MICA Placements 2023: Highest Package: INR 36 LPA & Average Package: INR 20.09 LPA

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MICA Placements 2023: Highest Package: INR 36 LPA & Average Package: INR 20.09 LPA

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Written By Collegedunia Team 

MICA Placements 2023 has been concluded with 100% placements. More than 70 recruiters participated in the placement drive and made offers to all the 173 participating students. MICA highest package stood at INR 36 LPA, which was offered in the analytics, BFSI, and Consulting sector. MICA average package stood at INR 20.09 LPA, showing a 6% increase and the median package at INR 19 LPA, showing a 11.11% increase than the previous year. Analytics, BFSI & Consulting emerged as the top sector with 39 offers. 

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MICA Summer Internship Placements 2024 has also been concluded with 100% placement. Around 70 recruiters visited and made offers to 202 students. MICA highest stipend stood at INR 4.40 Lakhs and MICA average stipend stood at INR 1.54 Lakhs, showing a 49.75% increase in the median stipend. Analytics, BFSI & Consulting emerged as the top sector with 51 offers. 

Some of the top recruiters included Cognizant, Deloitte, Dalmia Group, Flipkart, Google etc. 

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MICA Placements Company Wise 2024

MICA Placement report for the batch of 2024 is yet to be released. However, as per internal research by the Collegedunia team, the following table represents the company-wise salary packages offered during the 2024 placement drive:

Recruiter Range of Package Offered (INR in LPA)
ABFRL 20
ABInBev 29.5
Accenture ATCI 20.57
Accenture Consulting 29
Accenture Strategy 29.04
Accenture Tech 25
Adani Wilmar 16
Amul 14
Angel One 24.79
ASBL 17
BlinkX, JM Financials 24
Brain 20
Coca-Cola 28
Delhivery 15
Diageo 24
Disney 29
Fibe 16
Flipkart 28.43
Groww 14
Himalaya 20
HDFC 22.23
HUL 35.02
ICICI Bank 14
ICICI Prudential 13
I-PAC 24.48
ITC 33
J&J 28
Java 16
Kotak Bank 14
L&K 12
Leo Burnett 12
Loreal 28
Mastercard 18
Media.net 21.16
Nivea 24.15
Publicis 12
PUMA 22.96
Samsung 27.33
Target 16
Tata Steel 20.74
Titan 22
TransUnion CIBIL 23.86
TVS 15
United Breweries 20
Usha 14
Vedanta 16

MICA Placements 2023 Report

Particulars Placements Statistics 2023 Placements Statistics 2022
No. of Students appeared 173 208
Percentage of Students placed 100% 100%
Number of Companies Participated 70+ 77
Highest CTC INR 36 LPA INR 57.51 LPA
Average CTC INR 20.09 LPA INR 19 LPA
Top 50% Average CTC INR 23.82 LPA INR 24.LPA
Median CTC INR 19 LPA -
Increase in Median CTC 11.11%
Top Sectors Analytics, BFSI & Consulting IT / ITES
Top Recruiters Cognizant, Deloitte, Dalmia Group, Flipkart, Google etc Flipkart, Amazon, Deloitte etc

MICA Placements 2023 Sector-wise

Sectors Number of Offers Highest Package Average Package
FMCG 30 INR 33,00,000 INR 22,81,034
IT/ ITeS 31 INR 34,66,928 INR 19,51,925
FMCD 17 INR 27,00,000 INR 21,00,704
Media and Advertising 25 INR 21,31,404 INR 16,36,512
Analytics, BFSI & Consulting 39 INR 36,00,000 INR 23,04,030
Others 31 INR 28,00,000 INR 17,54,648

The maximum number of students were placed in the Analytics, BFSI & Consulting sector and the highest package was also offered in the same sector. 

MICA Placements 2023 Roles Offered

The below table represents the roles offered during MICA Ahmedabad Placements 2023:

Account Manager Associate Marketing Manager Brand Manager Campaign Management
Content Marketing Manager Corporate Communication Customer Success Manager Digital Marketing & SEO Manager
Growth Marketing Manager Loyalty Marketing Analyst Management Trainee Procurement Management
Product Manager Product Marketing Analyst Program Management Lead Sales management Traineee
Segmentation & revenue Management Senior Sales Executive Social Media Manager Sports Marketing 

Check MICA Courses & Fees

MICA Placements Year-wise Trends

The below graph represents the year-wise trends of MICA Ahmedabad Placements:

Particulars 2022-23 2021-22 2020-2021 2019-20 2018-19
No. of Students placed 173 208 206 179 180
Percentage of Students placed 100% 100% 100% 100% 100%
Highest CTC INR 36 LPA INR 57.51 LPA INR 49.75 LPA INR 58.2 LPA INR 58.2 LPA
Average CTC INR 20.09 LPA INR 19 LPA INR 14.01 LPA INR 13.9 LPA INR 12.8 LPA
Top Sector Analytics, BFSI & Consulting IT / ITES IT/ITES IT/ITES/E-Commerce, IT/ITES

MICA maintains a 100% placement record every year. The average CTC has increased in Placements 2023, but the highest CTC has decreased. 

MICA Placements 2023 Batch Profile

The below table represents the batch profile who participated in MICA Ahmedabad Placements 2023:

Particulars Statistics
Male Students 51%
Female Students 49%

51% students in the batch were male & 49% students were female students.

The table represents the work experience of the batch:

Work Experience Percentage of Students
Fresher 39.3%
Less than 1 year 12.1%
1-2 years 22%
2-3 years 16.2%
More than 3 Years 10.4%

39.3% students were freshers, 12.1% students had less than 1 year, 22% students had 1 to 2 years of work experience, 16.2% students had 2-3 years of experience & 10.4% students had more than 3 years.

The below table represents the educational background of the batch:

Educational Background Percentage of Students
Engineering 43.1%
Arts, Law & Design 11.1%
Management 16.3%
Commerce 22.2%
Others 7.2%

43.1% students were from Engineering, 11.1% students from Arts, Law & Design, 16.3% students were from Management, 22.2% of the students were from Commerce, 7.2% students were from other backgrounds

MICA Placements 2023 Top Recruiters

MICA Recruiters

MICA Summer Internship Placements 2024 Highlights

Particulars Internship Statistics (2022-24) Internship Statistics (2021-23) Internship Statistics (2020-22)
No. of Companies visited 70 - 67
Percentage of Students placed 100% - -
Students Appeared 202 - -
Highest Stipend INR 4.40 Lakhs INR 3.5 Lakhs (For 2 Months) INR 3.5 Lakhs
Average Stipend of Top 25 Students INR 3.20 Lakhs - INR 2.56 Lakhs
Average Stipend INR 1.54 Lakhs INR 1.02 Lakhs -
Median Stipend INR 1.45 Lakhs INR 1 Lakhs -
Increase in Average Stipend 49.75% - -
Increase in Median Stipend 81% - -
Job Roles offered Content Marketing, Corportate Communications, Market Research, Product Development, etc. Digital Marketing Intern, Sports Marketing Intern Content Strategy Intern, Trade Marketing Intern
Top Sector Analytics, BFSI & Consulting - -
Top Recruiters Amul, Amazon, Google, Apollo, HP, AICL etc. Coca Cola, ITC Limited, Microsoft, Flipkart -

During MICA Ahmedabad Summer Internship Placements 2024, 70 companies visited the campus. These recruiters placed a total of 202 students. Job roles like Operations, Marketing, Media Planning, Digital Marketing etc were offered to the students. The highest stipend offer was made by the FMCG sector.

The highest stipend of INR 4.40 Lakhs per month was offered. The average stipend stood at INR 1.54 Lakhs per month, showing a increase in the 49.75% than the previous year. Average stipend of top 25 students stood at INR 3.20 Lakhs per month. The median stipend stood at INR 1.45 Lakhs, showing a 81% increase.

Some of the prominent recruiters like Amul, Amazon, Google, Apollo, HP, AICL etc visited the campus during the summer internship placement drive.

MICA Summer Internship Placements 2024 Roles Offered

The below graph represents the roles offered to the participating batch:

Analytics B2B Sales Management Brand Storyteller Branding & Communication
Content Marketing  Corportate Communications D2C Product Marketing E-Commerce Marketing
General Management Influencer & Social Media Marketing Management Consulting Market Research
Media Operations Media Procurement PR & Marketing Product Development
Public Affairs and Communications Segmentation & Revenue Sports Marketing Strategic Planning

MICA Summer Internship Placements 2024 Sector-wise

The below table represents the sector-wise data of MICA Ahmedabad Summer Internship Placements 2024:

Sectors Number of Offers Highest Stipend (INR) Average Stipend (INR)
FMCG 42  INR 4,40,000 INR 1,96,190
IT/ ITeS 28 INR 3,00,000 INR 1,65,143
FMCD 13 INR 2,00,000 INR 1,28,462
Media and Advertising 38 INR 3,00,000 INR 1,17,442
Analytics, BFSI & Consulting 51 INR 2,40,000 INR 1,48,039
Others 30 INR 3,00,000 INR 1,53,000

During MICA Ahmedabad Summer Internship placements 2024, the highest stipend was offered by the FMCG sector, and the most number of offers were made by the Analytics, BFSI & Consulting sector.

MICA Summer Internship Placements 2024 Batch Profile 

The below table represents the batch profile that participated in MICA Ahmedabad Summer Internship Placements 2021:

Particulars Statistics
Male Students 52%
Female Students 48%

48% of the batch were female students & 52% of them were male students.

The below table represents the educational background of the batch:

Educational Background Percentage of Students
Engineering 32.3%
Management 17.1%
Commerce 17.6%
Art & Design 17.6%
Others 14.2%

32.3% students were from Engineering background, 17.1% students had background in Management, 17.6% students had background in Commerce, 17.6% students had background in Art & Design, and 14.2% students were from other backgrounds.

The below graph represents the work experience of the batch:

Work Experience Percentage of Students
Fresher 38.6%
Less than 1 year 13.8%
1-2 years 26.2%
2-3 years 13.3%
More than 3 Years 7.9%

38.6% students were freshers who had no work experience. 13.8% students had less than 1 year of work experience, 26.2% students had 1 to 2 years of experience, 13.3% students had 2 to 3 years of work experience & 7.9% students had more than 3 years of experience.

MICA Summer Internship Placements 2024 Top Recruiters

MICA SIP Recruiters

MICA Alumni Network

Name of Companies No. of Alumni
Amazon 97
Adfactors PR 90
Google 88
MICA Ahmedabad 56
Accenture 35
Flipkart 35
Leo Burnett 35
Viacom18 33
Sony Pictures Networks India 31
upGrad 30
Ogivly 29
Target 26
Unilever 23
Dentsu Webchutney 22
HT Media Ltd 15

MICA& Placements FAQs

Ques. Which is the top recruiting sector during the placement drive of 2023 at MICA? 

Ans. In the placement drive of 2023 at MICA, the major recruiting sector was Analytics, BFSI & Consulting.

Ques. What is the Highest stipend offered during the summer internship placements of 2024 at MICA?

Ans. During the summer internship placements of 2024, the highest stipend stood at INR 4.40 Lakhs.

Ques. What is the Average stipend offered during the summer internship placements of 2024 at MICA?

Ans. During the summer internship placements of 2024, the average stipend stood at INR 1.54 Lakhs.

Ques. What are the Job roles offered during the summer internship placements of 2024 at MICA?

Ans. Some of the Job roles like Content Strategy Intern, Trade Marketing Intern were offered to the students during the summer internship placements of 2024 at MICA.

Ques. What is the stipend offered to the 2024 summer interns at MICA?

Ans. The highest stipend of INR 4.40 Lakhs per month was offered. The average stipend stood at INR 1.54 Lakhs per month, showing a increase in the 49.75% than the previous year. Average stipend of top 25 students stood at INR 3.20 Lakhs per month. The median stipend stood at INR 1.45 Lakhs, showing a 81% increase.

Ques. Which were the top recruiting companies during the summer internship placements of 2024 at MICA?

Ans. Recruiters like Amul, Amazon, Google, Apollo, HP, AICL visited the campus during the summer internship placement drive.

Ques. How many students got placed during MICA Placements 2023?

Ans. 100% of the batch got placed during MICA Ahmedabad Placements 2024.

Ques. What was the highest CTC offered during MICA Placements 2023?

Ans. The highest CTC of INR 36 LPA was offered during MICA Ahmedabad Placements 2023.

Ques. What was the average CTC offered during MICA Placements 2023?

Ans. The average CTC of INR 20.09 LPA was offered during MICA Ahmedabad Placements 2021.

Ques. How are the placements at MICA Placements?

Ans. MICA aims to provide 100% placements to its students every year.

MICA Ahmedabad Highest and Average Package

Highest PackageAverage Package
36 L
20.09 L
07.2 Lakhs14.4 Lakhs21.6 Lakhs28.8 Lakhs36.0 Lakhs

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Why To Join MICA Ahmedabad - Reviews & Rating

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Placement Experience:

The college establishes 100% Summer and Final placements every year. Leading companies visit campus and recruit students regularly. Roles revolve around marketing and related functions. There are ample opportunities for every student, and after joining the college, one should be assured of getting a job.

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Dhairya Goel PGDM, General (Enrolled 2022) Reviewed on Feb 7, 2024
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Placement Experience:

The placements are good with ROI being almost 1. Several companies visit for summer as well as finals. They do publish a placement report every year and all the details are given in that. Most of the roles offered are in the marketing department.

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Sidhanth R PGDM, Communication (Enrolled 2022) Reviewed on Jan 16, 2024
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Placement Experience:

The wonderful thing about MICA is that, apart from offering expertise in several sectors, placement also stays 100% guaranteed, Every year, fresh recruiters join the recruiting drive, and the placement cell works tirelessly. The highest package is in the range of 49-50 LPA, while the average is around 15 LPA. Google, ITC, Aditya Birla, Amazon, and others are among the top recruiters.

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Rajvi Doshi PGDM, General (Enrolled 2021) Reviewed on Jan 13, 2022
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Placement Experience:

The college placements are certainly a drawback. Although some students have secured top packages with the highest at 52.8 lakhs, in 2020, in some of the top companies in India, the average stood at 13.9 lakhs which is really less compared to the B-Schools in its league. The low placements can be attributed to the high number of low-paying agencies hiring from the college. However, most top brands of the country open their competitions to MICA, which becomes a decent way for its students to achieve good placements. Overall the college always receives 100% placements, barring a few students who opt out of the process. This is true for both summer and final placements. The number of PPO and PPI holders at MICA also stood at 25% which is a very encouraging number.

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Divij Jhunjhunwala PGDM, Communication (Enrolled 2020) Reviewed on May 10, 2021
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MICAN Madness

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Placement Experience:

Campus placements were well-conducted and timely, considering the pandemic this last year as well. For my summer placements in 2019, the process started in September and ended in early October, where I was placed at PUMA India Ltd. For the final placements as mentioned earlier, i was placed at Collegedunia.com. 100% of students have received placements and companies ranged from HUL to here. The highest salary was about 32L, average Salary is still unknown. My plans after placements are to do extremely well at my new job and hopefully being at collegedunia for a long time and being an integral part of its success going ahead.

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Siddharth Balakrishnan Nair PGDM, Communication (Enrolled 2019) Reviewed on Apr 26, 2021
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Placement Experience:

The average CTC is around Rs 12.86 to 13.98 lakhs. 88 recruiters participated in the process. 67.54% of students are placed in the FMCG sector. Other recruiters are from fields like advertising, retail, FMCD, media, analytics, consulting, and IT. A few major recruiters include Amazon, AMUL, HUL, Jawa, Citi, Titan, MTR, Group M, Raymond, Target, Google, Intel, Puma, etc.

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Sneha Aggrawal PGDM, General (Enrolled 2018) Reviewed on Apr 2, 2021
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Placement Experience:

Placements at MICA is not less than any other b-school of India. Many top companies visit campus to recruit and offer various jobs in different profiles according to the requirement. The highest offer every year goes anywhere around 25lpa for domestic jobs. Some of the companies that visit campus include Amul, Hotstar, Disney, titan, etc. The college has a record of 100% placement for both summers as well as finals. I have opted for the job offered to me at the college itself as I was satisfied with the profile and with the other perks that were offered.

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Vivek PGDM, Communication (Enrolled 2018) Reviewed on Jan 29, 2021
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Magical MICA

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Placement Experience:

The average placement ranges around Rs 12.8 to 13.98 Lakhs. The highest package offered is around Rs 32.8 lakhs (domestic) and Rs.59 lakhs (International). The key recruiters are Loreal, Britannia, Amul, Amazon, Intel, JAWA, Mahindra, ICICI Bank, Target etc.

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Dheeraj Kalra PGDM, General (Enrolled 2019) Reviewed on Mar 21, 2021
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Placement Experience:

The average placements lie around Rs.13 to 14 lakhs CTC. The highest package offered lies around Rs.32 Lakhs CTC. The companies visiting the campus are 86 in number. The college records a 100% placement.

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Kushagra Pandey PGDM, General (Enrolled 2018) Reviewed on Mar 21, 2021
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Placement Experience:

The key recruiters in the E-commerce sector include Amazon, Intel, Flipkart, Google etc, FMCG sector-Amul, HUL, Loreal etc, FMCD- Raymond, Target, Puma, Aditya Birla, etc, Analytics-ICICI Bank, Citi, Deloitte etc., Advertisement- Group M, DDB Mudra Group, Media net, Publicis Com etc., The highest package offered is Rs. 32.8 lakhs per annum (Domestic) and the average placement is around Rs. 13.89 Lakhs.

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Amrendra pratap singh PGDM, General (Enrolled 2018) Reviewed on Mar 21, 2021
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MICA Ahmedabad: 2 Answered Questions

How good are the job placements for MICA (Mudra Institute of Communications) Ahmedabad? Does anyone get an international offer?

Aritri Mukharjeestudied at MICA, Ahmedabad

Mudra Institute of Communications (MICA) has a great placement scenario. 

MICA Placement: 

  • The 2022 batch got an average CTC of around INR 19 LPA and the highest CTC offered was INR 57.51 LPA. 
  • The placement average for the batch was 100%.

Students also get international placement offers. According to the 2019-20 placement statistics, the highest international CTC offered was INR 58.2 LPA. 

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MICA vs XIMB? Which one is better in terms of placement and ROI?

Sandip Pal
Hardik NagarStudied at MICA, Ahmedabad

MICA and XIMB are both well-respected business schools in India that offer a high return on investment (ROI) to their students. Both schools have a good track record of placing their graduates in well-paying, strategic positions.

MICA, in particular, has a reputation for its strong focus on strategic marketing and communication. The school has a high fee structure, but this is offset by the strong career prospects it offers its graduates. In 2022, MICA recorded a 100% placement rate, with more than 70 companies participating in the recruitment process. The average package offered was INR 19 LPA, and the highest package was INR 57.51 LPA. The IT/ITES sector emerged as the top sector for MICA graduates, with popular job roles including Business Analyst, Marketing Specialist, Product Manager, and Brand Strategist.

XIMB also boasts a strong placement record, with 100% of its 2022 graduating class being placed. The average package offered during XIMB placements in 2022 was INR 17.54 LPA, and the highest package was INR 32.21 LPA. The school is highly ranked and has a good reputation for its MBA program. XIMB MBA fees include course fees, IT expenses, alumni fees, refundable caution deposits, development funds, and course materials. Hostel fees and mess charges are extra.

Both MICA and XIMB have a great reputation for their career placements. MICA is known for its strong focus on strategic marketing and communication and XIMB is known for its strong MBA program and high ROI. MICA average package is INR 19 LPA and XIMB average package is INR 17.54 LPA. Both institutes have a 100% placement rate and a good reputation.

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MICA Ahmedabad Alumni Distribution by Sector

Marketing 28%
Business Development 17%
Media and Communication 13%
Sales 10%
Arts and Design 6%

Frequently Visited Companies

Companies
AmazonCognizantDirectiErnst & Young
FlipkartIBMMahindra & MahindraMu Sigma
Tata MotorsWipro3MDeloitte
GoogleITCONGCSymphony
Tata SteelBioCon Ltd.Citi BankHero Motocorp
Hindustan Unilever LimitedTVS MotorsMakeMyTrip India Pvt. Ltd.Tata Housing

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