IIM Ahmedabad is one of the premier management institutes in the country. The institute recently concluded its PGP Cluster 3 placements 2023 on Feb 20. The Cluster 3 placement drive 2023 for the PGP batch received placement offers in BFSI, Consumer Tech, Analytics & Consulting, Enterprise Tech, Core Manufacturing and Infrastructure, EdTech, Government Enterprise and Logistics. 

IIM Ahmedabad Placements 2023 Highlights:

  • IIM Ahmedabad recorded 100% placements for its PGP and FABM batch for 2022 placements
  • The highest domestic and average CTC offered during IIM A PGP placements in 2022 were INR 61.48 LPA and INR 32.79 LPA respectively. 
  • The highest international salary recorded was INR 1.14 CPA while the highest domestic salary offered was INR 75.2 LPA. 
  • There was an increase of 21% in the median package at INR 36.2 LPA 
  • A total of 121 students registered for the placement drive and there were 172 placement offers made by participating recruiters. 
  • The highest number of offers was received from the IT & Healthcare sector
  • 20 new recruiters participated in the 2022 placement process at IIM Ahmedabad
  • PGP graduates received job offers from well-known recruiters, including Asian Paints, The Coca-Cola Company, Loreal, Kimberly Clark, and Wipro Consumer Care, as well as Adani Group, Aditya Birla Group, CK Birla Group, Tata Administrative Services, Piramal Group, Bajaj Finserv and JSW One Platforms Limited.

IIM Ahmedabad Cluster 3 PGP Placement 2023 Highlights:

  • The top recruiter in Consulting & Analytics was TCS 15 with offers including PPO
  • The second-highest number of offers were received in the BFSI vertical 
  • Cluster 3 summer placements for the 2022-24 batch concluded on Nov 7, 2023
  • For IIM Ahmedabad PGP FABM placements 2023, a total of 47 students were placed during the hybrid placement process 

IIM Ahmedabad Cluster 2 PGP Placement 2023 Highlights:

  • Placement offers were received from 5 cohorts for the cluster 2 PGP placement 2023: Conglomerates, Consumer Goods & Durables, Consumer Services, Pharma & Healthcare, Retail B2B & B2C. 
  • The highest number of offers were received from the Essar Group during IIM Ahmedabad Cluster 2 PGP placements 2023 
  • The Conglomerate cohort made the highest number of offers, closely followed by the FMCG / FMCD during IIM Ahmedabad Cluster 2 PGP 2023 placements 
  • Top recruiters included Asian Paints, Wipro, Adani Group, Aditya Birla Group to name a few.

IIM Ahmedabad Cluster 1 PGP Placement 2023 Highlights:

  • Cluster 1 international offers at IIM Ahmedabad increased by 50% in the last year 
  • There were 50 participating recruiters in the placement process
  • McKinsey was the top recruiting company, closely followed by BCG
  • They made 18 offers to the students during IIM Ahmedabad cluster 1 2023 final placements

The placement process at IIM Ahmedabad witnessed a significant increase in the number of net offers made by various sectors. The Conglomerate cohort recorded a 135% increase in the number of net offers, while the Private Equity, Venture Capital and Asset Management cohort witnessed a 19% increase. Similarly, the Cards and Financial Advisory cohort saw a 20% rise in the number of net offers as compared to the previous year.

In the General Management domain, Adani made the highest number of offers, including pre-placement offers, with 10 offers. The Essar Group closely followed Adani with 8 offers. Tata Consultancy Services was the most prominent recruiter in the IT Consulting cohort, making 10 offers, including PPOs.

Despite providing the option of a hybrid mode of placement, IIM Ahmedabad witnessed a large number of recruiters visiting the campus, while only a few logged in from remote locations. Recruiters from top consulting firms such as Arthur D. Little, Alvarez & Marsal, Bain & Co., Boston Consulting Group, Kearney, KPMG, McKinsey & Company, Monitor Deloitte, PwC, and more participated in the placement process. Prominent recruiters in the Investment Banking & Markets and Private Equity, Venture Capital, and Asset Management space included A91 Partners, Arpwood Capital, ARGA Investment, Avendus, Bank of America, Citibank, Goldman Sachs, HSBC, JP Morgan Chase & Co, Kotak, Morgan Stanley, Premji Invest, and more.

The Banking, Financial Services & Insurance, and Cards & Financial Advisory recruiters included American Express, Angel One, IDFC First Bank, IIFL Securities, and Mastercard. Several prominent recruiters in the Enterprise Tech space such as Adobe, Atlassian, Ikigai Labs, and Oracle also made offers.

In the Finals placements process, McKinsey & Company and Boston Consulting Group emerged as the firms that made the most offers on campus. McKinsey & Company made the most offers, including PPOs, at the end of the final placement process with 34 offers, followed closely by Boston Consulting Group with 33 offers. Overall, the placement process at IIM Ahmedabad witnessed an excellent response from recruiters across sectors, indicating the growing demand for talent from the institute.


IIM Ahmedabad placements 2022 and 2021 Statistics:


Placement Statistics (2021)

Placement Statistics (2022)


PGP Offers Accepted

374 (9 international)

382 (7 International)

PGP Placement Rate



PGP Highest Domestic CTC


INR 61.48 LPA

PGP Highest International CTC

USD 1,54,355 per annum

USD 1,40,599 per annum

PGP Average Domestic CTC

INR 27.54 LPA

INR 32.79 LPA

PGP Average International CTC

USD 98,962 per annum

USD 1,08,405 per annum


PGP FABM Offers Accepted


47 (1 International)

PGP FABM Placement Rate



PGP FABM Highest Domestic CTC

INR 27.82 LPA

INR 33.83 LPA

PGP FABM Highest International CTC

USD 1,26,523 per annum

USD 49,000 per annum

PGP FABM Average Domestic CTC

INR 17.79 LPA

INR 21.49 LPA

PGP FABM Average International CTC

USD 80,901 per annum

USD 49,000 per annum


PGPX Offers Accepted


119 (5 International)

PGPX Placement Rate



PGPX Highest Domestic CTC


INR 75.20 LPA

PGPX Highest International CTC

USD 3,72,904 per annum

USD 1,51,297 per annum

PGPX Average Domestic CTC

INR 32.44 LPA

INR 38.64 LPA

PGPX Average International CTC

USD 1,47,549 per annum

USD 1,36,082 per annum


Summer Placements for 2022-2024 Batch

  • IIM Ahmedabad summer placement drive for the 2024 batch saw a participation of a total of 35 firms
  • TCS was the top recruiter with 11 offers at the summer placements for the 2022-24 batch
  • Students received offers from 11 sectors 11 during IIM Ahmedabad cluster 3 summer placements
  • These sectors included BFSI, Consumer Technology, EdTech, IT Consulting & Analytics among others
  • Boston Consulting Group emerged as the top recruiter with 28 offers during the PGP summer placement drive
  • BCG was closely followed by Bain and Company which made 23 offers
  • Cluster 2 summer placement drive at IIM A saw participation from about 50 companies
  • Adani Group was the top recruiter at the summer placements for the 2022-24 batch with 16 offers


IIM Ahmedabad PGP Summer Internship Placement for 2021-23 Batch:

Total Students 


No. of Recruiters 


No. of New Recruiters 


No. of Roles Offered 


Total Dream Applications


Top Recruiters 

BCG, Bain & Company, Pwc, GEP, Synergy Consultant, Goldman Sachs, True North, Xander Group, HUL, Samsung Electronics, Airtel, Amazon, TCS, Ola Electric, etc.


IIM Ahmedabad Function-Wise Placement 2022:


Domestic Offers

International Offers

Total Offers

Business Development












General Management




Marketing/ Sales








Program Manager




Project Appraisal & Monitoring




Product/ Category Management








Supply Chain Management










1.What is the highest domestic and international CTC offered during IIM Ahmedabad PGP placements in 2023?
The highest domestic CTC offered during IIM Ahmedabad PGP placements in 2022 was INR 61.48 LPA. The highest international CTC offered during IIM Ahmedabad PGP placements in 2022 was INR 1.14 CPA (which is equivalent to USD 1,40,599 per annum).

2. What is the average salary offered at IIM Ahmedabad for placement 2023?
As per the IIM Ahmedabad Placement Report 2023, the average domestic CTC offered during the PGP placements in 2022 was INR 32.79 LPA. However, it’s important to note that this is an average and salaries may vary depending on the industry, job profile, and individual candidate’s experience and qualifications.

3. Which sector made the most offers at IIM Ahmedabad for placement in 2023?
The highest salaries at IIM Ahmedabad have been offered in sectors such as consulting, investment banking, private equity, and technology.

4. Who are the top recruiters at IIM Ahmedabad for placement 2023?
The top recruiters at IIM Ahmedabad for placement 2023 are McKinsey & Company and Boston Consulting Group, who made the most offers (including PPOs) at the end of the final placement process with 34 and 33 offers, respectively.

5. Who are some of the recruiters that came to IIM A  for placement 2023?
There were several recruiters that visited IIM Ahmedabad for the placement season of 2023. Some of the top recruiters across various domains include

  • McKinsey & Company
  • Boston Consulting Group
  • Tata Consultancy Services
  • Adani
  • Essar Group
  • Goldman Sachs
  • Citibank
  • JP Morgan Chase & Co.
  • KPMG
  • PwC
  • American Express
  • Mastercard
  • Oracle
  • Atlassian
  • Adobe

6. Which companies offered international positions during the IIM Ahmedabad placement drive in 2023?
There is no specific information available on which recruiters made international offers at IIM Ahmedabad’s placement drive for 2023. However, it is common for top consulting firms and investment banks to offer international roles to students at top business schools like IIM Ahmedabad. Some of the prominent recruiters in these domains that visited IIM Ahmedabad’s campus for placement 2023 include McKinsey & Company, Boston Consulting Group, Goldman Sachs, JP Morgan Chase & Co, and others. It is likely that some of these firms may have offered international roles to the students.

7. How does IIM Ahmedabad conduct its placement process?
IIM Ahmedabad’s final placements process is conducted using a cluster system that includes three clusters. Each cluster focuses on inviting different sectors in cohorts.

8. Does IIM Ahmedabad have a 100% placement record for 2023?
IIM Ahmedabad has achieved 100% placements for the placement drive 2023, with 188 companies participating in the process and offering approximately 280 roles, indicating a high degree of placement success.

9. How many recruiters took part in the summer job hiring at IIM Ahmedabad in 2023?
45 recruiters engaged in the summer job placements of 2023, with BCG emerging as the best recruiter with 26 offers.

10. How many offers were made during the summer job hiring at IIM Ahmedabad in 2023?
More than 76 offers were given at IIM Ahmedabad during the summer internship recruitment campaign of 2023.


To know more about placements at IIM A visit: https://www.iima.ac.in/academics/mba/career-and-placement

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