Ahmedabad: India’s most prestigious B-school IIM Ahmedabad has released the final placement reports for PGP, PGP - FABM and PGPX programmes for 2016. Prepared by Indian Placement Reporting Standards (IPRS), the report has thrown up several insights into the placement scenario and future of MBA graduates in India. As per the IIM A Placement report 2016, out of the total of 406 management students graduating this year only 383 students sought employment through the placement programme. Eight students from the premier B-school have steered cleared of campus placements to start their own entrepreneurial ventures.
Key insights and statistical analysis
IIM A invited more than 110 firms to participate in the placement sessions for 2016. The key insights and statistical analysis of IIMA Placements 2016 is given below:
Fall in Maximum & Minimum Salary: The biggest insight emerging out of IIMA 2016 Placement report is the fall in the maximum earning potential for PGP students. The maximum earning potential for domestic offers this year stood at Rs 48 Lakh compared to Rs 53 Lakh from last year. Other details can be found in the table below:
| Domestic Salary Trends |
2015 |
2016 |
| Maximum Salary |
Rs 53 lakh |
Rs 48 lakh |
| Median Salary |
Rs 19.7 lakh |
Rs 21 lakh |
| Mean / Average Salary |
Rs 20,47,633 |
Rs 22,14,043 |
| Minimum Salary Offered |
Rs 11.5 lakh |
Rs 11.5 lakh |
Similarly, the minimum earning potential for international offers made this year also fell significantly from USD 65,351 to USD 35,112.
| International Salary Trends |
2015 |
2016 |
| Maximum Salary |
$1,10,284 |
$1,53,568 |
| Median Salary |
$73,250 |
$65,342 |
| Mean / Average Salary |
$79,738 |
$73,580 |
| Minimum Salary Offered |
$65,351 |
$35,112 |
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Sector-wise offers: The consulting sector led the way with 108 offers as far as sector-wise distribution of job offers is concerned. BFMS firms (banking, financial services and insurance) made 70 offers including 9 international offers, the maximum in any sector. Online services companies made 53 offers, whereas FMCG stood at 28 closely followed by IT at 24.
| Sector |
No of Offers |
||
| Domestic |
International |
Total |
|
| BFSI |
61 |
9 |
70 |
| Conglomerates |
24 |
0 |
24 |
| Consulting |
104 |
4 |
108 |
| Engineering/Technology |
6 |
0 |
6 |
| Environment & Energy |
4 |
0 |
4 |
| FMCG |
28 |
0 |
28 |
| Information Technology |
26 |
0 |
26 |
| Media |
12 |
0 |
12 |
| Online Services |
53 |
0 |
53 |
| Pharmaceuticals |
5 |
0 |
5 |
| Real Estate |
5 |
0 |
5 |
| Telecom |
21 |
0 |
21 |
| Others |
19 |
2 |
21 |
| Total |
368 |
15 |
383 |
Top Recruiters: In terms of the number of offers, Accenture Strategy emerged as the top recruiter with 18 offers. In addition to this, consulting sector also saw 17 offers from The Boston Consulting Group and 16 offers from Bain & Company. In Banking and Financial services sector, Yes Bank made 9 offers while from international recruiters Goldman Sachs made 7 offers.
Domestic v International: This year, only 15 students received international offers compared to 40 last year. Of the total 15 international offers, 8 offers were from Asia Pacific region while 7 were from Europe, Middle East and Africa (EMEA).
City-wise Offers: As expected, the maximum jobs were offered in Mumbai with 101 offers, followed by 70 in Delhi-NCR and 63 in Bangalore.
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