Mudra Institute of Communications - Ahmedabad
Mudra Institute of Communications - Ahmedabad

MICA Ahmedabad Placements 2023: Highest CTC: INR 36 LPA, Average: INR 20.1 LPA

Ahmedabad, Gujarat

MICA Ahmedabad Placements 2023 have been recently concluded with a 100% placement rate. The placement highlights for MICA Ahmedabad 2023 showcased its strong position in the realm of Strategic Marketing and Communications. An encouraging surge was witnessed in the average salary at MICA Ahmedabad, escalating from INR 19.01 LPA to INR 20.1 LPA. The highest CTC at MICA Ahmedabad peaked at INR 36 LPA. Particularly noteworthy were the emerging sectors of Analytics, BFSI, and Consulting, offering 39 coveted opportunities.

The Summer Internships 2023 at MICA Ahmedabad achieved resounding success, witnessing the enthusiastic participation of over 70 prominent companies. The summer internships' placement outcomes manifested a striking 49.75% surge in the average stipend, with Analytics, BFSI, and Consulting domains spearheading the offerings with a notable 51 internships. An impressive number of more than 200 students actively participated in the summer internships at MICA Ahmedabad. The highest stipend offered at MICA Ahmedabad is INR 4.40 Lakhs. The average stipend at MICA Ahmedabad stands at INR 1.54 Lakhs.

MICA Ahmedabad Placements 2023: Batch Profile

MICA Ahmedabad placements 2023 witnessed students from varied educational and professional backgrounds. The majority of the students at MICA Ahmedabad came from an Engineering background(43.1%). It was followed by streams like Commerce (22.2%), Management (16.3%), Arts and Design (11.1%), and many others. MICA Ahmedabad placements in 2023 also saw a gender ratio of 51% males and 49% females. Below is the table of work experience of students at IIM Ahmedabad placements:

Work Experience

Percentage of Students



Less than 1 Year


1 to 2 Years


2-3 Years


More than 3 Years


MICA Ahmedabad Placements 2023: Placement Highlights

The placements at MICA serve as evidence of its prominent position in the domain of Strategic Marketing and Communications. This year, there has been an improvement in MICA's average salary, which has increased from INR 19.01 LPA to INR 20.1 LPA. The placement drive saw the participation of over 170 students. Below is the spread of the Highest and Average CTC at MICA Ahmedabad: 

CTC Particulars

CTC Amount INR

Highest CTC


Average CTC

INR 20.9 LPA

Median CTC


Average CTC of Top 25 

INR 31.43 LPA


  • The Median CTC at MICA Ahmedabad increased by 11.11%.
  • Analytics, BFSI, and Consulting emerged as the most sought-after sectors with 39 offers. 

MICA Ahmedabad Placements 2023: Sector Overview

MICA Ahmedabad offers placements in diverse sectors, including FMCG, IT/ITES, FMCD, Media and Advertising, Analytics, BFSI, and Consulting. Some of the major roles offered in these sectors include Account Manager, Brand Manager, Product Manager, Content Marketing Manager, Corporate Communication, Digital Marketing and SEO Manager, and many others. Students wanting to check the number of offers and the highest CTC offered at MICA Ahmedabad must go through the following table: 


Number of offers

Highest CTC

Average CTC




INR 22.81 LPA



INR 34.67 LPA

INR 19.52 LPA





Media and Advertising


INR 21.31 LPA


Analytics, BFSI, and Consulting



INR 17.54 LPA

MICA Ahmedabad Summer Internships 2023

MICA has recently concluded its summer placement season, extending attractive offers to the class of 2022-24 in both PGDM-C and PGDM programs.  This year, more than 70 companies played a pivotal role in elevating placement achievements. MICA Ahmedabad Summer Internships had a remarkable 49.75% increase in the average stipend offered and an impressive 81% increase in the median stipend.

MICA Ahmedabad Summer Internships 2023: Batch Profile

MICA Ahmedabad summer internships 2023 saw a majority of students from an Engineering Background (32.3%). It was led by commerce (17.6%), Arts and Design (17.6%), and management (17.1%) students. More than 45% of females were present and 52% of students were males. MICA Ahmedabad summer Internship batch 2023 also saw a wide array of work experience. Below is the graph of the work experience of students present at the Ahmedabad summer internship 2023:

MICA Ahmedabad Summer Internship Batch Profile

MICA Ahmedabad Summer Internships 2023: Placements Highlights

The placement outcomes at MICA substantiate its domain expertise in the realm of Strategic Marketing and Communications. In the current academic year, MICA has observed a noteworthy 49.75% surge in its average stipend. 

Top sectors included Analytics, BFSI, and Consulting with 51 offers. During the summer internships at MICA Ahmedabad, more than 200 students participated. To check the Highest, Average, and Median stipends at MICA Ahmedabad, the candidates must go through the following table:

Stipend Particulars

Stipend Amount in INR

Highest Stipend

INR 4.40 Lakhs

Average Stipend

INR 1.54 Lakhs

Median Stipend

INR 1.45 Lakhs

Average Stipend of Top 25

INR 3.20 Lakhs


Frequently Asked Questions (FAQs)

How are placements at MICA Ahmedabad?

MICA Ahmedabad achieved a remarkable 100 percent placement rate for its 28th batch of the prestigious flagship PGDM and PGDM communications programs. There was a noteworthy 42 percent increase in the average package offered since 2021.

What is the highest placement at MICA Ahmedabad?

The Highest CTC offered at MICA Ahmedabad is INR 36 LPA.

What is the placement package for MICA Ahmedabad?

Below is the placement package at MICA Ahmedabad:

Placement Particulars

Amount in INR

Highest CTC


Average CTC

INR 20.9 LPA

Median CTC


Which companies visit MICA Ahmedabad?

Notable recruiters at MICA included prominent names such as L'Oreal, ITC, Mahindra Group, Microsoft, The Coca-Cola Company, Flipkart, Google India, Nivea, Tata Consumer Products, Procter & Gamble, and Diageo.

What is the salary of MICA Ahmedabad MBA?

The highest package offered at MICA Ahmedabad for MBA reached an impressive INR 57.52 LPA, while the median salary for the students stood at INR 17.10 LPA.

What is the average placement for MICA Ahmedabad?

The average Placement for MICA Ahmedabad is INR 20.9 LPA.

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