Understanding the Average MBA Package at IIT Roorkee

When considering an MBA program, it's crucial to factor in the anticipated salary package after graduation. For students at IIT Roorkee's Department of Management Studies (DoMS), the average salary package can vary significantly based on the year market conditions and the profiles of the graduating students. According to recent data, as of my last update in August 2023, the average annual CTC (Cost to Company) for the MBA program at IIT Roorkee typically ranged between INR 10 to 12 lakhs.

Recent Placements: 2023 Batch

For the 2023 batch, the average placement package was 18.34 lakhs per annum. This figure provides insight into the financial prospects for students who complete their MBA at DoMS. Additionally, students on summer internships in 2024 typically received an average stipend of INR 1.05 lakhs for two months, equating to approximately INR 52,500 per month.

Department of Management Studies (DoMS) Placement Highlights: 2020 Batch

The Department of Management Studies at IIT Roorkee is proud to report on the successful completion of the placement process for the 2020-22 batch. Here are some key highlights:

Batch Size: 77 students (66 males, 11 females) Mean CTC: 10.12 lakhs per annum Highest CTC: 18.68 lakhs per annum Median CTC: 10 lakhs per annum Top 50 Average: 11.53 lakhs per annum Total Companies: 35 New Recruiters: 21 Total Offers: 82

Some prominent recruiters included KPMG, HCL, Infosys, Kognetics, Hexaware, Wipro, AirPay Analytics, Quotient, ThoughtWorks, Sify, monocept, and many more. This diverse list of recruiters underlines the strong industry engagement and the high quality of education at IIT Roorkee.

Historical Data and Comparisons

The average package for the MBA program at DoMS IIT Roorkee for the 2019 batch was 10.33 lakhs, with the highest domestic package being 17.85 lakhs and the highest international package standing at 57 lakhs. The placement season for the 2020 batch is ongoing, and the average package stands at 10.029 lakhs, with the highest domestic package currently at 18 lakhs. These statistics are significant because they indicate a strong response from top organizations and a positive ROI (Return on Investment) compared to other elite institutions.

Conclusion

The MBA program at IIT Roorkee stands out with its robust placement outcomes. These high average packages and a wide array of recruiter opportunities provide students with unparalleled career prospects. For prospective students, these statistics serve as a compelling reason to consider joining the DoMS family at IIT Roorkee.