How much salary do the last 50 MBA students get at final placements at B Schools like IIM Indore, IIFT Delhi, MDI Gurgaon, SIBM Pune, etc.? - Collegedunia

How much salary do the last 50 MBA students get at final placements at B Schools like IIM Indore, IIFT Delhi, MDI Gurgaon, SIBM Pune, etc.?

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SG
Sanchit Grover Posted On - Feb 23, 2023
MBA Operations, National Institute of Industrial Engineering (2019)

Colleges invite companies for placements on the basis of the preference list created by the students themselves. This means that the most preferred companies visit in the initial days while the least preferred companies visit towards the end. This eventually means that the last of the batch gets placed by mediocre companies.

Now here is a fact, sometimes the companies visiting at the end in order to get higher preference and attract maximum students, offer high packages that are at par with the preferred companies. 

My uncle was a placement coordinator at IIFT a few years ago and gave me an insight into the placement scenario of such B Schools. Numerically speaking if the median salary of a particular B School is X, then the packages offered to the last 59 students would be around 0.6X-0.7X. 

College Name

Median Salary

Salary expected by last 50 candidates 

IIM Indore 

INR 24.09 LPA

INR 16.8 LPA

IIFT Delhi

INR 25.6 LPA

INR 17.9 LPA

MDI Gurgaon 

INR 24 LPA

INR 16.8 LPA

SIBM Pune

INR 20.80 LPA

INR 14.5 LPA

The approximate salary offered to the last 50 candidates of the B Schools you mentioned is around 15-17 LPA.

Kindly note that these figures are based solely on guesses and anecdotes from my juniors, and are just meant to give an idea of the salary.

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