IIM Ahmedabad One Year MBA (PGPX) Placement 2022: Average Salary Up at Rs.38.64 LPA; BCG, Bain, PwC, Amazon, Google, Microsoft Hire Big

MBAUniverse.com News Desk |
July 25, 2022
IIM Ahmedabad one year MBA (PGPX) Placement 2022 has concluded with higher average salary of Rs.38.64 LPA than last year average of Rs. 32.45 LPA. This year Students also got International offers as against last year. 62 marquee recruiters offered diverse roles in Middle and Senior Management positions to the PGPX graduates ranging from CEOs to HoDs. The IPRS audited report for IIM Ahmedabad PGPX Placement 2022 was conducted on campus
IIM Ahmedabad PGPX Placements 2022

IIM Ahmedabad has completed one year MBA placement 2022 for its 16th batch of PGPX students with high salary packages and diverse top roles offered by the recruiters. The audited placement report 2022 released on July 21, 2022, following IPRS standard audit,  reflects high compensation packages to the students of its PGPX programme. The placement 2022 process was held on campus as against the last year process which was conducted virtually. 

IIM Ahmedabad (IIMA) concluded the final placement process of its One Year Full Time Post Graduate Programme in Management for Executives (PGPX) at the end of May 2022. As every year, the final placement report was audited by an external agency and finalized in July 2022. As many as 119 students from the PGPX 2022 batch accepted offer letters from globally recognised companies across sectors. 

Prof. Ankur Sinha, Chairperson of the Placement Committee said, “We had record placements for our PGPX Batch of 2022 in the history of 16 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 st udents for their talent needs at mid to senior level positions. A surge in strategic and growth roles along with several international offers speak of the faith that the recruiters have in the programme. The determination, resilience and commitment shown by the placement team while working in a volatile situation because of the pandemic is commendable. We wish our graduates great success in their careers.”

About 62 firms participated in this year’s on-campus placement process with organisations visiting the campus to recruit candidates for their middle and senior management positions. This year saw a renewed focus on hiring for Consulting and Product Management roles as well as international hiring from the programme. It also saw a surge in hiring for strategic and growth roles including CEO, Ecosystem and Marketing Head, Vice President, Chief of Staff, Director, Young Leadership Programs, Program Head, Product Head and more.

Consulting firms emerged to be the largest recruiter this year, by hiring as much as 35 per cent of the students from the batch.  This was followed by Online Services, Information Technology and BFSI sectors that recruited 20 per cent, 14 per cent and 9 per cent of the students, respectively.

IIM Ahmedabad PGPX Placements 2022: Highlights

  • Placement 2022 was conducted On Campus
  • Highest Domestic Salary stood at Rs.75.20 LPA in Placement 2022 as against Rs.82 LPA last year
  • Average Domestic salary goes up at Rs. 38,64,049 in Placement 2022 as against Rs.32,44,547 last year
  • Median Salary goes up at Rs.36.26 LPA in 2022 as against Rs.30 LPA last year
  • Batch Size: 136
  • Students eligible for Placement: 136
  • Studen ts who participated in Placement: 119
  • Students who accepted placement offers: 119
  • 7 Students got placement on their own
  • 4 student marching on Entrepreneurship
  • 15 students did not seek placement
  • Company sponsored/already employed/Seeking placement holiday 4
  • Total Recruiters: 62
  • Total Offers Made: 172
  • Top Recruiting Sector: Consulting with 35% Recruitment
  • Top Recruiters include BCG, Bain, PwC, McKinsey, Adani Digital, Amazon, Microsoft, Google, Accenture, Genpact, Flipkart, among others

20 new logos were added, representing 51% of all recruiting organisations, in this year’s placement season. The PGPX placements started in December 2021 with most of the hiring completed in the wave (4 days hiring event), followed by hiring on a rolling basis until the end of March 2022. The participants of the sixteenth batch of PGPX comprised of candidates from diverse industries and functions with experience ranging from 4 years to 20 years.

IIM Ahmedabad PGPX International Placement 2022
This year IIM Ahmedabad PGPX students got international placements also as against last year when no international offer was made. The audited report 2022 for IIM Ahmedabad PGPX Placement reveals that the highest international salary was USD 151,297 and average international salary was USD 136,082. There were 5 students who accepted international offers.  

Middle and Senior level Roles Offered
For a diverse and accomplished participant PGPX 2022 group, recruiters selected the candidates for their middle and senior management positions. The 2022 placement process saw a renewed focus on hiring for Consulting and Product Management roles as well as return of international hiring for the program. Continuing with the tradition, recruiters showed their trust in the talent pool available within the program and hired for strategic and growth roles such as CEO, Ecosystem and Marketing Head, Vice President, Chief of Staff, Director, Associate Director, Associate Vice-President, Young Leadership Programs, Program Head, Product Head, Consultant, Senior Manager, Product Manager, Client Partner, and Operations Manager.

Top Recruiters                  
Top Recruiters for IIM Ahmedabad PGPX 2022 batch included global giants such as BCG, Bain, PwC, McKinsey, EY-Parthenon, Monitor Deloitte, Eques Capital, Adani Digital, Arthur D. Little, Amazon, Microsoft, Google, OLA Electric, Magicpin, UBS, Lenskart, Simplilearn, Accenture, Indegene, FinlQ Genpact, Persistent, ElasticRun, Decimal Technologies, Pravaig, Gujarat Gas, Flipkart, Skit.ai. Accenture making the highest number of offers.

Batch with 4 to 20 Years of Work Experience
The participants of the 16th batch of IIM Ahmedabad one year MBA (PGPX) are from varied backgrounds with experience ranging from 4 years to 20 years.

IIM Ahmedabad has always encouraged students to take up entrepreneurship as a career, and this year also 4 students are taking up entrepreneurship.

IIM-A PGPX Sectoral Placement 2022
Below are shared the details of various sectors in which 119 students of PGPX 2022 batch of IIM Ahmedabad have been placed

Function
No. of students placed
Consulting
36
Online Services
24   
Information Technology (IT)
17
BFSI
11
Automotive
10
Ecommerce
  8
Pharmaceutical/Healthcare
  4
Environment & Energy
  2
Media/Entertainment
  1
International Placements
  5
Total
119

On the successful completion of PGPX placements 2022, Sitakant Tripathy, PGPX Recruitment Secretary said, “This year’s placements reiterate the programme’s focus on building leaders for an evolving business world. The numbers speak for the strength of the programme and the value organizations find in hiring the students from this programme.”

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 eight years including 2022, 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 2022', 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 2022 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.

Over the years, IIMA’s academically superior, market-driven, and socially impactful programmes, have earned high reputation and acclaim globally. It 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 2022. 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