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IIM Ahmedabad Audited Placement Report 2018: Highest ever Domestic Package at Rs. 72 Lakhs

Sep 12, 2018 11:35 IST
    IIM Ahmedabad Placement Report 2018
    IIM Ahmedabad Placement Report 2018

    IIM Ahmedabad Audited Placement Report 2018 - IIM Ahmedabad has released its audited placement report for PGP 2016-18 batches. According to the IIM Ahmedabad audited placement report 2018, the highest domestic salary stood at Rs. 72 lakh, while the average domestic salary was fixed at Rs. 24.45 lakhs. The audited placement report of IIM Ahmedabad reflects growth in average salary of both International and domestic packages this year. In terms of International packages, the highest international package went down to Rs. 72 lakh in placement 2018 compared to Rs. 82 lakhs previous year.

    IIM Ahmedabad Audited Placement Report 2018: Domestic Placement

    At the domestic placement front, the highest package has witnessed hike of Rs. 19 lakh per annum compared to last year and by Rs. 1.87 lakhs in the average salary package.

    Let’s take a look at previous three year trends:

    Placement Report of IIM Ahmedabad 2018: Comparative Analysis

    S No.

    Salary component

    Placement 2018 (Rs.in Lakhs)

    2017 (Rs.in Lakhs)

    2016 (Rs.in Lakhs)

    1.

    Maximum Salary

    72

    53

    48

    2.

    Average salary

    24.45

    22.58

    22.14

    3.

    Median salary

    23

    22

    21

    4.

    Minimum salary

    13.7

    9.00

    11.5

    IIM Ahmedabad Audited Placement Report 2018: International Placement

    Despite the US Dollar rate rising at an alarming rate, the international packages are steadily falling down each year. Luckily the average international package has shown a little growth.

    The table given below throws some light on the International salary trends:

    Audited Placement Report of IIM Ahmedabad 2018: Comparsion

    S No.

    Salary component

    2018 (Rs.in lakhs & in USD)

    2017 (Rs.in lakhs & in USD)

    2016 (Rs.in crore/lakhs & USD)

    1

    Maximum Salary

     Rs.66.45 lakhs)

    Rs.85.27 lakhs   ($127,275)

    Rs.1.03  Crore  ($153,568)

    ($99,172)

    2

    Average salary

    Rs.48.92 lakhs

    Rs.45.62 lakhs

    Rs. 49.30 lakhs ($73580)

    ($73,013)

    ($ 68,104)

    3

    Median salary

    Rs.46.78 lakhs

    Rs.43.78 lakhs

    Rs. 43.78 lakhs ($65342)

    ($69,823)

    ($ 65,351)

    4

    Minimum salary

    Rs.25.64 lakhs

    Rs.19.73 lakhs

    Rs. 23.52 lakhs ($35112)

    ($38,274) ($ 29,448)

    IIM Ahmedabad Audited Placement Report 2018: Overview

    The MBA Placement 2018 at IIM A was organised in three clusters and saw 125 companies making 150 offers. The key highlight of the IIM Ahmedabad MBA Placements 2018 was that three major corporate firms i.e. Amazon, Accenture and Boston Consulting Group accounted for around 31% of the total offers made.

    Being India’s premier B-school, MBA aspirants, students and even MBA experts keep a keen eye upon the IIM A Placement 2018 report. The report acts as an indicator of the hiring trends that are prevalent in the corporate world. In addition to this, it also helps us analyse the sectoral placements for this year. So, let’s dive in and understand how did students fare in the IIM A MBA Placements 2018.

    Placement Process

    This year, the IIM Ahmedabad has organized the placement sessions in three different clusters on three different days; the details for the same are provided in the table below:

    Cluster

    Placement Session Date

    Cluster 1

    10th February 2018

    Cluster 2

    13th February 2018

    Cluster 3

    16th February 2018

    On a similar note, the IIM A MBA Placement 2018 process was also divided into two parts i.e.

    • Lateral Placement: Companies hired students with work experience and offered them mid-level positions
    • Cohort Placement: In this part, corporate recruiters were classified into different cohorts based on the type of job profiles they offered and cohort groups were invited to the campus to participate in the placement process.

    Dream Applications

    Another interesting part of IIM Ahmedabad MBA Placements is the option to make ‘Dream Application’ to corporate firms, which was started by the B-school 4 years ago. Dream Application programme allows the students to pick the sector and function that they to target during the final placement process. Under this, students are allowed to make “dream” applications to firms of their choice in a subsequent cluster even with an offer in hand. This year, the B-school received 176 Dream Applications from the students.

    Placement Trends

    As stated above, the IIM Audited Ahmedabad Placement Report 2018 acts as an indicator of the hiring trends that are dominant in the MBA world. But, the B-school has not released the complete report for MBA placement 2018. The final report would be released after Indian Placement Reporting Standards (IPRS) audit is done. Therefore, the full MBA placement report with the detailed statistics about average salary, median salary and highest package details will be revealed in an IPRS audited report in the month of Sept 2018. The average trend of last two years suggest that even this year, IIM Ahmedabad will see a rise in the average and median salaries of the students.

    The average salary trends at IIM Ahmedabad Placement during the last two years given in the table below.

    Year

    Average Domestic Salary

    Average International Salary

    Highest Domestic Salary

    Highest International Salary

    2017

    Rs 22.58 lakhs

    Rs 44.27 lakhs ($ 68,104)

    Rs 53 lakhs

    Rs 82 Lakhs ($127,275)

    2016

    Rs 22.14 lakhs

    Rs 49 lakhs ($ 73,580)

    Rs 48 lakhs

    Rs 102 lakhs ($153,568)

    Statistical Analysis

    As per the official report released by the B-school, a total of 125 corporate recruiter participated in the IIM Ahmedabad Audited Placement Report 2018 in both lateral and cohorts process. In terms of process-wise breakup, 47 firms hired students during the lateral placement process while the rest were of the firms participated in the final placement process through 23 cohorts. The list of recruiters this year also included 40 new recruiters who participated in the IIM Ahmedabad Placement Process for the first time. In total, 150 offers were extended to the students during the IIM Ahmedabad Placement 2018.

    FMS Delhi Placement 2018

    Sector-wise Placement

    Coming to the more interesting part of the IIM Ahmedabad MBA Placements, the sector-wise placement trends also witnessed some important changes. As every year, firms from different domains joined the placement process and offered multitude of roles to the students. As expected consulting emerged at the top with Accenture and Boston Consulting leading the list of top recruiters. Accenture Strategy made 18 offers followed by BCG and eCommerce major Amazon making 14 offers each. The list of top corporate recruiters in different sector is given below:

    Consulting: From consulting sector, the following firms have extended offers from Accenture Strategy, A.T. Kearney, Bain & Co., McKinsey & Co., Monitor Deloitte, Oliver Wyman and The Boston Consulting Group among others.

    BFSI: Major global investment banks like Barclays, Citi Bank, Credit Suisse, Deutsche Bank, Goldman Sachs, JP Morgan and Standard Chartered participated in IIM Ahmedabad Placement 2018. Similarly, Private Equity & Venture Capital cohort saw Kedaara Capital and Matrix Partners. The Banking, Financial Services & Insurance recruiters included firms like American Express, Bajaj Finserv, FinIQ, Fullerton, HSBC, and Yes Bank participate in the placement process.

    In the Banking sector, American Express extended 8 offers followed by Yes Bank and FinIQ with 6 offers. As far as global banks are concerned, HSBC and JP Morgan hired 5 students each.

    Sales & Marketing: Following the trend of last few years, this year as well, IIM Ahmedabad saw a large number of offers being made in the Sales and Marketing domain. HUL, Nestle, P&G, Reckitt Benckiser and Wipro Consumer Care among others were the known recruiters in this sector. Airtel was the largest recruiter with 8 offers followed by HUL with 5 offers.

    IIFT MBA Placement 2018

    General Management: In this cohort, Aditya Birla Group, C.K. Birla, RPG Group and Tata Administrative Services among others were the known recruiters. TAS (Tata Administrative Services) was the largest recruiter with 7 offers.

    Consumer Services, Enterprises Tech: Airtel, IndiGo and Star TV participated in the Consumer Services cohort. Whereas Enterprise Tech and Consumer Tech cohorts saw major names such as Magicpin, Microsoft, Nykaa, OYO Rooms and UpGrad among others. With 8 offers, Microsoft was the highest in the Enterprise Tech cohort.

    IT Consulting: In IT Consulting, EXL extended the most 8 offers.

    Looking at the sectorial analysis and general positive numbers put up by IIM Ahmedabad in MBA Placement 2018, it seems that IIM Ahmedabad has managed to ditch the downward trend in the corporate hiring and has secured excellent placement packages for the students.

    For analysis of MBA Placements 2018 from other top MBA Colleges in India, please visit www.jagranjosh.com.

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    DISCLAIMER: JPL and its affiliates shall have no liability for any views, thoughts and comments expressed on this article.

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