IIM Ahmedabad PGPX Placements 2024: Highest Salary 54.8 Lacs

The placements for the 18th batch of IIM-A, PGPX concluded in June 2024. Most of the batch was placed in the 4-day placement drive, ‘Wave’ in November 2023. The others were recruited on a rolling basis till June. The graduating batch of 2024 comprised students from diverse work backgrounds with experience of 4-15 years. The roles offered to the batch as part of the IIM Ahmedabad PGPX Placements 2024, spanned from mid-level to senior-level management positions including- Chief Product Officer, Vice President, Associate Director, Associate Vice-President, Leadership Programs, etc.

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IIM Ahmedabad PGPX Placements 2024: Key Highlights 

1. A total of 105 companies visited the campus this year and made 150+ offers. 67 companies were new recruiters for the program.
2. Accenture, Persistent Systems, Adani Group, RPC Group, and Eli Lilly made the highest number of offers.
3. Out of the 147 graduating students, 126 sought employment through the institute. A total of 5 students remained unplaced. 
4. The highest domestic CTC was 54.80 lacs. The mean and median CTC stood at Rs. 36.41 lacs and Rs. 35 lacs respectively. 
5. There is a sharp drop in the highest domestic package which was 1 Crore plus for the 2023 batch. The mean and median figures however have improved implying that the overall placements for the PGPX batch have been excellent except for the highest CTC.
6. Two international offers were accepted for Frankfurt, Germany at the salary of USD 1.26 lac. The offer was made in the IT Solutions sector for Marketing and Sales. 
7. The highest number of offers were made in Consulting (36). Location-wise the highest offers were saturated at Bengaluru (45).

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IIM-Ahmedabad PGPX Sector Wise Offers 2024   IIM-Ahmedabad PGPX Function Wise Offers 2024

Placements Statistics Under Different Salary Heads

• Maximum Earning Potential- This is the sum of the total guaranteed cash component, maximum performance-linked variable pay, and all other components of salary that are part of the offer. This can include ESOPs, relocation allowances, long-term compensation such as PF, and other perks.

• Fixed Yearly Cash Component- Total of the annual basic salary and additional guaranteed cash components. 

• One-time Cash Payment- Value of the remuneration given to a candidate as a one-time cash benefit mostly at the time of joining.

• Total Guaranteed Cash Component- The sum of fixed yearly cash component and one-time cash payment.

Salary Head	Min	Max	Median	Mean
Fixed Yearly Cash Component	19,18,700	40,94,000	29,85,171	29,63,576
One-time Cash Payment	1,00,000	12,50,000	3,00,000	3,51,326
Total Guaranteed Cash Component	19,18,700	46,53,489	30,00,000	31,79,196
Maximum Earning Potential	21,46,419	54,80,000	35,00,000	36,41,906

* For the international offer, the Total Guaranteed Cash Component is USD 88,669 and the Max Earning Potential is USD 1,26,564.  Function Wise Lowest Highest and Median Salary at IIM-Ahmedabad PGPX 2024

Function	Min	Max	Median
Consulting	21,50,000	54,80,000	35,00,000
Finance	25,75,218	44,80,000	33,00,000
General Management	24,99,999	44,81,000	34,28,262
HR	50,88,170	50,88,170	50,88,170
Marketing / Sales	24,74,000	54,00,000	36,00,000
Operations	29,85,171	54,00,000	37,00,000
Analytics	32,00,000	34,00,000	32,00,000
Product/Category Management	21,46,419	47,20,000	37,00,000
Strategy	24,41,000	50,88,170	33,00,000
Systems/IT	25,00,000	50,88,170	31,00,000

(This is based on Maximum Earning Potential-Domestic Salaries only) Frequently Asked Questions

1. What are the eligibility criteria for the one-year MBA PGPX at IIM-A?

Ans. The basic eligibility criteria for MBA PGPX is a bachelor’s degree with at least 4 years of work experience and a valid GMAT/GRE score.        2. What is the highest salary for PGPX IIM-Ahmedabad? Ans. The highest domestic salary at PGPX IIM-Ahmedabad is 54.8 lacs while the international salary is USD 1.26 lacs.         3. Do students from PGPX IIM Ahmedabad get international offers? Ans. Yes, the graduating batch of 2024 accepted two international offers in Frankfurt. Also Read:

• CAT 2024: Notification (Out), Exam Date Out, Syllabus, and Pattern
• SNAP Exam 2024 Registrations Start- Check Exam Details Here
• XAT 2025 Registrations (Open): Important Dates, Application Details, Eligibility Criteria and Fee!
• IIM Ahmedabad Selection Criteria for PGP 2024-2026
• IIM Bangalore Selection Criteria for PGP 2024-2026
• IIM Lucknow Selection Criteria for PGP 2024-2026