IIM Bangalore Placement 2024: Average Package, Highest Package, Top Recruiters
IIM Bangalore Placements 2024: The Indian Institute of Management Bangalore has released the 2024 placement reports. Candidates who wish to join IIM Bangalore can check out the placement records at the official website—limb.ac.in. IIM Bangalore placements comprise summer, lateral, and final placements every year.
The IIM Bangalore highest package offered was Rs. 1CPA, and the average package comes to around Rs. 35 LPA. A total of 606 placement offers were made from 164 companies from various sectors. Usually, the IIM Bangalore placements are conducted from October to February. Read this article to know more about the IIM Bangalore placement report 2024.
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IIM Bangalore Placements 2024 (Final Placement) Report
In IIM Bangalore’s 2024 final placements, 517 students received 572 offers from 163 companies. The average package increased to INR 35.92 LPA from INR 35.31 LPA, while the median package slightly decreased to INR 32.5 LPA. Notably, international offers rose to 29 from 14. Major sectors included consulting and BFSI, with top recruiters such as Accenture, McKinsey & Company, and Boston Consulting Group.
| Particulars | PGP & PGPBA Placements Statistics (2024) | PGP & PGPBA Placement Statistics (2023) |
| No. of students | 517 | 512 |
| No. of Offers Made | 572 | 606 |
| No. of companies | 163 | 164 |
| International offers | 29 | 14 |
| Average Package | INR 35.92 LPA | INR 35.31 LPA |
| Median package | INR 32.5 LPA | INR 33.00 LPA |
| Major Sectors | Consulting, BFSI | Management Consulting, IT Consulting |
| Top Recruiters | Accenture GN, McKinsey Company, Boston Consulting Group, Oliver Wyman, EY Parthenon India, TCS Management Consulting, etc. | Boston Consulting Group, Bain & Company, Accenture Strategy, Tata Consultancy Services, McKinsey & Company |
Know more: Faculty of Management Studies, University of Delhi (FMS)
IIM Bangalore Average Package 2024
The average package at IIM Bangalore for the PGP & PGPBA programs increased to INR 35.92 LPA in 2024, up from INR 35.31 LPA in 2023. The EPGP average package also rose to INR 34.33 LPA from INR 33.07 LPA. Over the past few years, there has been a consistent upward trend in average packages, reflecting the institute’s growing reputation and demand in the job market.
The year-wise average package trend of IIM Bangalore in shown in the below table:
| Year | PGP & PGPBA Average Package | EPGP Average Package |
| 2024 | INR 35.92 LPA | INR 34.33 LPA |
| 2023 | INR 35.31 LPA | INR 33.07 LPA |
| 2022 | INR 33.82 LPA | INR 30.90 LPA |
| 2021 | INR 28.98 LPA | INR 26.08 LPA |
| 2020 | INR 26.18 LPA | INR 29.88 LPA |
| 2019 | INR 24.54 LPA | INR 26.28 LPA |
IIM Bangalore PGP & PGPBA Placements 2024
In the IIM Bangalore PGP & PGPBA placements for 2024, 517 students secured 572 offers from 163 recruiters. The average package rose to INR 35.92 LPA, with a median of INR 32.50 LPA. Notably, 29 international offers were extended, and consulting emerged as the major sector with 40% of placements. Top recruiters included Accenture, McKinsey & Company, and Boston Consulting Group, highlighting the program’s strong industry connections and competitive compensation.
The below table will show you the highlights of IIM Bangalore PGP & PGPBA Placements 2024:
| Particulars | PGP & PGPBA Placements Statistics (2024) |
| Number of Students | 517 |
| Number of Offers | 572 |
| Number of Pre-Placement Offers Made | 247 |
| Number of Pre-Placement Offers Accepted | 203 |
| Number of Lateral Placement Offers Made | 83 |
| Number of Lateral Placement Offers Accepted | 71 |
| Number of Overseas Offers | 29 |
| Major Sector | Consulting (40%) |
| Average Package | INR 35.92 LPA |
| Median Package | INR 32.50 LPA |
| Number of Recruiters | 163 |
| Top Recruiters | Accenture GN, McKinsey Company, Boston Consulting Group, Oliver Wyman, EY Parthenon India, TCS Management Consulting, etc. |
Know more: Indian Institute of Management, Ahmedabad Placement 2024
IIM Bangalore PGP & PGPBA Placements 2024 Sector-wise
You can check the sector-wise statistics of IIM Bangalore PGP & PGPBA Placements 2024:
| Sectors | Placement Percentage |
| Consulting | 42% |
| Finance/ Banking/ Investments | 16% |
| Ecommerce/ Payments/ Telecom | 9% |
| IT Software/ Services/ Security | 9% |
| Manufacturing/ Construction/ Energy | 7% |
| Conglomerates | 6% |
| FMCG/ Retail | 5% |
| Analytics/ AI/ ML | 3% |
| Healthcare | 2 |
IIM Bangalore EPGP Placements 2024
You can check the highlights of IIM Bangalore EPGP Placements 2024:
| Particulars | EPGP Placements Statistics (2024) | EPGP Placements Statistics (2023) |
| Number of Students | 75 | 75 |
| Number of Offers Made | 70 | 70 |
| Number of Students Opted Out | 2 | 2 |
| Number of Students Who Started Own Venture | – | 1 |
| Number of Students on Sabbatical | – | 2 |
| Average Package | INR 34.33 LPA | INR 33.07 LPA |
| Median Package | INR 33 LPA | INR 32.21 LPA |
| Number of Recruiters | 29 | 27 |
| Major Industry | Consulting (36%), IT (20%) | IT (37%), Consulting (24%) |
| Top Recruiters | Accenture, Genpact, Nucleus Software, Zomato, Persistant Systems, etc. | Accenture, KPMG, McKinsey, Samsung, Wipro etc |
IIM Bangalore EPGP Placements 2024 Industry-wise
The below table will give you an idea of industry-wise statistics of IIM Bangalore EPGP Placements 2024:
| Industries | Percentage of Offers |
| Consulting | 36% |
| IT | 29% |
| BFSI | 9% |
| E-Commerce/ Quick Commerce | 7% |
| Construction | 6% |
| Automotive | 4% |
| Oil & Energy | 4% |
| Aviation and Aero Space | 3% |
| Chemicals | 3% |
| Manufacturing | 3% |
| Nonprofit Organization Management | 3% |
| Marketing & Advertising | 1% |
| Luxury Goods & Jewellery | 1% |
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Conclusion
IIM Bangalore’s 2024 placement reports highlight strong performance across its programs. The PGP & PGPBA placements saw a notable increase in average packages to INR 35.92 LPA, with a significant rise in international offers. The EPGP program also showed improvement with an average package of INR 34.33 LPA.
Consulting remains a dominant sector for both programs, reflecting its robust industry demand. Despite a slight decrease in the number of offers compared to the previous year, IIM Bangalore maintained a high placement percentage and attracted top recruiters across diverse sectors, underscoring its continued excellence in placement outcomes.
Disclaimer: The information, statistics, and data contained herein are produced, processed, compiled, and based on various sources from the public domain believed to be reliable to the best of our knowledge. These details have been disseminated for reference purposes only and IMS makes no warranties or representations whatsoever regarding the quality, content, suitability, completeness, adequacy, accuracy or timeliness of such information, placement report, and data. Readers are further advised to procure information from the official websites of the respective Universities/institutes/ Business Schools etc.