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 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 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?
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?
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.”
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