Most significantly, IIT Bombay's SJMSoM recorded salary figures at part with some of India's most revered institutes, including some of the IIMs. The institute witnessed an impressive 17% surge in the median salary for the 110-strong MBA batch of 2022, and also saw nearly 1.5x leap in the highest salary offered: INR 49 lakhs. It's no wonder then that the institute is ranked 11th in the NIRF MBA rankings of 2022.
Notably, IIT Madras recorded an astonishing 30% increase in the average salary offered to the MBA batch, also recording a top-50th percentile average of INR 20.27 lakhs. IIT Kanpur also impressed with growth in salaries, recording a nearly 1.25x uptick in the median salary for the batch, despite a 10% increase in the batch size.
IIT Delhi (which has surprisingly limited information available in its placement reports) also recorded a massive surge in the batch's median salary, growing by nearly 30% over the previous and standing at INR 20.60 lakhs. With the exception of VGSoM IIT Kharagpur, every single IIT has recorded exceptional placements despite increases in batch sizes.
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Consulting Rules the Roost During Placements Season At IITs | IIT MBA Placements 2022
In 2022, Consulting roles/roles with Consulting companies were the most sought-after for MBA batches at the IITs, with the function at the top of the pecking order at IIT Kharagpur and IIT Bombay. IT and Analytics roles were also in-demand. For more information, please visit the official websites of the institutes mentioned in this report.
Note: Domain/industry preference information was unavailable for IITs Roorkee and Madras.
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Top Brands on Campus, Top Salaries for Female Candidates, and Other Highlights | IIT MBA Placements 2022
In other highlights, the IITs witnessed top brands hiring from their graduating MBA batches, with companies like Accenture, Microsoft, McKinsey, Bain, Amazon, and many others recruiting IIT MBA students. There were significant surges in recruitment figures at SJMSoM IIT Bombay, and the lowest salary (on-campus) stood at a still-impressive INR 17 lakhs, though the lowest overall salary stood at INR 14 lakhs.
Mentioned below are some other key highlights from IIT MBA placements in 2022.
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