Tuesday, August 6, 2019

Highest international salary up by 56% for IIM-A's one-year MBA 


The programme saw the highest domestic salary of Rs 60 lakh per annum.


Business Standard : Highest international salary package for the Indian Institute of Management, Ahmedabad (IIM-A)'s one year MBA programme for executives (PGPX) 2018-19 batch is up by 56 per cent over last year.

IIM-A released the latest audited placement report of the one-year MBA-PGPX programme, offered to executives with prior work experience of anywhere between 5 to 17 years, for the process concluded in June this year.

As per the audited placement report, maximum earning potential (MEP), which is the sum of total guaranteed cash component, maximum possible-linked variable pay and all other components of salary, for the international offer stood at $109,666 per annum in 2019. The highest international MEP in 2018 was $70252. However, in 2019, IIM-A's MBA-PGPX received only one international offer at $109,666 MEP.

On the other hand, the programme has seen the highest domestic MEP of Rs 60 lakh per annum, up by 10 per cent from last year's Rs 54.6 lakh per annum.

A total of 75 firms visited IIM Ahmedabad PGPX with 290 different roles for this year’s campus placement process.

The graduating students accepted a total of 114 offers from firms across sectors such as Consulting, BFSI, Conglomerates, FMCG, E-Commerce, Technology, IT and ITeS, Energy, Logistics, Pharma, FinTech and Real Estate. Of these, IT continued to be the largest recruiting sector for the programme with 47 offers, followed by BFSI (15) and engineering/technology (11).

Students were offered positions such as Group CFO, Vice President, Director-Sales, Associate Vice President, General Manager, Head of Operations, Principal Consultant, Senior Manager, Product Manager, and Implementation Coach.

Led by Accenture, RPG Group and Innoviti Payment Solutions, several recruiters made offers. Other recruiters for the MBA-PGPX included Adani Group, Adidas AG, Amazon, Ericsson, Flipkart, Google, Genpact, Hindustan Coca-Cola Beverages, Honeywell, HSBC, ICICI Bank, Infosys, Lodha Group, Mastercard, McKinsey, Microsoft, OYO, and Uber, among others.




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