In 2020, IIM Ahmedabad reported a median package of ₹22.5L and an average of ₹22.82L (TGCC basis), with the highest offer at ₹55.88L across 153 recruiters — from IIM A - PGP - Finals 2020.pdf, audited by Brickworks Analytics Private Limited. Nothing estimated · IPRS Rev 2.2; audited by Brickworks Analytics Private Limited; headline basis TGCC (guaranteed floor, Total Guaranteed Cash Component); comparable_ctc=domestic MEP mean; highest=domestic MEP max..
TGCC is the audited fixed floor; MEP adds the maximum variable/bonus and is the number most schools quote as "CTC". We show both so nothing is oversold.
Every salary head the report discloses, in ₹ lakh — nothing estimated, undisclosed cells show “—”.
| Component | Min | Median | Mean | Max |
|---|---|---|---|---|
Fixed cash Annual fixed pay — the salary you can count on | ₹10.5L | ₹20.07L | ₹20.97L | ₹45L |
One-time cash Joining / one-time bonuses | ₹0.5L | ₹2.5L | ₹2.88L | ₹8L |
Total guaranteed cash Fixed cash + one-time — the audited floor | ₹12.4L | ₹22.5L | ₹22.82L | ₹45L |
Max earning potential Ceiling incl. variable, ESOPs, all components | ₹16L | ₹25L | ₹26.13L | ₹55.88L |
Offers by sector, with median pay on the guaranteed and max-earning bases.
| Function | Offers | Median (guaranteed) | Median (max-earning) |
|---|---|---|---|
| Consulting | 138 | ₹24.5L | ₹29L |
| Banking, Financial Services and Insurance (BFSI) | 64 | ₹22.08L | ₹23.9L |
| Information Technology (IT) | 46 | ₹22.5L | ₹25.68L |
| Consumer goods (FMCG) | 43 | ₹22L | ₹24.75L |
| Online Services | 24 | ₹21.5L | ₹22.32L |
| Conglomerates | 23 | ₹19L | ₹21L |
| Engineering/Technology | 11 | ₹24L | ₹26L |
| Pharmaceutical/Healthcare | 7 | ₹17L | ₹27L |
| Telecom | 6 | ₹18.3L | ₹20.5L |
| Others (Ed-tech) | 6 | ₹32L | ₹34L |
| Media/Communications | 5 | ₹18L | ₹23.5L |
| Manufacturing | 4 | ₹20.5L | ₹27.17L |
| Others (Retail B2B and B2C) | 4 | — | — |
| Agri Inputs | 3 | — | — |
| Consumer Services | 3 | ₹24L | ₹26L |
| Others (Online payment) | 1 | ₹13.5L | ₹17.75L |
Offers by job function, with median pay on both bases.
| Function | Offers | Median (guaranteed) | Median (max-earning) |
|---|---|---|---|
| Consulting | 155 | ₹23.5L | ₹27.85L |
| Marketing / Sales | 59 | ₹19.98L | ₹23.5L |
| Finance | 54 | ₹21.37L | ₹25.87L |
| Product/Category Management | 43 | ₹22.5L | ₹26.77L |
| General Management | 42 | ₹19L | ₹21.75L |
| Systems/IT | 9 | ₹21.5L | ₹22.32L |
| Strategy | 8 | ₹24.25L | ₹24.95L |
| Others - Analytics | 6 | ₹22.08L | ₹23.26L |
| Research & Advisory | 4 | ₹20.5L | ₹27.17L |
| Business Development | 3 | ₹22.5L | ₹23.9L |
| Operations | 3 | ₹21.5L | ₹22.32L |
| Supply Chain | 1 | ₹18.3L | ₹20.5L |
| Others | 1 | ₹14.51L | ₹16.01L |
Composition as disclosed in the report.
Figures from IIM Ahmedabad's official 2020 placement report (third-party audited). Undisclosed values show "—".