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

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

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.

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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.

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.

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.