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Check out the starting salaries of B-school students in India

Graduates from different premier B-schools like Indian Institute of Management(IIM’s), Indian School of Business, Xaviers Institute of Management(XLRI) are joining Indian companies which offer high salaries and lucrative packages. This year, consulting, banking, and IT sector offered some promising job offers withe salaries much above the average salaries in the country.

List of the jobs offered to students from different B-schools.

  1. IIM Calcutta ₹28 Lakh (Average salary)
    With ₹28 lakh average salary per annum, IIM Calcutta recorded its highest ever average salary for a student. 43 students out of a 439 students from IIM Calcutta received job offers with annual pay of ₹54.5 lakh. 25% of the total students from the batch received job offers which are worth more than ₹41.8 lakh per year.
  2. ISB Hyderabad₹26 Lakh (Average salary)
    ISB Hyderabad is one of the top 100 colleges in the world for MBA. Over 1300 job offers are offered to the students of ISB Hyderabad this year with an average salary of ₹26 Lakh per annum. Around 22% of the total job offers are offered by consulting firms such as Deloitte, KPMG, McKinsey & Company. E-commerce and Finance occupied a share of 25% of total job offers. Reliance Industries, Piramal Group, Aditya Birla hired various students for leadership roles from ISB Hyderabad.
  3. Xavier School of Management₹24 Lakh (Average salary)
    All the 359 students have received job offers in the first two days of campus placements. The average salary has increased from 22lakh to 24 lakh this year. Consulting at 26%, Sales & Marketing at 21% and the Banking and Finance Sector(BFSI) at 17% are the top three sectors to hire students from XLRI. Among these BFSI is the one which offered the highest domestic package with ₹50 lakh per annum. Sales & Marketing is the one which offered the highest international offer with ₹58 lakh per annum. KPMG and PwC offered the most number of job offers to the students. This year, XLRI has seen companies like Myntra, Power Finance Corporation, Delhivery, JCB and Diageo issuing offers to the students of XLRI for the first time.
  4. IIM Lucknow₹24 Lakh (Average salary)
    A total of 140 companies have visited IIM Lucknow for the placements this year with the average salary being ₹24 Lakh. The highest international offer offered at IIM Lucknow is 58 lakh per annum while the highest domestic offer is 54 lakh per annum. Africa, USA, Dubai, Qatar are some of the countries which offered jobs to the students of IIM Lucknow.
  5. IIM Kozhikode₹23 lakh (Average Salary)
    A 22% increase from last year in the placements has been seen at IIM Kozhikode with over 400 students being placed to various companies. The average salary is 23 lakh with 27 lakh being the highest salary package offered. Green energy and e-commerce are some of the sectors which offered number of jobs to the students of IIM Kozhikode. Emerging startup sector, the educational sector also hired multiple students this year along with traditional startups firms. A 200% increase in job offers from startups has been seen at this IIM and a 150% increase from the e-commerce firms, hiring around 12.5% of total students from IIM Kozhikode.
  6. IIM Bangalore
    IIM Bangalore students have received over 500 jobs in 3 days during their campus placements. A 6% raise has been observed in job offers during the latest placements drive. The average salaries of the students of IIM Bangalore remain undisclosed. A total of 147 offers are from the consulting firms. Of these, 26 are from Accenture, 23 are from Boston Consulting Group, and 20 are from Bain & Company. Information Technology offered 64 job offers, and 27 offers are given to students for technology consulting roles. Microsoft, TCS, Sprinklr are some of the leading recruiters for IIM Bangalore for technical roles this year. Amazon, Flipkart, Goldman Sachs, and JP Morgan are some of the companies to offer 74 job offers in the e-commerce sector.
  7. IIM Ahmedabad
    Around 50 job offers are issued by consulting firms such as McKinsey & Company, Boston Consulting Group at IIM Ahmedabad this year as part of placements and pre-placements. Accenture Strategy, Bain & Co., Credit Suisse, Goldman Sachs and Deloitte are some of the recruiters to offer jobs this year. Investment banking & markets, Management Consulting, Adivosry Consulting, private equity, and Venture capital & Asses management are some of the cohorts to receive job offers at IIM Ahmedabad. Simlar to IIM Bangalore, IIM Ahmedabad also did not disclose the average salaries.

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