Education

IIM Bangalore 2026-28 Cohort Secures 100% Placement, Median Pay ₹2 Lakh/Month

By The Hindu Bureau

The summer placement for the 2026‑28 cohorts at the Indian Institute of Management Bangalore (IIM‑B) finished with all 608 participating students receiving offers from 128 organisations during the placement week of 26‑29 October. Consulting accounted for a little over half of all offers, at 50.7%, according to an IIM‑B release. The batch’s median stipend was ₹2 lakh per month, with an average of ₹1.95 lakh per month. Accenture Strategy made a record 123 offers. Recruiter participation was strong across consulting, finance, product management, sales and marketing, general management, and analytics. The release noted increased hiring by leading technology companies and a rise in first‑time recruiters, who comprised about 40% of the participating organisations. Tapas Ranjan Pati, head of Career Development Services, said management consulting was 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, continued to recruit in significant numbers. The placement committee highlighted strong participation from both legacy and new recruiters, with roughly 40% being first‑time recruiters. Published – November 01, 2026 01:18 am IST