Indian Institute of Management Bangalore is regarded as one of the best B-Schools in India and Central Asia. Aside from its great learning experience, the institute is also known for its high ROI. IIM Bangalore’s flagship MBA program costs around INR. 23 LPA while the Average CTC bagged by its students often stands above INR. 25 LPA.

The MBA (PGP) batch of 2019-21 witnessed a 100% placement record as 435 students bagged over 481 placement offers within the first two days of the interview process. Consulting and Product Management domains provided the majority of placements.

Some of the top recruiters during the 2021 placement drive were- McKinsey and Company, Boston Consulting Group, Kearney, PricewaterhouseCoopers, Tata Consultancy Services, Alvarez and Marsal, Arthur D. Little, IBM Consulting, and etc.

The institute has released its PGP + PGPBA summer internship placement report for the batch 2020-22 and 100% students were provided internship opportunities.

CheckIIM Bangalore Admission 2021

Table of Content

  1. IIM Bangalore Placements 2021 Report
  2. IIM Bangalore PGP Placements 2021

2.1 IIM Bangalore PGP Placements Sector-wise

2.2 IIM Bangalore PGP Placements Domain-wise

2.3 IIM Bangalore PGP Placements Top Recruiters

2.4 IIM Bangalore PGP Year-wise Placement Trends

  1. IIM Bangalore EPGP Placements 2021

3.1 IIM Bangalore EPGP Placements Industry-wise

3.2 IIM Bangalore EPGP Placements Top Recruiters

  1. IIM Bangalore PGPPM Placements 2021
  2. IIM Bangalore Summer Internship Placements 2020-22

5.1 IIM Bangalore Summer Internship Placements Sector-Wise

5.2 IIM Bangalore Summer Internship Placements Company-Wise

  1. IIM Bangalore Summer Internship Placements 2021
  2. IIM Bangalore Placements 2021 Analysis

7.1 IIM Bangalore E-Commerce Placements 2021

7.2 IIM Bangalore Finance Placements 2021

7.3 IIM Bangalore Consulting Placements 2021

7.4 IIM Bangalore General Management Placements 2021

7.5 IIM Bangalore Sales and Marketing Placements 2021

7.6 IIM Bangalore Others - IT Placements 2021

  1. IIM Bangalore Alumni Report
  2. IIM Bangalore Placements FAQs

IIM Bangalore Placements 2021 Highlights

Batch

2020

2021

Number of Eligible Students

525

521

Number of Offers

587

544

Number of Companies Participated

146

150

Average Domestic CTC (PGP)

INR 26.18 LPA

INR 29.98 LPA

Median Domestic CTC (PGP)

INR 25 LPA 

INR 28.6 LPA

IIM Bangalore Placements 2021 Course-Wise

Placement Statistics PGP EPGP PGPPM
No. of Eligible Students 440 73 8
No. of Companies 120 30 -
No. of Offers 481 61 2
Average Domestic CTC INR. 28.98 LPA INR. 26.08 LPA INR. 19 LPA
Median Domestic CTC INR. 28.60 LPA INR. 26 LPA -

The median salary for the PGP 2021 batch stood at INR 28.60 LPA, while the average salary for the batch stood at INR 28.98 LPA. A total of 481 offers were extended to 440 participating students. The number of offers was reduced by 7% as compared to the previous year. A total of 193 pre-placement offers were extended to the batch, which also saw a slight decline as compared to the previous year.

IIM Bangalore Placement 2020 witnessed 518 offers rolled out for 429 PGP students. The average domestic CTC offered to the students was of INR. 26.18 LPA.

The EPGP department hosted over 30 recruiters who offered 61 job opportunities to 73 students from the 2021 batch. For PGPPM, of the nine non-DOPT candidates eligible for placements, 6 students were still without any offers in hand. Two of the students had job offers from their Pre-IIMB organization or were on a sabbatical while one student rejected the job offer for personal reasons.

As for the EPGP program, the average CTC stood at INR. 26.08 LPA and as for the PGPPM program, the average CTC stood at INR. 19 LPA. The placement process for both EPGP and PGPPM programs is still in progress.

IIM Bangalore PGP Placements 2021

The following table represents the placements that had been observed during the start of the 2021 MBA (PGP) placement drive:

Particulars Placement Statistics
No. of Students 435
No. of Offers (2 Days) 481
Top Domain Consulting and Product Management
Top Recruiter Accenture, Bain & Co, Amazon, Microsoft

Over 435 students from MBA (PGP) batch of 2019-21 bagged over 481 placement offers within the first two days of the interview process. Consulting and Product Management domains provided the majority of placements.

Consulting companies made 165 offers followed by IT and Finance companies with 78 and 67 placement offers respectively. 

Top recruiters among consulting companies include McKinsey and Company, Boston Consulting Group, Kearney, PricewaterhouseCoopers, Tata Consultancy Services, Alvarez and Marsal, Arthur D. Little, IBM Consulting, and etc.

IIM Bangalore PGP Placements 2021

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Particulars Placement Statistics
Number of Students 440
Number of Offers Made 481
Number of Companies 120
Pre-Placement Offers Made/Accepted 193/160
Lateral Placement offers Made/Accepted 110/98
Overseas Offers 8
Opting Out of Placements 9
Number of Offers during the Final Placement Week 178/173
Average CTC Offered INR. 28.98 LPA
Median CTC Offered INR. 28.60 LPA

This year the PGP batch size consisted of 440 students out of which 431 were successfully placed under different sectors of the industry. A total of 193 PPOs were offered out of which 160 were accepted by the students.

The recruitment drive concluded with consulting companies emerging as top recruiters with 36% placement offers. Accenture Strategy emerged as the top recruiter with 41 offers followed by Amazon with 28 Offers. 8 out of the total placement offers included international companies.

IIM Bangalore PGP Placements 2021 Sector-wise

The following table represents the sector-wise placements under the PGP program:

Sectors No. of Placement Offers
Business Analytics 3%
Consulting 36%
E-Commerce 11%
General Management 9%
Finance 14%
IT/Product 17%
Marketing & Sales 9%
Operations 1%

IIM Bangalore PGP Placements 2021 Domain-wise

Consulting companies made 165 offers followed by IT and Finance companies with 78 and 67 placement offers respectively. 

IIM Bangalore PGP Placements 2021 Domain-wise

Leadership tracks and general management positions saw 47 offers made by conglomerates, startups, and other firms. Students opting for sales and marketing roles received 50 placement opportunities while Operations domain brought forth 9 offers.

The following table represents the recruiter-wise placement statistics that have been observed under different domains:

Domain No. of Offers
Consulting Accenture made 45 offers, followed by Bain & Company with 24 offers. Top recruiters included McKinsey & Company (18), the Boston Consulting Group (13), Kearney (9), PricewaterhouseCoopers (10), Tata Consultancy Services (6), Alvarez & Marsal (4), Arthur D. Little (4), IBM Consulting (4), Strategy& (4), and EY-Parthenon (2). Other recruiters included KPMG (8), Ernst & Young (5), Deloitte (3), Auctus Advisors (2), Infosys Consulting (2), Miebach Consulting (1), and Oliver Wyman (1).
IT & Product Management Microsoft (12), Browserstack (6), Ola (6), Byju’s (5), UHG Optum (5), Adobe (3), Infoedge (3), Oracle (3), Razorpay (3), Sprinklr (3), Amagi Labs (2), AppDynamics (2), Atlassian (2), Cisco (1), and Tech Mahindra (1). Other companies in the IT product management domain rolled out 21 offers. A total of 55 offers made in the e-Commerce space by Amazon (34), Paytm (11), Flipkart (6), Myntra (3), and Cloudtail (1).
Finance Goldman Sachs made the maximum of 22 offers, followed by Avendus Capital (5), Citibank (5), Blackstone (2), Deutsche Bank (2), and JP Morgan (1). Other recruiters in this domain included Kotak Mahindra (6), Wells Fargo (4), Axis Bank (2), Bank of America (2), Barclays (2). Other leading financial institutions made 14 offers.
Leadership Tracks and General Management RPG Group leading with 10 offers, followed by Vedanta (8), Reliance (5), Capgemini (3), Navi Technologies (3), ABG (2), Adani Group (2), CK Birla Group (2), Machani Group (2), Tata Administrative Services (2), Tata Sky (2), and Mahindra & Mahindra (1). Samsung R&D rolled out 2 offers, and HCL, Micron and ReNew Power rolled out 1 offer each.
Sales and Marketing Dr Reddy’s Laboratories (5), Procter & Gamble (5), Samsung (4), ITC (4), Anheuser-Busch InBev (2), Asian Paints (2), Lenovo (2), Pidilite (2), HUL (2), Coca-Cola (1), Colgate Palmolive (1), Johnson & Johnson (1), L’Oreal (1), and Wipro Consumer Care (1). Other reputed recruiters rolled out 17 offers in this sector.
Operations Genpact (5), WNS Global services (3), and Natwest Group (1). The analytics sector rolled out 10 offers with American Express leading with 6 offers, followed by EXL (2) and Target Corporation (2)

IIM Bangalore PGP Placements 2021 Top Recruiters

The following table represents the list of top recruiters who provided some of the best PPOs:

Recruiter No. of Offers
Bain & Company 15
Goldman & Sachs 11
McKinsey & Co. 10
Amazon 10
Accenture Strategy 9
BCG 8
Microsoft IDC 6
Kearney 6
Procter & Gamble 5

With regards to the final placement offers, the following graph comprises of the top recruiters who provided the highest number of placement offers-

Recruiter No. of Offers
BCG 13
Bain & Company 24
Accenture Strategy 41
Amazon 28
Kerney 9
McKinsey & Co. 18
PayTM 12
Microsoft IDC 12
Goldman Sachs 22
Vedanta 12

IIM Bangalore PGP Year-wise Placement Trends 

A massive increase can be seen in the placement offers since 2017 to 2019, as can be seen in the graph given below:

IIM Bangalore PGP Year-wise Placement Trends 

IIM Bangalore is regarded as one of the best Management institutes in the country, however, during the 2021 placement drive, the institute witnessed a cut-throat competition from other major B-Schools.

IIM Bangalore EPGP Placements 2021

Under the discipline of EPGP, a total of 73 students participated in the placement drive out of which the highest number of recruitments were done under the Consulting sector.

Number of Students 73
Number of Offers Made 61
Number of Companies 30
Number of Accepted Campus Offers 55
Number of Off-Campus Offers 8
Average CTC Offered INR. 26.08 LPA
Median CTC Offered INR. 26 LPA

In terms of salary, the median CTC offered was INR. 26.08 LPA and the Mean CTC was INR. 26 LPA.

IIM Bangalore EPGP Placements 2021 Industry-wise 

Highest percentage of students went into the consulting sector followed by the IT Service and Energy sector.

Industry Total Offers % of students
Government 3 5
BFSI 1 2
Consulting 12 22
E-Commerce 5 9
Oil & Gas 1 2
Healthcare 3 5
IT Product 2 4
IT Services/ITES 19 34
Manufacturing 5 9
Logistics 2 4
Telecom 2 4

IIM Bangalore EPGP Placements 2021 Top Recruiters

The following table represents the top recruiters and the number of offers provided by them:

Recruiter No. of Offers
Genpact 5
Accenture 7
Amazon 3
Quantiphi 3
Flipkart 3

Some of the other recruiters included-

  • Infosys Consulting
  • ITC Infotech
  • Sterlite
  • Quantiphi
  • Aditya Birla Group
  • Axis Bank
  • Microsoft
  • Wipro

IIM Bangalore PGPPM Placements 2021

Particulars Placement Statistics
Number of Students eligible for Placements (non-DoPT) 8
Number of Students Placed 2
Average Salary INR. 19 LPA
Top Recruiters HashedIN, Invest Punjab

For PGPPM, of the 8 non-DOPT candidates eligible for placements, 6 students were still without any offers in hand. Two of the students had job offers 

IIM Bangalore Summer Internship Placements 2020-22

IIM Bangalore recently concluded its 2020-22 summer placement drive and achieved a 100% placement record as 517 students got placed. Students were majorly recruited from the postgraduate program (PGP) and the first-ever batch of the postgraduate program in Business Analytics (PGP BA).

Particulars Placement Statistics
Placement Percentage 100%
No. of Eligible Students 525
Number of Offers 532
No. of Students Placed 517
Number of Students Opted out 8
Mode of Placements Online
Top Sector Consulting Sector (28%)

In the summer internship placement drive of 2022 a total 525 students were provided 532 offers out of which 517 students were placed and 8 students opted out of the placements.

IIM Bangalore Summer Internship Placements 2020 Sector-Wise

The following graph represents the Sector wise summer internship placements 2022:

IIM Bangalore SIP 2020 Sector-Wise

It is observed that the maximum number of students were offered internship opportunities in the Consulting sector followed by the General Management sector.

IIM Bangalore Summer Internship Placements 2022 Company-Wise

The following table represents the company wise summer internship placements of IIM Bangalore:

Recruiter No. of Offers
Amazon 31
Accenture Strategy 22
Bain & Company 18
The Boston Consulting Group 17
Kearney 15
Mckinsey & Company 14
Goldman Sachs 11
tCS 10
Procter & Gamble 8
Stepcare 7
Microsoft 7
Philips 7
PwC India 7
Uber 7
Vedanta 7

During the summer internship placement drive of 2022, the maximum number of offers were provided by Amazon followed by Accenture Strategy and Bain and Company.

IIM Bangalore Summer Internship Placements 2021

Summer placement at IIM Bangalore for the meeting 2019-2021 finished effectively with 441 students getting 446 internship offers. 

No. of Students 441
No. of Job Offers 446
No. of Offers Accepted 437
Opted Out 4

An aggregate of 437 understudies of the MBA Class of 2021 at IIM Bangalore were selected throughout the summer placement process.

Management Consulting turned into the most noteworthy sector followed by Marketing and Sales and Commercial Banking. 

IIM Bangalore Placements 2021 Analysis

The following represents the sector-wise data acquired by the Collegedunia team:

IIM Bangalore Placements 2021 Analysis

The maximum number of recruiters were from the Sales & Marketing sector followed by the Consulting sector.

IIM Bangalore E-Commerce Placements 2021

The following table represents the Placement report from the E-Commerce Sector:

Company Role CTC (INR in LPA) No. of Students
Amazon Program, Product, Category, Ops 25-35 20-22
Grofers Category, Product 23-24 3-4
Flipkart Product Management 27-28 4-5
Byju's Strategy and Product 25-28 2-3
Paytm Product Management 20-21 4-5
RazorPay Product Management 22-23 2-3
Myntra Product Management 22-23 3-4
Prione Business 20-22 4-5

The highest CTC under the E-Commerce sector was INR. 25-35 LPA offered by Amazon followed by Flipkart and Byju’s.

IIM Bangalore Finance Placements 2021

The following table represents the Placement report from the Finance Sector:

Company Role CTC (INR in LPA) No. of Students
Avendus Capital IBD 40 3
J P Morgan IBD 32-34 + Variable 4
Goldman Sachs IBD 32-34 + Variable 8-10
Allianz Benelux IBD - 3-4
ICICI Corporate banking 19-20 + Variable 4-5
Kotak Mahindra Bank IBD 20-22 + Variable up to 50% 4-5
Wells Fargo Credit Risk 20-22 2-3
IDFC Bank Corporate banking 19-21 3-4
Motilal Oswal Finance 16-17 + Variable 1-2
Matrix Partners PE 50 + Variable 1
HSBC IB and Markets 24-25 + Variable 2-3
BNY Mellon IB 32-34 + Variable 3-4
Citibank IB 32-34 + Variable 3-4

The highest CTC under the Finance sector was INR. 50+ LPA offered by Matrix Partners.

IIM Bangalore Consulting Placements 2021

The following table represents the Placement report from the Consulting Sector:

Company Role CTC (INR in LPA) No. of Students
BCG Strategy Consulting 29-30 20-22
Bain 28-29 18-20
Mckinsey 26-27 15-16
Accenture Strategy 32-33 28-30
A T Kearney 27-28 15-16
GEP Consulting 23-25 6-7
EY - Parthenon 50-55 4-5
Roland Berger 26-27 6-7
Deloitte 23-24 6-7
PwC 22-23 8-10
Alvarez & Marsal 24-25 6-7
IBM Consulting 22-23 4-5
Oliver Wyman 26-27 2-3
Infosys Management Consulting 17-18 2-3

The highest CTC under the Consulting sector was INR. 50-55 LPA offered by EY - Parthenon followed by Accenture Strategy.

IIM Bangalore General Management Placements 2021

The following table represents the Placement report from the General Management Sector:

Company Role CTC (INR in LPA) No. of Students
ABG Group Leadership 24-25 8
TAS TAS Manager 25 5-6
Adani Group Management Trainee 20-21 7
Vedanta Management Trainee 21-23 6
CapGemini ELITE Management Trainee 19-21 5
RIL Management Trainee 19-20 2-3
Mahindra GMC GMC 26-27 2-3
C K Birla Group Management Trainee 22-23 2

The highest CTC under the General Management sector was INR. 26-27 LPA offered by Mahindra GMC followed by TAS and ABG.

IIM Bangalore Sales and Marketing Placements 2021

The following table represents the Placement report from the Sales and Marketing Sector:

Company Role CTC (INR in LPA) No. of Students
HUL Sales and Marketing 26-27 2-4
P&G Sales and Marketing 26-27 4-5
Colgate Palmolive Sales and Marketing 26-27 2-4
ITC Sales and Marketing 24 2-4
Asian Paints Sales and Marketing 22 4-5
Marico Sales and Marketing 25-26 2-4
Coca Cola Sales and Marketing 21-22 2-4
Nestle Sales and Marketing 22-24 2-4
Airtel Sales and Marketing 22-23 2-4
Vodafone Sales and Marketing 21-22 2-4
Samsung Sales and Marketing 21-22 2-4
Dabur Sales and Marketing 21-22 2-4
Lenovo Sales and Marketing 20-21 2-4
CavinKare Sales and Marketing 22-24 2-4
Loreal Sales and Marketing 22-24 2-4
AbInbev - - 9-10

The highest CTC under the Sales and Marketing sector was INR. 26-27 LPA offered by HUL, P&G, and Colgate Palmolive.

IIM Bangalore Others - IT Placements 2021

The following table represents the Placement report from the Others - IT Sector:

Company Role CTC (INR in LPA) No. of Students
Microsoft Program / Product Manager 40-45 10
Genpact AVP 25-30 5-6
Sprinklr Product Manager 23-25 3-4
Reliance Jio Product Strategy 22-23 4-5
InfoEdge Product Manager 20-21 3-4
ValueLabs Associate Director 19-20 3-4
Cisco Product Manager 25-30 2-3
Google Campaign Manager 25-30 4-5
Browserstack Product Manager 23-25 2-3

The highest CTC under the IT and Other sectors was INR. 40-45 LPA offered by Microsoft.

The following graph represents the highest CTC offered under each sector-

IIM Bangalore Others - IT Placements 2021

The following graph represents the year-wise average salary offered at different B-Schools:

IIM Bangalore Others - IT Placements 2021

Since the IIM Bangalore hasn’t yet released its salary statistics for the 2021 placement drive, the graph represented above suggests that the average salary at IIM Bangalore may touch close to INR. 30 LPA.

With regards to the sector-wise placements, the Consulting sector dominated the 2021 placement season in most of the above-mentioned institutes.

Institute Leading Sector 2020 Batch 2021 Batch
IIM Bangalore Management Consulting 37% 34.3%
IIM Kozhikode Consulting 29% 32.5%
IIM Lucknow Strategy/Consulting 32% N/A
XLRI Consulting 26% 29%
SPJIMR Consulting 28% 36%

As per the data presented above, it has been observed that the majority of the placements have been offered by the Consulting Sector.

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IIM Bangalore Alumni Report

The following table represents the IIM-B alumni who are currently working under different organizations:

Recruiter/Company No. of Alumni
Oracle 554
Amazon 429
Accenture 392
IBM 322
Cognizant 238
Microsoft 229
Unilever 205
EY 162
Siemens 150
Boston Consulting Group (BCG) 141
McKinsey & Company 115
Google 111
Flipkart 111

IIM Bangalore Placements FAQs

Ques. What sort of placement packages were offered to the students during the 2020 placement drive?

Ans. During the 2020 placement drive, the following placement packages were offered to the students under different programs:

Salary Statistics PGP EPGP
Average Domestic CTC INR. 26.18 LPA INR. 29.88 LPA
Median Domestic CTC INR. 25 LPA INR. 28.50 LPA

Ques. Who were the top recruiters during the 2021 placement drive?

Ans. Some of the top recruiters during the 2021 placement drive include McKinsey and Company, Boston Consulting Group, Kearney, PricewaterhouseCoopers, Tata Consultancy Services, Alvarez and Marsal, Arthur D. Little, IBM Consulting, and etc.

Ques. Which sector offered the maximum number of placements during the 2020 placement drive?

Ans. The 2020 recruitment drive concluded with consulting companies emerging as top recruiters with 147 placement offers. Boston Consulting emerged as the top recruiter with 23 offers followed by Bain & Company with 20 Offers.

Ques. How are the placements under the EPGP program?

Ans. During the 2020 placement drive, a total of 75 students participated in the placement drive for the EPGP program, out of which the highest number of recruitments were done under the Consulting sector. In terms of salary, the median CTC offered was INR. 28.50 LPA and the Mean CTC was INR. 29.88 LPA.