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No they don't. Average is a very misleading figure. Someone who got a job in an Ibank outside of India would get easily above 1cr after conversion and without PPP adjustments. So imagine a few such placements would take the average very high.

A decent number of the class gets placed at 7–10lpa easily. But this number varies from IIM to IIM. The older ones are obviously able to place students better and faster. While the newer ones are still trying to create a market for their students.

As per the past year trends, the average package provided by the prominent recruiters is about Rs. 20 to 25 lakh per annum.

It is observed that every year IIMs promise 100% IIM MBA placement to their students and most of the time placements cells of IIMs keep their promise by securing 100 percent campus placement.

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