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Are the salary packages for IIMs higher than those from JBIMS?

Posted On - Feb 20, 2023
Asked byManvi Narang
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1 Answer
VR
Answered by Posted On - Feb 20, 2023
Vivek Raj

IIMs can be broadly categorized into two categories; the first comprising IIM ABC and the second comprising IIM KIL. The total fees will be around 16-18 Lakhs or a few lakhs more for these IIMs. As far as the average package is concerned for IIM ABC, it is around 19-20 Lakhs while for IIM KIL it is merely 2 lakhs less. The highest CTC is around 60-70 (International) for these IIMs.

Coming to JBIMS, we get to witness a much higher ROI. This is because the average package is almost similar to these IIMs while the fees are much less. Also, it is a Mecca for Finance enthusiasts. JBIMS has many notable alumni that carry its brand name proudly. Some of them include

  • Vinita Bali, Managing Director of Britannia
  • Chanda Kochhar, Managing Director & CEO, ICICI Bank, India
  • Nitin Paranjpe, CEO and Managing Director, Hindustan Unilever Ltd
  • Ajay Piramal, chairman of Piramal Healthcare

So yes, the salary packages of certain IIMs might be slightly higher than that of JBIMS but considering the ROI factor that slightly differs doesn't really matter.

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