IM Bangalore placements report for 2023 reveals that the median salary is INR 33.00 lakhs and the average salary is INR 35.31 lakhs. Once again, Management Consulting was the preferred domain, with 42% of the batch opting for roles in the sector. BCG was the top recruiter during final placements, extending 26 offers to the batch. Other Consulting firms like Bain and Company and Accenture Strategy were also amongst the top recruiters. Here's a quick breakdown of IIM Bangalore's 2023 placement report.
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IIM Bangalore Placements 2023: Key Highlights
- A total of 512 students received 606 job offers
- A total of 164 recruiters participated in the placements process at IIM Bangalore
- A total of 14 international offers were extended, increasing by 133% over the previous year
- The average salary for the batch stood at INR 35.31 lakhs per annum
- The median salary for the batch stood at INR 33.00 lakhs per annum
- The top recruiter for final placements was BCG, extending 26 offers to the batch
- The top five lateral recruiters were PayTM, Cogoport, and EXL Services
- BCG, Bain and Accenture Strategy offered the maximum number of pre-placement offers (PPOs)
- Management Consulting was the most sought-after sector for IIM-B's graduating batch, followed by IT/Product Management.
BCG was the biggest recruiter at IIM Bangalore in 2023, extending a total of 26 offers to the batch. Also amongst the top ten recruiters were Bain, Accenture, TCS, McKinsey, American Express, EY India, Cogoport, Microsoft, and EXL Services.
Consulting firms were amongst the top pre-placement recruiters. Firms like BCG, Bain, Accenture, and McKinsey offered double-digit pre-placement offers to IIM-B's 2023 batch.
Tech companies dominated lateral placements, with companies like PayTM, Cogoport, EXL, and Brillio featuring amongst the top recruiters.
IIM Bangalore Placements 2023: 40% of Batch Takes up Roles in Consulting Sector
Consulting dominated the final placements season at IIM Bangalore in 2023. 4 out of 10 students from the batch opted for roles in the Consulting sector. Consulting was followed by IT/Product Management, General Management, and Sales and Marketing.
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