Press Release by IIM Ahmedabad Placement Committee
The summer placement process for the Class of 2017 of the Post Graduate Programme (PGP) in Management at IIM Ahmedabad was successfully completed in November within three clusters with students being placed across sectors and functions of their choice. The successful completion of the recruitment cycle for the batch stands testament to the high quality of the students at the institute and the robust nature of the placement process that provides adequate flexibility to both students and recruiters.
Placement process
The summer placement process was completed within 3 clusters. Firms were grouped into cohorts based on the profile offered, and groups of cohorts were invited to campus across different clusters. As in previous years, students were provided the flexibility of making "dream" applications to firms of their choice in a subsequent cluster even with an offer in hand. There were close to 80 dream applications this year. This gave students the flexibility and choice to build careers in sectors of their preference. This year, the students also had the opportunity to work under the mentorship of Centre for Innovation, Incubation and Entrepreneurship (CIIE), IIM Ahmedabad on their entrepreneurial ideas in the Summer of 2016.
Sectoral overview
Firms from different sectors and geographies participated in the process at IIM Ahmedabad. Recruiters in the management and niche consulting domain included Accenture Strategy, Alvarez & Marsal, A.T. Kearney, Bain & Co., McKinsey & Co., Monitor Deloitte, Parthenon, Roland Berger, Strategy&, The Boston Consulting Group, among others. Prominent recruiters in the investment banking and markets space include Bank Of America Merrill Lynch, Citibank, Credit Suisse, Goldman Sachs, HSBC, JPMorgan Chase & Co., Morgan Stanley, Standard Chartered and UBS. Among the Banking, Financial Services & Insurance recruiters, American Express, Axis Bank, Edelweiss, JM Financial, Reliance Anil Dhirubhai Ambani Group and Yes Bank extended offers.
Sales and marketing roles were offered by regular recruiter like Airtel, HUL, Mondelez, P&G, Reckitt Benckiser, Start TV, Vodafone, Wipro, among others. The general management cohort saw participation from Aditya Birla Group, Tata Administrative Services and Mahindra & Mahindra. The Internet & E-commerce space had recruiters like CarDekho, Flipkart, Ola Cabs, OYO Rooms, Rocket Internet, Snapdeal and Xiaomi. We had firms like Amazon and Microsoft in the technology space.
Top Recruiters
More than 110 firms participated in the summer placement process in 2015. Top offer makers across clusters, with double-digit offers each were Accenture Strategy, Aditya Birla Group, Amazon, Bain & Co., Flipkart, Goldman Sachs, McKinsey & Co. and The Boston Consulting Group. The Boston Consulting Group emerged as the highest offer maker at the end of the summer placement process with 19 offers. Among global investment banks, Goldman Sachs was the largest recruiter, having picked 11 students for roles in financial markets, investment banking and financial strategy. In the sales and marketing domain, HUL and Johnson and Johnson made 8 offers each. In the technology sector, Amazon was the largest recruiter having extended 18 offers to students for roles in marketing, operations, product marketing and product management. Flipkart extended 10 offers and Snapdeal made 6 offers.
Entrepreneurship
IIM Ahmedabad has always encouraged students to take up entrepreneurship as a career and this year, 17 students opted out of the summer placement process to work on their own ventures, under the guidance and mentorship of CIIE. The number of students opting out to start out their own ventures has been increasing over the years.
The IPRS Initiative
The Indian Placement Reporting Standards (IPRS) is an initiative that aims to provide transparency and authenticity in placement reporting across B-schools, through the means of audited placement reports. Please visit the
IPRS website to know more.
IIMA would like to thank all its recruiters for their participation in this year's placement process and their cooperation with the IPRS initiative.
Detailed report can be obtained at:
http://www.iimahd.ernet.in/iprs/gallery/PGP_Summers_2015-16_Audited.pdf