IIM-A looks at new sectors for lateral placements

The Indian Institute of Management-Ahmedabad (IIM-A) has made its placement procedure more favourable for firms. 

Mihir Lal, student co-ordinator, placements, IIM-A, said: “We are changing the placement fee structure to the firms’ advantage. We are also inviting many first-time recruiters to the campus. We are keen to look at new and challenging roles for students and move away from sectors like international banks and consultancy firms. Although these firms are among our long-standing recruiting partners, we are looking at a diverse set of sectors and firms.”

Sectors such as private equity, niche consulting, technology and logistics, which made a debut at last year’s lateral placements, have been visiting the campus this year also. At IIM-A, the lateral placements will last around two months.

“Given the market circumstances, we are likely to see a shift away from finance,” said Lal.

Approximately 120 students will be eligible for lateral placements. The institute is tightlipped on the average salary being offered. However, last year it was Rs 18.3 lakh a year.