IIM B 1 Year MBA/EPGP Placements 2019 – Highlights

The average salary was pegged at Rs 26.28 Lakh per annum (LPA) and median salary at Rs 25 LPA. Both the average salary and median salary went up from Rs 23.46 LPA and Rs 22.00 Lakh LPA respectively recorded during the EPGP 2018 placements.

All the 73 students of the EPGP 2018-19 batch participated in the placement process that concluded in June 2019 and accepted the roles offered within three months of graduation, IIM Bangalore said in the Placement Report.

• Higher mean salary in 2019 compared to 2018: The mean salary has gone up by Rs 2.82 Lakh to Rs 26.28 LPA in 2019 as compared to Rs 23.46 Lakh LPA in 2018
• Higher median salary in 2019 compared to 2018: The median salary has risen by Rs 3 Lakh to Rs 25.00LPA in 2019 from Rs 22.00 LPA in 2018
• 100% placement for 73 students within three months of graduation

Roles Offered

The roles offered included AVP – Engineering Head Marketing; AVP – Operations IT Leadership Program; AVP (Startup Incubator Program) Leadership Trainee (Market Operations); Business Consultant Principal Consultant; Business Manager / Product Manager / City Manager (BD & Operations) / Program Manager; Cluster Manager; Senior Consultant; Consultant-Strategy; Senior Manager – Consulting; GM (Operational Excellence); Senior Manager (M&A); Head Technology Vice President.

Top Recruiters

Industry-wise Breakup

Consolidated  list of offers

• Accenture Tech Strategy 7
• L&T Infotech 3
• Airbus 2
• Manipal Technologies Limited 2
• Amazon 1
• McKinsey & Company 3
• Axis Bank 1
• Microsoft 1
• Basix Sub-K iTransactions 2
• OpenText 1
• Chups 1
• PWC 1
• Deloitte 2
• Quantiphi 3
• E2Open 1
• RPG Group 2
• Ford ITLP 1
• Sapient 1
• Genpact 6
• Shell India Markets Pvt Ltd 2
• HCC 2
• SigTuple 3
• ICICI Bank ltd 1
• Sterlite 4
• Infosys Consulting 4
• Sutherland 1
• ITC Infotech 4
• Tata Elxsi 1
• KRYFS 1

Batch Profile 2019-20

• No. of Students:  75
• Male-female ratio 77:23
• Average experience 7 Years
• GMAT Score Range 650-770
• Mean GMAT score 709

Sources 1, 2, 3, 4

IIM Ahmedabad 2019 Placements – 1 Year MBA / MBA for Executives (PGPX)  – Full Report

IIM Ahmedabad has released the placement report for the One Year MBA / MBA for Executives (Post Graduate Program for Executives – PGPX) Class of 2019 on August 6, 2019.

IIM Ahmedabad is one of the few B-Schools to adhere to the Indian Placement Reporting Standards (IPRS) as per which placement numbers are provided as per a pre-approved standard format and the all placement numbers are are audited for accuracy by an external agency. The IIM Ahmedabad 1 Year MBA / PGPX Placement Report 2019 has been audited by the Brickwork Ratings India Pvt Ltd.

The final placement process for the Class of 2019 of the IIM Ahmedabad One Year MBA Programme, the full-time Post Graduate Programme in Management for Executives (PGPX), started in November 2018 and was completed in June end 2019. 

IIM A 1 Year MBA / MBA for Executives Placements 2019  – Highlights

• Higher domestic salary in 2019 compared to 2018: IIM Ahmedabad has shared that the highest domestic salary for One Year MBA / MBA For Executives (PGPX) has also gone up to Rs.60 Lacs per annum in 2019 as compared to Rs.54.6 LPA in 2018

ISB Hyderabad / Mohali 1 Year MBA (PGP) 2019 Placements/Packages

Note- this is the full and final report on ISB’s 2019 PGP placements and is an update to the previous story on ISB’s interim placements report for Class of 2019 published by us in December 2018.

Placement Highlights

• There has been a 16% growth in the placement offers compared to the previous year
• 35 students had opted out of the placement process to take up the entrepreneurial path
• The highest domestic package is Rs 1 crore
• In 2019 average CTC of Rs 25.09 LPA is the highest average/packages CTC of any class at ISB so far. The best ISB average packages so far.
• This is more than the Rs 22,13,592 (80% mean) and Rs 22,00,000 (80% median) drawn by the Class of 2018.

ISB Average Packages – Average salary  (Mid 80 percentile offer average) – Past 5 years & current year 

• In 2014, Average Domestic Salary was Rs 18,15,964 
• In 2015, Average Domestic Salary was Rs 19,12,444
• In 2016, Average Domestic Salary was Rs 22,58,273
• In 2017, Average Domestic Salary was  Rs 20,90,211
• In 2018, Average Domestic Salary was Rs 22,14, 684
• In 2019, Average Domestic Salary is Rs 25.09 LPA

The Class of 2018 got 42 offers from 22 international firms that included Arthur D Little Dubai, Cargill, Chemaf, Damac, Siemens and Kalpataru International.

Domain-wise ISB Placement Details

Major Placement Sectors

• Consulting
• IT/ITES
• E-Commerce 
• BFSI 

Top Recruiters

Deloitte, Accenture and Amazon made more than 15 offers.

Amazon, Bain, BCG, Deloitte, Flipkart, Google, HDFC Bank, LEK Consulting, McKinsey, Microsoft, Oyo Rooms, Reliance Industries, Rivigo, Samsung, Uber also had their biggest single-campus placement at ISB.

Barclays, Citibank, Credit Suisse, HSBC, JP Morgan, ICICI Bank and Matrix were the prominent recruiters in the BFSI sector.

Apple, E&Y, GrabTaxi, Li and Fung were the top international recruiters who hired for locations in the Middle East, Hong Kong, North Africa and Singapore

Bizongo, Cars24, Magicpin, Paytm, Shuttl, Swiggy, Udaan.com, and Zomato also were among the major Startups at the Placement.

While the Placement process concluded in April 2019, ISB is yet to post the detailed placement figures on its website. Overall ISB average packages seem pretty good.

Major Recruiters at ISB 2019 PGP Placements

Profile of ISB’s Class of 2019

The Class of 2019 comprised a pool of students drawn from varied backgrounds such as

• Consulting
• Finance
• Marketing
• Technology
• Medicine
• Merchant Navy and
• Defense 

Several students had the experience of working across geographies.

Retaining the philosophy of ‘One school – Two campuses’, ISB’s admission policy, academic calendar, a mix of resident and visiting faculty (from partner schools) and placement policy has continued to remain common for both the campuses in Hyderabad and Mohali.

Students are drawn from a common merit list and assigned to either of the campuses randomly in the ratio of class capacities.

Batch Statistics

• The Class of 887 has 34% women.
• The GMAT mid 80% range was 680 to 750 (Mean 710, Median 710).
• GRE mid 80% was 322 to 331(Mean 326, Median 326).
• The class had 37 students with 8 years and above work experience.
• 202 with 5-8 years work experience
• 361 with 3-5 years work experience
• 287 with up to 3 years work experience.

Class of 2019 – Industries represented

• Consulting 25%
• IT/ITES 17%
• Banks/Financial Services/Financial Institutions 11%
• Manufacturing 9%
• Marketing   7%
• Oil/Energy/Petroleum/Minerals  5%
• Others 7%
• Advt/ Media/ Comm/PR/ Entertainment 3%
• FMCG/ Retail/Consumer Durables 3%
• Govt/ PSUs/ NGOs/ Forces/ Services 3%
• Pharma/ Biotech/ Healthcare/ Hospitals 3%
• Infrastructure/ Construction/ Real Estate 2%
• Engineering 2%
• Education / Teaching & Training 1%
• High Technology/ Electronics/ MFG/Service 1%
• Telecom 1%

Class of 2019 – Functions represented

• 15% from Sales & Marketing.
• 10% from Operations
• 9%  from Finance
• 9% from General Management/Strategic Planning
• 8% from Analytics 
• 8% from Product Development
• 7% from Engineering 
• 7% from Project Management
• 1% each from Business Research and Technology.
• 5% from others

During the same period, applications at US schools fell by 6.6%. While around two-thirds of Canadian business schools reported a year-over-year increase in applications, only a third of American schools reported a rise in applicants.

Meanwhile, some of the most sought-after MBA programs in the US saw a decline in the number of applications. University of Chicago’s Booth School of Business had an 8.2% drop, Stanford GSB 4.6%, Harvard 4.5% and Northwestern Kellogg 2.7%.

The Toronto-based Rotman School of Management witnessed a 90% growth in international students since 2014. These students accounted for 60% of the enrolment in the 2020 MBA program.

The Chicago Tribune quotes GMAC president Sangeet Chowlfa as saying that the declining interest among students from across the world to study in B-schools in the US was a long-term trend.

The GMAC study noted that while the majority of applications received by Canadian and European programs this year were from international applicants, such applications to US schools dropped by 10.5%. GMAC had sent questionnaires to almost 2,600 business schools around the world and the survey received feedback from 363 faculty and 1,087 graduate management programs.

The Toronto-based Rotman School of Management witnessed a 90% growth in international students since 2014. These students accounted for 60% of the enrolment in the 2020 MBA program.

Apart from US President Donald Trump’s policies that made US schools a less attractive proposition for international students, a GMAC survey of around 10,000 international students two years ago had revealed that almost half of them felt that the tuition fee in the US schools was too high leading to a huge education debt even after graduation. While around 57% of the respondents wanted to study outside their home country, a third had sought global careers.

While the Trump administration placed restrictions on specialized work permits, former Canadian Prime Minister Stephen Harper, in his term, had relaxed work visa rules for international students, graduates and their spouses.

This is another factor that makes Canada an attractive destination. The work visas are seen as a relatively easy way of acquiring permanent residence status for many who want to settle down in Canada.

Paul Davidson, CEO of Universities Canada, said Canadian post-secondary institutions have seen increases in applications across a range of professional programs from countries like Mexico and India.

Compared to an increasingly protectionist US regime and the unsettled times in the United Kingdom caught in the throes of Brexit, Canada’s value has gone up among international students. Canadian policy makers are also not averse to attracting international talent. They have realised that one of the ways of attracting direct investment to Canada is by providing a highly educated and globally minded labour force.

Meanwhile, the domestic outlook is not that rosy for Canadian B-schools. Applications from citizens have dropped 11.2% between 2017 and 2018.