IIM Ahmedabad Summer Placements 2021: First cluster witnesses large pool of recruiters

To ensure that IIM-A Placements 2021 are conducted with utmost transparency, the b-school has implemented some digital initiatives as the participating companies will not be physically visiting the campus.

IIM Ahmedabad Summer Placements 2021: The Indian Institute of Management (IIM), Ahmedabad concluded the first cluster of the Summer Placement process for the PGP class of 2023. According to the official press note, the firms that participated in Cluster 1 comprised of five cohorts –investment banking & markets, management consulting, niche consulting, cards and financial advisory and private equity, venture capital & asset management.

Amid the ongoing pandemic situation, IIM-A is conducting the entire placement process via virtual mode. To ensure that IIM-A Placements 2021 are conducted with utmost transparency, the b-school has implemented some digital initiatives as the participating companies will not be physically visiting the campus. The first cluster of summer placements witnessed a large pool of recruiters with about 50 firms participating in the process.

According to the official data released by the institute, the highest number of offers were made by the Boston Consulting Group i.e. 26 offers, followed by Kearney with 24 offers. Other prominent recruiters in the consulting domain included regular recruiters such as Alvarez & Marsal, Arthur D Little, Auctus Advisors, Bain & Company, Ernst & Young, GEP Consulting, McKinsey & Company, Pricewaterhouse 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, JP Morgan Chase, HSBC, Morgan Stanley and Nomura (India& Singapore).

The highest number of offers under Investment Banking and Marketing were made by Goldman Sachs, i.e. 9 offers. In the PE and VC domain, the recruitment process witnessed the participation of firms such as Blackstone, Edelweiss, Gaja  Capital, Iroha,  Jupiter  Capital, True North, Venture  Highway, Xander and White  Oak. Xander emerged as the largest recruiter in the PE/VC and Asset Management cohort with 4 offers. Meanwhile American Express with 13 offers, rolled out the maximum number of offers in the cards and financial advisory cohort. The management institute will be conducting Clusters 2 and 3 on November 19 and November 22, respectively.

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