IIM-Bangalore records 100% summer placements, with median stipend at ₹2 lakh per month

The Indian Institute Of Management-Bangalore.

The summer placement for the 2026-28 cohorts at the Indian Institute of Management Bangalore (IIM-B) concluded with all 608 participating students securing offers from 128 organisations during the placement week from October 26-29.

Consulting accounted for a little over half the recruitments at 50.7% of all offers, according to a release from IIM-B. The median stipend for the batch was ₹2 lakh per month and the average ₹1.95 lakh per month. A record number of offers were made by Accenture Strategy, at 123.

The process saw strong recruiter participation across consulting, finance, product management, sales and marketing, general management, and analytics domains. “The cycle also saw increased hiring by leading technology companies, along with a rise in first-time recruiters, who accounted for approximately 40% of participating organisations,” said the release.

Tapas Ranjan Pati, head of Career Development Services, stated, “Management Consulting emerged as the most preferred domain, accounting for more than 50% of the offers, followed by Finance/Investments and Product Management Roles. Legacy recruiters, including global FMCG giants and leading Indian conglomerates, continue to recruit in significant numbers.”

The placement committee said that the season witnessed strong participation from legacy and new recruiters, with approximately 40% being first-time recruiters.