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25 May 2024, 21:40
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Brief profile: 9+ work-ex in Logistics & Consulting
GMAT: 710
I am considering applying for PGPX-IIM-A but I came across the placement statistics and found the median fixed package to be around 28LPA as below link. Considering this I was wondering if it is a wise move since I am already around the median fixed in my current role. For those considering IIM-A pgpx what is your rationale? will the tag propel you to roles easily so it is okay to take an year off and spend ~30lakhs on tuition? total cost ~60LPA (opportunity cost+fee) to end up at a median of 29-30LPA?
https://www.iima.ac.in/sites/default/fi ... Report.pdf
GMAT: 710
I am considering applying for PGPX-IIM-A but I came across the placement statistics and found the median fixed package to be around 28LPA as below link. Considering this I was wondering if it is a wise move since I am already around the median fixed in my current role. For those considering IIM-A pgpx what is your rationale? will the tag propel you to roles easily so it is okay to take an year off and spend ~30lakhs on tuition? total cost ~60LPA (opportunity cost+fee) to end up at a median of 29-30LPA?
https://www.iima.ac.in/sites/default/fi ... Report.pdf
MBAGuide
Joined: 24 Jul 2019
Last visit: 11 Nov 2025
Posts: 2,282
Given Kudos: 28
Location: India
Concentration: Operations, Marketing
Schools: Insead Sept'18 (A$$) ISB '19 (A)
25 May 2024, 22:00
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basecamper09
basecamper09 I work with a lot of IIM A PGPX aspirants, so I am pretty up to date on the placement scenario in the last cycle, which I also know was not the best I have seen in the last 5 years. Right after Covid, I have seen some exceptional salaries for IIM A PGPX grads who also saw a further rise in salaries in a couple of years, so much so that some I know could not find a lucrative exit from their first MBA job. Last year, however, that was not the case. There are market forces at play.
I would say that the average salaries published for MBA programmes are not the right benchmark if you are still on the fence about doing an MBA. Just as everything else (age and experience) is on a normalised curve, pre-MBA compensation is on a bell curve to some extent. There will be many people who would be happy to take a job at this median and still get at least double their pre-MBA salary. Assuming you are at this median because you have already reached a certain level of seniority in your company, you could apply for more challenging positions in companies. You should consider what kind of roles and companies you are aiming for after the MBA and which are the right feeder business schools for these roles.
Feel free to ask should you have other questions
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Aanchal Sahni (INSEAD MBA alumna, former INSEAD admissions interviewer)
Founder, MBAGuideConsulting
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