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IIM Ahmedabad Placement 2024: Highest Package @ INR 54.8 LPA, Average Package @ INR 36.41 LPA

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Indian Institute of Management (IIMA) , Ahmedabad  IIM Ahmedabad Campus
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New Updates About Indian Institute of Management (IIMA) , Ahmedabad

Indian Institute of Management (IIMA),Placement Highlights 2024

Latest Updates on IIM Ahmedabad Placements 2025

 

The IIM Ahmedabad MBA-PGPX placements 2024 have concluded, and approximately 124 students have been hired. IIM Ahmedabad has reported that its Highest Package is INR 54.8 LPA. A total of 121 offers were accepted during the PGPX Placement. The Median Package offered during IIMA Placement 2024 was INR 35 LPA, while the Average Package was INR 36 LPA.

 

IIM Ahmedabad Placement Report: There were two stages to the placing procedure. The first was the "laterals" process, in which businesses interviewed college students with previous work experience and offered them mid-level executive roles. The final placement procedure was the second stage. Cohorts of enterprises were invited to campus in various clusters based on the profile presented, and cohorts were grouped into groups.

IIM Ahmedabad Lateral Placements: About 59% of the class qualified for lateral placement, giving students the chance to fully utilize their prior job experience. 60 companies from a variety of industries, including technology, hospitality, core manufacturing, consulting, general financial services, and online services, participated in the laterals process.

Amazon, Browserstack, Matrix Partners, Extramarks, Microsoft, Oracle, Paytm, Sprinklr, Olam, Swiggy, Infoedge, Oyo, FinIQ, M3M, Tech Mahindra, Google, Arpwood Capital, Kepler Cannon, and Kigali Labs were just a few of the companies that took part in the laterals process.

 

 

Summer Internships: IIM Ahmedabad has finished placing its summer interns for the 2024 PGP class. The Internship percentage was 100%. BCG emerged as the top recruiter with 22 offers. Other top recruiters included McKinsey, Bain & Company, Kearney, Goldman Sachs, HUL, etc. IIM Ahmedabad summer placements for the PGP batch of 2023-25 were 100%. 

A total of 124 companies participated and BCG emerged as the top recruiter during IIM Ahmedabad summer placements for the PGP batch of 2023-25. Among the total 404 students placed, 142 students were placed in the Consulting sector followed by 73 and 48 students being placed in the Finance and Marketing sectors during IIM Ahmedabad summer placements for the PGP batch of 2023-25. 

IIM Ahmedabad MBA -PGPX Placements: Indian and foreign employers chose PGPX students from IIM Ahmedabad for leadership positions as well as middle and senior management positions. Vice president, director, leadership program candidates, program head, product head, assistant vice president, and general manager are just a few of the roles for which students have been hired.

This year, start-ups, both unicorns and soon-to-be unicorns, also hired a significant number of students from IIM Ahmedabad and senior leadership and middle management posts by established corporations.

Read more About IIM Ahmedabad,  IIM Ahmedabad AdmissionIIM Ahmedabad Fees, and IIM Ahmedabad Cutoff.

 

IIM Ahmedabad PGPX Placement Report 2024

 

IIM Ahmedabad Placements Highlights 2024

The IIM Ahmedabad PGPX placement Report for 2023 is released.  Given below are the IIM Ahmedabad Placement Report 2023 highlights:

  • During that time, the highest package offered was INR 54.80 LPA, and the average package stood at INR 36.41 LPA
  • A three-year low, the highest package MEP for the one-year MBA at IIM A was INR 1.2 CPA in domestic packages.
  •  Five foreign offers were made this year, which is the most in the preceding four years. 
  • Twenty new businesses participated this year.
IIM Ahmedabad PGPX Placement 2024

Particulars

Placement Data 2024

Students Seeking Placements through Institute147
Did not seek Placement through the Institute21
Total Eligible Students126
Total Offer Accepted121
IIMA Highest Package

INR 54.80 LPA (Domestic)

INR 1.05 CPA (International)

IIMA Average PackageINR 36.41 LPA (Domestic)
IIMA Median PackageINR 35.00 LPA (Domestic)
IIMA Lowest PackageINR 21.46 LPA (Domestic)

 

IIM Ahmedabad Placement Report 2023

IIM Ahmedabad PGP-FABM Placement 2023

Particulars

Placement Data 2023

Students Seeking Placements through Institute46
Did not seek Placement through the Institute1
Total Eligible Students47
Total Offer Accepted46
IIMA Highest PackageINR 33.39 LPA (Domestic)
IIMA Average PackageINR 20.11 LPA (Domestic)
IIMA Median PackageINR 20.00 LPA (Domestic)
IIMA Lowest PackageINR 14.97 LPA (Domestic)

 

 

IIM Ahmedabad PGP Placement 2023

Particulars

Placement Data 2023

Students Seeking Placements through Institute385
Did not seek Placement through the Institute4
Total Eligible Students389
Total Offer Accepted385
IIMA Highest Package

INR 1.46 CPA (Domestic)

INR 1.15 CPA (International)

IIMA Average Package

INR 34.45 LPA (Domestic)

INR 1.07 CPA (International)

IIMA Median Package

INR 31.58 LPA (Domestic)

INR 1.06 CPA (International)

IIMA Lowest Package

INR 18.05 LPA (Domestic)

INR 97.09 LPA (International)

 

Know More: 

IIM Ahmedabad PGPX Sector–Wise Placements 2024

 IIM Ahmedabad PGPX Placements  are shown in the following table, sector-wise split: 

Sectors

Percentage of Students Placed

DomesticInternatioanlTotal
Automotive4 4
Banking, Financial Services and lhsurance (BFSI)13 13
Consulting26 26
Energy7 7
FMCG4 4
IT Consulting16 16
IT Software8 8
IT Solutions12 12
Manufacturing6 6
Pharmaceuticals/ Health12212
Telecom4 4
Others7 7
Grand Total1192121

 

IIM Ahmedabad Average Package 2023

IIM Ahmedabad's Average Salary Package is one of the highest among all the B-schools in India. The placement record of IIM Ahmedabad has been outstanding over the years, with almost 100% of the students being placed in reputed companies. In the IIM Ahmedabad Placement 2023, the Average Salary Package offered was Rs. 36.41 lakhs per annum. And if we talk about the numbers this is a substantial increase from the previous year’s average package of Rs. 71,000 per annum.

A student might be interested to know the average package that was offered for the various roles offered at times of placement. The average package for consulting roles was around Rs. 31.14 lakhs per annum, while the average package for finance roles was around Rs. 28.86 lakhs per annum. Similarly, the average package for sales and marketing roles was around Rs. 24.66 lakhs per annum, and for operations roles, it was around Rs. 28.11 lakhs per annum.

 

Factors that Contribute to IIM Ahmedabad’s High Average Package

Several factors contribute to IIM Ahmedabad’s high average package. Some of these factors are:

Academic excellence: IIM Ahmedabad has a rigorous academic curriculum that prepares students to take up leadership roles in the industry. The curriculum is designed to provide a holistic understanding of management concepts and their applications in real-world scenarios. This academic excellence attracts reputed recruiters to the institute, which, in turn, leads to high-paying job offers.

Industry connects: IIM Ahmedabad has strong industry connections and collaborations, which provide students with opportunities to interact with industry leaders and gain insights into the latest industry trends. This helps students to be better prepared for the industry and enhances their chances of getting high-paying job offers.

Diversity: IIM Ahmedabad has a diverse student community, with students coming from different academic and professional backgrounds. This diversity brings in different perspectives and ideas, which are highly valued by recruiters. Companies prefer to hire students who can bring fresh ideas and new perspectives to their organizations.

Alumni network:  The alumni network provides students with mentorship opportunities, industry connections, and job referrals, which can significantly enhance their job prospects and IIM Ahmedabad has a strong alumni network spread across different industries and domains.

Below is a list of the courses for which the average package would be offered at IIM Ahmedabad placements Package in 2024:

Course

Average Domestic Package

PGP (MBA)INR 34.45 LPA 
PGP-FABMINR 20.11 LPA
PGPX

NR 36.41 LPA (2024)

INR 35.68 LPA(2023)

 

IIM Ahmedabad Placements 2023: Average Salary Trends

IIM Ahmedabad Placement package trends for the years 2019, 2020, 2021, and 2023: 

CourseAverage Package (2019)Average Package (2020)Average Package (2021)Average Package (2023)
PGP (MBA)INR 25.83 LPAINR 26.12 LPAINR 27.54 LPAINR 34.45 LPA
PGP-FABMINR 15.90 LPAINR 16.33 LPAINR 17.79 LPAINR 20.11 LPA
PGPXINR 30.35 LPAINR 33.36 LPAINR 32.44 LPA

INR 36.41 LPA (2024)

INR 35.68 LPA(2023)

 

IIM Ahmedabad Placements Course Wise 2023

Below are the course-by-course placement rate patterns seen during the IIM Ahmedabad placements for 2020, 2021, 2022, and 2023:

Course

Placement rate (2020)

Placement rate (2021)

Placement rate (2022)

Placement rate (2023)
PGP (MBA)100%99%100%100%
PGP-FABM100%100%100%100%
PGPX97%98%98%100%

 

IIM Ahmedabad Placements 2024 Company – Wise 2023

BCG made the most offers (47), followed by Accenture Strategy (32) and Goldman Sachs in the first quarter of 2022 postings (7). The following table shows the company placements for the IIM Ahmedabad class of 2022:

Name of the CompanyNumber of Offers
BCG47
Accenture Strategy32
Paytm20
PwC13
American Express11
OYO10
Goldman Sachs7
American Express5
Bank of America4

 

IIM Ahmedabad Placement 2023: Top IIMs Comparison

The following table shows the average and median salaries provided, as well as the number of offers made in the leading IIMs during 2023 placements for their flagship MBA (or PGP) program:

IIM Name

Average Package

Median Package

No. of Offers

IIM AhmedabadINR 34.45 LPA INR 31.58 LPA 385
IIM BangaloreINR 35.31 LPAINR 33 LPA606
IIM CalcuttaINR 35.07 LPAINR 33.67 LPA673
IIM KozhikodeINR 31.02 LPA INR 27 LPA559

Indian Institute of Management (IIMA) Top Recruiters

Dell Dell
Amazon Amazon
Cognizant Cognizant
Citigroup Citigroup
Boston Consulting Group Boston Consulting Group
booz and company booz and company
Deloitte Deloitte
Deutsche Bank Deutsche Bank
Dr.Reddy’s Laboratories Ltd Dr.Reddy’s Laboratories Ltd
goldman sachs goldman sachs
Hindustan Unilever Limited Hindustan Unilever Limited
IBM IBM
ICICI Bank ICICI Bank
infosys infosys
ITC ITC
j p morgan j p morgan
kpmg kpmg
Larsen & Toubro Ltd. Larsen & Toubro Ltd.
McKinsey & Co McKinsey & Co
microsoft microsoft
morgan stanley morgan stanley
Google Google
opera solutions opera solutions
pwc pwc
rbs rbs
tata tata
TCS TCS
ubs ubs
Alstom Group Alstom Group
Bain & Company India Private Limited Bain & Company India Private Limited
Fortis Healthcare Fortis Healthcare
Polaris Polaris
Airtel Airtel
Accenture Accenture
ArcelorMittal ArcelorMittal
Hindustan Coca-Cola Hindustan Coca-Cola
NIIT NIIT
ORACLE Financial Services Ltd ORACLE Financial Services Ltd
Roland Technology Roland Technology
Aditya Birla Group Aditya Birla Group
Amazon.com: Software Amazon.com: Software
Barclays Shared Services Pvt Ltd Barclays Shared Services Pvt Ltd
Cairn Cairn
CAP Gemini CAP Gemini
DLF DLF
Edelweiss Edelweiss
Ericsson India Pvt Ltd Ericsson India Pvt Ltd
Hazira Hazira
HCL Info System HCL Info System
Hero Honda Motors Hero Honda Motors
Hewitt Technologies Hewitt Technologies
Honeywell Honeywell
Ingersoll Rand Ingersoll Rand
Mahindra & Mahindra Mahindra & Mahindra
MindTree MindTree
Nestle India Nestle India
PHILIPS PHILIPS
SUZLON SUZLON
Synergy Synergy
Zynga Zynga
Coca-Cola India Coca-Cola India
Procter & Gamble Procter & Gamble
Arthur D. Little Arthur D. Little
Cypress Cypress
RPG Enterprises RPG Enterprises
WNS Group WNS Group
Yes Bank Yes Bank
PRTM PRTM
GSK GSK
Feedback Ventures Feedback Ventures
Hero Motocorp Hero Motocorp
Nomura Services India (P) Ltd. Nomura Services India (P) Ltd.
Essar E&P Ltd. Essar E&P Ltd.
Samsung Electronics Samsung Electronics
FINO FINO
Computer Associates, Hyderabad Computer Associates, Hyderabad
HSBC Bank HSBC Bank
Apollo Healthcare Apollo Healthcare
Wipro Technologies Wipro Technologies
Nokia Nokia
Reliance ADA Group Reliance ADA Group
TAKE SOLUTIONS TAKE SOLUTIONS
MakeMyTrip India Pvt. Ltd. MakeMyTrip India Pvt. Ltd.
iDiscoveri Education Private Limited iDiscoveri Education Private Limited
Audio Technology & Codecs (I) Pvt Ltd (ATC Labs) Audio Technology & Codecs (I) Pvt Ltd (ATC Labs)
Praj Praj
Bharti Group Bharti Group
Electrotherm Electrotherm
Ikya Ikya
Lear Automotives Lear Automotives
Marvel Realtors Marvel Realtors
Code Solutions Code Solutions
NECO NECO
NEGD NEGD
NISG NISG
Sears Holding India Sears Holding India

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30-06-2018
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Rajat Jain
MBA / PGDM Student

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Best college To Study along with Personal development

Placement: Placements were excellent. IIM A has cluster system (with companies of same field arriving on same day), almost 40% of batch I guess had offers by the end of cluster 1 (I. e. Consulting & Finance firms), including PPOs and lateral offers. 100% of students got placed. The highest, the lowest and Average can’t be calculated since a number of companies don’t give salary details in the Job Description Forms. But the highest for domestic would definitely be more than or equal to 50 LPA. Around 100+ firms participated across Consulting, Finance, Marketing, General Management, Technology, and BFSI profiles. Consulting took maximum students, my guess would be ~ 100. 100% of students got internships as it is a mandatory requirement. Stipend details are not shared by companies, but the highest domestic will ~ 3.5 lacs. Yes, there is a placement cell. It is responsible for ensuring internships and placements for all interested students.

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06-02-2018
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Lokesh
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Topmost mba college

Placement: Placements are no doubt best here. The average salary is around 15-16 LPA and if totally depends on you what you are capable of.

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30-06-2018
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Rajat Jain
MBA / PGDM Student

college search  5.0 Canteen

college search  5.0 Infrastructure

college search  4.0 Sports

college search  5.0 Events

college search  4.5 Society / Clubs

college search  5.0 PG

college search  4.5 Hostel

college search  5.0 Internship/Placement

college search  5.0 Faculty

Best college To Study along with Personal development

Faculty: Faculty is probably the best aspect of IIM A. They are well qualified and extremely knowledgeable. The fields of faculty members varies across Marketing, Finance, Public Policy, Economics, Information Systems. The teaching is completely case based and focuses on application of learned concepts. The scope of industry exposure is through internships or if someone wants to try their hands on a live project, there is a student body dedicated to pitching projects to be taken up by groups of students. Also, the incubation centre of IIM A is amongst the best in the country, if someone is interested in entrepreneurship.

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06-02-2018
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Faculty: Excellent faculties, they do extensive research, they are top class teachers.

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Contact Details

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2GMM+54C, Sargam Marg, Vastrapur, Ahmedabad, Gujarat, 380015

College Contact

079 - 66XXXXXX57

Email

adxxxon@xxxin

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Indian Institute of Management (IIMA) , Ahmedabad

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