IIM Ahmedabad PGPX: Student Offered Highest International Salary above Rs.76 LPA in Placement 2019

Tuesday, August 06 2019
IIM Ahmedabad PGPX Placements 2019
IIM Ahmedabad one year MBA (PGPX) student has been offered the international package of USD 109,666 (Eqv. Rs.76.76 lakhs) much higher than last year package of USD70,252. Releasing the audited report 2019 for its PGPX Placement, IIM Ahmedabad has shared that the highest domestic salary for one year MBA has also gone up at Rs.60 LPA in 2019 as compared to Rs.54.6 LPA last year

The one year MBA audited placement report 2019 of IIM Ahmedabad released on August 6, 2019 after following IPRS standard audit has reflected higher domestic and international compensation packages to the students of its PGPX programme with highest international package at US$ 109,666 (Eqv Rs.76.76 lakhs) and highest domestic package at Rs.60 lakhs offered to the student of Post Graduate Programme for Executives (PGPX).

IIM Ahmedabad PGPX Placements 2019: Highlights

  • Highest International Salary Up at US$109,666 in 2019 from US$70,252 last year
  • Highest Domestic Salary Up at Rs.60 lakhs in 2019 from Rs.54.60 lakhs last year
  • Average domestic salary stood at Rs.30,35,708 in PGPX Placement 2019
  • 75 Recruiters offered 290 different roles
  • 27 New Recruiters made offers in Placement 2019
  • 114 offers were accepted by the students
  • One student was offered International Placement
  • Top Recruiters include Accenture, Adani Group, Adidas AG, Amazon, Ericsson, Google, Genpact, HSBC, ICICI Bank, Infosys, McKinsey, Microsoft, OYO, Uber

The final placement process for the Class of 2019 of the IIM Ahmedabad One Year MBA Programme, the full-time Post Graduate Programme in Management for Executives (PGPX), had started in November 2018 and was completed in June end 2019. The final audited placement report was finalized on July 29, 2019.

Batch with 5-17 Years of Work Experience
The participants of the thirteenth batch of IIM Ahmedabad one year MBA (PGPX) came from varied backgrounds with rich experience ranging from 5 to 17 years.

Senior & Mid-Senior Management Roles Offered
Recruiters visited campus to select candidates for their mid-senior and senior level management positions. Students were offered positions such as Group CFO, Vice President, Director-Sales, Associate Vice‑President, General Manager, Head of Operations, Principal Consultant, Senior Manager, Product Manager, and Implementation Coach.

The graduating students accepted a total of 114 offers from firms across sectors such as Consulting, BFSI, Conglomerates, FMCG, E-Commerce, Technology, IT and ITeS, Energy, Logistics, Pharma, FinTech and Real Estate.

75 Recruiters with 290 Offers
A total of 75 firms offered 290 different roles in IIM Ahmedabad one year MBA Placement 2019. Information Technology firms formed the largest sector of offers with 47 offers rolled out, followed by BFSI, Engineering/Technology, and Online Services with 15, 11, and 9 offers respectively.

20 Students Opt Out: 3 on Entrepreneurship Venture
20 students of IIM Ahmedabad one year programme (PGPX) did not seek placements through the institute. Out of them three students opted to pursue entrepreneurship.

Top Recruiters for IIM Ahmedabad PGPX Placement 2019
Firms that participated in the IIM Ahmedabad one year MBA recruitment process 2019 included Accenture, Adani Group, Adidas AG, Amazon, ElasticRun, Ericsson, Flipkart, Google, Genpact, Govt. of Andhra Pradesh, Hindustan Coca-Cola Beverages, Honeywell, HSBC, ICICI Bank, Indegene, Infosys, Innoviti Payment Solutions, KEC International, Lodha Group, Mastercard, McKinsey, Microsoft, Omniactive, OYO, Punjab Bureau of Investment Promotion, Persistent Systems, Riddhi Siddhi Group, Uber among others.

Accenture, RPG Group and Innoviti Payment Solutions made the largest number of offers. There was one international offer made this year.

Placement Holiday to 3 Students
IIM Ahmedabad has always encouraged students to take up entrepreneurship as a career, and this year also the three students taking up entrepreneurship were provided placement holiday for two years. Two of these will work on their venture under the guidance and mentorship of Centre for Innovation Incubation and Entrepreneurship (CIIE).

Prof. Amit Karna, Chairperson of the Placement Committee said, “We were pleased to note that 27 new recruiters were able to successfully participate in our campus placement process and hire the best talent for their organizational needs.” Pramathesh Shukla, PGPX Recruitment Secretary said, “In line with the global recruitment trends, we are witnessing a growing demand for candidates from programmes like PGPX in organizations. This year along with the traditional sectors such as IT, Consulting, Telecom and FMCG, we also witnessed substantial growth in offers from E-commerce and FinTech sectors.”

Sharing about the one year programme of IIM Ahmedabad Mr Shukla added, “The experienced and diverse cohort of the programme assures a greater alignment between the organizational needs and candidate’s aspirations. We have strengthened our relationship with our long-associated recruiters and have partnered with many new organisations this year.”

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 five years including 2019, 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 2019', prepared by MHRD's National Institutional Ranking Framework (NIRF), rated IIM Ahmedabad as the second 'Best Management Institute ' in India.

The IIM Ahmedabad PGPX Placement Report 2019 has been audited by the Brickwork Ratings India Pvt Ltd. IIM Ahmedabad follows IPRS Standards of Audited Report  in  Placements. 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.

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