Even better news for PGP-PMP students

Mid-career executives who resigned from positions in the state and central government and public sector units to study at the Indian Institute of Management-Ahmedabad (IIM-A) is the first batch of Post Graduate Programme in Public Management and Policy (PGP-PMP), have finished placements with offers ranging from Rs 15 lakh to Rs 40 lakh "" nearly five times more than their previous employment.

The 24 participants out of 33 who opted for placements have been offered positions like vice-president, additional vice-president, chief managers, principal consultant in top firms. The highest offers have been made by Reliance AGAG, PWC and Adani Group.

The PGP-PMP is a one-year programme targeted at those looking to take on senior management positions in public management and policy.

"Focused attention on subjects like infrastructure development, financial regulation, public policy and governance and technology management, have managed to attract recruiters who are looking for people to head their Public-Private Partnership projects," said Sebastian Morris, Chairperson of the PGP-PMP programme. 
 

FINAL PLACEMENT SALARY SCENARIO FOR 2008
Institute	Domestic (Rs)		International ($)
	2007	2008	2007	2008
IIM Ahmedabad	1 crore	70 lakh	2,25,000	360,000
IIM Calcutta	40 lakh	N A	2,50,000	340,000
IIM Kozhikode	22 lakh	29 lakh	1,10,000	1,75,000
IIM Indore	18 lakh	26 lakh	1,10,000	89,000
IIFT Delhi	19.2 lakh	25 lakh	1,00,000	1,10,000
XLRI Jamshedpur	16 lakh	28 lakh	1,00,000	1,00,000

The response to the first batch has already alerted IIM-Ahmedabad decision makers who will increase the intake of the batch from 33 to 45. As with all other programmes at the institute, the PGP-PMP is also expected to see a fee hike from Rs 8.5 lakhs to Rs 12 lakhs for the next batch. The fee may go up to Rs 15 lakhs for the third batch.

"The experience at IIM-A has equipped me evaluation skills, knowledge of the economy, finance and markets and has given me an in-depth of the public policy sector, " said Samir K Sinha, an IAS candidate from the 1994 Assam cadre who will go back to the government.