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

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

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<div>&nbsp;</div><div><div><div dir="ltr"><p data-sourcepos="1:1-1:295">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.</p><p data-sourcepos="3:1-3:273">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.</p><p data-sourcepos="5:1-5:285">IBA's median package of INR 7.80 Lacs per annum is comparable to the median packages of other top B-schools in India. For example, the median package at IIM Ahmedabad in 2023 was INR 24.38 Lacs per annum, and the median package at IIM Bangalore in 2023 was INR 23.52 Lacs per annum.</p></div></div></div>

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