IIM Bangalore Final placement for the Batch 2017-19: Overseas Average Salary is INR 62.3 Lac

Indian Institute of Management Bangalore (IIM B) released final placement report for PGP Batch 2017-19. IIM Bangalore placements for the PGP class of 2017-19 witnessed 488 offers rolled out to all 411 students who appeared for placements over two interview days.

The 488 offers were made to students of PGP (409) and FPM (2). This season 129 Companies participated in the placement process. Total Pre-Placement offers made were 170 and Pre-Placement offers accepted 125; Lateral placement offers made / accepted were 142 / 110 respectively. 

A total of 15 overseas offers were made. Overseas average salary offers is INR 62.3 Lac for the batch 2017-19 and last year average was INR 58.20 Lac per annum.

Domestic average salary is INR 24.54 Lac per annum. For the batch 2016-18 average salary was INR 22.76 Lac per annum. 

Pre-Placement Offers were made by companies like Bain & Company and The Boston Consulting Group – 10 each; Accenture Strategy and Amazon – 8 each; A. T. Kearney – 7 and so on.

Accenture strategy made 30 offers followed by The Boston Consulting Group, A. T. Kearney, Bain & Company 14 each; Amazon 12; Deloitte USI 11; EXL 9; Strategy& 9; EY-Parthenon 8; ICICI Bank 8 and so on.

Consulting companies made 161 offers led by Accenture with 31 offers, followed by Deloitte with 25 offers. Others included AT Kearney (14), The Boston Consulting Group (14), Bain & Company (14) and so on.

Technology consulting made 20 offers led by PwC making the maximum of 12 offers followed by Larsen and Toubro InfoTech Consulting (4) and so on.
There were 54 offers overall in the Finance domain. Among global banks, Goldman Sachs made the maximum of 7 offers followed by JP Morgan (4), Deutsche Bank (2), Citibank (2) and so on. 

Conglomerates recruited for their leadership tracks, making 40 offers in general management, with Adani Group leading with 7 offers followed by Tata Administrative Services (6), Aditya Birla Group (6) and so on.

Students opting for Sales and Marketing roles received 47 offers and were recruited by major consumer goods firms led by Anheuser-Busch Inbev (9). Other recruiters included Samsung Electronics (8), Procter & Gamble (4), Nestle (3), Asian Paints (3), Lenovo (3), Wipro Consumer Care (3) and so on.

The 32 offers made in the fast-growing analytics space included EXL Services (9), WNS Global (5). American Express (4), Gartner (4) and so on.
In IT product management domain, among the 41 offers, were Microsoft (7), Reliance Jio (5), Value Lab (4) and so on.

The e-Commerce and online space saw 52 offers with Amazon leading with 16 offers followed by Oyo Rooms (10), Flipkart (8), Myntra (7), Paytm (4) and so on.
Operations roles saw 18 offers – Bharti Airtel (4), Uber (4), Cloudtail (3), Accenture Operations (2) and so on.

About IIM Bangalore: The Indian Institute of Management Bangalore (IIMB) is a leading graduate school of management in Asia. Established in 1973, IIMB offers a range of post-graduate and doctoral level courses as well as executive education programmes. Located in India’s high technology capital, we are in close proximity to some of the leading corporate houses in the country, ranging from information technology to consumer product companies, giving us the added advantage of integrating classroom knowledge with practical experience.

• IIM Bangalore is ranked #1 in the India Rankings 2019 by the National Institutional Ranking Framework (NIRF), Ministry of Human Resources Development, Government of India.
• Post Graduate Programme in Management (PGP): Ranked #1 in India, and among the Top 25 globally by QS World University Rankings 2018. 
• In the Top 5 in Asia Pacific, and among the Top 30 schools globally, by Financial Times in the Master in Management category in 2019. 
• Post Graduate Programme in Enterprise Management (PGPEM): Ranked among the Top 15 in Asia Pacific by QS World University Rankings 2018.

Compare Business School Series 22: IIM N vs IIM Amritsar vs IIM V

This comparative analysis has been made followed by queries received. Let’s take a peek at the facts that matter. All these are 3rd generation IIM’s where the 3rd batch is passing in 2019.

IIM Nagpur vs IIM Visakhapatnam vs IIM Amritsar

All these Business Schools are in tier 3 and are very close to each other in terms of perception. As per recent placement data all these IIM’s are doing well and average salary around 12 Lac per annum which is higher than many 2nd Generations IIM’s like IIM Rohtak, Kashipur and others. All these currently run in temporary campus and are likely to move to new campuses in 2021-22.

Average salary for the batch 2019: IIM Visakhapatnam 12.65 LPA; IIM Nagpur 12.35 LPA and IIM Amritsar 12.20 LPA.

If you are calculating ROI these are better than many old private Business Schools like XIMB, IMT Ghaziabad, IMI Delhi, MICA, FORE School of Management, TAPMI and others.