November 17, 2014
IIM Ahmedabad Summer Placements were completed in Cohort 3 itself today. As has been the case everywhere this year, placements have been better this year in terms of number of offers made by companies and hence it was easier to place the whole batch fairly quickly.
Top Recruiters :
Accenture Strategy & Boston Consulting Group - 16 Offers
Goldman Sachs - 9 offers
HUL - 9 Offers
Amazon - 9 offers
Bharti Airtel - 9 offers
Mckinsey also made more than 10 Offers
Names of limited number of companies from 110 have been disclosed
Banking & Finance : Bank of America Merrill Lynch, Deutsche Bank, Goldman Sachs, HSBC, Morgan Stanley, UBS
Consulting : Accenture Strategy, Alvarez & Marsal, A.T.Kearney, Bain & Co., The Boston Consulting Group, Hay Group, McKinsey & Co., Monitor Deloitte, PwC Advisory, Strategy&, Feedback Infra
FMCG : Asian Paints, HUL, ITC, Mondelēz, Nestle, P&G
General Management : Aditya Birla Group, Bharti Airtel, CK Birla Group, and Tata Administrative Services
Technology & E-Commerce : Amazon, Google, Microsoft, Infibeam, Arvind Internet
Pharma : Abbot, Cipla, Glaxosmithkline
Consumer Companies & Others : United Colours of Benetton, Interglobe, DFS India
So that is 38 companies out of 110 which have been revealed
In that sense, the placement report is not very useful. It makes no mention of the exact roles. Even when IIM Ahmedabad comes out with the report after 6 months it will not have any mention of this. The IPRS format does not have a provision of revealing all companies. The funny thing is that many schools want us to add names of companies who do not even recruit a single student in their placement report, with IIM A we are always asking for more data. What the IPRS does is gives duly audited stipend and salary figures and we appreciate all schools who are a part of this exercise. However, whether the IPRS is doing enough to help students is a question that the makers of IPRS need to ask.
We will try our best to get you the comprehensive report in the InsideIIM format. However, given the past policy of IIM A it looks tough if we will get any more data than this.
Readers should be reminded about the dream company policy at IIM Ahmedabad where students are provided the flexibility of making a “dream” application to any firm of their choice in a subsequent cluster even with an offer in hand. This gives students the flexibility and choice to build careers in sectors of their preference. Please note that this is not allowed in most schools in India. In that sense, IIM A's policy is quite student friendly. We know of many other IIMs where you need to necessarily take the offer that you first get or among the companies on that day. Very few schools allow students to give a preference even among companies visiting on the same day.
You can read the entire completion press release here
Press Release for Cluster 3
IIM Ahmedabad conducted Cluster 3 of the Summer Placement Process for the PGP Class of 2016 today. The third cluster comprised five cohorts, which included Consumer Goods and Services companies, Core manufacturing companies, Management Consulting firms, Pharmaceutical companies, and Technology and Internet companies.
A total of over 25 firms made offers in this cluster. The key recruiters in the Consumer Goods and Services cohort included DFS India and InterGlobe Enterprises amongst others. Core manufacturing companies included firms like Rational AG and Tata Steel. The Management Consulting sector included KPMG and PwC Advisory amongst others. Pharmaceutical companies such as Abbott and GlaxoSmithKline Pharmaceuticals Limited participated in this cluster. Companies in the Technology and Internet cohort included Arvind Internet and Infibeam. PwC India, Advisory division extended the highest number of offers in this cluster, with a total of 10 offers.
November 14, 2014
In Cluster two, IIM Ahmedabad saw recruiting from banking and financial services, FMCG, Technology and general management along with niche consulting roles including Feedback Infra and Hay Group. FMCG biggies like HUL, P&G, Nestle, ITC and Mondelez were present. They competed for talent with Indian conglomerates like Mahindra, TAS, as well as global technology majors like Amazon.
While the press release mentions that 40 firms recruited, the number of names disclosed is much smaller - only 13. The list of disclosed names doesn't include Aditya Birla Group and Google - two of the most popular recruiters at B schools.
There is an interesting trend that can be observed here. The InsideIIM recruitment survey consistently reports Sales & Marketing as the most popular domain among MBA students. However, the first cohort (and therefore the most popular cohort) was not from Sales & Marketing - rather it was consulting firms, I-banks, PE and VC firms. What could this difference between reported and actual perception mean? Does it mean that everybody would love to get into a consulting role, but realize that they are not cut out for it, and are therefore happy to work in a Sales & Marketing role?
Keep watching this space for more updates.
IIM Ahmedabad conducted Cluster 2 of the Summer Placement Process for the PGP Class of 2016 Today. The second cluster consisted of six cohorts: Banking and Financial Services,Consumer Goods, Consumer Services, Global Technology Firms, General Management and Niche Consulting. The Consumer Goods, Consumer Services and Global Technology Firms cohorts included regular recruiters like Amazon, HUL, ITC, Mondelēz, Nestlé and P&G among others. The General Management and Leadership cohort comprised recruiters such as Mahindra Group, TAS while the Niche Consulting cohort comprised firms like Hay Group, Feedback Infra and others. Overall, there were more than 40 firms that participated in the process. While Bharti Airtel made the highest number of offers (11 offers) in this Cluster, Alshaya and Dunia Finance made offers in the Middle East.
November 11, 2014
The first cluster of IIM Ahmedabad Summer Placements for the Class of 2016 was held today. Consulting, I-Banks and PE/VC firms get the first shot at IIM A students in this cohort. BCG and Accenture Strategy are the top recruiters with 16 offers each. Goldman Sachs leads the I-Banks with 8 offers. Apart from this the press release has precious little to offer.
We understand that IIM A would not want to reveal the total number of offers as it would discourage recruiters in the subsequent cohorts to visit the campus but IIM A should release a bigger list of names of recruiters who recruited today. Having said that, IIM A is the only campus to release information on a cohort day-wise basis. For a detailed report in the IPRS format, we will have to wait for 3 months. Even in that report, limited number of names are released.
The first cluster of the Summer Internship Placement process for the PGP batch of 2014- 16 was held today at the Indian Institute of Management, Ahmedabad. The firms that visited the campus comprised three cohorts - global strategy consulting, international investment banks and investment management firms, which included PE and VC firms.
More than 30 firms participated in Cluster 1. Accenture Strategy and The Boston Consulting Group were jointly the top recruiters with 16 offers each. The other prominent recruiters in the consulting domain included A.T. Kearney, Bain & Co., McKinsey & Co., Monitor Deloitte, Strategy& among others. Various investment banks and investment management firms included Barclays, Citi, Standard Chartered among others. Altisource-Ocwen offered multiple roles in investment research at domestic and international locations. Macquarie Group recruited for the first time from IIM Ahmedabad. Goldman Sachs made the highest number of offers in the financial services domain, with 8 offers.
For all Summer Placement Reports this season click here