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Placements at IIM Bangalore 2024
The Indian Institute of Management Bangalore’s placement season has started. As a top business school, IIM Bangalore is known for providing its students with outstanding career opportunities. This article explores IIM Bangalore’s placement scenarios, including the analysis and placement procedure.
Placement Report for IIM Bangalore 2024
The report was formally released by the Indian Institute of Management Bangalore. In-depth statistics regarding summer placement at IIM Bangalore were mentioned in the report. The initial career paths of IIMB students are significantly shaped by their summer placements. In addition to offering work experience, the summer placement provides a platform for experimentation, education, and networking with industry professionals.
IIM Bangalore’s summer placement program seeks to give students an opportunity to apply what they have learned in the classroom to real-world situations. It improves abilities like strategic thinking, project management, etc. Additionally, it benefits students by giving them the chance to connect with professional networks and industry leaders.
Placements at IIM Bangalore 2025
With the largest batch of 595 students receiving 650+ offers, IIM Bangalore shattered all previous placement records. All 595 students who applied for placements were placed in 176 firms during the Indian Institute of Bangalore’s (IIMB) Lateral and Final Placements for the PGP and PGPBA Class of 2023–2025.
The table below lists IIM Bangalore’s industry-specific offers:
| Domain | No. of Firms | No. of Offers |
| Management Consulting | 32 | 245 |
| IT Software/Analytics/Product Management | 34 | 80 |
| Finance/Banking/Investments | 41 | 79 |
| E-commerce/Payments/Telecom/Logistics | 19 | 70 |
| Manufacturing/Construction/Energy | 19 | 38 |
| FMCG/Retail | 16 | 37 |
| Conglomerates | 8 | 23 |
| Healthcare/Education | 8 | 23 |
Average Package for IIM Bangalore in 2024
The impressive growth of the IIM Bangalore average package for PGP and PGP BA graduates demonstrates the high demand for IIMB graduates across industries.
| Placement Category | Average Package (INR LPA) |
| Average Package | 35.92 |
| Median Package | 32.50 |
Note: According to the report, the figures represent the average package offered during the placement season.
Executive MBA Placements at IIM Bangalore 2024
The IIM Bangalore executive program placement details are shown in the table below.
| Summary | Remuneration Details (in Lakhs) |
| Median Salary | 33.00 |
| Mean Salary | 34.33 |
Summer Placements at IIM Bangalore 2024
Offers from a range of industries were distributed fairly at IIM Bangalore. The manufacturing, IT, and FMCG industries trailed behind the consulting and finance sectors.
Sector-wise summer placements at IIM Bangalore make a breakthrough
| Sectors | % |
| Consulting | 26 |
| Finance/Banking/Investment | 22 |
| FMCG/Retail | 11 |
| Manufacturing/Construction/Energy | 9 |
| Ecommerce/Payments/Telecom | 7 |
| IT Software/Service/Security | 7 |
| Conglomerates | 7 |
| Foundations/Governance/Education | 5 |
| Healthcare | 3 |
| Analytics/AI/ML | 2 |
Top recruiters for summer placements at IIM Bangalore
Students were offered top-tier positions by some of the most prominent companies that took part in the placement drive. The top recruiters at IIM Bangalore are listed here.
| Companies | # of offers |
| Accenture Strategy | 45 |
| Bain & Company | 17 |
| Boston Consulting Group | 17 |
| EY Parthenon | 15 |
| PwC | 12 |
| Amazon | 11 |
| TCS Strategic Leadership Program | 11 |
| Hindustan Unilever | 10 |
| McKinsey & Company | 10 |
| Tata Steel | 10 |
| Nation with NaMo | 9 |
| Procter & Gamble | 9 |
| Aditya Birla Group | 8 |
| Kearney | 8 |
| Vedanta | 8 |
Details of IIM Bangalore’s Compensation
| Summary of Compensation | (in lakhs) |
| Median Salary | 32.50 |
| Average Salary | 35.92 |
The Placements Process at IIM Bangalore
At IIMB, the planning phase started well in advance of the real hiring season. The institutions make significant investments in getting their students ready for placements.
Pre-placement preparation consists of:
- Workshops and seminars: these include classes on interviewing, personal branding, and resume construction.
- Group discussions and mock interviews: these sessions, which are led by alumni and industry professionals, give students confidence boosts and constructive criticism for future development.
- Programs for skill enhancement include enrolling in or attending classes on advanced technologies, data analytics, and other specialized skills associated with a given field, among other things. Students benefit from staying up to date on industry trends and becoming more efficient.
Campus Recruitment Drive: There are several rounds during the campus placement season to give students equitable opportunities to demonstrate their abilities. During the placement seasons, the following rounds and procedures are held:
- Resume shortlisting: recruiters look over the students’ resumes, emphasizing their extracurricular activities, work history, and academic standing.
- Written tests and group discussions are used to evaluate the candidate’s communication and analytical abilities.
- The purpose of case and personal interviews is to evaluate a candidate’s capacity for problem-solving, leadership, and cultural fit. Case studies, technical interviews, behavioral interviews, and other types of interviews are among the rounds in this process.
- The last step, which includes offer negotiation and acceptance, is final selection and negotiation. Transparency and alignment of offers with students’ expectations are guaranteed by the students and placement coordinators.
A group of career services experts assist the IIMB and its students during the placement season by providing the following support:
- Interactions with the company: they communicate with recruiters to comprehend the constantly changing demands of the actual market.
- Alumni Engagements: they offer chances to connect with former students in order to obtain industry insights and mentorships.
- Events held on campus: they host panels and pre-placement lectures to introduce students to new possibilities and difficulties.
Trends and Analysis of IIM Bangalore Placements
There were a number of significant trends in the Indian Institute of Management Bangalore’s 2024 placement scenarios. A few of these are listed below:
- Diverse Recruiting: In 2024, hiring parties were more varied because they included representatives from both established industries, like banking and consulting, as well as up-and-coming industries, like fintech and digital marketing. It illustrates the wide range of skills that IIM Bangalore graduates possess.
- Focus on digital and analytics: In 2024, there was a notable surge in offers from businesses seeking to develop and enhance their analytics infrastructure and digital capabilities.
- Geographical Spread: This year’s placement included positions in tier-2 cities and foreign locations, enhancing the IIMB talent pool’s appeal on a global scale, but there were still plenty of opportunities in important financial and technology centers.
Overall Performance Analysis for Placements at IIM Bangalore
Below is the placement metric’s overall performance analysis:
- Appealing Compensation Package: The batch’s placement package, particularly the average full-time package, was very competitive. Nonetheless, they emphasized the IIMB’s standing as India’s best business school.
- Premium offers: A number of well-known recruiters made above-average packages as part of their premium offers. These offers were made for positions requiring leadership skills or specialized knowledge.
- Summer Placement Opportunities: Summer internship programs are becoming more popular in addition to full-time placements. Its purpose is to expose students to the operational challenges of any organization and give them practical experience. For students, it is a step forward in developing their careers.
Conclusion of IIM Bangalore Placements 2024
With top recruiters, generous compensation packages, and a seamless placement process that guarantees excellent job opportunities for students, IIM Bangalore Placements 2024 solidifies its standing as a premier business school. Along with a robust demand in consulting and finance, this year saw an increase in roles related to digital, analytics, and fintech. Additionally, job offers were extended to international and tier-2 cities. The high value of IIMB graduates is demonstrated by their average salary of ₹35.92 LPA and median salary of ₹32.50 LPA, while internships and executive placements provided students with invaluable practical experience.