IIM Bangalore Placements 2023: Average salary Package- 35.31 LPA, Highest Salary, Top Recruiters and Placements Statistics
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Indian Institute of Management (IIM), Bangalore Placements

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Indian Institute of Management (IIM) , Bangalore  Campus
Indian Institute of Management (IIM) , Bangalore  Campus
Indian Institute of Management (IIM), Bangalore Campus
Indian Institute of Management (IIM) , Bangalore Campus
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Indian Institute of Management (IIM)
Rahul Kumar Indian Institute of Management (IIM)

Indian Institute of Management (IIM),Placement Highlights 2024

 

Latest Updates: Around 100% of candidates were placed following the IIM Bangalore Placements 2023. A total of 606 offers—14 of which were international—were offered to 512 participating students for the PGP + PGPBA class of 2021-23, by 164 recruiters. Out of 94 offers for lateral positions made during the 2023 placements, 82 were accepted.

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During the IIM Bangalore Placements around 221 offers were made during the placement drives last week. There were 291 Pre-placement offers issued in total, and 209 were accepted. IIM Bangalore’s median salary for the class of 2023 was INR 33 LPA, compared to an average salary of INR 35.31 LPA. 40% of students were placed in the consulting sector, which was followed by 14% in IT/Product Management.

About Indian Institute of Management Bangalore, also known as IIM Bangalore abs IIMB, is an autonomous institute established in 1973 at Bannerghatta Road in South Bangalore, Karnataka. The IIM B is one of the oldest management schools in India and is also considered one of the top B-schools in Asia. IIM Bangalore(IIMB) is also recognised as the Institute of National Importance by the Government of India and works under the guidelines of the Ministry of Human Resource and Development. The college is one of the initially established IIMs along with IIM Ahmedabad (IIMA), IIM Calcutta (IIMC), IIM Lucknow (IIML), IIM Kozhikode (IIMK), and IIM Indore (IIMI).

Related Article: IIM Bangalore Fees For MBA: Find Out Fees and Scholarships

 

IIM Bangalore Placements Highlights

IIM Bangalore Placements Highlights are mentioned in the table below:

ParticularsPlacement Statistics (2021-23)
Number of Companies Participated164
Students Opted Out-
Number of Offers606
Number of PPOs Offered291
Number of PPOs Accepted209
Lateral Offers Made94
Number of Lateral Offers Accepted82
Placement Offers in the Final Week221
International Offers14
Average SalaryINR 35.31 LPA
Median SalaryINR 33 LPA
Major SectorManagement Consulting
Top RecruitersBCG, Bain & Company, Accenture Strategy

IIM Bangalore Summer Internship Placements 2024 Company Wise

The sector below outlines the company-wise placements for the 2024 batch at IIM Bangalore.

Name of the Company

Number of Offers

Accenture Capability Network30
Amazon23
Mckinsey & Co.22
Bain & Company19
TCS18
BCG17
Kearney - Digital Transformation16
EY India15
Accenture Indian Market Unit1
Strategy& India11
PwC India Management Consulting9
GEP WorldWide9
Samsung 9
TATA Administrative Service8

IIM Bangalore Placements: PPO, Pre-Placements

IIM Bangalore Placements: PPO and pre-placements are mentioned in the table below:

Name of the Company

Number of Offers

BCG    20
Bain & Company    18
Accenture Strategy CN    11
McKinsey & Co.    11
Microsoft    8
Accenture Strategy IMU    6
Alvarez & Marsal    6
Amazon - AWS Consulting    6
American Express    6
Kearney    6
Navi Group5

Top IIMs Placement Comparison

Top IIMs Placement Comparison are given in the table below:

IIMsHighest PackageAverage PackageMedian PackageNumber of Placement Offers
IIM AhmedabadINR 1.14 CPAINR 32.79 LPA    INR 36.2 LPA    172
IIM Bangalore-INR 35.31 LPAINR 33 LPA    606
IIM Calcutta-INR 35.07 LPA    INR 33.67 LPA    573
IIM IndoreINR 1.14 CPA    INR 30.21 LPA    INR 27.2 LPA    -
IIM Lucknow    INR 65 LPA    INR 32.2 LPA    -632
IIM KozhikodeINR 67.02 LPA    INR 31.02 LPA    INR 27 LPA    559

IIM Bangalore Placements 2023:  Sector Wise

IIM Bangalore placements for 2023 witnessed 78 recruiters making job offers, with the Emaar Group extending the highest package of INR 1.15 Crores. The following presents the sector-wise analysis for the batch of 2023 at IIM Bangalore:

IIM Bangalore Placements 2023:  Sector Wise CTC are given in the table below:

SectorsCTC Range
ConsultingINR 25 - 45 LPA
IT / Product / E-Commerce / Analytics    INR 20 - 49 LPA
Finance    INR 20 - 60 LPA
Conglomerates / Operations    INR 21 LPA - 1.15 Cr
Sales & Marketing    INR 25 - 45 LPA

IIM Bangalore Placements 2023 Sector Wise Percentage

IIM Bangalore Placements 2023 Sector Wise Percentage are mentioned in the table below:

Sector

Percentage of Students Placed

Business Analytics    7%
Corporate Financing & Commercial Banking    9%
E-Commerce4%
General Management13%
IT / Product Management14%
Management Consulting40%
Operations2%
Sales & Marketing11%

IIM Bangalore Placements 2023 Company Wise

The table below illustrates the company-wise placements for the 2023 batch at IIM Bangalore:

  • BCG: 26 offers
  • Bain & Company: 22 offers
  • Accenture Strategy: 22 offers
  • TCS: 18 offers
  • Mckinsey & Co: 16 offers
  • American Express: 15 offers
  • Ernst & Young India: 14 offers
  • Cogoport: 11 offers
  • Microsoft: 10 offers
  • EXL Services: 10 offers
  • PwC India: 9 offers
  • Paytm: 9 offers
  • Oliver Wyman: 8 offers
  • Accenture Strategy IMU: 7 offers
  • Vedanta: 7 offers
  • Alvarez & Marsal: 6 offers
  • Amazon - AWS Consulting: 6 offers
  • Kearney: 6 offers
  • Goldman Sachs: 6 offers
  • Deloitte: 6 offers
  • Kearney - General Consulting: 6 offers

IIM Bangalore Placements 2023: Company-Wise Lateral Placements 

IIM Bangalore Placements 2023, Company Wise Lateral Placements  are mentioned in the table below:

Name of the Company

Number of Offers

Paytm9
Cogoport8
EXL Services7
Jio Platform5
Lodha Group5
American Express    4
Brillio    4
Zomato    4

IIM Bangalore Placements Year Wise Trends

IIM Bangalore Placements Year Wise Trends are mentioned in the table below:

IIM Bangalore Placement Year

2022

2021

2020

2019

Average Salary INR 33.8 LPAINR 28.98 LPAINR 26.18 LPAINR 24.54 LPA
Median Salary INR 31.2 LPAINR 28.6 LPAINR 25 LPA    INR 23 LPA

IIM Bangalore Placements 2023 Course – Wise

IIM Bangalore Placements 2023 Course – Wise are mentioned in the table below:

Particulars

PGP

EPGP

Number of Students51275
Number of Offers Made60670
Number of Companies16427
Average PackageINR 35.31 LPAINR 33.07 LPA
Median PackageINR 33 LPAINR 32.21 LPA
Top RecruitersBCG, Bain & Co., Accenture, McKinsey & Co., MicrosoftAccenture, KPMG, Wipro, Amazon, Deutsche Bank, Genpact, Samsung

IIM Bangalore Alumni Network

IIM Bangalore Alumni Network into various known and renowned companies are mentioned in the points below:

  • Amazon: 584 employees
  • Accenture: 497 employees
  • Microsoft: 318 employees
  • Infosys: 256 employees
  • Deloitte: 254 employees
  • Unilever: 242 employees
  • EY (Ernst & Young): 230 employees
  • Google: 214 employees
  • BCG (Boston Consulting Group): 176 employees
  • IIM Bangalore: 175 employees
  • Goldman Sachs: 149 employees
  • McKinsey & Co.: 145 employees
  • Bain & Co.: 140 employees
  • Flipkart: 133 employees
  • Kearney: 81 employees

IIM Bangalore Consulting Sector Placements 2023

Below is the table displaying the consulting sector placements for the 2023 batch at IIM Bangalore:

Company    

Company 

Accenture Strategy CN    INR 35 - 45 LPA
Amazon AWS Consulting    INR 45 LPA
Mckinsey    INR 37 - 41 LPA
Bain & Company    INR 33 - 35 LPA
TCS    INR 30 LPA
BCG    INR 38 LPA
KearneyINR 30 - 35 LPA
EY India    INR 25 - 40 LPA
PwC India    INR 28 - 30 LPA
GEP Worldwide    INR 25 LPA
Alvarez & Marsal    INR 33 LPA
Oliver Wyman    INR 36 LPA
Deloitte    INR 31 LPA
Arthur D. Little    INR 36 LPA

IIM Bangalore IT / Product / E-Commerce / Analytics Sector Placements 2023

IIM Bangalore IT / Product / E-Commerce / Analytics Sector Placements 2023 are mentioned in the table below:

Company

CTC 

PaytmINR 20 LPA
MicrosoftINR 45 LPA
CogoportINR 32 LPA
Jio PlatformINR 31 LPA
CiscoINR 24 LPA
BrowserStackINR 45 LPA
Tata PlayINR 23 LPA
UHG- OptumINR 20 - 26 LPA
ZomatoINR 23 - 30 LPA
MyntraINR 26 - 28 LPA
AmazonINR 45 - 49 LPA
FlipkartINR 27 LPA
American ExpressINR 36 LPA
EXL ServicesINR 28 - 32 LPA
JPMCINR 30 LPA

IIM Bangalore Finance Sector Placements 2023

IIM Bangalore Finance Sector Placements 2023 are mentioned in the list below:

  • Goldman Sachs: INR 36 LPA
  • Kotak Mahindra Bank: INR 30 - 40 LPA
  • Avendus Capital: INR 50 LPA
  • Citi Bank: INR 38 LPA
  • IDFC First Bank: INR 20 - 22 LPA
  • Piramal Retail Finance: INR 26 LPA
  • Barclays: INR 30 - 35 LPA
  • HSBC Bank: INR 40 LPA
  • Essar Capital: INR 25 LPA
  • Standard Chartered: INR 45 LPA
  • Arpwood Capital: INR 50 LPA
  • BNP Paribas: INR 33 LPA
  • Gaja Capital: INR 60 LPA
  • Piramal Alternatives: INR 26 LPA
  • Premji Invest: INR 40 LPA
  • Capital One: INR 60 LPA     
     

IIM Bangalore Conglomerate / Operations Sector Placements 2023

IIM Bangalore Conglomerate / Operations Sector Placements 2023 are mentioned in the list below:

  • Company    CTC Offered
  • Adani Group    INR 23 LPA
  • Vedanta    INR 30 LPA
  • CK Birla    INR 23 - 25 LPA
  • RPG Group    INR 24 - 25 LPA
  • Tata Steel    INR 21 LPA
  • Capgemini    INR 23 - 25 LPA
  • Infosys    INR 24 LPA
  • Reliance Industries    INR 25 LPA
  • TAS    INR 28 - 33 LPA
  • Bajaj Finserv    INR 28 LPA
  • Aditya Birla Group    INR 26 - 27 LPA
  • Cogoport    INR 32 LPA
  • Emaar Group    INR 1.15 Cr
  • JSW    INR 23 - 25 LPA
  • OLA Electric    INR 22 - 28 LPA
  • Delhivery    INR 26 LPA

IIM Bangalore Sales & Marketing Sector Placements 2023

IIM Bangalore Sales & Marketing Sector Placements 2023 are mentioned in the list below:

  • Asian Paints    INR 28 - 30 LPA
  • Samsung    INR 25 LPA
  • Navi    INR 45 LPA
  • Nestle    INR 33 LPA
  • ITC    INR 33 LPA
  • Mondelez International    INR 32 LPA
  • Procter & Gamble    INR 33 LPA
  • Coca-Cola    INR 28 LPA
  • Haleon    INR 26 LPA
  • HCCB    INR 25 LPA
  • Pidilite    INR 29 - 30 LPA
  • Wipro Consumer Care    INR 30 LPA
  • Airtel    INR 30 LPA
  • Colgate Palmolive    INR 33 - 34 LPA
  • Dabur    INR 28 - 30 LPA
  • Hindustan Unilever    INR 34 LPA
  • Kimberly Clark    INR 30 LPA

IIM Bangalore Vs IIM Calcutta Vs IIM Indore Vs FMS Delhi Vs IIM Kozhikode

The Top IIM Comparison IIM Bangalore Vs IIM Calcutta Vs IIM Indore Vs FMS Delhi Vs IIM Kozhikode are mentioned in the table below:

CollegeAverage Placement (INR)
IIM Bangalore35.31 LPA
IIM Calcutta35.07 LPA
IIM Indore30.21 LPA
FMS Delhi34.1 LPA
IIM Kozhikode31.02 LPA

IIM Bangalore Placements Past Year Data

Placements 2021

 PGP + PGPBA 2020-22 Placement

Particular

Number

No. of Students

525

No. of Offers Made

532

No. of Offers Accepted

517

Opted Out

08

PGP Placement 2019-21 

Particular

Number

No. of Students

440

No. of Offers Made

481

No. of Companies

120

Pre-Placement Offered Made + Accepted

193+160

Lateral Placement Offers Made + Accepted

110+98

Overseas Offers

8

Opting Out of Placements

9

No. of Offers During the Final Placement Week

178+173

Salary Package Details

Summary

In INR

Median Salary

28.60 LPA

Average Salary

28.98 LPA

Sectorwise Breaup for Summer Placements

IIM Bangalore

Sectowise Breakup - Final Placements

IIM Bangalore

EPGP Placement 2020-21

Particular

Number

No. of Companies

30

Class Size

73

No. of Offers

61

Number of Accepted Campus Offers

55

Number of Off-Campus Offers

8

Number of Students Starting Own Venture

0

Salary Package Details

Summary

In INR

Median Salary

26 LPA

Average Salary

26.08 LPA

PGPPM Placements 2020-21

Particular

Detail

Eligible Students

8

Students Placed

2

Average Salary

INR 19 LPA

Top Recruiters and Final Placements

IIM Bangalore

Indian Institute of Management (IIM) Top Recruiters

Dell Dell
3i infotech 3i infotech
American Express American Express
Bank of America Bank of America
Cognizant Cognizant
Citigroup Citigroup
Cadbury Cadbury
Boston Consulting Group Boston Consulting Group
Boston Analytics Boston Analytics
booz and company booz and company
axis bank axis bank
Deloitte Deloitte
Deutsche Bank Deutsche Bank
Dr.Reddy’s Laboratories Ltd Dr.Reddy’s Laboratories Ltd
essar group essar group
Futures First Futures First
goldman sachs goldman sachs
Hindustan Unilever Limited Hindustan Unilever Limited
IBM IBM
ICICI Bank ICICI Bank
inductis inductis
infosys infosys
Intel Technology India Pvt Ltd Intel Technology India Pvt Ltd
Indian Oil Corporation Ltd (IOCL) Indian Oil Corporation Ltd (IOCL)
ITC ITC
Larsen & Toubro Ltd. Larsen & Toubro Ltd.
McKinsey & Co McKinsey & Co
microsoft microsoft
morgan stanley morgan stanley
Google Google
ntpc ntpc
ongc ongc
oracle oracle
pwc pwc
shell technology shell technology
siemens siemens
TCS TCS
ubs ubs
NetAmbit NetAmbit
Vidyatech Solutions Pvt. Ltd. Vidyatech Solutions Pvt. Ltd.
A.T. Kearney India A.T. Kearney India
Adventity BPO India Pvt. Ltd. Adventity BPO India Pvt. Ltd.
Aviva Aviva
Bain & Company India Private Limited Bain & Company India Private Limited
Diamond Consulting - PwC Diamond Consulting - PwC
Educomp Solutions Ltd. Educomp Solutions Ltd.
John Deere India Ltd John Deere India Ltd
NDTV NDTV
PUMA PUMA
Reckitt Benckiser (I) Pvt. Ltd Reckitt Benckiser (I) Pvt. Ltd
Standard Chartered Bank Standard Chartered Bank
TAVANT TECHNOLOGIES TAVANT TECHNOLOGIES
TSMG TSMG
Accenture Accenture
ArcelorMittal ArcelorMittal
Asian Paints Asian Paints
BNP Paribas BNP Paribas
HCL Technologies HCL Technologies
HT Media HT Media
ICICI Securities ICICI Securities
Sapient Sapient
Sasken Communication Technologies Ltd Sasken Communication Technologies Ltd
Aditya Birla Group Aditya Birla Group
Barclays Bank Barclays Bank
Bharti Airtel Bharti Airtel
BioCon (P)Ltd. BioCon (P)Ltd.
Bosch Ltd Bosch Ltd
Britannia Industries Britannia Industries
CAP Gemini CAP Gemini
Caterpillar Caterpillar
CNBC CNBC
Coca-Cola (HR) Coca-Cola (HR)
Ernst & Young Ernst & Young
Edelweiss Edelweiss
Genpact Genpact
Hewitt Technologies Hewitt Technologies
Honeywell Honeywell
iGATE patni iGATE patni
ING-VYSYA ING-VYSYA
ISRO ISRO
Johnson & Johnson Johnson & Johnson
Mahindra & Mahindra Mahindra & Mahindra
PHILIPS PHILIPS
Reliance Industries Ltd. Reliance Industries Ltd.
ROYAL BANK OF SCOTLAND ROYAL BANK OF SCOTLAND
SAP SAP
SONY INDIA SONY INDIA
TATA MOTORS TATA MOTORS
US Technologies US Technologies
Bloomberg Bloomberg
Capital One Financial Services Capital One Financial Services
Castrol India Ltd Castrol India Ltd
Colgate Palmolive India Ltd. Colgate Palmolive India Ltd.
CRISIL CRISIL
DSP Merrill Lynch DSP Merrill Lynch
GE Money GE Money
Heinz India Ltd. Heinz India Ltd.
ICRA ICRA
IDBI Bank IDBI Bank
Lodha Group Lodha Group
N. M. Rothschild & Sons N. M. Rothschild & Sons
NIIT Ltd NIIT Ltd
Procter & Gamble Procter & Gamble
State Bank of India State Bank of India
SEBI SEBI
Tata Administrative Service Tata Administrative Service
Temasek Holdings Temasek Holdings
Angel Broking Angel Broking
Aranca Aranca
Arthur D. Little Arthur D. Little
CSC India CSC India
Cypress Cypress
Glaxo Smithkline Consumer Ltd (GSK) Glaxo Smithkline Consumer Ltd (GSK)
Glenmark Pharmaceuticals Ltd Glenmark Pharmaceuticals Ltd
Hinduja Group Hinduja Group
KPMG India KPMG India
Macquarie Bank Macquarie Bank
Muruguppa Group Muruguppa Group
Ocwen Financial Services Ocwen Financial Services
Reuters Reuters
RPG Enterprises RPG Enterprises
UAE Exchange UAE Exchange
Axis Bank Axis Bank
Miebach Consulting Miebach Consulting
Chep Chep
Enzen Enzen
Feedback Ventures Feedback Ventures
Zinnov Zinnov
Winshuttle Winshuttle
Al Ghanim Al Ghanim
Baring Private Equity Partners Baring Private Equity Partners
GE Commercial GE Commercial
Directi Directi
Kotak Group Kotak Group
Rediff Rediff
Trilogy Trilogy
Tata Honeywell Tata Honeywell
IFCI IFCI
GAIL GAIL
Mercer Human Resource Consulting Mercer Human Resource Consulting
Global eProcure Global eProcure
Emergent Ventures India Ltd Emergent Ventures India Ltd
Freudenberg Freudenberg
Oliver Wyman Oliver Wyman
HSBC Bank HSBC Bank
Wipro Technologies Wipro Technologies
Jaypee Capital Jaypee Capital
Lebua Group Lebua Group
Nokia Nokia
Riverbridge Investment Bank Riverbridge Investment Bank
Roulac Global Services Roulac Global Services
Technopak Advisors Pvt Ltd. Technopak Advisors Pvt Ltd.
Hay Consultants India Pvt. Ltd Hay Consultants India Pvt. Ltd
BPCL (Refinery) BPCL (Refinery)
Hewlett Packard, Analytics Hewlett Packard, Analytics
Quetzal Online Quetzal Online
Yahoo! India R & D Yahoo! India R & D
JP Morgan JP Morgan
Dabur India Ltd. Dabur India Ltd.
Pepsi Food Ltd. Pepsi Food Ltd.
Lotus Environments Lotus Environments
Enam Finance and Securities Enam Finance and Securities
Zephyr Peacock Zephyr Peacock
Wipro Corporate Finance Wipro Corporate Finance
VedaCorp VedaCorp
Tally Solutions Tally Solutions
Spire world Spire world
Sabre Capital Sabre Capital
Sabre Airlines Sabre Airlines
Result Result
Q-equip Associates Q-equip Associates
Noble Noble
Mindswork Consulting Mindswork Consulting
Math Quotient Math Quotient
Mape Advisory Mape Advisory
Loreal Loreal
Infoedge Infoedge
iMarketing Advantage iMarketing Advantage
Imac Imac
IFMR IFMR
IDG Ventures IDG Ventures
Alvarez and Marsal Alvarez and Marsal
Artha Money Artha Money
Actis Actis
Aloe Group Aloe Group
Artherstone One Capital Artherstone One Capital
Arvin Meritor Arvin Meritor
AT&T AT&T
Audax Group Audax Group
Bank of Muscat Bank of Muscat
Barings India Barings India
Blackstone Group Blackstone Group
British Petroleum British Petroleum
ChrysCapital ChrysCapital
Clear Capital Clear Capital
Development Bank of Singapore Development Bank of Singapore
Diageo Diageo
Elara Capital Elara Capital
ePlant Ventures ePlant Ventures
FinIQ Consulting FinIQ Consulting
Hay Group Hay Group
Greater Pacific Capital Greater Pacific Capital

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