IIM Ahmedabad Placements 2024: Highest Package & Average Package
What's New in IIM Ahmedabad?
20 Nov, 2024
- IIM Ahmedabad successfully concluded the Summer Placement process for the PGP Class of 2026, with 60 firms participating across 13 cohorts. Tata Consultancy Services was the top recruiter with 9 offers, followed by Adobe, Tata Steel, and Silver Consumer. All candidates were placed within the three-cluster process. Click here to check.
IIM Ahmedabad Placements 2024: Highest Package & Average Package
IIM Ahmedabad successfully placed 100% of its students from the PGP and PGP-FABM batch of 2024. The placements witnessed strong participation from various sectors including Accenture (26 offers) and Boston Consulting Group (23 offers) were the top recruiters overall. Consulting (TCS with 17 offers), Investment Banking (Goldman Sachs with 9 offers), and General Management (Adani with 10 offers) saw significant growth. The number of conglomerate job roles increased by 13% compared to last year. Students secured placements across 30 different cohorts, reflecting the variety of available roles.The placements were conducted in two stages, ensuring efficient matching of students and companies. 23 new companies participated in the PGP placements, further expanding the pool of opportunities.
IIM Ahmedabad has also concluded its placements for the PGP-FABM batch of 2024. Recruiters from various sectors like Agri-inputs, Agri-Tech, Consulting, and FMCG offered diverse roles to PGP-FABM students. Reliance Industries and Grant Thornton emerged as the top recruiters, followed by Accenture, EY, and Nestle.
The PGPX program also concluded its placements 2024 successfully. The highest domestic package stood at INR 54.80 LPA, while the highest international package reached USD 126,564. The average package for domestic PGPX students was INR 36.41 LPA, and USD 126,564 for international students, marking a strong showing for the program. This successful placement season highlights IIM Ahmedabad's continued ability to attract leading companies and prepare graduates for highly sought-after careers.
IIM Ahmedabad PGP Summer Internship Placements 2025 is concluded with 404 placements. The internship percentage was 100%. BCG emerged as the top recruiter with 22 offers. Other of the top recruiters included Mc Kinsey, Bain & Company, Kearney, Goldman Sachs, HUL etc.
Table of Content
- IIM Ahmedabad Placements 2024
- IIM Ahmedabad Summer Internship Placements 2025 Report
- IIM Ahmedabad Placements 2023 Report
- IIM Ahmedabad Average Package
- IIM Ahmedabad Highest Package
- IIM Ahmedabad Placements 2023 Sector-wise Analysis
- IIM Ahmedabad Placements 2023 Cluster-wise
- IIM Ahmedabad Placements 2023 Company-wise
- IIM Ahmedabad PGPX Placements 2024
- IIM Ahmedabad Placements 2023 Top Recruiters
- IIM Ahmedabad Placements FAQs
IIM Ahmedabad Placements 2024
IIM Ahmedabad placements 2024 report will be publish once the data the data will be released. The following table represents the comapany wise number of offers received at IIM Placements 2024:
| Name of the Company | Number of Offers |
|---|---|
| Accenture | 26 |
| BCG | 23 |
| TCS | 17 |
| FINQ | 11 |
| Adani Group | 10 |
| Goldman Sachs | 9 |
| NAVI | 9 |
| PWC | 9 |
| Praxis Consulting | 7 |
| Essar Group | 6 |
| Microsoft | 6 |
| HUL (All PPOs) | 6 |
| JP Morgan | 5 |
IIM Ahmedabad Summer Internship Placements 2025 Report
The below table shows the highlights of IIM Ahmdebad PGP Summer Internship Placements 2025:
| Particulars | Internship Statistics (2025) |
|---|---|
| Number of Students Placed | 404 |
| Internship Percentage | 100% |
| No. of Recruiters | 124 |
| Major Sector | Consulting (142) |
| Top Recruiters | BCG, Bain & Company, Mc Kinsey, Bain & Company, Kearney, Goldman Sachs, HUL etc |
IIM Ahmedabad Summer Internship Placements 2025 Sector – wise
The below table shows the sector-wise statistics of IIM Ahmedabad Summer Internship Placements 2025:
| Sectors | No. of Offers |
|---|---|
| Consulting | 142 |
| Finance | 73 |
| Marketing | 48 |
IIM Ahmedabad Summer Internship Placements 2025 Cohort-wise
The below table shows the number of offers made by the top recruiters:
| Cohort | Top Recruiters |
|---|---|
| Management Consulting | BCG, Bain & Company, Mc Kinsey, Kearney |
| Inverstment Banking & Marketing | Goldman Sachs |
| Consumer Goods & Durables | HUL, P&G |
In the Management Consulting cohort, BCG was the top recruiter with 22 offers. In the Investement Banking & Marketing cohort, Goldman Sachs was the top recruiter with 9 offers while HUL was the top recruiter in the Consumer Goods & Durables cohort with 9 offers followed by P&G which made 6 offers.
IIM Ahmedabad Placements 2023 Report
The below table shows the highlights of IIM Ahmedabad PGP Placements 2023:
| Particulars | Placements Statistics (2021-23) | Placements Statistics (2020-22) |
|---|---|---|
| Number of Placement Offers | 280 | 382 |
| Number of International Offers | 8 | 7 |
| Highest Package | INR 1.15 CPA | INR 61.48 LPA |
| Average Package | INR 34.36 LPA | INR 32.79 LPA |
| Major Cohort | Conglomerates & FMCG | Consulting & BFSI |
| Number of Recruiters | 188 | 190 |
| Top Recruiters | Emaar, A91 Partners, BCG, PwC, KPMG, HSBC | BCG, Accenture, Goldman Sachs, TCS |
- The highest package of IIM Ahmedabad increased by about 87% in 2023 as compared to 2022.
- The average package of IIM Ahmedabad also increased from INR 32.79 LPA to INR 34.36 LPA. There was an increase of 5% approximately.
- IIM Ahmedabad PGP 2021-23 batch received a total of 280 offers including 8 international offers.
- Conglomerates & FMCG were the major cohorts during the 2023 placement drive.
The below table shows the placement comparison of top IIMs as per 2023 data:
| Particulars | Highest Package | Average Package |
|---|---|---|
| IIM Ahmedabad | INR 1.15 CPA | INR 34.36 LPA |
| IIM Bangalore | INR 1.15 CPA | INR 35.31 LPA |
| IIM Calcutta | INR 1.15 CPA | INR 35.07 LPA |
IIM Ahmedabad Average Package
The below table shows IIM Ahmedabad average package offered for different courses in year-wise manner:
| Placement Year | IIM Ahmedabad Average Package | |
|---|---|---|
| PGP & PGP-FABM | PGPX | |
| 2023 | INR 34.36 LPA | INR 35.68 LPA |
| 2022 | INR 32.79 LPA | INR 38.64 LPA |
| 2021 | INR 27.54 LPA | INR 32.44 LPA |
The average package of IIM Ahmedabad PGP batch has an upward trend when compared with last 3 years data. But, IIM Ahmedabad PGPX average package declined from INR 38.64 LPA to INR 35.68 LPA in 2023.
Get Exclusive Placement Insights: Join IIM Ahmedabad CommunityIIM Ahmedabad Highest Package
The below table shows year-wise highest package offered during IIM Ahmedabad Placements over the years:
| Placement Year | IIM Ahmedabad Highest Package |
|---|---|
| 2023 | INR 1.15 CPA |
| 2022 | INR 61.48 LPA |
| 2021 | INR 27.54 LPA |
The highest package of Ahmedabad increased from INR 27.54 LPA in 2021 & INR 61.48 LPA in 2022 to INR 1.15 CPA in 2023.
IIM Ahmedabad Placements 2023 Sector-wise Analysis
As per the information collected by collegedunia, IIM Ahmedabad highest package of INR 1.15 Cr. was offered by Emaar followed by INR 1.3 Cr. which was offered by A91 Partners.
The following table represents the sector wise analysis for the batch 2023 at IIM Ahmedabad:
| Sectors | CTC Range |
|---|---|
| Consulting | INR 27 - 41 LPA |
| Investment Banking | INR 30 LPA - INR 67 LPA |
| Conglomerates / FMCG | INR 23 LPA - INR 1.15 Cr. |
| BFSI / IT / E-Commerce | INR 23 - 63 LPA |
IIM Ahmedabad Consulting Sector Placements 2023
The following table represents the consulting sector placements for the batch 2023 at IIM Ahmedabad:
| Company | CTC |
|---|---|
| Mckinsey & company | 36-41 |
| Boston Consulting Group | 38 |
| Bain & Company | 32 |
| Kearney | 30-35 |
| Oliver Wyman | 36 |
| Monitor Deloitte | 27 |
| Arthur D Little | 36 |
| PWC | 30 |
| KPMG | 28-34 |
IIM Ahmedabad Investment Banking Placements 2023
The following table represents the companies offered Investment banking roles at IIM Ahmedabad:
| Company | CTC |
|---|---|
| Goldman Sachs | 36 |
| Avendus Capital | 50 |
| Arpwood Capital | 50 |
| Standard Chartered | 45 |
| HSBC | 42 |
| 03 Capital | 40-67 |
| Citibank | 45 |
| Premji Invest | 40 |
| The xander Group | 30 |
| American Express | 35 |
IIM Ahmedabad Conglomerates / FMCG Sector Placements 2023
The following table represents the Conglomerates / FMCG Sector placements for the batch 2023 at IIM Ahmedabad:
| Company | CTC |
|---|---|
| Adani Group | 23 |
| Asian Paints | 26-28 |
| Coca-cola | 28 |
| Loreal | 33 |
| Kimberly-Clark | 30 |
| Wipro CCL | 28-30 |
| Nestle | 34 |
| P&G | 33 |
| Samsung Electronic | 25 |
| Amazon | 45 - 50 |
| Aditya Birla Group | 26 |
| Bajaj Finserv | 32 |
| CK Birla | 21 |
| Emaar | 1.15 cr |
| Reliance | 24 |
| TAS | 33 |
| Piramal | 26 |
| JSW One Platforms Ltd | 23 |
| Essar Group | 25 |
| Dabur | 28 |
| Trident Group | 72 |
IIM Ahmedabad BFSI / IT / E-Commerce Sector Placements 2023
The following table represents the BFSI / IT/ E-Commerce sector placements for the batch 2023 at IIM Ahmedabad:
| Company | CTC |
|---|---|
| Amazon | 45-50 |
| Flipkart | 25-30 |
| Myntra | 26 - 28 |
| Nykaa | 29 |
| Angel Broking | 27-40 |
| Navi Technologies | 45 |
| Capital One | 63 |
| Piramal Alternatives | 26 |
| Wells Fargo | 35 |
| EXL | 27-32 |
| FinIQ | 30 |
| Media.net | 37 |
| Microsoft | 35-45 |
| Ola | 23 |
| Adobe | 33 |
| Zomato | 23-30 |
The below table represents the cluster-wise statistics of IIM Ahmedabad Placements 2023:
| Clusters | Details |
|---|---|
| Cluster 1 |
|
| Cluster 2 |
|
| Cluster 3 |
|
The below table shows the top company-wise number of offers made during IIM Ahmedabad Placements 2023:
| Recruiter | No. of Offers |
|---|---|
| McKinsey & Company | 34 |
| BCG | 33 |
| TCS | 25 |
| Adani | 10 |
| Essar Group | 8 |
IIM Ahmedabad PGPX Placements 2024 final report is released. The placement drive was completed in June, 2023. The highlights are as follows:
| Particulars | PGPX Placements Statistics (2024) | PGPX Placements Statistics (2023) |
|---|---|---|
| Number of Eligible Students | 147 | 140 |
| Number of Students Sought for Placements | 126 | 130 |
| Number of Placement Offers | 121 | 178 |
| Number of Offers Accepted | 121 | 128 |
| Highest Package (Domestic) | INR 54.80 LPA | INR 1.08 CPA |
| Highest Package (International) | USD 126,564 | $212,347 |
| Average Package (Domestic) | INR 36.41 LPA | INR 35.68 LPA |
| Average Package (International) | USD 126,564 | $123,949 |
| Median Package (Domestic) | INR 35 LPA | INR 33.05 LPA |
| Median Package (International) | USD 126,564 | $106,087 |
| Lowest Package (Domestic) | INR 21.46 LPA | INR 18 LPA |
| Lowest Package (International) | USD 126,564 | $82,000 |
| Experience of Students | - | 4 to 16 Years |
| Major Sectors | Consulting (26) and IT Consulting (16) | Consulting (31), IT (24) |
| Major Functions | Consulting (36), Product/ Category Management (16) | Consulting (40), Sales & Marketing (32) |
| Top Recruiters | BCG (South-East Asia), Bain, PwC, Mc Kinsey, KPMG, Infosys etc |
During IIM Ahmedabad PGPX Placements 2024, among the 121 accepted offers, 119 offers were domestic offers & 2 offers were from outside of India. Among the domestic offers, 45 offers were for Bangalore location, 23 from Mumbai and 20 from Delhi NCR.
IIM Ahmedabad PGPX Placements 2024 Sector-wise
The below table shows the sector-wise number of offers offered during IIM Ahmedabad PGPX Placements 2024:
| Sectors | Number of Placement Offer | Highest Package | Average Package |
|---|---|---|---|
| Automotive | 4 | INR 48,42,000 | INR 42,01,000 |
| BFSI | 13 | INR 42,00,000 | INR 35,35,117 |
| Consulting | 26 | INR 47,20,000 | INR 33,81,785 |
| Energy | 7 | INR 43,73,715 | INR 32,99,848 |
| FMCG | 4 | INR 54,00,000 | INR 32,99,848 |
| IT Consulting | 16 | INR 54,80,000 | INR 41,09,294 |
| IT Software | 8 | INR 38,00,000 | INR 33,38,521 |
| IT Solutions | 12 (Domestics) + 2 (International) | INR 36,00,000 | INR 29,54,667 |
| Manufacturing | 6 | INR 44,00,000 | INR 38,66,667 |
| Pharmaceutical/ healthcare | 12 | INR 50,88,170 | INR 42,26,918 |
| Telecom | 4 | INR 36,00,000 | INR 36,00,000 |
| Others | 7 | INR 44,65,000 | INR 33,95,000 |
| Total | 121 | - | - |
During IIM Ahmedabad PGPX Placements 2024, 2 international offers came from the IT Solutions sector & rest of the offers were domestic offers.
IIM Ahmedabad PGPX Placements 2024 Function-wise
The below table shows the function-wise number of offers offered during IIM Ahmedabad PGPX Placements 2024:
| Function | Numbers of Placement Offers | Highest Package | Average Package |
|---|---|---|---|
| Consulting | 36 | INR 54,80,000 | INR 36,45,242 |
| Finance | 6 | INR 44,80,000 | INR 35,04,822 |
| General Management | 14 | INR 44,81,000 | INR 34,82,323 |
| HR | 3 | INR 50,88,170 | INR 50,88,170 |
| Marketing/ Sales | 12 (Domestics) + 2 (International) | INR 54,00,000 | INR 37,25,583 |
| Operations | 9 | INR 54,00,000 | INR 37,31,686 |
| Others (Analytics) | 5 | INR 34,00,000 | INR 32,80,000 |
| Product/ Category Management | 16 | INR 47,20,000 | INR 36,55,214 |
| Strategy | 11 | INR 50,88,170 | INR 35,78,197 |
| Systems/ IT | 7 | INR 50,88,170 | INR 35,10,906 |
| Total | 121 | - | - |
Among all the functions, 2 international offers were made for the Marketing/ Sales function and rest were domestic offers.
IIM Ahmedabad Placements 2024 Top Recruiters
The below table shows the names of the top recruiters who participated in of IIM Ahmedabad Placements 2024
| Emaar | A91 | Partners |
| BCG | PwC | KPMG |
| HSBC | McKinsey & Company | Essar Group |
IIM Ahmedabad Placements FAQs
Ques. How was IIM Ahmedabad placements 2023?
Ans. During IIM Ahmedabad Placements 2023, the highest package stood at INR 1.15 CPA whereas the average package stood at INR 34.36 LPA for the PGP batch. A total of 188 recruiters participated in the placement drive. Some of the top recruiters included Emaar, A91 Partners, BCG, PwC, KPMG, HSBC etc. During the PGPX Placements 2023, the highest domestic package stood at INR 1.08 CPA while the highest international package stood at $212,347. PGPX average package stood at INR 35.68 LPA at domestic level & $123,949 at international level.
Ques. How was IIM Ahmedabad PGPX Placements?
Ans. During IIM Ahmedabad PGPX Placements 2024, the highest domestic package stood at INR 54.80 LPA while the highest international package stood at USD 126,564. PGPX average package stood at INR 36.41 LPA at domestic level & USD 126,564 at international level. The below table shows the year-wise average package offered to the PGPX students?
| Placement Year | PGPX Average Package |
|---|---|
| 2024 | INR 36.41 LPA |
| 2023 | INR 35.68 LPA |
| 2022 | INR 38.64 LPA |
| 2021 | INR 32.44 LPA |
Ques. How is IIM Ahmedabad PGP FABM Placements 2023?
Ans. IIM Ahmedabad Placements 2023, the PGP & PGP FABM batch received 280 placement offers including 8 international offers. IIM Ahmedabad highest package increased by 87% to INR 1.15 CPA whereas IIM Ahmedabad average package increased by 5% to INR 34.36 LPA for the PGP batch. A total of 188 recruiters participated in the placement drive. Some of the top recruiters included Emaar, A91 Partners, BCG, PwC, KPMG, HSBC etc.
Ques. Which companies participate in IIM Ahmedabad Placements?
Ans. IIM Ahmedabad Placements 2023 saw participation of recruiters like Emaar, A91 Partners, BCG, PwC, KPMG, HSBC etc.
Ques. What is IIM Ahmedabad Placements highest package?
Ans. The highest package of IIM Ahmedabad stood at INR 1.15 CPA during the 2023 placement drive. The below table shows the year-wise highest packages of IIM Ahmedabad:
| Placement Year | IIM Ahmedabad Highest Package |
|---|---|
| 2023 | INR 1.15 CPA |
| 2022 | INR 61.48 LPA |
| 2021 | INR 27.54 LPA |
Ques. What is IIM Ahmedabad Placements average package?
Ans. IIM Ahmedabad average package stood at INR 34.36 LPA for the PGP & PGP FABM batch & INR 35.68 LPA for the PGPX batch The below table shows IIM Ahmedabad average package offered for different courses in year-wise manner:
| Placement Year | IIM Ahmedabad Average Package | |
|---|---|---|
| PGP & PGP-FABM | PGPX | |
| 2024 | - | INR 36.41 LPA |
| 2023 | INR 34.36 LPA | INR 35.68 LPA |
| 2022 | INR 32.79 LPA | INR 38.64 LPA |
| 2021 | INR 27.54 LPA | INR 32.44 LPA |
Ques. Where do IIM Ahmedabad alumni members work?
Ans. IIM Ahmedabad alumni members work in organizations like Amazon, Accenture, Microsoft, Google, Bain & Company, McKinsey & Company etc.
Ques. How many offers were made during IIM Ahmedabad Placements 2023?
Ans. During IIM Ahmedabad Placements 2023, PGP batch received 280 offers while PGPX students received 178 offers.
Ques. How was IIM Ahmedabad Summer Internship Placements 2023?
Ans. During IIM Ahmedabad Summer Internship Placements 2023, PGP students received 219 job roles while PGP FABM students received 46 internship offers.
Ques. What is the placement process of IIM Ahmedabad?
Ans. IIM Ahmedabad Placements are conducted in 3 clusters. The cluster-wise statistics of IIM Ahmedabad Placements 2023 are as follows:
The below table represents the cluster-wise statistics of IIM Ahmedabad Placements 2023:
| Clusters | Details |
|---|---|
| Cluster 1 |
|
| Cluster 2 |
|
| Cluster 3 |
|
Ques. Did IIM Ahmedabad Summer Internship Placements 2024 conclude?
Ans. IIM Ahmedabad PGP Summer Internship Placements 2024 is concluded. BCG emerged as the top recruiter. Students received a total of 60 job offers. IIM Ahmedabad EPGP Summer Internship Placements 2024 is also concluded. Phase 1 engaged 60 firms, phase 2 engaged 50 firms & phase 3 engaged 35 recruiters. Some of the top recruiters included BCG, Bain & Company, Adani Group, TCS etc.
Ques. Which companies offered jobs during IIM Ahmedabad Placements 2023?
Ans. Recruiters like McKinsey & Company, BCG, TCS, Adani Group, Essar Group etc participated in IIM Ahmedabad PLacements 2023. The below table shows the top company-wise number of offers made during IIM Ahmedabad Placements 2023:
| Recruiters | No. of Offers |
|---|---|
| McKinsey & Company | 34 |
| BCG | 33 |
| TCS | 25 |
| Adani | 10 |
| Essar Group | 8 |
Ques. Which are the major cohorts of IIM Ahmedabad Placements 2023?
Ans. Conglomerates & FMCG were the major cohorts of IIM Ahmedabad Placements 2023.
Ques. What is the highest placement at IIM Ahmedabad?
Ans. During IIm Ahmedabad Placements 2023, the highest package offered was INR 1.15 CPA.
Ques. Does IIM Ahmedabad have 100% placements?
Ans. IIM Ahmedabad maintains 100% placements every year.
Ques. What is IIM Ahmedabad placements salary?
Ans. During IIM Ahmedabad Placements 2023, the highest package offered was INR 1.15 CPA and the average package stood at INR 34.36 LPA for the PGP batch. For the PGPX batch 2024, the average package stood at INR 36.41 LPA (domestic) for the highest package at INR 54.80 LPA.
Ques. Has IIM Ahmedabad placement report 2024 released?
Ans. IIM Ahmedabad PGPX Placements 2024 final report is released. But, the PGP & PGP FABM placements report for 2024 are not released yet.
Ques. What is the year-wise trend of IIM Ahmedabad Placements?
Ans. IIM Ahmedabad highest package increased by 87% to INR 1.15 CPA whereas IIM Ahmedabad average package increased by 5% to INR 34.36 LPA for the PGP batch of 2023.
Ques. How many recruiters participated in IIM Ahmedabad Placements 2023?
Ans. 188 recruiters participated in IIM Ahmedabad PGP Placements 2023.
Ques. How many offers were received during IIM Ahmedabad Placements 2024?
Ans. During IIM Ahmedabad Placements 2024, PGP students received 144 offers till now while PGPX students received 121 offers.
IIM Ahmedabad Highest and Average Package
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Why To Join IIM Ahmedabad - Reviews & Rating
Most Popular Tags
Likes
- The campus life is one in a lifetime experience
- Students from diverse backgrounds helped me learn a lot
Dislikes
- The academic program is going to be rigorous
- If the government funds the college more then more students are likely to enrol
Placement Experience:
IIMs offer 100% placement and the average package of IIM A is 31 lpa which is quite great. Highest packages come close to 1 crore. Every student gets the opportunity of a summer internship program in the 1st year and some are offered pre placement offers too. After the second year students get placed in huge companies with great packages and tend to have a lavish life. IIM A alumni network is very strong too and students get to be inspired by great leader like Ajay Banga who is currently the CEO of Mastercard and nominated to be World Bank CEO too.
Likes
- Diversity , placements
- Courses and teaching style
Dislikes
- Mosquitoes (huge and every year students get infected with dengue)
- Very busy life
Placement Experience:
As our college gives higher preference the academics...at the end of the last term the placements will begin They are many companies from different domains like consulting, marketing, finance, agriculture, product management, General management etc., And they offer based on the company size consultants more than 50 sometimes and for agriculture 1 or 2. Our college has a record of 100 per cent placements I will be placed in college placements and probably I want to start my journey in marketing
Likes
- Overall experience of a lively and cheeful campus.
- Case based study curriculum
Placement Experience:
Students become eligible for placements in the 6th term. There is a record of 100 percent placements. There are top recruiters like PepsiCo, Nestlé, Bayer, Olam, Yes Bank, Amul, UPL, FMC, Zepto, Iff, Licious, Udaan, and more.
Likes
- Teaching style like case based pedagogy, role play, projects
- Campus amenities and culture
Dislikes
- harsh climate
- being south Indian Gujrati cuisine is not apt for me
Placement Experience:
The placement process starts from the time we join the campus. It is a cluster cohort system, with an aim of right fit for every student.. For first-year students after completion of Term 1, a Summer internship takes place, and for second-year placement start after 5th term. Many companies visit campus offering various profiles in Finance, consulting, marketing, IT, product management, real estate, consumer goods, and pharmaceuticals. 190 recruiters offered 220 offers during the last season. However, it is confidential to share the name of the companies. Highest package was Rs. 1.12 CTC, an average of Rs. 36.2 LPA in India. International offers had the highest package of $150,297. 100% of opted students got placed in the last season. My plan includes working for an MNC for 5-10 years and setting up a Startup.The highest
Placement Experience:
Summer placements are conducted in term 2 of 1st year. Final placements are conducted in term 6 of the programme. Companies from different domains like consulting, operations, prodman, and marketing visit the campus. The average salary package is about 30 lakhs for final placements. 100% placement recorded.
Placement Experience:
The placements are very high and the best thing is that the placement report is audited by an approved authority and that is only the case with IIMA. The average package varies around 18-20 lakhs per annum for FABM. However, it is relatively higher for PGP students.
Placement Experience:
There is summer placement for two months after the first year, for which the process starts in November. There is a record of 100% placement with an average package of 21 lakhs for PGP-FABM & about 34 lakhs for PGP.
Placement Experience:
The institute provides campus placement to students. Placement starts from the month of Nov and ends up in the month of March. Placement happens on a rolling basis. All big consulting, tech giants come for placements. Around 97-98% of students get placed with avg CTC of 33L with, Median of 30L.
Placement Experience:
After your third semester, I believe you will be qualified for placements about 200 firms visit campus to offer positions to Associates, and YES, placements are 100%. The most expensive package is Rs 56 LPA. The average package has increased to Rs 26 LPA. The top recruiters were:Mastercard, Boston Consulting Group, McKinsey, JP Morgan, Avendus, Matrix Partners and SAW Partners, CK Birla, Amazon , Microsoft and RPG Group.
Placement Experience:
In the 1st year of the curriculum, the students are eligible for internships and in the 2nd year, they are eligible to sit in final placements. IIM A 100% placement guarantee in which prestigious companies give lucrative offers. The average package is in the region of 55 lakhs.
IIM Ahmedabad: 30 Answered Questions
Is it a better choice for choosing FMS Delhi over IIM A or IIM B when compared to placement salary?
There is no question at all if you are optimising for salary in the short term. On average, you would earn more at IIM Ahmedabad and Bangalore than at FMS. In the long run, it will be much more dependent on you and a little bit on the profile you want to work in. However, ceteris paribus and on average IIM Ahmedabad or IIM Bangalore will earn more or as much as an FMS grad. Choose A or B if you want to maximise your placement salary.
Whether you should optimise for placement salary is a different question, and the answer depends on what you want to do with your life.
Are placements at IIM Calcutta as good as that of IIM Ahmedabad?
I will mention the placement statistics of both and let you decide if IIM Calcutta has placements as good as that of IIM Ahmedabad.
|
Particulars |
IIM Calcutta |
IIM Ahmedabad |
|
Highest Package |
INR 1.15 CPA |
INR 1.15 CPA |
|
Average Package |
INR 35.07 LPA |
INR 34.36 LPA |
|
Top Recruiters |
Avendus Capital, Citi Bank, HSBC, Goldman Sachs |
Emaar, A91 Partners, BCG, PwC, KPMG, HSBC |
|
Total Offers |
573 |
280 |
Following are my insight from the above comparison:
- Almost all students of both institutes IIM Ahmedabad and IIM Calcutta are placed so there isn’t much difference.
- Moreover, the median packages are similar proving that the placement scenario is similar.
So I don’t think there is much difference between the placement scenarios at IIM Ahmedabad and IIM Calcutta.
What is the package of MBA student from IIM Ahmedabad?
The different salary packages for IIM Ahmedabad MBA students are as follows.
| IIM Ahmedabad Packages 2021 | |
| Highest Package | INR 1.32 Cr PA |
| Average Package | INR 26.13 LPA |
| Median Package | INR 25 LPA |
| Average packages for top 10% students | INR 32.10 LPA |
Around 153 companies visited the campus placement to recruit students.
How was your selection process at Guild Capital during IIM Ahmedabad placements?
My sister's friend reached out to the Guild Team for an internship in her 5th semester at IIM Ahmedabad. She wanted some experience in the field of venture capital. Luckily she got selected. Her boss suggested she get some experience in the consulting sector. She was in a dilemma when she received Guild's offer to join.
With no experience, she would be making a risky decision of opting out of the placement process. But she finally took the step and accepted Guild's offer. Today she has no regrets for the same and is well settled.
How are placements in IIM Ahmedabad?
The reason why IIM Ahmedabad is everyone’s dream college is because of its exceptionally good placement opportunities.
IIM Ahmedabad Placements 2022 Report
|
Number of Students Registered |
121 |
|
Number of Offers |
172 |
|
New recruiters |
20 |
|
Highest International Package |
$150297 |
|
Highest Domestic Package |
INR 75.2 LPA |
|
Median Package |
INR 36.2 LPA |
|
Increase in Median Package |
21% |
|
Major Sectors |
IT and Healthcare |
The major companies that visited IIM Ahmedabad for placements are BCG, Accenture Strategy, Paytm, PwC, OYO, etc.
How are the placements for engineers with no work experience at the IIMs, FMS Delhi and XLRI?
The two most important factors considered by recruiters during Placements at IIM ABC/FMS/XLRI are
- Brand of UG College - SRCC/Old IITs/BITS/CA
- High Academics - University RankHolders, City Toppers in Boards, or at least Department Rank Holders with 8.5+ in Engineering.
MBA scores are of much importance during Final Placements but are Not available during summer placement.
If you have passed the above criteria, you are most likely to land any job. Still, I have segregated the roles that require work experience and the roles that do not.
Roles that require work experience
- Operations/Supply chain/product management.
- Any role will require work experience if your above 2 criteria are not up to the mark.
Roles that do not require work experience
- Consulting
- Investment Banking
- PE/VC
- Marketing
- Corporate Finance roles
So most of the jobs do not require work experience. Even if they do only non-engineering work experience is of value unless you want to go into Operations/Supply chain/product management.
How much do the top B-schools like the IIMs FMS, MDI, XLRI, SP JAIN, JBIMS, IIFT, and NITIE inflate their placement reports?
In the placement process, it is not always the B-Schools that are responsible for reporting inflated packages, but rather the companies. The figure reported by placement cells is referred to as the "Cost to Company" (CTC) and not the take-home salary. This means that simply dividing the CTC by 12 is not an accurate reflection of what you will receive in your bank account each month.
CTC consists of two main components: fixed and variable. The fixed component includes your basic salary, HRA, TA, LTA, employer's contribution to the provident fund, joining bonus, retention bonuses, and ESOPs. The variable component is based on both your performance and the company's performance and is paid out in lump sums either yearly or half-yearly.
Your take-home salary at the end of each month is calculated as basic salary + HRA + TA + other allowances - provident fund deduction - tax. The remaining amount is given to you at the end of the year. To illustrate how companies may inflate their CTC figures, here are a few examples:
- Amazon:
Fixed component: 9 lakhs
Year 1 end retention bonus: 2 lakhs
Year 2 end retention bonus: 1.5 lakhs
ESOP: 5 lakhs to be paid over 3 years
Performance bonus: separate/not reported CTC: 17.5 lakhs
Take-home salary: 65-70k
- Goldman Sachs:
Fixed component + Variable component: 14.5 lakhs
Relocation: 2,00,000 INR (one-time payment)
Supplemental Salary: 3,50,000 INR (supplemental salary is an accrued bonus paid out in monthly installments pro-rated from the date of joining, only applicable during the first year of joining)
CTC: 20 lakhs
Take-home salary: 95-98k
- RBS India Development Center (Royal Bank of Scotland back-end):
Fixed component: 9 lakhs
Variable component: 10-20% of a fixed component
CTC: 10.8 lakhs
Take-home salary: 65-68k
As seen from the examples, despite Amazon having a CTC that is double that of RBS IDC, their take-home salary is the same. This is the typical way it works. The placement teams likely do not have much control over the process.
How is SPJIMR's placement report better than IIMs including IIM Calcutta and as good as IIM Ahmedabad (both Average and Median)?
Here are a few possible reasons why SPJIMR placements are better than or equally good as IIMs
- SPJIMR has a much smaller batch size in comparison to IIMs and thus the average rises.
- SPJIMR has a very rigorous selection process that filters the best students and the recruiters are well aware of this.
- SPJIMR enjoys a great location maximizing the exposure and opportunities rendered to the students.
- The students perform exceptionally well in the placement interviews and thus secure high packages.
It's important to note that these reasons are just based on speculations and it cannot be exactly determined why some placements are better than others.
How do I get a package of 30 lakhs in the field of marketing, post MBA from IIMA/B/C, FMS, MDI, SPJIMR, and IIFT?
While many may shed their philosophies on how getting a high package should not be your ultimate goal and stuff, I am here with a different opinion. When you are investing a huge amount of money it is only right to expect a greater monetary benefit and a better lifestyle. So I have mentioned some techniques that will help you land a package of 30 LPA specifically in the field of marketing post-MBA from IIM ABC, FMS, MDI, SPJIMR, and IIFT.
- The first thing you need to do is lower your expectations as no marketing placements offer a package higher than 25 LPA. These highest offers are made by top firms like Reckitt Benckiser, HUL, P&G, and Asian Paints.
- You need to figure out what you really are after, a good marketing role or a high-paying job. If you are after the latter I suggest you go for big consulting firms like Mc Kinsey, BCG, or investment banks that offer 30+ LPA.
- But if it is the marketing role you are after, then make sure your resume reflects your marketing enthusiasm. This will further increase your chances of selection.
- Performing well in the competitions conducted by your desired company is another way to get a high-paying job.
- If the Final Placements are your last resort then make sure you have a stable and excellent CGPA. Many companies consider this factor while shortlisting.
These points will help you get your dream job but cannot necessarily guarantee it. It all ultimately depends on your efforts and obviously your luck.
Is attending IIM-Ahmedabad worth rejecting a five-digit monthly salaried job in a tech company?
Continue working if you enjoy your job and see it developing your ambitions and you as a person. Make a plan to work for a few years, switch jobs/profiles a few times to gain more diverse experience, and then get an MBA from a more internationally renowned business school in the US/Europe. If you were able to get into IIM-A now, chances are you will be able to do so again while you are still young.
Join IIM-Ahmedabad if you don't yet have clear life ambitions/roadmaps and don't see much value in your job beyond its salary value. As you get older, you will lose direction and enthusiasm in a soulless job.
You will then be too old for IIMs but not competitive enough for schools in the United States or Europe, or even ISB or IIMA PGPX. So it's better to get that degree now rather than later.
IIM Ahmedabad Alumni Distribution by Sector
Frequently Visited Companies
| Companies | |||
|---|---|---|---|
| Aditya Birla Group | Amazon | Bain & Company India Private Limited | Credit Suisse Business Analytics |
| Zynga | Accenture | Barclays Bank | Deutsche Bank |
| Goldman Sachs | ITC | JP Morgan | Microsoft |
| Morgan Stanley | UBS | Citi Bank | Hindustan Unilever Limited |
| Pepsico Holdings (I) Pvt. Ltd. | KPMG | Nestle India | Tata |
| Edelweiss | Nokia | Oliver Wyman | PWC |
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Comments
4 Comments
The highest domestic package stood at INR 1.08 CPA, while the highest international package reached $212,347.
As per last year’s stats, around 87% students got placed in the batch as there are students who go for start-ups or higher management and don’t sit for placements.
IIM Ahmedabad has recorded 1.15 crore per year package. The average package stood at 34.36 lacs per year. The placement percentage of IIM Ahmedabad is 87%. Emaar, A 91 Partners, BCG, PwC, KPMG and HSBC are the major recruiters of IIM Ahmedabad.
PGP and PGP FABM are the flagship courses of IIM Ahmedabad which have an overall 100% placement percentage. Students of these courses secured placements across 30 different cohorts. There were 23 new companies which participated in the PGP placements. The major recruiters of PGP FABM are from various sectos like Agri inputs, Agri Tech, Consulting and FMCG.