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IIM Ahmedabad MBA PGPX Placement Report 2024

University

Avantika Bhardwaj

Updated on 17th September, 2024 , 2 min read

The IIM Ahmedabad PGPX Placement successfully concluded in June 2024. As per the placement record of IIMA, most of the batch got placed in the 4-day placement drive.  

IIM Ahmedabad PGPX Placement 2024 - Highlights

  • A total of 105 companies visited the IIMA campus this year.
  • More than 150 offers were made.
  • There were 67 companies which were the new recruiters of IIM Ahmedabad PGPX program.
  • Accenture, Persistent Systems, Adani Group, RPC Group, and Eli Lilly made the highest number of offers.
  • Out of 147 graduation students, 126 students got on campus placement. 
  • Only 5 students remained uplaced. 
  • The highest domestic CTC of IIM Ahmedabad was INR 54.80 lakh. The mean and median CTC was INR 36.41 lakh and INR 35 lakh respectively.
  • The highest domestic package has dropped drastically. It was INR 1 Crore+ for the 2023 placement batch.
  • The mean and median CTC has however improved implying that the overall placements for the PGPX batch have been the excellent ones. 
  • There were 2 international offers made. These offers were for Frankfurt, Germany. The international placement package was USD 1.26 lakh. The offer was made in the IT Solutions sector for Marketing and Sales. 
  • The highest number of offers is seen in Consulting (36).
  • Location-wise, the highest offers were saturated at Bengaluru (45). 

IIM Ahmedabad PGPX Sector wise Offers 2024

Sector

Offers

Automotive

4

BFSI

13

Consulting

26

Energy

7

FMCG

4

IT Consulting

16

IT Software

8

IT Solutions

14

Manufacturing

6

Pharma/Health

12

Telecom

4

Others

7

IIM-Ahmedabad PGPX Function Wise Offers 2024

Function

Offers

Consulting

36

Finance

6

General Management

14

HR

3

Marketing / Sales

14

Operations

9

Analytics

5

Product/Category Management

16

Strategy

11

Systems/IT

7

Placements Statistics Under Different Salary Heads

Salary Head

Min

Max

Median

Mean

Fixed Yearly Cash Component

19,18,700

40,94,000

29,85,171

29,63,576

One-time Cash Payment

1,00,000

12,50,000

3,00,000

3,51,326

Total Guaranteed Cash Component

19,18,700

46,53,489

30,00,000

31,79,196

Maximum Earning Potential

21,46,419

54,80,000

35,00,000

36,41,906

Maximum Earning Potential

  • The maximum earning potential is the sum of the total guaranteed cash components, maximum performance linked variable pay, and all the other components of salary that are part of the offer. This can also include ESOPs, PF, relocation allowances, and other perks. 

Fixed Yearly Cash Component

  • It is the total of the annual basic salary and additional guaranteed cash components.

One-time Cash Payment

  • As the name suggests, it’s the remuneration given to a candidate as a one time cash benefit. It is usually processed at the time of joining.

Total Guaranteed Cash Component

  • It is the sum of fixed yearly cash components and one time cash payment. 

 Function Wise Lowest Highest and Median Salary at IIM-Ahmedabad PGPX 2024

Function

Min

Max

Median

Consulting

21,50,000

54,80,000

35,00,000

Finance

25,75,218

44,80,000

33,00,000

General Management

24,99,999

44,81,000

34,28,262

HR

50,88,170

50,88,170

50,88,170

Marketing / Sales

24,74,000

54,00,000

36,00,000

Operations

29,85,171

54,00,000

37,00,000

Analytics

32,00,000

34,00,000

32,00,000

Product/Category Management

21,46,419

47,20,000

37,00,000

Strategy

24,41,000

50,88,170

33,00,000

Systems/IT

25,00,000

50,88,170

31,00,000

 

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