IIM Bangalore Placement & Packages 2021: Process, Lowest, Highest Packages

IIM Bangalore Placement & Packages 2021: Process, Lowest, Highest Packages

ByAditi Joshi  |  Updated on: Jul 23, 2021IIM Bangalore 2021 Details below intended to give Highlights, Admission, Eligibility Criteria, Cutoff, Courses, Fees, Scholarships, Facilities
IIM Bangalore 2021 Details below intended to give Highlights, Admission, Eligibility Criteria, Cutoff, Courses, Fees, Scholarships, Facilities
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IIM Bangalore Placement Highlights

Particulars

Placement Statistics

Number of students

435

Number of offers made

481

Number of companies

150

Pre-Placement offers made/accepted

193/110

Lateral placements offers made/accepted

110/98

Overseas offers

8

Average CTC offered

INR 28.60 LPA

Median CTC offered

INR 28.98 LPA 

IIM Bangalore Placements 2021 were conducted between November 2020-March 2021 for the PGP courses. IIM Bangalore Average Package for this year was between Rs 26.18 lakhs per annum and 28.98 lakh per annum. This is a significant rise in comparison to last year. This year IIM Bangalore has been able to bag 8 international offers and has received 481 offers. 

Latest Updates

  • A total of 440 students bagged more than 481 offers in the IIM Bangalore Final Placements 2021.
  • Some top recruiters as per IIM Bangalore Placement Report 2021 were McKinsey and Company, Boston Consulting Group, Kearney, PricewaterhouseCoopers, Tata Consultancy Services, Alvarez and Marsal, Arthur D. Little, IBM Consulting, Auctus Advisors, KPMG, Infosys, Amazon, Accenture, Deloitte, and Goldman Sachs.
  • Management Consulting was the top recruiting sector for 2021, constituting as much as 37 per cent of the total offers received.  
  • 150 companies participated in the IIM Bangalore Placement Process 2021.

IIM Bangalore Placements Process 2021

IIM Bangalore follows an especially designed placement process, and every year various companies take part in the placement process to hire suitable students. Below you will find a step-by-step explanation of the IIM Bangalore Placement Process 2021.

  • Pre-Placement Talks (PPTs): PPTs give students and different organizations a chance to interact and exchange information. A PPT is generally of 45 minutes during which organization representatives talk about their company and the job profiles being offered. The participants utilize this time to decide whether or not they want to apply for the said job openings. 
  • Applications: Students apply for the job profiles based on the organization's presentation and their individual interest levels. This step is conducted in accordance with the guidelines provided by the recruiting companies. 
  • Shortlisting:  After the applications are made, the companies in question shortlist candidates for interview rounds. 
  • Interviews: This is the most crucial step of the IIM Bangalore Final Placement Process is the Interview round. In the Interview, the representatives from the recruiting company access the candidate's potential and judge the candidate's subject knowledge, personality type, and other significant aspects to pick the right person for the right job. 
  • Offer Letter: Based on a student's performance in the Interview round, he/she get selected or rejected. All selected students receive the offer letters for employment. It is up to them to accept or reject the same on the basis of the terms and conditions of the recruiting company.

IIM Bangalore Top Recruiting Companies

The IIM Bangalore Placements 2021 were not affected much by the predominant COVID-19 circumstance. Despite the global pandemic, IIM Bangalore saw the participation of top recruiting companies like E&Y, Deloitte, Walmart, Accenture, KPMG, HSBC, Goldman Sachs, Amazon, Zomato, ICICI Bank, JP Morgan Chase, Barclays, Morgan Stanley, Tolaram, Squareyards,  Protiviti, EXL,  Bajaj, Axis, Tata, and WIPRO. Top recruiters with maximum offers were from Consulting sector, followed by the IT sector with 78 offers, followed by the Finance sector with 67 offers. The Top recruiting company with the highest number of placement offers was  Accenture with 45 offers, followed by Bain and Company with 24 offers. 

The tables given below shall give you an insight into the IIM Bangalore Top Recruiting Companies 2021,  and Domain-Wise Top Recruiters 

IIM Bangalore Top Recruiting Companies 2021

Top Recruiting Companies

Offers Made

Accenture

45

Bain and Company

24

McKinsey

18

BCS

13

PwC

10

Domain-Wise Top Recruiters

Domain

Number of Offers

Consulting

165

IT

78

Finance

67

Leadership Tracks and General Management

47

Sales and Marketing

50

Operations

9

IIM Bangalore Domain-Wise Placement Statistics

 

Domain

Recruiters and number of offers

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

Consulting

Accenture (45), Bain & Company (24), 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)

Finance

Goldman Sachs (22), 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)

Leadership Tracks and General Management

RPG Group (10), 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)

Sales & 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)

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

 

IIM Bangalore Top Alumni Recruiters

IIM Bangalore has had a wide range of alumni networks working across multiple domains, sectors and countries. Below are tables that represent the distribution of IIM Bangalore Alumni working across various disciplines and companies.

Domain-Wise Top Alumni Placement

Domain 

Alumini Placement Percentage

Business Development

24%

Operations

12%

Engineering

8%

IT

8%

Sales

7%

Finance

6%

Consulting 

6%

Others

29%

Company-Wise Top Alumni Placement

Recruiter/Company

No: of Alumni

Accenture

392

Amazon

429

Oracle

554

Microsoft

229

Cognizant

238

IBM

322

Siemens

150

Unilever

205

Boston Consulting Group

141

McKinsey and Company

115

Flipkart

111

Google

111

 

IIM Bangalore Sector-Wise Placements

If we talk about IIM Bangalore Sector-Wise Placements, then top-sectors that offered placements in IIM Bangalore were Consulting Sector and the IT sector, which recruited maximum students, whereas the Operations sector has recruited a minimum number of students. Below is the table showing the comparison between each sector's contributions towards IIM Bangalore Placements 2021.

Sector

Percentage of Total Placements Offered

Business Analytics 

3%

E-Commerce

11%

Consulting

36%

General Management

9%

IT/Products

17%

Finance

14%

Marketing & Sales 

9%

Operations 

1%

IIM Bangalore Sector-Wise Salary Packages

IIM Bangalore Placements 2021 saw prominent participation from various renowned companies mapping to sectors such as Consulting, General Management, IT, Finance, E-Commerce, and Sales and marketing. IIM Bangalore Sector-Wise Salary Packages 2021 range between 25 LPA and 55 LPA. Below is the table explaining IIM Bangalore Sector-Wise Salary Packages offered by top recruiters.

Sector

Salary Range

Consulting 

50-55 Lakhs

General Management

36-27 Lakhs

Finance

50 Lakhs

IT/Analytics

40-45 Lakhs

E-Commerce

25-35 Lakhs

Sales & Marketing

26-27 Lakhs

 

Posted by:

Aditi JoshiAditi JoshiMember since Mar 2021
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IIM Bangalore College Placement & Packages FAQs

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  • IIM Bangalore average salary package 2021 for the flagship PGP course stood at Rs 28.98 LPA.

  • If you cannot come down to the campus, IIM Bangalore Placement Process can be conducted through teleconferencing, videoconferencing, Skype etc.

  • The placement guide for the year is regularly available for dispatch/download in October. For a printed duplicate of the guide, email your relationship chief or keep in touch with the Placement Office, Indian Institute of Management, Bangalore, INDIA.

  • IIM Bangalore concluded its summer placements 2020-2021 with a total of 446 offers made to 441 students. But out of all, only 437 offers were accepted. The Management Consulting sector made the maximum summer placement offers.

  • Some prominent companies from the E-commerce sector that took part in IIM Bangalore Placements 2021 are Amazon, Byjus, Grofers, Paytm, Razorpay, Flipkart, Myntra, and Prione

  • Some finance sector companies that were a part of the IIM Bangalore Final Placement Process this year include JP Morgan, ICICI, Avendus Capital, Kotak Mahindra Bank, Wells Fargo, Allianz Benelux, Motilal Oswal, IDFC Bank, HSBC, Matrix Partners, BNY Mellon, and Citibank. 

  •  Placement Fees is not applicable for the hiring of summer interns. It is applicable for the final & lateral placements (full-time hire). If the firm extends a PPO to the summer intern, the fees will be charged. The Placement Fee is applicable for the full time hire from any of the programmes (i.e. PGP, FABM, FPM and PGPX) at IIM Bangalore. IIM Bangalore Placement fees will be waived off for the students who get jobs with companies that fall under the defined waiver criteria. 

  •  No, it is not compulsory. However, for your bright future that IIM Bangalore organizes on-campus placement drives so that maximum students can acquire dream jobs with high salary packages.

  • Some sales and marketing sector companies that were a part of the IIM Bangalore Final Placement Process this year include Colgate Palmolive, P&G, HUL, Marico, Asian Paints, Nestle, Coca Cola, Samsung, Vodafone, Airtel, Cavinka, e Lenovo, Dabur, and Loreal.

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