Top MBA Colleges for Placements: Top Recruiters and Abroad Placements

MBA placement direction is one of the most important parameters that an MBA aspirant looks for before admission. IIMs and top B-schools in India like MDI Gurgaon, XLRI Jamshedpur, NITIE Mumbai, SIBM Pune and many more have finalized their placements for 2023. Most candidates start their internship preparation in the first year of the MBA program. In 2023, several IIMs maintained a 100% placement record.

MBA Internship 2023 saw internship offers from major recruitment sectors such as Consulting, Business Analysis, General Management etc. IIM Bangalore students received 662 placement offers, the highest among IIMs and B-schools. IIM Calcutta students received 640 internship offers, IIM Kozhikode students received 571 internship offers and IIM Lucknow students received 534 internship offers.

All IIMs have concluded their 2023 placement competition. The 2023 Placement Report shows that the top salary and average salary of most top business schools have improved. The highest salary last year was $1,50,297 paid by IIM Ahmedabad. MDI Gurgaon got the second-highest salary of INR 1.14 CPA while IIM Indore got the third-highest salary of INR 70 LPA.

College Name	MBA Average Placements 2023	MBA Average Placements 2022
Indian Institute of Management Ahmedabad	INR 34.36 LPA	INR 32.79 LPA
Indian Institute of Management Bangalore	INR 35.3 LPA	INR 33.8 LPA
Indian Institute of Management Calcutta	INR 35.07 LPA	INR 34.2 LPA
Indian Institute of Management Lucknow	INR 32.2 LPA	INR 31.03 LPA
Indian Institute of Technology Madras	INR 20.19 LPA	INR 16.66 LPA
Indian Institute of Technology, Bombay	INR 30.35 LPA	INR 29.80 LPA
Indian Institute of Technology, Kharagpur	INR 22.13 LPA	INR 19.36 LPA
Indian Institute of Management Rohtak	INR 18.73 LPA	INR 16.06 LPA
Indian Institute of Technology, Roorkee	INR 18.34 LPA	INR 16.80 LPA
S. P. Jain Institute of Management & Research	INR 33.02 LPA	INR 32.06 LPA
Indian Institute of Technology, Delhi	INR 25.82 LPA	INR 21.90 LPA
Indian Institute of Management Kozhikode	INR 31.02 LPA	INR 31.02 LPA
Indian Institute of Management Indore	INR 30.21 LPA	INR 25.01 LPA
XLRI - Xavier School of Management	INR 32.7 LPA	INR 32.7 LPA
National Institute of Industrial Engineering (IIM), Mumbai	INR 27.75 LPA	INR. 25.4 LPA
Management Development Institute	INR 60 LPA	INR 26.65 LPA
Indian Institute of Management Raipur	INR 21.04 LPA	INR 17.73 LPA
Indian Institute of Management Ranchi	INR 17.3 LPA	INR 16.17 LPA
Symbiosis Institute of Business Management	INR 26.77 LPA	INR 26.77 LPA
Indian Institute of Management Tiruchirappalli	INR 20.55 LPA	INR 17.01 LPA
Indian Institute of Technology Kanpur	INR 45 LPA	INR 16.61 LPA
Indian Institute of Management Udaipur	INR 20.09 LPA	INR 17.82 LPA
Indian Institute of Management Kashipur	INR 18.11 LPA	INR 15.21 LPA
Indian Institute of Foreign Trade	INR 29.1 LPA	INR 25.16 LPA

MBA Placements 2023 in Top Colleges in India

The below table represents the the salary statistics of the top 20 MBA colleges: 

Colleges	Highest Salary	Average Salary	Median Salary
IIM Ahmedabad	INR 1.15 CPA	INR 34.3 LPA	INR 39.4 LPA
IIM Bangalore	-	INR 35.3 LPA	INR 31.2 LPA
IIM Calcutta	INR 1.15 CPA	INR 35.07 LPA	INR 31 LPA
IIT Delhi	INR 36.7 LPA	INR 21.9 LPA	INR 20.6 LPA
IIM Kozhikode	INR 61.5 LPA	INR 29.5 LPA	INR 26.5 LPA
IIM Lucknow	INR 61.59 LPA	INR 31.03 LPA	INR 29 LPA
IIM Indore	INR 70 LPA	INR 25.01 LPA	INR 24.09 LPA
XLRI Jamshedpur	INR 60 LPA	INR 30.73 LPA	INR 29 LPA
NITIE Mumbai	INR 49 LPA	INR 25.41 LPA	-
IIT Madras	INR 25.30 LPA	INR 16.66 LPA	-
IIT Bombay	INR 49 LPA	INR 25.9 LPA	INR 25.8 LPA
IIT Kharagpur	INR 31.98 LPA	INR 19.36 LPA	INR 18.08 LPA
MDI Gurgaon	INR 1.14 CPA	-	INR 23.50 LPA
IIM Raipur	INR 42.15 LPA	INR 17.73 LPA	INR 16.95 LPA
IIM Ranchi	INR 32.21 LPA	INR 16.17 LPA	INR 15.50 LPA
IIM Rohtak	INR 32 LPA	INR 16.06 LPA	INR 15 LPA
SIBM Pune	INR 45.50 LPA	INR 23.06 LPA	INR 20.80 LPA
IIM Trichy	INR 34 LPA	INR 17.01 LPA	INR 16 LPA
IIT Roorkee	INR 25.8 LPA	INR 16.8 LPA	INR 18 LPA
IIT Kanpur	INR 22 LPA	INR 16.61 LPA	INR 16 LPA

Top IIM Recruiters

The below table shows the top recruiters which participated in the IIM Placements 2023:

Boston Consulting Group	Morgan Stanley	Emaar
HSBC	Tresvista	BNY Mellon
Nomura	Kotak Mahindra Bank	SBI Life
Aditya Birla Group	Ultra Tech	Amazon
Accenture	Infosys	MPL
Abott	Hindustan Unilever Limited	OPTUm
Deloitte	Myntra	Piramal
Wipro	Yes Bank	Reliance
Udaan	Uber	Tech Mahindra
Swiggy	Infosys	Pidilite

Top Sectors for IIM Placements

The below table shows the top sectors in which the students were placed in 2023

Consulting	Business Analytics	Corporate Finance & Commercial Banking	E-commerce
General Management	IT/Product Management	Management Consulting	Marketing & Sales
Operations	Online Services	IT & Healthcare	Agri Input
BFSI	Conglomerates	FMCG	Engineering /Technology
Manufacturing	Media & Communications	Pharmaceuticals	Telecom
EdTech	Online Payment	Retail B2B & B2C	Environment & Energy
Retail & e-commerce	E-Business	Sales & Marketing	General Management

IIM MBA Abroad Placements 

The below table shows the international highest salary received by IIM students:

Colleges	Highest International Salary
IIM Ahmedabad	INR 1.15 CPA
IIM Indore	INR 70 LPA
IIM Lucknow	INR 61.59 LPA
IIM Sambalpur	INR 41 LPA

MBA Placements Top Recruiters 

The below table represents some of the top recruiters who participated in MBA Placements of various colleges:

Boston Consulting Group	TATA Administrative Services
Emaar	Nomura
Ola	Samsung
CK Birla Group	Accenture Strategy
Amazon	Microsoft
Flipkart	Myntra
Vodafone Idea	Winzo Games
BMW	CISCO
Airtel	Swiggy
IBM	Deloitte
Aditya Birla Group	Infosys
EY	HCL
Capgemini	Cognizant
ICICI Bank	HDFC Bank

Frequently Asked Questions 

Ques: Which MBA colleges in India offer the best placements?

Ans: Several Indian MBA colleges consistently rank high for placements. These include the Indian Institutes of Management (IIMs), Indian School of Business (ISB), Xavier School of Management (XLRI), SP Jain Institute of Management and Research (SPJIMR), and Faculty of Management Studies (FMS) Delhi.

Ques: Should I only focus on colleges with the highest average salaries?

Ans: Not necessarily. Consider factors like your career goals, program specialization, and learning environment in addition to placements. A high average salary might not be as relevant if it doesn't match your desired career path.

Ques: How can I find out more about the placement records of different colleges?

Ans: Most MBA colleges publish their placement reports on their websites. You can also find information through rankings lists and educational portals.

Ques: What are some of the skills companies look for in MBA graduates?

Ans: Companies value strong analytical and problem-solving skills, leadership potential, communication skills, and teamwork abilities. Additionally, specific skills relevant to your chosen specialization will be looked for.

Ques: Do all MBA programs guarantee placements?

Ans: No MBA program can guarantee placements. However, top colleges have strong alumni networks, industry connections, and career services departments that help students prepare for and secure job opportunities.

Ques: What are some factors to consider besides placements when choosing an MBA program?

Ans: Look at the program curriculum, faculty expertise, specializations offered, alumni network, and overall campus culture. The "fit" with your learning style and career goals is important.

Ques: Is an MBA from a top-ranked college essential for a successful career?

Ans: An MBA from a top college can open doors, but it's not the only factor determining success. Your skills, work experience, and drive will also play a significant role.