IIM Ahmedabad Placements 2023: Average Package: INR 36.2 LPA & Highest Package: INR 1.14 CPA
What's New in IIM Ahmedabad?
IIMA - Indian Institute of Management (IIM Ahmedabad) is a renowned institution situated in the vibrant city of Ahmedabad, within the state of Gujarat. As a leading college in the field of Management, it has carved a niche for itself in the IIM category. Admission to IIMA - Indian Institute of Management is highly competitive, primarily determined through the exam, ensuring that only the most dedicated and talented students become part of its community.
With an outstanding review rating of based on reviews, IIMA - Indian Institute of Management is celebrated for its academic excellence, state-of-the-art facilities, and vibrant campus life. The college's commitment to providing quality education is reflected in the impressive career prospects of its graduates. Alumni of IIMA - Indian Institute of Management command an average salary of ₹ 34.36 Lakhs, with the highest reported salary reaching an impressive ₹ 1.15 Crore.
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IIMA - Indian Institute of Management (IIM Ahmedabad) has garnered significant recognition in the academic world, as evidenced by its rankings. According to NIRF, in the year 2023, IIMA - Indian Institute of Management achieved a remarkable ranking at the National level in the postgraduate category. This ranking, specifically in the type and full time program type, highlights the college's excellence among 100 participating institutions.
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Notification
IIM Ahmedabad Placements 2023: Average Package: INR 36.2 LPA & Highest Package: INR 1.14 CPA
IIM Ahmedabad Placements 2023 are now concluded. Placements were conducted in two stages. The first stage was the laterals process, in which firms offered mid-level managerial positions to applicants who had prior work experience. A total of 36 companies from diverse sectors participated, including technology, banking, finance, consulting, and analytics.
IIM Ahmedabad placements 2022 recorded the highest domestic package of INR 61.49 LPA and highest international package stood at US $140,599 whereas average domestic package stood at INR 32.8 LPA and average international package stood at US $ 108,405.
For the 2022–24 PGP batch, IIM Ahmedabad has completed its summer internship placements. There were 60 Firms involved in Phase 1. The Boston Consulting Group was the top employer with 28 offers. Bain and Company came in second with 23 offers. In the past year, cluster 1 offers from abroad have increased by 50% at IIM Ahmedabad. Phase 2 of the placement drive saw participation from about 50 companies, and Adani Group came out on top with 16 offers. 35 companies took part in Phase 3, and TCS came out on top with 11 offers.
Table of Content
- IIM Ahmedabad Placements 2023 Report
- IIM Ahmedabad Placements Course Wise
- IIM Ahmedabad Placements 2023 Cluster Wise
3.1 IIM Ahmedabad Placement 2023 Sector-Wise
3.2 IIM Ahmedabad Placement 2023 Company Wise
- IIM Ahmedabad Placement 2022 Report
- IIM Ahmedabad PGP-FABM Placement 2022
- IIM Ahmedabad PGPX Placement 2022
- IIM Ahmedabad MBA Placement Year-Wise Salary Trend
- IIM Ahmedabad MBA Summer Internship Placements 2023
- IIM Ahmedabad PGP FABM Summer Internship Placements
- IIM Ahmedabad Alumni Network
- IIM Ahmedabad FAQs
IIM Ahmedabad Placements 2023 Report
| Batch | PGP 2023 |
|---|---|
| Number of Recruiters | 188 |
| Number of Offers | 280 |
| Number of International Offers | 8 |
| Major Cohort | Consulting |
| Top Recruiter | Mckinsey & Co. |
IIM Ahmedabad Placements Course Wise
| Particulars | Placement Statistics 2022 | Placement Statistics 2021 |
|---|---|---|
| PGP | ||
| Highest International Package | $ 1,40,599 Per Annum | $154,355 Per Annum |
| Highest Domestic Package | INR 61.48 LPA | INR 55 LPA |
| Average International Package | $ 108,405 | $ 98,962 |
| Average Domestic Package | INR 32.79 LPA | INR 27.54 LPA |
| Offers Accepted | 382 (7 International) | 374 (9 International) |
| PGP FABM | ||
| Highest International Package | $ 49,000 | $ 126,523 |
| Highest Domestic Package | INR 33.83 LPA | INR 27.82 LPA |
| Average International Package | $ 80,901 | - |
| Average Domestic Package | INR 21.49 LPA | INR 17.79 LPA |
| Offers Accepted | 47 (International) | 44 |
| PGPX | ||
| Highest International Package | $ 151,297 | $ 372,904 |
| Highest Domestic Package | INR 75.2 LPA | INR 82 LPA |
| Average International Package | $ 136,082 | $ 147,549 |
| Average Domestic Package | INR 38.64 LPA | INR 32.44 LPA |
| Offers Accepted | 119 (5 International) | 119 |
IIM Ahmedabad Placements 2023 Cluster Wise
| Cluster | Details |
|---|---|
| Cluster 1 |
|
| Cluster 2 |
|
| Cluster 3 |
|
IIM Ahmedabad Placement 2023 Sector-Wise
| Sectors | Number of Offers |
|---|---|
| Consulting | 51 |
IIM Ahmedabad Placement 2023 Company Wise
| Recruiter | No. of Offers |
|---|---|
| McKinsey & Company | 34 |
| BCG | 33 |
| TCS | 15 |
| Adani | 10 |
| TCS | 10 |
| Essar Group | 8 |
IIM Ahmedabad Placements 2022 Report
| Particulars | Placement Statistics (2020-22) | Placement Statistics (2019-21) |
|---|---|---|
| Batch Strength | 385 | 388 |
| No. of Students Participated in Placement | 382 | 374 |
| No. of Students opted Out | 3 | 14 |
| Number of Recruiters | 190 | 131 |
| Total Offers | 382 | 374 |
| Total International Offers | 7 | 9 |
| Total PPOs Offered | 217 | 180 |
| Total PPOs Accepted | 105 | 115 |
| Highest International Package | INR 1.16 CPA ($1,40,599) | INR 1.27 CPA ($1,54,355) |
| Highest Domestic Package | INR 61.48 LPA | INR 55 LPA |
| Average International Package | INR 89.71 LPA ($1,08,405) | INR 81.90 LPA ($98,962) |
| Average Domestic Package | INR 32.79 LPA | INR 27.54 LPA |
| Top Recruiting Sectors | Consulting and BFSI | Consulting and BFSI |
| Top Recruiters | Boston Consulting Group, Accenture, Bain & Company, Bain & Company, Goldman Sachs, TAS, and TCS | McKinsey, Boston Consulting Group and Tata Consultancy Services. |
IIM Ahmedabad MBA Placements 2022 Sector-Wise
The sector-wise MBA placement 2022 is mentioned in the table below:
| Sectors | Domestic Offers | International Offers | Total Offers |
|---|---|---|---|
| BFSI | 72 | 3 | 75 |
| Conglomerates | 8 | 4 | 12 |
| Consulting | 204 | 0 | 204 |
| Consumer Goods (GMCG) | 23 | 0 | 23 |
| Consumer Services | 2 | 0 | 2 |
| Engineering/ Technology | 15 | 0 | 15 |
| Information Technology (IT) | 9 | 0 | 9 |
| Manufacturing | 3 | 0 | 3 |
| Media/ Communications | 1 | 0 | 1 |
| Online Services | 8 | 0 | 8 |
| Education Tech | 2 | 0 | 2 |
| Enterprise Tech | 8 | 0 | 8 |
| Hospitality & Technology | 2 | 0 | 2 |
| Retail B2B & B2C | 12 | 0 | 12 |
| Pharmaceutical/ Healthcare | 3 | 0 | 3 |
| Real Estate | 2 | 0 | 2 |
| Telecom | 1 | 0 | 1 |
| Total | 375 | 7 | 382 |
IIM Ahmedabad MBA Placements 2022: Function-Wise
The table below shows the function-wise MBA placement 2022:
| Functions | Domestic Offers | International Offers | Total Offers |
|---|---|---|---|
| Business Development | 2 | 0 | 2 |
| Consulting | 213 | 0 | 213 |
| Finance | 41 | 1 | 42 |
| General Management | 23 | 3 | 26 |
| Marketing/ Sales | 24 | 0 | 24 |
| Analytics | 1 | 0 | 1 |
| Program Manager | 1 | 0 | 1 |
| Project Appraisal & Monitoring | 1 | 0 | 1 |
| Product/ Category Management | 58 | 2 | 60 |
| Strategy | 11 | 0 | 11 |
| Supply Chain Management | 0 | 1 | 1 |
| Total | 375 | 7 | 382 |
IIM Ahmedabad MBA Placements 2022: Company-Wise
The company-wise MBA placement 2022 is mentioned below:
| Recruiter | Number of Offers |
|---|---|
| Boston Consulting Group | 44 |
| Bain & Company | 37 |
| Goldman Sachs | 6 |
| Bank of America | 4 |
| TAS | 6 |
| HUL | 3 |
| Mondelez | 3 |
| Emaan | 3 |
| TCS | 4 |
| Paytm | 20 |
| Pwc | 13 |
| American Express | 11 |
| OYO | 10 |
IIM Ahmedabad MBA Placement 2022: Top Recruiters
| Cohorts | Prominent Recruiters |
|---|---|
| Consulting | Accenture Strategy, Arthur D. Little, Bain & Co., Boston Consulting Group, Kearney, KPMG, McKinsey & Company, Monitor Deloitte, Oliver Wyman, Praxis and PwC. |
| Investment Banking and Market Space | ARGA Investment, Avendus, Sanford C. Bernstein, Citibank, Goldman Sachs, HSBC, Premji Invest & The Xander Group. |
| Consumer Goods, Consumer Services, and Consumer Electronics | Asian Paints, Dabur, RUL, ITC, Colgate Palmolive, Nestle, P&G, Reckitt, Samsung Electronics, Kimberly-Clark, and Wipro Consumer Care |
| Conglomerates | Adani Group, Mahindra Group, Emaar, and Tata Administrative Services, |
| Retail B2B and B2C | Amazon, Flipkart, Myntra and Nykaa |
| BFSI | Angel Broking, American Express, Navi Technologies, and Estee Advisors |
IIM Ahmedabad PGP-FABM Placements 2022
The PGP-FABM Placement 2022 was held in 2 stages. First was the Lateral Process in which the students with prior work experience were interviewed by the recruiters and offered mid-level managerial positions. There were a total of 3 lateral offers, with two being domestic and one international.
Second was the Final Placement Process in which the firms were grouped into cohorts based on the profile offered, they were called in different clusters. A total of 56 recruiters interviewed the students and all 46 students were placed along with 12 pre-placement offers.
The details of PGP-FABM Placement 2022 are mentioned in the table below:
| Particulars | Placement Statistics 2022 |
|---|---|
| Number of Students | 47 |
| Placement Percentage | 100% |
| Number of Recruiters | 56 |
| Number of lateral Offers | 3 (2 domestic, 1 international) |
| Number of PPOs | 12 |
| Highest Package (Domestic) | INR 33.83 LPA |
| Highest Package (International) | USD 49,000 |
| Average Package (Domestic) | INR 21.49 LPA |
| Average Package (International) | USD 49,000 |
| Top Recruiters | KPMG, PwC, Grant Thornton, P&G, Reckitt, Nestle, Olam International, CavinKare, McCain, Amul, FMC, Udaan, Purplle, UPL, ETG. |
IIM Ahmedabad PGP-FABM Placements 2022: Sector-Wise
The sector-wise placement of PGP-FABM 2022 is mentioned below:
| Sectors | Domestic Offers | International Offers | Total Offers |
|---|---|---|---|
| Agri Input | 7 | 0 | 7 |
| BFSI | 5 | 0 | 5 |
| Conglomerates | 1 | 1 | 2 |
| Consulting | 9 | 0 | 9 |
| Engineering | 1 | 0 | 1 |
| FMCG | 5 | 0 | 5 |
| Food Processing | 3 | 0 | 3 |
| Food Production & Plantation | 2 | 0 | 2 |
| Logistics | 1 | 0 | 1 |
| Online Service | 11 | 0 | 11 |
| Others (Cooperative) | 1 | 0 | 1 |
| Grand Total | 46 | 1 | 47 |
IIM Ahmedabad PGP-FABM Placements 2022: Function-Wise
The function-wise placement of PGP-FABM 2022 is mentioned below:
| Functions | Domestic Offers | International Offers | Total Offers |
|---|---|---|---|
| Business Development | 2 | 0 | 2 |
| Consulting | 9 | 0 | 9 |
| Finance | 3 | 0 | 3 |
| General Management | 5 | 0 | 5 |
| Marketing/ Sales | 10 | 0 | 10 |
| Operations | 6 | 0 | 6 |
| Product/ Category Management | 5 | 0 | 5 |
| Strategy | 5 | 0 | 5 |
| Supply Chain Management | 1 | 1 | 2 |
| Total | 46 | 1 | 47 |
IIM Ahmedabad PGP-FABM Placements 2022: Top Recruiters
| KPMC | Pwc | Grant Thornton | P&G | Reckitt |
| Nestle | Olam International | CavinKare | McCain | Amul |
| FMC | Udaan | Purplle | UPL | ETG |
| Deloitte | Accenture | TVS Credit Absolute Foods | Reliance Industries | ICICI Bank |
| Axis Bank | Yum brands | Trident group | Zepto | Waycool |
IIM Ahmedabad PGPX Placements 2022
The PGPX placement 2022 started in December 2021 and most of the hiring was done in the 4-day event. Further, the placement continued until the end of March 2022, on a rolling basis.
The PGPX Placement 2022 highlight has been mentioned in the table below:
| Particulars | Placement Statistics 2022 |
|---|---|
| Number of Students Appeared for Interview | 121 |
| Number of Students Placed | 119 |
| Number of Offers | 172 |
| Highest Package (International) | USD 1,51,297 |
| Highest Package (Domestic) | INR 72.20 LPA |
| Average Package (International) | USD 1,36,082 |
| Average Package (Domestic) | INR 38.64 LPA |
| Top Recruiters | Accenture and Adani Digital |
The recruiters made a total of 172 offers in the PGPX placement 2022. Most of them focused on hiring students for Consulting and Product Management roles. Since the batch comprises students from diverse industries and functions with experiences ranging from 4 - 20 years, the recruiters are also hired for strategic and growth roles. Some of these roles include CEO, Vice President, Associate Vice President, Ecosystem & Marketing Head, Chief of Staff, Director, Associate Director, Program Head, Product Head, Consultant, Senior Manager, Product Manager, Client Partner, and Operations Manager.
Accenture made the highest number of offers, followed by Adani Digital. Other firms that recruited the candidates include BCG SEA, BCG India, Amazon, Pwc, Microsoft, Google, McKinsey, Monitor Deloitte, Arthur D. Little, EY-Parthenon, Eques Capital, Magicpin, UBS, Simlilearn, Genpact, OLA Electric, Indegene, Decimal Technologies, Flipkart, etc.
IIM Ahmedabad PGPX Placements 2022: Sector-Wise
In the 2020 PGPX placement, most of the students were placed in the Consulting sector and international offers were also given in the consulting sector. The table below shows the offers made in various sectors:
| Sector | Domestic Offers | International Offers | Total Offers |
|---|---|---|---|
| Automotive | 10 | 0 | 10 |
| BFSI Sector | 11 | 0 | 11 |
| Conglomerate | 1 | 0 | 1 |
| Consulting | 36 | 5 | 41 |
| ECommerce | 8 | 0 | 8 |
| Environment & Energy | 2 | 0 | 2 |
| Information Technology | 17 | 0 | 17 |
| Medica/ Entertainment | 1 | 0 | 1 |
| Online Services | 24 | 0 | 24 |
| Pharmaceutical/ Healthcare | 4 | 0 | 4 |
| Total | 114 | 5 | 119 |
IIM Ahmedabad PGPX Placements 2022: Function-Wise
The table represents the number of offers made to the PGPX students in various functions.
| Function | Domestic Offers | International Offers | Total Offers |
|---|---|---|---|
| Business Development | 3 | 0 | 3 |
| Consulting | 26 | 5 | 31 |
| Finance | 1 | 0 | 1 |
| General Management | 27 | 0 | 27 |
| Marketing/ Sales | 15 | 0 | 15 |
| Operations/ Supply Chain | 9 | 0 | 9 |
| Product Management | 12 | 0 | 12 |
| Strategy | 19 | 0 | 19 |
| System/ IT | 2 | 0 | 2 |
| Total | 114 | 5 | 119 |
IIM Ahmedabad PGPX Placements 2022: Top Recruiters
| BCG SEA | BCG India | Bain | PwC, | McKinsey |
| EY-Parthenon | Monitor Deloitte | Eques Capital | Adani Digital | Arthur D. Little |
| Amazon | Microsoft | OLA Electric | Magicpin | |
| UBS | Lenskart | Simplilearn | Accenture | Indegene |
| Persistent | ElasticRun | Decimal Technologies | Pravaig | Flipkart |
IIM Ahmedabad MBA Placements Year-Wise Salary Trend
The highest domestic package seems to decrease after 2019, but it increased in 2022 from the previous year. Whereas the average salary has only increased in these years.
The table below represents the year-wise domestic salary of IIM Ahmedabad:
| Category | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|
| Highest CTC | INR 61.48 LPA | INR 55 LPA | INR 55 LPA | INR 70 LPA |
| Average CTC | INR 32.79 LPA | INR 27.54 LPA | INR 26.12 LPA | INR 25.83 LPA |
| Median CTC | INR 31.59 LPA | INR 27.60 LPA | INR 25 LPA | INR 24 LPA |
| Minimum CTC | INR 17.50 LPA | 11 LPA | INR 16 LPA | INR 15 LPA |
The international highest package has also decreased since 2020, but the average CTC has been showing continuous growth.
The table below represents the year-wise international salary of IIM Ahmedabad:
| Category | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|
| Highest CTC | INR 1.16 CPA ($1,40,599) | INR 1.27 CPA ($1,54,355) | INR 1.49 CPA ($1,80,645) | INR 97.35 LPA ($1,17,631) |
| Average CTC | INR 89.71 LPA ($1,08,405) | INR 81.90 LPA ($98,962) | INR 69.68 LPA ($84,200) | INR 66.24 LPA ($80,050) |
| Median CTC | INR 86.97 LPA ($1,05,096) | INR 86.75 LPA (1,04,833) | INR 64.22 LPA ($77,602) | INR 65.87 LPA ($79,602) |
| Minimum CTC | INR 40.55 LPA ($49,000) | INR 24.80 LPA ($29,972) | INR 35.15 LPA ($42,478) | INR 40.55 LPA ($49,000) |
IIM Ahmedabad Summer Internship Placements for PGP MBA Batch 2021-23
The summer internship placement for MBA batch 2021-23 was held in 3 clusters. A total of 132 companies visited and were divided into 20 cohorts. The students were given the flexibility to choose to build careers in their preferred sectors and thus around 120 students made over 220 dream applications.
The highlights of the PGP MBA summer internship placement 2021-23 are mentioned below:
| Particulars | Summer Internship Placement 2021-23 |
|---|---|
| Total Students | 389 |
| No. of Recruiters | 132 |
| No. of New Recruiters | 53 |
| No. of Roles Offered | 219 |
| Total Dream Applications | 220 |
| Top Recruiters | BCG, Bain & Company, Pwc, GEP, Synergy Consultant, Goldman Sachs, True North, Xander Group, HUL, Samsung Electronics, Airtel, Amazon, TCS, Ola Electric, etc. |
Boston Consulting Group was the top recruiter with 25 offers in the management consulting domain, followed by Bain & Company with 20 offers in the same domain. The students were offered 219 different roles by the firms and the summer internships placement record hit 100%.
IIM Ahmedabad Summer Internship Placements for PGP MBA Batch 2021-23: Sector Wise
| Sectors | No. of Offers |
|---|---|
| BFSI | 76 |
| Conglomerates | 35 |
| Consulting | 139 |
| Consumer Goods (FMCG) | 54 |
| Consumer Services | 2 |
| Engineering/ Technology | 11 |
| Environment & Energy | 3 |
| Information Technology (IT) | 20 |
| Manufacturing | 7 |
| Media/ Communications | 6 |
| Online Services | 3 |
| Consumer Tech | 1 |
| E-Commerce | 13 |
| Education Tech | 1 |
| Enterprise Tech | 1 |
| Retail B2B & B2C | 1 |
| Social Purpose Organization | 2 |
| Pharmaceutical/ Healthcare | 10 |
| Telecom | 4 |
| Total | 389 |
IIM Ahmedabad MBA Summer Internship Placements 2023 Function-Wise
| Function | No. of Offers |
|---|---|
| Business Development | 8 |
| Consulting | 153 |
| Finance | 70 |
| General Management | 41 |
| Marketing/ Sales | 59 |
| Automobiles | 3 |
| Content Strategy & Analytics | 1 |
| Data and Process Analyst | 1 |
| Investment Banking | 1 |
| Transaction, Strategy & Execution | 2 |
| Product/ Category Management | 36 |
| Research & Advisory | 3 |
| Strategy | 9 |
| Operations/ Supply Chain Management | 1 |
| Systems/ IT | 1 |
| Total | 389 |
IIM Ahmedabad MBA Summer Internship Placements 2023 Company Wise
| Cohorts | Top Recruiters | No. of Offers |
|---|---|---|
| Management Consulting | Boston Consulting Group | 25 |
| Bain & Company | 20 | |
| Advisory Consulting | Pwc | 10 |
| Consulting | GEP | 3 |
| Synergy Consulting | 3 | |
| Investment Banking and Market | Goldman Sachs | 9 |
| PE/ VE and Asset Management | True North | 3 |
| Xander Group | 3 | |
| Consumer goods, Consumer Electronics, and Consumer Services | HUL | 14 |
| Samsung Electronics | 9 | |
| Airtel | 4 | |
| Conglomerates | Tata Administrative Services | 7 |
| Retail B2B & B2C | Amazon | 11 |
| IT Consulting | TCS | 11 |
| Core Manufacturing and Infrastructure | Ola Electric | 5 |
IIM Ahmedabad MBA Summer Internship Placements 2023 Top Recruiters
| Cohorts | Top Recruiters |
|---|---|
| Management Consulting | Synergy Consulting, Auctus Advisors, Bain & Company, Boston Consulting Group, GEP Consulting, Kearney, KPMG, McKinsey & Company, etc. |
| Investment Banking & Markets Space | ABank of America, Citibank, Credit Suisse (India), Edelweiss Wealth Management, Goldman Sachs, JP Morgan, HSBC, Morgan Stanley, etc. |
| PE and VC | Blackstone, Gaja Capital, I Squared Capital, MYRA SHS Renewables, The Xander Group, True North, and White Oak Capital. |
| Consumer goods, Consumer Electronics, and Consumer Services | AB InBev, Airtel, Asian Paints, Coca-Cola, Colgate, Dabur, HUL, ITC, Kimberly Clark, Lenovo, Mondelez, Nestle, P&G, Puma, Reckitt Benckiser, Samsung Electronics, lata Sky and Wipro consumer care. |
| Conglomerates | Adani, Aditya Birla Group, Bajaj Group, JSW, Mahindra Group, RPG Group and Tata Administrative Services, |
| Retail B2B & B2C | Amazon, Udaan, eShakti, Flipkart, and Purplle |
| Pharma & Healthcare | Apicore, MedTeI Healthcare, Optum United Healthcare, PhableCare, Stryker India and Dr. Reddy’s |
| Consumer Tech | Electronic Arts, Gameskraft, and Winzo |
| Enterprise Tech | Adobe, Atlassian Corporation, IkigaiLabs, Microsoft, Oracle and Sprinklr |
| Banking & Insurance | ICICI Bank, Kotak Mahindra Bank, and Axis Bank. |
| IT Consulting | Tata Consultancy Services and InfoEdge |
| Core Manufacturing & Infrastructure | Vedanta and Ola Electric |
IIM Ahmedabad PGP FABM Summer Internship Placements 2023
A total of 45 companies visited for the summer internship placement of PGP-FABM batch 2021-23. The placement was completed within a day and all 47 students in the batch got placed. The students were offered various roles in sectors like Agro-Chemicals, Commodities, Food Supply Chain, Food industry, Agri consulting, e-Commerce, FMCG Retail, etc.
| Particulars | Placement Statistics |
|---|---|
| Total no. of Students | 47 |
| Number of Students Placed | 47 |
| Number of Recruiters | 45 |
| Major Sectors | Agro-Chemicals, Commodities, Food Supply Chain, Food industry, Agri consulting, e-Commerce, FMCG Retail, etc |
| Top Recruiters | FMC India Pvt. Ltd, Coromandel, IFFCO Kisan, Godrej Agrovet, P&G, Reckitt Benckiser, Nestle, Agri lOX, Udaan, Torq Commodities, and Yes Bank. |
IIM Ahmedabad PGP FABM Summer Internship Placements 2023 Sector Wise
The number of offers made to the PGP-FABM batch 2021-23 during the IIM Ahmedabad Summer Internship Placement is shown in the graph below:
IIM Ahmedabad PGP FABM Summer Internship Placements 2023 Function Wise
The number of offers made to the PGP-FABM batch 2021-23 during the summer internship placements is shown in the graph below:
IIM Ahmedabad Alumni Network
| Name of the Company | No. of Alumni |
|---|---|
| Amazon | 480 |
| McKinsey & Company | 219 |
| Boston Consulting Group | 215 |
| Bain & Company | 158 |
IIM Ahmedabad Placements FAQs
Ques. What is the Highest Package received at IIM Ahmedabad for MBA?
Ans. The Highest Package received at IIM Ahmedabad is INR 61.49 LPA (Domestic) and US $140,599 (International) for MBA for batch 2022.
Ques. Does IIM Ahmedabad offer Lateral Placements to its Students?
Ans. IIM Ahmedabad offers Lateral Placements to those students who have substantial Work Experience.
Ques. Who made the Maximum offers in the Placement Drive of 2023 at IIM Ahmedabad?
Ans. Mckinsey & Co. made the Maximum Number of Offers, followed by BCG. McKinsey & Co., made 34 offers, while BCG made 33 offers to the Students of IIM Ahmedabad.
Ques. How many Recruiters participated in IIM Ahmedabad Summer Internship Placement Drive?
Ans. 145 Recruiters took part in IIM Ahmedabad Summer Internship Placement Drive of 2022-24. 60 Recruiters took part in Phase 1, while 50 Companies were in Phase 2. Phase 3 saw 35 Companies.
Ques. How many offers were made in the Placement Drive of 2023 at IIM Ahmedabad?
Ans. Total 280 offers were made in the Placement Drive of 2023 at IIM Ahmedabad while 8 International offers were made.
Ques. How many Companies took part in the Lateral Process of IIM Ahmedabad?
Ans. A total of 36 Companies participated in the Lateral Process of IIM Ahmedabad. Companies came from diverse sectors including Technology, Banking, Finance, Consulting, and Analytics.
Ques. What were the Highlights of IIM Ahmedabad Placement Drive?
Ans. IIM Ahmedabad Placement Drive was conducted in 3 Clusters with Major Cohort in Consulting and the Top Recruiter for 2023 was McKinsey & Co.
Ques. Who were the Top Companies in Phase 1 of IIM Ahmedabad Summer Internship Placement Drive of 2022-24?
Ans. Boston Consulting Group was the Top Company in Phase 1 with 28 offers. Bain & Company came 2nd with 23 offers in Phase 1 of IIM Ahmedabad Summer Internship Placement Drive of 2022-24.
Ques. Who was the Top Recruiter in Cluster 2 & 3?
Ans. Essar Group made the highest number of offers in Cluster 2 while TCS made the highest offers in Cluster 3.
Ques. What were the Highlights of Cluster 2 in IIM Ahmedabad Placement Drive of 2023?
Ans. Essar Group made the Highest number of offers. Most offers were made in the Conglomerate sector, followed by FMCG / FMCD.
Ques. Which was the Highest Sector for 2023 Placement Drive at IIM Ahmedabad?
Ans. Consulting was the Highest Sector for 2023 Placement with 51 Offers.
Ques. How many Recruiters participated in IIM Ahmedabad Placement Drive of 2023?
Ans. 188 Recruiters participated in IIM Ahmedabad Placement Drive of 2023.
Ques. What were the Highlights of Cluster 3 in IIM Ahmedabad Placement Drive of 2023?
Ans. TCS made the highest offers (15) in the Consulting & Analytics Sector followed by BFSI Sector.
Ques. Who were the Top Recruiters in Phase 2 & 3 of IIM Ahmedabad Summer Internship Placement Drive of 2022-24?
Ans. 50 Companies took part in Phase 2 and Adani Group emerged as the Top Recruiter with 16 offers while TCS came out on top with 11 offers in Phase 3 of IIM Ahmedabad Summer Internship Placement Drive of 2022-24.
Ques. How many offers were made by Adani, TCS Company & Essar Group in IIM Ahmedabad Placement Drive of 2023?
Ans. Adani & TCS made 10 offers while Essar Group made 8 offers in IIM Ahmedabad Placement Drive of 2023.
Ques. How many recruiters participated in the IIM Ahmedabad Placement Drive of 2022?
Ans. 190 Recruiters took part in the IIM Ahmedabad Placement Drive of 2022.
Ques. How many offers were made during IIM Ahmedabad Placement Drive of 2022?
Ans. 382 Offers were made during IIM Ahmedabad Placements 2022 along with 7 International Offers.
Ques. Who were the Top Recruiting Sectors during IIM Ahmedabad Placement Drive of 2022?
Ans. Consulting & BFSI emerged as the Top Recruiting Sectors during IIM Ahmedabad Placement Drive of 2022.
Ques. What is the Average Package received at IIM Ahmedabad during Placement Drive of 2022?
Ans. The Average Package stood at INR 32.79 LPA (Domestic) and INR 89.71 LPA ($1,08,405) (International) during Placement Drive of 2022.
Ques. Who were the Top Recruiters during IIM Ahmedabad Placement Drive of 2022?
Ans. Boston Consulting Group, Accenture, Bain & Company, Bain & Company, Goldman Sachs, TAS, and TCS were some of the Top Recruiters during IIM Ahmedabad Placement Drive of 2022.
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IIM Ahmedabad: 30 Answered Questions
What are the investment banking companies recruiting at IIM Ahmedabad?
The first batch of the Summer Placement process for the PGP class of 2024 consisted of five domains namely investment banking and markets, management consulting, niche consulting, cards and financial advisory, and private equity, venture capital & asset management.
Top recruiters in the Investment Banking and Markets sector included
- Avendus Capital
- Bank of America
- Citibank
- Credit Suisse
- Estee Advisors
- Goldman Sachs
- JPMorgan Chase
- HSBC.
Goldman Sachs was the largest recruiter in Investment Banking and Markets cohort with 10 offers
Do IIM Ahmedabad students get the highest package in the world on an average?
On adjusting the PPP (purchasing power parity), one finds that IIMA graduates earn one of the highest packages in the world, on average. Their packages are at par with other top institutions of the world like Harvard, Booth School and INSEAD.
The living expenses in the US are 5 times higher compared to India. This must be taken into account when comparing the placement packages of Harvard with IIM Ahmedabad.
An average graduate from IIMA enjoys the same standard of living as that from prestigious foreign institutions like Harvard or UC’s Booth school. Even the highest packages of graduates from all these renowned foreign colleges are at par with those of IIMA students.
Is it a better choice for choosing FMS Delhi over IIM A or IIM B when compared to placement salary?
There is no question at all if you are optimising for salary in the short term. On average, you would earn more at IIM Ahmedabad and Bangalore than at FMS. In the long run, it will be much more dependent on you and a little bit on the profile you want to work in. However, ceteris paribus and on average IIM Ahmedabad or IIM Bangalore will earn more or as much as an FMS grad. Choose A or B if you want to maximise your placement salary.
Whether you should optimise for placement salary is a different question, and the answer depends on what you want to do with your life.
How is SPJIMR's placement report better than IIMs including IIM Calcutta and as good as IIM Ahmedabad (both Average and Median)?
Here are a few possible reasons why SPJIMR placements are better than or equally good as IIMs
- SPJIMR has a much smaller batch size in comparison to IIMs and thus the average rises.
- SPJIMR has a very rigorous selection process that filters the best students and the recruiters are well aware of this.
- SPJIMR enjoys a great location maximizing the exposure and opportunities rendered to the students.
- The students perform exceptionally well in the placement interviews and thus secure high packages.
It's important to note that these reasons are just based on speculations and it cannot be exactly determined why some placements are better than others.
Are placements at IIM Calcutta as good as that of IIM Ahmedabad?
I will mention the placement statistics of both and let you decide if IIM Calcutta has placements as good as that of IIM Ahmedabad.
|
Particulars |
IIM Calcutta |
IIM Ahmedabad |
|
Highest Package |
INR 1.15 CPA |
INR 1.15 CPA |
|
Average Package |
INR 35.07 LPA |
INR 34.36 LPA |
|
Top Recruiters |
Avendus Capital, Citi Bank, HSBC, Goldman Sachs |
Emaar, A91 Partners, BCG, PwC, KPMG, HSBC |
|
Total Offers |
573 |
280 |
Following are my insight from the above comparison:
- Almost all students of both institutes IIM Ahmedabad and IIM Calcutta are placed so there isn’t much difference.
- Moreover, the median packages are similar proving that the placement scenario is similar.
So I don’t think there is much difference between the placement scenarios at IIM Ahmedabad and IIM Calcutta.
How was your selection process at Guild Capital during IIM Ahmedabad placements?
My sister's friend reached out to the Guild Team for an internship in her 5th semester at IIM Ahmedabad. She wanted some experience in the field of venture capital. Luckily she got selected. Her boss suggested she get some experience in the consulting sector. She was in a dilemma when she received Guild's offer to join.
With no experience, she would be making a risky decision of opting out of the placement process. But she finally took the step and accepted Guild's offer. Today she has no regrets for the same and is well settled.
How are placements in IIM Ahmedabad?
The reason why IIM Ahmedabad is everyone’s dream college is because of its exceptionally good placement opportunities.
IIM Ahmedabad Placements 2022 Report
|
Number of Students Registered |
121 |
|
Number of Offers |
172 |
|
New recruiters |
20 |
|
Highest International Package |
$150297 |
|
Highest Domestic Package |
INR 75.2 LPA |
|
Median Package |
INR 36.2 LPA |
|
Increase in Median Package |
21% |
|
Major Sectors |
IT and Healthcare |
The major companies that visited IIM Ahmedabad for placements are BCG, Accenture Strategy, Paytm, PwC, OYO, etc.
How are the placements for engineers with no work experience at the IIMs, FMS Delhi and XLRI?
The two most important factors considered by recruiters during Placements at IIM ABC/FMS/XLRI are
- Brand of UG College - SRCC/Old IITs/BITS/CA
- High Academics - University RankHolders, City Toppers in Boards, or at least Department Rank Holders with 8.5+ in Engineering.
MBA scores are of much importance during Final Placements but are Not available during summer placement.
If you have passed the above criteria, you are most likely to land any job. Still, I have segregated the roles that require work experience and the roles that do not.
Roles that require work experience
- Operations/Supply chain/product management.
- Any role will require work experience if your above 2 criteria are not up to the mark.
Roles that do not require work experience
- Consulting
- Investment Banking
- PE/VC
- Marketing
- Corporate Finance roles
So most of the jobs do not require work experience. Even if they do only non-engineering work experience is of value unless you want to go into Operations/Supply chain/product management.
How much do the top B-schools like the IIMs FMS, MDI, XLRI, SP JAIN, JBIMS, IIFT, and NITIE inflate their placement reports?
In the placement process, it is not always the B-Schools that are responsible for reporting inflated packages, but rather the companies. The figure reported by placement cells is referred to as the "Cost to Company" (CTC) and not the take-home salary. This means that simply dividing the CTC by 12 is not an accurate reflection of what you will receive in your bank account each month.
CTC consists of two main components: fixed and variable. The fixed component includes your basic salary, HRA, TA, LTA, employer's contribution to the provident fund, joining bonus, retention bonuses, and ESOPs. The variable component is based on both your performance and the company's performance and is paid out in lump sums either yearly or half-yearly.
Your take-home salary at the end of each month is calculated as basic salary + HRA + TA + other allowances - provident fund deduction - tax. The remaining amount is given to you at the end of the year. To illustrate how companies may inflate their CTC figures, here are a few examples:
- Amazon:
Fixed component: 9 lakhs
Year 1 end retention bonus: 2 lakhs
Year 2 end retention bonus: 1.5 lakhs
ESOP: 5 lakhs to be paid over 3 years
Performance bonus: separate/not reported CTC: 17.5 lakhs
Take-home salary: 65-70k
- Goldman Sachs:
Fixed component + Variable component: 14.5 lakhs
Relocation: 2,00,000 INR (one-time payment)
Supplemental Salary: 3,50,000 INR (supplemental salary is an accrued bonus paid out in monthly installments pro-rated from the date of joining, only applicable during the first year of joining)
CTC: 20 lakhs
Take-home salary: 95-98k
- RBS India Development Center (Royal Bank of Scotland back-end):
Fixed component: 9 lakhs
Variable component: 10-20% of a fixed component
CTC: 10.8 lakhs
Take-home salary: 65-68k
As seen from the examples, despite Amazon having a CTC that is double that of RBS IDC, their take-home salary is the same. This is the typical way it works. The placement teams likely do not have much control over the process.
How do I get a package of 30 lakhs in the field of marketing, post MBA from IIMA/B/C, FMS, MDI, SPJIMR, and IIFT?
While many may shed their philosophies on how getting a high package should not be your ultimate goal and stuff, I am here with a different opinion. When you are investing a huge amount of money it is only right to expect a greater monetary benefit and a better lifestyle. So I have mentioned some techniques that will help you land a package of 30 LPA specifically in the field of marketing post-MBA from IIM ABC, FMS, MDI, SPJIMR, and IIFT.
- The first thing you need to do is lower your expectations as no marketing placements offer a package higher than 25 LPA. These highest offers are made by top firms like Reckitt Benckiser, HUL, P&G, and Asian Paints.
- You need to figure out what you really are after, a good marketing role or a high-paying job. If you are after the latter I suggest you go for big consulting firms like Mc Kinsey, BCG, or investment banks that offer 30+ LPA.
- But if it is the marketing role you are after, then make sure your resume reflects your marketing enthusiasm. This will further increase your chances of selection.
- Performing well in the competitions conducted by your desired company is another way to get a high-paying job.
- If the Final Placements are your last resort then make sure you have a stable and excellent CGPA. Many companies consider this factor while shortlisting.
These points will help you get your dream job but cannot necessarily guarantee it. It all ultimately depends on your efforts and obviously your luck.
Frequently Visited Companies
| Companies | |||
|---|---|---|---|
| Aditya Birla Group | Amazon | Bain & Company India Private Limited | Credit Suisse Business Analytics |
| Zynga | Accenture | Barclays Bank | Deutsche Bank |
| Goldman Sachs | ITC | JP Morgan | Microsoft |
| Morgan Stanley | UBS | Citi Bank | Hindustan Unilever Limited |
| Pepsico Holdings (I) Pvt. Ltd. | KPMG | Nestle India | Tata |
| Edelweiss | Nokia | Oliver Wyman | PWC |
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