MICA publishes separate School of Management reports for final placements and summer internships. The distinction matters: a summer stipend is not a graduate salary, and the reported periods describe different cohorts. The latest placement index also lists 2026-27 final and summer reports, but the current final report's figures were not available in the captured text. The dated figures below therefore remain historical evidence, not a claim about the latest graduating class.
Final placements: 2024-25 report
MICA's Final Placement Report 2024-25 reports 195 students appearing. It gives an average CTC of ₹19.23 lakh, a median of ₹18 lakh and a highest CTC of ₹40.92 lakh. The same report gives average CTCs of ₹23.19 lakh for its top 100, ₹27.37 lakh for its top 50 and ₹31.74 lakh for its top 25. Those are subgroup averages, not alternative estimates of the whole batch's average. The report does not identify the graduating batch in the captured overview, so treat 2024-25 as the report period rather than infer a cohort year.
The report says more than 92 companies participated and 51 were new recruiters. These are the report's counts, not a guarantee that every student received an offer or that the same recruiter mix will recur. Its sector summary and role examples point to work across FMCG and commerce, media, consulting, technology, consumer technology and financial services. The figures are institution-reported and should be read with the report's own denominator and period.
The subgroup averages help show how the report's whole-group average relates to higher earners, but they are not separate programme averages. Using the published figures, the top-100 average is about 1.21 times the whole-group average, the top-50 about 1.42 times, and the top-25 about 1.65 times. The highest CTC is about 2.13 times the average. These ratios are calculated from rounded report values; they describe the spread between reported summary points, not the number of students in each pay band. The median is ₹1.23 lakh below the average, so the average is somewhat higher than the midpoint. Neither statistic shows a full salary distribution.
Summer internships: 2025-27 batch
The Summer Placement Report 2025-26 explicitly covers the 2025-27 batch and says 229 students secured internship offers from 97 organisations across 51 distinct roles. It reports a 100% placement rate for the flagship PGDM-C and PGDM programmes, but that statement is in the summer internship report and should not be read as a final-placement rate.
For a two-month internship, the report lists an average stipend of ₹1,77,262, a median of ₹1,40,000 and a highest stipend of ₹5,76,000. The average is about 27% above the median, calculated from the report's rounded amounts; this describes the distribution's upper side, not what a typical student should expect. The report also says recruiter participation rose 31%, from 74 organisations in the previous summer season to 97.
A 100% summer placement statement does not mean 100% of students received a permanent job. Here the report itself calls the result summer placement and labels the 229 outcomes as internship offers. It also gives separate PGDM-C and PGDM placement-rate wording without a programme-wise student denominator. A prospective student comparing the courses should therefore ask for the current programme-specific final-placement denominator, the number of students who opted in, and the distribution of accepted offers rather than apply this internship figure to a graduating class.
How to use the figures
For employment outcomes, start with the final-placement report and its whole-group average and median. For internship comparison, use the summer report and its two-month stipend basis. Do not compare CTC directly with stipend, or the top-25/top-50/top-100 averages with the whole-group average. MICA's placements page lists newer 2026-27 reports and separates School of Management from School of Applied Creativity; check the report title and programme scope before using a figure. The available current final-placement PDF could not be extracted in this research pass, so no 2026-27 salary or cohort figure is asserted here.
The final report's 195 students appeared figure is useful context, but the captured overview does not supply a programme-wise split, an opted-in count, or a definition of CTC components. The institution also reports participation from more than 92 companies and 51 new recruiters, while its summer report counts organisations and internship offers for a different period. Do not combine those totals: an organisation may participate in multiple seasons, and a recruiter count is not an offer count. For an offer decision, request the current report for the exact programme and batch, then compare the median, number of students included, fixed and variable pay, role, location and any conditions attached to the offer.
The available 2024-25 summary does not break its CTC figures out between PGDM-C and PGDM, and the captured 2025-26 summer summary does not give separate stipend distributions for those programmes. The summer report's 100% statement names both programmes, but it does not provide a programme-wise denominator beside that claim. If you are choosing between the two, ask MICA for outcomes and student counts for the exact award rather than treating the institution-level summary as a head-to-head comparison. The report index also separates School of Applied Creativity: its outcomes should not be folded into School of Management totals.