Top B-School placements in 2023
The placement scenario for B-School 2023 according to the NIRF rankings, IIM Ahmedabad and IIM Bangalore and IIM Kozhikode. Nearly, there are about 100+ top B-Schools in India, 64 out of those 100 are private Institutions and 44 are government or public owned, whereas 1 college is public-private organizations.
Generally, main exams that are accepted by the topmost management institutions in India are CAT, XAT and CMAT. IIM Ahmedabad, IIM Bangalore, IIM Indore, IIM Raipur, DMS IIT Delhi, IIM Lucknow, IIM Calcutta, IIM Rohtak and many others are some of the popular colleges with higher track record of placements. Amazon, Apple, Bain & Company, Citigroup, Deloitte, Facebook, Accenture, etc. Are some of the top recruiters for MBA.
- IIM Ahmedabad and IIM Bangalore offers the highest placement package of INR 32 LPA.
- IIM Ahmedabad is the best MBA school in India, then comes the IIM Bangalore and IIM Kozhikode, ranked by the NIRF (National Institutional Ranking Framework).
Eligibility Criteria
Particularly, admission in top B-Schools follow an eligibility criteria which may differ from one college to another college in India. However, following are the important eligibility criteria by the topmost colleges:
- The aspiring candidate must be graduate in any stream or discipline from a recognized university.
- Often B-Schools demand a minimum aggregate of 50% or equivalent CGPA. A minimum aggregate of 45% or equivalent CGPA is required for reserved category students.
- Mostly top management schools admit students through the entrance exams conducted such as CAT, XAT, CMAT, MAT, and many others.
IIM Placement process
The placement process at IIMs includes three major activities
- Summer Placements: Placements for 1st year students in October\November.
- Lateral Placements: Placements for students having prior work experience in month January\February.
- Final Placements: Placements for all graduating students in the month of February\March.
Top MBA colleges in India have have concluded the MBA placements of top B-Schools in India have shown a positive result with 115 LPA being the highest package. So, aspirants in India mostly prefer placement reports of top IIMs and other top B-Schools such as IIFTs, FMS, MDI, SPJIMR, IMI, JBIMS, SIBM, and many more. According to the final placement reports for the batch (2021-2023) released, FMS Delhi with INR 123 LPA, became the B-School with MBA highest package in India.
IIM Placements: Highest International Salary offered
Many IIMs had international offers for the previous batches:
IIM Ahmedabad: INR 1.32 CPA
IIM Indore: INR 89.25 LPA
IIM Lucknow: INR 61.59 LPA
IIM Kashipur: INR 48.50 LPA
IIM Udaipur: INR 33.00 LPA
IIM Ranchi: INR 59.00 LPA
IIM Sambalpur: INR 64.61 LPA
Indian Institute of Management Ahmedabad
In the IIM Ahmedabad placements 2023, nearly 190 companies participated to offer as many as 280 job roles to the MBA batch 2021-23. Top recruiters include McKinsey and Company with maximum offers. Other companies that participated in the IIM Ahmedabad placement drive included Accenture, Boston consulting group, Ernst & Young, among others. The salary figures will be releasing with audited placement report by the Indian Placement Reporting Standards (IPRS).
Indian Institute of Management Bangalore
The final placement process 2023 at IIM Bangalore has been concluded. Approximately 512 students participated and received a total of 606 offers from marquee companies. In 2023, the maximum number of job offers were made in identical to last year of IIM Bangalore Placements, Consulting sector recorded the maximum number of offers with 40 per cent offers from the sector. Among top recruiters, The Boston Consulting Group made a total of 26 offers in the final placements. Other top recruiters in the IIM Bangalore final placements were as follows:
- Bain & Company with 22 offers
- Accenture Strategy CN with 22 offers
- Tata Consultancy Services with 18 offers
- McKinsey & Company with 16 offers
- American Express with 16 offers
- Ernst & Young India with 14 offers
- Cogoport with 11 offers
Indian Institute of Management Calcutta
The IIM Calcutta administered the placement process 2023 for 465 students. Here, the institute saw 573 offers from as many as 190 recruiters. The average salary at the institute saw 573 offers from approximately 190 recruiters. Additionally, the average salary at the institute went up to INR 35.07 LPA from INR 34 LPA in the previous session. Top companies that participated in the IIM Calcutta placement process 2023 include Accenture Strategy, Bain & Company, Boston Consulting Group, EY Parthenon, McKinsey & Company, Amazon, Flipkart, Microsoft, Paytm, etc.
Indian Institute of Management Lucknow
In 2023, IIM Lucknow witnessed 100 per cent placements with maximum recruitment in consulting domain. Top recruiters at IIM Lucknow included Aditya Birla Group, Accenture, Adobe, Alliance Bernstein, Alvarez and Marsal, Amagi, American Express, Asian Paints, Atlassian, Avendus Capital, Axis Group, Bain & Co., Bank of America Merrill Lynch, Barclays, Boston Consulting Group, Blue Yonder, Byju’s, Capgemini, Citi, Colgate Palmolive, Crediwatch, Dalberg, Deutsche Bank, Deloitte, Diageo, Eversana, Ernst and Young, Ernst and Young Parthenon, FinIQ, Flipkart, Gameskraft, Goldman Sachs, GSN Games, HDFC Bank, HSBC, Investec, Kearney, KPMG, Mastercard, McKinsey & Co., Microsoft, Myntra, Navi, Paytm, Pidilite, PricewaterhouseCoopers, RPG, Samsung, Standard Chartered, State Street, Stryker, Vodafone-Idea, Wells Fargo and Xiaomi participated among others.
Indian Institute of Management Indore
IIM Indore placement process 2023 recorded a rise in the average package. The average salary stood at INR 30.21 lakh per annum. While the highest salary package stood at 114 LPA.
Top recruiters this year included Bank of America, Deutsche Bank, Goldman Sachs, HDFC Bank, JP Morgan Chase & Co., Morgan Stanley, Blue Star, NPCI, PhonePe, AB Inbev, Asian Paints, Hindustan Unilever Limited, L’Oreal, Boston Consulting Group, Marico, Amazon, Indiamart, Bain Capability Network among others.
Indian Institute of Foreign Trade Delhi
IIFT Delhi Final placements for 2024 batch witnessed 100 percent recruitment with average CTC of INR 29.1 lakh per annum, whereas the highest international CTC offered stood at INR 85.4 lakh per annum, whereas the highest domestic CTC offered stood at INR 75.6 lakh per annum. Sales and Marketing firms made the maximum offers (22 per cent).Top recruiters in this domain included Accenture Strategy, Deloitte Consulting, EY, Infosys, Mckinsey & Co, Optum Advisory, Shangrila Corporate Services, Thoucentric, Wipro, ZS Associates among others.
Almost every year, NIRF ranking are posted by the annual data which is gathered by the framework. Hence, graduation rate, research and professional practices, learning and teaching resources, and the overall impression including their track record of students placed on campus of the institution are the major factors that are taken into consideration before ranking them in the annual list.