The final placement at the Indian Institute of Management, Ahmedabad (IIM-A), for the 2019 batch of the Post Graduate Program in Management (PGP) has concluded with as many as 139 firms, including 33 new recruiters, coming up with 184 different roles.
Two students had opted out of the placement process to work on their own venture, under the guidance and mentorship of the Centre for Innovation Incubation and Entrepreneurship (CIIE).
Consulting sector emerged as the top recruiter with Accenture Strategy making the most offers at 24, including pre-placement offers (PPOs), followed by The Boston Consulting Group (BCG) with 20.
Recruiters in the Management Consulting domain also included A.T. Kearney, Bain & Co., McKinsey & Co., Monitor Deloitte and Oliver Wyman.
Avendus was the biggest recruiter among investment banks with nine offers, followed by JP Morgan with eight offers. The recruiters also included Barclays, Citi, Credit Suisse, Goldman Sachs and HSBC.
“This year we got an opportunity to welcome 33 new recruiters, including a new cohort of media & advertising firms. The 143 ‘dream applications’ made by our students demonstrates the effectiveness of cluster-cohort system where students are pursuing opportunities in sectors and firms of their choice across sectors,”
In the sales and marketing domain, Hindustan Unilever extended the most offers at five, followed by Mondeléz and Wipro Consumer Care with three each. Nestle, P&G and Reckitt Benckiser also participated in the process.
The Banking, Financial Services and Insurance recruiters included American Express and FinIQ.
The Aditya Birla Group was the largest recruiter in general management with nine offers. C.K. Birla, RPG Group and Tata Administrative Services were also in this group.
In the retail B2B and B2C sector, Flipkart came up with the maximum number of offers at 14, followed by Amazon with 11. In Consumer Tech, Paytm was the largest recruiter with 10 offers, followed by Microsoft with eight offers.
Firms from multiple domains participated across the three clusters in final placements, with students being placed across more than 23 cohorts, including a new one of media and advertising firms.
This year, the private equity and venture capital (PE/VC) cohort saw a 200% increase in participating firms compared to the previous year and included recruiters like Matrix Partners and SAIF Partners.
The Consumer Services cohort saw participation from firms like Etihad Airways, IndiGo and Tata Sky.
The Consumer Tech cohort saw participation from firms like Microsoft, Ola, Oyo Rooms, Paytm, Uber and Zomato among others. Firms which participated in the Laterals process included Flipkart, Lodha Group, Microsoft, EY Parthenon, Uber and Wipro Global.
Meanwhile, the ‘dream job’ applications stood at 143, down from 176 last year. Under the ‘dream job’ category, students are provided with the flexibility of applying to firms of their choice in a subsequent cluster even if they have an offer in hand.
A drop in the ‘dream job’ applications could also mean that students are bagging their desired offers in the first time itself.
“This year we got an opportunity to welcome 33 new recruiters, including a new cohort of media & advertising firms. The 143 ‘dream applications’ made by our students demonstrates the effectiveness of cluster-cohort system where students are pursuing opportunities in sectors and firms of their choice across sectors,” Prof Amit Karna, Chairperson of the Placement Committee said.
IIMA did not disclose the salary and other details which will be available later this year in a detailed audited placement report, as per the Indian Placement Reporting Standards (IPRS), is awaited. The IPRS report for ‘Final Placements 2019’ will be released six months from the date of completion of the process.
The 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.
In the second stage, the firms were grouped into cohorts based on the profile offered and groups of cohorts were invited to campus across different clusters. (Image Source:pixbay.com)