Indian Institute of Management (IIM) Ahmedabad has successfully concluded the summer placements for the class of 2019 of the Post Graduate Programme in Management (PGP) with 120 students placed across more than 15 sectors and functions of their choice. Accenture Strategy has been the top recruiter for the second year in a row at IIMA summer placements with 19 offers were made to the Class of 2019 compared to 16 offers to the previous batch.
Firms were grouped into cohorts based on the profile offered and invited to the campus in 3 different clusters. As in the previous years, students were allowed to submit “dream” applications to firms of their choice in a cluster even with an offer in hand. As per release by the IIMA, more than 120 students applied this year for IIMA Summer Placements.
Various offers were made by BFSIs, Consumer tech and goods, e-commerce, General Management cohorts, retail B2B space as well as government enterprises. Among the global banks, FinIQ was the top recruiter in the banking, financial services, and insurance recruiters (BFSI) cohort, having made 10 offers, Citibank made five offers.
The investment banking and markets space saw participation from Bank of America Merrill Lynch, Credit Suisse, Goldman Sachs, HSBC, JP Morgan and Morgan Stanley. Other prominent recruiters in the BFSI cohort included American Express, Axis Bank, DBS Bank and the Reserve Bank of India.
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The RPG Group was the top recruiter in the General Management cohort with 14 offers. The general management cohort saw participation from the Aditya Birla Group, Mahindra & Mahindra, and Tata Administrative Services, among others. AB InBev recruited nine students and took the lead in the Consumer Goods cohort.
Among the e-commerce giants, Amazon, with 12 offers, was the highest recruiter in the Retail B2B space, followed by Flipkart with 8 offers. Microsoft was the leading recruiter in the Consumer Tech cohort with five offers. Uber was the next biggest recruiter in this space. The Telangana government, which hired for the Industry & Commerce and ITE&C departments, also made five offers.
The placements also saw an active participation in the PE and VC domain this year with Kedaara Capital, Multiples Equity, Temasek and True North, among others visiting the campus and participating in IIMA Summer placements.
“This healthy mix of old and new recruiters provided space to our students to dream, for the first time, on four companies and finally select the one that matched their aptitude, skill set, and competency,” said Asha Kaul, Chairperson of the IIMA Summer Placements Committee, in the release.
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Apart from the top recruiters mentioned above, the various cohorts featured many prominent names. The management consulting cohort included AT Kearney, Bain & Co., Deloitte USI, McKinsey & Co., Monitor Deloitte, Strategy& and The Boston Consulting Group, among others.
while sales and marketing roles were offered by regular recruiters like Airtel, HUL, Mondelez, P&G, Reckitt Benckiser, Star TV and Wipro, among others.
Significantly, this year, 7 students opted out of the placement process to work on their own ventures under the mentorship and guidance of Centre for Innovation, Incubation, and Entrepreneurship (CIIE), which is two more than last year’s batch.
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