August 21, 2023: The Indian Institute of Management Ahmedabad (IIMA), a premier global management institute, successfully concluded the final placement process of its One Year Full-Time Post Graduate Programme in Management for Executives (MBA -PGPX) at the end of June 2023. As is the norm at IIMA, the final audited placement report, aligned with the ‘Indian Placement Reporting Standards (IPRS), was audited by an external agency and finalized in August 2023. Notably, IIMA is one of the first management institutes in India to put forth an audited placements report since 2011.
This year too, IIMA PGPX has an exceptional placement season with as many as 53 companies from diverse sectors recruiting students for a wide range of roles. The placements continue to have a good mix of returning and new recruiters, a clear sign of robust demand for the PGPX programme and its talent from diverse sectors. About 128 students from the PGPX class of 2023 accepted offers from employers of global repute across sectors and geographies.
Sharing his views on placements 2023, Professor Ankur Sinha, Chairperson of the Placement Committee said, “We had one of the finest placement seasons for our PGPX Class of 2023 in the 17-year journey of the programme. The statistics are a clear testimony to the efficacy of the MBA - PGPX programme that aims to create a new crop of middle and senior management professionals who are well-equipped to create enduring value in the world of business, both in India Inc. and abroad. In line with the trend from previous years, there was sustained hiring for strategic and growth roles during the current season as well. The programme has continued to garner greater global visibility as can be seen from an unprecedented number of international offers from the consulting sector. The unwavering commitment and resilience showcased by the student placement committee, in an economy that was widely acknowledged to be heading into recession, has clearly translated into a successful recruitment season.”
Highlights from PGPX Class of 2023 Placements
Consulting Largest Recruiting Sector, Followed by IT, BFSI and Automotive Sectors
Consulting firms emerged as the largest recruiters this year, by hiring 24 percent of the students. Information Technology Services, BFSI and Automotive sectors followed close by hiring 19 percent, 10 percent and 7 percent of the students, respectively.
Leadership Roles
PGPX students continued to be preferred for leadership roles as well as middle and senior management roles both by Indian and international recruiters. Some positions for which students, including women students, were hired for include Vice President, Director, Leadership Programs candidates, Program Head, Product Head, Assistant Vice President, General Manager, among others.
While the PGPX students were largely considered for senior leadership and middle management roles by large corporates, start-ups - both unicorns and soon-to-be-unicorns – too recruited a substantial number of students this year.
The PGPX batch has had successful placements every year since its inception 17 years ago. Recruitment secretary of PGPX, Class of 2023, Daniel Joseph said, “We are elated to formally announce that the IIMA MBA-PGPX Class of 2023 has concluded its placement season on a high note. The results for this season further highlight the programme’s emphasis on building astute management leaders who are well-poised to adapt to today’s rapidly evolving business environment. The placement figures for the year attest to the strength of the programme which is ranked #1 globally in the Financial Times - Full Time MBA rankings, under the ‘Career Progress’ attribute.” The sentiment was shared by Utkarsh Shukla, Recruitment Secretary of the current batch of PGPX (Class of 2024).
Since its inception in 2006, IIMA PGPX has served as a transformative journey for high-calibre, aspirational and industrious working professionals to meet their goals of becoming global leaders. It has established its credentials as a rigorous, intensive, fast-track programme and has been ranked among the top management programmes in the world by leading global rankings year after year.
The detailed IPRS placement report can be accessed here:
https://www01.iima.ac.in/iprs/placement-reports/iim-ahmedabad
About PGPX @ IIMA
The Post Graduate Programme in Management for Executives (MBA-PGPX) is one of the leading one-year, full-time, residential MBA programmes in the world. Carefully designed by the Indian Institute of Management Ahmedabad for bright, enthusiastic, and aspirational executives with substantial professional experience, the PGPX programme attracts top talent from diverse industries, cultures, and geographies. Each year, the PGPX programme participants are hand-picked by the faculty of IIM Ahmedabad to ensure a rich, meticulous, and well-balanced in-class learning experience for all participants. The batches that have graduated have been welcomed by corporate houses to fill their middle to senior management positions.
The Indian Institute of Management Ahmedabad (IIMA) is a premier, global management Institute that is at the forefront of promoting excellence in the field of management education. Over the 60 years of its existence, it has been acknowledged for its exemplary contributions to scholarship, practice and policy through its distinctive teaching, high-quality research, nurturing future leaders, supporting industry, government, social enterprise and creating a progressive impact on society.
IIMA was founded as an innovative initiative by the Government, industry, and international academia in 1961. Since then, it has been consolidating its global footprint and today it has a network with over 80 top international institutions and a presence in Dubai. Its eminent faculty members and more than 40,000 alumni, who are at the helm of influential positions in all walks of life also contribute to its global recognition. Over the years, IIMA’s academically superior, market-driven, and socially impactful programmes, have earned high reputation and acclaim globally. It became the first Indian institution to receive international accreditation from EQUIS. The institute also is placed first in the Government of India’s National Institutional Ranking Framework (NIRF), India Rankings 2023. The Institute has been ranked number 1 in India, number 2 in Asia and the 35th, globally, in the Financial Times (FT) Executive Education Rankings 2023. The renowned flagship two-year Post Graduate Programme in Management (PGP) is ranked 26th in the FT master’s in management Ranking 2021 and the one-year Post Graduate Programme in Management for Executives (PGPX) have been ranked 51st in the FT Global MBA rankings 2023.
IIMA offers consultancy services and more than 200 curated executive education programmes in customized, blended, and open enrolment formats for a diverse audience comprising business leaders, policymakers, industry professionals, academicians, government officials, armed forces personnel, agri-business and other niche sector specialists and entrepreneurs. To know more about IIMA, please visit: https://www.iima.ac.in/
Media contact:
Kamla Chowdhry Communications Hub, IIMA
Varshaa Ratnaparke | vp-communications@iima.ac.in
Sunitha Aravind | pr@iima.ac.in
