IIM Ahmedabad wraps up placement process in three clusters

 

IIM Ahmedabad has wrapped up final placements for its 378-strong class of 2014 within three clusters, one short of the four planned for. 

More than 125 firms participated in the process this year, including the laterals with Accenture Strategy emerging the top recruiter across segments, picking up 18 students. 

Among global investment banks, HSBC was the largest recruiter, making offers to nine students for roles in investment banking, corporate banking and private banking. In the strategy-consulting space, The Boston Consulting Group made 15 offers to students while AT Kearney, Bain & Co and McKinsey & Co extended seven offers each. 

In the niche consulting domain, EXL was the highest recruiter with eight offers. Hindustan Unilever was a leading recruiter in the consumer space with six offers. Reliance Industries was the largest recruiter among general management firms with eight offers, while Amazon led in the technology space with 15 offers. 

Latent View and Samsung made seven offers to students for roles in data analytics and business development. The placement process was conducted in two stages. The first was the laterals process where firms interviewed students with work experience and offered them mid-level managerial positions. The second stage was the final placement process where firms were grouped into cohorts based on the profile offered, and groups of cohorts were invited to campus across different clusters. About 50% of the batch was eligible for lateral placements. 

Firms across diverse sectors such as analytics, BFSI, consulting, consumer services, pharmaceuticals and technology, participated in the process including Aditya Birla Group, Amazon, Google, Infosys, Latent View, Microsoft, Star TV India amongst others. This apart, companies from multiple sectors hired for a wide range of functions. 

Recruiters in the consulting space included Booz and Co, Ernst & Young, EXL, KPMG, McKinsey & Co, Oliver Wyman, TSMG amongst others. The financial services sector saw participation from global investment banks including Bank of America Merrill Lynch, Citibank, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, Morgan Stanley, Nomura, Royal Bank of Scotland, UBS amongst others. 

Sales and marketing roles were offered by the likes of Airtel, Asian Paints, HUL, ITC, Kraft and Nestle, among others. Aditya Birla Group, CK Birla Group, General Electric, Mahindra, Reliance Industries offered general management and leadership profiles. 

From the technology space, there was Amazon, Cognizant, Google, HCL, Infosys, Latent View, Microsoft, Samsung among others. A number of first-time recruiters such as Embibe.com, Fractal Analytics, Kepler Cannon amongst others participated in the placement process. 

This year, 13 students opted out of the placement process to start their own ventures including an IT solutions venture to support the logistics and transportation sector, a platform for improving the agriculture supply-chain, amongst others.