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IIT Kharagpur MBA placement report
June 12 2024

IIT Kharagpur MBA placement report 

IIT Kharagpur MBA placement report: Vinod Gupta School of Management (VGSoM), IIT Kharagpur has successfully concluded the ultimate placements of the 2022-2024 MBA batch. This season recorded 100% placements with students receiving quite 131 offers in diverse roles across IT, BFSI, Manufacturing, and E-Commerce sectors. Currently ranked 6th by the distinguished NIRF Rankings, its placement reports are uncovered below:

About 118 students participated in the drive with 46 of them receiving PPOs. More than 70 recruiters restored their leap of religion in VGSoM including 35 new marquee recruiters within the block. The highest package was pegged at 37.07 LPA. Summer Placement of the 2022-2024 batch also reflected exceptional results because the globally renowned organization continued to point out immense confidence in the capabilities of alumni of VGSoM. 

The batch reported 100% placements with students receiving the very best stipend of two .96L and an average package of 1.07L. About 69 recruiters participated during this placement season. Top recruiters with the likes of Google, Amazon, PwC, Ernst & Young, Deloitte, Ford, and Nissan continued their unceasing support during this season.


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VGSoM IIT Kharagpur Final Placements 2022-2024: Key Highlights

Name of Institute Vinod Gupta School of Management (VGSoM)- IIT, Kharagpur
Program MBA
Academic Session 2022 - 2024
Placement Type Final Placement Drive
Number of Students Participated 118
Number of Recruiters 70
Placement % 100%
Highest CTC 37.07 LPA
Average CTC 20.85 LPA
Median CTC 20.65 LPA
Top Recruiters Facebook, Amazon, Ernst & Young, PwC, McKinsey & Co, HSBC, Deloitte, Bloomberg, Ford, IBM, JP Morgan Chase
Top Domains IT, Analytics, BFSI, Operations, Sales and Marketing, Finance, Consulting
Top Roles Offered Business Analyst, Product Management, IT Consulting, Financial Advisory, Business Advisory, Sales Management,


VGSoM IIT Kharagpur Domain-Wise Final Placements Statistics

VGSoM has a record of wider corporate reach promoted by its illustrious alumni. This incessantly facilitates receiving coveted roles from diverse industrial cohorts. Tabulated below are such instances:
Domain Placement Statistics Roles Offered Participating Companies
IT/ITES 8% IT Operations, IT Consulting, Pre-Sales, and Project Management Facebook, IBM, Bloomberg, ITC Infotech, Genpact
Consulting 29% Management Consulting, Business Consulting, Advisory Consulting, Technology Consulting, Cyber Security Consulting PwC, Ernst & Young, McKinsey & Co, Deloitte, ZS Associates, Axtria
BFSI 22% Product Management, Product Analytics, Financial Analytics, Business Analytics, Banking Operations HSBC, ICICI Bank, Kotak Mahindra Bank, IDFC Bank, MPower Financing, Oxane Partners
Analytics 17% Analyst, Business Analyst, Product Analyst, Decision Analyst, Management Trainee Accenture, CRISIL, Sigmoid, Axtria, Virtusa, Load share
Sales and Marketing 4% Sales Management, Account Management, Supply Chain Management, Catalog Management Amazon, Arvind, Crompton, Titan, Texas Instruments
Operations 20% Business Development, Strategic Procurement, Delivery Management, Business Operations, Supply Chain Management Ford, Mahindra, ITC, Vedanta, ThyssenKrupp, Cogoport, Blackbuck

VGSoM IIT Kharagpur Final Placement: Salary Trends

The managerial excellence of IIT KGP is expressed through the annual packages offered to students at the Final Placements. Here’s an excerpt of the same:
Category Salary (LPA)
Highest CTC 37.07
Average CTC 20.83 
Median CTC 20.65
Average CTC (Top 25%) 27.45

Batch Profile

  • Batch Size: The 2023 batch has 94 students.
  • Educational Background: All the students were from Engineering backgrounds with a maximum of them from Mechanical Engineering as well as Electronics and Communication streams.
  • Work Experience: The average work experience of the students was 2 years. Below is an illustration of the exact distribution in this batch:

VGSoM IIT Kharagpur Summer Placement: Key Highlights

Program MBA
Academic Session 2022-2024
Placement Type Summer Placement
Students Participated 125
Number of Recruiters Visited 40
Placement Rate 100%
Highest Stipend 3.40 LPA
Average Stipend 1.77 LPA
Median Stipend 1.84 LPA
Top Recruiters Amazon, Google, PwC, RBI, Nomura, Ford, Nissan, Hero Motocorp, Lafarge
Top Domains Banking/Financial Services, IT/ITES, Sales and Marketing, Consulting, Manufacturing & Logistics, FMCG, E-Commerce
Profiles Offered Capacity Optimization Analyst, Program Management, Marketing Intern, Operations Management


VGSoM IIT Kharagpur Summer Placements: Stipend Trends

The Summer Placements observed more than 35 new recruiters attracted towards the pedagogy par excellence of IIT Kharagpur. This also reflected on the stipend offered by both traditional and first-time recruiters.
Category Stipend (INR)
Highest Stipend 2.97 LPA
Average Stipend 1.77 LPA
Median Stipend 1.84 LPA

VGSoM IIT Kharagpur Domain-Wise Placements

Domain Roles Offered Participating Companies
FMCG/E-Commerce/Retail Capacity Optimization Analyst, Program Management, Marketing Intern, Operations Management Amazon, eBay, ITC, Akzonobel, Ibibo, Sumeru, Manyavaar
Manufacturing and Logistics Manufacturing Operations, Strategy Management, Supply Chain Management, Data Analytics, Logistics, Marketing, Procurement Nissan, Ford, Hero Motocorp, Schlumberger, Lafarge, Blackbuck, Texas Instruments
Consulting & Analytics Technology Consulting, Business Consulting, Analytics Consulting Google, McKinsey & Co, PwC, Ernst & Young, Deloitte, Accenture, Virtusa
IT/ITES Business Development, Project Management, Accounts Management, IBM, Wipro, TCS, Genpact
Banking and Financial Services Banking Operations, Financial Analytics RBI, Nomura, HSBC, ICICI Bank, HDFC Bank, MPower
Others Market Analyst, Operation Analyst, Product Management, Sales and Marketing JioSaavn, EDAC, SVF Entertainments, Arth Design-Build


VGSoM IIT Kharagpur: Domain-Wise Offers

Tabulated below are the internship offers received by VGSoM students in the Summer Placement drive of 2022-2024:
Domain Placement %
Analytics 13%
Strategy & Consulting 25%
BFSI 10%
Operations 22%
Product Management 13%
Sales and Marketing 17%
The above chart illustrates the maximum offers in the Sales and Marketing, Product Management and Consulting sectors.

VGSoM IIT Kharagpur Final Placement Statistics 2020 vs 2022-2024

Below is a comparative analysis of placements at VGSoM, IIT Kharagpur for MBA batches of 2020 and 2022-2024:
Category 2022-2024 2020
Highest CTC Offered 37.07 LPA 29 LPA
Average CTC 20.83 LPA 18.1 LPA
Median CTC 20.65 LPA 16.99 LPA
Average CTC (Top 25%) 27.45 LPA 23.2 LPA
Lowest Salary   9.55 LPA
Number of Students Placed 118 125
Number of Recruiters 70 70
Numbers of PPOs 46 40
Thus, it can be inferred that the final placements of 2022-2024 have observed all-around improvement since 2020 in terms of annual packages and PPOs offered.

Must Read : About IIT Kharagpur  

Anisha Mukhija

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