NE NEWS SERVICE
AHMEDABAD, DEC 1
The Indian Institute of Management (IIM), Ahmedabad on Tuesday announced that Bain & Company and The Boston Consulting Group (BCG) have emerged as the top two recruiters with 20 and 19 internship offers, respectively, in the first cluster of the summer placement process for the flagship PGP class of 2022.
IIM Ahmedabad follows a cluster system for the final placement process where sectors are invited in cohorts at regular intervals. Held virtually, the first cluster of the summer placement process comprised four cohorts, including investment banking and markets, management consulting, advisory consulting, and private equity, venture capital, and asset management, the statement added.
About 50 firms participated in the process, with other prominent recruiters in the consulting domain, including Accenture Strategy, Alvarez & Marsal, Arthur D Little, Auctus Advisors, GEP Consulting, Kearney, KPMG, McKinsey & Company, Pricewaterhouse Coopers and Strategy.
In the Investment Banking and Markets cohort, EdelweissWealth Management was the top recruiter with 10 offers. Other prominent recruiters in the domain included Arpwood Capital, Avendus Capital, Bank of America, Citibank, Credit Suisse (Singapore and India), Goldman Sachs, JP Morgan, HSBC, Morgan Stanley, and Nomura India.
In the PE and VC domain, there was participation by firms like Blackstone, Gaja Capital, IndiaRF, Multiples Alternate Asset Management, Temasek, and White Oak. True North was the top recruiter in this domain with four offers.
The second and third clusters of the summer placement process will be held on December 4 and 7, respectively.
