The Indian Institute of Management, Ahmedabad, completed its final placement process for had completed the final placement process for the Post-Graduate Programme batch of 2016-18 in cluster-wise units. Of these, Accenture Strategy came romping home with the maximum number of job offers to students. It was followed by Boston Consulting Group and Amazon.
The three clusters of schedules for the final placement were:
Cluster 1: February 10, 2018
Cluster 2: February 13, 2018
Cluster 3: February 16, 2018
According to the institute, the placement process was divided into two parts: One was the Laterals process during which 47 firms hired students from various streams, such as consulting, technology, analytics, banking and general management. The second stage comprised firms that were grouped in units based on the profile offered. These units were then invited to form groups across clusters. Yet again, students were allowed the flexibility of making applications “dream” applications to companies of their choice in a later cluster with a confirmed offer.
At final reckoning, there were 176 dream applications, giving students the choice and flexibility to build their careers in sectors they preferred. Students also got the chance to be mentored by the Centre for Innovation, Incubation and Entrepreneurship (CIIE), IIM Ahmedabad to give shape to their entrepreneurial ideas.
Cluster 1: This comprised three units:
i.) Investment banking and markets
ii.) Management consulting and private equity
iii.) Venture capital and hedge funds
Top recruiters: The top recruiters from this cluster included Accenture Strategy, McKinsey & Company, The Boston Consulting Group, A. T. Kearney, Goldman Sachs, Monitor Deloitte, JP Morgan, Bain & Co. and Oliver Wyman, among others. Accenture Strategy made a total of 17 offers, including Pre Placement Offers (PPOs) while Boston Consulting Group made 15 offers. Finance firms offered jobs in venture capital, investment banking, capital markets and private equity, across geographies and functions. These numbers only go to prove the value and strength of IIM-A’s General Management program.
Cluster 2: This comprised five units:
- i) Consumer Goods
- ii) Consumer Services
iii) Consumer Electronics
- iv) Retail B2B
- v) Advisory Consulting
In this cluster, Airtel topped the charts with the largest number of offers at 10, followed by Tata Administrative Services (TAS) at seven. Units such as Consumer Goods, Consumer Services and Consumer Electronics attracted recruiters like Asian Paints, Samsung, Airtel, Nestlé, HUL, Mondelez, Reckitt, L’Oréal and Benckiser.
The General Management and Leadership unit was made up of recruiters representing the C K Birla Group, RPG Group, JSW Group and Tata Administrative Services, while the Advisory Consulting unit comprised PwC, EY and Protiviti Global.
Students were offered leadership roles in conglomerates of General Management firms. This was followed by consumer goods firms, who held the No. 2 position where offers were concerned, including pre-placement offers.
Cluster 3: This comprised 10 units:
- i) BFSI
- ii) Consumer Tech
iii) Core Manufacturing
- iv) Education & Tech
- v) Enterprise Tech
- vi) IT Consulting
viii) Pharma & Health Care
- ix) Renewable and GreenTech
- x) Social Enterprise & NGO
The recruiters of the BFSI unit comprised American Express, Fullerton, RBL, FinIQ, Yes Bank, and Spandana. Ten offers each were made by EXL (IT Consulting) and American Express for BFSI–the highest in this group. 85 students made dream applications for this cluster, thus reinforcing the superb candidate-recruiter fit that this system offers.
Top Recruiters: About 125 companies participated to offer 150 roles. Of them, Accenture Strategy made a maximum number of offers at 18, followed by Amazon and BCG at 14 offers each. Global banks HSBC and JP Morgan proved to be the largest recruiters in their unit, hiring five students each. In Sales and Marketing, whereas Airtel clinched eight students, HUL sealed five offers.
TAS made seven offers, which made it the largest recruiter in the General Management unit. In the Enterprise Tech unit, Microsoft made eight offers; in BFSI, American Express offered eight students roles, followed by Yes Bank and FinIQ, making six offers each. EXL stood at No. 1 in IT Consulting, having made eight offers.
Sector-wise Top Recruiters:
Consulting: Participating recruiters in the Management Consulting domain included Accenture Strategy, McKinsey & Co., Monitor Deloitte, A.T. Kearney, Oliver Wyman, Bain & Co. and The Boston Consulting Group, among others.
BFSI: Participants of the Investment Banking and Markets space included Citi Bank, Barclays, Goldman Sachs, JP Morgan, Standard Chartered, Credit Suisse and Deutsche Bank. In Private Equity & Venture Capital, recruiters included Matrix Partners and Kedaara Capital. For the Banking, Financial Services & Insurance space, recruiters included American Express, HSBC, Bajaj Finserv, FinIQ, Fullerton and Yes Bank.
Sales and Marketing: There was a flurry of activity from participants like P&G, HUL, Nestle, Reckitt Benckiser and Wipro Consumer Care for this unit.
General Management: The Aditya Birla Group, RPG Group, C.K. Birla and Tata Administrative Services among others participated in this unit.
Others: The Consumer Services group included companies like Star TV, Airtel and IndiGo. The Enterprise Tech and Consumer Tech groups included participants like Microsoft, Magicpin, OYO Rooms and UpGrad and Nykaa, among others. In the Laterals process, firms that participated included Adidas Germany, Wipro Global, Flipkart, Microsoft, L.E.K. Consulting, Parthenon and the Lodha Group.
Food and Agribusiness Management Programme: On February 13, 2018, the institute also completed the final placement process for its PG Programme in Food and Agribusiness Management. All 46 students received diverse opportunities in food, agribusiness and their allied sectors. 24 companies across varied sectors including FMCG, Food and Agri Consulting, Food Processing, BFSI, e-Commerce, Social Development and Agri Inputs and Services participated in this process. There were also many first-time recruiters like ITC Agri, KPMG and Walmart.
Entrepreneurial zeal: IIM Ahmedabad encourages its students to show their entrepreneurial streak by setting up their own ventures as a career. Taking this further were six students who opted out of the placement drive to launch their own ventures. Their start-ups will get an opportunity to be mentored by the Centre for Innovation, Incubation and Entrepreneurship (CIIE), IIM Ahmedabad, to incubate their innovative business ideas.
To foster entrepreneurship among its students, the institute offered a placement holiday to these six students during which they can participate in placements in any of the next two years if their ventures fizzle out.