IIMA Report Urges AI Upskilling Amid High Workforce Readiness for AI-Driven Change

IIMA Report Urges AI Upskilling Amid High Workforce Readiness for AI-Driven Change

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ABHAY
ABHAY ANAND
Manager Editorial
New Delhi, Updated on Aug 23, 2024 20:53 IST

Key findings indicate that 55% of surveyed employees have already used AI tools at their workplaces, and 72% believe that AI enhances their work performance.

The Brij Disa Centre for Data Science and Artificial Intelligence (CDSA) at the Indian Institute of Management Ahmedabad (IIMA), in collaboration with the Wadhwani Foundation, has released a comprehensive report detailing the impact of Artificial Intelligence (AI) on India’s white-collar workforce.

The report, titled “Labour-force Perception about AI - A Study on Indian White-collar Workers,” reveals a growing readiness among employees to embrace AI-driven transformations while also highlighting a critical gap in AI education and upskilling.

Key findings indicate that 55% of surveyed employees have already used AI tools at their workplaces, and 72% believe that AI enhances their work performance. However, the report also underscores the urgency of addressing the gap in AI education, particularly among recent graduates and entry-level workers, to ensure they are equipped for the AI era.

Professor Bharat Bhasker, Director of IIMA, emphasized the importance of this transition, stating, “The AI age is upon us, and its influence is growing significantly within the workforce and across various industries. This report provides critical insights into the growing awareness and adoption of AI by employees and businesses for long-term success.”

The report is among the earliest studies on AI’s impact on India’s workforce and offers valuable insights for policymakers, business leaders, and academia to inform strategic planning and workforce development initiatives. The findings are based on interviews with 31 business executives, a survey of over 550 white-collar employees, and an analysis of more than 70,000 job vacancies in India.

The report was co-authored by a team of experts from IIMA, including Professor Anindya Chakrabarti, who noted, “AI is a strategic imperative for India, critical for maintaining and enhancing its economic competitiveness. The high adoption rate of AI tools by the white-collar workforce is a pivotal moment in India’s pursuit of AI advancement.”

This report calls for national-level AI-centric coordination to foster collaboration among academia, industry, and government, ensuring a balanced approach to productivity growth and economic development.

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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:   Where are IIM Ahmedabad alumni placed?

A:

According to data gathered from unofficial sources, Business Development domain has placed the most number of IIM Ahmedabad students. The domain-wise IIM Ahmedabad alumni placement statistics are presented below:

Note: The “Others” category includes the domains of Marketing, Consulting, Information Technology, Education, Engineering, Product Management, Human Resources, Entrepreneurship, Customer Success and Support, Community and Social Services and Media and Communication.

The above-mentioned alumni data is gathered from unofficial sources and hence may vary.

Q:   Which is the top recruiting function during IIM Ahmedabad PGP placements?

A:

Consulting function emerged as the top recruiting function wherein most number of offers were accepted during IIM Ahmedabad PGP placements 2023. The function-wise number of offers accepted during IIM Ahmedabad PGP placements 2023 is presented below:

Functions  

PGP Offers Received (2023)

Consulting

208 (2 international offers)

Finance

49 (4 international offers)

Product / Category Management

47

General Management

39

Marketing / Sales

27 (2 international offers)

Strategy

6

Operations

4 (1 international offer)

Project Management

3

Data Analytics

1

Growth – Online Sales

1

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About the Author
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ABHAY ANAND
Manager Editorial

Abhay an alumnus of IIMC and Delhi University, has over a decade long experience of reporting on various beats of journalism. During his free time he prefers listening to music or play indoor and outdoor games.

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