Moneycontrol PRO
HomeEducationIIM Bangalore placement 2024: 516 students secure jobs in a 'difficult' year, median salary Rs 32 lakh

IIM Bangalore placement 2024: 516 students secure jobs in a 'difficult' year, median salary Rs 32 lakh

The placement week, which ended on February 7, 2024, saw 503 students placed, while 13 students were placed in a subsequent rolling placement process.

March 29, 2024 / 11:49 IST
IIM Bangalore placement 2024: 516 students secure jobs in a 'difficult' year, median salary Rs 32 lakh

The final placements for Post Graduate Programme (PGP)-BA and PGP 2024 of the Indian Institute of Management (IIM) Bangalore saw 516 eligible students accepting job offers from 163 firms.

The placement week, which ended on February 7, 2024, saw 503 students placed, while 13 students were placed in a subsequent rolling placement process. A record 29 students have been placed abroad with Infosys Consulting (7), Strategy& Middle East (6), Jindal Shadeed (5), TransformationX (3), EY Parthenon Singapore (2), JP Morgan Chase London (2), Health City Cayman Islands (2), Fast Retailing, Japan (1) and Landmark Group, Middle East (1) while 487 students will be working in India.

The median annual salary stands at Rs. 32.5 lakh per annum (LPA).

Consulting firms made the most offers (218), while offers in finance, banking and investments were 81. IT firms and ecommerce firms made 49 offers each. Manufacturing and infrastructure firms made 36 offers, conglomerates made 30 offers, consumer goods and retail firms made 28 offers. Also, analytics and AI firms made 13 offers and healthcare related firms made 12 offers.

“In a difficult placement year, we are immensely grateful to Accenture as they reposed confidence in IIMB students by making a record 58 offers across its three units – Global Networks, India Markets Unit and Data & AI,” said Professor Ganesh N Prabhu, Chairperson, Career Development Services, IIMB.

Moneycontrol News

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347