MBA Placement 2023 : Leading MBA institutions in India have successfully concluded their MBA placement process for the 2023 graduating class. Once more, the MBA placement outcomes from these prestigious colleges have delivered promising results, with the highest package reaching an impressive 115 LPA. Both domestic and international candidates eagerly await the placement statistics from renowned institutions like IIMs, IIFT, FMS, MDI, SPJIMR, IMI, JBIMS, SIBM, and others. This article provides the most up-to-date insights into MBA placements for the 2023 batch.
Despite economic challenges and the ongoing COVID-19 pandemic, this year's MBA placement data indicates a rise in job offers. Notably, sectors such as Consulting, Technology, and BFSI continue to dominate the placement landscape across various institutes. Below, we present the key highlights from the final placement process of select top B-schools in India for 2023.Name of IIM | Highest CTC | Average CTC |
IIM Ahmedabad | INR 115 LPA | INR 34.36 LPA |
IIM Bangalore | to be updated | INR 35.31 LPA |
IIM Calcutta | to be updated | to be updated |
IIM Lucknow | to be updated | to be updated |
IIM Kozhikode | to be updated | to be updated |
IIM Indore | to be updated | to be updated |
IIM Shillong | to be updated | to be updated |
IIM Rohtak | to be updated | to be updated |
IIM Ranchi | to be updated | to be updated |
IIM Raipur | to be updated | to be updated |
IIM Tiruchirappalli | to be updated | to be updated |
IIM Kashipur | to be updated | to be updated |
IIM Udaipur | to be updated | to be updated |
IIM Nagpur | to be updated | to be updated |
IIM Vishakhapatnam | to be updated | to be updated |
IIM Bodh Gaya | to be updated | to be updated |
IIM Amritsar | to be updated | to be updated |
IIM Sirmaur | to be updated | to be updated |
IIM Sambalpur | to be updated | to be updated |
IIM Jammu | to be updated | to be updated |
Name of the IIM | Highest International CTC |
IIM Indore | INR 56.80 LPA |
IIM Calcutta | INR 80 LPA |
IIM Lucknow | INR 56 LPA |
IIM Ahmedabad | INR 115 LPA |
IIM Kashipur | INR 48.50 LPA* |
IIM Udaipur | INR 33.00 LPA* |
IIM Ranchi | INR 59.36 LPA* |
IIM Sambalpur | INR 58.00 LPA* |
Also Read: MBA Admission 2024
Features | Details |
Highest salary offered | INR 115 LPA |
Average salary offered | 34.36 LPA |
Number of participating companies | 188 |
Top recruiting companies | McKinsey and Company, BCG, (made highest number of offers) |
Total number of offers made | 280 |
Features | Details |
Average CTC | INR 35.31 LPA |
Median CTC | INR 33 LPA |
Number of companies participated | 164 |
Number of students | 512 |
Number of offers made | 606 |
Top recruiters | BCG, Bain & Company, McKinsey & Company, Microsoft, TCS, among others |
Features | Details |
Average CTC offer | INR 34 LPA |
Median CTC offer | INR 31 LPA |
Total number of recruiters | 172 |
Total number of students | 465 |
Total number of job offers | 631 |
Top recruiting domain | Consulting (49%) |
Top recruiters | Accenture Strategy, Bain & Company, Boston Consulting Group, EY Parthenon and McKinsey & Company |
Features | Details |
Highest international CTC offered | INR 61.59 LPA |
Highest domestic CTC offered | INR 58.00 LPA |
Average CTC offered | INR 26 LPA |
Total number of offers | 534 |
Total number of students | 491 |
Features | Details |
Highest salary offered | INR 49.00 LPA |
Average salary for top 100 students | INR 37.95 LPA |
Average salary offered | INR 25.01 LPA |
Number of recruiters | 180 |
Number of students | 572 |
Top recruiting domain | Finance (20 %) |
Features | Details |
Highest international salary offered | INR 80.00 LPA |
Highest domestic salary offered | INR 46.50 LPA |
Average domestic salary offered | INR 25.16 LPA |
Median salary offered | INR 25.00LPA |
Total number of recruiters | 82 |
Number of international offers | NA |
New recruiters | Accenture Strategy, Asian Paints, AU Small Finance Bank, CarDekho, Dell Technologies, Deloitte, Emami, EY, HCCB, Jio Platforms, Mars, Narayana Health, NFIL, Nucleus Software, Optum, RBL Bank, Searce, State Street and Udaan |
Sector-wise maximum hiring | Consulting (25 per cent) |
Features | Details |
Highest salary offered | INR 58.00 LPA |
Average Salary Offered | INR 32.40 LPA |
Median Salary Offered | INR 30.00 LPA |
Number of students participated | 257 |
Number of offers made | NA |
Number of recruiters | 120+ |
Top Recruiters | Accenture Strategy, Adobe, Amazon, Bain & Co., Boston Consulting Group, Citibank |
Features | Details |
Highest international salary | NA |
Highest domestic salary | Over INR 60 LPA |
Average domestic salary | INR 30.70 LPA |
Median domestic salary | INR 30.00 LPA |
Number of candidates | 427 |
Number of offers made | 437 |
Total number of participating companies | 99 |
Number of first-time recruiters | 23 |
Features | Details |
Highest salary offered | INR 53.16 LPA |
Average salary offered | INR 32.05 LPA |
Median salary offered | INR 30.10 LPA |
Total number of students | 238 |
Total number of participating companies | 70 |
Number of PPOs | 123 |
Number of first time recruiters | 33 |
Features | Details |
Highest domestic salary offered | INR 1.14 CPA |
Average salary offered | INR 26.07 LPA |
Median salary offered | INR 23.50 LPA |
First time recruiters | 32 |
Number of participating companies | 85 |
Top recruiting sector | Consulting (41% offers) |
Features | Details |
Highest domestic salary offered | INR 62.00 LPA |
Average salary offered | INR 15.28 LPA |
Median salary offered | INR 14.00 LPA |
Top recruiting sector | IT/ITES (28 per cent) |
Total number of PPOs | 64 |
Features | Details |
Highest salary offered | INR 26.50 LPA |
Average salary offered | INR 14.33 LPA |
Median salary offered | INR 15.00 LPA |
Number of Participating companies | 251 |
Number of job offers | 431 |
Also Read: MBA Salary in India 2023
MBA institute | Highest CTC | Average CTC |
FMS Delhi | INR 58.00 LPA | INR 32.40 LPA |
IIFT Delhi | INR 46.50 LPA | INR 25.16 LPA |
XLRI Jamshedpur | Over INR 60 LPA | INR 30.70 LPA |
MDI Gurgaon | INR 1.14 CPA | INR 26.07 LPA |
IMT Ghaziabad | INR 62.00 LPA | INR 15.28 LPA |
SPJIMR Mumbai | INR 53.16 LPA | INR 32.05 LPA |
JBIMS Mumbai | INR 42.00 LPA | INR 27.63 LPA |
MICA Ahmedabad | INR 49.75 LPA* | INR 14.01 LPA* |
IMI Delhi | INR 32.00 LPA | INR 15.23 LPA |
XIMB Bhubaneswar | INR 32.21 LPA | INR 17.54 LPA |
Great Lakes Institute of Management (PGDM) | INR 25.80 LPA | INR 12.50 LPA |
SIBM Pune | INR 45.50 LPA | INR 23.06 LPA |
NMIMS Mumbai | INR 57.65 LPA | INR 23.07 LPA |
ISB Hyderabad | NA | INR 27.13 LPA* |