IIM-A PGP Final Placements 2023: 188 firms participated with around 280 roles

36 firms participated from diverse sectors such as technology, banking, finance, consulting, analytics, etc. In the second stage (Finals) of the process, firms were grouped into cohorts based on their core business, and groups of cohorts were invited to campus across different clusters.

Indian Institute of Management (IIM) Ahmedabad has concluded the Final Placement process for the MBA Class of 2023 of the Post Graduate Programme (PGP) in Management. Firms from multiple domains participated across the three clusters in Final placements, with all students placed across 23 cohorts.

The IIM-A placement process was conducted in two stages. The first was the Laterals process, where firms interviewed students with prior work experience and offered them mid-level managerial positions. 36 firms participated from diverse sectors such as technology, banking, finance, consulting, analytics, etc. In the second stage (Finals) of the process, firms were grouped into cohorts based on their core business, and groups of cohorts were invited to campus across different clusters. As in previous years, students were provided the flexibility of making “dream” applications to firms of their choice in a subsequent cluster, even with an offer in hand. There were 106 dream applications this year. This gave students the flexibility and choice to build careers in sectors of their preference.

Sectoral Overview

Firms from different sectors and geographies participated in the process at IIM Ahmedabad through Laterals, Finals, and PPOs which are listed below: Recruiters in the consulting domain included Arthur D Little, Alvarez & Marsal, Bain & Co., Boston Consulting Group, Kearney, KPMG, McKinsey & Company, Monitor Deloitte, Oliver Wyman, Praxis Global Alliance, PwC and Strategy & Middle East, among others. Prominent recruiters in the Investment Banking & Markets and Private Equity, Venture Capital, and Asset Management space included A91 Partners, Arpwood Capital, ARGA Investment, Avendus, Bank of America, Citibank, Goldman Sachs, HSBC, JP Morgan Chase & Co, Kotak, Morgan Stanley, Premji Invest, O3 Capital, and Standard Chartered, among others. Consumer goods, consumer services, consumer tech, and consumer electronics cohorts’ firms that made offers were Airtel, Asian Paints, Coca-Cola, HUL, Kimberly-Clark, L’Oréal, Nestle, P&G, Samsung Electronics and Wipro Consumer Care, among others. The Conglomerate and Retail B2B & B2C cohorts saw participation like Amazon, Adani Group, Aditya Birla Group, Bajaj, CK Birla Group, Emaar, Reliance and Tata Administrative Services. The Banking, Financial Services & Insurance, and Cards & Financial Advisory recruiters included American Express, Angel One, IDFC First Bank, IIFL Securities and Mastercard. Some prominent recruiters in Enterprise Tech that gave offers were Adobe, Atlassian, Ikigai Labs and Oracle. Firms participating in the Laterals process included Amagi, American Express, Angel One, Arteria Technologies, BrowserStack, Capital One, EXL Service, FinIQ, Lodha Group, Media.net, Microsoft, Ola, Paytm, Piramal Alternatives, Praxis Global Alliance, PwC, Trident Limited and Zomato among others. There were several new recruiters this year, including Essar Group, cult.fit, Javis, BLS International, Wells Fargo & Co and WestBridge Capital, among others.

Top Recruiters

188 firms participated with around 280 roles in the placement process in 2023, including PPOs. In the Finals placements process, firms that made the most offers on campus included McKinsey & Company and Boston Consulting Group. McKinsey & Company made the most offers (including PPOs) at the end of the final placement process with 34 offers, followed by Boston Consulting Group with 33 offers. Among the Investment Banks, Goldman Sachs was the largest recruiter (including PPOs), making 8 offers, closely followed by o3 Capital with 3 offers. This year, the Conglomerate cohort witnessed a 135% increase in the number of net offers, the Private Equity, Venture Capital and Asset management cohort witnessed close to a 19% increase in the number of net offers, and the Cards and Financial Advisory cohort witnessed a 20% increase in the number of net offers vis-à-vis last year. In the General Management domain, Adani made the highest number of offers (including the pre-placement offers) – 10, closely followed by Essar Group, which rolled out 8 offers. In the IT Consulting cohort, Tata Consultancy Services was the most prominent recruiter, with 10 offers (including PPOs). In the Laterals process, PwC made the highest number of offers-13, closely followed by FinIQ-10 offers. Also, American Express and Angel One rolled out 6 offers each.

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