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A detailed breakdown of this year's IIM Ahmedabad placement drive
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For the premier management institution of this country, the IIM Ahmedabad placement drive has much to offer. With breakdowns across various functions, the detail oriented nature just shows how the best in the business does things. Their class of 2019 signs off with an impressive showing.
Here are some key highlights from this year's placement drive:
- Gaming and Engineering/Technology sectors shelled out the maximum median domestic in-hand cash amount standing at Rs 25 LPA.
- On the flip side, the minimum median domestic amount stood at Rs 13.50 LPA offered by the Media/Communications sector.
- The highest in-hand salary offered at this year's IIM Ahmedabad placement drive came from the Consulting domain for a Management Consulting role.
- The lowest in-hand salary offered came from the Manufacturing/Core domain for a Sales/Marketing role.
| Domestic Salary Breakdown (Amount in Rs) | ||||
| Salary Details | Minimum | Maximum | Median | Average |
| Fixed Yearly Cash Component | 11,90,000 | 50,00,000 | 19,93,764 | 20,36,562 |
| One Time Cash Payment | 20,000 | 10,00,000 | 3,00,000 | 2,91,837 |
| Total Guaranteed Cash Component | 11,90,000 | 53,00,000 | 21,34,426 | 22,32,677 |
| Maximum Earning Potential | 15,00,000 | 70,00,000 | 24,00,000 | 25,83,126 |
| International Salary Breakdown (Amount in $) | ||||
| Salary Details | Minimum | Maximum | Median | Average |
| Fixed Yearly Cash Component | $34,037 | $98,026 | $52,873 | $62,014 |
| One Time Cash Payment | $2,836 | $10,000 | $7,388 | $6,523 |
| Total Guaranteed Cash Component | $36,873 | $98,026 | $52,873 | $64,523 |
| Maximum Earning Potential | $49,000 | $1,17,631 | $79,672 | $80,050 |
Some additional highlights:
- The batch strength of the PGP class of 2019 was 373, out of which 157 received PPOs.
- 388 offers were put forth to the students which included 13 international offers, 7 of which came from the Consulting domain.
- Speaking of Consulting domain, it led the pack with a 137 offers, followed by the BFSI sector that totalled 53 offers.
- In case of international offers:
| Asia ( Singapore, Malaysia, Hong Kong) | 8 |
| USA (San Diego) | 1 |
| Africa (Nigeria) | 1 |
| UAE ( Dubai - 2, Abu Dhabi - 1) | 3 |
Below is a salary breakdown offered to the students across various variables by the corporates:
Sector
| Sector - Wise Domestic Salary Breakdown ( Amount in Rs ) | |||||
| Sector | Minimum | Maximum | Median | Mean | Data |
| Agri Inputs | 18,00,000 | 18,00,000 | 18,00,000 | 18,00,000 | 2 |
| BFSI | 15,00,000 | 40,95,000 | 21,18,580 | 24,55,079 | 52 |
| Conglomerates | 15,89,260 | 23,00,000 | 19,00,000 | 19,20,185 | 26 |
| Consulting | 16,50,000 | 53,00,000 | 24,50,000 | 24,27,129 | 129 |
| Consumer Goods | 15,30,000 | 30,00,000 | 18,45,000 | 20,54,022 | 45 |
| Consumer Services | 20,00,000 | 20,80,000 | 20,00,000 | 20,26,667 | 3 |
| Engineering/Technology | 16,50,000 | 30,75,000 | 25,00,000 | 23,81,215 | 17 |
| Environmental & Energy | 18,40,000 | 19,66,000 | 19,03,000 | 19,03,000 | 2 |
| Information Technology | 14,40,000 | 35,00,000 | 20,00,000 | 20,57,888 | 30 |
| Manufacturing | 11,90,000 | 17,50,000 | 17,50,000 | 15,44,286 | 7 |
| Media/Communications | 13,50,000 | 19,80,000 | 13,50,000 | 15,05,000 | 6 |
| Online Services | 16,00,000 | 30,00,000 | 19,50,000 | 21,38,429 | 44 |
| Others, Education | 18,00,000 | 18,00,000 | 18,00,000 | 18,00,000 | 1 |
| Others, Gaming | 25,00,000 | 25,00,000 | 25,00,000 | 25,00,000 | 3 |
| Pharmaceutical/Healthcare | 16,00,000 | 25,00,000 | 18,00,000 | 19,00,000 | 8 |
Function
| Function - Wise Domestic Salary Breakdown ( Amount in Rs ) | |||||
| Function | Minimum | Maximum | Median | Mean | Data |
| Business Development | 16,50,000 | 27,46,775 | 20,00,000 | 21,40,038 | 17 |
| Consulting | 15,30,000 | 53,00,000 | 24,50,000 | 24,18,613 | 130 |
| Finance | 15,00,000 | 40,95,000 | 21,37,160 | 24,96,902 | 50 |
| General Management | 15,89,260 | 25,00,000 | 18,65,880 | 19,31,953 | 50 |
| Human Resources | 16,69,850 | 16,69,850 | 16,69,850 | 16,69,850 | 1 |
| Marketing/Sales | 11,90,000 | 30,00,000 | 18,82,000 | 19,83,666 | 42 |
| Operations | 16,69,850 | 28,63,620 | 21,50,000 | 21,92,778 | 11 |
Product/Category Management
|
16,00,000 | 30,75,000 | 22,00,000 | 22,43,200 | 50 |
| Research & Advisory | 17,50,000 | 35,00,000 | 17,50,000 | 21,00,000 | 5 |
| Strategy | 13,50,000 | 21,00,000 | 19,75,000 | 18,08,333 | 6 |
| Systems/IT | 13,50,000 | 19,93,764 | 17,70,000 | 17,22,792 | 13 |
Location
| Location - Wise Salary Breakdown (Amount in Rs) | |||||
| Location | Minimum | Maximum | Median | Mean | Data |
| Ahmedabad | 18,03,609 | 18,03,609 | 18,03,609 | 18,03,609 | 1 |
| Bengaluru | 15,30,000 | 40,00,000 | 20,00,000 | 21,84,021 | 70 |
| Chennai | 20,00,000 | 24,50,000 | 24,00,000 | 22,93,750 | 8 |
| Delhi | 17,50,000 | 28,07,000 | 20,50,000 | 21,46,417 | 12 |
| Faridabad | 16,00,000 | 16,00,000 | 16,00,000 | 16,00,000 | 1 |
| Gurugram | 13,50,000 | 29,25,000 | 25,00,000 | 23,45,511 | 58 |
| Hyderabad | 16,50,000 | 30,00,000 | 19,93,764 | 21,41,858 | 18 |
| Jharsuguda | 17,50,000 | 17,50,000 | 17,50,000 | 17,50,000 | 1 |
| Mumbai | 13,50,000 | 53,00,000 | 23,50,000 | 24,03,340 | 105 |
| Noida | 20,00,000 | 35,00,000 | 20,00,000 | 23,00,000 | 5 |
| Pan India | 11,90,000 | 32,00,000 | 19,00,000 | 20,50,585 | 77 |
| Pune | 17,70,000 | 28,63,620 | 20,31,400 | 20,98,301 | 16 |
| TBD | 16,00,000 | 20,00,000 | 16,00,000 | 17,33,333 | 3 |
International Offers
| International Offers - Salary Breakdown (Amount in $) | |||||
| Location | Minimum | Maximum | Median | Mean | Data |
| Abu Dhabi | $71,000 | $71,000 | $71,000 | $71,000 | 1 |
| Dubai | $36,873 | $98,026 | $67,450 | $67,450 | 2 |
| Hong Kong | $83,276 | $83,276 | $83,276 | $83,276 | 1 |
| Kuala Lampur | $52,873 | $52,873 | $52,873 | $52,873 | 5 |
| San Diego | $88,500 | $88,500 | $88,500 | $88,500 | 1 |
| Singapore | $73,883 | $73,883 | $73,883 | $73,883 | 2 |
| TBD (Global) | $49,000 | $49,000 | $49,000 | $49,000 | 1 |
It is evident that IIM Ahmedabad attracts the creme de la creme of the corporate world who are looking for the best talent for their requirements.
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