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    MICA Average Package 2024: Sector Wise MICA Average Package, Trends, Top Companies
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    • MICA Average Package 2024: Sector Wise MICA Average Package, Trends, Top Companies

    MICA Average Package 2024: Sector Wise MICA Average Package, Trends, Top Companies

    Updated on 09 Sep 2024, 06:01 PM IST

    The MICA Average Package offered in the recent placement season was Rs. 19.21 lakhs per annum. MICA has achieved yet another consistent 100% placement record, demonstrating its commitment to student success. MICA placement season has witnessed over 87 companies participate in the recruitment drive. Based on the training and support offered by the MICA placement cell helped the graduates to get multiple placement offers and many successfully converted their internships into PPOs (pre-placement offers), marking a 70% increase in PPOs this year. Some of the job roles offered by recruiters in MICA placement with MICA average packages are Founder office/CEO office roles for strategy, GEO Success Specialist, Strategic Development Office, Treasury, and Growth Strategy roles have been offered, expanding career horizons for the students.

    This Story also Contains

    1. MICA Average Package
    2. Factors Affecting MICA Average Package
    3. MICA Average Package: Sector Wise
    4. MICA Average Package Trends
    5. MICA Average Package: Top Recruiters
    MICA Average Package 2024: Sector Wise MICA Average Package, Trends, Top Companies
    MICA Average package

    MICA Average Package

    The median package at MICA was approximately Rs. 18 lakhs per annum. Around 195 students appeared for the MICA placement drive. The highest CTC offered was around Rs. 35.5 lakhs per annum. The MICA average package for the top 25 students reached Rs. 29.9 lakhs per annum. The top 50 candidates bagged MICA average package of Rs. 26.6 lakhs per annum. For the top 100 candidates, the MICA average package was Rs. 23.1 lakhs per annum.

    Factors Affecting MICA Average Package

    The MICA average package depends on the impact of a few factors. These factors are taken into consideration by the recruiting companies when making an offer for a particular position to a candidate. The different factors that influence the MICA placements are mentioned below.

    Course Specialisation: The MICA Average Package differs as per the specialization of the program. A few specializations like IT, Operations, Finance, and marketing tend to pay more as compared to HR.

    Industry or Sector: The type of industry plays a vital role in determining the MICA Average Package. Industries like finance, consulting, and IT offer a higher starting salary.

    Job Role Offered: The particular job role for which a candidate is hired decides what would be the salary package for it. Management and Analyst roles have a higher salary package.

    Individual Performance of the Candidate: The performance of a candidate in the interview or selection rounds decides the MICA Average Package they would be getting upon getting selected for the applied role.

    Job Location: An international location generally tends to pay more than a domestic one. Especially getting placed for a role in tier-one countries like the United States, Canada, and Australia can give a substantial boost to one's career.

    Condition of Job Market: The underlying job market is crucial for the MICA Average Package. A highly demanding job market would enable candidates with high salary packages and vice versa.

    Also See:

    IFMR Graduate School of Business MBA Admissions 2026

    MBA Admissions Open 2026 | UGC Approved Programs | Near 100% Placement Record | Up to 100% Scholarships | Highest CTC 21.32 LPA

    GNIOT Institute of Management Studies PGDM Admissions 2026

    Highest CTC International 23.31 LPA | Highest CTC Domestic 12.5 LPA | Average CTC 7.5 LPA | Avail Merit Based Scholarships

    MICA Average Package: Sector Wise

    The MICA average package varies as per the companies arriving from different sectors to the MICA placements. The MICA average package for different industries is given in the table below.

    Sectors

    Number of Offers

    MICA Highest Package

    MICA Average Package

    FMCG

    38

    Rs. 35.5 LPA

    Rs. 22.49 LPA

    IT/ITES

    25

    Rs. 31.75 LPA

    Rs. 21.07 LPA

    FMCD

    35

    Rs. 27 LPA

    Rs. 18.3 LPA

    Media and Advertising

    32

    Rs. 29 LPA

    Rs. 16.25 LPA

    Analytics, BFSI

    & Consulting

    35

    Rs. 29.04 LPA

    Rs. 19.92 LPA

    Others

    31

    Rs. 23.13 LPA

    Rs. 16.67 LPA

    MICA Average Package Trends

    The MICA average package for 2024 rose by 35% from Rs. 14 to 19 lakhs per annum. The MICA average package trends are provided in the table below.

    Year

    MICA Average Package Trends

    2023

    Rs. 20.09 LPA

    2022

    Rs. 14 LPA

    2021

    Rs. 14.01 LPA

    MICA Average Package: Top Recruiters

    Companies from various industries and sectors offered MICA average packages to candidates for a variety of positions. The top companies participating in the MICA placement drive are listed in the table below.

    Adani

    Coca Cola

    Puma

    Relaxo

    Accenture

    Hindustan Unilever Limited

    Samsung

    Usha

    Amul

    Himalaya

    ITC

    Vedanta

    Angel One

    HDFC Bank

    Mastercard

    Unacademy

    Astral

    Groww

    Godrej

    Tata Steel

    Frequently Asked Questions (FAQs)

    Q: What is MICA fees?
    A:

    The fee for the two-year PGDM program at MICA is Rs. 23 lakhs per annum. The fee is to be paid over the course of four semesters. The facilities of scholarships and educational loan facilities are also available.

    Q: How much XAT percentile is required for MICA?
    A:

    The XAT percentile required for MICA is between 80 to 85. Candidates with an XAT percentile of 85 and above applying to MICA have a strong probability of getting shortlisted for the Interview round.

    Q: What is the average package from MICA?
    A:

    The MICA Average Package for this year’s placement season was Rs. 19.21 lakhs per annum. The placement rate of MICA is 100%. The MICA average package for the top 25 students reached Rs. 29.9 lakhs per annum.

    Q: What is the median CTC in MICA?
    A:

    The median package at MICA was approximately Rs. 18 lakhs per annum. Around 195 students appeared for the MICA placement drive. The highest CTC offered was around Rs. 35.5 lakhs per annum.

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    Questions related to MICA, Ahmedabad

    On Question asked by student community

    Have a question related to MICA, Ahmedabad ?

    Hi Aspirant,

    Hope you are doing great as per the question asked by you yes you can certainly admission in MICA Ahmedabad or NMIMS Mumbai with 79% in 10th ,81% in 12th and 86% in b.com as you need to score high in C.A.T exam and N.M.A.T exam as competition

    Hi Dear,

    Yes, you will get a call from MICA if you score more than 75 percentile in CAT/XAT/GMAT and score good in MICAT. The college takes into consideration score of both the exams for final selection. The weightage for selection is as follows:

    Component

    Weightage percentage

    MICAT Exam Score