The IIM Ahmedabad placement process of 2013 was completed by March. The placement process enabled the students to join the sectors and functions of their choice. The process was conducted in 2 stages, the lateral placement process and the final placement process. Let us have a look at the different aspect of the placement.
Lateral placement refers to the placement process of the students with work experience. In the 2011-13 batch, almost 50% of the students had prior work experience. The laterals process included firms from diverse sectors such as technology, consulting, pharmaceuticals and analytics. Firms which participated in the laterals process included Aditya Birla Group, Amazon, Deloitte, General Electric, Google, Microsoft, Pricewaterhouse Coopers and Thomson Reuters.
Sector-wise Placement Trend
The top sectors which recruited the students were as follows:
Sales & Marketing
General Management and Leadership
Now we will have a look at the top recruiters in each of the above mentioned sectors.
Banking: Among the global banks, the recruiters included Bank of America Merrill Lynch, Barclays, Citibank, Deutsche Bank, Goldman Sachs, HSBC, Morgan Stanley, Royal Bank of Scotland and Standard Chartered Bank. The Indian banks included Axis Bank, DBS, HDFC, Kotak, JM Financial and Yes Bank.
Consulting: The consulting space included global strategy consulting firms as well as niche consulting firms such as Accenture, AT Kearney, Bain & Company, Booz and Company, Boston Consulting Group, Capgemini, Deloitte, Ernst & Young, Feedback Ventures, KPMG, McKinsey & Company, Monitor Group, Oliver Wyman, Opera Solutions, Pricewaterhouse Coopers, TSMG and Vector Consulting.
Sales & Marketing: The top recruiters in this sector were Airtel, Asian Paints, HUL, ITC, Kraft, L’Oreal, Mars, Nestle, P&G, Pepsi and Reckitt Benckiser.
General Management and Leadership: Aditya Birla Group, Cipla, General Electric, Ingersoll Rand, Mahindra, Reliance, RPG Group, TAS, Thomson Reuters amongst others.
Technology: Cognizant, Google, Hewlett Packard, HCL, Microsoft, Oracle and SAP.
The number of participating companies in both the lateral placement as well as the final placement rounds was more than 130. The company which recruited the maximum number of students was Boston Consultancy Group, which was 15. A significant number of students was recruited by international consulting firms such as Accenture (13), McKinsey & Company (10), Capgemini (10) and Bain & Company (9).
Among the global investment banks, Goldman Sachs was the largest recruiter which recruited 7 students for roles in financial markets as well as quantitative strategy. In the consumer goods and services sector, Airtel was the lead recruiter which made 11 offers to students for marketing and finance roles, both in India and in international locations. Amazon recruited 7 students for roles in business development and operations.
In the batch of 2013, 5 students opted out of the placement process to start their own ventures. According to IIM Ahmedabad, The start-ups include a professional network for photographers, an online sampling and market research portal and an e-commerce venture for project equipment.
Prof. Kirti Sharda, the Chairperson of the Placement Committee, IIM Ahmedabad said, “The demand for IIMA graduates continues to be high and has overridden concerns of a general slowdown in hiring activities in 2012-13. Students have been placed in their chosen roles in diverse cohorts comprising a remarkable array of recruiters. We are glad to announce that the PGP batch of 2011-13 has been placed and the PGP Final Placement Process at IIM Ahmedabad is complete."
Barathram A, the Recruitment Secretary of IIM Ahmedabad said, “We are extremely happy with the way full time placements have panned out this year. Despite the uncertain economic scenario, students had opportunities in various sectors. Consulting firms, FMCG and pharmaceutical companies were among the major recruiters this year. Students were able to secure roles of their choice standing testimony to the high recruiter-student fit at IIM Ahmedabad”.