The Final Placement process for the Class of 2018 of the Post Graduate Programme (PGP) in Management at IIM Ahmedabad was successfully completed. Firms from multiple domains participated across the three clusters in Final placements, with students being placed across more than 23 cohorts.
The placement process was conducted in two stages. The first was the Laterals process where firms interviewed students with prior work experience and offered them mid-level managerial positions. More than 47 firms hired from diverse sectors such as technology, banking, consulting, general management and analytics. In the second stage of the Final placement process, 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 176 dream applications this year. This gave students the flexibility and choice to build careers in sectors of their preference. Students also had the
opportunity to work under the mentorship of Centre for Innovation, Incubation and Entrepreneurship (CIIE), IIM Ahmedabad on their entrepreneurial ideas.
Prof. Asha Kaul, Chairperson of the Placement Committee said, “Nurturing relationships with existing recruiters and forming new alliances has always been the objective of the Placement Committee. This year was no different. In all the three clusters while we were able to welcome our existing partners, we also got an opportunity to develop relationships with 40 new companies. Students made 176 ‘dream applications’ which helped them live their dreams and fulfil their ambitions. Companies offered varied and diverse roles which were challengi g and exciting for the students who once again proved their mettle.”
Firms from different sectors and geographies participated in the process at IIM Ahmedabad. Recruiters in the management consulting domain included Accenture Strategy, A.T. Kearney, Bain & Co., McKinsey & Co., Monitor Deloitte, Oliver Wyman and The Boston Consulting Group among others. Prominent recruiters in the Investment Banking and Markets space
include Barclays, Citi Bank, Credit Suisse, Deutsche Bank, Goldman Sachs, JP Morgan and Standard Chartered. The Private Equity & Venture Capital cohort included recruiters like Kedaara Capital and Matrix Partners. The Banking, Financial Services & Insurance recruiters included firms like American Express, Bajaj Finserv, FinIQ, Fullerton, HSBC, and Yes Bank.
Sales and marketing roles were offered by regular recruiters like HUL, Nestle, P&G, Reckitt Benckiser and Wipro Consumer Care among others. The General Management cohort saw participation from Aditya Birla Group, C.K. Birla, RPG Group and Tata Administrative Services among others. The Consumer Services cohort saw participation from firms like Airtel, IndiGo and Star TV. The Enterprise Tech and Consumer Tech cohorts saw participation from firms like Magicpin, Microsoft, Nykaa, OYO Rooms and UpGrad among others. Firms which participated in the Laterals process included Adidas Germany, Flipkart, L.E.K. Consulting, Lodha Group, Microsoft, Parthenon and Wipro Global.
About 125 firms participated with 150 different roles in the placement process in 2018. Firms which made the most offers on campus included Accenture Strategy, The Boston Consulting Group and Amazon. Accenture Strategy made the most offers at the end of the final placement process with 18 offers, followed by BCG and Amazon with 14 offers each. Among global
banks, HSBC and JP Morgan were the largest recruiters, having picked 5 students each. In the sales and marketing domain, Airtel extended the most offers – 8 offers followed by HUL – 5.
With 7 offers, TAS was the largest recruiter in the General Management cohort. Microsoft extended 8 offers, the highest in the Enterprise Tech cohort. In BFSI, American Express extended the most offers – 8, followed by Yes Bank and FinIQ with 6 offers each. In IT Consulting, EXL extended the most offers – 8.
Entrepreneurship IIM Ahmedabad has always encouraged students to take up entrepreneurship as a career and this year, 6 students opted out of the placement process to work on their own ventures, under the guidance and mentorship of CIIE.
Sandeep Murisetty, the Recruitment Secretary at IIM Ahmedabad said, “IIM-A Placement process focuses on facilitating the best fit for students and recruiters rather than the quickest fit.
This sets apart our unique cluster-cohort process from the Day-system followed at other campuses. Keeping up with last year’s trend, we saw a significant rise in the number of students finding their dream job post their first job offer. The transparency in the system and the studentfriendly process also helps the recruiters find the right talent who are looking to build a longterm career with them. The flexibility given to students in the cluster cohort process combined with the strengthening of upcoming cohorts in clusters 2 and 3, has diversified placements across new sectors. Increased hiring for laterals positions, as well as Consulting, Operations, and General Management and Leadership roles was the highlight of the Final Placement Process.”
Deodutta Kurane, Group President Human Capital Management, Yes Bank said “Over the years, we have witnessed increasing congruence between Yes Bank’s talent requirement and the quality of hired candidates from IIM-A. We are confident that, this year too, these YES Professional Entrepreneurs (Y-PEPs) will leverage their talent and Yes Bank’s knowledge banking expertise to make outstanding contributions to their skill set, Yes Bank and the banking Industry.”
Further details about the placement process will be released in an audited report, as per the Indian Placement Reporting Standards (IPRS), introduced by IIM-A in an effort to bring about greater transparency in B-school placements across the country. The IPRS report for ‘Final Placements 2018’ will be released 6 months from the date of completion of the process, and the link to the report will be shared with all stakeholders, once released.