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IIM Placements 2020: Check the Highest & Average Packages Offered

Being a brand name that attracts some of the largest and well-reputed companies from various domains for recruitment, IIMs are known for their stellar placement record that keeps improving year after year. Check the details of IIM Placements 2020 here.

IIM Placements 2020

The Indian Institutes of Management (IIMs) are the most reputable b-schools that offer an excellent range of courses along with bright placementopportunities post the completion of these management programmes. Being some of the top b-schools in India has elevated the IIMs to the zenith of the business world and also in the eyes of some of the most popular companies that hire managers in India.

The placements of IIMs are usually conducted between December and February every year. Top companies from various domains visit the IIM campus placements and recruit IIM students for leadership roles in their organization. The average salary packages offered in the placements of older and well-established IIMs usually fall in the range of Rs. 20 to Rs. 26 lakhs per annum. The average salary packages of newer IIMs are seen to fall between Rs. 10 - 18 LPA. However, there has been a considerable increase in the highest salary package offered in new IIMs as compared to last year. The average salary package has increased but there has not been a major deviation from last year in any of the IIMs.

IIM Placements 2020 - Highest & Average Salary Packages

Each IIM releases a Final Placement Report at the end of the placement season each year. The placement report contains details regarding the salary packages and various other statistics regarding the placement of the institute. It is a good indicator of how favourable an IIM is in the eyes of the recruiters and is very helpful for a student in deciding the ROI for their course. Check the highest and average salary packages offered in IIM Placements 2020 in the table given below.


Highest Domestic Package

Average Domestic

Highest International Package

Detailed Report

IIM Ahmedabad (IIM A)

Rs. 55.88 LPA

Rs. 26.13 LPA

Rs. 132 LPA

IIM A detailed placement report

IIM Bangalore (IIM B)


Rs. 26.18 LPA


IIM B detailed placement report

IIM Calcutta (IIM C)

Rs. 80 LPA

Rs. 28 LPA


IIM C detailed placement report

IIM Lucknow (IIM L)

Rs. 54 LPA

Rs. 23 LPA


IIM L detailed placement report

IIM Indore (IIM I)

Rs. 50 LPA

Rs. 22.92 LPA

Rs. 89.25 LPA

IIM Indore detailed placement report

IIM Nagpur

Rs. 40 LPA

Rs. 13.13 LPA


IIM Nagpur detailed placement report

IIM Udaipur

Rs. 40 LPA

Rs. 13.84 LPA

Rs. 33 LPA

IIM Udaipur detailed placement report

IIM Trichy

Rs. 25 LPA

Rs. 14,96 LPA


IIM Trichy detailed placement report

IIM Kashipur

Rs. 45 LPA

Rs. 13.82 LPA

Rs. 48.50 LPA

IIM Kashipur detailed placement report

IIM Kozhikode

Rs. 58 LPA

Rs. 20.80 LPA


IIM Kozhikode detailed placement report

IIM Bodh Gaya (IIM BG)

Rs. 20 LPA

Rs. 11.20 LPA


IIM Bodh Gaya detailed placement report

IIM Rohtak

Rs. 24 LPA

Rs. 13.70 LPA


IIM Rohtak detailed placement report

IIM Ranchi

MBA: Rs. 26 LPA
MBA HR: Rs. 22.37 LPA

MBA: Rs. 15.11 LPA
MBA HR: Rs. 14.55 LPA

Rs. 59.36

IIM Ranchi detailed placement report

IIM Sirmaur

Rs. 26 LPA

Rs. 11.28 LPA


IIM Sirmaur detailed placement report

IIM Amritsar

Rs. 40 LPA

Rs. 12.61 LPA


IIM Amritsar detailed placement report

IIM Shillong

Rs. 48.50 LPA

Rs. 18.79 LPA


IIM Shillong detailed placement report

IIM Raipur

Rs. 28.12 LPA

Rs. 15.20 LPA

Rs. 46 LPA

IIM Raipur detailed placement report

IIM Jammu

Rs. 20 LPA

Rs. 11.2 LPA


IIM Jammu detailed placement report

IIM Sambalpur

Rs. 18.92 LPA

Rs. 11.61 LPA


IIM Sambalpur detailed placement report

IIM Vishakhapatnam (IIM Vizag)

Rs. 27 LPA

Rs. 13.08 LPA


IIM Vizag detailed placement report

Also Read:MBA Colleges in India that Offer the Best Placements

IIM Placement Process 2020

The IIM placement process is divided into three main categories- Summer Placements, Lateral Placements, and Final Placements.

IIM Summer PlacementsOctober- November
  • First year students can participate in summer placements.
IIM Lateral PlacementsJanuary- February
  • Students who have prior work/professional experience can participate in lateral placements.
IIM Final PlacementsFebruary- March
  • All graduating students can participate in the final placements.

If you are looking forward to pursuing an MBA after completing your graduation, IIMs are certainly a group of institutes that you should be targeting in order to ensure good placement opportunities. IIMs selection criteria differ according to the intake, rank of the institute and the programmes offered, however, CAT is mandatory for admission to all IIMs.


Do students get good international offers in IIM Placements?

Yes, various IIM students get international job offers with good salary packages in the campus placements of IIMs. In the 2020 placements, the highest international offer was at IIMA was Rs. 1.32 crore per annum followed by an offer at IIM Indore for Rs. 89.25 LPA.

What are the summer placements at IIMs?

Summer Placements at IIMs are basically paid internship opportunities provided to the first-year students of the PGP/ MBA course of IIMs. Students are recruited for internships by some of the top companies in domains such as E-Commerce, FMCG, Consulting etc.

Do the new IIMs have a good placement record?

Yes. While the placement record of new IIMs is not as impressive that that of the older ones, they still have a good record of placements with the average salary package ranging between Rs. 10 to Rs. 18 LPA.

What is the average salary package offered in IIM Placements?

The average salary package offered in IIM Placements is different from each college. In the 2020 placements, the average salary offered at IIMs ranged from around Rs. 10.50 LPA to Rs. 28 LPA.

Do IIMs offer good placements to their students?

Yes, IIMs have a reputation for having an excellent placement record. A large number of domestic and international companies recruit IIM students.


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Related Questions

hey i want to pursue MBA but in Punjab only so which college is best for me that assure me best job after pursuing MBA? please suggest me.

-Gurpreet KaurUpdated on July 14, 2021 11:31 AM
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Abhinav Chamoli, CollegeDekho Expert

Dear Student,

Placements in your MBA course largely depend on various factors including your performance in the course, reputation of college etc. Hence, when choosing an MBA course from a placement point of view, it is best to check their previous year placement records to get an idea.

There are a number of colleges in Punjab that offer good placements in the MBA course. Some of the popular ones that you can consider include:


Dear Sir,I just wanted to ask that is entrance exam necessary to take admission in a reputed college (like IMT ,NMIMS) for distance MBAOr one can get direct admission ?More than 8 year of work ex in banking sector

-Vivek BhartiUpdated on July 14, 2021 10:29 AM
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Abhinav Chamoli, CollegeDekho Expert

Dear Student,

It depends on the institute you are applying for. Some institutes may accept scores of top MBA entrance exam for admission to their Distance MBA course while others may conduct their own entrance exam. However, some institutes such as the NMIMS Global Access School for Continuing Education may offer direct admission on the basis of the graduation score of the candidate. For more info, check our article on Distance MBA in India.

For admissions-related help, call our toll-free helpline number 18005729877.

Thank you.


I want to pursue MBA from LPU. If I did not appear for any entrance exam like CAT, MAT or XAT then can I get admission?

-Narain sharmaUpdated on July 13, 2021 11:38 AM
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Dear Student

Yes, you can apply for MBA admission at Lovely Professional University, Phagwara even if you have not appeared for CAT, MAT or any other entrance examination. However, you will have to appear for the University's own entrance examination (LPUNEST). The entrance examination will help you get a scholarship based on your bachelor scores and performance in the entrance examination. The college will also conduct a personal interview round. Once you have cleared all the rounds, you will have to submit an amount of INR 10,000 as the initial amount for admission. Besides this, you will have ...


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