Comparing PGP-ABM to PGP in IIMs: Salary Outcomes and Admission Criteria

The Post Graduate Program in Management (PGP) at Indian Institutes of Management (IIM) offers two distinct pathways: PGP (Regular) and PGP-ABM (Agribusiness Management). These programs differ significantly in terms of salary outcomes and admission criteria. Understanding these differences can help future students make informed decisions about their career paths and educational pursuits.

Salary Outcomes

When comparing the salary outcomes of the PGP programs, it becomes evident that there are notable differences between the regular PGP and the PGP-ABM.

PGP Regular:

Typically attracts higher salary packages due to a larger pool of recruiters and diverse industries often secure roles at top consulting, finance, and technology firms, leading to higher average top IIM graduates, average salary packages can range from INR 20-30 lakhs per annum or higher for some institutes.

PGP-ABM:

Focuses specifically on the agribusiness sector, which may result in lower average salary packages compared to regular often secure roles in agribusiness companies, food processing, and rural development sectors, offering competitive but generally lower salaries than traditional management roles.Average salary packages for PGP-ABM graduates can range from INR 10-15 lakhs per annum, depending on the institute and market demand.

Admission Criteria

The admission process for these programs also varies, reflecting the unique characteristics of each pathway.

PGP Regular:

Candidates typically have a diverse academic background, including engineering, commerce, arts, and is based on the Common Admission Test (CAT) scores, alongside academic performance, work experience, and personal interviews.A significant emphasis is placed on academic excellence and CAT performance.

PGP-ABM:

Specifically designed for candidates interested in agribusiness management, often attracting those with agricultural or related backgrounds.While CAT scores are still considered, some IIMs may accept other entrance exams or have specific criteria related to the agribusiness experience in the agribusiness sector or related fields can significantly advantage candidates in the selection process.

Summary

In summary, the regular PGP program generally leads to higher salary packages and has a broader intake of candidates from various academic backgrounds. In contrast, the PGP-ABM is more specialized, focusing on agribusiness and typically resulting in lower average salaries, but with a targeted approach to candidates interested in this sector. Understanding these distinctions is crucial for prospective students to make informed decisions about which program aligns best with their career goals and aspirations.