Amongst India's dream companies, which are the ones that MBA grads from top colleges work at? What percentage of IIM ABCLIK, FMS, ISB and XLRI alumni work with industry giants like Google, Amazon, Unilever, McKinsey, Goldman Sachs, JP Morgan, Aditya Birla Group, and others? In the Alumni Report series, we attempt to track where MBA grads from top Indian business schools end up in their careers, analysing trends to get broad yet valuable insight into company preferences. Here is a detailed breakdown of latest available LinkedIn data on where IIM alumni are currently working.
What Is The Alumni Report? What Data Is It Based On?
The
Alumni Report series, which first began in 2012, is an analysis of the concentration of alumni of top b-schools at India's most desirable companies to work with, as per MBA students and graduates. This series aims to answer the all-important question - where are MBA graduates from top b-schools working now? For current MBA students, this report aims to provide an estimate of which top companies have the highest concentration of their respective institutes' alumni.
The Alumni Reports are based on secondary research involving the collection of publicly available data on LinkedIn. Given that this method of data collection has its limitations, the data provided is best interpreted as an estimate. It is advised that the reader interpret the tables below cautiously.
What Are The Contents of This Report?
This report has been split into two clusters based on the years in which the top b-schools considered for this report were established. The rationale behind such as a selection criterion is to ensure that the alumni base is strong and comparable for the b-schools under comparison. For a more detailed explanation, please refer to the section titled 'Methodology' in this report.
The report has been further split into two sub-clusters for each of the two primary clusters. These two sub-clusters are:
- Company-wise Slicing, i.e., the percentage of alumni of all b-schools at a particular company (view row-wise).
- B-School wise Slicing, i.e., the percentage of alumni of a particular b-school at all companies (view column-wise).
InsideIIM Alumni Report 2022 - Analysis For Business Schools Established Pre-1966
The table above contains the raw data for Indian b-schools established before 1966. Please note the following:
- Relevant filters have been applied in the research process. However, the existence of anomalies is also quite possible. So, there can be a positive or negative variance from the actual figures.
- All possible businesses of the companies have been considered.
- In this report, a higher number does not equal more influence on alumni of specific business schools. The seniority of alumni, quality and diversity of roles play a bigger part. Unfortunately, this cannot be captured with exact accuracy given the subjectivity involved.
The most obvious trend is the tremendous concentration of IIM A, IIM C an XLRI alumni at the top-15 dream companies for MBA students. Together, alumni of these institutes make up two-thirds of all alumni included in this report, miles ahead of all other institutes in this cluster. IIM A and IIM C grads are in particularly high numbers at the MBB firms and TAS.
NITIE has the next best alumni representation at these leading companies. Even with a highly specialized course, 1 in every 10 NITIE alumni makes it to any company in this diverse list. TISS and FMS Delhi, both of which have a relatively (estimated) smaller alumni base compared to their pre-1966 peers, have decent representation at only a handful of the listed companies.
The data above proves what we already know: as an IIM A, IIM C, or XLRI grad, your chances of ending up working with industry leaders are very high.
1 out of 5 alumni mentioned in this list are currently working with Amazon in some or the other capacity. Deloitte comes in as a not-too-distant second, and combined, these companies account for nearly 40% of all alumni of b-schools in this cluster.
InsideIIM Alumni Report 2022 - Analysis For Business Schools Established Post-1966
The table above comprises the raw data for Indian business schools established post-1966. Please note the following:
- Relevant filters have been applied in the research process. However, the existence of anomalies is also quite possible. So, there can be a positive or negative variance from the actual figures.
- All possible businesses of the companies have been considered.
- In this report, a higher number does not equal more influence on alumni of specific business schools. The seniority of alumni, quality and diversity of roles play a bigger part. Unfortunately, this cannot be captured with exact accuracy given the paucity of time and subjectivity involved.
- The figures at NMIMS Mumbai may be heavily influenced by the alumni of NMIMS who may have pursued a non-MBA undergraduate degree from NMIMS, though the filters applied during the research will minimise such anomalies.
- The data for IIM Kozhikode are to be treated with caution, given previous technical glitches resulting in incorrect mapping IIM K alumni on LinkedIn.
IIM B, IIM L, ISB and NMIMS alumni concentration at the listed dream companies is phenomenal. Even excluding NMIMS data to account for inconsistencies, IIM B, IIM L, ISB alumni make up just under 60% of all alumni of b-schools in this cluster. ISB alumni alone make up 20% of the overall alumni count. MDI-G and SPJIMR alumni also have moderate-strong representation at a few of the listed companies. SPJIMR alumni are present in very strong numbers at TAS, just behind IIM A in percentage points.
SIBM Pune and MICA alumni strength pales in comparison, largely because the industry mix is skewed more towards companies that hire for roles other than marketing. Further, these institutes have a relatively small alumni base compared to their peers.
Amazon seriously dominates in this cluster of b-schools as well, with Deloitte coming in as a distant second this time around. Together, alumni at these companies make up over 40% of the bulk. Incredibly, 1 in 4 MBA grads in this cluster work at Amazon.
Limitations Of The Report
As mentioned at the beginning, certain limitations of the research process prevent us from arriving at conclusions with pinpoint accuracy. Some of the major limitations are:
- Not everyone is on LinkedIn B-school alumni may not necessarily have registered on LinkedIn, therefore not giving a comprehensive overview of the actual figures of alumni concentration at MBA students' dream companies. It is also possible that those on LinkedIn may not necessarily update their profiles, thereby giving erroneous or incomplete employment data.
- Not everyone is a B-school student: Unfortunately, LinkedIn does not allow one to filter out MBA graduates from the crowd, and therefore, it is difficult to distinguish between MBA alumni and those who have pursued a certificate course, those who have pursued a short-term duration program, or summer interns at the companies mentioned in this report. Additionally, for institutes such as NMIMS Mumbai that offer multiple courses, there are chances of errors in attempting to distinguish between NMIMS alumni who have pursued undergraduate programs, and those who have pursued a PGDM program.
How can we improve this report? Please let us know in the comments below. We look forward to your valuable feedback.