IIM Ahmedabad's PGPX audited final placement report has now been released! In 2021, students of IIM Ahmedabad's PGPX batch of 2021 were offered positions such as CEO, Vice President, Senior Director, Director, Associate Director, Product Head, Chief of Staff amongst others. The highest maximum earning potential (domestic) stood at INR 82 lakhs, while the average maximum earning potential stood at INR 32.45 lakhs. Here are all the key highlights from the 2021 IIM Ahmedabad PGPX Audited Final Placement Report.
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IIM Ahmedabad 2021 PGPX Final Placements 2021 - 5 Key Highlights From The Audited Placement Report
- The highest MEP for the PGPX batch of 2021 at IIM Ahmedabad stood at INR 82 LPA, which was a marginal increase from last year.
- Though the median MEP (INR 30.00 lakhs) remained unchanged from last year, there was a 3% decrease in the average MEP (INR 32.45 lakhs) offered to the PGPX batch.
- The highest median MEP was offered for Strategy roles and stood at INR 41.28 LPA. Based on median MEP, the top three highest paying functions were Strategy, Sales/Marketing, and Operations/Supply Chain.
- Industry wise, the highest median MEP was offered by the E-Commerce industry and stood at INR 44.19 LPA. Based on median MEP, the top three highest paying industries were E-Commerce, Information Technology, and Automotive.
- Almost 30% of the PGPX graduates opted for General Management roles, making it the most sought-after function on campus. Ops & Supply Chain was the next most sought-after, followed by Marketing/Sales.
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IIM Ahmedabad 2021 PGPX Final Placements 2021 - Important Recruitment Numbers
Read the complete audited placement report on the institute's website.
Please refer to the following descriptions of salary heads before proceeding. This information may help you better understand the salary figures mentioned in this report.
- Fixed Yearly Cash Component: This is a total of the 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 are not related to performance.
- 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.
- Total Guaranteed Cash Component: This is the sum of fixed yearly cash component and one-time cash component.
- Maximum Earning Potential (MEP): This is the sum of total guaranteed cash component, maximum possible-linked variable pay and all other components of salary that are a part of the offer.
Maximum Earning Potential For PGPX Batch of 2021 At 82 Lakhs Per Year | IIM Ahmedabad PGPX Final Placements 2021
The highest MEP for the PGPX batch of 2021 at IIM Ahmedabad stood at INR 82 lakhs per year, which was a marginal increase from last year (INR 81 lakhs). Though the median MEP remained unchanged from last year, there was a 3% decrease in the average MEP offered to the PGPX batch. Over 40% of the batch received an average one time joining bonus of INR 2.90 lakhs.
IIM Ahmedabad PGPX Final Placements 2021 | Highest Domestic Salary Offered For Sales & Marketing Role
In 2021, the highest median MEP was offered for Strategy roles and stood at INR 41.28 lakhs per annum. The highest mean MEP was offered for Sales & Marketing roles, while the highest domestic MEP was also offered for Sales & Marketing roles. The (relatively) lowest median and mean MEP was offered for HR roles. Based on median MEP, the top three highest paying functions were Strategy, Sales/Marketing, and Operations/Supply Chain.
Industry wise, the highest median MEP was offered by the E-Commerce industry and stood at INR 44.19 lakhs per annum. The highest mean MEP was also offered by companies in the E-Commerce industry, while the highest domestic MEP was offered in the Information Technology sector. The (relatively) lowest median MEP came from the Consulting sector. Based on median MEP, the top three highest paying industries were E-Commerce, Information Technology, and Automotive.
General Management, Ops & Supply Chain Most Sought After Functions For IIM Ahmedabad's PGPX Batch of 2021
In 2021, the PGPX batch at IIM Ahmedabad flocked to General Management roles, with almost 30% of the PGPX graduates opting for General Management roles. Ops & Supply Chain was the next most sought-after domain, followed by Marketing/Sales. Only one candidate from the 2021 batch opted for an HR role.
There were no international offers extended this year to the PGPX batch of 2021 at IIM Ahmedabad.
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