IIM Ahmedabad Records 100% Placement: With 54% Jump Than Last Year

During the placement process for the MBA Class of 2024 of the Post Graduate Programme (PGP) in Management at the Indian Institute of Management (IIM) Ahmedabad, which ended on February 12, Accenture and Boston Consulting Group made the most offers on campus (including PPOs-pre placement offers).

Accenture had the most offers at the end of the final placement process, with 26, followed by Boston Consulting Group with 23.

Goldman Sachs made the most offers among investment banks, with nine, followed by JP Morgan with five. In the general management category, Adani made the most offers (10), followed by Essar Group (6 offers).

This year, the management consulting cohort had a 15% decline in the number of offers compared to last year, whereas specialist consulting experienced a considerable increase. Conglomerate roles have also expanded by 13%.

Aside from that, Tata Consultancy Services was a top recruiter for consulting opportunities, with 17 offers, followed by PwC with 9 offers. FinIQ made the most bids during the lateral process, with 11, followed by Navi with 9 offers. Other prominent offers included HUL (all PPOs), Microsoft in Laterals (6 offers), and Praxis Consulting (7 offers).

This year, 23 new recruiters were added, including Abhinandan Lodha, Bluestone, Crompton Greaves, DE Shaw, Diageo, Elevation Capital, GDi Partners, HDFC ERGO, India Sotheby's International Realty, Javis, and Jindal Shadeed.

The placement process was carried out in two parts. The first was the laterals procedure, in which companies interviewed students with previous work experience and offered them mid-level management roles. 28 companies from various industries participated, including technology, banking, finance, consulting, and analytics.

In the second round (finals) of the process, firms were divided into cohorts based on their core business, and these cohorts were invited to campus from various clusters. 

There were 163 dream applications this year, 54% more than the prior year. This provided students with the flexibility and choice to pursue employment in their preferred sectors.

Firms from many sectors and regions took part in the process at IIM Ahmedabad via Laterals, Finals, and PPO. Recruiters in the consulting domain included Arthur D. Little, Boston Consulting Group, Kearney, KPMG, McKinsey & Company, Monitor Deloitte, Oliver Wyman, Praxis Global Alliance, PwC, Strategy and Middle East, and others.

Prominent recruiters in the Investment Banking and Markets and Private Equity, Venture Capital, and Asset Management space included Arpwood Capital, ARGA Investment, Avendus Capital, Barclays, DE Shaw, Elevation Capital, Goldman Sachs, HSBC, Premji Invest, among others. Consumer goods, consumer services, consumer tech, and consumer electronics cohorts’ firms that made offers were Bluestone, Diageo, Hindustan Coca-Cola Beverages, Loreal, Nestle, Phillip Morris International, United Breweries, and Wipro Consumer Care, among others.

The Conglomerate and Retail B2B & B2C cohorts saw participation like Abhinandan Lodha Groups, Adani Group, Aditya Birla Group, CK Birla Group, Essar, Jindal Shadeed and Tata Administrative Services. Some prominent recruiters in Enterprise Tech that gave offers were Cisco, HCL Tech, Javis, Microsoft, Media.Net and Newgen Software Technologies Ltd, etc. Firms participating in the Laterals process included Amazon, BrowserStack, Cisco, Coforge, Crompton Greaves, Edra Labs, EXL Service, FinIQ, Lodha Group, Livspace, Microsoft, Myntra, Navi, Piramal, PH Values and Wipro, among others.

Akarsh Shrivastava, Principal at Elevation Capital, said, “At Elevation Capital, we have been consistently recruiting from global top-tier Ivy League universities, and as we sought to expand the program, IIMA was an obvious first port of call. We were impressed by the incredible quality and maturity of the students.”