E-commerce chief Amazon made 18 offers to final year postgraduate students at the Indian Institute of Management, Ahmadabad IIM-A, throughout the recently concluded placement process becoming the top recruiter. An audited report as per the Indian Placement Reporting Standards i.e. IPRS, which IIM-A introduced to carry greater intelligibility to B-School placements would be released soon. The institute has for the time being unconfined an unaudited report.
A little more than 100 firms took part in the final round of placements at IIM-A Sector wise consulting firms like Accenture strategy, Bain & Company, McKinsey and company The Boston consulting Group made the maximum number of offers. Following Amazon was McKinsey & Company, it made 15 offers. In the midst of global banks Goldman Sachs was the largest recruiter picking nine students.
In sales and marketing, Hindustan Unilever made seven offers followed by Procter & Gamble, SC Johnson and Samsung with six offers each, with ten offers TAS was the largest recruiter in the general management sector. From the consumer tech cohort, Sprinkler completed nine offers. Twenty firms sectors such as speedy moving consumer goods, bank, financial services, agricultural inputs and insurance, food production, and plantation comprehensive 50 offers. Of these Godrej and TGI were recruiters hiring eight and four students all.
A number of primary time recruiters also took part. Pioneering Ventures, flourish foods, PepsiCo and Tilvila were some of them. Usual recruiters such as ADM, yes bank, cloud tail and Reckitt Benckiser reaffirmed their assurance in the program and placement procedure. The final placement process was conducted in two stages. The first stage was the laterals where firms interviewed students with preceding work experience and offered them mid-level managerial positions. In this, about 30 firms hired from varied sectors like consulting, pharmaceuticals and analytics.
In the second stage of the final placement process firms were grouped into cohorts based on the profile obtainable and groups of cohorts were invited to the campus crosswise different clusters. Firms from multiple domains participated crosswise the three clusters in the final placements with students being placed crossways further than 10 cohorts.
Offering students elasticity and preference to build careers in sectors of their predilection, IIM-A continued to offer this year the facility of building ‘dream’ applications to firms of their selection in a subsequent cluster even with an offer in hand. This year 110 such ‘dream ‘applications being made in this way.
As per chairperson placements committee Asha Kaul, IIM-A there were more than 40 new recruiters this year. Apart from consulting, credit Suisse, Citibank, Goldman Sachs, Deutsche Bank, Kotak IB, JP Morgan and Standard Charted also took part in the placements process. His year seven students also opted out of the placements process to labor on their ventures under the leadership and mentorship of Centre for innovating, entrepreneurship and Incubation i.e. CIIE.
Prof Asha Kaul alleged that ‘at IIM-A the placement procedure is student and company affable. We endeavor and offer opportunities to students to ‘live their dreams’ and companies to glide diverse, nontraditional roles. In this mutually beneficial relationship, hinged on interaction students get an opportunity to construct educated choices and veer in areas of interest and companies to experiment and recruit for varied functions’.