In 2023, IIM Ahmedabad reported a median package of ₹28.32L and an average of ₹28.68L (TGCC basis), with the highest offer at ₹146.19L across 188 recruiters — from IIM A - PGP - Finals 2023.pdf, audited by B2K Analytics Private Limited. Nothing estimated · IPRS Rev 2.2; audited by B2K Analytics Private Limited; headline basis TGCC (guaranteed floor, Total Guaranteed Cash Component); comparable_ctc=domestic MEP mean; highest=combined-INR 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 | ₹12.16L | ₹25.85L | ₹27.88L | ₹106.27L |
One-time cash Joining / one-time bonuses | ₹0.25L | ₹2.6L | ₹3.04L | ₹10L |
Total guaranteed cash Fixed cash + one-time — the audited floor | ₹12.16L | ₹28.32L | ₹30.21L | ₹114.59L |
Max earning potential Ceiling incl. variable, ESOPs, all components | ₹18.06L | ₹32.02L | ₹36.14L | ₹146.19L |
Offers by sector, with median pay on the guaranteed and max-earning bases.
| Function | Offers | Median (guaranteed) | Median (max-earning) |
|---|---|---|---|
| Consulting | 179 | ₹28.5L | ₹34.5L |
| Banking, Financial Services and Insurance | 87 | ₹29.86L | ₹35.06L |
| Conglomerates | 26 | ₹22.5L | ₹25L |
| FMCG | 17 | ₹26.26L | ₹29.39L |
| IT Consulting | 12 | ₹23.45L | ₹28L |
| IT Software | 12 | ₹31.33L | ₹37.44L |
| Pharmaceutical | 9 | ₹26.5L | ₹28L |
| Information Technology (IT) | 7 | ₹25.65L | ₹32L |
| Retail B2B & B2C | 6 | ₹28.5L | ₹29.35L |
| IT Analytics | 4 | ₹22.6L | ₹25L |
| IT Solutions | 4 | ₹32.62L | ₹34.74L |
| Real Estate | 4 | ₹26.35L | ₹31.2L |
| Consumer Services | 2 | ₹20.91L | ₹26L |
| Manufacturing | 2 | ₹28.5L | ₹45.6L |
| Media/Communications | 2 | ₹23.5L | ₹26L |
| Artificial Intelligence | 2 | ₹27L | ₹32.4L |
| Telecommunication | 2 | ₹27.5L | ₹30L |
| Automobile | 1 | ₹26.25L | ₹30.24L |
| Education Technology | 1 | ₹12.16L | ₹32.16L |
| Engineering / Technology | 1 | ₹28.33L | ₹28.33L |
| Logistics | 1 | ₹24L | ₹28.8L |
| Mining | 1 | ₹20.5L | ₹32.17L |
| Online Services | 1 | ₹26.32L | ₹29.02L |
| Wellness & Fitness services | 1 | ₹25L | ₹25.7L |
| Energy | 1 | ₹24L | ₹26.5L |
Offers by job function, with median pay on both bases.
| Function | Offers | Median (guaranteed) | Median (max-earning) |
|---|---|---|---|
| Consulting | 208 | ₹28.5L | ₹33L |
| Finance | 49 | ₹30L | ₹40L |
| Product/Category Management | 47 | ₹28.5L | ₹32.4L |
| General Management | 39 | ₹24L | ₹27L |
| Marketing/Sales | 27 | ₹26.35L | ₹30.2L |
| Strategy | 6 | ₹23L | ₹24.5L |
| Operations | 4 | ₹25L | ₹32.5L |
| Project Management | 3 | ₹22.6L | ₹25L |
| Data Analytics | 1 | ₹25.52L | ₹28.23L |
| Growth- Online Sales | 1 | ₹31.35L | ₹34.69L |
Composition as disclosed in the report.
Figures from IIM Ahmedabad's official 2023 placement report (third-party audited). Undisclosed values show "—".