MBA Placement 2023: It is this time of the year, when the aspiring MBA entrants keep a constant check on the Placement Records of Top most MBA institutions of the country , they aspire to get associated with .
Campusutra attempts to present to you the past trends (4 years) and the current year in detail which shall give you a complete idea of the institute’s overall success rate in placements.
Most of the top Business Schools of the country released their placement report for the MBA / PGDM batch 2021 – 23. Some have released the official and final report while some have released interim data. Many more are expected to follow. Let’s take a peek on how they fared this year.
Summer Internship Report (SIP) 2022 – 24 Batch: Most of the top Business schools barring a few have completed summer Internship placements (SIP) for the MBA / PGDM batch 2022-24. This year’s highest SIP was 7.9 Lakh offered in JBIMS Mumbai and 7 Lakh by XLRI Jamshedpur.
This year more than 8 B Schools offer an average salary of more than 30 LPA.
As of now, the highest salary offered in India by IIM Bangalore is Rs. 35.3 Lakh per annum followed by IIM Calcutta Rs. 35.08 lakh per annum; ISB Hyderabad Rs. 34.2 Lakh per annum; FMS Delhi Rs. 34 Lakh per annum and so on. In the private MBA Colleges category the highest average salary offered by ISB Hyderabad Rs. 34.2 LPA followed by SPJIMR Mumbai is Rs. 33 LPA; XLRI Jamshedpur 32.7 LPA. The average salary of Rs. 29 Lakh per annum declared by IIM Indore.
TISS Mumbai is on the top place followed by FMS Delhi and JBIMS Mumbai. Performances of most of these top sets of business schools reflect significant improvement according to the interim/final placement data, and have been above par till now. An increase in the average salary by 10-25% has been witnessed compared to the past 2 years, despite the pandemic and slowdown worldwide.
* Include Hostel fees ** INR in Lakh
IIM Bangalore Placements 2023: IIM Bangalore (Indian Institute of Management Bangalore) one of the leading Management Institute and NIRF Ranked 2 – ( As per this year’s Ranking for Management Category) – released the final Placements for the MBA and MBA- Business Analytics (MBA BA) for 2021 2023 batch .
The average salary offered is Rs. 35.31 Lakh per annum which is highest in the country, the median salary offered is Rs. 33.0 Lakh per annum.
ISB Placement 2023: The recently concluded placements for the Post Graduate Programme in Management (PGP) Class of 2023 at the Indian School of Business (ISB) saw recruiters across sectors hiring in large numbers. Despite the global economic uncertainty and the predicted slowdown, 222 recruiting companies made 1,578 offers to students. About 73% of those placed were able to shift functions while 79% moved to a new sector, thereby making meaningful moves towards building careers of their choice. The average annual accepted CTC stood at Rs 34.21 lakh – a 2.5 times increase from the average pre-ISB CTC of Rs. 13.39 lakh.
XLRI Placements 2023: XLRI Jamshedpur average salary is 32.7 LPA which is the 3rd highest in private B Schools in India.
Top B Schools by ROI (fees vs 2 years of Avg CTC)
* Include Hostel fees ** INR in Lakh
MBA Placement 2023. SIP Report 2024
|MBA Colleges||Fees**||Avg CTC 2020**||Avg CTC 2021**||Avg CTC 2022**||Avg CTC 2023**|
|DMS IIT Delhi||9.6||22.29||18.47||22||N.A|
|SBM NMIMS Mumbai||23||17.79||18.3||23||26.6|
|VGSoM IIT KGP||11.5*||18.79||18.1||18.1||22|
|DoMS IIT Madras||7.2||13||13||14.38||16.5|
|IME IIT Kanpur||3.6||12.77||11.02||12.77||16.5|
|FORE School of Management||16.98||10.8||10.7||14||14.5|
|GLIM C PGDM||18.5||10.5||11||12.5||14|
|GLIM G PGDM||16.5||9.2||10||N.A||13|
XLRI Jamshedpur average salary is 32.7 LPA which is the 2nd highest in private B Schools in India.