Dear Aspirant,

IIM Placements are usually made for the PGP batch between February and July of each year. The average salary package offered to top IIM candidates ranges from Rs 20-25 lakh per year, while the salary packages of newer IIMs range from Rs 10-20 lakh per year. The highest salary offer in the top IIMs- A, B, C has seen Rs 70 lakh to Rs 1 crore being offered as CTC. The foreign pay packages offered are Rs 60 lakh and above.

Top domestic and international companies such as E&Y, Deloitte, Walmart, Accenture, JP Morgan Chase, Barclays, Morgan Stanley, Tolaram, Squareyards & Protiviti, EXL, KPMG, HSBC, Goldman Sachs, Amazon, Zomato, ICICI Bank, Bajaj, Axis, Tata, WIPRO, etc. visit the IIM Recruitment Campuses for graduates in various job positions.

Graduates of the PGP are offered different management roles in different sectors and domains. Function-wise, most of the deals are made for positions such as Consultants and Managers.

Summer internships are arranged for companies to recruit students for internships in April-May. This also helps to build a pre-placement (PPO) network. Summer placements take place over 4-5 days in the month of March. This process is guided by a detailed set of rules for both students and recruiters. Earlier placements at IIMs take place a few months before the final placements, in which 2-year PGP students with work experience (18 months and more) will participate. The final placement cycle that takes place in February-March is almost the same across all IIMs except for a few minor variations here and there. For example, IIM Ahmedabad follows a cohort-based system instead of a day-to-day approach. The cohort-based system helps recruiters to assess candidates over a longer period of time.

Hope this helps. All the best!