IIM Ahmedabad Placements 2024 (IIMA): Highest Package, Average Package, PPOs
Sargam Marg, Vastarpur
Ahmedabad, Gujrat
All You Need To Know About IIM Ahmedabad Placements 2024
Discover everything you need to know about the MBA placements for the 2022-24 batch at India's top IIM, IIM Ahmedabad (IIMA). This in-depth article covers all the essential details, ensuring you don't miss any important information about IIMA's placement process and outcomes.
Indian Institute of Management (IIM) Ahmedabad has reaffirmed its status as India’s top business school, as reflected in its NIRF 2023 ranking where it secured the 1st position in the management category. The IIM Ahmedabad placement report for the 2022-24 batch highlights a stellar 100% placement rate, demonstrating the institute’s robust placement process and the high demand for its graduates. The IIM Ahmedabad executive MBA placements also showcased impressive outcomes, further cementing the institution’s reputation for academic excellence and industry relevance.
The IIM Ahmedabad placement season for the 2022-24 batch was marked by outstanding achievements. The highest package of IIM Ahmedabad was an impressive INR 1.46 crores for domestic roles, while the highest international package stood at USD 1,37,843. The average package of IIM Ahmedabad graduates was INR 34,45,386 under the Domestic category, with the median package at INR 31.58,720. Additionally, 224 Pre-Placement Offers (PPOs) were awarded, of which 146 were accepted. The average package of the top 10 percentile was INR 48,87,367, while the average package of the top 25 percentile and top 50 percentile were INR 42,15,603 and INR 33,06,794, respectively. These figures underscore the high value and demand for IIM Ahmedabad graduates in the job market.
Key Highlights from IIM Ahmedabad Placements 2024
| Category | Details |
|---|---|
Placement Percentage | 100% of the students seeking placements secured job offers. |
Highest Domestic Package | ₹1.46 Crores per annum |
Highest International Package | $1,37,843 per annum |
Roles on Offer (including PPOs) | 280 roles offered by 188 firms |
Median Package | ₹31,58,720 per annum |
Average Package | ₹34,45,386 per annum |
Prominent Recruiters | McKinsey & Company (34 offers), Boston Consulting Group (33 offers) |
Placement Highlights
CTC in LPA (INR)
No Data Found
MBA 2022-24 Placement Sector-Wise Split
Find all decoded insights you need from IIM Ahmedabad Packages
The IIM Ahmedabad placement report for the 2022-24 batch reveals a broad sectoral spread, reflecting the diverse opportunities available to its graduates. Consulting emerged as the leading sector, accounting for 33% of the offers with top firms like McKinsey, BCG, Bain, and KPMG offering lucrative roles. The BFSI sector followed closely, constituting 22% of the placements, with high-paying roles from Goldman Sachs, Morgan Stanley, and JPMorgan Chase. The IT and analytics sectors made significant contributions, offering 15% of the positions with companies like Microsoft, Google, and Facebook. FMCG accounted for 10% of the offers, with major recruiters such as HUL, P&G, and Nestle. E-commerce, including Amazon and Flipkart, made up 8%, while manufacturing, represented by Tata Steel and Reliance, comprised 6%. Media and communications, with recruiters like Star, Zee, and Viacom, also contributed 6%. This sector-wise diversity underscores IIM Ahmedabad’s strong industry connections and the high employability of its graduates.
2024 Sector Wise Split of IIM Ahmedabad MBA 2022-24 Placements
2024 Average package in IIM Ahmedabad (By Sector)
2024 Highest package of IIM Ahmedabad (By Sector)
2024 Median package of IIM Ahmedabad (By Sector)
2024 Lowest package of IIM Ahmedabad (By Sector)
| Sector | Minimum CTC (INR) | Maximum CTC (INR) | Average CTC (INR) | Median CTC (INR) |
|---|---|---|---|---|
| Automobile | 30,24,000 | 30,24,000 | 30,24,000 | 30,24,000 |
| Banking, Financial Services and Insurance | 18,05,545 | 1,46,19,300 | 41,33,337 | 35,05,844 |
| Conglomerates | 21,00,000 | 30,00,000 | 25,53,913 | 25,00,000 |
| Consulting | 23,00,000 | 56,00,000 | 34,55,378 | 34,50,000 |
| Consumer Services | 26,00,000 | 26,00,000 | 26,00,000 | 26,00,000 |
| Education Technology | 32,15,700 | 32,15,700 | 32,15,700 | 32,15,700 |
| Engineering / Technology | 28,32,832 | 28,32,832 | 28,32,832 | 28,32,832 |
| FMCG | 25,00,000 | 33,39,753 | 29,43,319 | 29,39,450 |
| Information Technology (IT) | 26,66,386 | 42,48,955 | 31,87,916 | 32,00,000 |
| IT Analytics | 25,00,000 | 28,22,500 | 25,80,625 | 25,00,000 |
| IT Consulting | 28,00,000 | 28,00,000 | 28,00,000 | 28,00,000 |
| IT Software | 26,00,000 | 42,15,603 | 35,94,433 | 37,43,600 |
| IT Solutions | 25,00,000 | 34,79,020 | 32,31,860 | 34,74,210 |
| Logistics | 28,80,000 | 28,80,000 | 28,80,000 | 28,80,000 |
| Manufacturing | 25,20,000 | 66,00,000 | 45,60,000 | 45,60,000 |
| Media/Communications | 25,00,000 | 27,00,000 | 26,00,000 | 26,00,000 |
| Mining | 32,17,000 | 32,17,000 | 32,17,000 | 32,17,000 |
| Online Services | 29,01,631 | 29,01,631 | 29,01,631 | 29,01,631 |
| Artificial Intelligence | 32,40,000 | 32,40,000 | 32,40,000 | 32,40,000 |
| Wellness & Fitness services | 25,70,000 | 25,70,000 | 25,70,000 | 25,70,000 |
| Energy | 26,50,000 | 26,50,000 | 26,50,000 | 26,50,000 |
| Pharmaceutical | 23,00,000 | 31,20,000 | 27,04,444 | 28,00,000 |
| Real Estate | 31,20,000 | 31,20,000 | 31,20,000 | 31,20,000 |
| Retail B2B & B2C | 29,35,000 | 29,35,000 | 29,35,000 | 29,35,000 |
| Telecommunication | 30,00,000 | 30,00,000 | 30,00,000 | 30,00,000 |
MBA 2022-24 Placement Function-wise Split
The placement performance of IIM Ahmedabad’s 2022-24 batch showcased a diverse distribution of job roles across various functions. Consulting emerged as the dominant sector, attracting 34% of the offers, with prominent recruiters like McKinsey & Company and Boston Consulting Group offering lucrative packages. Finance followed, accounting for 20% of the offers, with the highest domestic CTC reaching ₹70,00,000, and major recruiters including Goldman Sachs and JP Morgan. Product Management roles were also significant, comprising 14% of the offers, with companies like Microsoft and Google leading the recruitment. Sales and Marketing, IT and Operations, and General Management and HR accounted for 12%, 10%, and 10% of the offers respectively, with attractive packages and opportunities from industry giants such as Hindustan Unilever, Infosys, TCS, Aditya Birla Group, and Tata Administrative Services. This diverse functional split highlights the versatility and broad skill set of the IIM Ahmedabad graduates, catering to a wide array of industry demands.
Function Wise Split of IIM Ahmedabad MBA 2022-24 Placement
2024 Average package in IIM Ahmedabad (By Function)
2024 Highest package of IIM Ahmedabad (By Function)
2024 Median package of IIM Ahmedabad (By Function)
2024 Lowest package of IIM Ahmedabad (By Function)
| Function | Minimum CTC (INR) | Maximum CTC (INR) | Average CTC (INR) | Median CTC (INR) |
|---|---|---|---|---|
| Consulting | 23,00,000 | 56,00,000 | 34,01,882 | 33,00,000 |
| Data Analytics | 28,22,500 | 28,22,500 | 28,22,500 | 28,22,500 |
| Finance | 18,05,545 | 1,46,19,300 | 48,87,367 | 40,00,000 |
| General Management | 21,00,000 | 32,17,000 | 26,75,154 | 27,00,000 |
| Growth – Online Sales | 34,69,400 | 34,69,400 | 34,69,400 | 34,69,400 |
| Marketing/Sales | 25,00,000 | 66,00,000 | 30,97,285 | 30,20,000 |
| Operations | 30,50,000 | 32,50,000 | 31,83,333 | 32,50,000 |
| Project Management | 25,00,000 | 25,00,000 | 25,00,000 | 25,00,000 |
| Product/Category Management | 23,10,000 | 63,20,000 | 32,82,358 | 32,40,000 |
| Strategy | 23,00,000 | 29,35,000 | 25,61,667 | 24,50,000 |
Classification by MBA 2024 Placement Location
The IIM Ahmedabad placement report for 2022-24 also provides insights into the geographical distribution of placements. Out of the total offers, 376 were domestic, reflecting the strong demand for IIM Ahmedabad graduates within India. International placements accounted for 9 offers, showcasing the global appeal and competitiveness of the institution’s graduates. This classification underscores IIM Ahmedabad’s ability to provide its students with opportunities both within the country and abroad.
| Location Type | Number of Offers |
|---|---|
| Domestic | 376 |
| International | 9 |
The IIM Ahmedabad placement report details the location-wise distribution of offers, highlighting key cities where graduates were placed. Mumbai led with 37% of the offers, with the highest package of INR 1.46 crores and an average package of INR 30,18,240. Delhi NCR followed with 22% of the placements, offering a highest package of INR 66,00,000 and an average package of INR 28,41,600. Other prominent locations included Bangalore (14%), Hyderabad (4%), and Pune (3%). This detailed location-wise classification demonstrates the wide geographic reach and appeal of IIM Ahmedabad graduates across major business hubs in India.
2024 Average package in IIM Ahmedabad (By Location)
2024 Highest package of IIM Ahmedabad (By Location)
2024 Median package of IIM Ahmedabad (By Location)
2024 Lowest package of IIM Ahmedabad (By Location)
| Location | Minimum CTC (INR) | Maximum CTC (INR) | Average CTC (INR) | Median CTC (INR) |
|---|---|---|---|---|
| Ahmedabad | 21,50,000 | 27,50,000 | 24,50,000 | 24,50,000 |
| Bangalore | 23,10,000 | 1,40,00,000 | 37,12,250 | 32,50,000 |
| Chennai | 21,00,000 | 40,75,000 | 28,98,857 | 28,00,000 |
| Delhi NCR | 25,00,000 | 66,00,000 | 33,42,560 | 31,58,720 |
| Gurgaon | 21,00,000 | 31,20,000 | 27,58,300 | 28,25,000 |
| Hyderabad | 28,22,500 | 42,48,955 | 37,20,801 | 39,20,022 |
| Kolkata | 23,00,000 | 33,00,000 | 28,00,000 | 28,00,000 |
| Mumbai | 18,05,545 | 1,46,19,300 | 36,20,659 | 32,15,700 |
| Mumbai/Delhi/Bangalore | 35,00,000 | 35,00,000 | 35,00,000 | 35,00,000 |
| Noida | 25,00,000 | 29,01,631 | 26,50,408 | 26,00,000 |
| PAN India | 21,00,000 | 34,80,862 | 29,22,307 | 30,00,000 |
| Pune | 28,50,000 | 34,86,354 | 33,76,483 | 34,86,354 |
| Remote | 34,69,400 | 34,79,020 | 34,75,813 | 34,79,020 |
| TBD | 38,68,500 | 39,04,000 | 38,80,333 | 38,68,500 |
IIM Ahmedabad 2022-24 Prominent Recruiters
The IIM Ahmedabad placement report for 2022-24 lists numerous prestigious companies that have recruited from the institute. A total of 188 firms participated in the placement process, offering around 280 roles. In the finals placements, McKinsey & Company and Boston Consulting Group made the most offers on campus, with McKinsey extending 34 offers and BCG 33 offers. Among investment banks, Goldman Sachs was the largest recruiter with 8 offers, followed by o3 Capital with 3 offers. The Conglomerate cohort saw a 135% increase in net offers, the Private Equity, Venture Capital, and Asset Management cohort experienced a 19% increase, and the Cards and Financial Advisory cohort saw a 20% rise in offers. In general management, Adani made 10 offers, followed by Essar Group with 5. In IT Consulting, Tata Consultancy Services was the top recruiter with 10 offers. This diverse list of prominent recruiters highlights the strong industry connections and wide range of opportunities available to IIM Ahmedabad graduates.
| Company Name | Industry |
|---|---|
| McKinsey | Consulting |
| Boston Consulting Group | Consulting |
| Goldman Sachs | BFSI |
| Morgan Stanley | BFSI |
| HUL | FMCG |
| P&G | FMCG |
| Microsoft | IT |
| IT | |
| Amazon | E-Commerce |
| Flipkart | E-Commerce |
Prominent Recruiters Visiting IIMs for Placement
Top Companies Visiting IIM Ahmedabad in 2024
FAQ
IIM Ahmedabad
What is the total placement percentage for IIM Ahmedabad's 2022-24 batch?
IIM Ahmedabad achieved a 100% placement rate for the 2022-24 batch, with all students seeking placements securing job offers.
What is the overall placement scenario for IIM Ahmedabad in 2024?
The placement process for the 2024 batch at IIM Ahmedabad was completed within three clusters, ensuring that all students seeking placements through the institute received offers from top firms across various sectors.
How does the placement process at IIM Ahmedabad work?
The placement process is conducted in two stages: laterals and finals. The laterals process is for students with prior work experience, offering mid-level managerial positions. The final placements involve firms grouped into cohorts based on the profiles they offer, invited across different clusters.
Which companies were the top recruiters at IIM Ahmedabad in 2024?
Prominent recruiters included McKinsey & Company, Boston Consulting Group, Goldman Sachs, Adani Group, and PwC. McKinsey & Company made the most offers, followed by Boston Consulting Group.
What sectors had the highest recruitment at IIM Ahmedabad?
The consulting sector saw the highest recruitment, followed by investment banking, private equity, consumer goods, and technology sectors. Top firms like McKinsey, BCG, Goldman Sachs, and Microsoft were significant recruiters.
What is the average salary for IIM Ahmedabad graduates in 2024?
The average salary for domestic placements was ₹27,88,461 per annum, and for international placements, it was $1,09,171 per annum.
What is the median salary offered to IIM Ahmedabad graduates in 2024?
The median salary for domestic placements was ₹31,58,720 per annum, while the median for international placements was $1,26,300 per annum.
What is the highest salary offered at IIM Ahmedabad in 2024?
The highest domestic salary offered was ₹1,46,19,300 per annum (1.46 Crores), and the highest international salary was $1,37,843 per annum.
How many students participated in the IIM Ahmedabad 2022-24 placement process?
A total of 385 students participated in the placement process at IIM Ahmedabad for the 2022-24 batch.
How many companies participated in the 2024 placement process at IIM Ahmedabad?
A total of 188 firms participated from various sectors, offering around 280 roles across various sectors during the placement process including PPOs.
What is the placement success rate for the 2024 batch at IIM Ahmedabad?
Out of 385 students seeking placements from the institution for 2022-24, 385 were total accepted offers, indicating a perfect 100% placement success rate.
What roles were most commonly offered to IIM Ahmedabad graduates?
The most common roles offered were in consulting, finance, general management, marketing, and product management.
Which geographic locations were the top choices for IIM Ahmedabad graduates?
Within India, Mumbai, Delhi NCR, and Bangalore were the top choices. Internationally, offers were accepted in locations like Dubai, Singapore, and Hong Kong.
What are the benefits of the "Dream Application" concept in IIM Ahmedabad placements?
The “Dream Application” concept allows students to apply to sectors and functions of their choice, even after securing a job, providing them with flexibility and better career alignment.
What is the Maximum Earning Potential (MEP) for IIM Ahmedabad graduates?
The Maximum Earning Potential for domestic placements is ₹1,46,19,300 per annum, while for international placements it is $1,37,843 per annum.
How is the salary data for placements reported at IIM Ahmedabad?
Salary data is reported under different heads like Fixed Yearly Cash Component, One-time Cash Payment, Total Guaranteed Cash Component, and Maximum Earning Potential, ensuring transparency and adherence to the Indian Placement Reporting Standards (IPRS).
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IIM Ahmedabad
IIM Ahmedabad 2024 Ranking
|
| Rank |
|---|---|
NIRF 2023 | 1 |
QS Masters in Management Ranking | 42 |
FT Master in Management Ranking 2023 | ** |
QS Global MBA Rankings (MBA-PGPX) | 53 |
Financial Times Executive Education Rankings (Open) | ** |
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