IIM A Placements 2019 (MBA for Executives/ 1 Year MBA / ): Rs 60 Lac Highest, Rs 30 Lac Avg. India Salary

IIM Ahmedabad 2019 Placements – 1 Year MBA / MBA for Executives (PGPX) – Full Report

Contents

IIM Ahmedabad has released the placement report for the One Year MBA / MBA for Executives (Post Graduate Program for Executives – PGPX) Class of 2019 on August 6, 2019.

IIM Ahmedabad is one of the few B-Schools to adhere to the Indian Placement Reporting Standards (IPRS) as per which placement numbers are provided as per a pre-approved standard format and the all placement numbers are are audited for accuracy by an external agency. The IIM Ahmedabad 1 Year MBA / PGPX Placement Report 2019 has been audited by the Brickwork Ratings India Pvt Ltd.

The final placement process for the Class of 2019 of the IIM Ahmedabad One Year MBA Programme, the full-time Post Graduate Programme in Management for Executives (PGPX), started in November 2018 and was completed in June end 2019.

IIM A 1 Year MBA / MBA for Executives Placements 2019 – Highlights

Higher domestic salary in 2019 compared to 2018: IIM Ahmedabad has shared that the highest domestic salary for One Year MBA / MBA For Executives (PGPX) has also gone up to Rs.60 Lacs per annum in 2019 as compared to Rs.54.6 LPA in 2018

Higher international Salary in 2019 compared to 2018: The international package of $ 109,666 (Rs.76.76 lakhs) is much higher than the highest package of $70,252 bagged by a student in 2018
The highest international salary figure is the same as the average international salary figure as there was only 1 international offer

Average domestic salary for PGPX in 2019: Rs.30,35,708
Minimum Domestic Salary for PGPX in 2019: Rs 17,00,000
75 Recruiters offered 290 different roles
27 New Recruiters made offers in Placement 2019
114 offers were accepted by the students
One student was offered International Placement in Europe
Top Recruiters:McKinsey, Microsoft, Amazon, Ericsson, Google, Accenture, Adani Group, Adidas AG, Genpact, HSBC, ICICI Bank, Infosys, OYO, Uber
20 students of IIM Ahmedabad one year programme (PGPX) did not seek placements through the institute

Roles Offered

Recruiters selected candidates for their mid-senior and senior level management positions.

Students were offered positions such as Group CFO, Vice President, Director-Sales, Associate Vice‑President, General Manager, Head of Operations, Principal Consultant, Senior Manager, Product Manager, and Implementation Coach.

Top Recruiters

75 firms offered 290 different roles in IIM Ahmedabad’s one year MBA / PGPX Placement 2019.

Accenture, RPG Group and Innoviti Payment Solutions made the largest number of offers.

Firms that made offers at IIM Ahmedabad one year MBA / PGPX placements 2019 included: Accenture, Adani Group, Adidas AG, Amazon, ElasticRun, Ericsson, Flipkart, Google, Genpact, Govt. of Andhra Pradesh, Hindustan Coca-Cola Beverages, Honeywell, HSBC, ICICI Bank, Indegene, Infosys, Innoviti Payment Solutions, KEC International, Lodha Group, Mastercard, McKinsey, Microsoft, Omniactive, OYO, Punjab Bureau of Investment Promotion, Persistent Systems, Riddhi Siddhi Group, Uber among others.

Students starting their own ventures

Three students this year have opted to pursue entrepreneurship.

Two of these will work on their venture under the guidance and mentor-ship of Centre for Innovation Incubation and Entrepreneurship (CIIE). The three students taking up entrepreneurship have been provided a placement holiday for two years.

A placement holiday allows students to come back to campus for placement in-case their venture does not take off and they want to return to corporate jobs.

Top Domains & Sectors

The graduating students accepted a total of 114 offers from firms across sectors such as Consulting, BFSI, Conglomerates, FMCG, E-Commerce, Technology, IT and ITeS, Energy, Logistics, Pharma, FinTech and Real Estate.

Information Technology firms formed the largest sector of offers with 47 offers rolled out, followed by BFSI, Engineering/Technology, and Online Services with 15, 11, and 9 offers respectively.

Rising Demand from Recruiters

Prof. Amit Karna, Chairperson of the Placement Committee said, “We were pleased to note that 27 new recruiters were able to successfully participate in our campus placement process and hire the best talent for their organizational needs.”

Pramathesh Shukla, PGPX Recruitment Secretary said, “In line with the global recruitment trends, we are witnessing a growing demand for candidates from programmes like PGPX in organizations. This year along with the traditional sectors such as IT, Consulting, Telecom and FMCG, we also witnessed substantial growth in offers from E-commerce and FinTech sectors.”

Past Placement Records

IIM Ahmedabad PGPX 2019-2020 Batch Profile

The participants of the thirteenth batch of IIM Ahmedabad one year MBA (PGPX) came from varied backgrounds with rich experience ranging from 5 to 17 years.

- Total candidates admitted: 140 students
- 108 Male candidates and 32 Females
- Average Age: 32 Years
- Average Work Experience: 8.9 Years
- Diverse work experience: 21 Industries and 140 companies represented
- Average International Experience possessed by Students 1.5 Years
- 9.29% of NRIs admitted reside outside India, spread across 6 countries
- 35% of the batch has worked abroad before joining IIMA PGPX 2019
- Average GMAT Score: 702
- Average GRE Score: 320

Course Profile – 1 Year MBA / MBA for Executives (PGPX) At IIM Ahmedabad

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 designed by the Indian Institute of Management Ahmedabad for bright, enthusiastic, and aspirational executives with substantial professional experience.

For the past five years including 2019, 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 in the annual Financial Times Global MBA Ranking.

Placement Facts:

Classification of Entire Placement pool

Categories	Number
1. Number of Eligible students	137
1a. Number of students graduating in 2019	137
1b. Number of ITEC* programme scholars	0
1c. Number of students returning from placement holidays	0
2. Number of students who did not seek placement through the institute	20
2a. Company sponsored or already employed	0
2b. Continuing education	0
2c. Postponing job search / seeking placement holiday	1
2d. Entrepreneurship (starting a new business )	2
2e. Returning to / joining family business	0
2f. Seeking placement outside the campus placement process	17
3. Total who sought placements through the institute	117
4. Total offers accepted	114
5. Number Unplaced if any	3

* Indian technical and economic corporation (ITEC) program scholarship recipients are participants from developing countries who return to their respective nations post successful completion of the program.

Location-wise classification

Location	Number of offers Accepted
India	113
Europe	1
Total	114

Location-wise classification (Domestic)

Locations in India	Number of offers Accepted
Ahmedabad	7
Bengaluru	35
Chandigarh	3
Chennai	4
Hyderabad	7
Jaipur	2
Mumbai	15
Delhi NCR	23
Pune	12
Rest of India*	5
Total	113

* Rest of India Includes Indore, Kanpur, Kolkata, Mundra & Vijaywada

Sector-wise Classification

Total number of offers

Sector	Domestic	International	Total
BFSI	15	0	15
Conglomerate	3	0	3
Consulting	2	0	2
Consumer Goods (FMCG)	2	1	3
Engineering / Technology	11	0	11
Environment & Energy	2	0	2
Information Technology	47	0	47
Logistics	4	0	4
Manufacturing	4	0	4
Online services	9	0	9
Pharmaceutical / Healthcare	3	0	3
Real State	4	0	4
Telecom	3	0	3
others*	4	0	4
Total	113	1	114

*Others includes Government funded bodies and institutes

Function-wise classification

Function	Domestic	International	Total
Business Development	5	0	5
Consulting	5	0	5
Finance	15	0	15
General Management	22	0	22
Market / sales	15	0	15
Operations	15	0	15
Research & Advisory	1	0	1
Strategy	5	0	5
Supply Chain Management	4	0	4
System / IT	22	1	23
others*	4	0	4
Total	113	1	114

*Others includes EA to CXO & Business analytics functions

Salary Heads – Domestic INR

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Salary Head	Min	Max	Median	Mean	Data
Fixed yearly cash component	15,42,540	40,00,000	23,39,172	23,91,997	113
One Time Cash Payment	40,000	7,00,000	2,50,000	2,82,893	43
Total Guaranteed Cash Component	15,42,540	44,00,000	24,00,000	24,99,646	113
Maximum earning Potential	17,00,000	60,00,000	30,00,000	30,35,708	113

Salary Heads – International (US$)*

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Salary Head	Min	Max	Median	Mean	Data
Fixed yearly cash component	84,271	84,271	84,271	84,271	1
One Time Cash Payment	12,775	12,775	12,775	12,775	1
Total Guaranteed Cash Component	97,026	97,026	97,026	97,026	1
Maximum earning Potential	109,666	109,666	109,666	109,666	1

* For international salaries, all conversations to US$ are made as per average of closing rates on 25th June 2019

Data is sourced from international monetary fund (IMF). Link: https://www.imf/external/np/fin/data/rms_mth.aspx?SelectDate=2019-06-25&ReportType=REP

Salary Statistics at purchasing power parity(PPP)*

Salary in US$ in PPP	Min	Max	Median	Mean	Data
INR Salary (Total Guaranteed Cash Component)	85,223	243,094	132,597	138,102	113
Non-INR Salary (Total Guaranteed Cash Component)	106,500	106,500	106,500	106,500	1
Combined INR and Non-INR Salary (Total Guaranteed Cash Component)	85,223	243,094	132,597	137,825	114
INR salary (Maximum earning potential)	93,923	331,492	165,746	167,719	113
Non-INR Salary (Maximum earning potential)	120,375	120,375	120,375	120,375	1
Combined INR and Non-INR Salary (Maximum earning potential)	93,923	331,492	165,746	167,303	114

Salary statistics at purchasing power parity(PPP) adjusted exchange rates

* As per PPP conversation rate of 2018 for all the available currencies from the World Development Indicators (WDI) database of the world bank.

Data is sourced from http://wdi.worldbank/table/4.16

Sector-wise classification

Fixed Yearly Cash Component Domestic INR

Sector	Min	Max	Median	Mean	Data
BFSI	15,42,540	26,50,000	22,50,965	21,34,355	15
Conglomerate	18,72,000	25,78,140	20,59,200	21,69,780	3
Consulting	22,50,000	29,92,000	26,21,000	26,21,000	2
Consumer Goods (FMCG)	28,96,233	29,36,070	29,16,152	29,16,152	2
Engineering / Technology	18,19,356	23,59,925	21,65,928	21,35,932	11
Environment & Energy	24,21,420	30,00,000	27,10,710	27,10,710	2
Information Technology	15,87,648	40,00,000	22,29,504	23,62,799	47
Logistics	22,78,400	25,06,400	23,89,200	23,90,800	4
Manufacturing	19,56,710	32,35,242	29,20,779	27,58,378	4
Online services	24,00,000	35,00,000	25,50,000	26,43,688	9
Pharmaceutical / Healthcare	33,61,320	37,00,000	31,61,320	34,74,213	3
Real State	28,27,980	35,00,000	30,07,980	30,85,985	4
Telecom	19,65,852	23,40,300	19,65,852	20,90,668	3
Others*	18,00,000	19,00,000	18,00,000	18,25,000	4

*Others includes Government funded bodies and institutes

One Time Cash Payment Component Domestic in INR

Sector	Min	Max	Median	Mean	Data
BFSI	1,50,000	2,50,000	2,50,000	2,16,667	3
Conglomerate	2,00,000	2,00,000	2,00,000	2,00,000	1
Consulting	1,00,000	1,00,000	1,00,000	1,00,000	1
Consumer Goods (FMCG)	--	--	--	--	--
Engineering / Technology	--	--	--	--	--
Environment & Energy	--	--	--	--	--
Information Technology	40,000	5,00,000	3,00,000	2,66,013	29
Logistics	--	--	--	--	--
Manufacturing	5,00,000	5,00,000	5,00,000	5,00,000	2
Online services	2,00,000	7,00,000	7,00,000	5,33,333	3
Pharmaceutical / Healthcare	3,00,000	3,00,000	3,00,000	3,00,000	1
Real State	--	--	--	--	--
Telecom	2,00,000	2,00,000	2,00,000	2,00,000	3
Others*	--	--	--	--	--

*Others includes Government funded bodies and institutes

Sector-wise Classification of Total Guaranteed Cash Component-Domestic(INR)

Sector	Min	Max	Median	Mean	Data
BFSI	15,42,540	26,50,000	22,50,965	21,77,689	15
Conglomerate	18,72,000	25,78,140	20,59,200	22,36,447	3
Consulting	22,50,000	29,92,000	26,71,000	26,71,000	2
Consumer Goods (FMCG)	28,96,233	29,36,070	29,16,152	29,16,152	2
Engineering / Technology	18,19,356	23,59,925	21,65,928	21,35,932	11
Environment & Energy	24,21,420	30,00,000	27,10,710	27,10,710	2
Information Technology	15,87,648	44,00,000	24,00,000	25,26,935	47
Logistics	22,78,400	25,06,400	23,89,200	23,90,800	4
Manufacturing	24,56,710	32,35,242	31,70,779	30,08,378	4
Online services	24,00,000	35,00,000	28,78,400	28,21,466	9
Pharmaceutical / Healthcare	33,61,320	40,00,000	33,61,320	35,74,213	3
Real State	28,27,980	35,00,000	30,07,980	30,85,985	4
Telecom	21,65,852	25,40,300	21,65,852	22,90,668	3
Others*	18,00,000	19,00,000	18,00,000	18,25,000	4

*Others includes Government funded bodies and institutes

Maximum Earning Potential Domestic (INR)

Sector	Min	Max	Median	Mean	Data
BFSI	17,00,000	31,25,000	24,00,000	24,96,755	15
Conglomerate	20,00,000	33,00,032	22,00,000	25,00,011	3
Consulting	26,50,000	37,00,000	31,75,000	31,75,000	2
Consumer Goods (FMCG)	33,00,000	35,58,667	34,29,334	34,29,334	2
Engineering / Technology	21,00,000	30,00,000	25,50,024	25,21,920	11
Environment & Energy	29,99,999	60,00,000	45,00,000	45,00,000	2
Information Technology	20,60,004	53,00,000	30,00,000	31,94,309	47
Logistics	24,66,667	29,66,667	25,39,334	26,28,000	4
Manufacturing	28,00,000	35,00,000	32,00,000	31,75,000	4
Online services	30,00,000	42,75,307	35,00,000	35,41,318	9
Pharmaceutical / Healthcare	40,00,000	40,00,000	40,00,000	40,00,000	3
Real State	25,00,028	48,12,500	25,00,028	38,28,146	4
Telecom	26,15,000	30,74,995	21,65,852	27,68,332	3
Others*	18,00,000	19,00,000	18,00,000	18,25,000	4

*Others includes Government funded bodies and institutes

Sector-wise classification of Salary International in US$

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Sector	Min	Max	Median	Mean	Data
Consumer Goods (FMCG)	84,271	84,271	84,271	84,271	1

One Time Cash component International in US $

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Sector	Min	Max	Median	Mean	Data
Consumer Goods (FMCG)	12,775	12,775	12,775	12,775	1

Total Guaranteed Cash component International in US $

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Sector	Min	Max	Median	Mean	Data
Consumer Goods (FMCG)	97,026	97,026	97,026	97,026	1

Maximum Earning potential International in US $

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Sector	Min	Max	Median	Mean	Data
Consumer Goods(FMCG)	109,666	109,666	109,666	109,666	1

Function-wise classification:

Fixed yearly cash component Domestic (In INR)

Function	Min	Max	Median	Mean	Data
Business Development	18,72,000	28,80,000	23,39,172	24,24,665	5
Consulting	15,87,648	29,92,000	19,65,852	21,06,908	15
Finance	18,75,804	35,00,000	26,50,000	27,53,489	5
General Management	17,00,000	35,00,000	23,49,129	23,92,465	22
Market / sales	18,78,384	29,36,070	23,40,220	24,14,685	15
Operations	17,00,000	37,00,000	24,00,000	24,12,125	15
Research & Advisory	30,00,000	30,00,000	30,00,000	30,00,000	1
Strategy	17,02,824	30,00,000	19,73,220	21,33,312	5
Supply Chain Managemnet	18,19,356	26,41,558	22,46,330	22,38,394	4
System / IT	15,42,540	40,00,000	26,14,200	25,85,635	22
others*	18,90,000	24,21,420	19,74,685	20,65,198	4

*Others includes EA to CXO & Business analytics functions

One Time Cash Payment Component

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Function	Min	Max	Median	Mean	Data
Business Development	--	--	--	--	--
Consulting	1,00,000	3,00,000	2,00,000	2,22,222	9
Finance	--	--	--	--	--
General Management	1,50,000	4,00,000	2,25,000	2,37,500	8
Market / sales	40,000	2,08,871	1,75,517	1,32,878	5
Operations	1,00,000	4,00,000	3,25,000	2,81,250	8
Research & Advisory	5,00,000	5,00,000	5,00,000	5,00,000	1
Strategy	4,50,000	4,50,000	4,50,000	4,50,000	1
Supply Chain Managemnet	5,00,000	5,00,000	5,00,000	5,00,000	1
System / IT	1,50,000	7,00,000	3,00,000	3,77,778	9
others*	5,00,000	5,00,000	5,00,000	5,00,000	1

*Others includes EA to CXO & Business analytics functions

Total guaranteed Cash Component

Function	Min	Max	Median	Mean	Data
Business Development	18,72,000	28,80,000	23,39,172	24,24,665	5
Consulting	15,87,648	30,00,000	21,65,852	22,40,242	15
Finance	18,75,804	35,00,000	26,50,000	27,53,489	5
General Management	17,00,000	35,00,000	23,79,963	24,78,829	22
Market / sales	18,78,384	29,93,814	25,15,737	24,58,977	15
Operations	19,00,000	40,00,000	24,00,000	25,62,125	15
Research & Advisory	35,00,000	35,00,000	35,00,000	35,00,000	1
Strategy	17,02,824	34,50,000	19,73,220	22,23,312	5
Supply Chain Managemnet	18,19,356	31,41,558	22,46,330	23,63,394	4
System / IT	15,42,540	44,00,000	27,00,000	27,40,181	22
others*	18,90,000	24,56,710	22,07,040	21,90,198	4

*Others includes EA to CXO & Business analytics functions

Maximum earning potential

Function	Min	Max	Median	Mean	Data
Business Development	20,00,000	36,00,000	27,00,000	29,00,006	5
Consulting	18,00,000	40,14,000	26,15,000	26,16,920	15
Finance	20,00,000	35,00,000	30,47,500	29,31,900	5
General Management	17,00,000	60,00,000	30,00,000	30,81,478	22
Market / sales	23,33,409	38,00,000	32,00,000	30,42,405	15
Operations	22,00,000	45,00,000	30,00,000	32,06,975	15
Research & Advisory	44,90,000	44,90,000	44,90,000	44,90,000	1
Strategy	23,45,756	38,41,004	30,41,000	31,83,753	5
Supply Chain Managemnet	21,00,000	32,00,000	26,33,354	26,41,677	4
System / IT	20,10,372	53,00,000	3,00,000	32,68,775	22
others*	21,00,000	29,99,999	25,50,020	25,50,010	4

*Others includes EA to CXO & Business analytics functions

Function-wise classification of Salary International in US$

Fixed Salary Cash Component

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Function	Min	Max	Median	Mean	Data
System / IT	84,271	84,271	84,271	84,271	1

One Time Cash component

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Function	Min	Max	Median	Mean	Data
System / IT	12,775	12,775	12,775	12,775	1

Total Guaranteed cash component

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Function	Min	Max	Median	Mean	Data
System / IT	97,026	97,026	97,026	97,026	1

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Function	Min	Max	Median	Mean	Data
System / IT	109,666	109,666	109,666	109,666	1

Description of salary heads

a) Fixed yearly cash component:

This is the total annual basic salary and additional guaranteed cash components. These additional components include cash payments and allowances that are part of the annual package. The term guaranteed signifies that the amount is certain unless there is an overall pay revision. The components falling under this salary head are final and not related to the performance.

b) One Time cash payment:

This head indicates the value of the remuneration given to a candidate as one-time cash benefit mostly at the time of joining.

c) Total Guaranteed Cash Component:

This is the sum of fixed yearly cash component and one time and one time cash payment.

d) Maximum earning potential:

This is the sum of total guaranteed cash component, maximum possible-linked variable pay and all other components of the salary that are part of the offer. This can include PF, gratuity, and other perks as well.

Source 1

Summary

Article Name

IIM A Placements 2019 (MBA for Executives/ 1 Year MBA / ): Rs 60 Lac Highest, Rs 30 Lac Avg. India Salary

Description

IIM Ahmedabad has released the placement report for the One Year MBA / MBA for Executives (Post Graduate Program for Executives - PGPX) Class of 2019 on August 6, 2019.

Author

Shikhar Mohan

Publisher Name

One Year MBA

Publisher Logo

5 years ago

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IIM A Placements 2019 (MBA for Executives/ 1 Year MBA / ): Rs 60 Lac Highest, Rs 30 Lac Avg. India Salary

IIM Ahmedabad 2019 Placements – 1 Year MBA / MBA for Executives (PGPX) – Full Report

IIM A 1 Year MBA / MBA for Executives Placements 2019 – Highlights

Roles Offered

Top Recruiters

Students starting their own ventures

Top Domains & Sectors

Rising Demand from Recruiters

Past Placement Records

IIM Ahmedabad PGPX 2019-2020 Batch Profile

Course Profile – 1 Year MBA / MBA for Executives (PGPX) At IIM Ahmedabad

Placement Facts:

Salary Heads – Domestic INR

Salary Heads – International (US$)*

Salary Statistics at purchasing power parity(PPP)*

Fixed Yearly Cash Component Domestic INR

One Time Cash Payment Component Domestic in INR

Sector-wise Classification of Total Guaranteed Cash Component-Domestic(INR)

Maximum Earning Potential Domestic (INR)

Sector-wise classification of Salary International in US$

One Time Cash component International in US $

Total Guaranteed Cash component International in US $

Maximum Earning potential International in US $

Fixed yearly cash component Domestic (In INR)

One Time Cash Payment Component

Total guaranteed Cash Component

Maximum earning potential

Fixed Salary Cash Component

One Time Cash component

Total Guaranteed cash component

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