 "BCG makes most offers as IIM-A wraps up summer placements")
The Boston Consulting Group (BCG), Amazon and Aditya Birla Group emerged as the top three recruiters with 19, 18 and 17 hires as the Indian Institute of Management (IIM-A) wrapped up its summer placements for the 2017 batch of post graduate programme (PGP).
Conducted in three clusters across 11 sectors including investment banking, Internet and technology and e-commerce, among others, the summer internship placements process saw offers being made by over 110 firms.
According to the institute, top double-digit offers across clusters came from the likes of Accenture Strategy, Aditya Birla Group, Amazon, Bain & Co., Flipkart, Goldman Sachs, BCG, and McKinsey & Co.
BCG emerged as the top recruiter at the end of the summer placement process with 19 placement offers. Among global investment banks, Goldman Sachs was the largest recruiter, having picked 11 students for roles in financial markets, investment banking and financial strategy.
In the sales and marketing domain, HUL and Johnson & Johnson made 6 offers each. Amongst general management firms, Aditya Birla Group made 17 offers, which was the highest. Tata Administrative Services and Mahindra & Mahindra made 8 offers each. In the technology sector, Amazon was the largest recruiter having extended 18 offers to students for roles in marketing, operations, product marketing and product management. Flipkart extended 10 offers and Snapdeal made 6 offers.
On the other hand, e-commerce recruiters such as CarDekho, Flipkart, Ola Cabs, OYO Rooms, Rocket Internet, Snapdeal and Xiaomi, besides Amazon and Microsoft from the internet and technology space, made offers to the students from 2017 Class of the Post Graduate Programme (PGP) in Management at IIM Ahmedabad.
Other prominent recruiters were Accenture Strategy, Alvarez & Marsal, A.T. Kearney, Bain & Co., Monitor Deloitte, Parthenon, Roland Berger, and PwC’s consulting arm Strategy&, as well as investment banking leaders Bank of America, Merrill Lynch, Citibank, Credit Suisse, HSBC, JPMorgan Chase & Co., Morgan Stanley, Standard Chartered and UBS.
Among the Banking, Financial Services & Insurance recruiters, American Express, Axis Bank, Edelweiss, JM Financial, Reliance Anil Dhirubhai Ambani Group and Yes Bank extended offers.
Sales and marketing roles were offered by the regular recruiters like Airtel, HUL, Mondelez, P&G, Reckitt Benckiser, Star TV, Vodafone, Wipro, among others.
Around 80 dream applications were made this year, which gave students flexibility to choose and build their careers in the sectors of their preference.
On the other hand, 17 students opted out of this year’s summer placement process to work on their own ventures under the mentorship of IIM-A's Centre for Innovation, Incubation and Entrepreneurship (CIIE).
“It is noteworthy that about 80 students exercised their dream options in subsequent clusters, 17 students opted for entrepreneurial internship, and that all three clusters were house-full with key market leaders from within their cohorts. This only goes to show that cluster system offers a better platform for double coincidence of recruiters' requirements and learners' likings,” said Satish Deodhar, chairperson of the institute’s placement committee.
