We analysed the IIMB EPGP placements and gained valuable insights into the program's effectiveness. This blog post provides a detailed analysis of the placement outcomes of IIM Bangalore's EPGP program.
IIMB EPGP Placement Trends and Statistics Overview
Total Number of Students and Offers Made at IIMB EPGP Placements
The placement performance of IIM Bangalore's EPGP program has demonstrated consistent success, reflecting the strong industry demand for its graduates.
Here is a summary of the placement statistics for IIMB EPGP from 2019 to 2024:
2018-19:
Class Size: 73
Total Offers Made: 64
Notable Details: A few students opted for opportunities outside the campus placements.
2019-20:
Class Size: 73
Total Offers Made: 73 (100% placement rate).
2020-21:
Class Size: 73
Total Offers Made: 61
Notable Details: Placement process was extended due to pandemic-related exigencies.
2021-22:
Class Size: 75
Total Offers Made: 71
Companies Participated: 30.
2022-23:
Class Size: 75
Total Offers Made: 70.
2023-24:
Class Size: 75
Total Offers Made: 70.
These numbers reflect the program's steady growth and its ability to attract top recruiters, even during challenging times.
What is the highest salary in IIM Bangalore?
How have IIMB EPGP placement rates trended in recent years?
IIMB EPGP has maintained consistently high placement rates, typically exceeding 90%, even during the pandemic-affected year of 2020-21.
Comparison of IIMB EPGP Placement Rates Over the Past Few Years (2019-2024):
2018-19: IIMB EPGP Placement rate was around 88%.
2019-20: Achieved a 100% placement rate.
2020-21: Placement rate was approximately 83%, affected by the pandemic.
2021-22: Placement rate improved to 95%, showing recovery post-pandemic.
2022-23: Maintained a placement rate of around 93%.
2023-24: Placement rate remained high at approximately 93%.
These statistics highlight the EPGP program’s ability to maintain high placement rates and attract a diverse set of recruiters across different industries.
Number of Students Opting Out for Entrepreneurship or Other Reasons
The IIMB EPGP program encourages entrepreneurial ventures and other career paths outside traditional placements:
2018-19: No specific data on opting out for entrepreneurship.
2020-21: No students started their own ventures; placement process extended.
2021-22: One student started their own venture, and two were on sabbatical.
2022-23: One student pursued entrepreneurship, with two opting out and two on sabbatical.
2023-24: Two students opted out to start their own ventures.
Considering the IIMB EPGP? Get expert guidance from GOALisB to maximize your chances of admission.
Have EPGP salaries been increasing over time?
Yes, both median and average salaries for EPGP graduates have shown a steady upward trajectory, reflecting the increasing value of the program in the job market.
What is the salary after EPGP IIM Bangalore?
The IIMB EPGP program consistently delivers impressive salary packages for its graduates. Let's look at the numbers:
2018-19:
Median Salary: ₹25.00 lakhs
Average Salary: ₹26.28 lakhs.
2020-21:
Median Salary: ₹26.00 lakhs
Average Salary: ₹26.08 lakhs.
2021-22:
Median Salary: ₹30.00 lakhs
Average Salary: ₹30.90 lakhs.
2022-23:
Median Salary: ₹32.21 lakhs
Average Salary: ₹33.07 lakhs.
2023-24:
Median Salary: ₹33.00 lakhs
Average Salary: ₹34.33 lakhs.
These statistics highlight a clear upward trajectory in both median and average salaries, showcasing the increasing value of the EPGP program in the eyes of recruiters. As you can see, IIMB EPGP graduates command competitive salaries, reflecting the program's value in the job market.
The EPGP program helped me make a significant career pivot. I was able to switch industries and land a leadership role that I wouldn't have been qualified for without the MBA. – EPGP Alumnus
Is IIM Bangalore EPGP worth it?
The answer is a resounding YES for many experienced professionals. Here's why:
High Placement Rates: The EPGP program maintains consistently high placement rates, typically exceeding 90%.
Top Recruiters: Prestigious companies like Accenture, Bain & Company, McKinsey & Company, and top tech firms regularly recruit EPGP graduates.
Diverse Career Paths: EPGP opens doors to a wide range of industries and roles, from consulting and IT to finance, manufacturing, and e-commerce.
Salary Growth: The program's ROI is evident in the consistently increasing salaries over the years.
Which sectors are most popular for IIMB EPGP placements?
The EPGP program at IIM Bangalore consistently attracts a diverse set of recruiters from various industries. Here is a breakdown of placements by industry sector over the years:
2018-19:
Consulting: 38.46%
IT Services: 12.31%
Energy: 9.23%
Automotive, BFSI, Conglomerate: 6.15% each
Analytics: 4.62%
Others (FMCG, Manufacturing, Startups, Public Sector): 3.08% - 1.54%.
2019-20:
Consulting: 40%
IT Services: 15%
BFSI: 10%
Manufacturing: 10%
Energy: 8%
Others (E-Commerce, Automotive, Healthcare): 7% - 3%.
2020-21:
IT Services: 34%
Consulting: 22%
e-Commerce: 9%
Manufacturing: 9%
Others (Government, Healthcare, Telecom): 5% - 4%.
2021-22:
Consulting: 47%
IT: 31%
e-Commerce: 6%
Fashion/Retail: 4%
Others (Healthcare, Energy, BFSI): 3% - 1%.
2022-23:
IT: 37%
Consulting: 24%
Manufacturing: 11%
BFSI: 6%
Others (Higher Education, Automotive, Fashion/Retail): 3% - 1%.
2023-24:
Consulting: 36%
IT: 20%
BFSI: 9%
Automotive: 4%
Others (Construction, Oil & Energy, e-Commerce): 7% - 3%.
These statistics highlight the dominance of the Consulting and IT sectors, which together consistently account for a significant portion of placements. Other sectors such as BFSI, Manufacturing, and e-Commerce also show strong presence, reflecting the diverse career interests and opportunities for EPGP graduates.
What are the key trends in industry preferences among EPGP graduates?
While consulting and IT remain dominant, there's a growing interest in manufacturing and BFSI roles. Emerging sectors like e-commerce and healthcare are also gaining traction.
Trends in Industry Preferences Over the Years at IIMB EPGP Placements
Over the years, there has been a noticeable trend in industry preferences among IIMB EPGP graduates:
Increasing Dominance of Consulting and IT: The Consulting and IT sectors have consistently attracted a large number of graduates. This is due to the dynamic nature of these industries and the high demand for strategic and technical expertise. This is also true for IIMA PGPX, ISB placements and IIMC MBAEX.
Rising Interest in Manufacturing and BFSI: There has been a gradual increase in placements in the Manufacturing and BFSI sectors. These industries are seeking skilled professionals to navigate complexities and drive growth in their operations.
Emerging Sectors: Newer sectors like e-Commerce, Healthcare, and Energy have also shown up in placement statistics, indicating a broadening horizon for EPGP graduates.
What are some of the top companies recruiting from IIMB EPGP?
Top recruiters include Accenture, Bain & Company, McKinsey & Company, The Boston Consulting Group, PwC, Infosys Consulting, Microsoft, Persistent Systems, Wipro, Genpact, ICICI Bank, HSBC, and more. Here are some more details:
Consulting
Dominance and Growth: Consulting remains the top sector for EPGP graduates, with firms seeking strategic thinkers and problem-solvers.
Top Recruiters: Accenture, Bain & Company, McKinsey & Company, The Boston Consulting Group, PwC.
Information Technology (IT)
Tech-Driven Roles: The IT sector consistently recruits a substantial number of EPGP graduates for roles in IT services, product management, and consulting.
Top Recruiters: Infosys Consulting, Microsoft, Persistent Systems, Wipro.
Banking, Financial Services, and Insurance (BFSI)
Diverse Opportunities: The BFSI sector offers roles in investment banking, financial consulting, and risk management.
Top Recruiters: Genpact, ICICI Bank, HSBC, Aegon Life.
Manufacturing
Engineering and Management: The Manufacturing sector seeks graduates for operations, supply chain management, and general management roles.
Top Recruiters: TVS Motors, Hilti, Samsung, RPG Group.
e-Commerce
Rapid Growth: The e-Commerce sector is rapidly growing, providing opportunities in operations, marketing, and analytics.
Top Recruiters: Flipkart, Amazon, Zomato.
Healthcare and Pharmaceuticals
Emerging Field: There is a growing interest in healthcare management, reflecting the sector's increasing complexity and need for managerial talent.
Top Recruiters: Dr. Reddy’s Laboratories, Publicis Sapient, Phablecare.
Major Companies Recruiting from Each Sector at IIM Bangalore EPGP:
Consulting: Accenture, Bain & Company, McKinsey & Company, The Boston Consulting Group, PwC.
IT: Infosys Consulting, Microsoft, Persistent Systems, Wipro.
BFSI: Genpact, ICICI Bank, HSBC, Aegon Life.
Manufacturing: TVS Motors, Hilti, Samsung, RPG Group.
e-Commerce: Flipkart, Amazon, Zomato.
Healthcare: Dr. Reddy’s Laboratories, Publicis Sapient, Phablecare.
The diverse set of industries and top-tier recruiters underscores the versatility and high demand for EPGP graduates. This variety ensures that students can find roles that align with their career goals and interests, further enhancing the value of the EPGP program at IIM Bangalore.
Role and Function Analysis for IIMB EPGP Placements:
Common Job Roles Offered to EPGP Graduates
The EPGP program at IIM Bangalore equips its graduates with a versatile skill set, making them highly sought after across a wide range of job roles. Here are some of the common roles that EPGP graduates typically take up:
Consultant
General Manager
Product Manager
Operations Manager
Financial Analyst/Manager
Marketing Manager
Human Resources Manager
Trends in Functional Roles
Over the years, certain trends have emerged in the functional roles that EPGP graduates are drawn to:
Consulting Dominance: Consulting continues to be a dominant choice, reflecting the high demand for strategic and analytical skills.
Rising Interest in Product Management: With the growing focus on technology and innovation, product management roles have gained popularity among graduates.
Shift Towards General Management: As companies seek versatile leaders, there is an increasing trend towards general management roles, offering broader responsibilities and leadership opportunities at IIM Executive MBA.
Sustained Interest in Finance and Operations: Roles in finance and operations remain steady, with graduates leveraging their analytical and managerial skills to drive business performance.
Year-wise Placement Numbers for Specific Roles
Here is the detailed year-wise data for placements across various functions from 2019 to 2024:
2018-19:
Consulting: 38.46%
IT Services: 12.31%
Energy: 9.23%
Automotive, BFSI, Conglomerate: 6.15% each
Analytics: 4.62%
Others (FMCG, Manufacturing, Startups, Public Sector): 3.08% - 1.54%.
2019-20:
Consulting: 40%
IT Services: 15%
BFSI: 10%
Manufacturing: 10%
Energy: 8%
Others (E-Commerce, Automotive, Healthcare): 7% - 3%.
2020-21:
IT Services: 34%
Consulting: 22%
e-Commerce: 9%
Manufacturing: 9%
Others (Government, Healthcare, Telecom): 5% - 4%.
2021-22:
Consulting: 47%
IT: 31%
e-Commerce: 6%
Fashion/Retail: 4%
Others (Healthcare, Energy, BFSI): 3% - 1%.
2022-23:
IT: 37%
Consulting: 24%
Manufacturing: 11%
BFSI: 6%
Others (Higher Education, Automotive, Fashion/Retail): 3% - 1%.
2023-24:
Consulting: 36%
IT: 20%
BFSI: 9%
Automotive: 4%
Others (Construction, Oil & Energy, e-Commerce): 7% - 3%.
Top Recruiting Roles at IIMB EPGP
Analysis of the Most Sought-After Roles
Certain roles consistently attract the interest of IIMB EPGP graduates, reflecting industry demand and career aspirations. Here’s an analysis of these top roles:
Consultant: Consulting roles are highly sought after due to their dynamic nature and the opportunity to work on varied projects across different industries. Top consulting firms like McKinsey & Company, Bain & Company, and Boston Consulting Group are major recruiters.
Product Manager: The rise of technology and digital transformation has made product management a lucrative and exciting career path. Companies like Microsoft, Amazon, and various tech startups frequently hire for these roles.
General Manager: These roles offer broad responsibilities, making them attractive to those aiming for leadership positions. Companies across sectors, including manufacturing, FMCG, and services, recruit for general management positions.
Financial Analyst/Manager: Financial roles remain popular due to their critical importance in strategic decision-making. Firms in banking, investment, and corporate finance, such as Goldman Sachs and Genpact, are key recruiters.
Marketing Manager: Marketing roles attract those with a creative and strategic mindset, with top companies like Flipkart, Amazon, and Procter & Gamble being notable recruiters.
What is the highest salary in IIM Bangalore?
The highest salaries for IIM Bangalore's PGP and EPGP programs over recent years are as follows:
IIMB PGP (Post Graduate Program)
2022-24:
Domestic Median Salary: ₹32.50 lakhs
Domestic Average Salary: ₹35.92 lakhs
2021-23:
Domestic Median Salary: ₹33.00 lakhs
Domestic Average Salary: ₹35.31 lakhs
2020-22:
Domestic Median Salary: ₹31.20 lakhs
Domestic Average Salary: ₹33.82 lakhs
IIMB EPGP (Executive Post Graduate Program)
2023-24:
Median Salary: ₹33.00 lakhs
Average Salary: ₹34.33 lakhs
2022-23:
Median Salary: ₹32.21 lakhs
Average Salary: ₹33.07 lakhs
2021-22:
Median Salary: ₹30.00 lakhs
Average Salary: ₹30.90 lakhs
Historical Data
PGP 2017-19:
Domestic Median Salary: ₹23.00 lakhs
Domestic Average Salary: ₹24.54 lakhs
Overseas Median Salary: ₹62.00 lakhs
Overseas Average Salary: ₹62.30 lakhs
EPGP 2018-19:
Median Salary: ₹25.00 lakhs
Mean Salary: ₹26.28 lakhs
These figures illustrate a trend of increasing salaries over the years for both PGP and EPGP programs at IIM Bangalore.
What is the salary of EPGP?
The salary after completing the IIM Bangalore EPGP program varies depending on the role, industry, and individual experience. However, the program consistently delivers competitive compensation packages, reflecting the high demand for EPGP graduates and their value in the job market.
In summary, the role and function analysis of EPGP placements at IIM Bangalore shows a clear preference for strategic, managerial, and analytical roles. The consistent demand for consultants, product managers, and general managers underscores the program’s ability to prepare graduates for leadership positions across diverse industries. The competitive salaries further reinforce the attractiveness of these roles, making the EPGP program a valuable investment for career advancement amongst the one year MBA in India.
Ready to accelerate your career trajectory with an IIMB EPGP MBA? GOALisB's expert consultants can help you navigate the admissions process and achieve your professional goals. Schedule a free consultation with GOALisB!