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Moreover, for the first time, IIM-A introduced an initiative which allowed 12 out of the 399 total eligible students to opt out of summer placement process to work on their own ventures, under the guidance and mentorship of CIIE.
The summer placement process was divided into four clusters wherein firms were grouped into cohorts based on the profile offered, and groups of cohorts were invited to campus across different clusters. Companies from multiple sectors including consulting, financial services, FMCG, general management and pharma, among others across different geographies hired candidates for a wide range of functions.
At conclusion of the process, in terms of number of offers, following BCG were Accenture Strategy, Bharti Airtel, and McKinsey & Co. with more than 10 offers each. Among global investment banks, Goldman Sachs was the largest recruiter, having picked nine students for roles in financial markets, investment banking and financial strategy.
In the FMCG sector, HUL made nine offers for various roles, such as sales and marketing and finance. Amongst general management firms, Bharti Airtel made 11 offers, which was the highest. In the technology sector, Amazon was the largest recruiter having extended nine offers to students for roles in marketing, operations, product marketing and product management.
As in previous years, students were provided the flexibility of making a ‘dream’ application to any firm of their choice in a subsequent cluster even with an offer in hand. This gave students the flexibility and choice to build careers in sectors of their preference.
This year, the students also had the opportunity to work under the mentorship of Centre for Innovation, Incubation and Entrepreneurship (CIIE), IIM Ahmedabad on their entrepreneurial ideas in the Summer of 2015.
Overall in the summer placement process, recruiters across sectors included the likes of Accenture Strategy, Alvarez & Marsal, A. T. Kearney, Bain & Co., The Boston Consulting Group, Hay Group, McKinsey & Co., Monitor Deloitte, Bank of America Merrill Lynch, Deutsche Bank, Goldman Sachs, HSBC, Morgan Stanley, UBS, Asian Paints, HUL, ITC, Mondelez, Nestle, P&G, United Colors of Benetton, Aditya Birla Group, Bharti Airtel, CK Birla Group, TAS, Amazon, Google, Microsoft, Abbott, Cipla and GlaxoSmithCline Pharmaceuticals, among others.
"Firms and first-year students gather for summer placements at the holistic confluence of academics and business at IIM-A. What makes IIM-A stand out in comparison to rest is the acknowledgment by all that IIM-A's placement team consisting of students, staff, and faculty offers a professionally run, technology driven, fair, and transparent placement process to the satisfaction of all," said Satish Deodhar, Chairperson of the Placement Committee, IIM Ahmedabad.
Meanwhile, the third cluster which was held on Monday, November 17 itself comprised five cohorts, including Consumer Goods and Services companies, Core manufacturing companies, Management Consulting firms, Pharmaceutical companies, and Technology and Internet companies.
A total of over 25 firms made offers in this cluster including key recruiters like DFS India, InterGlobe Enterprises, Rational AG, Tata Steel, KPMG, PwC Advisory, Arvind Internet, Infibeam, Abbott and GlaxoSmithKline Pharmaceuticals Limited, among others. participated in this cluster. Companies in the Technology and Internet cohort included Arvind Internet and Infibeam.
In the third cluster, PwC India, Advisory division extended the highest number of offers with a total of 10 offers.
