MICA Placements 2023: Highest Package: INR 36 LPA & Average Package: INR 20.09 LPA
MICA Placements 2023 is now complete, with 100% of candidates placed. All 173 of the students who took part in the placement drive received offers from more than 70 recruiters. The highest MICA package, available in the analytics, BFSI, and consulting sectors, was INR 36 LPA. The MICA median package was INR 19 LPA, indicating an 11.11% rise over the previous year, and the average package was INR 20.09 LPA, indicating a 6% increase. With 39 offers, Analytics, BFSI & Consulting were the most popular sectors.
MICA 2024 Placement Updates
100% Placement
With an average CTC of ₹12.8L, MICA announced in April 2024 that 100% of the students in its 24th batch of the PGDM-Communications course had been placed for the final year.
Summer Internship Placements
The summer internship placement process for the 2023–2025 PGP (PGDM-C and PGDM) batch was completed and announced by MICA in February 2024.
Pre-Placement Offers
The Ahmedabad Mirror revealed in June 2024 that the 2024 class received over 70% more pre-placement offers compared to prior years.
MICA Ahmedabad Placement & Internship 2023–24
Placement & Internship Reports (PDF)
Summer Internship 2024 Highlights
- 100% internships filled; 202 students visited by 70 recruiters
- Median stipend: INR 4.40 lakhs (+49.75% increase)
- Highest stipend: INR 1.54 lakhs; Average stipend: INR 4.40 lakhs
- Top sectors: Analytics, BFSI & Consulting (51 offers)
- Leading employers: Google, Dalmia Group, Flipkart, Cognizant, Deloitte
PGDM/PGDM(C) 2021-23 Summer Placements
- 100% summer placements completed
- Highest stipend: INR 3.50 LPA (2 months)
- Average stipend: INR 1.02 LPA
- 67 firms participated
- Major recruiters: L’Oreal, ITC, Mahindra Group, Microsoft, Coca-Cola, Flipkart, Google India, Nivea, Tata Consumer Products, P&G, Diageo
MICA 2023 Sector-wise Placements
| Sectors | Number of Offers | Highest Package | Average Package |
|---|---|---|---|
| FMCG | 30 | INR 33,00,000 | INR 22,81,034 |
| IT / ITeS | 31 | INR 34,66,928 | INR 19,51,925 |
| FMCD | 17 | INR 27,00,000 | INR 21,00,704 |
| Media & Advertising | 25 | INR 21,31,404 | INR 16,36,512 |
| Analytics, BFSI & Consulting | 39 | INR 36,00,000 | INR 23,04,030 |
| Others | 31 | INR 28,00,000 | INR 17,54,648 |
Roles Offered (Placements 2023)
MICA Placements Year-wise Trends
| Particulars | 2022-23 | 2021-22 | 2020-21 | 2019-20 | 2018-19 |
|---|---|---|---|---|---|
| No. of Students Placed | 173 | 208 | 206 | 179 | 180 |
| Percentage Placed | 100% | 100% | 100% | 100% | 100% |
| Highest CTC | INR 36 LPA | INR 57.51 LPA | INR 49.75 LPA | INR 58.2 LPA | INR 58.2 LPA |
| Average CTC | INR 20.09 LPA | INR 19 LPA | INR 14.01 LPA | INR 13.9 LPA | INR 12.8 LPA |
| Top Sector | Analytics, BFSI & Consulting | IT / ITES | IT / ITES | IT / ITES / E-Commerce | IT / ITES |
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