IIMA PGPX Final Placements 2026: Average CTC at ₹41.48 LPA, Highest CTC Touches ₹86 LPA
The Indian Institute of Management Ahmedabad (IIMA) has released its audited IPRS Placement Report for the PGPX Class of 2026, detailing the final placement outcomes for the 20th cohort of its Post Graduate Programme in Management for Executives.
The placement process began in the last week of November 2025 with a four-day concentrated hiring event and continued through rolling placements until June 2026. The PGPX Class of 2026 comprised professionals with 4–22 years of work experience. More than 200 companies participated in the placement process and made 300+ offers, including around 65 first-time recruiters.
IIMA PGPX Placements 2026: Key Highlights
| Placement Parameter | 2026 |
| Eligible for Placement | 156 |
| Students Seeking Placement Through Institute | 139 |
| Offers Accepted | 134 |
| Unplaced | 5 |
| Companies Participating | 200+ |
| Offers Made | 300+ |
| First-Time Recruiters | 65 |
| Work Experience | 4–22 years |
Of the 156 students eligible for placement, 139 sought placement through the institute. 134 offers were accepted, while five students were unplaced. The remaining 17 students did not seek placement through the institute. This included 8 company-sponsored/already employed candidates, 1 entrepreneur, 1 student joining a family business and 7 candidates seeking placements outside the campus process.
The report does not itself state a placement percentage. Based on the reported numbers, 134 of the 139 students who sought placement through the institute accepted offers.
IIMA PGPX Salary Highlights 2026
The audited IPRS report presents compensation under four categories: Fixed Yearly Cash, One-Time Cash, Total Guaranteed Cash and Maximum Earning Potential.
For the 132 domestic offers, the Maximum Earning Potential figures were:
| CTC Parameter | Domestic Placements |
| Minimum CTC | ₹25.50 LPA |
| Average CTC | ₹41.48 LPA |
| Median CTC | ₹37.78 LPA |
| Highest CTC | ₹86 LPA |
The report records the exact mean as ₹41,47,612, median as ₹37,77,778, minimum as ₹25,50,000, and maximum as ₹86,00,000.
It is important to note that these figures represent Maximum Earning Potential, rather than fixed salary alone.
Total Guaranteed Cash
For the same domestic placement pool, the report records:
- Minimum: ₹24 LPA
- Average: ₹35.86 LPA
- Median: ₹34.88 LPA
- Highest: ₹70.52 LPA
The Fixed Yearly Cash component stood at:
- Minimum: ₹23.55 LPA
- Average: ₹33.64 LPA
- Median: ₹32.16 LPA
- Highest: ₹70.52 LPA
One-time cash was reported for 88 offers, ranging from ₹50,000 to ₹14.50 lakh, with an average of ₹3.34 lakh and median of ₹2 lakh.
International Placements
The international placement figures are reported separately in the IPRS report and are not combined with the domestic CTC figures above.
There were 2 international offers, both in IT Consulting, for Business Development roles in Western Europe.
For both offers:
| Salary Head | Amount |
| Fixed Yearly Cash | USD 95,145 |
| Total Guaranteed Cash | USD 95,145 |
| Maximum Earning Potential | USD 1,14,220 |
The report notes that the USD conversions use closing exchange rates as of June 30, 2026.
Which Sectors Recruited From IIMA PGPX?
The 134 accepted offers were spread across 13 listed sectors, with IT Consulting accounting for the largest number of offers, followed by Consulting, IT Services and Pharma/Healthcare.
| Sector | Domestic | International | Total |
| Automotive | 3 | – | 3 |
| BFSI | 14 | – | 14 |
| Conglomerate | 5 | – | 5 |
| Consulting | 24 | – | 24 |
| FMCG | 8 | – | 8 |
| Environment & Energy | 2 | – | 2 |
| Infrastructure | 1 | – | 1 |
| IT Consulting | 30 | 2 | 32 |
| IT Services | 16 | – | 16 |
| Manufacturing | 4 | – | 4 |
| Online Services | 7 | – | 7 |
| Pharma/Healthcare | 16 | – | 16 |
| Retail | 2 | – | 2 |
| Total | 132 | 2 | 134 |
Function-wise Offers
IIMA PGPX graduates received offers across 11 functions, with Consulting accounting for the largest number of offers.
| Function | Domestic | International | Total |
| Analytics | 1 | – | 1 |
| Business Development | 7 | 2 | 9 |
| Consulting | 44 | – | 44 |
| Finance | 3 | – | 3 |
| General Management | 13 | – | 13 |
| Product/Category Management | 20 | – | 20 |
| Program Management | 7 | – | 7 |
| Project Management | 2 | – | 2 |
| Sales/Marketing | 19 | – | 19 |
| Strategy | 8 | – | 8 |
| Supply Chain/Operations | 8 | – | 8 |
| Total | 132 | 2 | 134 |
Consulting accounted for 44 offers, followed by Product/Category Management with 20, Sales/Marketing with 19, General Management with 13, Business Development with 9, and Strategy and Supply Chain/Operations with 8 each.
IIMA PGPX Salary Trends Across Sectors
The IPRS report provides detailed compensation data for each sector. The following table covers Fixed Yearly Cash for domestic offers.
| Sector | Min | Max | Mean | Median | N |
| Automotive | ₹31.45L | ₹34L | ₹32.30L | ₹31.45L | 3 |
| BFSI | ₹25.50L | ₹38L | ₹34.41L | ₹35.37L | 14 |
| Conglomerate | ₹28.70L | ₹70.52L | ₹43.48L | ₹40L | 5 |
| Consulting | ₹23.55L | ₹40L | ₹31.84L | ₹33.75L | 24 |
| FMCG | ₹27L | ₹38L | ₹32.58L | ₹33L | 8 |
| Environment & Energy | ₹28L | ₹30L | ₹29L | ₹29L | 2 |
| Infrastructure | ₹45L | ₹45L | ₹45L | ₹45L | 1 |
| IT Consulting | ₹23.55L | ₹40L | ₹29.49L | ₹28L | 30 |
| IT Services | ₹27.27L | ₹60L | ₹40.48L | ₹42L | 16 |
| Manufacturing | ₹26L | ₹32L | ₹29.03L | ₹29.06L | 4 |
| Online Services | ₹24.97L | ₹50L | ₹32.65L | ₹32.15L | 7 |
| Pharma/Healthcare | ₹27.90L | ₹46L | ₹36.21L | ₹37L | 16 |
| Retail | ₹30L | ₹30L | ₹30L | ₹30L | 2 |
Maximum Earning Potential Across Sectors
The report also provides Maximum Earning Potential (MEP) by sector.
| Sector | Min | Max | Mean | Median |
| Automotive | ₹40L | ₹43L | ₹41L | ₹40L |
| BFSI | ₹31.65L | ₹40.79L | ₹36.02L | ₹35.37L |
| Conglomerate | ₹35L | ₹86L | ₹53.13L | ₹50L |
| Consulting | ₹25.50L | ₹53L | ₹41.63L | ₹46.08L |
| FMCG | ₹34L | ₹47L | ₹39.86L | ₹40.70L |
| Environment & Energy | ₹30L | ₹35.50L | ₹32.75L | ₹32.75L |
| Infrastructure | ₹58.50L | ₹58.50L | ₹58.50L | ₹58.50L |
| IT Consulting | ₹28L | ₹54.80L | ₹38.80L | ₹37.14L |
| IT Services | ₹30L | ₹73.40L | ₹47.85L | ₹50.21L |
| Manufacturing | ₹30L | ₹33.34L | ₹31.84L | ₹32L |
| Online Services | ₹32.26L | ₹50L | ₹44.03L | ₹48.45L |
| Pharma/Healthcare | ₹35L | ₹54.71L | ₹44.17L | ₹45.54L |
| Retail | ₹34.06L | ₹34.06L | ₹34.06L | ₹34.06L |
Salary Trends By Function
The placement report also breaks down compensation by function.
Fixed Yearly Cash
| Function | Min | Max | Mean | Median | N |
| Analytics | ₹31.50L | ₹31.50L | ₹31.50L | ₹31.50L | 1 |
| Business Development | ₹28.89L | ₹60L | ₹43.42L | ₹45L | 7 |
| Consulting | ₹23.55L | ₹41.13L | ₹31.47L | ₹31.18L | 44 |
| Finance | ₹38L | ₹38L | ₹38L | ₹38L | 3 |
| General Management | ₹25.50L | ₹46L | ₹34.30L | ₹37L | 13 |
| Product/Category Management | ₹24.97L | ₹50L | ₹32.50L | ₹33.18L | 20 |
| Program Management | ₹31.45L | ₹45L | ₹33.86L | ₹32.15L | 7 |
| Project Management | ₹28L | ₹32L | ₹30L | ₹30L | 2 |
| Sales/Marketing | ₹27L | ₹50L | ₹36.25L | ₹35.37L | 19 |
| Strategy | ₹25.20L | ₹70.52L | ₹36.66L | ₹32L | 8 |
| Supply Chain/Operations | ₹28L | ₹32L | ₹28.94L | ₹28L | 8 |
Maximum Earning Potential
| Function | Min | Max | Mean | Median |
| Analytics | ₹35L | ₹35L | ₹35L | ₹35L |
| Business Development | ₹37.50L | ₹73.40L | ₹52.54L | ₹55.36L |
| Consulting | ₹25.50L | ₹54.80L | ₹41.27L | ₹38.50L |
| Finance | ₹40.79L | ₹40.79L | ₹40.79L | ₹40.79L |
| General Management | ₹30L | ₹52.63L | ₹37.81L | ₹37.12L |
| Product/Category Management | ₹32L | ₹60.59L | ₹41.82L | ₹35L |
| Program Management | ₹35L | ₹58.50L | ₹46.74L | ₹48.45L |
| Project Management | ₹32L | ₹35L | ₹33.50L | ₹33.50L |
| Sales/Marketing | ₹34L | ₹53.75L | ₹41.35L | ₹40.70L |
| Strategy | ₹28L | ₹86L | ₹44.02L | ₹38.50L |
| Supply Chain/Operations | ₹30L | ₹37L | ₹34.25L | ₹35L |
Top Recruiters at IIMA PGPX Placements 2026
More than 200 companies participated in the placement process, with approximately 65 first-time recruiters. The recruiters that made the most offers included Accenture, Amazon, Eli Lilly, EY, FinIQ Consulting, Genpact and NTT Data.
The broader recruiter list included:
Accenture, Accordion, Alvarez & Marsal, Apple, Amazon, CRISIL, CRIF, Eli Lilly, Evam Labs, EY GDS, EYP, Fabindia, FinIQ, Flipkart, Genpact, Hexa Climate, Infosys Europe, IBM, Indegene, Kimbal, L'Oréal, Mahindra & Mahindra, Mastek, Max Healthcare, McKinsey, BCG SEA, Deloitte, PwC, KPMG, NTT Data, Persistent, Reach Mobile, Refy9, Reliance Industries, Reliance Consumer Products, RPG-KEC, RPG-Zensar, SEDEMAC Mechatronics, Sutherland, Tata Consumer Products, TE Connectivity, TVS Motors, Torrent Pharma, TCS, UnifyApps, Par Technologies and UBS Financials.
Roles Offered
The seniority of the roles offered reflects the experience profile of the PGPX cohort. Roles mentioned in the report include:
- VP
- Associate Director
- AVP
- Program Head
- Product Head
- Consultant
- Senior Manager
- Product Manager
- Client Partner
- Operations Manager
IIMA PGPX Placements 2026: Key Takeaways
The IIMA PGPX Class of 2026 saw 200+ companies participate in placements and 300+ offers made across a broad range of sectors and functions. Of the 139 students who sought placement through the institute, 134 accepted offers.
For the 132 domestic offers, the audited IPRS report records a minimum Maximum Earning Potential of ₹25.50 LPA, average of ₹41.48 LPA, median of ₹37.78 LPA and highest of ₹86 LPA. The corresponding Total Guaranteed Cash figures were ₹24 LPA, ₹35.86 LPA, ₹34.88 LPA and ₹70.52 LPA, respectively.
The international placements are reported separately, with 2 offers in Western Europe carrying a fixed yearly cash compensation of USD 95,145 and Maximum Earning Potential of USD 1,14,220.
With candidates bringing 4–22 years of professional experience, the PGPX Class of 2026 moved into roles spanning consulting, product and category management, sales and marketing, general management, strategy, business development, finance, program management and operations.