MBA Placements 2024: In 2024, there was a high demand for MBA graduates as leading companies in different industries looked to benefit from their strategic thinking and leadership abilities. Many top MBA colleges like IIM Ahmedabad, IIM Calcutta, XLRI, SPJIMR, IIM Lucknow, and IIM Indore have finished their MBA Placements 2024. However, several other leading B-schools are yet to announce their placements.
This blog post offers a detailed look at the top recruiters for MBA graduates in India 2024. This blog also focuses on the sectors that were prominent in the job market and the average MBA salary packages that were being offered.
MBA Placement 2024: Average Salary Packages
The average salary packages offered to MBA graduates in 2024 varied depending on the sector and the specific role. However, consulting firms and technology giants generally offered the highest salaries, followed by financial services and FMCG/retail. The table below provides a breakdown of the average salary packages offered by the top recruiters to top B-Schools:
| Sr. no. | Name of college | Fee (Lakhs) | Average Package (Lakhs) | Cutoffs (Percentile) |
| 1 | IIM Ahmedabad | 25 | 36.14 | 99.5+ |
| 2 | IIM Bangalore | 24.5 | 35.92 | 99.6+ |
| 3 | IIM Calcutta | 27 | 35.07 | 99.5+ |
| 4 | FMS Delhi | 2 | 34.1 | 99.5+ |
| 5 | ISB Hyderabad | 42 | 33.25 (80% mean) | 720+ (GMAT) |
| 6 | IIM Lucknow | 20.75 | 30 | 98+ |
| 7 | XLRI Jamshedpur | 27.4 | 29.89 | 96+ (XAT) |
| 8 | IIM Kozhikode | 22.5 | 28.05 | 98+ |
| 9 | SPJIMR | 22.5 L (PGDM) | 33 | 99+ |
| 10 | IIM Indore | 21.14 (approx) | 25.68 | 98+ |
| 11 | IIM Mumbai | 21 | 33.84(Top 50 %) | 99+ |
| 12 | JBIMS | 6.10 | 26.12 | 99.9+ |
| 13 | IIFT Delhi | 21.7 | 29.1 | 98+ |
| 14 | IIM Shilong | 26 | 26.1 | 95+ |
| 15 | IIT Bombay | 14.77 | 28.01 | 98+ |
| 16 | MDI Gurgaon | 24.99 | 25.5 | 95+ |
IIM Ahmedabad Placements
The Final Placement Report for the 2024 cohort of the PGP and PGP-FABM programs at the prestigious Indian Institute of Management Ahmedabad (IIM-A) marks yet another significant achievement, upholding the institute's legacy of excellence year after year, IIM Ahmedabad has once again secured 100% placements for its graduating students. Companies from diverse sectors took part in the placement process, which was organized across three clusters.
| Name of college | Fee (Lakhs) | Average Package (Lakhs) | Cutoffs (Percentile) |
| IIM Ahmedabad | 25 | 36.14 | 99.5+ |
Also Read, IIM Ahmedabad Placements
IIM Bangalore Placements
The Indian Institute of Management Bangalore (IIM-B) continues to prove itself as one of India’s top business schools with excellent placement results for its students. In the 2024 placement season, all students from the PGP and PGP-BA programs were successfully placed, highlighting the institute’s strong industry connections. Top companies from various sectors like consulting, finance, e-commerce, and technology offered a range of roles with good salary packages. IIM Bangalore’s constant placement success shows its strength in preparing future business leaders and building strong relationships with top recruiters worldwide.
| Name of college | Fee (Lakhs) | Average Package (Lakhs) | Cutoffs (Percentile) |
| IIM Bangalore | 24.5 | 35.92 | 99.6+ |
Also Read, IIM Bangalore Placements
IIM Calcutta Placements
The Indian Institute of Management Calcutta (IIM-C) continues to shine as one of India’s top business schools with great placement results for its students. In the 2023 placement season, all students from the PGP program were successfully placed, highlighting the institute’s strong connections with industries and its powerful alumni network. Leading companies from various sectors like consulting, finance, e-commerce, and technology offered diverse roles and attractive salary packages. IIM Calcutta’s consistent placement success shows its ability to train future business leaders and maintain strong relationships with top recruiters around the world.
| Name of college | Fee (Lakhs) | Average Package (Lakhs) | Cutoffs (Percentile) |
| IIM Calcutta | 27 | 35.07 | 99.5+ |
Also read, IIM Calcutta Placements
IIM Lucknow Placements
The Indian Institute of Management Lucknow (IIM-L) continues to show strong placement outcomes, securing 100% placements for its PGP and PGP-ABM batches in the 2024 season. Leading companies from diverse sectors, including consulting, finance, IT, manufacturing, and e-commerce, participated, offering a variety of roles with competitive salary packages. IIM Lucknow’s strong academic framework, industry connections, and growing alumni network have played a key role in its consistent placement records, making it as a top choice for MBA aspirants.
| Name of college | Fee (Lakhs) | Average Package (Lakhs) | Cutoffs (Percentile) |
| IIM Lucknow | 20.75 | 30 | 98+ |
Also read, IIM Lucknow Placements
IIM Kozhikode Placements
The Indian Institute of Management Kozhikode (IIM-K) continues its streak of excellent placement outcomes, achieving 100% placements for its PGP batch in 2024. Top recruiters from sectors like consulting, finance, technology, and e-commerce offered diverse roles with excellent packages. IIM Kozhikode’s strong industry ties and focus on holistic education have contributed to its consistent placement success. With a growing reputation and expanding alumni network, IIM Kozhikode remains a leading choice for aspiring management professionals across the country.
| Name of college | Fee (Lakhs) | Average Package (Lakhs) | Cutoffs (Percentile) |
| IIM Kozhikode | 22.5 | 28.05 | 98+ |
Also read, IIM Kozhikode Placements
IIM Indore Placements
The Indian Institute of Management Indore (IIM-I) has once again achieved 100% placements for its PGP and IPM batches in the 2024 placement season. Leading companies from sectors like consulting, finance, IT, and e-commerce participated, offering a variety of roles with attractive salary packages. IIM Indore’s strong academic sessions, alumni network, and vast study curriculum have contributed to its amazing placement success. The institute’s growing reputation and expanding alumni network continue to make it a top choice for MBA aspirants.
| Name of college | Fee (Lakhs) | Average Package (Lakhs) | Cutoffs (Percentile) |
| IIM Indore | 21.14 (approx) | 25.68 | 98+ |
Also read, IIM Indore Placements
Top Recruiters for MBA Graduates in India
| Company | Industry |
|---|---|
| McKinsey & Company | Consulting |
| Bain & Company | Consulting |
| Boston Consulting Group | Consulting |
| Goldman Sachs | Financial Services |
| Morgan Stanley | Financial Services |
| JP Morgan Chase | Financial Services |
| Deloitte | Consulting |
| Accenture | Consulting |
| Tata Consultancy Services (TCS) | IT Services |
| Infosys | IT Services |
| Wipro | IT Services |
| Hindustan Unilever | FMCG |
| Procter & Gamble | FMCG |
| Nestle | FMCG |
| Amazon | E-commerce |
| Technology | |
| Microsoft | Technology |
| Apple | Technology |
| Reliance Industries | Conglomerate |
| Tata Steel | Manufacturing |
| Mahindra Group | Conglomerate |
| Aditya Birla Group | Conglomerate |
| ICICI Bank | Banking |
| HDFC Bank | Banking |
| SBI | Banking |
MBA Placements in Top Consulting Firms
Consulting firms have long been a major player in the MBA placement in top B-schools, and 2024 was no exception. McKinsey & Company, Bain & Company, and Boston Consulting Group continued to be the Best MBA Recruitment Companies, offering lucrative packages and challenging roles to MBA graduates. These firms are known for their rigorous recruitment processes, which assess candidates' problem-solving abilities, analytical skills, and communication prowess.
Technology Giants: Best MBA Recruitment Companies
The technology sector witnessed a significant increase in demand for MBA graduates in 2024. Amazon, Google, Meta, Microsoft, and Apple were among the top recruiters, offering roles in product management, business development, and strategy. These companies value MBA graduates for their ability to bridge the gap between technology and business, driving innovation and growth.
Financial Services MBA Placement 2024
The financial services sector remained a consistent recruiter of MBA graduates in 2024. Goldman Sachs, Morgan Stanley, and JP Morgan Chase were among the top firms, offering roles in investment banking, corporate finance, and risk management. MBA graduates with a strong foundation in finance and a keen understanding of market dynamics were highly sought after in this sector.
FMCG and Retail Recruitment Report
The fast-moving consumer goods (FMCG) and retail sectors also emerged as significant recruiters of MBA graduates in 2024. Companies like Procter & Gamble, Unilever, and Walmart were actively hiring MBA graduates for roles in marketing, sales, and supply chain management. The growing consumer market and the increasing emphasis on branding and customer experience the demand for MBA talent in these sectors.
Conclusion
In conclusion, the MBA placement landscape in 2024 was vibrant, with a wide range of sectors actively recruiting MBA graduates. Consulting firms, technology giants, financial services, and FMCG/retail emerged as the top recruiters, offering lucrative packages and challenging career opportunities. As the global economy continues to evolve, the demand for MBA talent is expected to remain strong in the coming years.
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