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MBA Highest Package in India: Check Companies, Hiring Trends

Mahima Gupta
Mahima GuptaUpdated On: January 25, 2022 03:54 pm IST

Get detailed insights about the highest salary packages offered to MBA graduates by IIMs and Top B-schools in India. Learn more about the top packages offered by institutes along with their trends right here!

MBA Highest Package in India: Check Companies, Hiring Trends

The aspirants often pursue Masters in Business Administration program (MBA) from IIMs and top B-schools such as FMS, SPJIMR, IIFT,MDI to acquire good salary packages in the big reputed companies in the esteemed profiles. In the present scenario of job listings, students will come across many jobs marked as ‘MBA Preferred’ by the topmost companies. The reason is MBA graduates are highly skilled and have great problem-solving skills.

MBA salary in India depends on the skillset qualification and work experience. If you are enthusiastic, flexible, think out of the box, and are logical in solving complex problems, you are likely to have a successful career ahead with significant growth.

Placements at IIMs are usually held between Dec-Feb every year. Due to the corona outbreak, placements are being conducted in online mode. The highest CTC offered by these IIMs usually ranges between Rs, 70 Lacs to 1 Crore and the average CTC ranges from Rs. 10 Lacs to 20 Lacs. The top sectors attracting MBA graduates in recent years are E-Commerce, Finance, Consulting, and IT/Analytics. Companies are majorly offering job profiles in the key areas of Finance, Product Management, Analytics, General Management, and Consulting. Top recruiters of IIMs in India are Deloitte, Goldman Sachs, Accenture, Barclays, E&Y, Morgan Stanley, Squareyards & Protiviti, JP Morgan Chase, EXL, HSBC, Amazon, Zomato, ICICI Bank, Bajaj, Axis, Tata, KPMG, WIPRO, Walmart, Tolaram.

Also Read:Top 10 Highest Paying Jobs in the Field of Management in India

MBA Highest Package in India: Offered by IIMs

Check out the average and highest salary packages offered by top IIM’s in India.

Name of Institute

Average CTC

Highest CTC

IIM Ahmedabad

INR 25.83 LPA

INR 70.00 LPA

IIM Bangalore

INR 26.18 LPA

INR 80 LPA

IIM Calcutta

INR 29.00 LPA

INR 60.00 LPA

IIM Lucknow

INR 26.00 LPA

INR 56.00 LPA

IIM Indore

INR 23.60 LPA

INR 41.50 LPA

IIM Kozhikode

INR 22.50 LPA

INR 46.88 LPA

IIM Shillong

INR 18.79 LPA

INR 48.50 LPA

IIM Nagpur

INR 13.21 LPA

INR 31.54 LPA

IIM Amritsar

INR 12.61 LPA

INR 40.00 LPA

IIM Rohtak

INR 13.74 LPA

INR 22.80 LPA

IIM Ranchi

INR 15.02 LPA

INR 26.00 LPA

IIM Raipur

INR 15.20 LPA

INR 28.12 LPA

IIM Sirmaur

INR 11.28 LPA

INR 26.00 LPA

IIM Udaipur

INR 13.20 LPA

INR 27.50 LPA

IIM Kashipur

INR 13.82 LPA

INR 45.00 LPA

IIM Bodh Gaya

INR 11.20 LPA

INR 20.00 LPA

IIM Sambalpur

INR 10.78 LPA

INR 18.92 LPA

IIM Jammu

INR 10.64 LPA

INR 24.50 LPA

Highest International Packages Offered by IIMs

Various international companies conduct their placement drives in IIMs by offering lucrative salary packages in various job profiles. 

Name of Institute

Highest International CTC

IIM Ahmedabad

INR 1.32 CPA

IIM Sambalpur

INR 58.00 LPA

IIM Udaipur

INR 33.00 LPA

IIM Indore

INR 89.25 LPA

IIM Ranchi

INR 59.36 LPA

IIM Kashipur

INR 48.50 LPA

Also Read: Top 5 Highest Paying MBA Specialisations in India - Check Details Here

IIM Ahmedabad

Candidates can find the placement highlights of IIM Ahmedabad below.

Particulars

Details

Highest CTC Offered

INR 55.88 LPA

Average CTC Offered

INR 26.13 LPA

Highest International Salary Offered

INR 1.32 CPA

Total Number of Recruiting companies

153

Top recruiting companies

McKinsey, CavinKare, BCG, Paints,  Lenovo, HUL, ITC, Nestle, Reckitt Benckiser, Samsung Electronics, Indigo, Tata Sky, Wipro Consumer Care, and MasterCardAsian.

Total number of offers made

388

New recruiters

38

Top New Recruiters

FiveHoldings and Bharti Enterprises

IIM Bangalore

Candidates can find the placement highlights of IIM Bangalore below.

Particulars

Details

Highest CTC Offered

INR 80 LPA

Average CTC Offered

INR 26.18 LPA

Total Number of Recruiting companies

120

Top Recruiting Companies

Accenture, Microsoft, Amazon, Bain & Company, RPG Group, Kearney, Vedanta Ltd, Goldman Sachs, The Boston Consulting Group, KPMG, Paytm, McKinsey & Co.

IIM Calcutta

Candidates can find the placement highlights of IIM Calcutta below.

Particulars

Details

Highest CTC Offered

INR 60 LPA

Average CTC Offered

INR 29 LPA

Highest International Salary Offered

INR 80 LPA

Total Number of Offers Made

520

Top recruiting companies

Accenture, Boston Consulting Group

IIM Lucknow

Candidates can find the placement highlights of IIM Lucknow below.

Particulars

Details

Highest CTC Offered

INR 51 LPA

Average CTC Offered

INR 26 LPA

Highest International Salary Offered

INR 56 LPA

Total Number of Recruiting companies

140

Top recruiting companies

Flipkart, Deloitte, RIL, PwC, Nestle, KPMG, Amazon, Goldman Sachs, Morgan Stanley, Microsoft, Mckinsey & Co.

IIM Indore

Candidates can find the placement highlights of IIM Indore below.

Particulars

Details

Highest CTC Offered

INR 41.50 LPA

Average CTC Offered

INR 23.60 LPA

Highest International Salary Offered

INR 56.80 LPA

Total Number of Recruiting companies

210

Top recruiting companies

Goldman Sachs, HDFC Bank, Asian Paints, JP Morgan Chase & Co., Morgan Stanley, Boston Consulting Group, L’Oreal, Marico, Blue Star, NPCI, Deutsche Bank, PhonePe, AB InBev, Hindustan Unilever Limited, Indiamart, Bain Capability Network, Amazon.

New recruiters

40

IIFT Delhi

Candidates can find the placement highlights of IIFT Delhi below.

Particulars

Details

Highest CTC Offered

INR 46.45 LPA

Average CTC Offered

INR 20.48 LPA

Highest International Salary Offered

INR 75.00 LPA

Total Number of Recruiting companies

107

Top Recruiting Companies

Yes Bank, Citibank, D.E. Shaw, L&T, Indus Valley Partners, Goldman Sachs, EpikInDifi, JP Morgan & Chase, HSBC Global Banking and Markets, and Samunnati Finance

FMS Delhi

Candidates can find the placement highlights of  FMS Delhi below.

Particulars

Details

Highest CTC Offered

INR 58.8 LPA

Average CTC Offered

INR 26.2 LPA

Total Number of Recruiting companies

102

Top recruiting companies

Accenture, BMW, HCL, PayTM, Jubilant Food, EY, Myntra, IBM Bain & Co, HUL, ITC, BCG,  Ericsson, ABG.

XLRI Jamshedpur

Candidates can find the placement highlights of XLRI Jamshedpur below.

Particulars

Details

Highest CTC Offered

Over Rs 50.00 LPA

Average CTC Offered

INR 25.08 LPA

Highest International Salary Offered

INR 58.5 LPA

Total Number of Recruiting companies

Hindustan Unilever, Microsoft, Amazon,  ITC, Boston Consulting Group, Avendus Capital, P&G, Aditya Birla Group.

Top Recruiting Companies

108

New recruiters

23

SPJIMR Mumbai

Candidates can find the placement highlights of SPJIMR Mumbai below.

Particulars

Details

Highest CTC Offered

INR 46.65 LPA

Average CTC Offered

INR 26.06 LPA

Total Number of Recruiting Companies

131

Top Recruiting Companies

Accenture, Bain & Co, Boston Consulting Group

MDI, Gurgaon

Candidates can find the placement highlights of MDI, Gurgaon below.

Particulars

Details

Highest CTC Offered

INR 44 LPA

Average CTC Offered

INR 23.15 LPA

Total Number of Recruiting companies

128

Top Recruiting Companies

BMW Group India, Google, Asian Paints, Nestlé, Reckitt Benckiser, Tata Consumer Products Ltd., Airtel, Coca-Cola, ITC Ltd., L'Oréal, Marico, Mars, Johnson and Johnson, Fresenius Medical Care and GSK Pharmaceuticals, Airbnb, and Godrej Industries Ltd., Eli Lilly, and Company.

New Recruiters

64

IMT Ghaziabad

Candidates can find the placement highlights of IMT Ghaziabad below.

Particulars

Details

Highest CTC Offered

INR 58.22 LPA

Average CTC Offered

INR 13.60 LPA

Top Recruiting Companies

Goldman Sachs, Zycus, BCG, Aditya Birla Capital, Cisco, Deloitte, L’Oréal, Marico, Credit Suisse, Morgan Stanley, Accenture, Genpact, KPMG Global Services,

and Bank of America.

Also Read: Planning to Join a Start-up after MBA? Consider these Pros & Cons

MBA Highest Package in India: Offered by Non-IIMs

Check out the average and highest salary packages offered by top Non-IIMs in India.

Name of the Institute

Average CTC

Highest CTC

Faculty of Management Studies (FMS), Delhi

INR 26.2 LPA

INR 58.80 LPA

Indian Institute of Foreign Trade (IIFT), New Delhi

INR 20.48 LPA

INR 46.45 LPA

Xavier Labour Relations Institute - (XLRI), Jamshedpur

INR 25.08 LPA

INR 50 LPA

Management Development Institute (MDI), Gurgaon

INR 23.15 LPA

INR 44 LPA

SP Jain Institute of Management and Research - (SPJIMR), Mumbai

INR 26.06 LPA

INR 46.65 LPA

Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai

INR 32.38 LPA

INR 33 LPA

MICA Ahmedabad

INR 13.90 LPA

INR 58.20 LPA

Institute of Management Technology (IMT), Ghaziabad

INR 13.60 LPA

INR 58.22 LPA

Great Lakes Institute of Management

INR 13.63 LPA

INR 31.75 LPA

Siddhant Institute of Business Management (SIBM), Pune

INR 20.14 LPA

INR 34.26 LPA

NMIMS Mumbai

INR 17.79 LPA

INR 30.37 LPA

Indian School of Business (ISB), Hyderabad

INR 28.29 LPA

INR 72 LPA

International Management Institute (IMI), New Delhi

INR 13.07 LPA

INR 22.00 LPA

IMI Kolkata

INR 9.12 LPA

INR 20 LPA

Xavier Institute of Management (XIMB), Bhubaneswar

INR 15.42 LPA

INR 26.00 LPA

The whooping salary packages mentioned above on this page express the rising demand for MBA in India. Many big companies from popular sectors are ready to set up in India to offer lucrative offers to MBA graduates. The above-stated figures are not set in stone. Rather than chasing the figures, how well you have mastered your skills and how well you can contribute towards the growth of the company are the factors which will serve you in the long run.

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