IIM Ahmedabad: Placement 2015 audited; PGPX student gets above Rs.1.37 crore package; PGP packages also up

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MBAUniverse.com News Desk |
September 17, 2015
The placement report 2015 of IIM Ahmedabad released after audit from CRISIL has reflected higher domestic and international compensation packages
The audited report 2015 reveals that although the maximum international package for PGPX has gone up substantially from INR 1.17 Crore in 2014 to 1.37 Crores in 2015, the maximum international placement package for its flagship PGP programme has gone

The placement report 2015 of IIM Ahmedabad released after audit from CRISIL has reflected higher domestic and international compensation packages to the students of its PGPX and PGP programmes with highest international package at US$ 207581 (More than Rs.1.37 crore) grabbed by the student of Post Graduate Programme for Executives (PGPX).

The audited report 2015 reveals that although the maximum international package for PGPX has gone up substantially from INR 1.17 Crore in 2014 to 1.37 Crores in 2015, the maximum international placement package for its flagship PGP programme has gone down from INR 1.27 crore in 2014 to INR 73.4 lakhs in 2015.

The placement 2015 process at IIM Ahmedabad was completed in the month of March 2015 but the top rated B-school of the country does not publish its placement data till the same is duly audited by CRISIL under its Indian Placement Reporting Standards (IPRS). It takes about 6 months to get the placement report audited and then the placement statistics of IIM Ahmedabad is released in public domain.

377 PGP students graduated in 2015

Out of the PGP 2013-15 batch size of 377 students graduating at IIM Ahmedabad in 2015, 376 were found eligible for placement as 1 student was from university abroad. 15 students opted out of the placement 2015 process and 361 students participated in placement 2015 at IIM Ahmedabad.

PGP Domestic Placement 2015

351 students of PGP 2013-15 received and accepted domestic placement offers at high packages in placement 2015 at IIM Ahmedabad.

The maximum as well as the mean domestic placement 2015 packages at IIM Ahmedabad have gone up. IIM Ahmedabad PGP student got highest package of Rs. 53 lakhs in 2015 as compared to Rs 41 lakhs in 2014 marking an increase of 30%.

The median package for PGP placement 2015 was Rs. 19.70 lakhs and the average salary package for the batch stood at Rs. 20.48 lakhs in 2015 rising from Rs.18.81 lakhs in 2014.

PGP International Placement 2015

10 students of flagship Post Graduate Programme (PGP) 2013-15 at IIM Ahmedabad got international placements in 2015.

The highest international placement 2015 package for PGP students at IIM Ahmedabad has gone down from US$192581 (INR1.27 cr) in 2014 to US$110284 (INR 73.40 lakhs). The median international placement 2015 package stood at US$73250 while average package remained at US$79738 in placement 2015. 

PGPX placement 2015

Out of the batch of 85 students in PGPX at IIM Ahmedabad, 67 students sought placement through the institute. While 53 students got domestic placement, 3 got international placement with high packages and 11 preferred to explore entrepreneurship opportunities. 

PGPX Domestic placement

The average domestic placement package for PGPX students has gone up in 2015 at IIM Ahmedabad. The average package for PGPX in 2015 is Rs. 28.76 lakhs rising from Rs.26.74 lakhs in 2014.

PGPX International Placement

Apart from the higher international placement package of more than 1.37 crores, the PGPX students got higher average international packages in international placement 2015. The average package has gone up from US$144,040 (Rs 95+ lakhs) in 2014 to US$147,119 (Rs 97+ lakhs) in 2015.

Top recruiters at IIM Ahmedabad

115 recruiters participated in placement 2015 at IIM Ahmedabad in 3 clusters making more offers.

Accensure Strategy was the top recruiter in placement 2015 at IIM Ahmedabad as it selected 21 students from the campus. Amazon extended 13 offers and McKinsey & Company, Boston Consulting Group, Yes Bank and Samsung extended 10 offers each. Bain & Company and Bharti Airtel made 9 offers each followed by Aditya Birla Group and Future group with 8 offers each.

Hindustan Unilever and Star TV India made 6 offers each followed by Goldman Sachs with 5 offers.

PGPX students were offered middle to senior management positions such as Associate Vice President, Associate Director, General manager, Programme Manager and senior Manager.

The placement process 2015 at IIM Ahmedabad was completed in 3 clusters beginning in February and getting over on March 1, 2015. Placement 2015 according to IIM Ahmedabad, with the concept of ‘dream application’ allowed students to choose the sectors and functions of their choice for their final placement.

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