IIM degree doesn't mean a high salary

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 A viral post on Reddit is stirring debate after exposing what it calls the “reality of top 10% placements in new IIMs.” The post dismantles the perceived dream of financial security tied to elite B-school jobs.


“Oh, you thought getting into the top 10% of your batch at a new IIM meant you were set for life? Let me pop that dream bubble with my EMI-ridden, Uber Pool-sharing, Maggi-for-dinner reality,” the author wrote.


Reality of top 10% placements in new IIM's byu/Aakash2617 inCATpreparation

The post lists actual roles and packages seen on LinkedIn, contrasting their impressive cost-to-company (CTC) figures with what really hits the bank account:


Amazon Account Manager – 32 LPA: “Except the in-hand is a spicy ₹75,000. Welcome to being broke in style.” Startup with 35 LPA: “20L in shares—I'm sure you'll go public one day! (they won't).” BCG – 19 LPA: “More like 85k a month, and oh? A back office role!” JP Morgan Analyst – 19 LPA: “After taxes and deductions, you’re taking home ₹90,000. You can almost afford a 1BHK in Thane. Almost.” Aditya Birla Capital – 20 LPA: “₹80,000 in your pocket. And by pocket, I mean the one with holes in it.”

The user highlighted how even top-tier roles barely cover the cost of living. With an average education loan EMI of ₹25,000/month, disposable incomes shrink to ₹55K-₹65K — often less than what freshers at Infosys earn. “You’re basically earning less than a fresher at Infosys but with significantly more LinkedIn posts about synergy and value creation,” he quipped.


Living in a Tier-1 city only adds to the pinch. The breakdown? “Rent: ₹30K/month (if you enjoy wall-sharing with cockroaches). Utilities, internet, groceries, Swiggy guilt orders: ₹15K-₹20K/month. Social life? Sorry, that’s been repossessed by your loan provider

Ref


https://www-businesstoday-in.cdn.ampproject.org/v/s/www.businesstoday.in/amp/latest/trends/story/uber-pool-maggi-dinners-emis-iim-grads-viral-post-breaks-earning-in-lakhs-placement-illusion-474652-2025-05-04?amp_js_v=0.1&amp_gsa=1#webview=1



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