IIM Ahmedabad PGPx Placements 2024: 121 Students get job offers

IIM Ahmedabad PGPx Placements 2024: 121 Students get job offers

2 mins readComment FOLLOW US
Anum
Anum Ansari
Assistant Manager – Content
New Delhi, Updated on Sep 3, 2024 09:08 IST

This year’s placement saw active participation from 105 companies, marking a significant milestone for the program. A total of 121 students from the IIMA PGPX 2024 batch received and accepted job offers, highlighting the program's strong industry reputation.

IIM Ahmedabad PGPx Placements 2024

IIM Ahmedabad Placements 2024: The Indian Institute of Management Ahmedabad (IIMA) has successfully concluded the final placement process for its one-year MBA program (PGPX) at the end of June 2024. This year’s placement saw active participation from 105 companies, marking a significant milestone for the program. A total of 121 students from the IIMA PGPX 2024 batch received and accepted job offers, highlighting the program's strong industry reputation.

New Recruiters and High Demand

A notable aspect of this year’s placement process was the involvement of 67 new organizations that participated for the first time. This influx of new recruiters underscores the growing popularity and robust reputation of the PGPX program. Despite economic challenges, the placement statistics reflect the consistent confidence of the industry in IIMA’s program.

Student Choices and Placement Insights

Out of the 147 eligible students, 21 opted out of the placement process. The reasons included 7 students being company-sponsored or already employed, 3 pursuing entrepreneurship, 2 joining or returning to a family business, and 9 seeking opportunities outside the campus placement process.

Viswanath Pingali, Chairperson of the IIMA Placement Committee, commented, “The rigorous academic curriculum, innovative pedagogy, and cutting-edge coursework play a significant role in making IIMA’s One Year MBA (PGPX) a highly sought-after program among experienced professionals and recruiters alike. This year’s exceptional performance, despite challenging economic conditions, demonstrates the industry’s ongoing trust in our program.”

Leadership Roles and Sector-wise Recruitment

IIMA PGPX graduates were highly sought after for leadership and senior management roles both in India and internationally. Positions offered included Chief Product Officer, Vice President, Associate Director, and Program Head, among others. The largest share of placements came from consulting firms, accounting for 35% of the offers. Other notable sectors included Information Technology (IT) Services, BFSI (Banking, Financial Services, and Insurance), and healthcare, with recruitment shares of 18%, 11%, and 10%, respectively.

Sector-wise Placement Breakdown

Here is a detailed look at the sector-wise distribution of placements for the PGPX 2024 batch:

Q:   How are IIM Ahmedabad PGPX placements?

A:

A total of 2 international offers were made and 105 companies visited the campus during IIM Ahmedabad PGPX placements 2024. The key highlights of IIM Ahmedabad PGPX placements 2024 as compared with 2023 and 2022 are presented below:

Particulars

PGPX Placement Statistics (2022)

PGPX Placement Statistics (2023)

PGPX Placement Statistics (2024)

Highest package

INR 75.2 LPA

INR 1.08 CPA

INR 54.8 LPA

Average package

INR 38.64 LPA

INR 35.68 LPA

INR 36.41 LPA

Median package

INR 36.25 LPA

INR 33.05 LPA

INR 35 LPA

Lowest package

INR 25.50 LPA

INR 18 LPA

INR 21.46 LPA

Offers made

172

178

150+

Offers accepted

119

128

121

Eligible students

136

140

147

Participating students

121

130

121

Students opted out

15

10

21

Students not placed

2

2

5

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.

Q:   What is the salary package offered during IIM Ahmedabad PGP FABM placements?

A:

The highest and average package offered during IIM Ahmedabad PGP FABM placements 2023 stood at INR 33.39 LPA and INR 20.11 LPA, respectively. The salary trends witnessed over the past three years during IIM Ahmedabad PGP FABM placements are presented below:

Particulars

PGP FABM Placement Statistics (2021)

PGP-FABM Placement Statistics (2022)

PGP FABM Placement Statistics (2023)

Highest package

INR 27.82 LPA

INR 33.83 LPA

INR 33.39 LPA 

Average package

INR 17.79 LPA

INR 21.49 LPA

INR 20.11 LPA 

Median package

INR 16.84 LPA

INR 20 LPA

INR 20 LPA 

Lowest package

INR 12 LPA

INR 12.85 LPA

INR 14.97 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.

Q:   How is IIM Ahmedabad MBA placement process conducted?

A:

IIM Ahmedabad PGP (MBA) placement process is conducted three clusters. Earlier, IIM Ahmedabad PGP placement process 2022 was conducted in two stages. The first stage was the lateral placement process where companies interviewed students with work experience and offered them mid-level managerial positions. In the second stage, PGP final placement process was conducted where companies were grouped into cohorts (domains such as Consulting, Finance, etc.) based on the profiles offered and these cohort group were invited to campus across three clusters for final placements.

- Automotive: 4 offers

- Banking, Financial Services and Insurance (BFSI): 13 offers

- Consulting: 26 offers

- Energy: 7 offers

- FMCG: 4 offers

- IT Consulting: 16 offers

- IT Software: 8 offers

- IT Solutions: 14 offers (including 2 international)

- Manufacturing: 6 offers

Utkarsh Shukla, Recruitment Secretary for IIMA PGPX 2024, noted, “The One Year MBA (PGPX) has consistently upheld its reputation as a premier program for producing managers at mid and senior levels. Despite the tough market conditions, our focused approach in aligning recruiter needs with candidate aspirations significantly improved the quality of roles offered. This year’s process has reinforced the strong market trust in the IIMA PGPX brand, sustained over the past 18 years, with our alumni continuing to make substantial impacts in their respective fields.”

Read More:

Follow Shiksha.com for latest education news in detail on Exam Results, Dates, Admit Cards, & Schedules, Colleges & Universities news related to Admissions & Courses, Board exams, Scholarships, Careers, Education Events, New education policies & Regulations.
To get in touch with Shiksha news team, please write to us at news@shiksha.com

About the Author
author-image
Anum Ansari
Assistant Manager – Content

"Writing is not about accurate grammar, it's about the honest thoughts you put in it". Having a versatile writing style, Anum loves to express her views and opinion on different topics such as education, entertainme... Read Full Bio

Next Story