NE EDUCATION BUREAU
AHMEDABAD, FEB 26
The Indian Institute of Management (IIM) Ahmedabad on Thursday announced that it has concluded the Post Graduate Programme (PGP) 2021-22 successfully with all students getting placed across multiple cohorts. 190 companies made 220 offers to students this year. Firms from multiple domains participated across the three clusters in Final placements, with all students being placed across more than 20 cohorts.
Top recruiter was BCG with 47 offers followed by Accenture with 32.
150 students upgraded their offers during the entire process and 35 dream applications (where students can choose sectors and roles of their choices) were received.
This year, the Private Equity, Venture Capital and Asset Management cohort saw almost a 42% increase in total offers and Management Consulting cohort saw almost 30% increase in comparison to last year.
In the consumer goods and general management domain, TAS was top recruiter with 6 offers followed by HUL, Mondelez and Emaar, with 3 offers.
In the IT Consulting cohort, Tata Consultancy Services (TCS) was the largest recruiter with 4 offers. In the Laterals process, PayTM made the highest number of offers – 20 followed by PwC (13 offers), American Express (11 offers) and OYO (10 offers).
Among the Investment Banks, Goldman Sachs was the largest recruiter, making 6 offers, closely followed by Bank of America with 4 offers.
Companies in the consulting domain included Accenture Strategy, Arthur D. Little, Bain & Co., Boston Consulting Group, GEP Consulting, Kearney, KPMG, Mastercard, McKinsey & Company, Monitor Deloitte, Oliver Wyman, Praxis and PwC among others.
Recruiters in the Investment Banking and Markets space included ARGA Investment, Avendus, Sanford C. Bernstein, Citi, Goldman Sachs, HSBC, Premji Invest & The Xander Group etc.
Consumer goods, consumer services and consumer electronics cohorts saw participation by companies like Asian Paints, CavinKare, Dabur, HUL, ITC, Nestle, P&G, Reckitt, Samsung Electronics, Tata Sky and Wipro Consumer Care etc.
The Conglomerate cohort saw companies like Adani Group, Aditya Birla Group, CK Birla Group, Emaar, and Tata Administrative Services, while the Retail B2B & B2C cohort included firms like Amazon, eShakti, Flipkart, Myntra and Nykaa among others.
The Banking, Financial Services and Insurance recruiters included firms like Angel Broking, and Bajaj Finserv among others. Firms which participated in the Laterals process included Amazon, American Express, BrowserStack, Capgemini, FinIQ, Flipkart, General Atlantic, Google, Microsoft, PayTM, Sprinklr, among others.
There were several new recruiters this year, including A&W Capital, B9 Beverages (Bira 91), Eightfold.Ai, EY Parthenon, Garena, Info Edge Venture Fund, Nykaa, PWC US Advisory, UnDosTres, Zee Entertainment Enterprises and Zomato, among others. Roles were also opened across geographies including Mexico and UAE.
The final 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. 36 firms hired from diverse sectors such as technology, banking, consulting 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.
Professor Ankur Sinha, Chairperson of the Placement Committee at IIM Ahmedabad said, “This year, once again, we completed the final placement process in virtual mode with recruiters and students logging in from remote locations. While the appetite of the regular recruiters was higher this year than the previous years, we also saw a significant increase in the participation of firms and the variety in job roles.”
Sowmya Sreenidhi R, the Recruitment Secretary at IIM Ahmedabad said, “The Lateral and Final Placements of 2022 was concluded successfully on 14th February 2022 despite starting amongst the turmoil due to omicron. As always, the placement process was driven by the objective of achieving the best student-career fit. There was an increase in the dream options within, and across clusters, the option to hold & upgrade Pre-Placement offers, and Lateral Placement offers were provided to the PGP batch. Apart from increased recruitment from regular recruiters, we had an array of new recruiters who were onboarded. We saw a record number of offers from the Lateral placements, with several offer upgrades, which stood as proof that 100% placement is not the primary focus of the IIMA Placement Process. Similar to the last three placement cycles, we had a smooth and seamless virtual hiring process, aided by improved technology for the students and recruiters. We successfully completed the Final Placements process well on time and maximised the student-recruiter fit objective with over 150 students upgrading their offers during the entire process and 35 dream applications during the cluster process alone.”
Regular recruiters were also impressed by the way the transition to a virtual process was managed. Mario Gonsalves, Managing Director and Partner, Boston Consulting Group said “IIM-A has always been a preferred partner for talent needs at BCG and this year we have taken this partnership to even greater heights. Recruitment process at IIM-A has always been extremely smooth & efficient and even in the Covid era the IIMA team has been running an excellent virtual process. We are, once again, elated to be the recruiter of choice for IIM-A. I would like to congratulate the IIM-A team & our internal team and hope to grow this relationship further. We eagerly await to welcome the soon-to-be IIM-A alums to BCG.”
