Indian Institute of Management,Placement Highlights 2024
Latest update: The IIM Ahmedabad MBA -PGPX placements are Concluded and about 128 students were hired in this process. The IIM Ahmedabad Placement 2023 report is live. According to this year’s audited report, the highest package has increased to a staggering 1.14 crores. The lowest compensation offered was for a position worth 17.50 lakhs, while the average pay for the cohort was 33.82 lakhs.
Three clusters were successfully used to complete the placement process for the Post Graduate Programme (PGP) in Management graduating class at IIM Ahmedabad. On February 14, 2022, the third and final cluster was held.
The hiring procedure, using the idea of a "Dream” Application" gave students the option to select the industries and job functions they wanted for their final placement. During the 2022 placement season, 35 dream applications were received. The fact that the recruiting process for the class of 382 students was completed successfully speaks volumes about the quality of the institute’s students and the robustness of the placement procedure, which offers sufficient flexibility to both candidates and employers.
IIM Ahmedabad Placement Report: There were two stages to the placing procedure. The first was the "laterals" process, in which businesses interviewed college students with previous work experience and offered them mid-level executive roles. The final placement procedure was the second stage. Cohorts of enterprises were invited to campus in various clusters based on the profile presented, and cohorts were grouped into groups.
IIM Ahmedabad Lateral Placements: About 59% of the class qualified for lateral placement, giving students the chance to fully utilise their prior job experience. 60 companies from a variety of industries, including technology, hospitality, core manufacturing, consulting, general financial services, and online services, participated in the laterals process. Amazon, Browserstack, Matrix Partners, Extramarks, Microsoft, Oracle, Paytm, Sprinklr, Olam, Swiggy, Infoedge, Oyo, FinIQ, M3M, Tech Mahindra, Google, Arpwood Capital, Kepler Cannon, and lkigai Labs were just a few of the companies that took part in the laterals process.
Summer Internships: IIM Ahmedabad has finished placing its summer interns for the 2022–24 PGP class. In Phase 1, 60 firms participated. With 28 offers, The Boston Consulting Group was the top employer. With 23 offers, Bain and Company came in second. At IIM Ahmedabad, the number of cluster 1 offers from abroad has climbed by 50% in the last year. About 50 organisations participated in phase 2 of the placement drive, and Adani Group won with 16 offers. In Phase 3, 35 businesses participated, and TCS won with 11 offers.
IIM Ahmedabad MBA -PGPX Placements: Indian and foreign employers chose PGPX students from IIM Ahmedabad for leadership positions as well as middle and senior management positions. Vice president, director, leadership programme candidates, programme head, product head, assistant vice president, and general manager are just a few of the roles for which students have been hired.
This year, start-ups, both unicorns and soon-to-be unicorns, also hired a significant number of students from IIM Ahmedabad in addition to senior leadership and middle management posts by established corporations.
Interestingly, by hiring 24% of the students, consulting firms became the biggest employers this year. The BFSI, automotive, and information technology services sectors all hired close to 20%, 10%, and 7% of the students, respectively.
Read more About IIM Ahmedabad, IIM Ahmedabad Admission, IIM Ahmedabad Fees and IIM Ahmedabad Cutoff
IIM Ahmedabad Placement Highlights 2023
- The PGPX (one-year MBA) placement campaign at IIM A is complete.
- During that time, the median income increased from INR 30 LPA (the MEP for the previous three years) to INR 36.2 LPA, a 21% increase.
- A three-year low, the highest package MEP for the one-year MBA at IIM A was INR 1.2 CPA in domestic packages.
- Five foreign offers were made this year, which is the most in the preceding four years.
- The average cost of an international package was $1,50,297. 172 offers were made to 121 students.
- Twenty new businesses participated this year.
IIM Ahmedabad Placements 2022 Report
Given below are the IIM Ahmedabad Placement Report 2022 highlights:
Batch | PGPX 2022 |
Number of Students Registered | 121 |
Number of Offers | 172 |
New Recruiters | 20 |
Highest International Package | INR 1.14 CPA |
Highest Domestic Package | INR 75.2 LPA |
Median Package | INR 36.2 LPA |
Increase In Median Package | 21% |
Major Sectors | IT & Healthcare |
IIM Ahmedabad PGPX Placements 2022 Sector–Wise
IIM Ahmedabad PGPX Placements are shown in the following table, sector-wise split:
Sectors | Percentage of Students Placed |
Online Services, IT & Healthcare | 45 |
Consulting | 41 |
IIM Ahmedabad Placement Average Package 2022
IIM Ahmedabad Average Salary Package is one of the highest among all the B-schools in India. The placement record of IIM Ahmedabad has been outstanding over the years, with almost 100% of the students being placed in reputed companies. In the 2021 placement season, the average salary package offered to the students of IIM Ahmedabad was around Rs. 28.79 lakhs per annum. And if we talk about the numbers this is a substantial increase from the previous year’s average package of Rs. 26.13 lakhs per annum.
A student might be interested to know the average package that was offered for the various roles offered at times of placement. The average package for consulting roles was around Rs. 31.14 lakhs per annum, while the average package for finance roles was around Rs. 28.86 lakhs per annum. Similarly, the average package for sales and marketing roles was around Rs. 24.66 lakhs per annum, and for operations roles, it was around Rs. 28.11 lakhs per annum.
Factors that Contribute to IIM Ahmedabad’s High Average Package
Several factors contribute to IIM Ahmedabad’s high average package. Some of these factors are:
Academic excellence: IIM Ahmedabad has a rigorous academic curriculum that prepares students to take up leadership roles in the industry. The curriculum is designed to provide a holistic understanding of management concepts and their applications in real-world scenarios. This academic excellence attracts reputed recruiters to the institute, which, in turn, leads to high-paying job offers.
Industry connects: IIM Ahmedabad has strong industry connections and collaborations, which provide students with opportunities to interact with industry leaders and gain insights into the latest industry trends. This helps students to be better prepared for the industry and enhances their chances of getting high-paying job offers.
Diversity: IIM Ahmedabad has a diverse student community, with students coming from different academic and professional backgrounds. This diversity brings in different perspectives and ideas, which are highly valued by recruiters. Companies prefer to hire students who can bring fresh ideas and new perspectives to their organizations.
Alumni network: The alumni network provides students with mentorship opportunities, industry connections, and job referrals, which can significantly enhance their job prospects and IIM Ahmedabad has a strong alumni network spread across different industries and domains.
Below is a list of the courses for which the average package would be offered at IIM Ahmedabad placements Package in 2022:
Course | Average Domestic Package | Average International Package |
PGP (MBA) | INR 32.79 LPA | 1,08,405 USD per annum |
FABM | INR 21.49 LPA | 49,000 USD per annum |
PGPX | INR 38.64 LPA | 1,36,082 USD per annum |
IIM Ahmedabad Placement 2022: Average Salary Trends
IIM Ahmedabad Placement package trends for the years 2019, 2020 and 2021:
Course | Average Package (2019) | Average Package (2020) | Average Package (2021) |
PGP (MBA) | INR 25.83 LPA | INR 26.12 LPA | INR 27.54 LPA |
FABM | INR 15.90 LPA | INR 16.33 LPA | INR 17.79 LPA |
PGPX | INR 30.35 LPA | INR 33.36 LPA | INR 32.44 LPA |
IIM Ahmedabad Placement Highest Package 2022
The course-wise highest package offered during IIM Ahmedabad placements 2022 is presented below:
Course | Highest Domestic Package | Highest International Package |
PGP (MBA) | INR 61.48 LPA | 1,40,599 USD per annum |
FABM | INR 33.83 LPA | 49,000 USD per annum |
PGPX | INR 75.20 LPA | 1,51,297 USD |
IIM Ahmedabad Placement Course Wise
Below are the course-by-course placement rate patterns seen during the IIM Ahmedabad placements for 2019, 2020, and 2021:
Course | Placement rate (2019) | Placement rate (2020) | Placement rate (2021) |
PGP (MBA) | 100% | 99% | 100% |
FABM | 100% | 100% | 100% |
PGPX | 97% | 96% | 98% |
IIM Ahmedabad Placements 2022 Company – Wise
BCG made the most offers (47), followed by Accenture Strategy (32) and Goldman Sachs in the first quarter of 2022 postings (7). The following table shows the company placements for the IIM Ahmedabad class of 2022:
Name of the Company | Number of Offers |
BCG | 47 |
Accenture Strategy | 32 |
Paytm | 20 |
PwC | 13 |
American Express | 11 |
OYO | 10 |
Goldman Sachs | 7 |
American Express | 5 |
Bank of America | 4 |
IIM Ahmedabad Placement 2022: Top IIMs Comparison
The following table shows the average and median salaries provided, as well as the number of offers made in the leading IIMs during 2022 placements for their flagship MBA (or PGP) programme:
IIM Name | Average Package | Median Package | No. of Offers |
IIM Ahmedabad | INR 32.79 LPA | INR 31.49 LPA | 382 |
IIM Bangalore | INR 33.82 LPA | INR 31.20 LPA | 662 |
IIM Calcutta | INR 34.2 LPA | INR 31 LPA | 631 |
IIM Kozhikode | INR 29.5 LPA (mean package) | INR 26.5 LPA | 571 |
IIM Ahmedabad Placement Batch Profile 2021
IIM Ahmedabad Placement Batch Profile 2021 are given in the table below:
Batch | 2021 |
Batch Strength | 391 |
Number of Students Registered in Placements | 374 |
Number of Students opted Out | 13 |
Number of Recruiters | 131 |
New Recruiters | 41 |
Highest International Salary Offered | INR 1.16 CPA |
Average International Salary offered | INR 74.8 LPA |
Highest Domestic Salary offered | INR 55 LPA |
Average Domestic Salary Offered | INR 27. 54 LPA |
Top Recruiting Sector | Consulting |
Top Recruiters | BCG & McKinsey |
Indian Institute of Management Top Recruiters
Student's Rating for Indian Institute of Management , Ahmedabad
Write a Review >Student's Reviews for Indian Institute of Management , Ahmedabad
Exceptional Placement Opportunities at IIM Ahmedabad!
Offers diverse opportunities across industries and functions.
Highly Competitive Placements
While IIM Ahmedabad offers a top-tier education, the competitive environment can be intense and stressful for some students. Additionally, the cost of attendance may pose a financial challenge for certain individuals.
5
30-06-2018Rajat Jain
MBA / PGDM Student
Best college To Study along with Personal development
Placement: Placements were excellent. IIM A has cluster system (with companies of same field arriving on same day), almost 40% of batch I guess had offers by the end of cluster 1 (I. e. Consulting & Finance firms), including PPOs and lateral offers. 100% of students got placed. The highest, the lowest and Average can’t be calculated since a number of companies don’t give salary details in the Job Description Forms. But the highest for domestic would definitely be more than or equal to 50 LPA. Around 100+ firms participated across Consulting, Finance, Marketing, General Management, Technology, and BFSI profiles. Consulting took maximum students, my guess would be ~ 100. 100% of students got internships as it is a mandatory requirement. Stipend details are not shared by companies, but the highest domestic will ~ 3.5 lacs. Yes, there is a placement cell. It is responsible for ensuring internships and placements for all interested students.
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5
06-02-2018Lokesh
MBA / PGDM Student
Topmost mba college
Placement: Placements are no doubt best here. The average salary is around 15-16 LPA and if totally depends on you what you are capable of.
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Experienced Faculty
The faculty at IIM Ahmedabad exemplify excellence, blending academic rigour with real-world expertise. Their mentorship and industry insights create an enriching learning experience
One-on-one interactions with teachers can be difficult
While the majority of faculty members are exceptional, there may be occasional variations in teaching styles and effectiveness. Additionally, access to some professors for one-on-one guidance can be limited due to their busy schedules
5
30-06-2018Rajat Jain
MBA / PGDM Student
Best college To Study along with Personal development
Faculty: Faculty is probably the best aspect of IIM A. They are well qualified and extremely knowledgeable. The fields of faculty members varies across Marketing, Finance, Public Policy, Economics, Information Systems. The teaching is completely case based and focuses on application of learned concepts. The scope of industry exposure is through internships or if someone wants to try their hands on a live project, there is a student body dedicated to pitching projects to be taken up by groups of students. Also, the incubation centre of IIM A is amongst the best in the country, if someone is interested in entrepreneurship.
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5
06-02-2018Lokesh
MBA / PGDM Student
Topmost mba college
Faculty: Excellent faculties, they do extensive research, they are top class teachers.
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