Consulting firms once again dominated the first cluster of
placements at the Indian Institute of Management, Ahmedabad, on
Saturday and Sunday. Accenture made the highest number of offers to
students at 18, including preplacement offers (PPOs).
The
Boston Consulting Group, last year's top recruiter, followed closely
with 15 offers. It made offers to two IIM-A graduates on Sunday, which,
coupled with the 13 PPOs it had made earlier, took its tally to 15, the
same as last year.
Last year, five of the top 10 recruiters at IIM-A were from the global strategy and niche consulting space.
Sentiment not too upbeat
The
five top hirers at IIM-A last year included BCG (15), Accenture (13),
McKinsey & Co (10), Capgemini (10) and Bain & Co (nine).
Overall, the average fixed yearly component offered by consulting firms
at IIM-A in 2013 was Rs 15.65 lakh, according to data from the
institute.
This year, however, overall
sentiment isn't too upbeat. Average salary increases have been 5-10%,
said IIM-A campus sources. BCG, on its part, said the salary package it
offered this time has seen no increase from 2013. "We made offers for
Mumbai, Chennai and Delhi for senior associate roles across sectors,"
Sachin Nandgaonkar, senior partner and director at BCG India, told ET.
He said salaries would be in the region of Rs 20-25 lakh.
The
placement process for the 2012-14 batch of the flagship post-graduate
programme in management at IIM-A is being held on weekends.
The
firms that visited the campus as part of cluster 1 comprised three
cohorts: global strategy consulting, investment banks and global
financial services firms. The second cluster next weekend will see FMCG
companies pick up students for sales and marketing. Meanwhile,
IIMCalcutta, where placements began on February 7, is looking to wrap up
the process by February 16.
According to IIM-C
placement sources, consulting firms such as Bain & Co and BCG were
the top recruiters on the first day of placements at the Joka campus.
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