IIM Ahmedabad Placement 2019 audited report released; average salary rises to 25.83 lakhs

The highest domestic salary grabbed by IIM-A PGP 2017-19 student is Rs 70 lakhs per annum in Placement 2019 while the highest international offer has gone up at Rs 83.51 lakhs per annum.

The much-awaited IPRS Standard Audited Placement 2019 Report of IIM-A has been released. According to the data, the average salary of the PGP 2017-19 batch has gone up at Rs 25.83 lakhs this year as against Rs 24.45 lakhs per annum last year while the highest domestic salary has come down to Rs 70 lakhs from Rs 72 lakhs per annum last year. The highest international offer has also increased to Rs 83.51 lakhs per annum as against Rs 66 lakhs last year.

IIM-A completed its final placement process for the PGP 2017-19 batch for all three clusters in three days on February 14, 2019, and released the placement statistics after IPRS Audit in the month of October. The first and second clusters of the IIM-Ahmedabad placement 2019 were held on February 8 and 11 respectively and the third and final cluster was held on February 14. The placements progressed leaps and bounds in all three clusters.

IIM Ahmedabad placement 2019 – Key highlights

• This year, the highest domestic package was Rs 70 lakhs
• The average domestic package increased to Rs 25.83 lakhs
• Highest International Package rose to 83.51 lakhs from Rs 66 lakh per annum last year
• The average international package increased to Rs 56.84 lakhs
• The difference between the highest and average salary narrowed
• A total of the number of PPOs offered was 157 and those accepted were 131
• The total number of students who participated in IIMA Placement in 2019 was 388
• Students who did not seek placement at IIMA was 10
• Total students who accepted placement offers was 388
• 2 out of 10 students embarked on Entrepreneurship Ventures
• 8 out of 10 students sought placement outside the campus
• Number of recruiters who visited the campus was 123
• Number of different job profiles offered were 184

Top Recruiters

Approximately 123 organisations participated in the placement process at IIMA in 2019 with 184 different job profiles. Firms that ended up making the most offers on-campus included Accenture, The Boston Consulting Group and PwC. Accenture made the largest number of offers at the end of the final placement process with 23 offers, followed by BCG with 17 and PwC with 14 offers.

Among global banks, JP Morgan and HSBC were the largest recruiters, having picked 5 and 4 students respectively.

In the sales and marketing domain, AB InBev extended 7 offers followed by HUL with 4 offers. With 7 offers, ABG was the largest recruiter in the General Management cohort. Microsoft extended 8 offers, the highest in the Enterprise Tech cohort. In BFSI, FinIQ extended the maximum number of 11 offers.

The Banking, Financial Services, and Insurance recruiters included firms like American Express, Bajaj Finserv, FinIQ, and HSBC. Sales and marketing roles were offered by regular recruiters like HUL, Nestle, P&G, Reckitt Benckiser, and Wipro Consumer Care among others. The General Management cohort saw participation from Aditya Bids Group, C.K. Bids, and Tata Administrative Services, etc. The Consumer Services cohort saw participation from firms like Etihad and IndiGo. The Enterprise Tech and Consumer Tech cohorts saw participation from firms like Magicpin, Microsoft and 0Y0, etc.

For more details on IIMA placement 2019, download the audited placement report by clicking here.

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