IIM Ahmedabad Placement 2018: 31% of total placement made by Accenture, Amazon, Boston with 46 offers

IIM Ahmedabad Placement 2018
Tuesday, March 13 2018, 05:31 PM
Out of 125 companies participating in placement 2018 at IIM Ahmedabad and making 150 placement offers, 31% offers came from only three companies – Accenture, Amazon and Boston Consulting who made 46 offers and emerged as top recruiters
“Students made 176 'dream applications' which helped them live their dreams and fulfil their ambitions” Prof. Asha Kaul, Chairperson Placement Committee, IIM Ahmedabad

Out of 125 companies participating in placement 2018 at IIM Ahmedabad and making 150 placement offers, 31% offers came from only three companies – Accenture, Amazon and Boston Consulting who made 46 offers and emerged as top recruiters. Firms from multiple domains participated across the three clusters in Final placements, with students being placed across more than 23 cohorts.

IIM Ahmedabad  has concluded the campus placement 2018 in 3 clusters with Accenture making maximum 18 offers followed by Amazon and Boston Consulting Group making 14 offers each. Other top recruiters at IIM Ahmedabad include HSBC, JP Morgan, Airtel, HUL, TAS,

Microsoft, American Express, Yes Bank, FinIQ, EXL among others.

IIM Ahmedabad final placement 2018 witnessed 125 firms participating in the placement process.  Besides 40 new recruiters made placement offers at the campus this year.

Prof. Asha Kaul, Chairperson of the Placement Committee said, “Nurturing relationships with existing recruiters and forming new alliances has always been the objective of the Placement Committee. This year was no different. In all the three clusters while we were able to welcome our existing partners, we also got an opportunity to develop relationships with 40 new companies. Students made 176 'dream applications' which helped them live their dreams and fulfil their ambitions. Companies offered varied and diverse roles which were challenging and exciting for the students who once again proved their mettle.”

Placement Process
Sharing the key highlights in the placement 2018 IIM Ahmedabad has clarified that the placement for the graduating batch of the Post Graduate Programme (PGP) in Management  was successfully completed within 3 clusters.

The placements under Cluster 1 and Cluster 2 were conducted on February 10 and 13, respectively and the third and final cluster was held on February 16, 2018.

The placement process was conducted in two stages. The first was the Laterals process where firms interviewed students with prior work experience and offered them mid-level managerial positions.

More than 47 firms hired from diverse sectors such as technology, banking, consulting, general management and analytics.

In the second stage of the Final placement process, firms were grouped into cohorts based on the profile offered, and groups of cohorts were invited to campus across different clusters.

As in previous years, students were provided the flexibility of making “dream” applications to firms of their choice in a subsequent cluster even with an offer in hand.

176 Dream Campus Applications
The concept of dream campus that began at IIM Ahmedabad 4 years ago continued this year also with  176 Applications received under ‘Dream Application’.

The placement process, with the concept of “dream application”, allowed students to choose the sectors and functions of their choice for their final placement. Students are provided with the flexibility of making a “dream” application to any firm of their choice even with an offer in hand. This gives students the freedom to build careers in sectors of their preference.

Key Placement Trends
Compensation statistics will be released by IIM Ahmedabad after 6 months in an audited report. As per the Indian Placement Reporting Standards (IPRS), introduced by IIM Ahmedabad, the IPRS report for ‘Final Placements 2018’ will be released 6 months from the date of graduation.

125 firms participated in the placement process in 2018 including the laterals process and making 150 offers. Companies from multiple sectors across different geographies hired candidates for a wide range of functions with more offers.

However, IIM Ahmedabad has a consistent record of high placement salary during last many years. Last two years placement trends are shared below:

Placement year
Average Salary (Domestic) Rs. in lakhs
Average salary (International) Rs.in lakhs
Highest salary (Domestic) Rs. in lakhs
Highest salary (International)
Rs. in lakhs
2018
In Sep 2018
In Sep 2018 after IPRS
In Sep 2018
In Sep 2018
2017
22.58
44.27(USD68,104)
53
  82 (USD127,275)
2016
22.14
49.00 (USD73,580)
48
102 (USD 153,568)

IIMA: Fostering Entrepreneurship
IIM Ahmedabad has encouraged students to take up entrepreneurship as a career and this year, 6 students opted out of the placement process to start their own ventures. The start-ups have the opportunity to work under the mentorship of Centre for Innovation, Incubation and Entrepreneurship (CIIE), IIM Ahmedabad on their entrepreneurial ideas.

In line with its culture of fostering entrepreneurship, IIM Ahmedabad offered a placement holiday to these students, wherein they will be allowed to participate in placements in one of the next two years in the event that their venture does not work out.

Sectoral Placement
Firms from different sectors and geographies participated in the process at IIM Ahmedabad. Firms which made the most offers on campus included Accenture Strategy, The Boston Consulting Group and Amazon. Accenture Strategy made the most offers at the end of the final placement process with 18 offers, followed by BCG and Amazon with 14 offers each.

Consulting
Recruiters in the management consulting domain included Accenture Strategy, A.T. Kearney, Bain & Co., McKinsey & Co., Monitor Deloitte, Oliver Wyman and The Boston Consulting Group among others .

BFSI 
The Banking & Financial Services sector witnessed participation from global investment banks, which included Barclays, Citi Bank, Credit Suisse, Deutsche Bank, Goldman Sachs, JP Morgan and Standard Chartered.

The Private Equity & Venture Capital cohort included recruiters like Kedaara Capital and Matrix Partners. The Banking, Financial Services & Insurance recruiters included firms like American Express, Bajaj Finserv, FinIQ, Fullerton, HSBC, and Yes Bank.

In BFSI, American Express extended the most 8 offers, followed by Yes Bank and FinIQ with 6 offers each.

Among global banks, HSBC and JP Morgan were the largest recruiters, having picked 5 students each.

Sales & Marketing
A large number of students at IIM Ahmedabad took up roles in Sales & Marketing in various companies.

Sales and marketing roles were offered by regular recruiters like HUL, Nestle, P&G, Reckitt Benckiser and Wipro Consumer Care among others.

The General Management cohort saw participation from Aditya Birla Group, C.K. Birla, RPG Group and Tata Administrative Services among others.

In the sales and marketing domain, Airtel extended the maximum 8 offers followed by HUL with 5 offers.

General Management
General Management and Leadership profiles were offered to students by Aditya Birla Group, Tata Administrative Services, C.K. Birla, RPG Group among others.  

In the General Management domain, TAS (Tata Administrative Service) was the largest recruiter with 7 offers.

Consumer Services, Enterprises Tech, IT
The Consumer Services cohort saw participation from firms like Airtel, IndiGo and Star TV. 

The Enterprise Tech and Consumer Tech cohorts saw participation from firms like Magicpin, Microsoft, Nykaa, OYO Rooms and UpGrad among others. Microsoft extended 8 offers, the highest in the Enterprise Tech cohort.

In IT Consulting, EXL extended the most 8 offers.

Lateral Process
Firms which participated in the Laterals process included Adidas Germany, Flipkart, L.E.K. Consulting, Lodha Group, Microsoft, Parthenon and Wipro Global.

Sandeep Murisetty, the Recruitment Secretary at IIM Ahmedabad said, “IIM-A Placement process focuses on facilitating the best fit for students and recruiters rather than the quickest fit. This sets apart our unique cluster-cohort process from the Day-system followed at other campuses.”

The cluster-cohort system is unique to IIM-A. It is meant to encourage students to consider career choices based on role and sector. The dream applications process allows a student to sit for 5 more companies after securing an offer. The cluster-cohort system has also helped  to host recruiters in a fair and transparent manner leading to stronger relationships between IIM-Ahmedabad and the recruiter community.

The IPRS Audited placement 2018 report of IIM Ahmedabad will be available in the month of September 2018 with all the salary details.

Stay tuned to MBAUniverse.com for more updates on IIM Ahmedabad Placement 2018

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