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IIM Ahmedabad Placements 2023: Average Package: INR 36.2 LPA & Highest Package: INR 1.14 CPA
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.
IIM Ahmedabad Highest and Average Package
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IIM Ahmedabad: 28 Answered Questions
What are the investment banking companies recruiting at IIM Ahmedabad?
Few top bulge bracket investment banks like Goldman, JP Morgan, Citi, Morgan Stanley, BAML, Credit Suisse recruit at the analyst level at IIM Ahmedabad. The base salary of analysts is in the range of INR 35-40 lakhs. But you should know that getting into IDB has become quite difficult over the years. On average around 10 students get IDB offers from IIMA due to limited job openings.
Do IIM Ahmedabad students get the highest package in the world on an average?
Yes, IIM Ahmedabad graduates are among the highest-paid in the world. According to IIM Ahmedabad placements od recent years, students usually receive an average CTC of INR 27.60 LPA. The highest domestic CTC goes up to INR 55 LPA. While the median international package for the institute is USD 1.04 lakhs per annum.
The salary packages received by IIMA students can be compared to top B-School across the world such as Harvard, INSEAD, etc.
How is SPJIMR's placement report better than IIMs including IIM Calcutta and as good as IIM Ahmedabad (both Average and Median)?
This year's average annual salary of SPJMIR (cost-to-company) is INR 32.05 lakhs per annum, representing a 23% increase over last year's figure. The median annual salary was INR 30.10 lakhs per year, with over 59 percent of the batch receiving offers in excess of INR 30 lakhs per year and over 87 percent receiving offers in excess of INR 25 lakhs per year.
With the increasing intake of consulting firms, offers were extended to 91 students, the highest number ever reported by SPJIMR for a batch. Accenture Strategy, Alvarez & Marsal, Bain & Co., Boston Consulting Group, Deloitte, GEP, KPMG, Miebach, and PwC US Advisory were among the companies that took part.
According to the Indian Placements Reporting Standards (IPRS) audited report of IIM Ahmedabad placements 2021, the average salary offered to the PGP/MBA batch 2019-21 was INR 27.54 lakh per annum. The highest annual salary offered was INR 55.00 lakh, while the highest international salary offer was INR 1.16 crore. The average annual international salary offer was INR 74.80 lakh.
Every year, SPJIMR includes some additional component in addition to the MEP (MEP already includes non-cash, long-term, and performance-linked components as per IPRS standards), whereas IIMA does not.
Yes, SPJIMR benefits from NO reservation, a Mumbai location, and a smaller batch size, all of which contribute to a good placement record and a high average salary.
Which are the top 5 highest paying companies at IIM Ahmedabad?
The top-paying companies, generally belonging amongst the regular recruiters, are the multinational banks, usually offering job roles like investment banking (IB). Alongside that, the roles in Financial Marketing (FM), also pay well, considering the base destination is overseas. Now, this is in terms of direct conversion and not PPP.
There are several of these firms which are as follows:
- Goldman Sachs (mostly both IB and FM), Morgan Stanley (IB), J.P. Morgan (IB), Credit Suisse (mostly IB), BAML (IB and FM), and UBS (FM and Equity research) are to name a few handfuls among a slightly huge list.
- HSBC and Nomura commonly offer high-paying posts as well, given that they usually operate from overseas.
In addition to the aforementioned companies, there are various other recruiters, mostly scattered in the private equity arena (and a few handfuls in venture capital) who often choose to recruit rather sporadically and are common and pay well. Carlyle, Blackstone, Apollo are to name a few of them.
Nonetheless, the recruiters of the companies listed above usually pay typically anywhere between 35 to 60 LPA as the base salary. Astonishingly, the bonus is often over and above this amount.
How much salary do companies offer after studying from IIM Ahmedabad?
According to IIM Ahmedabad's previous year final placement report, the highest salary offered was Rs 55.88 lakh per annum, and the international salary was Rs 1.32 crore per annum. The IIM Ahmedabad placement process for the 2020 academic year was divided into three clusters. A total of 153 companies participated in IIM Ahmedabad's placement drive, offering 182 job roles to students who took part.
The IIMA placement committee invites top recruiters from around the world to visit the campus and recruit students for various positions. The placement committee also provides students with training through various activities such as workshops, group discussions, mock interviews, and many more. Several companies from various industries, including IT, telecom, consulting, FMCG, and digital media, participated in IIMA placements.
Are there international placements from IIM Ahmedabad placements?
IIM Ahmedabad had many students who secured international placements in cities across the world such as Dubai, Hong Kong, Singapore, Saudi Arabia, Malaysia, and Qatar, etc. in the placement year of 2020. International offers were made in the domains of consulting, finance, general management, and sales & marketing. The salary data are provided below -
- Highest International CTC – INR 1.32 Crore ($180,645)
- Average International CTC – INR 61.76 Lakhs ($84,200)
Some of the reputed companies that visited the campus are McKinsey & Co., BCG, MasterCard, JP Morgan, TCS, Amazon, Microsoft, FinIQ, RPG, etc.
All in all, you will get ample opportunities for securing an international offer from the campus itself.
What is the lowest package in IIM Ahmedabad? Are there graduates from IIM Ahmadabad who didn't manage to get any placements in spite of applying for the placement process?
It is difficult to answer this question. The demand for managers in India is continually plummeting and it is foreseeable that nothing would eventually happen even if the Indian business schools stopped producing any more managers.
Around 99.99% of the work done by management degree holders in India can be done by absolutely any graduate. So, introducing any other profile other than that can be a far-fetched dream already.
The lowest package of IIM Ahmedabad is probably 0 LPA. IIM Ahmedabad offers many courses like Agri-Business Management that do not have many recruiters. Also, because of reservation, the quality of graduates at IIM Ahmedabad has been definitely diluted.
Is it possible to get a job at McKinsey, Bain, BCG or A.T.Kearney 1 year after graduating from IIM Ahmedabad?
Yes, it is possible to get a job at McKinsey, Bain, BCG, or A.T.Kearney. You can apply directly through their website or referrals. If you are applying for a job in these companies go through the hiring rules thoroughly.
There is a waiting period of 24 months for two attempts at the recruitment process in McKinsey. The hiring procedure is similar to campus recruitment. You will have to go through case-type interviews. Based on the availability of the role, McKinsey conducts recruitment once or twice a year.
What is the average package a normal person gets in IIMs, XLRI, FMS or ISB Hyderabad?
Below is the average package information of IIMs, XLRI, FMS, and ISB Hyderabad.
| Institute | 2022 Median CTC (in INR) |
| IIM Ahmedabad | 26.5 LPA |
| IIM Bangalore | 28.98 LPA |
| IIM Calcutta | 31 LPA |
| XLRI | 29 LPA |
| FMS | 30 LPA |
| ISB Hyderabad | 27 LPA (2021) |
The average placement scenario for these institutes varies each year. As there are multiple factors at play, like specialization, recruiting companies, student crowd, etc.
Are placements at IIM Calcutta as good as that of IIM Ahmedabad?
Yes, IIM Calcutta placement statistics are similar to that of IIM Ahmedabad. The placement average for both campuses is 100% and similar salary packages are offered. During the 2022 placement drive the median CTC offered at IIM Ahmedabad was INR 36.2 LPA. For IIM Calcutta, the average CTC offered this year was INR 34.2 LPA.
Students of IIM C prefer Investment Banking and PE more, this is why the placement rate for consulting is lower.
frequently visited companies
| Companies | |||
|---|---|---|---|
| Aditya Birla Group testing root | 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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