23 new recruiters participated in final placements at IIM-A

The 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.

Written by FE Education

February 23, 2024 09:00 IST

In order to provide flexibility and choice to build careers, the students were provided the flexibility of making ‘dream’ applications to the firms of their choice.

Despite a challenging job market this year, the Indian Institute of Management Ahmedabad (IIMA), one of the top management institutes in the country, welcomed 23 new recruiters, in the Final Placement process for the MBA Class of 2024 of the PostGraduate Programme (PGP) in Management completed on February 12, 2024.

The new recruiters include Abhinandan Lodha, Bluestone, Crompton Greaves, DE Shaw, Diageo, Elevation Capital, GDi Partners, HDFC ERGO, India Sotheby’s International Realty, Javis and Jindal Shadeed. Firms from multiple domains participated across the three clusters in Final placements, with all students placed across 30 cohorts.

“This year, we observed not only an increase in the number of participating companies but also a greater diversity in the job roles offered. These placements reflect that the demand for top-tier talent continues to rise, regardless of the economic environment. While there was a decline in management consulting offers, niche consulting offers increased significantly. We also saw an increase in hiring by conglomerates and domestic firms,” Ankur Sinha, Chairperson of the Placement Committee at IIM Ahmedabad, said.

The 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. 28 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.

In order to provide flexibility and choice to build careers, the students were provided the flexibility of making ‘dream’ applications to the firms of their choice in a subsequent cluster, even with an offer in hand. There were 163 dream applications this year, 54% higher than the previous year.