IIM Ahmedabad PGPX Placement Report 2024
TheplacementprocessforthegraduatingbatchoftheOneYearPost-Graduate PrograminManagementforExecutives(PGPX)atIIMAhmedabadwassuccessfully completedinJune2024.Thisreportprovidesacomprehensiveoverviewofthe placementstatisticsfortheeighteenthbatchofPGPX,auditedaccordingtothe IndianPlacementReportingStandards(IPRS).
Placement Overview
147 Students Eligible
Totalstudentsgraduatingin2024
126 Sought Placement Throughtheinstitute'splacement process
121 Offers Accepted Successfulplacementsthrough theinstitute
105 Companies Totalcompaniesthatvisited campus
ThePGPXplacementsstartedinthelastweekofNovember2023withmostofthehiringcompletedinthewave(4dayshiringevent),followedby hiringonarollingbasisuntiltheendofJune2024.
Student Classification
TheparticipantsoftheeighteenthbatchofIIMAPGPXcomprisedofcandidatesfrom diverseindustriesandfunctionswithexperiencerangingfrom4yearsto15years.
21 Students Did Not Seek Placement
Company-sponsoredoralreadyemployed:7
Entrepreneurship(Startinganewbusiness):3
Returningto/joiningfamilybusiness:2
Seekingplacementoutsidecampusprocess:9
126 Students Sought Placement
121studentsreceivedandacceptedoffers
5studentsremainedunplaced
Sector-wise Classification
Function-wise Classification
Consulting
36offers(29.8%)
Product/Category Management 16offers(13.2%)
Marketing/Sales
14offers(11.6%) General Management 14offers(11.6%)
11offers(9.1%)
9offers(7.4%)
OtherfunctionsincludedSystems/IT(7offers),Finance(6offers),Others/Analytics(5offers),andHR(3offers).Consultingwasthemostdominant function,followedbyProduct/CategoryManagement.
Location-wise Classification
Domestic Placements
119offers(98.3%)
Bengaluru:45offers
Mumbai:24offers
DelhiNCR:20offers
Pune:11offers
Ahmedabad:8offers
Chennai:6offers
Hyderabad:5offers
International Placements
2offers(1.7%)
Frankfurt:2offers
Domestic Salary Statistics (INR)
29.6L
Mean Fixed Yearly Cash Range:19.2L-40.9L
3.5L
Mean One-time Cash Range:1L-12.5L
31.8L
Mean Total Guaranteed Range:19.2L-46.5L
36.4L
Mean Maximum Potential
Range:21.5L-54.8L
Thedomesticsalarystatisticsshowcompetitivecompensationpackagesacrossallsectors,withtheMaximumEarningPotential(MEP)including performance-linkedvariablepayandothercomponentslikeESOPsandperks.
International Salary Statistics (USD)
Fixed Yearly Cash Component
$88,669(Min,Max,Median,Mean)
Total Guaranteed Cash Component
$88,669(Min,Max,Median,Mean)
Maximum Earning Potential
$126,564(Min,Max,Median,Mean)
InternationalofferswerelimitedtoFrankfurt,Germany,with consistentcompensationpackagesforthe2placements.
IIMA PGPX Top Recruiting Companies
Atotalof105companiesvisitedthecampusthisyeartomake150+offers.Outof these105companies,67visitedtheprogramforthefirsttime.
FirmsthatrecruitedincludedAccenture,AdaniGroup,ArthurDLittle,Amazon,Aptiv, OpenFinancialTechnologies,BlueRidge,Cognizant,Datawrkz,DevRev,EliLilly,Ens Lifesciences,ExxonMobil,FinIftGenpact,HindustanCocaColaBeverages,HDFC Credila,IIMAEndowmentFund,iioFinancialServices,KPMG,Lumiq,McKinsey, Merilytics,NextBharatVentures,PersistentSystems,RPGGroup,RxConsultants, Shell,StarHealth,SunPharma,TakshashilaConsulting,TataPower,Tecnotree,Tiger Analytics,Tor.AI,TraceLink,TVS,ValmoreActionAdvisory,WellsFargo,Xynteo,and Zomato.
Top Hiring Companies
Accenture
Oneofthetoprecruiterswith multipleoffersacrossconsultingand technologyroles
RPG Group
Amongthecompanieswithhighest numberofoffers
Persistent Systems
Mademultipleoffersfortechnology andmanagementpositions
Eli Lilly
Majorpharmaceuticalrecruiterwith multipleoffers
Adani Group
Significantrecruiterwithoffersacross variousbusinessverticals
IIMA PGPX Admit Journeys
IIMAPGPXWalkthrough https://youtu.be/gDCZQmYbNT4
IIMAPGPXadmitProductbackgroundhttps://youtu.be/5uLVrDvptTA
IIMAPGPXAdmitProductManagementhttps://youtu.be/JqoR6Dl4x3c
IIMAPGPXandISBEnergySector -https://youtu.be/hSc6ehb8wLI
IIMAPGPXAdmitDefenceSector-https://youtu.be/bVp-HA2sM88
IIMAPGPXAdmitTechSector-https://youtu.be/R-7gyD_zUlY
IIMAPGPXEnergySectorAdmit-https://youtu.be/-ol4uxFqWFk
IIMAPGPXAnalyticsBackground-https://youtu.be/bUeT7Wb5gzk
IIMAPGPXAutomotiveSectorAdmithttps://youtu.be/SMem5yxe9P0
IIMAPGPXTechsectoradmit-https://youtu.be/8jcP9VAeCog
IIMAPGPXAdmit-EntrepreneurshipBackgroundhttps://youtu.be/6tmLvKIPwys
IIMAPGPXPanelDiscussion-https://youtu.be/c8at4HltMWo
Sector-wise Salary Analysis (Domestic)
Highest Mean Fixed Yearly Cash
FMCG:¹37.5Lakhs
Pharmaceutical/Healthcare:¹35.1Lakhs
Automotive:¹33.5Lakhs 2
Highest Mean Total Guaranteed Cash
Pharmaceutical/Healthcare:¹39.8Lakhs
FMCG:¹39.5Lakhs
Automotive:¹38.5Lakhs
3
Highest Mean Maximum Earning Potential
FMCG:¹49.0Lakhs
Automotive:¹42.0Lakhs
Pharmaceutical/Healthcare:¹42.3Lakhs
FMCG,Pharmaceutical/Healthcare,andAutomotivesectorsofferedthemostcompetitivecompensationpackagesacrossallsalarycomponents.
Location-wise Salary Analysis (Domestic)
Top Locations by Mean Maximum Earning
Potential
Hyderabad:¹42.4 Lakhs1.
Bengaluru:¹38.8 Lakhs2.
DelhiNCR:¹36.4 Lakhs3.
Chennai:¹35.6 Lakhs4.
Mumbai:¹34.4 Lakhs5.
Hyderabademergedasthelocationofferingthehighestcompensation packages,followedbyBengaluruandDelhiNCR.
Salary Statistics at Purchasing Power Parity
Toprovideafaircomparisonbetweendomesticandinternationaloffers,salarieswerealsoanalyzedusingPurchasingPowerParity(PPP) conversionratesfromtheWorldDevelopmentIndicatorsdatabaseoftheWorldBank.
$157,230
$116,995
$180,114
$166,995
Mean PPP-Adjusted
Total Guaranteed Cash (INR)
Range:$94,891-$230,143
Mean PPP-Adjusted
Total Guaranteed Cash (Non-INR)
Consistentacrossinternational offers
Mean PPP-Adjusted Maximum Earning Potential (INR)
Range:$106,153-$271,019
Mean PPP-Adjusted Maximum Earning Potential (Non-INR)
Consistentacrossinternational offers