IIM Ahmedabad reports a 54% increase in dream applicants and 100% placements

IIM Ahmedabad reports a 54% increase in dream applicants and 100% placements

This year, 163 dream applications were submitted, providing students the freedom and opportunity to pursue careers in the sectors of their choosing.

The organization also raised the number of posts it provided by 13 percent.

February 12, 2024 marked the completion of the final placement process for the MBA Class of 2024 at the Indian Institute of Management (IIM) Ahmedabad's Post Graduate Program in Management (PGP).

According to a statement from the institution, companies spanning various industries took part in the final placements, which took place into three groups with 100% of students placed in each.

There were two stages to the placing procedure. The first method was the lateral process, in which businesses interviewed graduates of previous programs and extended offers of mid-level management jobs to them. Participating were 28 companies from a range of industries, including technology, banking, finance, consulting, analytics, etc.

The second (last) phase of the procedure included grouping enterprises according to their primary business, and inviting groups of groups to each other's locations. Students were allowed to submit "dream" applications, even with an offer in hand, to the firms of their choosing in the following cluster, just as in prior years.

This year's 163 Dream applications represent a 54% increase over the previous one. Students now have the freedom and opportunity to pursue careers in the subjects of their choosing.

employers

Arthur D. Little, Boston Consulting Group, Kearney, KPMG, McKinsey & Company, Monitor Deloitte, Oliver Wyman, Praxis Global Alliance, PwC, and Strategy & Middle East are a few of the consulting industry recruiters.

Arpwood Capital, ARGA Investments, Avendus Capital, Barclays, DE Shaw, Elevation Capital, Goldman Sachs, HSBC, and Premji Invest are among the leading recruiters in the investment banking and markets, private equity, venture capital, and asset management industries. Among the consumer goods, consumer services, consumer technology, and consumer electronics group firms that made the offer were Bluestone, L'Oréal, Nestlé, Philip Morris International, United Breweries, Bluestone, Diageo, or Hindustan Coca-Cola Beverages.

Abhinandan Lodha Group, Adani Group, Aditya Birla Group, CK Birla Group, Essar, Jindal Shadid, as well as Tata Administrative Services were among the Conglomerate and Retail B2B and B2C firms who participated. Cisco, HCL Tech, Javis, Microsoft, Media.net, and Newgen Software Technologies Limited were among the prominent recruiters offering positions in the enterprise technology space.

Amazon, BrowserStack, Cisco, Coforge, Crompton Greaves, Edra Labs, EXL Service, FinIQ, Lodha Group, Livspace, Microsoft, Myntra, Navi, Piramal, PH Values, and Wipro are among the businesses taking part in the lateral process. This year, there were 23 new hires from various companies, including Elevation Capital, GDI Partners, India Sotheby's International Realty, Javis, Jindal Shadid, Bluestone, Crompton Greaves, DE Shaw, Diageo, as well as Elevation Capital.

Specialty consulting offerings surged dramatically while management consulting offers decreased. "The placement results emphasize the enduring trustworthy relationships we have built on behalf of our recruiters including the reputation of the IIMA brand," said Professor Ankur Sinha, Chairperson of the committee responsible for placement at IIM Ahmedabad. "We have also seen an increase in recruitment by groups and domestic firms."

Additionally, the group's positions rose by 13%.

Accenture and Boston Consulting Group were the two organizations that made the most offers (including PPOs) to the college during the final placement process. Following Boston Consulting Group with 23 offers, Accenture made the most offers at the conclusion of the final placement process with 26.

With nine offers, Goldman Sachs was the biggest recruiter among investment firms, followed by JPMorgan with five. With ten proposals, Adani led the general management sector. Essar Group came in second with six offers. Comparing this year to previous, the Management Consulting group witnessed a 15% decrease in proposals, whereas Niche Consulting saw a fairly notable rise.

The organization also raised the number of posts it provided by 13 percent. Furthermore, with 17 offers, Tata Consultancy Services was a significant employer for consulting positions, followed by PwC with 9. FinIQ made the most bids throughout the lateral process—11—followed by Navi—9 offers. Other noteworthy offers came from Praxis Consulting with seven, Microsoft in Laterals with six, and HUL with six (all PPOs).