IIM-A placements 2011

IIM Ahmedabad recently concluded its cluster based placements process. The placement process will now be on a rolling basis with firms visiting campus based on the specific interests of students.

MBAUniverse.com brings to you the complete details of the four clusters held on four different days. The Clusters had companies across three cohorts – international investment banks, global strategy consulting and private equity/ venture capital.

Cluster 1 (February 12, 2011)
The Final Placement Process 2011 kicked off at the Indian Institute of Management, Ahmedabad. Consulting firms, BCG and McKinsey gave the highest number of offers. BCG has given 11 offers and McKinsey has given 10 offers, including pre placement offers. Both have recruited in higher numbers
than the previous year.

As a reflection of the improving market situation, there were a greater number of international offers this year. Global investment banks visited the campus in greater numbers than last year. In addition to their Mumbai office, some offered roles in their Singapore and London offices. Consulting firms also offered more international firms.

Double degree student Paul Ricard from HEC Paris, received an offer from Oliver Wyman – a leading global management consultancy. According to him, “My objectives when I joined the program were to discover the most promising economy in the world and initiate a great international career. Today I have achieved both. IIMA’s placement process is rapid and efficient. The students are extremely helpful, in spite of the great stakes involved.”

Cluster 2 (February 19, 2011)

This cluster saw cohorts such as Indian investment banks, corporate leadership programs and international FMCG firms. Group discussions for the recruitment process were held one day back and the shortlisted students were interviewed on Feb 19.

EXL Service gave the highest number of offers today. Sanjay Gupta, Global Head of HR (EXL Service) said, “Having come with multiple roles to offer EXL Service interviewed candidates with diverse profiles and were impressed with the quality of students that IIMA had to offer. A smooth recruitment process further facilitated EXL to finalize more than 10 candidates.”

International marketing firms gave more offers to students than last year. Ten students (including pre-placement offers) will be joining global FMCG giant P&G this year. Himani Maharshi, P&G India Talent Practice, said, “The process was extremely well-managed, and gave sufficient opportunity to both the firm and the student to make an informed choice. We wish the campus and the students a great recruiting season.” Indian conglomerate, RIL, gave 8 offers to students.

Cluster 3 (February 26, 2011)
This Cluster had companies across cohorts such as Indian marketing, Indian financial services and advisory. A total of 22 firms from a variety of industries like telecom, FMCG, energy and electronics participated in Cluster 3. Firms like Airtel, Axis Bank, Ernst&Young, Aircel and RPG offeredroles in sales and marketing, banking, advisory and general management. Apart from these, niche roles in infrastructure financing and e-commerce were also offered. Financial services firm, Yes Bank will have 11 students joining this year. It was the largest recruiter today in terms of number of offers accepted.
Movin Jain, Student Placement Secretary said, “This year our objective was to provide wider opportunities to students. Due to an upbeat market and changes in the placement process, we are in a better position to achieve this goal.”

Cluster 4 (March 05, 2011)
A total of 16 firms from insurance, steel, energy, and apparel industries, amongst others, participated in Cluster 4. Firms like Tata Steel, Aviva, Bajaj Allianz and SKNL offered roles in sales and marketing, supply chain and general management. Tata Steel recruited the highest number of students in this Cluster, with 4 people joining them this year.

According to the new recruitment secretary, Ravish Kumar, “We are extremely happy with the way placements have shaped up, with both firms and candidates satisfied with the mutual fit that the process has offered. Not only are the students satisfied with the wide variety of opportunities that they could choose from, but the firms are also equally happy with the quality of their recruits and the placement process.”