MBA placements · official reports

MBA Placements in India: Median Salaries Compared

Median salaries in the official placement reports we have verified range from ₹4.05 lakh (IPS Academy IBMR) to ₹37 lakh (IIM Ahmedabad) a year. Reports cover different graduating years and define salary in their own way, so each figure carries its year and source. Past medians describe a past batch; they do not promise yours.

By ProCounsel Editorial TeamReviewed by ProCounsel counselling teamLast updated 12 Nov 2026

Official sources only · last verified 12 Nov 2026

What is the median MBA salary at each college?

Median annual salary, graduating year in brackets.

MBA Placements in India: Median Salaries Compared
InstituteProgrammeMedian salaryWhat it covers
IIM AhmedabadAhmedabadMBA-PGP₹37,00,000 (2026)sourceMedian 'Maximum Earning Potential' for the MBA-PGP Class of 2026 (392 students), from the IPRS-audited final placement report.
IIM CalcuttaKolkataMBA₹35,00,000 (2026)source61st batch (Class of 2026), 458 students.
IIM BangaloreBengaluruPGP₹34,75,000 (2026)sourcePGP and PGPBA combined, Class of 2026.
IIM MumbaiMumbaiMBA₹34,00,000 (2025)sourceNIRF 2026 median, graduating AY 2024-25, all 2-yr PG programmes. Final Placements Report Batch 2024-26 (https://iimmumbai.ac.in/placement/storage/files/Placement_Report_Batch_of_2026.pdf) gives only 'INR 33.0 LPA Average Median of Past 3 Years' and 'Average CTC 31.4' LPA, not a single-year median.
IIM LucknowLucknowMBA₹32,90,000 (2026)sourcePGP (MBA) and PGP-ABM combined, batch of 2026.
SPJIMRMumbaiPGDM₹32,85,000 (2026)source2024-26 batch final placements (Class of 2026). Combined PGDM + PGDM (BM) Class of 2026: 356 participants, 100% placed; highest CTC INR 75 LPA; 80 companies; 46% PPOs. Official press release dated 12 Dec 2025; no separate PGDM-only figure and no audit reference stated.
FMS DelhiNew DelhiMBA₹29,59,000 (2026)source2024-26 batch final placements. Official FMS Final Placement Report 2024-26: batch 307, 304 appeared, 287 placed, 3 placement holidays; 119 companies participated; average CTC 32.27 L, median CTC 29.59 L, top-100 average 45.19 L, highest CTC 1.1 Cr. Not stated as externally audited.
MDI GurgaonGurugramPGDM₹29,00,000 (2026)source2024-26 batch final placements. Official MDI Final Placement Report 2024-26 (PGDM, 313 students): entire batch average 29.5 L, median 29.0 L; top-10 percentile average 45.7 L. Institute-wide: 157 recruiters, 189 PPOs, highest CTC 97.50 L (BFSI). Audit not stated.
TISS MumbaiMumbaiMA-HRM&LR₹28,00,000 (2026)source2024-26 batch final placements (Feb 2026). Official HRM&LR Final Placement Report 2026: 65 students participated, 34 companies, 58 HR-domain offers; highest Rs 66 L, mean Rs 28.69 L, median Rs 28 L; 20 PPOs. Not stated as audited.
IIM KozhikodeKozhikodePGP₹27,50,000 (2025)sourceClass of 2025 (latest final placement report on iimk.ac.in); PGP, PGP-Finance and PGP-LSM combined.
SIBM PunePuneMBA₹27,00,000 (2026)source2024-26 batch final placements (Campus Recruitment Programme 2025). Official CRP 2025 report for the MBA batch of 2024-26: highest CTC Rs 74.84 LPA, average Rs 28.18 LPA, median Rs 27.00 LPA; 110+ recruiters; 132 PPOs. Not stated as audited.
JBIMSMumbaiP1₹26,15,000 (2026)source2024-26 batch final placements. MMS only, from the Unified Final Placement Report 2024-26: batch strength 155; mean CTC INR 26.67 LPA, median INR 26.15 LPA, highest INR 80 LPA, top 10% avg INR 38.25 LPA, top 30% avg INR 33.37 LPA; 70+ recruiters, 93 PPOs/PPIs. No audit stated. (NIRF 2026 data: median INR 27 lakh for 219 placed graduates of 2024-25, all 2-yr PG programmes.)
IIM ShillongShillongPGP₹26,00,000 (2026)sourceMedian CTC, placement completion report for the PGP 2024-26 batch.
SJMSOM IIT BombayMumbaiMBA₹26,00,000 (2026)source2024-26 batch final placements. Final Placement Report 2024-26: 100% placement, batch 126, median 26 LPA, average 28.16 LPA, highest 53.80 LPA, PPO rate 35.7%. No audit mentioned.
IIM IndoreIndorePGP₹25,00,000 (2026)sourceClass of 2026: 586 graduates (492 MBA and 94 IPM dual-degree) combined; no PGP-only median published.
MDI GurgaonGurugramPGDM-HRM₹23,00,000 (2026)source2024-26 batch final placements. Official MDI Final Placement Report 2024-26, PGDM-HRM (124 students): batch average 24.8 L (up from 24.14 L), median 23.0 L.
DMS IIT DelhiNew DelhiP1₹22,50,782 (2025)source2023-25 batch final placements. DMS IIT Delhi Final Placement Report 2023-2025 (MBA & MBA Telecom): 98% placement, median INR 22,50,782, average INR 22,52,966, female average 23,28,717, highest 43,55,300. 2024-26 final report not yet published. No audit mentioned. Figures read from PDF text where trailing digits were clipped; matched to full values.
SCMHRDPuneMBA₹20,00,000 (2026)source2024-26 batch final placements. Official Final Placement Report batch 2024-26, flagship MBA (HR, Sales & Marketing, Finance) combined: highest Rs 38.00 L, median Rs 20.00 L, average Rs 21.90 L; 114+ recruiters; 50% of offers at Rs 20 L and above. Excludes MBA-BA and MBA-IDM. Not stated as audited.
MICAAhmedabadPGDM-C₹19,57,000 (2026)source2024-26 batch final placements. Official MICA Placement Brochure 2026-27, 'Final Placements - Batch 2024-26' (labelled PGP; 197 students placed, 91 recruiters, 100% placement): highest CTC 45.67 LPA, average 20.12 LPA, median 19.57 LPA, top-25 average 34.00 LPA. The report does not split PGDM-C and PGDM. Not stated as audited. (MICA's PGDM-C web page separately shows 'Average 19.22 LPA, highest 40.91 LPA' labelled 2025 data; not used.)
IIM RaipurRaipurMBA₹18,40,000 (2025)sourceMedian CTC of offers accepted, final placement report 2023-25 (graduating 2025; image-only PDF, figure read from the page). No 2024-26 report found on the official site.
IIM TiruchirappalliTiruchirappalliPGPM₹18,10,000 (2024)sourceNIRF 2025 median for graduates of 2023-24 (all 2-year PG programmes). The 2024-26 figure on iimtrichy.ac.in (INR 16,75,000) is from an interim, unaudited update, so it is not used.
IIM UdaipurUdaipurMBA₹18,01,861 (2026)sourceMedian Maximum Earning Potential, MBA 2024-26 final placement audit report (auditor's letter dated 15 Oct 2026; file name says '3rd-draft'). Median guaranteed cash component: INR 14,01,626.
IIM RanchiRanchiMBA₹18,00,000 (2026)sourceMedian, audited final placement report for the batch graduating 2026.
IIM RohtakRohtakPGP₹18,00,000 (2026)sourceMedian CTC, final placement report 2024-26.
IMI New DelhiNew DelhiPGDM₹17,38,000 (2026)source2024-26 batch final placements. IMI Delhi Final Placement Report 2024-26, PGDM programme figures (median 17.38 LPA, average 18.65 LPA, highest 68.66 LPA). Overall across PGDM/HRM/B&FS (414 students): median 17.20 LPA, average 18.08 LPA. Report does not mention an audit.
IMT GhaziabadGhaziabadP1₹16,50,000 (2026)source2024-26 batch final placements. IMT Ghaziabad official placements page, final placement 2024-26: average CTC 17.64 LPA, median 16.50 LPA, highest domestic 35.00 LPA, highest international 46.17 LPA; 195 recruiters (86 new). Figures appear to cover all IMT Ghaziabad 2-year PGDM programmes combined; audit not stated.
IIM NagpurNagpurMBA₹16,31,600 (2026)sourceMedian CTC, final placement report 2024-26 (not marked audited). The audited 2023-25 report gives a median MEP of INR 17,03,700.
IIM JammuJammuMBA₹15,80,000 (2025)sourceNIRF 2026 data submitted by IIM Jammu: median for graduates of academic year 2024-25 (all 2-year PG programmes). The MBA 2024-26 placement report linked from iimj.ac.in (hosted on Google Drive) states a median CTC of INR 15.00 LPA.
IIM SambalpurSambalpurMBA₹15,02,692 (2025)sourceLatest official final placement report found (batch 2023-25). Report notes '*The data presented is reported up to 31st March'.
IIM KashipurKashipurMBA₹14,46,950 (2025)sourceMedian CTC, audited final placement report 2023-25 (graduating 2025); MBA and MBA (Analytics) combined; figure read from page images.
IIM SirmaurPaonta Sahib (Sirmaur)MBA₹14,20,000 (2025)sourceNIRF 2026 median of placed graduates, graduating AY 2024-25, all 2-year PG programmes. The official Final Placement Report AY 2024-25 (https://iimsirmaur.ac.in/sites/default/files/inline-files/Final%20Placement%20Report%20AY%202024-25.pdf) states only averages ('The overall average CTC for the batch was ₹ 13.3 lakhs').
IIM VisakhapatnamVisakhapatnamPGP₹14,00,000 (2026)sourceMedian CTC for the 2024-26 batch (stats as on 31 July 2026); the report opens only as page images, figure read from the page.
IMI KolkataKolkataPGDM₹12,54,000sourceLatest final placements (batch not stated on page). Official PGDM 2027-29 admission page 'Placement Statistics': highest CTC 41.36 LPA, average 13.69 LPA, top-10% average 23.68 LPA, median 12.54 LPA. The page does not name the batch (most likely 2024-26). Audit not stated.
IIM AmritsarAmritsarMBA₹12,29,000 (2025)sourceNIRF 2026 median salary of placed graduates (graduating AY 2024-25), all 2-year PG programmes combined. The 2026 final placement page (iimamritsar.ac.in/placements/final-placement) gives only top-50/top-50% medians (e.g. 'average CTC for the top 50% of the batch was INR 16.30 LPA, with a median of INR 15.25 LPA'), not an overall batch median.
IIM Bodh GayaBodh GayaMBA₹12,12,000 (2025)sourceMedian Maximum Earning Potential, MBA 2023-25 (graduating 2025), audited final report (scanned; figure read from the page image).
KJSIMMumbaiMBA₹12,00,000 (2026)source2024-26 batch final placements. MBA 2024-26 per KJSIM placement highlights page: median CTC INR 12 LPA, highest INR 29.30 LPA, 210 recruiters. Placement brochure 2026-27 gives top 10% avg 19.88 LPA, top 20% 17.85 LPA, top 30% 16.86 LPA and says the audited report is awaited. Overall average not clearly stated for this batch, so left null. Earlier batches audited by CRISIL.
WeSchoolMumbaiPGDM₹11,78,000 (2025)source2023-25 batch final placements. Placement Facts (2023-2025) in the PGDM 2026-28 brochure: median INR 11.78 LPA, average INR 11.70 LPA, maximum INR 40 LPA. (2022-24: median 11.48, average 12.26, max 22 LPA.) No 2024-26 PGDM final report found on the official site; no audit stated.
IISWBMKolkataP1₹9,00,000 (2025)source2024-25 (MBA Day placement snapshot). Official 'MBA (Day) Placement Snapshot (2024-2025)' PDF (linked as 'MBA(Day) Placement Report 2025' on IISWBM's placement-reports page): highest domestic package Rs 16 LPA, average Rs 8 LPA, median Rs 9 LPA (median above average as published), 60 companies, 16 first-time recruiters. Batch size and audit not stated.
Jaipuria IndoreIndorePGDM₹9,00,000 (2025)source2023-25 batch (graduating 2024-25), NIRF 2026 data. Median salary of placed PG-2-year graduates as submitted by the institute for NIRF 2026: Rs 9,00,000 for graduating year 2024-25 (169 graduated, 167 placed); Rs 8,40,000 for 2023-24; Rs 8,01,000 for 2022-23. No Indore-specific average published; the group placement page (2024-26) gives only all-campus highest Rs 24.11 LPA and top-10%/top-20% averages, which are not used here.
Praxis KolkataKolkataPGDM₹9,00,000 (2026)sourceClass of 2026 (2024-26 batch) final placements. Official Placements page, Final Placement Statistics Class of 2026: highest CTC 20.62 LPA, average 9.18 LPA, median 9.00 LPA, 94.63% placed, 64 companies, 23 new. Business Analytics segment: average 10.69 / median 11.57 LPA; HR/Operations: average 7.03 / median 7.10 LPA. The PGDM landing page shows different figures (highest 20.65, average 9.08 LPA) without a batch; the dated placements page is used. Audit not stated.
SIBM HyderabadHyderabadMBA₹8,20,000 (2025)sourceMBA batch 2023-25 final placements. SIBM Hyderabad Final Placement Report, Batch 2023-2025 (infographic on the institute's placement report page): average CTC 9.1 LPA, median CTC 8.2 LPA, highest 31 LPA, top decile 11.6 LPA, top quartile 10 LPA; 82 participating recruiters. The 2024-26 report page was empty on 2026-11-12. Audit not stated.
PIMR IndoreIndoreMBA₹4,74,000 (2025)source2023-25 batch (graduating 2024-25), NIRF data. Median salary of placed PG-2-year graduates (all MBA programmes combined) as submitted by PIMR in its NIRF data PDF (header reads NIRF'2026'; file hosted under a 2025/03 upload path): Rs 4,74,000 for 2024-25 (900 graduated, 675 placed); Rs 4,80,000 for 2023-24; Rs 4,85,000 for 2022-23. No official average published.
SVIMS IndoreIndoreMBA₹4,50,000 (2025)source2023-25 batch (graduating 2024-25), NIRF data. Median salary of placed PG-2-year graduates as submitted by SVIMS in its NIRF data PDF (header NIRF'2026', file named Management_Report_2025): Rs 4,50,000 for 2024-25 (204 graduated, 140 placed); Rs 3,50,000 for 2022-23. The 2023-24 row shows 350000 in figures but 'Two Lakhs fifty thousand' in words, so it is not used. No official average published.
IPS Academy IBMRIndoreMBA-Core₹4,05,000 (2024)source2022-24 batch (graduating 2023-24), NIRF 2025 data. Median salary of placed PG-2-year graduates as submitted by IBMR for NIRF 2025: Rs 4,05,000 for 2023-24 (538 graduated, 406 placed); Rs 4,80,000 for 2022-23; Rs 5,25,000 for 2021-22. No NIRF 2026 file found on the institute site; no official average published.

How should you read MBA placement figures?

  • Use the median, and check how many of the batch sought and got placements.
  • Compare the same graduating year where you can; markets move from year to year.
  • Look at the median for your intended specialisation if the report gives one.
  • Treat any figure not in an official report on the institute’s own website with caution.

Frequently asked questions

Which MBA college has the highest median salary?

Among the reports we have verified, the highest median is ₹37,00,000 a year at IIM Ahmedabad (2026).

Why the median and not the average or highest package?

The median is the salary of the middle graduate, so a few very large offers cannot pull it up. The highest package describes one person. We show medians only and never mix them with averages.

Do past placements guarantee a job after an MBA?

No. Placements depend on the economy, your specialisation, prior experience and your own performance. Use the figures to compare institutes, not to predict your salary.

Sources

Official documents used on this page, last checked on 12 Nov 2026.

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