IIM-A executive MBA highest salary drops from Rs 1 crore to nearly 50 lakh in a year, a 6 year low
IIM-Ahmedabad's one-year MBA programme for executives (PGPX) faced challenges this year amid a global slowdown, with the highest maximum earning potential (MEP) offered at Rs 54.8 lakh per annum, marking a six-year low. The highest-ever MEP of Rs 1.08 crore was recorded last year, while the average highest MEP from 2018 to 2022 was Rs 70.56 lakh. In addition, the median MEP increased from Rs 33 lakh in 2023 to Rs 35 lakh in 2024.
Out of 147 students, 126 opted for placements, and 121 accepted offers, leaving five unplaced. This is the second instance since the pandemic year 2020 where five students did not secure their desired offers. Three students pursued entrepreneurship, and two joined their family businesses.
A total of 105 recruiters participated, with 67 being first-time recruiters. The placement data was shared through the Indian Placement Reporting Standards (IPRS) report for IIM-A's PGPX programme.
Consulting was the leading sector with 26 offers, followed by IT consulting with 16, banking and financial services with 13, and both IT solutions and pharmaceutical/healthcare sectors with 12 offers each. The pharmaceutical/healthcare sector, which had 15 offers in 2021, saw an increase in placements. The energy sector also witnessed growth, with seven placements compared to five last year.
Professor Vishwanath Pingali, chairperson of the placement committee, said, «Healthcare and pharmaceuticals, and
