NE NEWS SERVICE
AHMEDABAD, SEPT 3
The Indian Institute of Management (IIM) Ahmedabad on Wednesday announced that 42 students from the Class of 2020 of the one-year Post Graduate Programme in Management for Executives (PGPX) were placed in Information Technology (IT) sector. It was followed by Online Services, Consulting and BFSI, with 14, 13, and 11 recruitments. respectively.
A total of 130 firms participated in this year’s campus placement process, offering a spectrum of over 300 different roles to PGPX graduates.
This year’s highest salary package of Rs 81 lakh was offered by the sector clubbed under education, aviation and non-profit that picked six students. The average annual salary package has gone up to Rs 33.36 lakh which was Rs 30.35 lakh last year.
The graduating students 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 14th 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.
Prof. Amit Karna, Chairperson of the Placement Committee, said, “The outcome of the placement process of the PGPX Batch of 2020 demonstrates the strength of the programme and the value that recruiters see in hiring our students for their talent needs at mid to senior-level positions. We were delighted to welcome over 20 new recruiters from across sectors who were able to hire the best talent for their organizational needs. We are grateful for the faith that the recruiters – both new and regular – continued to place in the placement process and our students. We wish our graduates great success in their careers.”
Commenting on this, Adarsh Sharma, PGPX Recruitment Secretary, said, “We are delighted to share the excellent placement results of PGPX Class of 2020. In the last couple of years, we have witnessed a growing demand for candidates from programs such as PGPX in organizations. We have seen an increased interest from E-commerce, Healthcare & Life Sciences and Fintech companies well complimented by the traditional recruiters from IT, Consulting, Pharma & 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. We take pride in the continued trust the organisations have bestowed upon IIMA’s PGPX Class of 2020 and are confident that PGPX graduates will continue to excel in every role and responsibility undertaken by them.”
IIM Ahmedabad encourages students to take up entrepreneurship as a career, and this year also three students have taken 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, the release added.
