Indian Institute of Management, Bangalore2024 Placement Report
Indian Institute of Management, Bangalore: 2024 Placement Report
IIM Bangalore (IIM B) 2024 placement report: CTC, recruiters, and sector data from the official release.
Numbers
Editorial review
Indian Institute of Management, Bangalore's 2024 placement cycle: 517 students received 572 offers from 163 recruiters for the PGP & PGPBA batch of 2022-24, with a median CTC of Rs 32.50 lakh; Consulting led sector share at 42%; median CTC fell −1.5% versus the prior year. The longer reading and numbered takeaways below unpack what that means for sector mix, recruiter depth, and how to read average versus median.
Consulting dominated final placements for the PGP & PGPBA batch of 2022-24 at 42% of offers, more than 2.5 times the next largest category, Finance/Banking/Investments at 16%, with Ecommerce/Payments/Telecom and IT Software/Services/Security tied at 9% each. Accenture GN led recruiters by a wide margin with 48 offers, more than double the next firm, McKinsey & Company at 21, followed by Boston Consulting Group (14) and Oliver Wyman (11); the presence of Accenture under two separate business units (GN and IMU) in the top recruiter list underscores how concentrated the hiring was within a handful of large consulting franchises.
With 572 offers against 517 students, the batch averaged 1.11 offers per student, and across 163 recruiters that comes to roughly 3.5 offers per recruiter. Twenty-nine overseas offers made up about 5.1% of the total, the highest international share recorded in this series, including named placements in the Middle East and Oman per the source. Average compensation of Rs 35.92 lakh ran well above the Rs 32.50 lakh median, indicating a meaningfully right-skewed distribution with a higher-paying tail.
Pre-placement offers were substantial at 247 made and 203 accepted, far outweighing the 83 lateral placement offers made (71 accepted).
Key takeaways
Median CTC fell 1.5%
Median CTC fell from ₹33 LPA in the prior cycle to ₹32.50 LPA this year (−1.5%). That is a modest change for Indian Institute of Management, Bangalore aspirants reading this report as a signal of typical outcomes, especially for median, which is less skewed by a handful of outlier offers than average or highest CTC.
Average CTC rose 1.7%
Average CTC rose from ₹35.31 LPA in the prior cycle to ₹35.92 LPA this year (+1.7%). That is a modest change for Indian Institute of Management, Bangalore aspirants reading this report as a signal of typical outcomes, especially for median, which is less skewed by a handful of outlier offers than average or highest CTC.
Consulting led the batch at 42%
Consulting accounted for 42% of offers, the largest sector share in this 2024 report. The next sector, Finance/Banking/Investments, sat at 16%, so the gap between first and second is 26 percentage points. If your target function sits outside this lead sector, treat the headline placement rate as a campus-wide figure rather than a guarantee for your preferred cohort.
Top two sectors took 58% of offers
Consulting and Finance/Banking/Investments together made up 58% of offers, a concentrated recruiter mix. Ecommerce/Payments/Telecom was a distant third at 9%. Concentration is not automatically good or bad, but it does mean batch-level averages can mask thinner opportunity in secondary functions.
29 international offers (5.1%)
29 of 572 offers were international (5.1%). That share is large enough to notice, but still a minority of outcomes. Crore-plus overseas headlines, when they appear, usually sit in this thin tail rather than in the median.
163 recruiters, led by Accenture GN
163 firms participated for 572 offers, about 3.5 offers per recruiter on average. Accenture GN topped the named list, followed by McKinsey & Company, Boston Consulting Group, and Oliver Wyman. Offer concentration among a few brand-name firms is common at top campuses; check whether your target employers actually appear in this list rather than assuming brand gravity alone.
Sector split
Hover a slice to view the percentage / count split
Top recruiters
Frequently asked questions
How did average CTC compare with the median in 2024?
Average CTC was ₹35.92 LPA and median was ₹32.50 LPA. The average sits above the median, so a smaller set of higher offers pulled the mean up relative to a typical package.
How significant were international offers in 2024?
29 of 572 offers were international (5.1%).
Which program does this 2024 report cover?
This page covers PGP & PGPBA, Batch 2022-24 at Indian Institute of Management, Bangalore.
Where do these placement figures come from?
Every number on this page is transcribed from Indian Institute of Management, Bangalore's own published materials. Open the source link under the title for the original document.
Notes
Consulting dominated final placements for the PGP & PGPBA batch of 2022-24 at 42% of offers, more than 2.5 times the next largest category, Finance/Banking/Investments at 16%, with Ecommerce/Payments/Telecom and IT Software/Services/Security tied at 9% each. Accenture GN led recruiters by a wide margin with 48 offers, more than double the next firm, McKinsey & Company at 21, followed by Boston Consulting Group (14) and Oliver Wyman (11); the presence of Accenture under two separate business units (GN and IMU) in the top recruiter list underscores how concentrated the hiring was within a handful of large consulting franchises.
With 572 offers against 517 students, the batch averaged 1.11 offers per student, and across 163 recruiters that comes to roughly 3.5 offers per recruiter. Twenty-nine overseas offers made up about 5.1% of the total, the highest international share recorded in this series, including named placements in the Middle East and Oman per the source. Average compensation of Rs 35.92 lakh ran well above the Rs 32.50 lakh median, indicating a meaningfully right-skewed distribution with a higher-paying tail.
Pre-placement offers were substantial at 247 made and 203 accepted, far outweighing the 83 lateral placement offers made (71 accepted).