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

By 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%	-