IIM Bangalore (IIMB) Placements 2023: Highest & Average Salary Package, Top Companies

Noti Dinesh Kumar Reddy

Updated on - Jan 3, 2024

IIM Bangalore placements 2023 have concluded successfully. According to the placement data published by the institute, around 606 offers were made for 512 PGP students who sat for the placement drive in 2023. Around 14 international offers were also made for those students. IIM Bangalore average package in 2023 for PGP and PGPBA students was INR 35.31 LPA, and the median package was INR 33.0 LPA.

Some of the IIM Bangalore top recruiters for the PGP and PGPBA course include reputed companies like Microsoft, Google, Amazon, Adobe, Deloitte, Byjus, Oliver Wyman, Vedanta and Kearney, etc. The highest placement percentage during the Indian Institute of Management Bangalore placements in 2023 was in the Management Consulting role (40%), followed by Corporate Finance and Commercial Banking (14%).

The IIM Bangalore summer placements/ internships for the batch 2022-24 concluded successfully. In the summer placements of 2023-24, 530 students participated and secured 539 offers. Of these, 529 offers were accepted, and one student opted out of the placements.

IIM Bangalore offers the best placement in India for management programs. Another key feature is the placement flexibility. Here’s a look into the placement scenario- GetMyUni Verdict.

Table of Contents

• Placement Highlights
• Top Recruiters
• PGP and PGPBA Placement Statistics
• EPGP Placement Statistics

IIM Bangalore Placement Highlights 2023

IIM Bangalore has consistently been achieving 100% placements. The IIM Bangalore average package and median package for EPGP students during 2023 placements were INR 33.07 LPA and INR 32.21 LPA, respectively. A total of 191 companies have participated in the PGP and EPGP programs' final placements of 2023.

The institute is yet to release the placement data like IIM Bangalore highest package, highest stipend offered, etc. Some highlights of IIM Bangalore placements 2023 for PGP+ PGPBA and EPGP programs are below.

IIM Bangalore Top Recruiters

IIM Bangalore placement drives witness some top companies offering attractive placements yearly. In 2023, Boston Consulting Group offered the most PPOs and final placements, and Paytm made the most lateral offers. Some of IIM Bangalore top recruiters are given below.

IIM Bangalore PGP and PGPBA Placement Statistics 2023

IIM Bangalore placements statistics have shown successive, year-on-year growth. According to the data released by the Indian Institute of Management Bangalore, 512 students were offered 606 placement offers in 2023. Placement statistics like IIM Bangalore salary trend, year-wise number of offers made, sector-wise placements, etc., are shown below.

IIM Bangalore PGP and PGPBA Year-wise Placement Statistics 2023

Given the global situation, IIM Bangalore's final placement was a dream run for this premier institute. The number of students participating in the placement drive and the total offers made during the last five years (2019 to 2023) are given in the table below.

The graph below shows the year-wise number of offers made during IIMB placements of the last five years (2019 to 2023).

IIM Bangalore PGP and PGPBA Salary Trend 2023

The IIM Bangalore median salary has gradually increased from INR 23 LPA in 2019 to INR 33 LPA in 2023. Similarly, the IIM Bangalore average package increased from INR 24.54 LPA to INR 35.31 LPA.

Below is the IIM Bangalore salary trend (average and median salaries) of PGP and PGPBA programs for the last five years.

The following graph shows the average and median package growth for the PGP and PGP-BA course during the last five years.

IIM Bangalore PGP and PGPBA Sector-wise Placements 2023

The IIMB placements in 2023 saw the maximum placement percentage in the Management Consulting sector (40%), followed by Information Technology. The table below shows the statistics of sector-wise students' placement percentage in IIM Bangalore placements 2023.

The following graph shows the IIM Bangalore sector-wise percentage of placements in 2023.

IIM Bangalore PGP and PGPBA Final Placements Top Recruiters 2023

Boston Consulting Group offered the most number of offers, 26 offers, during the IIM Bangalore placements of 2023. Boston Consulting Group is followed by Accenture Strategy CN and Bain and Company (22 offers each).

The company-wise number of offers made during the Indian Institute of Management Bangalore placements in 2023 is below.

IIM Bangalore PGP and PGPBA PPOs Top Recruiters 2023

Boston Consulting Group offered the most pre-placement offers, 20, during the IIM Bangalore placements of 2023. Boston Consulting Group was followed by Bain and Company (18 offers) and McKinsey and Company (11 offers).

The company-wise number of pre-placement offers made during the IIMB placements 2023 are below.

IIM Bangalore PGP and PGPBA Lateral Placements Top Recruiters 2023

Paytm offered the most lateral offers, 9, during the IIM Bangalore placements of 2023. Paytm was followed by Cogoport (8 offers) and EXL Services (7 offers). Below are the company-wise lateral offers statistics during the IIM Bangalore placement in 2023.

IIM Bangalore PGP and PGPBA Other Recruiters

IIM Bangalore has various industrial tie-ups that lead to top-notch placements at the campus. Some of the IIM Bangalore recruiters who have recruited students of PGP and PGPBA are given below.

IIM Bangalore EPGP Placement Statistics 2023

According to the official website, 27 companies from various sectors participated and offered 70 final placement offers for EPGP students in 2023. Other placement statistics like IIM Bangalore salary trends, industry-wise placement statistics, company-wise placements, etc., are in tables and graphs below.

IIM Bangalore EPGP Salary Trend 2023

The average and median salaries of the IIM Bangalore EPGP program have increased over the years. The IIM Bangalore average package increased from INR 29.88 LPA to INR 33.07 LPA in the last four years.

The IIM Bangalore salary trend (average and median salaries) of the EPGP program over the previous four years is tabulated below.

The following graph shows the average and median package growth for the EPGP course during the last four years.

IIM Bangalore EPGP Industry-wise Offers Statistics 2023

The hottest industry in terms of percentage of offers made was IT and ITES with 37%, followed by Consulting standing at 24%. The IT industry offered around 27 offers during the IIM Bangalore placements in 2023.

Below is the overview of the industry-wise recruitment for the EPGP program in 2023.

The graph below shows the industry-wise offers percentage during IIM Bangalore placements in 2023.

IIM Bangalore EPGP Company-wise Offers Statistics 2023

According to the IIM Bangalore placement data of the EPGP program, Accenture offered the most placement offers, followed by Nucleus Software, Samsung, and TVS Motors, which offered four placement offers each. The following table contains statistics of IIM Bangalore company-wise offers made in 2022-23.

IIM Bangalore EPGP Other Recruiters

Companies like Accenture, KPMG, Wipro, EY Consulting, Amazon, Infosys, etc., recruited IIM Bangalore’s EPGP course students. The complete list of IIM Bangalore's top EPGP program recruiters is in the table below.

IIM Bangalore Placement Cell

IIM Bangalore placement cell is an active and dynamic establishment at the institute. The cell prepares students and invites companies/ organisations to participate in the final Indian Institute of Management Bangalore placement drives.

The cell organises seminars, industrial visits, workshops and professional lectures to prepare students for a career as management professionals. The IIM Bangalore placement cell boasts excellent quality education and prepares a workforce that is an asset to the companies that recruit on-campus.

IIM Bangalore Internship 2023

IIM Bangalore internship drives or summer placements are compulsory for all students. The IIMB summer placements are an effective learning tool as they provide practical learning and application of the education at the institute.

The IIM Bangalore internships are provided across all fields, including consulting, IT, Marketing and others. Some of the highlights of the IIM Bangalore internship drive for the batch 2022-24 are below.

IIM Bangalore Internship Top Recruiters 2023

Below is a list of some of IIM Bangalore top recruiters who have participated in the summer internship drive 2023.

IIM Bangalore Internship Statistics 2023

IIM Bangalore internship statistics have been constantly improving every year. Statistics of IIM Bangalore internship, like sector-wise percentage of placements and company-wise number of offers, are given below.

IIM Bangalore Sector-wise Summer Placement Percentage 2023

Most summer placements were offered by the Management Consulting sector (43%) during the internship drive in 2023. Management Consulting sector is followed by Corporate Finance and Commercial Banking sector (14%).

The IIM Bangalore statistics of sector-wise internships offered for the 2022-24 batch have been mentioned below.

The graph below shows IIM Bangalore statistics of the sector-wise percentage of internships offered for the batch of 2022-24.

IIM Bangalore Company-wise Summer Placement Offers 2023

According to the Indian Institute of Management Bangalore placement data, Accenture Capability Network offered the maximum summer placements, 30 offers.

The IIM Bangalore statistics of the company-wise number of summer placement offers offered for the 2022-24 batch of PGP and PGPBA programs are given below.

IIM Bangalore vs IIMA & IIMC

The table below shows the comparison of IIM Bangalore, IIM Ahmedabad and IIM Calcutta placement highlights.