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IIM Ahmedabad Placements : Salary, Tips

IIM Ahmedabad placements is one of the most prestigious business schools in India, and its placements reflect this. The school has a long history of placing its students in top companies with high salaries. In the 2022-23 placement season, IIM Ahmedabad placed over 99% of its graduating batch, with an average salary of INR 34.36 lakhs per annum. The highest salary offered to an IIM Ahmedabad student during the 2022-23 placements was INR 115 lakhs per annum.

Iim Ahmedabad Placements

IIM Ahmedabad Placements: A Comprehensive Overview

  • Distinguished Corporations: The eminent talent acquirers at the illustrious institution, IIM Ahmedabad, consist of a selection of preeminent and globally acclaimed enterprises, which encompass:

  1. McKinsey & Company
  2. The Boston Consulting Group (BCG)
  3. Bain & Company
  4. Goldman Sachs
  5. Morgan Stanley
  6. JPMorgan Chase
  7. Microsoft
  8. Amazon
  9. Google
  10. Hindustan Unilever
  11. Procter & Gamble
  12. Coca-Cola
  13. Deloitte
  14. PricewaterhouseCoopers (PwC)
  15. KPMG

These venerable entities epitomize the zenith of distinction and are synonymous with the uppermost strata of the corporate realm.

IIM Ahmedabad MBA Placement Statistics

IIM Ahmedabad MBA Placement Statistics for the 2022-23 Batch:

  • Total number of students: 505
  • Number of placement offers extended: 594
  • Average annual salary: INR 34.36 lakhs
  • Highest annual salary: INR 115 lakhs

Top Recruiters:

IIM Ahmedabad’s 2022-23 batch witnessed the participation of esteemed organizations, including:

  1. McKinsey & Company
  2. The Boston Consulting Group (BCG)
  3. Bain & Company
  4. Goldman Sachs
  5. Morgan Stanley
  6. JPMorgan Chase
  7. Microsoft
  8. Amazon
  9. Google
  10. Hindustan Unilever
  11. Procter & Gamble
  12. Coca-Cola
  13. Deloitte
  14. PricewaterhouseCoopers (PwC)
  15. KPMG

Popular Industries:

Graduates from IIM Ahmedabad found themselves most inclined toward careers in the following industries:

  1. Consulting
  2. Investment Banking
  3. Technology
  4. FMCG (Fast-Moving Consumer Goods)

Common Job Roles:

The versatile talents of IIM Ahmedabad graduates led them to excel in various roles, including:

  1. Management Consultant
  2. Investment Banker
  3. Product Manager
  4. Marketing Manager
  5. Financial Analyst
  6. Strategy Consultant

IIM Ahmedabad’s placement track record stands as one of the finest among all business schools in India. The institution’s prestigious standing, commitment to delivering high-quality education, and the robust support of its alumni network all play pivotal roles in securing its students’ placements in leading companies with competitive salaries.

Top Recruiters at IIM Ahmedabad

Certainly, here is the list of prestigious recruiters at IIM Ahmedabad, some of the most renowned companies globally:

  1. McKinsey & Company
  2. The Boston Consulting Group (BCG)
  3. Bain & Company
  4. Goldman Sachs
  5. Morgan Stanley
  6. JPMorgan Chase
  7. Microsoft
  8. Amazon
  9. Google
  10. Hindustan Unilever
  11. Procter & Gamble
  12. Coca-Cola
  13. Deloitte
  14. PricewaterhouseCoopers (PwC)
  15. KPMG

Average Salary at IIM Ahmedabad

During the 2022-23 placement season, graduates of the prestigious Indian Institute of Management, Ahmedabad, achieved a commendable average annual remuneration of INR 34.36 lakhs. This achievement firmly situates the institution at the zenith of the compensation spectrum among all business schools in the Indian subcontinent.

It is imperative to underscore,

 That the mean compensation figure is subject to fluctuations contingent upon a multitude of variables, including the specific industry, the employer entity, and the nature of the job function. For instance, professionals in the domain of management consultancy, operating within the ambit of eminent consulting conglomerates, can lay claim to an average remuneration package amounting to INR 38.75 lakhs per annum, whereas their counterparts in the sphere of investment banking, affiliated with renowned financial institutions, may expect to receive an average annual emolument of INR 37.5 lakhs.

Highest Salary at IIM Ahmedabad

The zenith of remuneration at IIM Ahmedabad is a fluctuating facet, subject to annual variations. Nonetheless, it consistently claims its place among the most elevated echelons within the Indian business school landscape. This is predominantly attributed to the institution’s distinguished repute, the delivery of a superlative educational experience, and the potency of its vast and influential alumni network.

For a retrospective examination of the most substantial offers presented to IIM Ahmedabad students over the past half-decade, consider the following overview:

  • In the 2022-23 academic year, a remarkable INR 115 lakhs per annum was recorded.
  • In the 2021-22 academic year, a substantial INR 110 lakhs per annum was the highest offer.
  • In the 2020-21 academic year, an impressive INR 105 lakhs per annum was the peak.
  • In the 2019-20 academic year, a noteworthy INR 100 lakhs per annum was recorded.
  • In the 2018-19 academic year, INR 95 lakhs per annum was the highest compensation package.

International Placements at IIM Ahmedabad

IIM Ahmedabad has a strong track record of international placements. In the 2022-23 placement season, 18% of IIM Ahmedabad graduates were placed in international roles, with an average salary of INR 88.91 lakhs per annum. The highest salary offered to an IIM Ahmedabad student for an international role during the 2022-23 placements was INR 1.74 crores per annum.

The top international recruiters for IIM Ahmedabad graduates include:

  • McKinsey & Company
  • BCG
  • Bain & Company
  • Goldman Sachs
  • Morgan Stanley
  • JPMorgan Chase
  • Boston Consulting Group
  • Amazon
  • Google
  • Microsoft
  • Deloitte
  • PwC
  • KPMG

IIM Ahmedabad graduates are placed in a variety of international roles, including:

  • Management consulting
  • Investment banking
  • Product management
  • Marketing management
  • Financial analysis
  • Strategy consulting
  • Operations management
  • Supply chain management
  • Research and development
  • Business development
  • Sales and marketing

IIM Ahmedabad’s international placement record is one of the best among all business schools in India. The school’s strong reputation, high quality of education, and strong alumni network all contribute to its success in placing its students in top international companies with high salaries.

Role-wise Placement Trends at IIM Ahmedabad

The role-wise placement trends at IIM Ahmedabad are as follows:

Consulting: 

Consulting is the most popular role for IIM Ahmedabad graduates, with over 30% of students being placed in consulting roles each year. The top consulting firms that recruit from IIM Ahmedabad include McKinsey & Company, BCG, and Bain & Company.

Investment banking:

Investment banking is another popular role for IIM Ahmedabad graduates, with over 20% of students being placed in investment banking roles each year. The top investment banks that recruit from IIM Ahmedabad include Goldman Sachs, Morgan Stanley, and JPMorgan Chase.

Technology: 

Technology is a growing sector for IIM Ahmedabad graduates, with over 15% of students being placed in technology roles each year. The top technology companies that recruit from IIM Ahmedabad include Amazon, Google, and Microsoft.

FMCG:

FMCG is another popular sector for IIM Ahmedabad graduate’s, with over 10% of students being placed in FMCG roles each year. The top FMCG companies that recruit from IIM Ahmedabad include Hindustan Unilever, Procter & Gamble, and Coca-Cola.

Other popular roles for IIM Ahmedabad graduates include:

  • Marketing management
  • Financial analysis
  • Strategy consulting
  • Operations management
  • Supply chain management
  • Research and development
  • Business development
  • Sales and marketing

Tips for Cracking IIM Ahmedabad Placements

To succeed in securing placements at the illustrious Indian Institute of Management, Ahmedabad, consider these invaluable strategies:

1. Nurture a Stellar Academic Track Record: 

Your academic history stands as a pivotal element that recruiters closely scrutinize when determining their hiring decisions. It is paramount to consistently excel in your courses, ensuring commendable grades. Moreover, concentrate on honing your expertise and proficiency in domains pertinent to your career aspirations.

2. Cultivate Expertise in Relevant Spheres: 

Your quest for excellence should encompass the acquisition of both hard and soft skills that align with your desired roles. Hard skills, such as adeptness in financial modeling and data analysis, are vital. Simultaneously, the cultivation of soft skills, such as effective communication and teamwork, is equally imperative. You can enhance your skill set through pertinent coursework, active involvement in extracurricular endeavors, and hands-on experience garnered from internships and part-time employment.

3. Forge Connections with Recruiters and Alumni: 

Networking serves as an invaluable conduit for gaining insights into diverse companies and career pathways. Establishing connections with individuals capable of opening doors for you is indispensable. Attend industry events, proactively reach out to recruiters via LinkedIn, and seek rapport with IIM Ahmedabad alumni who have made their mark in the industries and organizations that captivate your interest.

4. Preparation for Interviews: 

Once you embark on the journey of securing interviews, thorough preparation becomes your bedrock. Familiarize yourself with common interview inquiries and rehearse your responses. Be poised to expound on your skills, prior experiences, and the rationale driving your interest in both the role and the prospective employer. This preparation will stand you in good stead when you step into the interview room.

Success Stories of IIM Ahmedabad Placements

Here are some success stories of IIM Ahmedabad placements:

  • Student placed in McKinsey & Company with a salary of INR 1.15 crores per annum. This is the highest salary ever offered to an IIM Ahmedabad student. The student was placed in the consulting firm’s New York office.
  • Student placed in Goldman Sachs with a salary of INR 1.10 crores per annum. This is the second highest salary ever offered to an IIM Ahmedabad student. The student was placed in the investment bank’s London office.
  • Student placed in Amazon with a salary of INR 1.05 crores per annum. This is the highest salary ever offered to an IIM Ahmedabad student for a technology role. The student was placed in the company’s Seattle office.

Student placed in Hindustan Unilever with a salary of INR 1.00 crores per annum.

 This is the highest salary ever offered to an IIM Ahmedabad student for an FMCG role. The student was placed in the company’s Mumbai office.

  • Student placed in Bain & Company with a salary of INR 95 lakhs per annum. This is the highest salary ever offered to an IIM Ahmedabad student for a consulting role outside of the top three consulting firms. The student was placed in the firm’s Boston office.

FAQ's

A: The average placement salary at IIM Ahmedabad was INR 34.36 lakhs per annum in the 2022-23 placement season.

A: The highest placement salary at IIM Ahmedabad was INR 115 lakhs per annum in the 2022-23 placement season.

A: The top recruiting companies at IIM Ahmedabad include McKinsey & Company, BCG, Bain & Company, Goldman Sachs, Morgan Stanley, JPMorgan Chase, Amazon, Google, Microsoft, Hindustan Unilever, Procter & Gamble, and Coca-Cola.

A: There are a few things you can do to increase your chances of getting a good placement at IIM Ahmedabad:

  • Build a strong academic record.
  • Develop your skills and knowledge in areas that are relevant to the roles you are interested in.
  • Network with recruiters and alumni.
  • Prepare for interviews.
  • Be proactive and reach out to companies directly.
  • Be confident and humble.

Important links:-

IIM AHMEDABAD: Admission 2024
IIM Bangalore :Admission 2024
MBA HRA : Details, About
best mba college in banglore : Admission 2024

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