IIM Ahmedabad placements 2018: International salary falls; domestic package rises

IIM Ahmedabad's audited placement report of 2018 reveals fall in international salary and rise in domestic packages for the second consecutive year.

In the recently released audited report of IIM Ahmedabad’s 2018 PGP batch placement process by the Indian Placement Reporting Standard, it has been noticed that the premier management institute has seen a fall in highest international salary offer as compared to 2017. However, the highest domestic offer this year was reported to be much higher than 2017.

This year, the highest domestic salary offered was Rs 72 lakh per annum, Rs 19 lakh more than the highest domestic salary of Rs 53 lakh per annum in 2017. The domestic front has seen a steady rise in offers since 2016.

Unfortunately, on the international hiring front the institute faced major disappointment. The Highest international salary offered in 2018 fell to Rs 66 lakh per annum, a drop of Rs 12 lakh. In 2017, the highest international salary offered was reported Rs 82 lakh, a massive dip from previous years. This fall is being attributed to depreciating value of Indian Rupee as against US Dollar.

The Median salary offer for IIM Ahmedabad graduates has not seen any significant rise from last year. This year the median domestic salary offer was recorded at Rs 23 lakh per annum which is only Rs 1 lakh increase from last year.

Salary offer comparison:

CTC	2018	2017
Highest Domestic CTC offered	Rs 72 lakh per annum	Rs 53 lakh per annum
Highest International CTC offered	Rs 66 lakh per annum	Rs 82 lakh per annum
Median Domestic CTC offered	Rs 22 lakh per annum	Rs 23 lakh per annum

Although General Management dominated the proceedings in the IIM Ahmedabad placement process 2018, consulting firms continued to hire in large numbers (119 offers function-wise) like previous years. Accenture Strategy with 18 offers (including pre-placement offers) was the top hirer, closely followed by Amazon and The Boston Consulting Group with 14 offers each. A. T. Kearney, Bain & Co., Goldman Sachs, JP Morgan, McKinsey & Company, Monitor Deloitte, Oliver Wyman were the other regular recruiters.

Consulting was followed by Finance and General Management, 52 offers each. Sector wise classification also showed consulting on top with a total of 124 offers. On the second spot was Banking, Financial Services & Insurance (BFSI) with 58 offers.

Highlights 2018:

Total number of students placed	388
Total number of students who opted out of the placement process	10
Top recruiting sector	Consulting (124)
Top recruiting company	Accenture Strategy (18 offers)
Total number of firms participated	125
Total number of offers made	150
First time recruiters	KPMG, Grofers, Walmart, Basix, ITC Agri
Offers accepted (International Locations)	Hong Kong, Malaysia, Nigeria, UAE, Germany, Vietnam, Singapore

Also read:

MBA Placements 2018: Placement Report of Top B-Schools in India	Average salary package of non-IIM graduates in India: NIRF-MHRD Rankings
International salary packages offered at top Indian B-schools	Lowest packages offered at IIMs and other B-Schools
Know the ROI of your MBA degree	Top Management Institutes in India: NIRF