CAT 2024 Analysis

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IIM Ahmedabad Placement Report 2024: Top Recruiters & Trends

Feb 17, 2024 | 4 minutes |

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The final placement process for the PGP class of 2024 at IIM Ahmedabad witnessed students securing positions across three clusters, each representing different job domains.

In Cluster 1, students landed roles in consulting, investment banking, and markets with companies like Accenture Strategy and Goldman Sachs. Cluster 2 saw students securing positions in conglomerates, consumer goods, and services, with recruiters including Adani Group and P&G. Finally, Cluster 3 showcased opportunities in BFSI, analytics, and core manufacturing, with companies like Tata Steel and Silver Consumer Electricals.

Let us look at the prominent recruiters in various domains across the 3 clusters.


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Cluster 1: Consulting, Investment Banking, and Markets Dominate

The first cluster of the final placement process for the Post Graduate Program (PGP) class of 2024 at IIM Ahmedabad witnessed Accenture Strategy emerging as the leading recruiter, extending a staggering 25 offers. This cluster had recruiters from six domains, including investment banking and markets, management consulting, niche consulting, advisory consulting, cards and financial advisory, private equity, venture capital, and asset management, with a total of 38 participating firms. Consulting Giants: Notable names in the consulting realm such as Oliver Wyman, BCG, McKinsey, Kearney, Strategy& Middle East, Monitor Deloitte, Simon-Kucher, Praxis Global Alliance, PwC, TCS, and KPMG were prominent recruiters in this cluster. Investment Banking and Markets: Renowned firms like Goldman Sachs, Avendus Capital, Arpwood Capital, Barclays, HSBC, and DE Shaw actively participated in this domain. Private Equity and Venture Capital: Premier firms such as Premji Invest, Elevation Capital, Arga Investment, and American Express led the way in this domain, with Elevation Capital offering the highest package. The entire process was conducted in a hybrid mode, allowing companies the flexibility of virtual or physical participation.

Cluster 2: Diverse Offerings from Conglomerates to Consumer Goods

United Breweries, Bluestone, Essar Group, and Adani Group took the spotlight in the second cluster, each extending six offers. This cluster encompassed six domains, including Conglomerates, Consumer Goods & Durables, Consumer Services, Advertising and Media, Pharma & Healthcare, and Retail B2B & B2C. Conglomerates: Adani Group, Aditya Birla Group, CK Birla Group, Tata Administrative Services, Essar, Abhinandan Lodha Groups, and Vedanta were among the recruiters in this domain. Consumer Goods & Durables: Recruiters included P&G, Diageo, Phillip Morris International, Hindustan Coca-Cola Beverages, L’Oreal, Nestle, and Wipro Consumer Care. Infosys also made its mark by offering three international placements during this cluster.

Cluster 3: Diverse Sectors with Silver Consumer Electricals Taking Lead

The final cluster saw a diverse mix of recruiters across eight domains, including BFSI, Analytics & IT Consulting, Core Manufacturing & Infrastructure, Renewable Energy & Greentech, Government Enterprises, Enterprise Tech, FinTech, and Logistics. BFSI: Tata Steel, NPCI, Jio Financial Services, Newgen Software Tech, Javis, BNP Paribas, Axis Bank, and S&P Global participated in this domain. Core Manufacturing & Infrastructure: Silver Consumer Electricals from Rajkot took the lead by extending five offers, highlighting the diversity of recruiters in this sector. With the conclusion of Cluster 3, the placement process for the PGP batch of 2024 at IIM Ahmedabad came to a successful end. Despite challenges in the job market, the institute witnessed robust participation from recruiters, showcasing both quantity and quality in job offerings. Prof. Ankur Sinha, Chairperson of Placements at IIMA, expressed satisfaction with the increased variety in job roles and participation of firms, emphasizing the resilience of the institute in adapting to changing market dynamics. He was quoted as saying “Even in a tough year for the job market, IIMA saw a large number of recruiters participating in the placement process. This year as well we saw an increase in the participation of firms and also the variety in job roles was higher.”  Also Read:
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