IIM Bangalore India Concludes Placements; Jobs for 516 Students, Average Salary Rs 32.5 lakh

IIM Bangalore India Placements: The placement process for PGP-BA and PGP 2024 at Indian Institute of Management Bangalore (IIMB) has been successfully completed. During the placement week ending February 7, 516 students at IIM Bangalore accepted job offers from 163 firms.

503 students achieved placement, with an additional 13 students placed in a subsequent rolling process. IIM Bangalore revealed the average annual salary to be Rs 32.5 lakh. According to data provided by the institute, a record 29 students have gone abroad with Infosys Consulting (7), Strategy & Middle East (6), Jindal Shadid (5), TransformationX (3), Fast Retailing, EY Parthenon Singapore (2), Landmark Group, Middle East (1), Health City Cayman Islands (2), Japan (1) and JP Morgan Chase London (2) while 487 students will work in India.

The institute admitted that 2024 has been a challenging year in terms of placement drives. Professor Ganesh N Prabhu chairperson, Career Development Services, IIM Bangalore said, “In a tough placement year, we are extremely grateful to Accenture as they reposed their faith in IIMB students by making a record of 58 offers across their three units-Global Networks, India Markets Unit and Data & AI.”

Consulting firms led with 218 offers, followed by finance, banking and investment with 81 offers. IT and e-commerce companies are at par with 49-49 offers. Manufacturing and infrastructure companies received a total of 36 offers, while 30 offers were submitted to groups. Additionally, a total of 28 opportunities were provided to consumer goods and retail firms.

Additionally, analytics and AI firms had 13 offers, while healthcare-related firms had 12 offers.

The 516 offers are detailed below:

This time, consulting firms made the highest number of offers (218), while offers in finance, banking and investments stood at 81. IT firms and e-commerce firms made 49 offers. Manufacturing and infrastructure companies submitted 36 proposals, while conglomerates submitted 30 proposals, and consumer goods and retail companies submitted 28 proposals.

Additionally, analytics and AI firms made 13 offers and healthcare-related firms made 12 offers.

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