In Summary
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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
| Particulars | Placement Statistics |
| Registered Candidates | 118 |
| Placed Candidates | 118 |
| PPOs Recieved | 26 |
| Highest Package for MBA | Rs. 37.07 LPA |
| Average Package for MBA | Rs. 20.83 LPA |
| Median Package for MBA | Rs. 20.65 LPA |
| Top 10% Average Package | Rs. 31.62 LPA |
| Top 25% Average Package | Rs. 27.45 LPA |
| Top 50% Average Package | Rs. 24.48 LPA |
| Top Recruiting Domain | Strategy & Consulting |
| Top Recruiters | Accenture, Deloitte, Berger, Cognizant, EY, Godrej, Infosys |
IIT Kharagpur PPOs Trend
| Year | PPOs Recieved |
| 2024 | 46 |
| 2023 | 41 |
| 2022 | 34 |
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 %.
| Domain | Placement Rate (2024) | Placement Rate (2023) | Placement Rate (2022) |
| Startegy & Consulting | 29% | 30% | 29% |
| BFSI | 22% | 10% | 8% |
| Supply Chain & Operations | 20% | 19% | 27% |
| Analytics | 17% | 18% | 19% |
| Sales & Marketing | 4% | 8% | - |
| Others | 8% | 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 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 Package | 2024 | 2023 | 2022 |
| Highest Package | Rs. 37.07 LPA | Rs. 43.37 LPA | Rs. 31.98 LPA |
| Average Package | Rs. 20.83 LPA | Rs. 22.13 LPA | Rs. 19.36 LPA |
| Median Package | Rs. 20.65 LPA | Rs. 21.04 LPA | Rs. 18.08 LPA |

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 Package | 2024 | 2023 | 2022 |
| Average Package | Rs. 20.83 LPA | Rs. 22.13 LPA | Rs. 19.36 LPA |
| Top 10% Average Package | Rs. 31.62 LPA | Rs. 31.55 LPA | Rs. 28.75 LPA |
| Top 25% Average Package | Rs. 27.45 LPA | Rs. 27.78 LPA | Rs. 27.05 LPA |
| Top 50% Average Package | Rs. 24.48 LPA | Rs. 24.66 LPA | Rs. 23.37 LPA |

IIT Kharagpur MBA Placement Recruiters
| IIT Kharagpur MBA Placement Recruiters | ||||
|---|---|---|---|---|
| Accenture | Deloitte | Berger | Cognizant | Godrej |
| Infosys | EY | Accenture Strategy | ACT Fibernet | Diageo |
| GSK | ICICI Bank | ITC | P&G | TATA AIA |
| Sun Pharma | PwC | Sobha | TVS | Titan |
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.
| Particulars | Placement Statistics (2024) | Placement Statistics (2023) | Placement Statistics (2022) |
| Registered Candidates | 118 | 94 | 97 |
| Placed Candidates | 118 | 94 | 97 |
| PPOs Recieved | 46 | 41 | 34 |
| Highest Package for MBA | Rs. 37.07 LPA | Rs. 43.37 LPA | Rs. 31.98 LPA |
| Average Package for MBA | Rs. 20.83 LPA | Rs. 22.13 LPA | Rs. 19.36 LPA |
| Median Package for MBA | Rs. 20.65 LPA | Rs. 21.04 LPA | Rs. 18.08 LPA |
| Top 10% Average Package | Rs. 31.62 LPA | Rs. 31.55 LPA | Rs. 28.75 LPA |
| Top 25% Average Package | Rs. 27.45 LPA | Rs. 27.78 LPA | Rs. 27.05 LPA |
| Top 50% Average Package | Rs. 24.48 LPA | Rs. 24.66 LPA | Rs. 23.37 LPA |
| Top Recruiting Domain | Strategy & Consulting | Strategy & Consulting | Strategy & Consulting |
| Top Recruiters | Accenture, Deloitte, Berger, Cognizant, Godrej, Infosys | Amazon, Diageo, EXL, Genpact, GSK, IBM | Cropmton, Dell, Tiger Analytics, PwC, ITC, VMWare |
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View BrochureTop Recruiters
3M
ABC Business Solutions
Aditya Birla Group
Adobe
ADP Private Limited
Airvana Networks India
Alfaraa
Amazon
Amazon Agro Foods
Amphora Inc.
Anand and Anand
ANZ-IT
Apollo Tyres
Atrenta
Avesthagen Ltd
B.G. Exploration
Ballarpur Industries Limited (BILT)
barclays capital
Battele India
Beceem Communication Private limited
BEL CRL
Bharat Dynamics
Bharati Shipyard
Bharti Infratel Limited
BOC India Ltd
Burckhardt Compression
Burning Glass (Checktronix)
Capital IQ
Caterpillar
CEAT
Centurylink India (Registered As Qwest Telecom Software Services Pvt Ltd)
Cerner
CESC Limited
Cisco
Citicorp Finance India Ltd.
CMC Limited
Coal India Ltd.
Consulting Engineering Services
Credit Suisse Business Analytics
Cyber Marine
D. E. Shaw India Software Private Limited
Daimler
Daeyang Shipping Co. Ltd, South Korea
Deloitte
Deutsche Bank
Directi
Dr.Reddy’s Laboratories Ltd
DRDO
East India Securities
Eaton
Ecologic Technologies (P) Ltd
EIL
Erevrmax
escorts
Essar E&P Ltd.
essar group
Fair Issac
Fibcom India
Fluidyn India
Fowler Westrup
Futures First
General Electric
GG DANDEKAR
Goa Shipyard Limited
goldman sachs
Hero Honda Motors
Hewlett Packard, Analytics
Hewlett-Packard (HP)
Hindustan Aeronautics Limited (HAL)
Hindustan Unilever Limited
HSBC Bank
i2 Technologies India Pvt. Ltd
IBM
IBM GBL
IBM GBS
IBM India Software Lab
Indian Navy
Indian Oil Corporation Ltd (IOCL)
infosys
Intel Technology India Pvt Ltd
INTERRA INFOTECH (INDIA) PVT. LTD.
ISPAT
ITC
IVIZ Techno Solutions
IVY Comptech
j p morgan
Jain Irrigations Pvt Ltd
Jindal Iron & Steel
JM Morgan Stanley
john deere
Jones Lang Lasalle
KEC INTERNATIONAL
KiiT University
Kirloskar Group of Companies
KLA Tencor
Klorophyll
Kritical
L & T Core
Law Firm Naren Thapeta
MECHTRONICS
Mahindra & Mahindra
marketRx India Pvt. Ltd.
Marwari Shares
MAZAGON DOCK
MENTOR GRAPHICS
MINECRAFT
Midhani
MU SIGMA
National Engineering Industries Ltd.
NetApp
NMDC
Nomura Services India (P) Ltd.
ntpc
Nvidia
Oil India Ltd
ongc
oracle
Oriental Carbon and Chemicals Ltd
Pepsico Holdings (I) Pvt. Ltd.
PETRON
Pinnacle Infotech Solutions
power grid corporation
Quest Global
Rajiv Gandhi University of Knowledge Technologies
RAMCO Systems
Reliance Industries Ltd.
Robert Bosch
Sabre Travel Technologies Pvt.Ltd.
sail
samsung
Samsung India Software Centre
Sapient
schlumberger
Seigwerk
Shipping Corporation of India Ltd
srf
ST - Ericsson India Pvt. Ltd.
strand life sciences
Subros Ltd
TATA MOTORS
TATA POWER
Tata Steel
TATA Technologies
TAVANT TECHNOLOGIES
TCE
TCE Consulting Engineers
Tejas Constructions & Infra. Pvt.Ltd,
Texas Instrument
ICFAI University
ThoughtWorks Technologies
Timetooth
Total Environment Building Systems Pvt. Ltd
TVS MOTORS
Unitech
Uranium Corporation of India Ltd
Vignan University
Wipro
WORLD QUANT
Yahoo! Software Development Pvt. Ltd
ZEBEC MARINE
Zeus technology
ZS Associates
Student's Rating for IIT Kharagpur
Student's Reviews for IIT Kharagpur
Anonymous User
MBA Student
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.
Anonymous User
MBA Student
Admission: I’m being a pleasure to go to this college.
Anonymous User
MBA Student
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.
Anonymous User
MBA Student
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
Anonymous User
MBA Student
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
Anonymous User
MBA Student
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
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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