As against the highest domestic MEP of Rs 81 lakh, the average domestic MEP for IIM-A's PGPX placements stood at Rs 33.3 lakh. This was up by nearly 10 per cent from last year when it attracted an average domestic MEP of Rs 30.35 lakh. However, unlike last year when the programme attracted highest international MEP of $109,666, this year there were no international offers amid the pandemic.
Ahmedabad follows the Indian Placement Reporting Standards (IPRS) wherein the process is audited by an external agency. Completed in July this year, the B-school released its placement report now audited by an external agency.
Sector-wise, Information Technology (IT) firms formed the largest sector in terms of job offers with 42 accepted offers in the final placement process of PGPX. Following IT firms
were online services, consulting and BFSI
(banking, financial services and insurance) sectors, with 14, 13 and 11 accepted offers, respectively. In all, 130 firms participated in the campus placement process in 2020, offering a spectrum of over 300 different roles to PGPX graduates.
Marquee recruiters that rolled out offers to PGPX students included AB InBev, Accenture, Amazon, Bank of America, Bharti Airtel, Citi, Deloitte, EY, Genpact, Honeywell, ICICI Bank, L&T Infotech, Microsoft, Mastercard, PwC, Schindler, Shell, Udaan and Zensar among others, of which Genpact made the largest number of offers.
Graduating students of PGPX accepted a total of 120 offers from firms cutting across sectors such as Consulting, BFSI, Conglomerates, FMCG, E-Commerce, Technology, IT and ITES, Energy, Logistics, Pharma, and Manufacturing.
The participants of the fourteenth batch of PGPX came from varied backgrounds with rich experience ranging from 4 to 16 years. Recruiters visited campus to select candidates for their mid-senior and senior level management positions. Students were offered positions such as Co-CEO, Chief Product Executive, Vice President, Director, Associate Vice-President, National Head, General Manager, Senior Advisor to CEO, Young Leadership Programs, Principal Consultant, Senior Manager, Product Manager, Client Partner and Offering Manager.
Commenting on the placements, Amit Karna, Chairperson of the Placement Committee at IIM-A, said this year the campus saw over 20 new recruiters from across sectors who were able to hire the best talent for their organisational needs.
On the other hand, Adarsh Sharma, PGPX Recruitment Secretary, stated that the program has seen an increased interest from e-commerce, healthcare & life sciences and fintech companies
well complimented by the traditional recruiters from IT, consulting, pharma and conglomerates.
"The experienced and diverse cohort of the programme assures a greater alignment between the organizational needs and the candidate’s aspirations. We have strengthened our relationship with our long-associated recruiters and have partnered with many new organisations this year," Sharma added.
Ahmedabad also saw three students this year take up entrepreneurship to pursue their ideas under the guidance and mentorship of Centre for Innovation Incubation and Entrepreneurship (CIIE.CO). These students will be given a placement holiday of two years.
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.