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VGSoM: IIT Kharagpur Final Placements - Highest CTC dropped by 16.9% for 2024 Batch

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kirtika Tanwar
kirtika Tanwar

The 2022-2024 batch at Vinod Gupta School of Management, IIT Kharagpur saw a 100% placement for the 118 students that registered for the final placements. A total of 46 students received PPO from the MBA ’24 batch. 77% of the batch had a work-ex of 1-3 years. Due to the prevalent market conditions, the highest package and average package have declined from the 2023 figures. The placement figures for the outgoing batch are summarized below:

                                                                                                              (Figure in Lacs)

Parameter 2024 Batch 2023 Batch
Highest CTC 37.07 43.37
Median CTC 20.65 21.04
Average CTC 20.83 22.13
Top 10% Average 31.62 31.55
Top 25% Average 27.45 27.78
Top 50 % Average 24.48 24.66

Key Takeaways:-

  • The Highest CTC saw a drop of 16.9 % for the 2024 batch. Average CTC also dropped by 6.2%.
  • Metrics for the Top 50% of the batch remained almost similar in the two years.
  • The percentage of people placed through PPO reduced from 43.6% to 38.9%  for the 2024 batch.

IIT Kharagpur Placements 2024: Domain Wise Placement Metrics

Domain Percentage of Batch Placed Top Recruiters
Strategy and Consulting 29% Accenture Strategy & Consulting, Deloitte, Infosys, EY, and PwC
BFSI 22% ICICI Bank, TATA AIA, Morgan Stanley, and Wells Fargo
Supply Chain and Operations 20% Diageo, GSK, Vedanta, Sun Pharmaceutical, Godrej, Bristlecone, and P&G
Analytics 17% Accenture AI, Axtria, Cognizant, Hexaware, Mphasis, Oxane Partners, Tiger Analytics, Harman International, and Wipro
Sales and Marketing 4% Berger Paints
Others 8% -

Frequently Asked Questions

Q.1 What are the eligibility criteria for an MBA at VGSoM?

Ans. A Bachelor's degree of minimum 4-year duration in engineering/technology/pharmacy

                                                                                   OR

A Master's degree in Science/Economics/Commerce (with Mathematics or Statistics at Bachelor's level)

Q.2 How is the MBA at IIT- Kharagpur ranked?

Ans. VGSoM, IIT- Kharagpur ranks 15 in the NIRF 2023 Management in India. 

Q.3 What is the fee for an MBA at VGSoM?

Ans. For the MBA 2024-2026 batch, the approximate fee at IIT Kharagpur is Rs.12,85,000.

Q.4 What is the percentile requirement for CAT at VGSoM, IIT- Kharagpur? 

Ans. The minimum CAT percentile requirement for an MBA at is as follows:

  • General-90
  • OBC-81
  • SC/ST/PwD-60

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IIT Kharagpur MBA Placements 2024: Highest package 37.07 LPA