IIM Ahmedabad

The Indian Institute of Management, Ahmedabad, is ranked as India’s and Asia-Pacific region’s top business school, offering post-graduate diploma programmes in management, agri-business management, and other executive training programmes. IIMA was established in 1961 by Dr Vikram Sarabhai, Shri Kasturbhai Lalbhai and Dr Jivraj Mehta, former Chief Minister of Gujarat. IIM Ahmedabad is located in Vastrapur, Ahmedabad, on a splendid 106-acre campus.

In this Article,

• Programmes Offered at IIM Ahmedabad
• IIMA Revised Eligibility Criteria
• Ranking over the Past 5 Years
• IIMA Scholarships
• Placements & Career
• Campus Life
• List of Prominent IIMA Alumni
• IIM Ahmedabad Average Package & Placements

IIM A has emerged among the world’s best business schools with guiding principles of excellence and integrity. Also, IIM Ahmedabad is one of India’s oldest IIMs, very well renowned for its outstanding educational standards.

• The IIM Ahmedabad MBA fees for the current (2021-2023) batch of PGP students is INR 23,00,000, including tuition fees of INR 16,99,000.
• The overall programme fees for the 2022-2024 batch have not yet been released.

IIMA has been committed to the cause for the past 56 years by educating and training leaders, entrepreneurs, and managers to serve organisations and society.

Programmes Offered at IIM Ahmedabad

IIM Ahmedabad offers various post management programmes for Bachelor’s degree graduates. The IIM Ahmedabad MBA admission criteria, various programmes offered, and the IIM Ahmedabad online courses are mentioned below:

IIMA Revised Eligibility Criteria

The IIM Ahmedabad selection criteria were revised for the 2022-2024 admissions as the pandemic hindered many universities from holding exams for the past two years, and therefore have been issuing pass/promotion certificates based on a variety of criteria. Consequently, the IIM Ahmedabad admission criteria were reviewed by the CAT Committee. This agreed to allow candidates who did not meet a minimum percentage for their Bachelor’s degree to take the exam in 2021. The IIM Ahmedabad admission committee decided to remove the requirement for a Bachelor’s degree from shortlisting criteria and apply it uniformly to all applicants.

Rankings over the Past Five Years

International Rankings:

The Financial Times Master in Management (MIM) ranking 2021 included a number of B-schools in Asia. IIM Ahmedabad made it to 62nd world ranking in the Financial Times 2022 Ranking released on 13th February 2022. National agencies continuously rank IIM Ahmedabad courses as India’s top business school. It is notable that IIMA also ranked 5th in the career service ranking by Financial Times MIM.

National ranking by renowned national agencies:

IIMA Scholarships

The Institute makes sure that no student is denied the chance to pursue two-year postgraduate programmes due to financial constraints. During an academic year, students may accept more than one scholarship or financial aid, so long as they do not have any objections from the sponsors, and the total amount of such scholarships or financial aid combined doesn’t exceed the actual yearly expenses payable to IIMA. IIMA scholarships are categorised into 13 categories based on various classifications. Please keep in mind that the scholarships listed below are subject to IIM Ahmedabad eligibility requirements, and some of these scholarships may not be awarded by the sponsoring organisations in any given year.

Scholarships offered by IIMA

• IIMA Special Need Based Scholarships – All students enrolled in the PGP & PGP-FABM programme, whose gross annual family income is less than Rs.15,00,000 in the previous financial year are eligible to apply for this scholarship, which is contingent on amount of educational loan taken, proof of household income and the student’s past earnings.
• SC/ST Scholarships – All SC/ST students enrolled in postgraduate programmes receive a monthly stipend of Rs.150 for a period of ten months
• Scholarships for students who graduate from IIMA and go for entrepreneurship – To encourage the graduating students to become entrepreneurs, the Institute has decided to provide a monthly stipend of Rs.30,000/- for at most three consecutive years two students from every batch.
• Scholarships for students who graduate from IIMA and join “Not-for-Profit” organisation – To encourage students to pursue careers in organisations; two students from each batch will be offered financial aid for a maximum of three years to help them pay back a portion of the bank loans they took out to attend IIMA.
• Assistance for students who graduate from IIMA and pursue doctoral studies – This scholarship will be offered to students who intend to pursue PhD studies in India or abroad for a maximum of three years. It took effect with the graduating class of 2015-17. Each year, scholarships range from Rs. 3 lakhs to Rs. 4 lakhs.

Scholarships offered by the Government of India, IIM Alumni, Industries and Corporations

• SC/ST Scholarships are awarded to meritorious SC/ST students, whose family income does not exceed Rs. 4,50,000 per annum.
• The Ministry of Minority Affairs, Government of India, awards Minority Welfare Scholarships (Merit-cum-Means) to students from minority communities whose household income does not exceed Rs. 2.50 lakhs per annum.
• Scholarships for Disabled Students – Awarded to meritorious DA/PWD students whose family income does not exceed Rs. 6,00,000 annually.
• PGP Alumni Endowment Funds – Financial assistance will be provided to nine PGP 1 and PGP/FABM II students from economically and socially disadvantaged families. Each student will be eligible for a sum scholarship ranging from Rs. 200,000 to 300,000.
• The Ministry of Minority Affairs, Government of India, awards Minority Welfare Scholarships (Merit-cum-Means) to students from minority communities whose household income does not exceed Rs. 2.50 lakhs per annum.
• At the end of the first year, the Smt. J Nagamma Memorial Award is given to one PGP first-year student as a merit scholarship based on academic performance. Here, Industry/Corporations offer a scholarship worth Rs. 15,000
• Aditya Birla Group Scholarship is awarded by the Aditya Birla Group to three meritorious PGP I and PGP II students. Selection of students is done entirely by the Aditya Birla Group, the amount per student is around Rs.175,000 per year
• Dunia Scholarships for scholastic excellence – Dunia Finance LLC, Dubai, UAE, funds Rs.100,000 merit scholarship for PGP-I and PGP-II students each.
• OP Jindal Engineering and Management Scholarship – The selection is made on the basis of academic performance, an online test and personal interview. Rs. 150,000 is awarded to one / two students from the second year PGP programme
• T. Thomas Scholarship of 1,00,000 per year by Hindustan Unilever Ltd. to a second year student based on merit-cum-means criteria.

Placements and Career

IIM Ahmedabad provides the best job opportunities to its students in top recruiting companies. The IIM Ahmedabad placement process is conducted in three stages:

• Lateral process: Based on the prior work experience of candidates, the positions offered are mid-level managerial positions. Lateral placements take place during the final term for students with significant work experience at companies that offer opportunities that are higher than entry-level. Firms that come for the Lateral process are: Analytics Banking & Financial Services Management Consulting Consumer Services Pharmaceuticals and Technology. Amongst the top recruiters like McKinsey, Goldman Sachs and others, Amazon became the top recruiter with 18 offers.
• Summer placement process: Summer interns at the Institute have benefited from a broad range of business support that have resulted in diverse, complex, and challenging learning opportunities. It is a prominent and integral component of the Post-Graduate Programme (PGP). During this internship, interns compile and give a report on the summer assignment to the organisation. They also are required to share their knowledge with the Institute before enrolling in the second year.
• Final placement process: The fourth term of the graduating year is when final placements are made. Every year, a remarkable spectrum of the finest companies from India and across the globe visit the IIM Ahmedabad campus in quest of the right skilled professionals.The market for the IIMA graduates have stayed high throughout the years, as newly hired recruits maintain to deliver their promises. Firms are grouped into cohorts based on the profile offered, and groups of cohorts are invited to campus across different clusters.

Campus Life

• Wi-Fi/LAN access is available throughout the campus. The Institute offers a well-equipped conference hall, air-conditioned classrooms in the Amphitheatre style, a fully air-conditioned gymnasium, an e-library, and canteen, among other amenities.
• Students are accommodated in single rooms in one of the 27 fully furnished dorms located throughout campus.
• Married students can reside in married students’ hostels with their families. Dormitory living is compulsory for students. Each dorm has basic utilities such as televisions, washing machines and refrigerators.
• The IIM Ahmedabad fees for one-year PGPX Batch 2022-23, is INR 30 lakhs for students opting for SSH (Single Accommodation) and INR 32 lakhs for candidates opting for MSH (Married Student Housing)
• The Kasturbhai Lalbhai Management Development Centre, the Centre for sports facilities, the International Management Development Centre, The Vikram Sarabhai Library, The R.J. Matthai Auditorium and several food outlets and merchandise stores are all positioned in the IIM Ahmedabad campus.

The following mission-oriented centres are headed by faculty members at the institution.

List of Prominent IIMA Alumni:

• Kiran Karnik – Former President of NASSCOM (Batch of 1985)
• Deep Kalra – Founder and CEO MakeMyTrip (Batch of 1992)
• Rashesh Shah – Chairman and CEO of the Edelweiss Group, Co-Founder of Edelweiss Financial Services Limited (Class of 1989)
• Falguni Nayar – Founder and CEO, Nykaa
• N.R Narayana Murthy – Co-Founder Infosys
• Supam Maheswari- Co-Founder & CEO Firstcry (Batch 2008-2010)
• Sanjeev Bikhchandani- Naukri & Infoedge (Class of 1989)
• Chetan Bhagat – Most Celebrated Author, Columnist (Class of 1997)
• Abhinay Choudhari – Co-Founder Big Basket
• Raghuram Govinda Rajan – Former Governor of the Reserve Bank of India & 7th Chief Economist of the International Monetary Fund (Class of 1987)
• Amit Khare – Advisor to Prime Minister Narendra Modi, Former IAS Officer
• Shikha Sharma – Former CEO Axis bank (2009-2018) (Batch of 1980 )

IIM Ahmedabad Average Package & Placements

IIM Cluster- Wise Summer Placements for 2020:

• The summer placement of IIM Ahmedabad for the class of 2021 was conducted in November 2019 within 3 clusters. The top recruiters for Summer 2020 was Boston Consulting Group with 23 offers.
• Other Prominent recruiters:
  • Amazon was the highest recruiter in the Retail B2B& B2C space, having made 10 offers, while Microsoft was the leading recruiter in the Consumer Tech cohort with 8 offers. Among the global banks Nomura and HSBC made 8 and 7 offers, respectively.
  • FinIQ and Avendus Capital were the top recruiters in the BFSI Cohort having made 6 offers each. Listed below is the Function-wise classification of the summer placements

IIM Cluster-Wise Summer Placements for 2021

• 131 firms participated with 166 different roles in the summer placement process in 2020.
• In the Management Consulting cohort, Bain & Company was the top recruiter with 20 offers, followed by Boston Consulting Group with 19 offers, while PwC made the most offers – ten in the Advisory Consulting sector.
• HUL extended the most deals in the Consumer Goods, Consumer Electronics, and Consumer Services domains, with 13, followed by Samsung Electronics with 6, and Airtel with 5.
• With 14 offers, Amazon was the top recruiter in the Retail B2B & B2C area. Tata Consultancy Services was the largest recruiter in the IT Consulting cohort, with 15 offers.

There were 33 new recruiters this year, including Atlassian, Bayer, BPCL, Cipla,Everest Instruments, Godrej Fund Management, Phillips, Purplle.com, Oracle Corporation, Reserve Bank of India & Walmart Global Tech.

IIM Cluster-Wise Final Placements for 2020

Lateral Process: The laterals process brought together 44 companies from a variety of industries, including technology, banking, consulting, general management, and analytics. Adani Group, Amazon American Express, Cloudtail, EXt Finlft Flipkart, Infosys Ltd, Microsoft, Ola Cabs, Paytm, Tata Administrative Services, Tech Mahindra, and Zee Entertainment were among the companies that participated in the laterals process

Final Placement Process 2020:

• The placement process for the graduating batch of the PGP in IIM Ahmedabad was successfully completed in three sectors with the final cluster held on 13th February 2020.
• There were 369 Domestic offers and 19 International offers. About 42% of the class were qualified for lateral postings, which allowed students to make the most of their previous job experience.
• For the 2020 Final placement process, 53 companies engaged in the placement procedure, with 182 unique positions. Boston Consulting Group, Mckinsey, and Tata Consultancy Services were among the businesses that made the most offers on campus during the final placements.
• At the end of the final placement process, McKinsey made the most offers (including Pre-Placement Offers) with 27, followed by Boston Consulting Group with 23.

IIM Ahmedabad- 2020 Average Salary Package (Domestic)

IIM Ahmedabad- 2020 Average Salary Package (International)

IIM Ahmedabad Cluster-Wise Final Placements for 2021

Lateral Process:

• The first one was the laterals, in which companies interviewed students with prior job experience and offered them roles in mid-level management.
• Approximately 45 percent of the class was qualified for lateral placements, which allowed students to enhance their job experience.
• There were 27 companies in the laterals process from a variety of industries, including technology, pharmaceuticals, consulting, general financial services, and online services. Amazon, Capgemini, Deloitte, Microsoft, Oracle, Paytm,, Merilytics, Infoedge, Searce, Finlo, Tata Administrative Services, and Kepler Cannon were among the companies that participated in the laterals process.

Final Placement Process 2021:

• In 2021, 131 companies took part in the placement procedure, with 170 distinct roles.
• McKinsey, Boston Consulting Group, and Tata Consultancy Services were among the organisations that made the most offers on campus during the final placements.
• At the end of the final placement process, Boston Consulting Group made the most offers (including Pre-Placement Offers) with 32, followed by McKinsey & Co. with 30.
• Other prominent recruiters were Bain & Company was the top recruiter with 20 offers,

in the Management Consulting cohort, followed by the Boston Consulting Group with 19 offers, PwC made the maximum number of offers – 10 In the Advisory Consulting domain.

• In the Consumer Goods, Consumer Electronics and Consumer Services domain, HUL extended the most offers – 13, followed by Samsung Electronics with 6 offers and Airtel with 5 offers.
• Amazon was the highest recruiter in the Retail B2B & B2C domain with 14 offers. In the IT Consulting cohort, Tata Consultancy Services was the largest recruiter with 15 offers.

IIM Ahmedabad- 2021 Average Salary Package (Domestic)

IIM Ahmedabad- 2021 Average Salary Package (International)

By offering the IlMAvericks Fellowship, IIM Ahmedabad has always encouraged students to pursue entrepreneurship as a profession. Through this programme, the student gets financial support for a two-year term and it also involves CIIE.CO supervision. The student can return at any point throughout the Fellowship to sit for placements through the Institute’s placement process. In the 2021 placement process, two students opted out of the placement process to work on their own venture under the IlMAvericks Fellowship.