 "Accenture top recruiter with 18 offers as IIM-A wraps up final placements")
Wrapping up the final placements process within three clusters for the 378 strong batch of post graduate programme (PGP), the Indian Institute of Management, Ahmedabad (IIM-A) saw sectors like consulting and investment banks emerge as top recruiters across all clusters.
Among these, Accenture Strategy picked up the highest number of students at 18, followed by The Boston Consulting Group (BCG) at 15, both from the consulting sectors. More than 125 firms participated in the 2014 placement process that began with cluster one on February 9.
Apart from Accenture and BCG, the other consulting recruiters included A.T. Kearney, Bain & Company, Booz and Company, EY, EXL, KPMG, McKinsey & Company, Monitor Deloitte, Oliver Wyman, and TSMG, among others.
ALSO READ: More students may opt out of B-school placements this year
On the other hand, the financial services sector witnessed participation from global investment banks and included Bank of America Merrill Lynch, Citibank, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, Morgan Stanley, Nomura, Royal Bank of Scotland, UBS amongst others.
A large number of students took up roles in Sales and Marketing in various companies such as Airtel, Asian Paints, HUL, ITC, Kraft, Nestle, Star TV India amongst others. General Management and Leadership profiles were offered to students by Aditya Birla Group, CK Birla Group, General Electric, Mahindra, Reliance Industries Limited amongst others. In the technology sector, students secured roles in firms such as Amazon, Cognizant, Google, HCL, Infosys, Latent View, Microsoft, Samsung, etc.
First time recruiters this year at IIM-A's final placements included the likes of Embibe.com, Fractal Analytics, and Kepler Cannon among others.
ALSO READ: Amazon, RIL, EXL make highest offers in Cluster 2 placements of IIM-A
IIM-A also saw more than 100% rise in number of students opting out of placements for starting their own ventures. As against 5 students last year, this year thirteen students opted out of the placement process to start their own ventures. Among these were start-ups such as an IT solutions venture to support the logistics and transportation sector, a platform for improving the agriculture supply-chain, amongst others.
Speaking about the final placements, Kirti Sharda, chairperson of the placement committee, IIM-A said, "While the placement process helped our recruiters meet their talent needs, it also enabled our students to get placed in roles of their choice, across diverse geographies. The successful completion of finals placement process once again validates the trust held by our recruiters in the fairness and transparency of the placement process at IIM Ahmedabad and in its distinguished student quality."
The institute also saw significant recruiting in its lateral placements, which are meant for students with prior work experience. IIM-A saw 50% of the batch being eligible for lateral placements. Even in laterals, firms from diverse sectors such as analytics, BFSI, consulting, consumer services, pharmaceuticals and technology offered jobs included firms like Aditya Birla Group, Amazon, Google, Infosys, Latent View, Microsoft, and Star TV India, among others.
Meanwhile, with IIM-A following the Indian Placement Reporting Standards (IPRS), the institute will released a detailed and audited placement report six months from the date of graduation this year. According to IIM-A, IPRS is an effort to bring about greater transparency in B-school placements across the country.
Among these, Accenture Strategy picked up the highest number of students at 18, followed by The Boston Consulting Group (BCG) at 15, both from the consulting sectors. More than 125 firms participated in the 2014 placement process that began with cluster one on February 9.
Apart from Accenture and BCG, the other consulting recruiters included A.T. Kearney, Bain & Company, Booz and Company, EY, EXL, KPMG, McKinsey & Company, Monitor Deloitte, Oliver Wyman, and TSMG, among others.
ALSO READ: More students may opt out of B-school placements this year
On the other hand, the financial services sector witnessed participation from global investment banks and included Bank of America Merrill Lynch, Citibank, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, Morgan Stanley, Nomura, Royal Bank of Scotland, UBS amongst others.
A large number of students took up roles in Sales and Marketing in various companies such as Airtel, Asian Paints, HUL, ITC, Kraft, Nestle, Star TV India amongst others. General Management and Leadership profiles were offered to students by Aditya Birla Group, CK Birla Group, General Electric, Mahindra, Reliance Industries Limited amongst others. In the technology sector, students secured roles in firms such as Amazon, Cognizant, Google, HCL, Infosys, Latent View, Microsoft, Samsung, etc.
First time recruiters this year at IIM-A's final placements included the likes of Embibe.com, Fractal Analytics, and Kepler Cannon among others.
ALSO READ: Amazon, RIL, EXL make highest offers in Cluster 2 placements of IIM-A
IIM-A also saw more than 100% rise in number of students opting out of placements for starting their own ventures. As against 5 students last year, this year thirteen students opted out of the placement process to start their own ventures. Among these were start-ups such as an IT solutions venture to support the logistics and transportation sector, a platform for improving the agriculture supply-chain, amongst others.
Speaking about the final placements, Kirti Sharda, chairperson of the placement committee, IIM-A said, "While the placement process helped our recruiters meet their talent needs, it also enabled our students to get placed in roles of their choice, across diverse geographies. The successful completion of finals placement process once again validates the trust held by our recruiters in the fairness and transparency of the placement process at IIM Ahmedabad and in its distinguished student quality."
The institute also saw significant recruiting in its lateral placements, which are meant for students with prior work experience. IIM-A saw 50% of the batch being eligible for lateral placements. Even in laterals, firms from diverse sectors such as analytics, BFSI, consulting, consumer services, pharmaceuticals and technology offered jobs included firms like Aditya Birla Group, Amazon, Google, Infosys, Latent View, Microsoft, and Star TV India, among others.
Meanwhile, with IIM-A following the Indian Placement Reporting Standards (IPRS), the institute will released a detailed and audited placement report six months from the date of graduation this year. According to IIM-A, IPRS is an effort to bring about greater transparency in B-school placements across the country.
ALSO READ: Cheer returns to business school campuses
IIM-A, Duke CE end institutional partnership
Citing rapid changes in the business education market, the Indian Institute of Management, Ahmedabad (IIM-A) and Duke Corporate Education (Duke CE) announced closure of their institutional partnership. According to an official statement by IIM-A, going forward, the institutes will re-frame the nature of their partnership to work on a project-by-project basis. The IIM-A and Duke CE institutional partnership begun in November 2006.
IIM-A, Duke CE end institutional partnership
Citing rapid changes in the business education market, the Indian Institute of Management, Ahmedabad (IIM-A) and Duke Corporate Education (Duke CE) announced closure of their institutional partnership. According to an official statement by IIM-A, going forward, the institutes will re-frame the nature of their partnership to work on a project-by-project basis. The IIM-A and Duke CE institutional partnership begun in November 2006.