PSU execs at IIM-A leave on a high note

Mid-career executives, who resigned from positions in the state and central government and public sector units to join IIM-A, have finished placements with offers ranging from Rs 15 lakh to Rs 40 lakh "� nearly five times more than their previous employment.

This was the first batch of Post Graduate Programme in Public Management and Policy (PGP-PMP). 24 graduates from the first batch of 33 of this programme who opted for placements were offered positions such as vice-president, additional vice-president, chief managers, principal consultant in top firms.

The highest offers have been made by Reliance ADAG, PwC and Adani Group. The PGP-PMP is a one-year programme targeted at those looking to take senior management positions in public management and policy.

"Focused attention on subjects such as infrastructure development, financial regulation, public policy and governance and technology management, resulted in attracting recruiters looking for people to head their public-private partnership projects," said Sebastian Morris, chairperson of the PGP-PMP programme.

The fantastic response generated by the first batch may spur decision makers of the institute to raise the intake 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 lakh to Rs 12 lakh for the next batch.