In mba which college in India give minimum package of 10-12 lakhs package?
Hi Shourya,
In India and also in many of the countries around the world, a Master of Business Administration is one of the most sought after and prestigious degrees in the management field to stimulate a better post-graduation career. Particularly in India, MBA is synchronous to great pay and fast career growth opportunity. These are the two primary reasons candidate aim for to pursue a management degree.
With every year passing by, the top and average salary offered by different companies that come for placements in the institutes have been steadily and substantially increasing. Also, Placement reports of the institutes don’t leave any opportunity behind in boasting these statistics as these are one of their most important selling points. The package and the prestigious brands serve as diamonds in their placement reports. However, many of the placement reports released by the institutes do not give an overall perspective of salaries offered. These institutes do not show or purposefully hide their lowest packages offered or percentage of students who come under this lower package bracket. In an effort to bring transparency and make these reports reliable, IIM Ahmedabad started ‘Indian Placement Reporting Standards’ (IPRS) and proposed a standardised way of reporting salary and non-salary information. The data submitted will then undergo a third-party audit process with institutes such as CRISIL thus making the placement reports reliable. The purpose of this is to provide a holistic and trustworthy data for aspirants to make right choices. As of now, only 30 MBA colleges have signed up for it and are abiding by it. However only nine of these colleges have furnished their detailed placement reports.
Different colleges publish their placement reports on different dates. For example, if we take IIMs, the top IIMs: IIM Ahmedabad, IIM Bangalore, IIM Calcutta concluded their placements in February itself but published their placement statistics in the month of September 2019 because they needed to be audited by IPRS.
The table below provides a snapshot of packages offered by companies in different colleges in 2019, here, the colleges which offer minimum package of 10-12 lakhs is only considered.
|
MBA College |
Placement 2019 |
Placement 2018 |
|
IIM Ahmedabad |
TBD |
24.45 |
|
IIM Bangalore |
24.54 |
22.76 |
|
IIM Calcutta |
25.36 |
24.2 |
|
IIM Indore |
20.79 |
18.17 |
|
IIM Kozhikode |
20 |
17.8 |
|
FMS Delhi |
23.1 |
21.1 |
|
IIFT |
20.07 |
19.23 |
|
XLRI, Jamshedpur |
22.35 |
20.1 |
|
SPJIMR, Mumbai |
22.9 |
22.24 |
|
MDI Gurgaon |
20.13 |
19.17 |
|
JBIMS Mumbai |
20.13 |
18.91 |
|
IMI New Delhi |
13.01 |
12.23 |
|
IMT Ghaziabad |
12.5 |
11.6 |
|
IIM Tiruchirappalli |
14.91 |
14.28 |
|
IIM Rohtak |
11.85 |
11.7 |
|
IIM Kashipur |
12.24 |
12.19 |
|
IIM Udaipur |
13.2 |
13.16 |
|
IIM Ranchi |
15.02 |
15.09 |
|
IIM Raipur |
14.53 |
12.45 |
|
SIBM Pune |
17.48 |
16.23 |
|
NMIMS Mumbai |
TBD |
17.6 |
|
TAPMI Manipal |
11.06 |
11 |
|
XIM Bhubaneswar |
14.31 |
12.91 |
|
IIM Shillong |
16.79 |
15.5 |
|
IIM Sambalpur |
TBD |
10.55 |
|
IIM Bodhgaya |
10.9 |
10.6 |
|
IIM Amritsar |
12.2 |
11.02 |
|
IIM Nagpur |
12.35 |
12.1 |
|
IIM Visakhapatnam |
12.61 |
12.07 |
|
FORE New Delhi |
10.8 |
10.4 |
|
GIM Goa |
TBD |
10.61 |
|
IRMA Anand |
14.24 |
11.39 |
|
MICA Ahmedabad |
TBD |
12.3 |
* TBD: To be Declared, and salary is average salary in INR Lakhs
Who receives low packages?Students who are repeating or those who have not been able to perform well in academics are the ones who receive low packages. This might be a debatable topic and different people have their opinion on this. According to my experience, recruiters don’t pay any heed and have no reason to hire you if you haven’t performed well in your academics and extra-curriculars. B-Schools find hard to place such students and at times these students might have to be asked to fill an opt-out form or go for a rolling placement.
All the very best!!
ReplyRelated Questions
Know More about
Odisha Joint Entrance Examination
Admit Card | Application | Result | Cutoff | Counselling | Preparation Tips | Eligibility
Get Updates Brochure
Your Odisha Joint Entrance Examination brochure has been successfully mailed to your registered email id “”.
