IIM Ahmedabad Placement 2026: Highest Package, Average Package, Top Recruiters

Q: What is the PPO conversion rate at IIM Ahmedabad?

For MBA/PGP in 2026, IIM Ahmedabad accepted 135 PPOs out of 203, giving a PPO conversion rate of 66.50%. In PGP-FABM, 5 of 6 PPOs were accepted, so the conversion rate was 83.33%.

IIM Ahmedabad placement 2026 reports cover final placements for the PGP Class of 2026, PGP-FABM Class of 2026 and the 20th PGPX batch, along with summer internship results for the PGP Class of 2027 and PGP-FABM Class of 2027.

Across the 2026 final placement cycles, PGP recorded 392 accepted offers from 402 students seeking placement, PGP-FABM placed all 44 participating students, and PGPX saw 134 accepted offers from 139 students.

PGP: 402 students sought placement, 392 accepted offers, and 267 different roles were offered.
PGP-FABM: 44 students took part and all 44 accepted offers.
PGPX: 139 students used institute placements, 134 accepted offers, and companies made 300+ offers.

Table of Contents

IIM Ahmedabad Placement Highlights
IIM Ahmedabad MBA Placements
IIM Ahmedabad MBA-FABM Placements
IIM Ahmedabad PGPX Placements
IIM Ahmedabad ROI Analysis
IIM Ahmedabad MBA Placement Trends
IIM Ahmedabad Top Recruiters
IIM Ahmedabad Placement FAQs

IIM Ahmedabad Placement Highlights 2026

Program	Placement Participants	Offers Accepted	Placement Rate	Firms Participated
PGP (MBA)	402	392	97.5%	182+
PGP-FABM	44	44	100%	40
PGPX	139	134	96.4%	200+

IIM Ahmedabad MBA Placements 2026

IIMA completed the PGP final placement process in two parts. Students with earlier work experience first went through lateral placements, and then recruiters visited campus in sector-based clusters for the main placement stage.

Placement Parameter	Final Placement	Summer Placement
Class	Class of 2026	Class of 2027
Batch Strength	402	414
Students seeking through institute	402	410
Offers accepted	392	410
Students who opted out / did not seek	10	4
Firms participated	182+	155+
Distinct roles offered	267	221
Dream applications	151	282
Students eligible for lateral placements	58%	-

MBA Domestic Salary 2026

Salary Head	Min	Max	Mean	Median
Fixed Yearly Cash Component	INR 12 Lakhs	INR 81.60 Lakhs	INR 28.83 Lakhs	INR 28.81 Lakhs
One-Time Cash Component	INR 50,000	INR 12.75 Lakhs	INR 3.98 Lakhs	INR 3 Lakhs
Total Guaranteed Cash Component	INR 12 Lakhs	INR 81.60 Lakhs	INR 31.84 Lakhs	INR 32.50 Lakhs
Maximum Earning Potential (MEP)	INR 12 Lakhs	INR 81.60 Lakhs	INR 36.99 Lakhs	INR 37 Lakhs

IIMA Salary Components

Fixed Yearly Cash: This is the yearly fixed pay and guaranteed allowances that do not depend on performance.
One-Time Cash: This is a single payment, normally paid when a student joins the company.
Total Guaranteed Cash: This combines fixed yearly cash with the one-time cash payment.
MEP: Maximum Earning Potential means the highest possible compensation after adding guaranteed cash, variable pay, PF and other eligible benefits.
- ESOPs, retention bonuses and other long-term benefits are not counted.

Note: MEP is different from fixed pay and in-hand salary. The actual amount a student earns depends on the pay structure and the conditions linked to it.

MBA International Salary 2026

Salary Head	Min	Max	Mean	Median
Fixed Yearly Cash Component	USD 40,016	USD 97,500	USD 75,299	USD 77,760
One-Time Cash Component	USD 1,220	USD 10,140	USD 5,680	USD 5,680
Total Guaranteed Cash Component	USD 41,236	USD 1,07,640	USD 77,193	USD 77,760
Maximum Earning Potential (MEP)	USD 49,380	USD 2,43,000	USD 1,07,170	USD 81,000

MBA Function-wise Salary 2026

The highest reported MEP figures came from the following five functions:

Function	Min MEP	Max MEP	Mean MEP	Median MEP
Finance	INR 22 Lakhs	INR 81.60 Lakhs	INR 43.57 Lakhs	INR 40 Lakhs
Business Development	INR 26.00 Lakhs	INR 70.08 Lakhs	INR 38.88 Lakhs	INR 40 Lakhs
Product/Category Management	INR 19 Lakhs	INR 51.98 Lakhs	INR 38.82 Lakhs	INR 42 Lakhs
General Management	INR 12 Lakhs	INR 50.00 Lakhs	INR 30.07 Lakhs	INR 29.30 Lakhs
Systems/IT	INR 25 Lakhs	INR 53.19 Lakhs	INR 36.01 Lakhs	INR 37.50 Lakhs

Other functions reported these MEP ranges:

Function	Min MEP	Max MEP	Mean MEP	Median MEP
Consulting	INR 20.09 Lakhs	INR 45.86 Lakhs	INR 38.45 Lakhs	INR 39.04 Lakhs
Strategy	INR 19 Lakhs	INR 45.70 Lakhs	INR 37.45 Lakhs	INR 42.00 Lakhs
Operations	INR 22 Lakhs	INR 42.00 Lakhs	INR 30.63 Lakhs	INR 31 Lakhs
Sales/Marketing	INR 22 Lakhs	INR 42.00 Lakhs	INR 29.84 Lakhs	INR 30 Lakhs
Research & Advisory	INR 16 Lakhs	INR 27 Lakhs	INR 21.50 Lakhs	INR 21.50 Lakhs
Supply Chain Management	INR 20.73 Lakhs	INR 25 Lakhs	INR 22.87 Lakhs	INR 22.87 Lakhs

MBA PPOs 2026

The PGP Class of 2026 received 203 PPOs. Internships led to all PPOs reported for the batch.

PPO Details	Number
PPOs awarded	203
PPOs through internships	194
PPOs through other routes	9
PPOs accepted	135
Accepted through internships	134
Accepted through other routes	1

MBA Summer Placements 2026

The PGP Class of 2027 finished its summer internship placement process in November 2025. Out of a batch of 414, 410 students sought internships through IIMA and every one of them accepted an internship offer.

Participating firms: 155+
Distinct roles: 221
Consulting offers: 169
BFSI offers: 103
Internship offers accepted: 410

4 students did not use the institute internship process. Of these, 2 students opted out to work on entrepreneurship, including 1 student who joined the IIMAvericks initiative with mentoring from IIMA Ventures. Every accepted internship offer carried a stipend, but stipend figures were not released.

IIM Ahmedabad MBA-FABM Placements 2026

The PGP-FABM final placement report is for the 2024-26 batch, and the summer internship report is for the 2025-27 batch. Final and summer placement data is given below:

Parameter	Final Placement 2026	Summer Placement 2026
Class	2024-26	2025-27
Batch strength	47	46
Students seeking through institute	44	46
Offers accepted	44	46
Students placed	44	46
Students unplaced	0	0
Students opting out	3	0
Firms participated	40	35
International offers	4	0
PPOs awarded	6	-

Among the 3 students who skipped the final placement process, 1 worked on a venture through the IIMAvericks Fellowship and 2 searched for jobs outside campus placements.

PGP-FABM Domestic Salary 2026

For the PGP-FABM Class of 2024-26, the mean MEP stood at INR 21.32 lakh, while the median MEP was INR 20.03 lakh.

Salary Head	Min.	Max.	Mean	Median
Fixed Yearly Cash Component	INR 12 Lakhs	INR 25 Lakhs	INR 17.71 Lakhs	INR 18 Lakhs
One-time Cash Payment	INR 1 Lakh	INR 10 Lakhs	INR 3.50 Lakhs	INR 2 Lakhs
Total Guaranteed Cash Component	INR 12 Lakhs	INR 35 Lakhs	INR 18.58 Lakhs	INR 18.45 Lakhs
Maximum Earning Potential	INR 14.40 Lakhs	INR 40.25 Lakhs	INR 21.32 Lakhs	INR 20.03 Lakhs

Note: Only 10 of the 40 domestic offers had a one-time cash payment.

In PGP-FABM international placements, 4 international offers were made. Each carried a guaranteed annual cash component of USD 24,000, and the maximum possible compensation with eligible variable and other components was USD 79,600.

PGP-FABM Function-wise Salary 2026

Function	Min MEP	Max MEP	Mean MEP	Median MEP
Analytics	INR 20.03 Lakhs	INR 20.03 Lakhs	INR 20.03 Lakhs	INR 20.03 Lakhs
Business Development	INR 15.50 Lakhs	INR 27 Lakhs	INR 21.36 Lakhs	INR 22.50 Lakhs
Consulting	INR 18.17 Lakhs	INR 40.25 Lakhs	INR 24.58 Lakhs	INR 18.17 Lakhs
General Management	INR 17.48 Lakhs	INR 21 Lakhs	INR 19.24 Lakhs	INR 19.24 Lakhs
Operations	INR 26.50 Lakhs	INR 26.50 Lakhs	INR 26.50 Lakhs	INR 26.50 Lakhs
Research & Advisory	INR 14.40 Lakhs	INR 14.40 Lakhs	INR 14.40 Lakhs	INR 14.40 Lakhs
Sales/Marketing	INR 15 Lakhs	INR 24.16 Lakhs	INR 20.01 Lakhs	INR 20 Lakhs
Strategy	INR 15 Lakhs	INR 23 Lakhs	INR 19.41 Lakhs	INR 20.03 Lakhs

PGP-FABM PPOs 2026

PGP-FABM students were awarded 6 PPOs, all from summer internships. Out of these, 5 PPOs were accepted.

PPO Details	Number
PPOs awarded	6
Through internships	6
Through other routes	0
PPOs accepted	5
Accepted through internships	5
Accepted through other routes	0

PGP-FABM Summer Placements 2026

The IIMA PGP-FABM summer placement process for the 2025-27 batch ended on November 3, 2025. All 46 students participated and accepted internship offers from 35 companies. Every accepted offer had a stipend, but stipend statistics were not published.

Sales & Marketing made up 21 of the 46 summer internship offers. Returning recruiters included Godrej Agrovet, EY, Bayer, UPL, Nestle, PepsiCo, Marico, United Breweries, DeHaat, PI Industries, DCM Shriram, Varaha, AgVaya, AMUL, Everest Instruments, Banas Dairy and ITC.

IIM Ahmedabad PGPX Placements 2026

IIMA completed placements for the 20th PGPX batch in June 2026. The batch had professionals with 4-22 years of work experience, so most roles were in middle and senior management. More than 200 companies joined the process, made 300+ offers, and included 65 first-time recruiters.

Placement Metric	2026
Students eligible for placement	156
Students who did not seek placement	17
Students seeking through institute	139
Total offers accepted	134
Students unplaced	5

PGPX Domestic Salary 2026

Among accepted PGPX offers, 132 were domestic/PAN India offers and 2 were for Western Europe.

Salary Head	Min.	Max.	Mean	Median
Fixed Yearly Cash Component	INR 23.55 Lakhs	INR 70.52 Lakhs	INR 33.64 Lakhs	INR 32.16 Lakhs
One-time Cash Component	INR 50,000	INR 14.50 Lakhs	INR 3.34 Lakhs	INR 2 Lakhs
Total Guaranteed Cash Component	INR 24 Lakhs	INR 70.52 Lakhs	INR 35.86 Lakhs	INR 34.88 Lakhs
Maximum Earning Potential	INR 25.50 Lakhs	INR 86 Lakhs	INR 41.48 Lakhs	INR 37.78 Lakhs

For international PGPX placements, the minimum fixed yearly cash component was USD 95,145. The total guaranteed cash component was also USD 95,145, and the maximum earning potential was USD 114,220.

PGPX Function-wise Salary 2026

Function	Min MEP	Max MEP	Median MEP
Strategy	INR 27.99 Lakhs	INR 86 Lakhs	INR 38.50 Lakhs
Business Development	INR 37.50 Lakhs	INR 73.40 Lakhs	INR 55.36 Lakhs
Product/Category Management	INR 32 Lakhs	INR 60.59 Lakhs	INR 35 Lakhs
Program Management	INR 35 Lakhs	INR 58.50 Lakhs	INR 48.45 Lakhs
Consulting	INR 25.50 Lakhs	INR 54.80 Lakhs	INR 38.50 Lakhs
Sales/Marketing	INR 34 Lakhs	INR 53.75 Lakhs	INR 40.70 Lakhs
General Management	INR 30 Lakhs	INR 52.62 Lakhs	INR 37.12 Lakhs
Finance	INR 40.79 Lakhs	INR 40.79 Lakhs	INR 40.79 Lakhs
Supply Chain/Operations	INR 30 Lakhs	INR 37 Lakhs	INR 35 Lakhs
Analytics	INR 35 Lakhs	INR 35 Lakhs	INR 35 Lakhs
Project Management	INR 32 Lakhs	INR 35 Lakhs	INR 33.50 Lakhs

IIM Ahmedabad ROI Analysis

Using the 2026 mean guaranteed cash compensation, the estimated fee recovery period for IIMA programs ranges from 9.69 to 16.60 months.

Program	Course Fee	Mean Guaranteed Cash	Fee Recovery
MBA/PGP	INR 25.70 Lakhs	INR 31.84 Lakhs	9.69 months
PGP-FABM	INR 25.70 Lakhs	INR 18.58 Lakhs	16.60 months
PGPX (SSH)	INR 35 Lakhs	INR 35.86 Lakhs	11.71 months
PGPX (MSH)	INR 35.70 Lakhs	INR 35.86 Lakhs	11.95 months

Calculation: Course Fee / Mean Annual Guaranteed Cash * 12

Conclusion:

MBA/PGP has the shortest estimated fee recovery period at 9.69 months when guaranteed cash compensation is used.
PGP-FABM takes longer at 16.60 months, while PGPX takes 11.71 months for SSH and 11.95 months for MSH.

These figures are indicative calculations based on mean placement compensation, not assured returns for every student. Taxes, living costs, loan interest, variable pay and the student's actual salary can change the real recovery time.

IIM Ahmedabad MBA Placement Trends

IIM Ahmedabad placement trends show that mean and median MEP have moved in a steadier way, while maximum MEP has changed sharply from year to year.

PGP Placement Trend

MEP	2026	2025	2024	2023
Minimum	INR 12 Lakhs	INR 17 Lakhs	INR 18.37 Lakhs	INR 18.06 Lakhs
Maximum	INR 81.60 Lakhs	INR 1.10 Crore	INR 56 Lakhs	INR 1.46 Crore
Mean	INR 36.99 Lakhs	INR 35.23 Lakhs	INR 33.24 Lakhs	INR 34.45 Lakhs
Median	INR 37 Lakhs	INR 34.53 Lakhs	INR 32 Lakhs	INR 31.59 Lakhs

Trend insights:

The median grew by 17%, while the mean rose by 7%, showing that the middle part of the salary range became stronger.
Maximum MEP remained uneven. It moved between INR 56 lakh and INR 1.46 crore across 4 years, so it does not show a fixed yearly pattern.
Future trend indicator: If both mean and median keep rising, salary growth would be spread across more students. If only the maximum MEP rises, the change would mainly be at the highest offer level.

PGP-FABM Placement Trends

PGP-FABM MEP data for 2026 can be read with the previous 3 placement years to understand changes in the reported salary range.

MEP	2026	2025	2024	2023
Minimum	INR 14.40 Lakhs	INR 15 Lakhs	INR 15 Lakhs	INR 14.98 Lakhs
Maximum	INR 40.25 Lakhs	INR 41.83 Lakhs	INR 40.11 Lakhs	INR 33.40 Lakhs
Mean	INR 21.32 Lakhs	INR 21.65 Lakhs	INR 21.58 Lakhs	INR 20.11 Lakhs
Median	INR 20.03 Lakhs	INR 20.05 Lakhs	INR 20 Lakhs	INR 20 Lakhs

Trend insights:

Salary levels have stayed largely stable.
Median MEP showed very little movement and stayed close to INR 20 lakh across the period.
Maximum MEP shows moderate long-term growth. It increased from INR 33.40 lakh in 2023 to INR 40.25 lakh in 2026, even though it was lower than the 2025 maximum.
Future trend: Growth in both mean and median would show a shift away from the current steady pattern. Growth only in maximum MEP would point to higher top-end offers without a similar rise in overall salaries.

PGPX Placement Trends

MEP	2026	2025	2024	2023
Minimum	INR 25.50 Lakhs	INR 26 Lakhs	INR 21.46 Lakhs	INR 18 Lakhs
Maximum	INR 86 Lakhs	INR 76.50 Lakhs	INR 54.80 Lakhs	INR 1.08 Crore
Mean	INR 41.48 Lakhs	INR 37.25 Lakhs	INR 36.42 Lakhs	INR 35.68 Lakhs
Median	INR 37.78 Lakhs	INR 34.41 Lakhs	INR 35 Lakhs	INR 33.05 Lakhs

Trend insights:

PGPX shows the strongest upward movement. Mean MEP increased from INR 35.68 lakh in 2023 to INR 41.48 lakh in 2026, and median MEP rose from INR 33.05 lakh to INR 37.78 lakh.
Minimum MEP also moved up from INR 18 lakh in 2023 to INR 25.50 lakh in 2026. Maximum MEP remained uneven, shifting from INR 1.08 crore in 2023 to INR 54.80 lakh in 2024 and then to INR 86 lakh in 2026.
Future trend: If minimum, mean and median keep increasing together, it would point to salary growth across a wider set of offers.

Overall: Between 2023 and 2026, PGP and PGPX show growth in mean and median MEP, while PGP-FABM stays more stable. Maximum MEP changes widely across years, so it should be read as a top-end outcome, not as the only signal of future placement levels.

IIM Ahmedabad Top Recruiters

Recruiters from consulting, banking, technology and FMCG took part in IIM Ahmedabad placements 2026. Hiring activity across PGP, PGP-FABM and PGPX is shown below.

PGP Top Recruiters

Recruiter	Offers Made
Accenture Strategy	36
Boston Consulting Group	33
FinIQ Consulting	24
McKinsey & Company	21

More than 50 new companies joined campus placements for the first time, including Razorpay, Meesho, Godrej Industries and Shadowfax.

PGP-FABM Top Recruiters

PGP-FABM is IIMA's food and agribusiness programme. In 2026, 44 students were placed and 40 companies participated.

Recruiter Type	Companies
Regular Recruiters	Accenture, Grant Thornton, Godrej Agrovet, Amul, ITC, PI Industries, Valency International, PCI India, Varaha ClimateAg, Everest Instruments
New Recruiters (2026)	Prompt Equipments, M S Agarwal Group, Bighaat, Shoption, Areete Business Solutions

PGPX Top Recruiters

PGPX is IIMA's one-year MBA for working professionals. It had the largest hiring count among the three programmes, with more than 200 companies and 300+ offers. The companies below made the highest number of offers:

Accenture	EY
FinIQ Consulting	Genpact
Eli Lilly	Amazon
NTT Data

65 companies visited PGPX for the first time. Other recruiters included Apple, IBM, McKinsey, BCG, Deloitte, PwC, KPMG, Reliance Industries, TCS and L'Oréal, among others.

Students received senior roles such as Vice President, Associate Director and Senior Manager, matching the PGPX batch profile of 4 to 22 years of work experience.

IIM Ahmedabad Placement FAQs

Ques. What is the PPO conversion rate at IIM Ahmedabad?

Ans. For MBA/PGP in 2026, IIM Ahmedabad accepted 135 PPOs out of 203, giving a PPO conversion rate of 66.50%. In PGP-FABM, 5 of 6 PPOs were accepted, so the conversion rate was 83.33%.

Ques. What factors affect IIM Ahmedabad final placement offers?

Ans. Final placement offers at IIM Ahmedabad depend on a student's profile, work experience, fit for the role, recruiter needs and performance in the selection process. In 2026, the PGP batch received 267 distinct roles, which shows that opportunities differed by function.

Ques. Does work experience matter for IIM Ahmedabad placements?

Ans. Yes. Work experience helps match students with suitable roles, especially in senior or lateral hiring. The 2026 PGPX batch had professionals with 4-22 years of experience and mainly received middle and senior management roles. In PGP, 58% of students were eligible for lateral placements meant for candidates with prior work experience.

Ques. Which sector’s placements are growing at IIM Ahmedabad?

Ans. IIM Ahmedabad saw strong hiring across consulting, BFSI, technology, FMCG and other areas. In PGP 2026, Business Development had a 440% year-on-year rise in net offers, while consulting and BFSI were also major hiring areas. IIMA has not named one sector as the fastest-growing overall.

Ques. Does everyone get placed at IIM Ahmedabad?

Ans. No, not every student takes part in placements. In PGP 2026, 402 students sought placement and 392 accepted offers, giving a 97.5% placement rate. In PGP-FABM, all 44 students seeking placement accepted offers. In PGPX, 139 students sought placement and 134 accepted offers, giving a 96.4% placement rate.