The Post Graduate Programme (PGP) in Management at the Indian Institute of Management (IIM) Ahmedabad has secured 100% placement this year. Companies from different domains participated in the placement process, hiring students in 30 different divisions.
According to a Moneycontrol report, the placement drive was conducted in two stages. In the first stage, a lateral process of the firms interviewing students with prior work experiences was conducted. Through the same, several firms offered the selected candidates mid-level managerial positions. As many as 28 firms from different domains such as technology, banking, finance, and analytics among others participated in the process.
In the second stage, firms were grouped as per their core business before they came to campus in different clusters.
Previously, the students enrolled for the placement drive were offered the flexibility of making their ‘dream’ applications to the firms of their choice. Following the same, this year, there were 163 dream applications -- 54% higher than the 2023 batch.
According to reports, the firms that participated in the consulting domain included Arthur D Little, Boston Consulting Group, KPMG, Monitor Deloitte, PwC, and Strategy& Middle East among others, reported Moneycontrol.
In the investment banking and markets domain, the prominent recruiters were Arpwood Capital, Barclays, Elevation Capital, Goldman Sachs, and HSBC, among others. Major recruiters in consumer goods, services, tech, and electronics domains included Bluestone, Diageo, Hindustan Coca-Cola Beverages, Loreal, Nestle, Philip Morris International, and many others.
Ankur Sinha, the chairperson of the placement committee at IIM-A, said that despite a challenging job market this year, the institute witnessed significant recruiter engagement during the placement season. “This year, we observed not only an increase in the number of participating companies but also a greater diversity in the job roles offered,” he was quoted as saying by The Indian Express.
Among several prominent firms, Tata Consultancy Services recruited the most candidates (17), followed by PwC, which hired 9 candidates. In the investment banking domain, Goldman Sachs offered 9 posts, followed by JP Morgan with 5 offers.
In the general management domain, Adani Group recruited 10, while Essar Group rolled out 6 offers. Other significant offers were made by HUL, Microsoft, and Praxis Consulting.
(Edited by : Sudarsanan Mani)
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