What was the median package offered to MBA students during Indus Business Academy placements 2023?

0 7 Views | Posted 2 years ago
Asked by Nishar Ahmed

  • 2 Answers

  • Shiksha Ask & Answer

    Answered by

    Saumya Srivastava Professional writer | Contributor-Level 10

    a year ago

    According to Indus Business Academy Management NIRF report 2024, the median package offered during Indus Business Academy MBA placements 2023 stood at INR 5.8 LPA. Earlier, the highest and average package offered during IBA Bangalore PGDM placements 2022 stood at INR 20 LPA and INR 7.7 LPA, respectively.

  • N

    Answered by

    Naveen Kumar E | Contributor-Level 8

    2 years ago
     

    The median package offered to MBA students during Indus Business Academy (IBA) placements 2023 was INR 7.80 Lacs per annum. This means that half of the students received a package of at least INR 7.80 Lacs per annum, and the other half received a package of less than INR 7.80 Lacs per annum.

    The median package is a more accurate measure of the placement performance of a B-school than the average package, as it is not skewed by a few outliers. The median package also gives a better indication of the salary that most students can expect to earn after graduating.

    IBA's median package of INR 7.80 Lacs per annum is comparable to the med

    ...more

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