Boston Consulting top recruiter in 1st cluster of IIM-A's summer placements

With 24 internship offers, The Boston Consulting Group emerged as the top recruiter in the first cluster of the summer placement process for the flagship PGP class of 2023 of the Indian Institute of Management (IIM) Ahmedabad.

IIM Ahmedabad follows a cluster system of the final placements process where sectors are invited in cohorts at regular intervals. Held virtually, the first cluster of the summer placement process comprised five cohorts including investment banking & markets, management consulting, niche consulting, cards and financial advisory and private equity, venture capital & asset management.

In all, about 50 firms participated in the process with other prominent recruiters in the consulting domain including Alvarez & Marsal, Arthur D Little, Auctus Advisors, Bain & Company, Ernst & Young, GEP Consulting, McKinsey & Company, PricewaterhouseCoopers and Strategy&.

Prominent recruiters in the Investment Banking and Markets space included Avendus Capital, Bank of America, Citibank, Credit Suisse, Estee Advisors, Goldman Sachs, JPMorgan Chase, HSBC, Morgan Stanley and Nomura (India & Singapore).

Goldman Sachs was the largest recruiter in the investment banking and markets cohort with 9 offers.

In the PE and VC domain, IIM-A saw participation from firms like Blackstone, Edelweiss, Gaja Capital, Iroha, Jupiter Capital, True North, Venture Highway, Xander and White Oak. Xander was the largest recruiter in the PE/VC and asset management cohort with four offers whereas American Express with 13 offers, rolled out the maximum number of offers in the cards and financial advisory cohort.

The second and third cluster of the summer placement process at IIM Ahmedabad will be held on November 19 and 22, respectively.