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Last Updated on March 5, 2025 by Prof. SK Agarwal

IIM Placement 2025: IIM Ahmedabad, IIM Calcutta, IIM Lucknow Complete 100% Placements; Check Key Trends - MBAUniverse.com Placement Report

IIM Placements 2024 was not a smooth affair with a drop in salaries across most IIMs. IIM Placements 2025 is currently underway. As on March 5, 2025, IIM Ahmedabad (IIMA), IIM Calcutta (IIMC) and IIM Lucknow (IIML) have completed 100% placements 2025. While IIMA and IIMC have not revealed their salary data, IIM Lucknow has taken a positive step to publish their salary numbers. IIM Placements 2025 trends so far reveal that Consulting is emerging as a top recruiting sector this year. Read complete details in MBAUniverse.com Placement Report 2025. Also check key highlights from last year’s Placements Reports.

IIM Placement 2025: IIM Ahmedabad, IIM Calcutta, IIM Lucknow Complete 100% Placements; Check Key Trends - MBAUniverse.com Placement Report

1. IIMs Placement 2025

IIM Placement 2025 is in progress across all 21 IIMs in India. As on March 5, 2025, IIM Ahmedabad (IIMA), IIM Calcutta (IIMC) and IIM Lucknow (IIML) have completed 100% placements 2025. Check current status below. 

IIM
Placements 2025 Status
Average Salary 2025
IIM Bangalore
In progress
Yet to be announced
IIM Calcutta
In progress
Yet to be announced
IIM Ahmedabad
In progress
Yet to be announced
IIM LucknowCompleted. Check details belowRs 32.30 Lakhs LPA
IIM MumbaiIn progressYet to be announced
IIM Kozhikode
In progress
Yet to be announced
IIM Indore
In progress
Yet to be announced

Status as on March 5, 2025.

2. IIM Calcutta Final Placements 2025 Completed; Salary Figures Not Revealed

IIM Calcutta has announced 100% placements 2025 for its flagship MBA program. A total of 456 students participated in the process, securing 538 offers made by 196 companies. The consulting sector was the top recruiter with 37.3% offers and Boston Consulting Group (BCG) was the top recruiter. While IIM Calcutta said that “we are very fortunate to have remarkable placement results despite challenging market conditions”, the B-school did not reveal any figures related to average or highest salaries. Read complete details in this article.

4. IIM Ahmedabad records 100% placement 2025; Boston Consulting Group top recruiter

IIM Ahmedabad completed the Final Placement process for the MBA (PGP) Class of 2025. Boston Consulting Group made the most offers with 35 offers, followed by Accenture Strategy with 30 offers. Among the Investment Banks, Goldman Sachs was the largest recruiter, making 9 offers. In the General Management domain, Tata Administrative Services made the highest number of offers – 5, followed by GMR Group with 4 offers.

Read placement details from last year’s placements below.

5. MBA Placements 2024: Top B-schools

Before we discuss IIM Placements 2024, let’s take a broader overview of MBA Placement 2024 which saw an unprecedented decline in salary trends across most of top business schools in India. While IIM Bangalore was a noticeable exception, several B-schools including XLRI Jamshedpur, IIM Lucknow, and IIM Indore, saw a fall in average salaries. As the table 1 shows, IIM Bangalore saw a marginal increase in average salary from Rs. 35.31 LPA in 2023 to Rs. 35.92 LPA in 2024. At IIM Calcutta, average salary was steady at Rs. 35.07 LPA. 

XLRI Jamshedpur saw a significant decline, with the average salary dropping from Rs. 32.70 LPA in 2023 to Rs. 29.89 LPA in 2024. IIM Lucknow reported a decrease from Rs. 32.20 LPA in 2023 to Rs. 30.00 LPA in 2024. Both IIM Kozhikode and IIM Indore saw a significant dip in average salary.

Table 1: MBA Salaries Stagnant or Decline in Top B-schools 

B-school
Average Salary 2023 (Rs. in Lakhs)
Average Salary 2024 (Rs. in Lakhs)
Increase/ Decrease (%)
IIM Bangalore
35.31
35.92
+1.7%
IIM Calcutta
35.07
35.07
0%
IIM Ahmedabad
34.45
Data Awaited
--
XLRI Jamshedpur
32.70
29.89
-9% Drop
SPJIMR Mumbai
33.02
33.00
0%
MDI Gurgaon
27.67
25.50
-8% Drop
IIM Lucknow
32.20
30.00
-7% Drop
IIM Kozhikode
31.02
28.05
-10% Drop
IIM Indore
30.21
25.68
-15% Drop
SJMSoM IIT Bombay
28.88
28.01
-3% Drop

Source: MBAUniverse.com Analysis of B-school Placement Reports 2024

Get complete insights from MBAUniverse.com MBA Placements Report 2025.

6. IIMs Placements 2024

These excerpts from MBAUniverse.com Placement Report 2024 provides valuable insights into the salary trends across the IIMs. Here are the key IIM MBA Placement Trends.  

  • Top IIMs Set the Benchmark: Top IIMs are in a league of their own. IM Bangalore, an exception, continued its upward trend, with an increase from Rs. 35.31 LPA in 2023 to Rs. 35.92 LPA in 2024. Similarly, IIM Calcutta, Maintained a steady average salary at Rs. 35.07 LPA from 2023 to 2024.  
     
  • IIM Lucknow, Indore, Kozhikode see significant decline: IIM Lucknow experienced a decline, with average salary dropping from Rs. 32.20 LPA in 2023 to Rs. 30.00 LPA in 2024. IIM Kozhikode reported a drop from Rs. 31.02 LPA in 2023 to Rs. 28.05 LPA in 2024. IIM Indore also noted a significant fall from Rs. 30.21 LPA in 2023 to Rs. 25.68 LPA in 2024. 
     
  • IIM Rohtak, IIM Ranchi and IIM V buck the trend: IIM Rohtak saw an increase from Rs. 18.73 LPA in 2023 to Rs. 19.27 LPA in 2024. IIM Ranchi too showed growth with an increase from Rs. 17.30 LPA in 2023 to Rs. 18.69 LPA in 2024. Finally, IIM Visakhapatnam also saw increased from Rs. 15.47 LPA in 2023 to Rs. 16.61 LPA in 2024.
     
  • IIM Ahmedabad Placement Data 2024 awaited: IIM Ahmedabad follows IPRS standard and released salary data in after Audit in October. But this year, even after completing its placement 2024 as early as in February, it is yet to release its placement data.  IPRS initiative was taken by IIM A and supported by a few top B-schools to release Placement data after the Audit of Placement reports. IPRS standardizes the data on the placement reports more comparable and reliable.

Table 2: IIM MBA Placements – IIM Salaries Drop in 2024  

MBA College
Average Salary 2021 (Rs. in Lakhs)
Average Salary 2022 (Rs. in Lakhs)
Average Salary 2023 (Rs. in Lakhs)
Average Salary 2024 (Rs. in Lakhs)
Rs. 28.98 LPA
Rs. 33.82 LPA
Rs.35.31 LPA
Rs. 35.92 LPA
Rs. 29.00 LPA
Rs. 34.20 LPA
Rs.35.07 LPA
Rs. 35.07 LPA
Rs. 27.54 LPA
Rs. 32.80 LPA
Rs. 34.45 LPA
Data Awaited
Rs. 26.00 LPA
Rs. 31.03 LPA
Rs.32.20 LPA
Rs. 30.00 LPA
Rs. 22.53 LPA
Rs. 29.50 LPA
Rs.31.02 LPA
Rs. 28.05 LPA
Rs. 23.60 LPA
Rs. 25.01 LPA
Rs.30.21 LPA
Rs. 25.68 LPA
Rs. 19.17 LPA
Rs. 23.10 LPA
Rs.26.96 LPA
Rs. 26.10 LPA
Rs. 15.11 LPA
Rs. 17.73 LPA
Rs.21.04 LPA
Rs. 19.70 LPA
Rs. 14.85 LPA
Rs. 17.00 LPA
Rs.20.55 LPA
Rs. 19.43 LPA
Rs. 13.42 LPA
Rs. 17.80 LPA
Rs.20.32 LPA
Data Awaited
Rs. 13.74 LPA
Rs. 16.06 LPA
Rs.18.73 LPA
Rs. 19.27 LPA
IIM Ranchi
Rs. 14.69 LPA
Rs. 16.17 LPA
Rs. 17.30 LPA
Rs. 18.69 LPA
Rs. 12.62 LPA
Rs. 14.60 LPA
Rs. 15.47 LPA
Rs. 16.61 LPA
Rs. 10.34 LPA
Rs. 13.53 LPA
Rs.16.43 LPA
Rs. 15.48 LPA
Rs. 14.05 LPA
Rs. 15.21 LPA
Rs. 18.11 LPA
Rs. 15.04 LPA
Rs. 13.21 LPA
Rs. 14.94 LPA
Rs.16.74 LPA
Data Awaited
Rs. 12.68 LPA
Rs. 14.63 LPA
Rs.16.51 LPA
Data Awaited
Rs. 11.21 LPA
Rs. 12.64 LPA
Rs.16.64 LPA
Rs. 14.21 LPA
Rs.  9.92 LPA
Rs. 12.36 LPA
Rs.16.00 LPA
Rs. 13.90 LPA
Rs.  9.60 LPA
Rs. 12.74 LPA
Rs. 14.45 LPA
Data Awaited

Source: MBAUniverse.com Placement Report 2024 based on data released by B-Schools  

7. Top IIM Placements Highlights

After this overview, time to dive into a few leading institutes for more details on their MBA placements. 

IIM Bangalore Placement 2024: 100% Placements Complete with Marginal Dip in Median Salary 
Indian Institute of Management, Bangalore (IIMB) concluded Final Placements 2024 for PGP-BA and PGP programs in early 2024. According to IIM Bangalore, Median Annual Salary for Placements 2024 was Rs 32.5 lakh. This was marginally lower than last year’s median salary. In the placement week, which ended on February 7, IIM Bangalore saw 503 students accepting job offers. Another 13 students were placed in a subsequent rolling placement process. Consulting firms have made the most offers, while Finance, Banking and Investment sector was the second largest recruiter during IIMB Placements 2024.

IIM Ahmedabad Completes 100% Final Placements 2024: Salary 2024 Statistics Not Revealed
IIM Ahmedabad had successfully completed its Final Placement Process 2024 for both flagship PGP program and PGP Food and Agribusiness (PGP-FABM). Firms from multiple domains participated across the 3 clusters in the Final Placements. It must be noted that IIM Ahmedabad has not released salary data at the time of publishing this article. IIMA undertakes a formal audit of all offers before publishing the numbers. In previous years, audited report was published by Oct/Nov. For placements 2024, it was not published even by December 2024. IIM Ahmedabad PGP placements 2024 was spread over 3 clusters from February 6-12, 2024. Announcing completion of Placements 2024, Prof. Ankur Sinha, Chairperson of Placements at IIM Ahmedabad said: “Even in a tough year for the job market, IIMA saw a large number of recruiters participating in the placement process. The successful completion of the placement process within three cluster days is a testament to the high-quality learning experience at the institute and the robust placement process that provides adequate flexibility to both recruiters and students.” 

IIM Calcutta Competes 100% Placements 2024; Salary 2024 Statistics Not Revealed
IIM Calcutta has completed 100% placements for the flagship MBA programme for the 59th batch on February 19, 2024. About 464 students took part in the process, securing 529 offers from 194 companies. IIM Calcutta has not revealed salary statistics for Placements 2024 even by December 2024. Nimruji Jammulamadaka, Chairperson, Placement Committee said, “Looking at the market conditions, we were ready for the long haul and focused on diversifying the recruiter base and building student resilience. We must say, the institute has been successful in this regard.”

IIM Lucknow Placement 2024: Average Salary Dips
IIM Lucknow completed 100% placement 2024 for the largest ever 38th PGP and PGP-ABM 2022-24 batch of 576 students. Average Salary goes down at Rs.30 LPA in 2024 from Rs.32.20 LPA last year. 250 recruiters participated in IIM Lucknow placement 2024 and made 634 offers. Consulting firms -- Accenture, Deloitte India, Boston Consulting Group (BCG), Pricewaterhouse Coopers (PwC), McKinsey and Company were among the top recruiters in IIM Lucknow final placements 2024. 

IIM Indore Placements 2024: Average Salary Dips from Rs 30.21 LPA to Rs 25.68 LPA
Indian Institute of Management (IIM), Indore has successfully completed 100% Final Placement 2024 for its largest outgoing batch in the institutes 27 years history with 594 students from the two-year Post Graduate Programme (PGP) and five-year Integrated Programme in Management (IPM) received offers from 150+ recruiters. In line with the challenges posed due to unfavourable macroeconomic conditions, IIM Indore Placement 2024 show a dip in salary figures. About 50% of total placements were from Consulting sector (25%), and Management & HR function (25%).

8. Top Recruiters in IIM Placements

All the new IIMs conducted their placement process for 2022-24 batch in person and as such the companies have also preferred to visit the IIM campus for placements instead of online assessment for the recruitment. Some of the top recruiters that visited IIM campus for placements include - Accenture, Bain & Company, BCG, Deloitte, E&Y, GEP, HCL Tech, Infosys, Kearney, KPMG, McKinsey, PwC, Axis Bank, Bank Of America, Barclays, CITI Bank, Credit Suisse, Goldman Sachs, HDFC Bank, ICICI Bank, JSW, Kotak Mahindra Bank, Aditya Birla Group, Microsoft, ITC, HUL among others. 

In summary, IIM Placements 2025 process is currently underway. IIM Placements 2024 was not a same smooth affair. Now, there is much anticipation around this year’s IIM Placements. How will the IIM Placement 2025 be… MBAUniverse.com will release IIM Placement Report 2025 as soon as the placements are complete. Meanwhile read complete insights from MBAUniverse.com MBA Placements Report 2025.

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