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MICA Ahmedabad Placement 2024: Highest Package and Average Package

  • Ahmedabad, Gujarat
  • AICTE, NBA
  • Private


Saurav Anand
02/06/2023

MICA Ahmedabad Placement 

MICA, the esteemed institution specializing in Strategic Marketing and Communication, has once again demonstrated exceptional achievement through its highly successful placement season for the year 2023. MICA Ahmedabad Placement is pleased to announce that all of its students have successfully secured employment, resulting in a 100% placement rate. The batch that took part in the event received a significant number of responses from 77 recruiters. Of MICA Ahmedabad Placement recruiters, 56% were new to the event, indicating the increasing recognition of MICA in the corporate sphere.

The diligent efforts and commitment demonstrated by students at MICA Ahmedabad Placement have yielded highly favorable outcomes, as the institution has reported a noteworthy average annual package of INR 20 Lakhs. MICA Ahmedabad Placement's significant accomplishment demonstrates the industry's trust in the academic rigor of MICA and the distinctive skill sets cultivated among its students.

A diverse range of renowned corporations took part in the recruitment process at MICA Ahmedabad Placement. Prominent corporations including Cognizant, Deloitte, Dalmia Group, Flipkart, and Google were among the primary entities that engaged in recruitment activities, thereby reinforcing MICA's standing as a preferred hub for talent acquisition.

The Information Technology (IT) sector exhibits a dominant presence in the job market, offering a substantial number of employment opportunities.

The information technology sector emerged as the primary employer, providing a substantial number of job opportunities to students of MICA Ahmedabad Placement. The sector's inclination towards hiring MICA graduates highlights their proficiency in adapting marketing strategies and communication skills to the rapidly evolving digital environment, rendering them highly valuable assets to technology-oriented organizations.

Pre-Placement Offers (PPOs) refer to employment offers extended to students by companies before the completion of their academic program.

A notable number of MICA Ahmedabad Placement students were granted Pre-Placement Offers (PPOs), with 31 students successfully securing their future career opportunities prior to the official commencement of the placement season. MICA Ahmedabad Placement shows the confidence that recruiters place in the institute's commitment to academic excellence and the proficiency of its students.

MICA Ahmedabad Placements: Summer Internship 

Aside from the outstanding final placements, MICA's Summer Internship Placements for the year 2023 were also quite successful. The average salary offered was INR 1.02 Lakhs, indicating the high quality of internships obtained by MICA students.

The highest stipend for two months is INR 3.5 lakhs.

The largest pay granted to a student, INR 3.5 Lakhs for a two-month internship, was an amazing success for MICA Ahmedabad Placement. This astounding amount demonstrates MICA students' excellent caliber and popularity among recruiters.

MICA Ahmedabad Placement's ongoing efforts to develop future marketing and communication leaders have yielded remarkable placements and internships for its students. The institute's dedication to excellence, together with the dedication of its students, has paved the way for success and distinction in the corporate world, making MICA a preferred choice for both recruiters and ambitious professionals.

MICA Ahmedabad Placement Highlights 

MICA Ahmedabad Placement has achieved outstanding success in its campus placements for the year 2023 once again. MICA Ahmedabad Placement has seen significant growth in terms of average salaries, new recruiters, and sector preferences, solidifying its place as one of India's leading management institutes. Here are the important takeaways from MICA's 2023 placement report and also the key highlights of MICA Ahmedabad placements listed below.

MICA Ahmedabad PlacementMICA Ahmedabad Placement Statistics (2022)MICA Ahmedabad Placement Statistics (2023)
Average package (overall)INR 19 LPAINR 20 LPA
Top 50% average packageN/AINR 23.82 LPA
Highest packageINR 57.51 LPAN/A
Median packageINR 17.10 LPAINR 19 LPA
Total recruiters70+77
New recruitersN/A56%
Placement rate100%100%
Top sectorIT/ ITESIT
Students received PPOsN/A31

1. Standard Package:- The overall average package offered to students has increased significantly, reaching an amazing INR 20 lakhs per year, up from INR 19 lakhs per year the previous year (2022). This significant rise is a testament to the institute's ongoing efforts to promote an environment conducive to study and professional development.

2. Top 50% Average Package:- The top 50% of MICA Ahmedabad Placement students received an impressive average package of INR 23.82 lakhs per year. This demonstrates a significant increase in the awards received by top-performing students, demonstrating their competency and the high value put by recruiters on MICA graduates.

3. Highest Package:- The institute has once again attracted top-tier firms, as indicated by a whopping INR 57.51 lakhs per annum offered to one of the students. This achievement demonstrates MICA's trust and reputation among industry leaders.

4. Median Package:- The median package at MICA Ahmedabad Placement has increased, rising from INR 17.10 lakhs per year in 2022 to INR 19 lakhs per year in 2023. This increase demonstrates a favorable trend in the options offered to students from a variety of fields.

5. Total Recruiters:- MICA Ahmedabad Placement had an increase in the number of participating recruiters in 2023, with 77 businesses visiting the campus, up from 70+ the previous year. This expansion reflects the corporate world's continuous interest and faith in MICA students' skills and talents.

6. New Recruiters:- One of the most notable accomplishments in 2023 is the addition of 56% new recruiters to the placement process. This shows that MICA's reputation is growing, and an increasing number of firms recognize the distinctive qualities of its alumni.

7. Placement record:- MICA Ahmedabad Placement has once again achieved a stunning 100% placement record, demonstrating its dedication to ensuring that every student gets meaningful job prospects.

8. Top Sector:- The Information Technology (IT) and IT-enabled Services (ITES) sector remained a popular choice among MICA students, with a large number of students pursuing chances in this domain.

9. PPOs (Pre-Placement Offers):- In 2023, a significant proportion of students, 31%, obtained Pre-Placement Offers (PPOs), demonstrating that the institute's internship programs and industry interaction are paying off with greater recruiter faith in MICA students' potential.

Overall, the MICA Placement Report for 2023 demonstrates an excellent display of quality and growth in terms of average pay, new recruiters, and sector preferences. The institute's dedication to developing and creating industry-ready professionals continues to set new standards in management education.

MICA Ahmedabad Average Package 

MICA Ahmedabad Placement has once again displayed its prowess in delivering exceptional placements to its students in 2023. The institute witnessed a remarkable rise in the average package offered to its graduates, signifying the growing recognition of MICA as a premier management institute. Let's delve into the key point of the 2023 placement season:

MICA Ahmedabad PlacementStatistics (2023)
Average package (overall)INR 20 LPA
Top 50% average packageINR 23.82 LPA

1. Average Package:- The amazing average package of INR 20 lakhs per annum is the highlight of MICA Ahmedabad Placement 2023 postings. This marks an almost 5% increase over the previous year's average package of INR 19 lakhs per annum. Such significant development is a credit to the institute's ongoing efforts to improve its curriculum, nurture talent, and foster business linkages.

2. Top 50% Average compensation:- The top 50% of MICA students had a successful placement season, with an enviable annual compensation of INR 23.82 lakhs. This achievement demonstrates the outstanding level of the students as well as the confidence that organizations have in MICA's academic rigor and practical exposure.

MICA Ahmedabad Placement's:- commitment to imparting comprehensive and industry-relevant knowledge to its students has surely played a vital influence in this great achievement. The institute's emphasis on experiential learning, real projects, internships, and industry connections has sharpened its students' talents, making them in high demand among recruiters.

3. Diverse Opportunities:- MICA Ahmedabad Placement has attracted a number of notable firms from a variety of industries, including marketing, advertising, media, consultancy, IT/ITES, and others. This range of recruiters guarantees that students can pursue their hobbies and ambitions while mapping their professional routes.

4. 100% Placement Rate:- In 2023, MICA proudly maintained its perfect track record of earning a 100% placement rate. This outstanding achievement illustrates the institute's consistent dedication to preparing its students for successful careers in a competitive business environment.

5. Pre-Placement Offers (PPOs):- As a result of the institute's emphasis on giving industry exposure and relevant internships, a large percentage of students have received Pre-Placement Offers (PPOs). These offers attest to MICA's strong ties with firms, which translates into more trust in the talent pool it creates.

MICA Ahmedabad Placement graduates have continually demonstrated their ability to generate significant influence in the industries they serve. Their innovative thinking, strategic acumen, and grasp of consumer behavior enable them to take on tough responsibilities and make substantial contributions to the growth of their enterprises.

MICA Ahmedabad Placement 2023 season demonstrated its commitment to excellence in management education once again. The large increase in the average package, together with the remarkable earnings of the top 50% of students, reflects the institute's strong academic basis and its students' outstanding potential. MICA remains a popular destination for organizations seeking innovative leaders and innovators as it evolves and adapts to the dynamic business world, which is a source of pride for both the institute and its illustrious alumni community.

MICA Ahmedabad Placements: Recruiting Companies 

MICA Ahmedabad Placement featured an exceptional lineup of top firms from a variety of industries. These prestigious firms came to the institute's campus in search of top talent to enhance their staff. MICA's dedication to developing competent individuals in marketing, advertising, media, and communication has made it an appealing destination for businesses seeking innovative leaders and creative thinkers. Here are some of the notable recruiters who visited MICA during the 2023 placement season:

MICA Ahmedabad Placement: Recruiters
CognizantDeloitteDalmia Group
FlipkartGartnerGoogle
ICICI BankWiproSchindler Group
MicrosoftPaytmTata AIA Life Insurance
Royal EnfieldCoca-ColaDevtron Labs Pvt. Ltd.

1. Conscious:- Cognizant, a worldwide IT services company, provides a comprehensive range of technology, consulting, and business process outsourcing services and solutions. Its participation in MICA placements demonstrates the increasing importance of data-driven marketing and digital solutions in today's business world.

2. Deloitte:- Deloitte is one of the "Big Four" accounting firms, offering audit, tax, consulting, and advisory services. Its presence at MICA reflects the institute's reputation for creating talented employees capable of dealing with difficult business challenges.

3. Dalmia Group:- The Dalmia Group is a well-known Indian conglomerate with holdings in cement, sugar, refractories, and other industries. Its participation in MICA placements demonstrates the institute's expanding appeal beyond marketing and media.

4. Flipkart:- As India's biggest e-commerce company, Flipkart is at the vanguard of the country's digital revolution. Its presence at MICA demonstrates the value of marketing and communication skills in the e-commerce industry.

5. Gartner:- Gartner is a well-known research and advisory agency that provides useful insights and assistance to businesses all around the world. Its participation in MICA placements shows the growing demand for graduates who can understand the convergence of marketing and technology.

6. Google:- Google's presence at MICA underlines the institute's status as a sought-after destination for digital marketing and communication professionals as a tech behemoth and top employer worldwide.

7. ICICI Bank:- As one of India's largest private sector banks, ICICI Bank's engagement emphasizes MICA's curriculum's significance in educating students for careers in the banking and financial services sectors.

8. Wipro:- Wipro is a worldwide IT services firm best recognized for its software solutions and consulting services. Its presence at MICA highlights the institute's appeal to corporations looking for marketing-savvy technology workers.

9. Schindler Group:- The Schindler Group is a worldwide elevator and escalator firm. Its participation in MICA placements demonstrates the need for marketing specialists in the infrastructure and engineering sectors.

10. Microsoft:- Microsoft's presence at MICA, as a tech juggernaut, underlines the institute's emphasis on training students for careers at the convergence of marketing and technology.

11. Paytm:- Paytm is a significant digital payment and financial technology company, and its involvement demonstrates MICA's importance in the fintech industry.

12. Tata AIA Life Insurance:- The participation of Tata AIA Life Insurance at MICA demonstrates the institute's rising importance in the insurance and financial services sectors.

13. Royal Enfield:- As a well-known motorcycle manufacturer, Royal Enfield's participation in MICA's placements highlights the institute's graduates' attractiveness in the automotive and lifestyle industries.

14. Coca-Cola:- Coca-Cola's participation demonstrates the industry's need for marketing and communication competence.

15. Devtron Labs Pvt. Ltd.:- As part of MICA's placements, Devtron Labs, a technology company, demonstrates the importance of marketing and communication abilities in the tech start-up ecosystem.

These and other top companies demonstrated their trust in MICA's talent pool and its ability to develop industry-ready experts who can make a big difference in their respective industries. MICA's holistic approach to management education and commitment to producing well-rounded, imaginative, and flexible individuals is reflected in the diverse pool of recruiters.

MICA Ahmedabad Placements Year-wise Trends

Over the past three years, MICA Ahmedabad Placement has consistently maintained a stellar placement record, with a 100% placement rate for its graduating students. The institute's commitment to providing quality education and nurturing talent has led to an increasing number of students securing rewarding career opportunities. Let's examine the year-wise trends of MICA's placements over the last three years:

MICA Ahmedabad PlacementMICA Ahmedabad Placement (2020-2021)MICA Ahmedabad PlacementMICA Ahmedabad Placement (2018-19)
No. of Students placed2062019-20180
Percentage of Students placed100%179100%
Highest CTCINR 49.75 LPA100%INR 58.2 LPA
Average CTCINR 14.01 LPAINR 58.2 LPAINR 12.8 LPA
Top SectorIT/ITESINR 13.9 LPAIT/ITES

School Year 2020-2021

Number of Students Placed: MICA successfully placed 206 students in various famous firms throughout the academic year 2020-2021, demonstrating the institute's reach across numerous industries.

Percentage of Students Placed: The 2020-2021 placement season saw a 100% placement rate, demonstrating the institute's capacity to ensure that every student receives excellent work opportunities.

Highest CTC: The highest annual compensation package awarded during this placement cycle was INR 49.75 lakhs, a testament to the great talent cultivated at MICA.

Average CTC: In 2020-2021, the average salary package was INR 14.01 lakhs per annum, demonstrating consistent growth in compensation packages over the years.

Top Sector: The Information Technology (IT) and Information Technology Enabled Services (ITES) sectors remained the recruiters' top choice.

2019-2020 Academic Year

Number of Students Placed: 179 students were placed in the previous academic year 2019-2020, suggesting a sustained demand for MICA graduates in the employment market.

Percentage of Students Placed: MICA earned a 100% placement record once again, solidifying its reputation as a dependable source of industry-ready professionals.

Highest CTC: The highest compensation package offered in 2019-2020 was INR 58.2 lakhs per annum, illustrating the value organizations place on MICA students' unique skill set.

Average CTC: In 2019-2020, the average yearly package for students was INR 13.9 lakhs, demonstrating a consistent upward trend in compensation levels.

Leading Sector: In addition to IT and ITES, E-commerce firms actively recruited from MICA during this placement cycle.

2018-2019 Academic Year

Number of Students Placed: MICA successfully placed 180 students in 2018-2019, demonstrating its strong industry ties and ability to cater to a wide range of fields.

Percentage of Students Placed: As in previous years, the institute earned a 100% placement record, cementing its reputation as a dependable source of managerial expertise.

Highest CTC: The highest compensation package offered in 2018-2019 was INR 58.2 lakhs per annum, which was comparable with previous years' top-tier placements.

Average CTC: The average annual package for students was INR 12.8 lakhs per year, with remuneration steadily increasing over time.

Top Sector: As in previous years, IT and ITES led recruiters' placement preferences.

The year-to-year trends in MICA Ahmedabad placements demonstrate the institute's consistent achievement in finding attractive professional possibilities for its students. The 100% placement rate, combined with exceptional top and average wage packages, demonstrates the continuing value of a MICA management degree and its continued relevance in the ever-changing corporate sector.

Frequently Asked Questions about MICA Ahmedabad Placement

Q. What exactly is MICA Ahmedabad?

Ans. MICA Ahmedabad, commonly known as the Mudra Institute of Communications, Ahmedabad, is a postgraduate independent institution in Gujarat, India. Its mission is to provide management education with an emphasis on strategic communication, marketing, and advertising.

Q. Which programs does MICA provide?

Ans. MICA provides a variety of postgraduate programs, including:

  • Post Graduate Diploma in Management - Communications (PGDM-C) - Creative Communications Crafting (CCC)
  • Communications Fellow Programme in Management (FPM-C)

Q. What is the admissions procedure for the PGDM-C program at MICA?

Ans. Admission to PGDM-C programs normally begins with a written entrance exam, followed by group discussions and personal interviews. Aptitude, general awareness, and communication-related themes may be included in the written test.

Q. Does MICA accept CAT/XAT scores as entrance criteria?

Ans. MICA does not accept CAT or XAT scores. For admission to the PGDM-C program, MICA conducts its own entrance exam called MICAT (MICA Admission Test).

Q. What are the entry requirements for the PGDM-C program at MICA?

Ans. MICA's PGDM-C eligibility criteria may change from year to year. Applicants must generally hold a bachelor's degree (in any discipline) from a recognized university with a minimum percentage as stipulated by the institute. Final-year students are also eligible to apply.

Q. Does MICA provide student placements?

Ans. Yes, MICA has a specialized placement cell that helps students find employment. The institute has a strong track record of placing students in reputable firms in the communications, marketing, media, and advertising industries.

Q. How is life on campus at MICA?

Ans. MICA's campus life is active, with a variety of academic, cultural, and extracurricular activities available. Students take part in a variety of groups, events, and festivals, which add to a well-rounded educational experience.

Q. How can I get in touch with MICA for additional information?

Ans. For more information about MICA Ahmedabad, please visit their official website or contact them using the information provided on their website.

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