IIM Bangalore reports 100% summer placements: 608 students, 128 recruiters
IIM Bangalore concluded summer placements for its 2026-28 PGP and PGPBA cohorts on October 31, with a median stipend of 2 lakh rupees a month.
IIM Bangalore announced on October 31, 2026 that its summer placement process for the PGP and PGPBA 2026-28 cohorts concluded with all 608 participating students securing offers from 128 organisations. The placement week ran from October 26 to 29, 2026.
The median stipend for the batch is 2 lakh rupees per month and the average is 1.95 lakh rupees per month. The student Placement Committee said that with more than 600 students placed in just two days, IIM Bangalore has set a record for the highest number of offers made in a two-day summer placement process across all IIMs.
Consulting dominated, accounting for 50.7% of all offers, with 22 firms making 308 offers. Accenture Strategy alone made 123 offers, followed by Bain & Company, Boston Consulting Group, EY Global Delivery Services and EY Parthenon at 23 each, Kearney at 19 and McKinsey & Company at 12.
Finance, banking and investments contributed 74 offers from 33 firms, including Goldman Sachs with 8 and Citibank and Deutsche Bank with 5 each. AI, IT and technology hiring doubled, delivering 51 offers from 21 firms including Microsoft and Albertsons with 6 each and Google with 4. FMCG added 43 offers from 14 firms, led by Procter & Gamble with 10 and ITC with 7. Indian conglomerates increased offers by 33%, making 40 offers from 12 firms.
About 40% of participating organisations were first-time recruiters. If you are weighing IIM Bangalore against other schools, note that these are internship stipends for the first-year batch, not final placement salaries.