The Indian Institute of Management Ahmedabad (IIM-A) recently concluded the summer placements for the PGP batch of 2013-15. Out of a total batch size of 381 students, 3 dropped out of the placement process. According to information provided by the institute, these students pursued off-campus opportunities themselves. A total of 378 students accepted offers from 110 firms which participated in the process. The institute did not share the number of firms that made offers or participated in the Summer Internship process. All students who sought internship from the institute received stipends. The students got 21 international offers while 19 locations were undecided.
Boston Consulting Group (14 offers), Aditya Birla Group (10 offers) and GE (10 offers) were the largest recruiters this year. Like the last four years, hiring for the Finance function has continued on a downward spiral. While last year 25.72% of the batch was hired for roles in this function, the number has dropped down to 20.9% this year. Consulting is the leading function with 23.81% of the batch being hired for roles in this function.
Sector-Wise Drill Down:
Bank of America Merrill Lynch, Barclays, and Citibank were some of the investment banks that recruited students from the batch. Banks and financial institutions such as Altisource-Ocwen, American Express, Axis Bank, and World Bank also recruited from IIM-A. Accenture, Alvarez & Marshal, Arete Advisors, A.T.Kearney, Bain & Company, Booz & Company, Hay Group, KPMG, McKinsey & Company and The Boston Consulting Group hired for roles in consulting. Among conglomerates, Aditya Birla Group, GE, Mahindra, Reliance and TAS recruited students. Airtel, Alshaya, Asian Paints, Coca-Cola, Dabur, GlaxoSmithKline, Hindustan Unilever, ITC, etc made offers in the Consumer Goods and Services sector. In the Technology, Internet and E-Commerce sector, Amazon, Cognizant, Flipkart, Google, HCL, IBM, Infibeam, L&A; Tech, Microsoft, among others recruited students.
Function-Wise Drill Down:
Shell and Tata Steel offered roles for sales & marketing and operations. Goldman Sachs offered roles in financial markets, investment banking and quantitative strategy. Social and regulatory roles were offed by SEBI and Anandwan.