Sudeep Singh
Sudeep Singh

In Summary

  • IIT Kharagpur MBA Placements 2024 concluded with 100%, placing all 118 candidates.
  • The IITKGP MBA Average Package is Rs. 20.83 LPA.
  • The Highest Package is Rs. 37.07 LPA.
  • The total Number of PPOs recieved is 46.

 

The Vinod Gupta School of Management (VGSOM) at IIT Kharagpur's MBA Placements 2024 concluded with a 100% placement rate, placing all 118 candidates. The institute has received 46 Pre-Placement Offers along with an Average Package was Rs. 20.83 LPA and a Median Package of Rs. 20.65 LPA. The IIT Kharagpur Highest Package for MBA also reached Rs. 37.07 LPA, however, saw a decline of 15.30% from the previous year.

The IIT Kharagpur Average package for top 10% MBA candidates has reached Rs. 31.62 LPA, while it has reached Rs. 24.48 LPA for top 50% candidates. Furthermore, the Strategy and Consulting became the highest recruiting domain with 29% of the total placements, followed by BFSI and Supply Chain & Operations with 22% and 20%, respectively.  Read the full IIT Kharagpur Placement report for 2024, along with comprehensive previous year salary trend analysis.

 

IIT Kharagpur MBA Placements 2024 Highlights

ParticularsPlacement Statistics
Registered Candidates118
Placed Candidates118
PPOs Recieved26
Highest Package for MBARs. 37.07 LPA
Average Package for MBARs. 20.83 LPA
Median Package for MBARs. 20.65 LPA
Top 10% Average PackageRs. 31.62 LPA
Top 25% Average PackageRs. 27.45 LPA
Top 50% Average PackageRs. 24.48 LPA
Top Recruiting DomainStrategy & Consulting
Top RecruitersAccenture, Deloitte, Berger, Cognizant, EY, Godrej, Infosys

 

IIT Kharagpur PPOs Trend

YearPPOs Recieved
202446
202341
202234

 

IIT Kharagpur MBA Placements 2024: Domain-wise

In 2024, students in the MBA programme at IIT Kharagpur had a record-breaking success rate in securing jobs that saw all 118 students getting positions. The most lucrative compensation package was Rs37.07 LPA, while the median and average packages are Rs20.83 LPA and Rs20.65 LPA according to. The Strategy & Consulting is the most recruiting domain, placing 29% of all candidates. It was followed by BFSI with 22 %, Supply Chain & Operations with 20 %, and Analytics with 17 %.

DomainPlacement Rate (2024)Placement Rate (2023)Placement Rate (2022)
Startegy & Consulting29%30%29%
BFSI22%10%8%
Supply Chain & Operations 20%19%27%
Analytics17%18%19%
Sales & Marketing4%8%-
Others8%15%17%

Looking at the past trends, the rate of placements in 2023 mirrored the same pattern, however, with a notable increase in the BFSI segment, which grew from 10 % in 2022 to %age in 2024. Overall, though Strategy & Consulting has remained an option for students, the growing demand for BFSI is a sign of changing market dynamics and potential opportunities within the industry.

 

IIT Kharagpur MBA Domain-Wise Placement

 

IIT Kharagpur MBA Salary Analysis

IIT Kharagpur's MBA program for 2024 seems to indicate mixed results compared to previous years.  This year's top package stood at Rs. 37.07 LPA, 15.30% lower than last year’s high of Rs. 43.37 LPA.  The average package for 2024 is Rs. 20.83 LPA, which also marks a reduction from 2023’s Rs. 22.13 LPA.  The same trend can be seen in the median package, which also dipped slightly from Rs. 21.04 LPA to Rs. 20.65 LPA.

 Over the past three years, the highest package has fluctuated from Rs. 31.98 LPA in 2022, increasing in 2023, and declining in 2024. The average package experienced steady growth, starting from Rs. 19.36 LPA in 2022, peaking in 2023, and then declining in 2024.

MBA Package202420232022
Highest PackageRs. 37.07 LPARs. 43.37 LPARs. 31.98 LPA
Average PackageRs. 20.83 LPARs. 22.13 LPARs. 19.36 LPA
Median PackageRs. 20.65 LPARs. 21.04 LPARs. 18.08 LPA

 

IIT Kharagpur MBA Salary Analysis

 

IIT Kharagpur MBA Average Package Trend

The average trend of packages of the IIT Kharagpur's MBA program over the last three years has shown a significant change. In 2024, the average package cost Rs. 20.83 LPA. This is the decline of Rs. 22.13 LPA for 2023, but an increase over Rs. 19.36 LPA for 2022.

In examining the top percentiles of graduates to determine the average salary for the highest 10 percent of students, has increased slightly by Rs. 31.62 LPA for 2024, up from Rs. 31.55 LPA in 2023, which indicates consistent excellent earnings among the best performers.

The average for the top 25% package remained fairly steady in the range of Rs. 27.45 LPA by 2024 as compared with Rs. 27.78 LPA by 2023, and the average for the top 50% package experienced a slight drop of Rs. 24.66 LPA at the time of 2023 and Rs. 24.48 LPA in 2024.

Average Package202420232022
Average PackageRs. 20.83 LPARs. 22.13 LPARs. 19.36 LPA
Top 10% Average PackageRs. 31.62 LPARs. 31.55 LPARs. 28.75 LPA
Top 25% Average PackageRs. 27.45 LPARs. 27.78 LPARs. 27.05 LPA
Top 50% Average PackageRs. 24.48 LPARs. 24.66 LPARs. 23.37 LPA

 

IIT Kharagpur MBA Average Package Trend

 

IIT Kharagpur MBA Placement Recruiters

 

IIT Kharagpur MBA Placement Recruiters
AccentureDeloitteBergerCognizantGodrej
InfosysEYAccenture StrategyACT FibernetDiageo
GSKICICI BankITCP&GTATA AIA
Sun PharmaPwCSobhaTVSTitan

 

IIT Kharagpur MBA Placement Trends

The MBA pattern of placement in IIT Kharagpur from 2022 to 2024 has remained consistent in terms of placement rates however, the salary package has changed. In the last two years, all the of the registered applicants were placed in 2024. The number of PPOs increased from 41 in 2023 to 46 by 2024, indicating a change in the company's strategy or market circumstances.

In 2024, the highest pay offer was Rs. 37.07 LPA, which was lower than Rs. 43.37 LPA in 2023; however, an increase from Rs. 31.98 LPA in 2022. The average salary package dropped from Rs. 20.83 LPA, which was Rs. 22.13 LPA in 2023, it increased to Rs. 19.36 LPA by 2022. In the same way, the median price decreased from Rs. 20.65 LPA in 2024 down from Rs. 21.04 LPA in 2023. In the Strategy & Consulting domain remains the most sought-after recruiting field which indicates the interest of industry graduates of the MBA program.

ParticularsPlacement Statistics (2024)Placement Statistics (2023)Placement Statistics (2022)
Registered Candidates1189497
Placed Candidates1189497
PPOs Recieved464134
Highest Package for MBARs. 37.07 LPARs. 43.37 LPARs. 31.98 LPA
Average Package for MBARs. 20.83 LPARs. 22.13 LPARs. 19.36 LPA
Median Package for MBARs. 20.65 LPARs. 21.04 LPARs. 18.08 LPA
Top 10% Average PackageRs. 31.62 LPARs. 31.55 LPARs. 28.75 LPA
Top 25% Average PackageRs. 27.45 LPARs. 27.78 LPARs. 27.05 LPA
Top 50% Average PackageRs. 24.48 LPARs. 24.66 LPARs. 23.37 LPA
Top Recruiting DomainStrategy & ConsultingStrategy & ConsultingStrategy & Consulting
Top RecruitersAccenture, Deloitte, Berger, Cognizant, Godrej, InfosysAmazon, Diageo, EXL, Genpact, GSK, IBMCropmton, Dell, Tiger Analytics, PwC, ITC, VMWare

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Capital  IQ Capital IQ
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CEAT CEAT
Centurylink India (Registered As Qwest Telecom Software Services Pvt Ltd) Centurylink India (Registered As Qwest Telecom Software Services Pvt Ltd)
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CESC  Limited CESC Limited
Cisco Cisco
Citicorp Finance India Ltd. Citicorp Finance India Ltd.
CMC Limited CMC Limited
Coal India Ltd. Coal India Ltd.
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Credit Suisse Business Analytics Credit Suisse Business Analytics
Cyber Marine Cyber Marine
D. E. Shaw India Software Private Limited D. E. Shaw India Software Private Limited
Daimler Daimler
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Deutsche Bank Deutsche Bank
Directi Directi
Dr.Reddy’s Laboratories Ltd Dr.Reddy’s Laboratories Ltd
DRDO DRDO
East India Securities East India Securities
Eaton Eaton
Ecologic Technologies (P) Ltd Ecologic Technologies (P) Ltd
EIL EIL
Erevrmax Erevrmax
escorts escorts
Essar E&P Ltd. Essar E&P Ltd.
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Fair Issac Fair Issac
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Futures First Futures First
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goldman sachs goldman sachs
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Hewlett Packard, Analytics Hewlett Packard, Analytics
Hewlett-Packard (HP) Hewlett-Packard (HP)
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Hindustan Unilever Limited Hindustan Unilever Limited
HSBC Bank HSBC Bank
i2 Technologies India Pvt. Ltd i2 Technologies India Pvt. Ltd
IBM IBM
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infosys infosys
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L & T Core L & T Core
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marketRx India Pvt. Ltd. marketRx India Pvt. Ltd.
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TATA POWER TATA POWER
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Student's Rating for IIT Kharagpur

Student Reviews & Ratings
4.3/5 Based on 17 Verified Reviews
Component Ratings
Faculty Rating 4.1
Infrastructure Rating 4.1
Admission Rating 3.7
Hostel Rating 4.2
Club Rating 4

Student's Reviews for IIT Kharagpur

Admission
Placement
Faculty
1 Overall 25-07-2021
A

Anonymous User
MBA Student

The awesome environment of students in IITS. Becaouse there Everything does in practical ways not go then theoretically.

Admission: Admission is based on the basis of IIT-JEE advance rank. According to rank, you will get any IIT’s in India at any state.

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4 Overall 25-07-2021
A

Anonymous User
MBA Student

College is better for IIT students. Outdoor and indoor is good condition and it is a Playground for students and All is well here.

Admission: I’m being a pleasure to go to this college.

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5 Overall 25-07-2021
A

Anonymous User
MBA Student

5 Infrastructure 3.5 Faculty 3 Admission 4.5 Hostel 4 Club 4 Mess
College is a place where you get independence, and if you college is IIT Kharagpur, you are in your own hands! Here I have learnt how to be responsible and independent. I have learnt how to cope up with highs and lows. Studying 2 days before exams, having

Placement: A good number of students are placed through our CDC with decent packages. Department wise, CSE gets the best placement offers, but ECE, Industrial Science and Engineering, Mathematics and Computing, Instrumentation Engineering is also good.

Faculty: Mathematics teacher Bibhas Sir. Along with stating the theorems, proofs and formulas, he also gives their practical applications. This makes maths very enjoyable.

Admission: State / National Entrance Exams

Club: Dramatics for obvious reasons. Social Cultural activities are always the numero uno choice for students as they are engaging, enjoyable and stress relieving.

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4 Overall 25-07-2021
A

Anonymous User
MBA Student

4 Infrastructure 3 Faculty 4 Admission 3.5 Hostel 4.5 Club 4 Mess
As the title suggests just search for the person who has the same interests like you and that’s enough to show you success

Placement: They do if we have a good cg,cv else you are stuck in the middle of a sea..and all of your remaining friends will be passing out happily but you will be waiting for a better thing

Faculty: Maths professor The way he teaches and the way he gives examples and all.. terrific skill he has got and also the language..

Admission: State / National Entrance Exams

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4 Overall 25-07-2021
A

Anonymous User
MBA Student

4 Infrastructure 4 Faculty 5 Admission 5 Hostel 4.5 Club 3.5 Mess
It’s a really good platform for all students irrespective of their streams. IIT Kharagpur is second best rated institution of India and there’s no denying that as the results(interns, jobs and PPOs) are evident. It doesn’t just focus on

Placement: There’s limit scope for internships and placements in my field of study but there’s a lot of research going on abroad.

Faculty: Prof. Koeli Ghoshal (Math). Simply because she makes us visualize what the theorems and postulates actually mean. Also she makes us understand the physical significance of it. Like how is it used in real life. So math seems interesting.

Admission: State / National Entrance Exams

Club: No one

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5 Overall 25-07-2021
A

Anonymous User
MBA Student

4 Infrastructure 5 Faculty 4.5 Club 4 Mess
Studying Mtech in IIT Kharagpur which is the oldest IIT College in the city is a great experience. There is a National Level GATE examination which I have completed and then took admission here in that my score was 48 and I got admission because I am from

Placement: It is less in my department as well as Civil and Agriculture department.

Faculty: I don’t think that potential of the faculty of IIT needs any Introduction they all are doctorates so all are expert but in my point, the best one is Prof (Dr.) Manoj Tiwari who taught us many subjects from 1st year.

Admission: State / National Entrance Exams

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Frequently Asked Questions

What was the total number of registered candidates for IIT Kharagpur MBA Placements 2024?

A total of 118 candidates registered for the MBA placements.

How many candidates were successfully placed during the IIT Kharagpur 2024 placements?

All 118 registered candidates were successfully placed during the IIT Kharagpur Placements, achieving a 100% placement rate.

How many PPOs were received?

IIT Kharagpur received a total of 26 PPOs during the placement process.

What is the highest package offered to MBA graduates in 2024?

The highest package offered at IIT Kharagpur's Vinod Gupta School of Management in 2024 is Rs. 37.07 LPA.

What is the IIT Kharagpur MBA average package?

The IITKGP MBA Average Package is Rs. 20.83 LPA.

Which domain had the highest recruitment during the placements?

The top recruiting domain was Strategy & Consulting, placing around 29% of the candidates during the IIT Karagpur MBA Placement 2024.

Who were the top recruiters for IIT Kharagpur MBA placements in 2024?

Notable recruiters included Accenture, Deloitte, Berger, Cognizant, EY, Godrej, and Infosys.

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Campus -  Indian Institute of Technology (IIT) Kharagpur

Campus - Indian Institute of Technology (IIT) Kharagpur

Campus -  Indian Institute of Technology (IIT) Kharagpur

Campus - Indian Institute of Technology (IIT) Kharagpur

Campus -  Indian Institute of Technology (IIT) Kharagpur

Campus - Indian Institute of Technology (IIT) Kharagpur

Campus -  Indian Institute of Technology (IIT) Kharagpur

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Campus -  Indian Institute of Technology (IIT) Kharagpur

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IIT Kharagpur 4.3/5 (17 reviews)

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