IIM Ahmedabad placements 2018: International salary falls; domestic package rises

IIM Ahmedabad released the Audited Placement 2018 report. PGP 2016-18 students earned the highest domestic salary of Rs. 72 lakhs in 2018 placement against Rs. 53 lakhs last year, reflecting an increase of Rs.19 lakhs. However, the highest international offer has gone down to Rs. 66 Lakhs in Placement 2018 as against Rs.82 Lakhs last year.

In the last two years, the maximum amount of compensation paid by IIM Ahmedabad International has decreased, although the value of the US dollar has increased relative to the falling value of the Indian rupee. By contrast, IIM Ahmedabad Placement 2018's audited figures reflect a substantial increase in average compensation for both domestic and international placements in 2018.

Unfortunately, in terms of international recruitment, the institute faced great disappointment. The highest international salary offered in 2018 fell to Rs 66 lakh per year, a decrease of Rs 12 lakh. In 2017, the highest international salary offered was Rs 82 lakh, a considerable drop from previous years. This decline is attributed to the depreciation of the Indian rupee against the US dollar.

The median salary offer for IIM Ahmedabad graduates has not increased significantly compared to last year. This year, the median salary was recorded at Rs 23 lakh per year, an increase of Rs 1 lakh compared to last year.

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Comparison Chart of salary offered -

CTC	2018	2017
Highest Domestic CTC offered	Rs 72 lakh per annum	Rs 53 lakh per annum
Highest International CTC offered	Rs 66 lakh per annum	Rs 82 lakh per annum
Median Domestic CTC offered	Rs 22 lakh per annum	Rs 23 lakh per annum

Although general management dominated the procedures of IIM Ahmedabad's placement process in 2018, consulting firms continued to hire a large number of candidates (119 functional offers) as in previous years. Accenture Strategy, with 18 deals (including pre-placement offers), was the leading provider, closely followed by Amazon and The Boston Consulting Group with 14 deals each. Other regular recruiters were A. T. Kearney, Bain & Co., Goldman Sachs, Morgan JP, McKinsey & Company, Monitor Deloitte and Oliver Wyman.

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Highlights 2018:-

Total number of students placed:- 388

Total number of students who opted out of the placement process:- 10

Top recruiting sector:- Consulting (124)

Top recruiting company:- Accenture Strategy (18 offers)

Total number of firms participated:- 125

Total number of offers made:- 150

First-time recruiters:- KPMG, Grofers, Walmart, Basix, ITC Agri

Offers accepted (International Locations):- Hong Kong, Malaysia, Nigeria, UAE, Germany, Vietnam, Singapore