Placement in five cohorts – investment banking & markets, management consulting, niche consulting, cards and financial advisory and private equity, venture capital & asset management. IIM Ahmedabad
The first cluster of summer placement for the Post Graduate Programme (PGP) Class of 2023 at the Indian Institute of Management (IIM), Ahmedabad, has concluded.
The firms that participated in Cluster 1 comprised five cohorts – investment banking & markets, management consulting, niche consulting, cards and financial advisory and private equity, venture capital & asset management.
“We are conducting the entire placement process virtually this year because of the pandemic. As participating companies will not be physically visiting the campus, we implemented some digital initiatives that helped us carry out the process with utmost transparency,” according to an IIM Ahmedabad media release.
IIM Ahmedabad saw a large pool of recruiters with about 50 firms participating in the process.
The Boston Consulting Group was the top recruiter with 26 offers, followed by Kearney with 24 offers. Other prominent recruiters in the consulting domain included regulars such as Alvarez & Marsal, Arthur D Little, Auctus Advisors, Bain & Company, Ernst & Young, GEP Consulting, McKinsey & Company, Price water house Coopers 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 nine offers.
In the private equity (PE) and venture capital (VC) domain, IIM Ahmedabad 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 this cohort with four offers whereas American Express with 13 offers, rolled out the maximum number of offers in the cards and financial advisory cohort.