IIM Ahmedabad One Year MBA (PGPX) Placement 2021: Records High Average Salary at Rs.32.45 LPA; Google, Microsoft, Amazon, L&T Hire Big

X

Register for CAT 2021 & MBA Admissions Updates

close

MBA/PGDM ADMISSION 2022 ALERT 
Check Admission Status of Top B-schools & Apply Now

B-school  Application Status Last Date
Great Lakes Chennai Open | Apply Now December 05
IMI New Delhi Open | Apply Now December 13
MICA Ahmedabad Open | Apply Now January 16
TAPMI Manipal Open | Apply Now December 11
GIM Goa Open | Apply Now December 06
LBSIM Delhi Open | Apply Now Closing soon
SDA Bocconi Asia Center Open | Apply Now Closing soon
K J Somaiya Mumbai Open | Apply Now Closing soon
MBAUniverse.com News Desk |
September 28, 2021
IIM Ahmedabad one year MBA (PGPX) Placement 2021 has concluded with a high average salary of Rs. 32.45 LPA and Highest salary of Rs.82 LPA despite the pandemic situation. The Placement process was conducted virtually and 120 marquee recruiters offered diverse roles to the PGPX graduates ranging from CEOs to HoDs. The IPRS audited report for IIM Ahmedabad PGPX Placement 2021 reveals that no international offer was made this year
IIM Ahmedabad PGPX Placements 2021

IIM Ahmedabad has completed one year MBA placement 2021 for its 15th batch of PGPX students with high salary packages and diverse top roles offered by the recruiters. The audited placement report 2021 released on September 27, 2021, following IPRS standard audit,  reflects high compensation packages to the students of its PGPX programme despite the Covid pandemic and economic slow down.

The final placement process for the One Year Full Time Post Graduate Programme in Management for Executives (PGPX) 2021 batch at IIM Ahmedabad was conducted virtually and got completed at the end of July. However, like every year, before release of salary data, the final placement report had to be audited by an external agency and the audited report was finalized on September 27, 2021. Despite the pandemic, as many as 137 students from the 15th batch of PGPX have found excellent career opportunities. Out of 137 students, 119 were facilitated through the placement system, 17 received offers on their own and 1 took up entrepreneurship.

Prof. Ankur Sinha, Chairperson of the Placement Committee said, “We had record placements for our PGPX Batch of 2021 in the history of 15 years of the programme. The outcome of the placement process clearly demonstrates the strength of the programme and the value that recruiters see in hiring our students for their talent needs at mid to senior level positions.”

A total of 120 firms participated in the IIM Ahmedabad PGPX placement process which was held virtually. The PGPX graduates were offered diverse roles ranging from CEOs to Heads of Department. The PGPX placements started from December 2020 on a rolling basis and continued till July 2021.

IIM Ahmedabad PGPX Placements 2021: Highlights

  • Placement 2021 was conducted Virtually
  • Highest Domestic Salary Up at Rs.82 LPA in Placement 2021 from Rs.81 LPA last year
  • Average Domestic salary stood at Rs.32,44,547
  • Median Salary was Rs.30 LPA
  • Batch Size: 140
  • Students eligible for Placement: 140
  • Students who participated in Placement: 119
  • Students who accepted placement offers: 119
  • 17 Students got placement on their own
  • 1 student marching on Entrepreneurship
  • 3 students did not seek placement
  • Total Recruiters: 120
  • Top Recruiting Sector: Information Technology with 37% Recruitment
  • Top Recruiters include Google, Microsoft, Amazon, MIT Group, Indigene, Mastercard, SAP India, L&T, FinIQ, KEC, Genpact, Axis Bank, Flipkart, ICICI Bank, Virtusa, Citibank among others​

No International Placement, But Domestic Salary Exceeds Last Offered International Salary
Although, there are no international offers in PGPX placement 2021, the PGPX Domestic Salary exceeds the International Salary that was offered earlier. The audited report 2021 for IIM Ahmedabad PGPX Placement reveals that the highest domestic salary of Rs.82 LPA in Placement 2021 is higher than the international salary of US$ 109,666 (Eqv Rs.76.76 lakhs)  which was offered earlier

Middle and Senior level Roles Offered
For a diverse and accomplished participant PGPX 2021 group, recruiters selected the candidates for their middle and senior management positions. In the 2021 placement process, students were offered positions curb as CO-CEO, Product Head, Vice President, Director, Associate Vice-President, National Head, General Manager, Senior Advisor to CEO, Young Leadership Programs, Principal Consultant, Senior Manager, Product Manager, Client Partner, Operations Manager among others

Top Recruiters
Top Recruiters for IIM Ahmedabad PGPX 2021 batch included global giants such as Google, Microsoft, Amazon, MIT Group, Indigene, OneFitPlus, Mastercard, SAP India, L&T Infotech who offered positions ranging from the CEO to Operations Managers. 

Other top recruiters who roped in talent from IIMA include FinIQ, RMSI, Avataar.me, KEC International, Genpact, Matter Motor Works, Axis Bank, NISG, Falkonry, Persistent System, Elastic Run, NEC, Avalara, FarEye, Decimal Technologies, Pravaig Dynamics, Searce, EPL Global, Xynteo, Merilytics Invest Punjab, Gujarat Gas, Flipkart, ICICI Bank, Vernacular.ai, Enerji Group, Virtusa, Rebel Foods, Publicis Sapient, Open Financial Technologies, Optum, Eugene.ai, Incture, KloudQ, Datawrkz, Citibank, Bridgei2i Analytics, Ekniti India, Arete Advisors, Agnikul Cosmos, Agarwal Fabtex, Aarti Industries, MIT Group among others.

Batch with 4 to 21 Years of Work Experience
The participants of the 15th batch of IIM Ahmedabad one year MBA (PGPX) are from varied backgrounds with experience ranging from 4 years to 21 years.

IIM Ahmedabad has always encouraged students to take up entrepreneurship as a career, and this year also one student is taking up entrepreneurship.

IIM-A PGPX Funactional Placement 2021
Below are shared the details of various functions in which 119 students of PGPX 2021 batch of IIM Ahmedabad have been placed

Function
No. of students placed
Consulting
   9
Finance
   9
General Management
 34
Human Resources
   1
Marketing / Sales
 11
Operations/Supply Chain
 18
Strategy
   7
System / IT
 10
Business Development
   9
Others*
  11
Total
119

Sectoral Placements
Information Technology emerged as the largest recruiting sector this year, followed by Healthcare, BFSI and Consulting sectors. The key sectors in which the IIM Ahmedabad PGPX students are placed in 2021 include:

Sector
No. of Students Placed
BSFI
14
Conglomerate
  4
Consulting
12
Consumer goods (FMCG)
  1
Engineering/Technology
  7
Environment & Energy
  3
Information Technology (IT)
44
Logistics
  2
Manufacturing
  6
E-Commerce
  5
Pharmaceutical / Healthcare
 15
Automotive
   5
Others
   1
Total
119

On the successful completion of PGPX placements 2021, Saurabh Agrawal, PGPX Recruitment Secretary at IIM Ahmedabad said, “We have seen an increased interest from some of the well-established start-ups hiring from this programme for the senior management roles and it was well complimented by the traditional recruiters from IT, Consulting, Pharma & Conglomerates. The experienced and diverse cohort of the programme assures a greater alignment between the organizational needs and candidate’s aspirations.”

The Post Graduate Programme in Management for Executives (MBA-PGPX) at IIM Ahmedabad is one of the leading one-year, full-time, residential MBA programmes. It is carefully designed by the Indian Institute of Management Ahmedabad for bright, enthusiastic, and aspirational executives with substantial professional experience. Each year, the PGPX programme participants are hand-picked by the faculty of IIM Ahmedabad to ensure a rich, meticulous, and well-balanced in-class learning experience for all participants.

For the past seven years including 2021, with ‘Get-Ready-for-Top-Management' focus the PGPX programme is consistently ranked among top-5 in the world on Financial Times Career Progression category. The 'Indian Ranking 2021', prepared by MHRD's National Institutional Ranking Framework (NIRF), rated IIM Ahmedabad as the 'Best Management Institute ' in India.

IIM Ahmedabad follows IPRS Standards of Audited Report in Placements. The IIM Ahmedabad PGPX Placement Report 2021 has been audited by the Brickworks Analytics. Indian Placement Reporting Standards (IPRS) is an effort towards standardizing B-school placement reports. This initiative taken by IIM Ahmedabad has resulted in designing a comprehensive Placement Reporting Standard. The standards designed not only assure the privacy of the individual level data or information but also specify the format for reporting aggregate statistics which would satisfy the information needs of the different stakeholders.

The Indian Institute of Management Ahmedabad (IIMA) is a premier, global management Institute that is at the forefront of promoting excellence in the field of management education. IIMA was founded as an innovative initiative by the Government, industry and international academia in 1961. Over the 60 years of its existence, it has been acknowledged for its exemplary contributions to scholarship, practice and policy through its distinctive teaching, high-quality research, nurturing future leaders, supporting industry, government, social enterprise and creating a progressive impact on society. IIM Ahmedabad has a global network with over 80 top international institutions and a presence in Dubai. Its eminent faculty members and close to 40,000 alumni, who are at the helm of influential positions in all walks of life also contribute to its global recognition.

IIM Ahmedabad became the first Indian institution to receive international accreditation from EQUIS. The renowned flagship two-year Post Graduate Programme in Management (PGP) is ranked 20th in the FT Master in Management Ranking 2020 and the one-year Post Graduate Programme in Management for Executives (PGPX) has been ranked 48th in the FT Global MBA rankings 2021. The institute also is placed first in the Government of India’s National Institutional Ranking Framework(NIRF), India Rankings 2021. IIMA offers consultancy services and more than 200 curated executive education programmes in customized, blended, and open enrolment formats for a diverse audience comprising of business leaders, policymakers, industry professionals, academicians, government officials, armed forces personnel, agri-business and other niche sector specialists and entrepreneurs.

Stay tuned to MBAUniverse.com for more updates on IIM Ahmedabad