires in FY16
• IBM sees rise in campus recruitments
• JBIMS ends placements with top salary of Rs 26 lakh, average salary of Rs 15 lakh
• Wipro sees rise in campus recruitment
• Consulting sector sees largest hiring at IIM Udaipur
• HCL Technologies to hire 8000 employees
• IT services sector hiring slowing down

Pre-Placement Offers

• Pre-placement offers in PGDM from IIM Indore 2.6 times higher than last year
• HCL offers pre-placement letters to 100 students from Indian schools
• IBM India raises pre-placement offers to 1200
• Pre-placement offers at IIM Indore up 12%
• HCL Technologies increases pre-placement offers for IIM students