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    IIM Bangalore Placement 2020-21 Report: Salary, Recruiters

    By Nidhi Agarwal
    18 Mar'22  2 min read
    IIM Bangalore Placement 2020-21 Report: Salary, Recruiters
    Synopsis

    Indian Institute of Management Bangalore has been judged to be the second best MBA institute in the country and its placement record remains healthy too. It has maintained a 100 percent placement rate for three years but what were the average and median salaries and which companies made the most offers? 

    IIM Bangalore Placement 2020-21 Report: Salary, Recruiters
    Synopsis

    Indian Institute of Management Bangalore has been judged to be the second best MBA institute in the country and its placement record remains healthy too. It has maintained a 100 percent placement rate for three years but what were the average and median salaries and which companies made the most offers? 

    For the batch of students to graduate in 2021 from the Indian Institute Of Management (IIM) Bangalore, the highest number of job offers came from management consulting companies. The domestic median and average salaries offered were about half those of international companies.

    The ministry of education’s National Institutional Ranking Framework (NIRF) has ranked IIM Bangalore the second best management college in India in 2021. IIM Bangalore has remained in the top two positions since the ranking started in 2016 for the management category.

    Careers360’s analysis of placements at IIM Bangalore in 2021 is based on data obtained through a Right To Information. The data is for the batch that was enrolled in its flagship PGP or MBA programme from 2019 to 2021.

    MBA Jobs: Domestic, International Salary

    According to data shared with the NIRF, IIM Bangalore had 100 percent placement for the last three batches, till the 2019-20 academic year. That is the latest year for which data is available publicly.

    For the 2021 campus placement in IIM Bangalore, half of its students received annual salary offers crossing Rs 28.6 lakh with job offers from companies in India.

    IIM Bangalore doesn’t maintain the maximum and minimum salary details but the details of median and average salaries offered to graduates of the flagship MBA or PGDM programme were shared.

    IIM-Bengalore-Annual-Salary-Package-IIMB-Domestic-International-Salary.IIMB: Domestic, International Salary (In Lakh Rs.)

    Also Read | New IIMs Place Nearly All MBA Graduates But At Half The Average Salary Of Old Ones

    Placement offers at IIM Bangalore

    A total of 441 students enrolled for the 2019-21 batch of the flagship programme, Post Graduate Programme (PGP), in IIM Bangalore. While nine students opted out of the campus placements process, 431 placement offers were accepted out of the 481 made, which is about 89.6 percent of offers made.

    About 37 percent of the job offers accepted were pre-placement offers for the PGP students of 2019-21 batch.

    PGP Placement Offers 2021

    Type

    Number

    Accepted

    Pre-Placement

    193

    160

    Lateral Placements

    110

    98

    Final Placement

    178

    173

    Total Offers

    481

    431

    Also Read | How 3 Professionals Are Repaying Their Education Loans

    IIM Bangalore Recruiters

    More than a third of the students of IIM Bangalore were recruited by the management consulting companies, about 35 percent.

    IIM Bangalore: Offers By Company

    Sector

    No. Of Offers

    Companies

    Business Analytics

    14

    American Express, EXL, Target Corporation

    Corporate Finance & Commercial Banking

    61

    Goldman Sachs, Avendus Capital, Citibank

    e-Commerce

    49

    Amazon Paytm, Flipkart, Myntra, Cloudtail

    General Management

    38

    RPG Group, Vedanta

    IT/ Product Management

    72

    Microsoft, Browserstack, Ola, Byju’s, UHG Optum, Adobe, Infoedge, Oracle, Razorpay, Sprinklr, Amagi Labs, AppDynamics, Atlassian, Cisco, and Tech Mahindra

    Management Consulting

    154

    Accenture, Bain & Company, McKinsey & Company, the Boston Consulting Group, Kearney, PricewaterhouseCoopers, Tata Consultancy Services, Alvarez & Marsal, Arthur D. Little, IBM Consulting, Strategy and EY-Parthenon.

    Sales & Marketing

    38

    Dr. Reddy’s Laboratories, Procter & Gamble, Samsung

    Operations

    5


    Total

    431


    Following management consulting, the largest number of offers came from information technology and product management (72) and corporate finance and commercial banking (61).

    • Human activities
    • Education
    • Economy
    • Business
    • Management
    • Indian Institutes of Management
    • Master of Business Administration
    • National Institutional Ranking Framework
    • Indian Institute of Management Bangalore
    • Companies

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