All 394 MBA students placed during IIM Ahmedabad PGP Summer Placements 2024 despite uncertain market conditions, with rising participation from new and diverse recruiters.
IIM Ahmedabad PGP Summer Placement 2025 concludes with all 394 MBA students placed
IIM Ahmedabad MBA Placement 2024: The Indian Institute of Management Ahmedabad (IIM Ahmedabad) has successfully completed the summer placements for the MBA class of 2026, part of the institute's prestigious Postgraduate Programme (PGP) in Management. Despite the uncertain market conditions, the institute saw a significant rise in the number of recruiters participating in the summer placement process, with all 394 students placed across more than 25 cohorts.
IIM Ahmedabad Summer Placements 2024: Cluster-wise Breakdown
The summer placements were conducted in three clusters. Recruiters were grouped according to the sectors they operate in, and students had the flexibility to apply to their "dream" companies, a feature that was further enhanced this year to align with IIM Ahmedabad’s philosophy of ensuring a perfect “student-recruiter fit.”
IIM-A PGP Summer Placements 2024 Cluster 1:
A total of 210 students were placed, with major roles offered in transformation, operations, management consulting, and investment banking. Top recruiters in this cluster included Accenture Strategy, Boston Consulting Group, McKinsey & Company, and Goldman Sachs.
IIM-A PGP Summer Placements 2024 Cluster 2:
In this cluster, 100 students secured placements, with Amazon, Mahindra, and Hindustan Unilever Limited among the top recruiters. The cohort also saw strong participation from Aditya Birla Group, Sun Pharmaceuticals, and Tata Administrative Services (TAS).
IIM-A PGP Summer Placements 2024 Cluster 3:
With 84 students placed, this cluster had strong offers from Tata Consultancy Services (TCS), Adobe, and Microsoft, particularly in consulting and technology-related roles.
- Other Internships:
Eight students secured off-campus placements through IIM Ahmedabad’s IIMAvericks initiative.
Rising Recruiter Participation: New Firms and Diverse Roles
IIM Ahmedabad’s summer placements saw participation from 159 firms, with 125 making offers for 147 roles across the three clusters. The number of new recruiters increased significantly this year, with 51 new firms joining the placement process, up from just 12 last year. Among the new recruiters were high-profile firms such as BNP Paribas, Deutsche Bank, EY Parthenon, HSBC, and Simon Kucher.
The diversity of recruiters spanned across sectors, including leading names in banking, consulting, technology, pharmaceuticals, and retail, further demonstrating the increasing attractiveness of IIM Ahmedabad’s talent pool.
IIM Ahmedabad PGP Summer Placements 2024: Top Recruiters in Each Sector
Q: Who were the top recruiters during IIM Ahmedabad PGP placements 2022?
A total of 190 companies visited the campus and offered around 220 job roles during IIM Ahmedabad PGP placements 2022. Companies such as Accenture, BCG and Bain & Co visited the campus in the Consulting domain whereas in the Investment Banking and Market domain, companies such as ARGA Investment, Avendus and Sanford C Bernstein visited the campus during IIM A PGP placements 2022. Further, from the FMCG, Conglomerate and BFSI domains, companies such as ITC, Adani Group and American Express visited the campus. Boston Consulting Group and Bain & Company made 44 and 37 offers in the Consulting domain during IIM Ahmedabad PGP placements 2022.
Q: What is the effectiveness of the placement cell for Executive MBA/PGDM programs at IIM Ahmedabad?
Effectiveness of Placement Cell for Executive MBA/PGDM Programs at IIM Ahmedabad
* Strong Placement Record: According to student reviews, almost 100% of students got placed in the college, with a the highest salary package offer of 70 LPA and an average salary package offer of 50 LPA.
* Top Recruiting Companies: Top companies visiting the campus include Boston Consultancy, Tata Consultancy Services, Axis Bank, Larson and Torbro, Amazon, and Sunsilk, among others.
* Variety of Roles Offered: Students were offered roles ranging from CFO to Marketing Manager, indicating a diverse range of opportunities available.
* Useful Placement Cell: The placement cell, formed by students and recognised by the institute, was found to be "very useful" by students, suggesting its effective role in facilitating placements.
Note: These points summarize the key takeaways regarding the placement cell's effectiveness for Executive MBA/PGDM programs at IIM Ahmedabad, based on the provided student reviews.
Q: Which sector receives the highest package during IIM Ahmedabad PGP placements?
BFSI sector received the highest package of INR 1.46 crore per annum during IIM Ahmedabad PGP placements 2023. The sector-wise highest, average and median package offered during IIM Ahmedabad PGP placements 2023 is presented below:
Sectors |
PGP Highest Package (2023) |
PGP Average Package (2023) |
PGP Median Package (2023) |
|---|---|---|---|
Automobile |
INR 30.24 LPA |
INR 30.24 LPA |
INR 30.24 LPA |
BFSI |
INR 1.46 crore per annum |
INR 41.33 LPA |
INR 35.05 LPA |
Conglomerates |
INR 30 LPA |
INR 25.53 LPA |
INR 25 LPA |
Consulting |
INR 56 LPA |
INR 34.55 LPA |
INR 34.50 LPA |
Consumer Services |
INR 26 LPA |
INR 26 LPA |
INR 26 LPA |
Education Technology |
INR 32.15 LPA |
INR 32.15 LPA |
INR 32.15 LPA |
Engineering Technology |
INR 28.32 LPA |
INR 28.32 LPA |
INR 28.32 LPA |
FMCG |
INR 33.39 LPA |
INR 29.43 LPA |
INR 29.39 LPA |
IT |
INR 42.48 LPA |
INR 31.87 LPA |
INR 32 LPA |
IT Analytics |
INR 28.22 LPA |
INR 25.80 LPA |
INR 25 LPA |
IT Consulting |
INR 28 LPA |
INR 28 LPA |
INR 28 LPA |
IT Software |
INR 42.15 LPA |
INR 35.94 LPA |
INR 37.43 LPA |
IT Solutions |
INR 34.79 LPA |
INR 32.31 LPA |
INR 34.74 LPA |
Logistics |
INR 28.80 LPA |
INR 28.80 LPA |
INR 28.80 LPA |
Manufacturing |
INR 66 LPA |
INR 45.60 LPA |
INR 45.60 LPA |
Media / Communications |
INR 27 LPA |
INR 26 LPA |
INR 26 LPA |
Mining |
INR 32.17 LPA |
INR 32.17 LPA |
INR 32.17 LPA |
Online Services |
INR 29.01 LPA |
INR 29.01 LPA |
INR 29.01 LPA |
Artificial Intelligence |
INR 32.40 LPA |
INR 32.40 LPA |
INR 32.40 LPA |
Wellness & Fitness Services |
INR 25.70 LPA |
INR 25.70 LPA |
INR 25.70 LPA |
Energy |
INR 26.50 LPA |
INR 26.50 LPA |
INR 26.50 LPA |
Pharmaceutical |
INR 31.20 LPA |
INR 27.04 LPA |
INR 28 LPA |
Real Estate |
INR 31.20 LPA |
INR 31.20 LPA |
INR 31.20 LPA |
Retail B2B & B2C |
INR 29.35 LPA |
INR 29.35 LPA |
INR 29.35 LPA |
Telecommunication |
INR 30 LPA |
INR 30 LPA |
INR 30 LPA |
Note: The mean package is considered as the average package in the above-mentioned table. Further, the Maximum Earning Potential is considered for the salary packages shown above.
The summer placements saw several top-tier firms actively recruiting across various sectors. Notable sector-wise details include:
- Consulting:
Boston Consulting Group emerged as the largest recruiter in the management consulting sector with 22 offers, followed by McKinsey & Company and Bain & Company.
In transformation and operations consulting, Accenture Strategy led with 6 offers, and Accenture Strategy Global Network made 33 offers.
- Investment Banking and Markets:
Goldman Sachs and HSBC were the leading recruiters in this sector, with Goldman Sachs making 11 offers and HSBC (India and Hong Kong) offering 6.
- Conglomerates and FMCG:
Companies such as Mahindra, Hindustan Unilever, and Aditya Birla Group made strong showings in the recruitment drive.
- Technology:
Companies like Microsoft, Adobe, and Tata Consultancy Services (TCS) were top recruiters in the IT and technology sectors.
Sector-wise Placement Summary
The placements saw students being placed across a wide range of sectors, with the highest number of placements in consulting, banking, financial services, and insurance (BFSI). Here's a detailed breakdown of sector-wise placements:
- Consulting: 150 students (38%)
- Banking, Financial Services & Insurance (BFSI): 87 students (22%)
- Consumer Goods (FMCG) & Durables: 43 students (11%)
- Conglomerates: 28 students (7%)
- Retail & Logistics: 10 students (3%)
- Pharmaceutical & Healthcare: 14 students (4%)
- Others (including Technology, Manufacturing, etc.): 66 students (17%)
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