IIM Ahmedabad One Year MBA (PGPX) Placement 2020: 35% Rise in Highest Domestic Salary; Average Salary Up by 10%

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MBAUniverse.com News Desk |
September 4, 2020
IIM Ahmedabad one year MBA (PGPX) Placement 2020 has concluded with a 35% rise in Highest salary and 10% increase in Average salary for the students who participated in placement process in July 2020. The audited report 2020 for IIM Ahmedabad PGPX Placement reveals that although no international offer was made this year, the highest domestic salary in Placement 2020 is higher than the international salary offered last year
IIM Ahmedabad PGPX Placements 2020

The one year MBA audited placement report 2020 of IIM Ahmedabad released on September 2, 2020 after following IPRS standard audit has reflected higher compensation packages to the students of its PGPX programme despite the economic slow down due to Covid-19 pandemic. A 35% rise in Highest salary and 10% increase in Average salary is recorded for 120 students who accepted placement offers in placement process which concluded in July 2020, although no international placement is recorded this year.

The placement process for the graduating batch of the One Year Post-Graduate Programme in Management for Executives (PGPX) at IIM Ahmedabad was successfully completed in July 2020. The PGPX placements started from November 11, 2019 on a rolling basis and continued till July 2020.

IIM Ahmedabad PGPX Placements 2020: Highlights

  • Highest Domestic Salary Up at Rs.81 LPA in Placement 2020 from Rs.60 LPA in 2019
  • Average domestic salary Up at Rs.33,36, 247 from Rs.30,35,708 last year
  • Students eligible for Placement: 140
  • Students who participated in Placement: 125
  • Students who accepted placement offers: 120
  • 7 Students did not seek campus placement
  • 3 students marching on Entrepreneurship
  • Top Recruiters include Genpact, AB lnBev, Accenture, Adani Group, Aditya Birla, Amazon, Axis Bank, Bank of America, Bharti Airtel, Deloitte, E&Y, L&T, Microsoft, PwC, Schindler, Shell, Trident, Visionet Systems

PGPX Domestic Salary 2020 Exceeds International Salary 2019
The audited report 2020 for IIM Ahmedabad PGPX Placement reveals that although no international offer was made this year, the highest domestic salary in Placement 2020 is higher than the international salary offered last year.

In one year MBA Placement 2020, the highest domestic salary offered to the students is Rs.81 lakhs. The highest international package in placement 2019 was US$ 109,666 (Eqv Rs.76.76 lakhs) and the highest domestic package was Rs.60 lakhs offered to the student of Post Graduate Programme for Executives (PGPX).

Batch with 4 to 16 Years of Work Experience
The participants of the 14th batch of IIM Ahmedabad one year MBA (PGPX) are from varied backgrounds with experience ranging from 4 years to 16 years.

Middle and Senior level Roles Offered
For a diverse and accomplished participant PGPX 2020 group, recruiters visited the IIM Ahmedabad campus to select candidates for their middle and senior management positions. In the 2020 placement process, students were offered positions curb as CO-CEO, Chief Product Executive, 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 and Offering Manager.

Top Recruiters
Genpact emerged as the top recruiting company with maximum number of offers to PGPX 2020 students of IIM Ahmedabad. 

Top Recruiters for IIM Ahmedabad PGPX 2020 batch include AB lnBev, Accenture, Adani Group, Aditya Birla Management Corporation, Agarwal Packers & Movers, Amazon, Atos Syntel, Axis Bank, Bank of America, Bharti Airtel, Cepheid India, Citi, Decimal Technologies, Deloitte, Deshpande Foundation, ElasticRun, Ernst and Young, FIITJEE, Genpact, Havmor, Hexagon, Honeywell, lClCl Bank, lndegene, KEC International, L&T Infotech, Microsoft, Magicpin, Mastercard, Near India, NEC, NISG, NPCI, Optum, Persistent Systems, Praxis Global, PwC, Schindler, Shell, Stryker, Sutherland, Technova, Trident, Udaan, Vikram Solar, Visionet Systems, Zensar, Zama Organics among others

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

IIM-A PGPX Funactional Placement 2020
Below are shared the details of various functions in which 120 PGPX students of IIM Ahmedabad have been placed

Function
No. of students placed
Consulting
15
Finance
4
General Management
19
Human Resourses
2
Marketing / Sales
24
Operations
22
Research & Advisory
1
Strategy
9
Supply Chain Management
2
System / IT
15
Others*
7
Total
120

Sectoral Placements
The key sectors in which the IIM Ahmedabad PGPX students are placed in 2020 are:

Sector
No. of Students Placed
BSFI
11
Conglomerate
3
Consulting
13
Consumer goods (FMCG)
4
Engineering/Technology
4
Environment & Energy
3
Information Technology (IT)
42
Logistics
2
Manufacturing
7
Online Services
14
Pharmaceutical / Healthcare
9
Telecom
2
Others
6
Total
120

The experienced and diverse cohort of the IIM-A PGPX 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 six years including 2020, 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 2020', prepared by MHRD's National Institutional Ranking Framework (NIRF), rated IIM Ahmedabad as the 'Best Management Institute ' in India.

The IIM Ahmedabad PGPX Placement Report 2020 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.

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