‘Uber Pool, Maggi dinners, EMIs…’: IIM grad’s viral submit breaks ‘incomes in lakhs’ placement phantasm

Placements from India’s newer IIMs might promise glittering salaries on paper, however the actuality for a lot of prime performers is much from glamorous. A latest viral Reddit submit lays naked the monetary pressure graduates face — even from the highest 10% — with excessive EMIs, modest take-home pay, and the wrestle of metropolis dwelling reducing into the sheen of “elite” jobs. It is a sobering account that challenges the LinkedIn-fueled perceptions of post-MBA success.

A viral submit on Reddit is stirring debate after exposing what it calls the “actuality of prime 10% placements in new IIMs.” The submit dismantles the perceived dream of monetary safety tied to elite B-school jobs.

“Oh, you thought moving into the highest 10% of your batch at a brand new IIM meant you had been set for all times? Let me pop that dream bubble with my EMI-ridden, Uber Pool-sharing, Maggi-for-dinner actuality,” the creator wrote.

The submit lists precise roles and packages seen on LinkedIn, contrasting their spectacular cost-to-company (CTC) figures with what actually hits the checking account:

Amazon Account Supervisor – 32 LPA: “Besides the in-hand is a spicy ₹75,000. Welcome to being broke in type.”
Startup with 35 LPA: “20L in shares—I am certain you may go public sooner or later! (they will not).”
BCG – 19 LPA: “Extra like 85k a month, and oh? A again workplace function!”
JP Morgan Analyst – 19 LPA: “After taxes and deductions, you’re taking dwelling ₹90,000. You’ll be able to virtually afford a 1BHK in Thane. Virtually.”
Aditya Birla Capital – 20 LPA: “₹80,000 in your pocket. And by pocket, I imply the one with holes in it.”

The consumer highlighted how even top-tier roles barely cowl the price of dwelling. With a median training mortgage EMI of ₹25,000/month, disposable incomes shrink to ₹55K-₹65K — typically lower than what freshers at Infosys earn. “You’re principally incomes lower than a more energizing at Infosys however with considerably extra LinkedIn posts about synergy and worth creation,” he quipped.

Residing in a Tier-1 metropolis solely provides to the pinch. The breakdown? “Hire: ₹30K/month (in the event you get pleasure from wall-sharing with cockroaches). Utilities, web, groceries, Swiggy guilt orders: ₹15K-₹20K/month. Social life? Sorry, that’s been repossessed by your mortgage supplier.”

The submit ends with a mixture of irony and resignation: “Congrats on the 25 LPA dream. Hope you get pleasure from dwelling paycheck to paycheck whereas pretending to be a ‘future CXO’ on Instagram. However hey, a minimum of we’re ‘incomes in lakhs,’ proper?”

The frankness resonated broadly.

One consumer countered, “My pal is CA and is getting 85k in hand. His CTC is round 12L . And you’d be carried out along with your MBA until 25-26 . Incomes near 1 Lakh just isn’t unhealthy . Monetary self-discipline for few 2-3 years and your mortgage is cleared.”

One other shared their trajectory: “I did, huge time. I can solely advise you to optimise for studying, expertise and progress as an alternative of cash… I’m a New IIM grad from 2019 batch… Lastly I used to be capable of crack into a greater job with nice pay. It wasn’t straightforward. But it surely was completely price it.”

Some tried to stability the view: “Fairly the pessimistic view… You are in virtually prime percentile of Indians in incomes… A bit of optimism will get your physique language wanting higher to raised alternatives forward.”