According to the Indian Institute of Management, Ahmedabad (IIM-A)’s recent placement report, the maximum earning potential (MEP) of its year-long MBA programme for executives (PGPX), in terms of international offers, stood at $109,666 per annum in 2019. This reflected a rise of 56 per cent as compared to 2018.
The MEP is the sum of total guaranteed cash part of the salary, maximum possible-linked variable pay and all other components. On the domestic front, the highest salary offered was Rs 60 lakh per annum.
The one-year MBA is offered by IIM-A to executives who possess work experience of 5 to 17 years.
The highest international MEP last year stood at $70252. This year, the course received only one international offer at $109,666 MEP. However, the highest domestic MEP of Rs 60 lakh per annum, saw a rise of 10 per cent from last year’s Rs 54.6 lakh per year.
About 75 organisations participated in the campus placement process, making about 114 different offers across various sectors, including consulting, BFSI, conglomerates, FMCG, e-commerce, technology, IT and ITeS, energy, logistics, pharma, fintech and real estate. The IT sector continued to dominate with 47 offers, followed by BFSI with 15 and engineering/technology with 11.
The offers made were for different posts, including that of group CFO, vice president, director-sales, associate vice president, general manager, head of operations, and even implementation coach.
Some of the big names that participated included, Accenture, RPG Group, Innoviti Payment Solutions, Adani Group, Uber, OYO, Microsoft, McKinsey, Adidas, Amazon, Ericsson, Flipkart, Google, Genpact and Hindustan Coca-Cola Beverages.