How big is the package difference between new IIMs and old IIMs?

Old IIM graduates join at 2 grades higher than new IIM graduates in the same company, earning 40-50% more pay for similar roles - the gap is massive and compounds over years. The OP shared hard data - "BLACKI folks in my organization got 2 grades above me and had 40-50% more pay than me. New IIM would join at

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1. Old at

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1. These are fixed numbers. Role difference of 2 grades between the 2." This 12 vs 18 LPA joining disparity is industry-wide. Why the gap exists:

1. BLACKI graduates have pre-existing MBB/McKinsey/Goldman pedigree via campus placements,

1. New IIM grads often enter via lateral hiring 1-2 years post MBA rather than direct campus route at top firms,

1. Companies price salary based on college tier signal + perceived peer quality. Specific data points:

1. IIM Ahmedabad (Rs 27.5L fees, Rs 35.22 LPA avg) - median fixed ~30 LPA,

1. IIM Calcutta (Rs 27L fees, Rs 34.23 LPA avg) - median fixed ~28-30 LPA,

1. IIM Bangalore (Rs 26.2L fees, Rs 34.88 LPA avg) - median fixed ~30 LPA,

1. IIM Lucknow (Rs 22L fees, Rs 32.3 LPA avg) - median fixed ~25-28 LPA,

1. IIM Kozhikode (Rs 24L fees, Rs 28 LPA avg) - median fixed ~22-25 LPA,

1. New IIMs (Rs 14-16L fees, Rs 17 LPA avg) - median fixed ~12-13 LPA. Impact on 5-year careers: BLACKI grad at 30 LPA joining reaches 50-70 LPA in 5 years; new IIM grad at 13 LPA reaches 25-35 LPA in 5 years. Difference of Rs 25-35L per year at 5-year mark. The gap does narrow over 10+ years for top performers. For anyone clearing CAT 99+, prioritize BLACKI admission over joining a new IIM - the ROI differential is enormous. If you are stuck between new IIM and retaking CAT for BLACKI, retake is worth 1-year opportunity cost for 10x long-term return. Check your eligibility at collvera.com/eligibility