Old IIMs MBA Placements 2026, Average Package & Recruiters

Nehal Sharma

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Aug 21, 2026

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  • August 21, 2026: Here we have discussed Old IIMs MBA Placements 2026, including average packages, highest salaries, fees, recruiters, and placement comparison of top IIMs.Read More
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Old IIMs MBA Placements 2026, Average Package & Recruiters

Old IIMs MBA Placements 2026

The Old IIMs continue to be among the most preferred MBA institutes in India because of their legacy, alumni network, recruiter base and strong placement outcomes. The six institutes generally considered the Old IIMs are IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, IIM Kozhikode and IIM Indore. Their average CTCs remain highly competitive, with the top three institutes crossing the ₹34 lakh mark in the latest comparable figures.

IIM Bangalore's 2026 placement cycle saw 596 students receive 664 offers from 177 firms, with consulting accounting for 45% of offers, followed by technology/product management and investment banking.

Classification of IIMs into Old, New and Baby IIMs

The terms Old, New and Baby IIMs are commonly used by MBA aspirants to differentiate institutes based broadly on their establishment year and legacy. The Old IIMs have the longest history and generally possess deeper alumni networks and more established recruiter relationships. However, this classification should not be treated as an official ranking of IIMs.

Category

IIMs

Old IIMs

IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, IIM Kozhikode, IIM Indore

New IIMs

IIM Shillong, IIM Rohtak, IIM Ranchi, IIM Raipur, IIM Trichy, IIM Udaipur, IIM Kashipur, IIM Nagpur, IIM Visakhapatnam, IIM Mumbai

Baby IIMs

IIM Amritsar, IIM Bodh Gaya, IIM Jammu, IIM Sambalpur, IIM Sirmaur, IIM Guwahati

IIM Mumbai is a notable addition to the IIM family, having previously operated as NITIE. For students, the classification is useful for understanding legacy and recruiter depth, but actual career outcomes depend heavily on the programme, role, industry and individual performance.

Also Read: Old IIMs vs New IIMs, Admission Process, Placements, Fees

Old IIMs Average Package and Fees 2026

Average CTC gives a useful first-level picture of the placement strength of an institute. Among the six Old IIMs, IIM Bangalore records the highest average CTC in the comparison at ₹34.8 LPA, closely followed by IIM Ahmedabad and IIM Calcutta. IIM Lucknow also remains highly competitive at ₹33.2 LPA.

IIM

Average CTC

Approx. MBA Fees

IIM Ahmedabad

₹34.4 LPA

₹32 lakh

IIM Bangalore

₹34.8 LPA

₹33.68 lakh

IIM Calcutta

₹34.2 LPA

₹33.5 lakh

IIM Lucknow

₹33.2 LPA

₹20.75 lakh

IIM Kozhikode

₹28.18 LPA

₹23.5 lakh

IIM Indore

₹29.57 LPA

₹25.15 lakh

It is important to check whether a reported figure represents mean CTC, median CTC or a particular programme before comparing institutes. IIM Ahmedabad's latest IPRS report, for example, reported a mean salary of ₹35.50 LPA and median salary of ₹34.59 LPA for its 2025 MBA-PGP placement report.

Also Read: Old IIM MBA Fees 2026, College-wise Fee Structure Analysis

Highest Package Offered at Old IIMs in 2026

The highest package is one of the most searched placement statistics, but it should not be considered the sole measure of an institute's placement quality. A single exceptionally high offer can significantly increase the headline number while having little impact on the experience of the average student. The broader recruiter mix, median salary and quality of roles provide a more meaningful picture.

IIM

Highest Reported Package

IIM Calcutta

₹1.45 crore

IIM Lucknow

₹1 crore

IIM Ahmedabad

₹1.10 crore*

IIM Kozhikode

₹81 LPA**

IIM Indore

₹70 LPA

IIM Bangalore

Not disclosed

IIM Ahmedabad's 2026 placement process achieved 100% placements across its PGP batch and included recruiters from consulting, investment banking, private equity, technology, consumer businesses and other sectors. IIM Kozhikode's latest published final placement report recorded a highest CTC of ₹81 LPA, while IIM Indore's latest published PGP placement report recorded a highest domestic offer of ₹70 LPA.

IIM Ahmedabad vs IIM Bangalore vs IIM Calcutta

IIM Ahmedabad, IIM Bangalore and IIM Calcutta are commonly regarded as the three most prominent Old IIMs, but each has a slightly different career strength. IIM Ahmedabad has a particularly strong consulting and finance ecosystem, IIM Bangalore has major strength in consulting, technology and product management, while IIM Calcutta is especially recognised for finance and consulting.

Parameter

IIM Ahmedabad

IIM Bangalore

IIM Calcutta

Average CTC

₹34.4 LPA

₹34.8 LPA

₹34.2 LPA

Major Strengths

Consulting, Finance

Consulting, Tech, Product

Finance, Consulting

Major Recruiter Domains

Consulting, BFSI, PE/VC

Consulting, Product, IB

Finance, Consulting, Technology

Placement Highlight

100% placement

664 offers

Strong finance & consulting presence

IIM Bangalore's 2026 placement process recorded 664 offers from 177 firms, with management consulting accounting for 45% of offers. IIM Ahmedabad's 2026 recruiters included BCG, Bain, McKinsey, Kearney, Goldman Sachs, J.P. Morgan, Morgan Stanley, Blackstone and American Express.

IIM Lucknow vs Kozhikode vs Indore Placements 2026

IIM Lucknow, IIM Kozhikode and IIM Indore provide a strong alternative to the top three Old IIMs, particularly for aspirants looking for a balance between fees, placements and career opportunities. In the comparable figures, IIM Lucknow has the highest average CTC among the three. IIM Kozhikode and IIM Indore also maintain strong recruiter networks across consulting, finance, analytics and general management.

Parameter

IIM Lucknow

IIM Kozhikode

IIM Indore

Average CTC

₹33.2 LPA

₹28.18 LPA

₹29.57 LPA

Approx. Fees

₹20.75 lakh

₹23.5 lakh

₹25.15 lakh

Highest Package

₹1 crore

₹81 LPA

₹70 LPA

Major Strengths

Consulting, Finance, General Management

Consulting, Finance, Analytics

Consulting, Finance, General Management

IIM Kozhikode's latest placement report recorded 169 recruiters and 561 participating students, with consulting accounting for 32% and finance 19.2% of placements. IIM Indore's latest PGP placement report recorded an average CTC of ₹29.57 LPA, with more than 49% of the batch entering consulting and finance roles.

Also Read: IIM Ranking List 2026: Fees, Placements ROI and Specializations

Top Recruiters at Old IIMs

Old IIM campuses attract leading recruiters across consulting, finance, technology, FMCG, e-commerce, general management and analytics. The strength of these campuses lies not only in the number of recruiters but also in the variety of roles available to students. Consulting and finance remain two of the strongest hiring domains across the Old IIM ecosystem.

Sector

Major Recruiters

Consulting

BCG, Bain & Company, McKinsey, Accenture Strategy, Kearney, Deloitte, EY-Parthenon

Finance

Goldman Sachs, J.P. Morgan, Morgan Stanley, Citi, Barclays, Bank of America

Technology & Product

Microsoft, Google, Amazon, Adobe, Salesforce

FMCG & Consumer

HUL, P&G;, ITC, Nestlé, Marico

General Management

Tata Administrative Services, Aditya Birla Group, Reliance, Mahindra & Mahindra

IIM Ahmedabad's 2026 process featured recruiters such as BCG, McKinsey, Bain, Kearney, Goldman Sachs, Blackstone and American Express. IIM Bangalore's placement cycle included firms such as Accenture, BCG, Bain, EY-Parthenon, American Express, Kearney, Google, Microsoft and Goldman Sachs.

MBA Programs Offered in Old IIMs

The Old IIMs offer a broad range of management programmes beyond their flagship two-year MBA. Students can choose IIM MBA specialization programmes based on their academic background, work experience and career goals. Several institutes also offer executive and specialised management programmes for professionals.

IIM

Major MBA / Management Programmes

IIM Ahmedabad

MBA, MBA-FABM, MBA-PGPX

IIM Bangalore

MBA, MBA Business Analytics, EPGP

IIM Calcutta

MBA, MBAEx, PGDBA, PGPEX-VLM

IIM Lucknow

MBA, MBA-ABM, MBA-SM, IPMX

IIM Kozhikode

PGP/MBA, PGP-Finance, PGP-BL

IIM Indore

PGP/MBA, PGP-HRM, EPGP

IIM Bangalore offers both its flagship PGP and MBA in Business Analytics, while IIM Ahmedabad offers its flagship MBA along with MBA-FABM. IIM Calcutta also offers specialised programmes such as PGDBA and PGPEX-VLM alongside its MBA programmes.

Also Read: MBA Programs Offered by IIMs Through CAT 2026, Check Now

Best Specializations Offered by Old IIMs

There is no single best IIM MBA Specialization that can be called the best for every MBA aspirant. Students interested in consulting may prioritize IIM Ahmedabad, Bangalore or Lucknow, while finance-focused candidates often consider Ahmedabad and Calcutta particularly attractive. Technology and product management aspirants may find IIM Bangalore especially relevant because of its strong technology-oriented recruiter ecosystem.

Career Goal

Strong Old IIM Choices

Consulting

IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow

Finance/ Investment Banking

IIM Calcutta, IIM Ahmedabad, IIM Bangalore

Technology / Product

IIM Bangalore, IIM Ahmedabad, IIM Calcutta

Analytics

IIM Bangalore, IIM Calcutta, IIM Indore

General Management

IIM Lucknow, IIM Kozhikode, IIM Indore

HR

IIM Indore

Agri-business

IIM Ahmedabad

Operations / Supply Chain

IIM Lucknow, IIM Indore

The choice should ultimately be based on the role you want after the MBA rather than simply the institute's overall average package. IIM Bangalore's placement data shows strong hiring in technology/product management alongside consulting and investment banking. IIM Indore's latest report also shows significant opportunities across consulting, finance, general management, IT/analytics, sales and marketing.

Which Old IIM Has the Best Placements in 2026?

There is no single answer because "best placements" can mean the highest average CTC, highest package, strongest recruiter base or the best roles for a particular career. On the comparable average CTC figures, IIM Bangalore leads at ₹34.8 LPA, followed closely by IIM Ahmedabad and IIM Calcutta. IIM Lucknow stands out for offering a strong placement profile alongside comparatively lower fees.

If Your Priority Is

Strong Choice

Highest Average CTC

IIM Bangalore

Consulting

IIM Ahmedabad / IIM Bangalore

Finance

IIM Calcutta/ IIM Ahmedabad

Technology & Product

IIM Bangalore

Strong ROI

IIM Lucknow

Broad Career Options

IIM Ahmedabad / IIM Bangalore / IIM Calcutta

The 2026 placement cycle at IIM Bangalore was particularly strong in terms of recruiter participation, with 664 offers from 177 firms. However, IIM Ahmedabad's and IIM Calcutta's strong finance and consulting ecosystems make them equally compelling depending on the student's target career.

Also Read: Top 10 MBA Colleges in India 2026 with Fees and Placements

Old IIMs MBA Placements 2026: Conclusion

Old IIMs MBA Placements 2026 highlight why these institutes continue to remain among the most sought-after MBA destinations in India. While IIM Bangalore leads in average CTC figures, IIM Ahmedabad and IIM Calcutta maintain exceptional strength in consulting and finance roles. Each Old IIM offers unique career opportunities based on industry connections and alumni networks.

For CAT aspirants, placement numbers should be one part of the decision-making process. Comparing ROI, fees, recruiter profiles, specialization options and long-term career opportunities will help students choose the right institute. The best IIM is ultimately the one that aligns with an aspirant's career goals and preferred industry.

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