The Summer Placement process for the PGP Batch of 2012-14 of IIM Ahmedabad was completed following Cluster 3 of the placement process. More than 130 firms participated in the recruitment process across 3 clusters.
Cluster 1, held on 7th November, comprised three cohorts – global strategy consulting, international investment banks, and investment management firms. More than 25 firms participated in the placement process in Cluster 1 this year. This included regular recruiters such as McKinsey & Company, Boston Consulting Group, Morgan Stanley, Goldman Sachs, Barclays Capital, Royal Bank of Scotland and Accenture. In addition, Cluster 1 also had a significant number of first time recruiters ensuring greater diversity in profiles.
BCG extended offers to 14 students and was the largest recruiter in Cluster 1. Consulting firms recruited in large numbers in general with McKinsey & Co. and Accenture recruiting double digit numbers of interns. Firms in the financial sector also hired aggressively. The Royal Bank of Scotland recruited interns for various roles in different locations.
Pradeep Pattem, Head of Credit and Mortgage markets (EMEA) at the bank, said “We thoroughly enjoyed the process and were able to recruit really sharp candidates. The recruitment process allowed us to have a very good level of interaction with candidates. They displayed good understanding and a keenness for the financial sector. These students bring fresh perspective to the workplace and we are looking to involve them in the development of several projects.”
Cluster 2 of summer placements at IIM Ahmedabad was held on 9th November, a day when a large number of firms extended offers to students for various functional profiles. A significant portion of the firms conducted pre-interview processes in the form of group discussions on 8th November.
A file photo of placements at IIM Ahmedabad
Cluster 2 comprised 5 cohorts: Consumer goods and services, Indian financial services firms, general management leadership programs, niche consulting, and private equity, venture capital and investment management firms. Consumer goods and services represented a large portion of Cluster 2 recruiters with regular recruiters such as Amazon, HUL and P&G making a significant number of offers. Amazon extended 11 offers and was the largest recruiter in the cluster.
In the general management domain, Tata Administrative Services, Aditya Birla Group, Mahindra and Mahindra, and Reliance recruited a substantial number of summer interns. Leading MNCs such as General Electric and Johnson & Johnson also participated in recruitment today. Technology firms also extended offers to several students in Cluster 2 of this year’s summer placements, with firms such as Google, Yahoo! and Microsoft recruiting students for several profiles. Philips recruited students for business development, and sales and marketing internships as part of its business leadership program. Shell India recruited students for the first time from IIMA for sales and marketing internships.
A large number of firms from diverse sectors participated in Cluster 3 of summer placements. The cluster began on 15th November with pre-processes such as tests and group discussions conducted by a few of the firms. Offers were extended to students by firms following interviews on 16th November.
A significant number of e-commerce firms recruited students for various roles in Cluster 3. Cleartrip, Infibeam and Zovi were among the recruiters from this sector. The cluster also included the portfolio companies cohort which included firms such as Just Dial.
Firms from the financial sector also participated in Cluster 3, and Axis Bank and HDFC were among the major recruiters. A notable addition to the list of recruiters at IIM Ahmedabad was World Bank which recruited interns for its Financial Instruments division.
FMCG firms such as L’oreal, Wipro Consumer Care and Agro Tech Foods recruited students for the sales and marketing function. The cluster witnessed strong hiring from consulting firms such as PricewaterhouseCoopers and KPMG, which were a part of the consulting advisory cohort. The RPG Group recruited students in the general management domain.
Mr. Narasimha Rao, Vice President (HR) at Agro Tech Foods, a first time recruiter at IIMA, remarked, “It has been a pleasure to recruit from IIM Ahmedabad. The placement process is very professional and extraordinarily well managed, and we found a large pool of very talented students. We are also very happy that there was a clear communication of placement rules prior to the process and we didn’t have any surprises on the day, which happens in a few other B-schools.”
Recruitment Secretary for the PGP program at IIM Ahmedabad, Barathram A said “A host of new recruiters from diverse domains participated in the summer placement process this year. Students had a wider range of options in terms of industry sectors and functional roles, and this helped them secure internships of their choice.”
Commenting on the conclusion of internship recruitment, Prof. Kirti Sharda, Placement Chairperson at IIM Ahmedabad said, “The enthusiastic response of recruiters is testimony to their confidence in the exceptional quality of our students and their faith in the placement process at IIM Ahmedabad.”
IIMA will publish its audited summer placement report for the PGP program as per the Indian Placement Reporting Standards (IPRS) once the audit process is completed.