Summer Placement Process for MBA Class of 2027 | HDFC, Apple among 50 new recruiters at IIM-Ahmedabad

The consolidated report of the Summer Placement process, completed on November 3, reveals management consulting cohort to be the largest recruiter with 166 roles (40 per cent) followed by banking, financial services and insurance (BFSI) with 105 roles (25 per cent) and Consumer Goods (FMCG) and durables 37 (9 per cent).

The number of “dream” applications realised as offers increased by over 15 per cent compared to last year. Over 165 firms opened job descriptions for summer internships offering over 230 roles to the students. Students were provided the flexibility of making “dream” applications to firms of their choice in a subsequent cluster, even with an offer in hand. This year, 117 students submitted over 280 dream applications — a notable increase from previous years — reflecting greater flexibility and empowerment for students to pursue their ideal career choices.

Atharva Kapadnis, recruitment secretary at IIM Ahmedabad, said, “This year, we witnessed increased confidence from recruiters across financial services, management consulting, conglomerates, and FMCG sectors, along with strong participation from new firms. The process concluded at the earliest pace since the pandemic, with a significant rise in both dream applications and conversions compared to previous years, reflecting the trust of recruiters and the aspirations of our students. We also continue to diversify the range of firms and sectors participating, ensuring that students have maximum opportunities aligned with their varied interests and career goals.”

While the top recruiters in management consulting cohort included Boston Consulting Group (24), McKinsey and Company (17), Bain and Company (15), and Kearney (15), other recruiters included Alvarez and Marsal, Kepler Cannon, LEK Consulting, McKinsey and Company, Oliver Wyman, Roland Berger, Simon Kucher, Strategy& (India), Strategy& (Middle East) and YCP Auctus.

Saurabh Chhajer, Managing Director and Partner at BCG, in a statement issued by IIM-A said, “We have had yet another successful experience at IIMA. We wrapped up the summer intern recruitment process at IIMA which has always been a campus of choice for BCG. We are excited to welcome this year's batch to BCG. Each year our relationship with IIMA is strengthened further. We would like to commend the placement committee’s efforts to ensure a smooth process for us, in a very competitive and fast-paced cycle.”

Raunak Shah, a McKinsey Partner, and IIM-A alumni stated, “We have consistently been among the top recruiters at the institute and look forward to further strengthening our relationship in the years ahead.”

“We’re delighted to continue our long-standing partnership with IIM Ahmedabad. The talent, drive, and curiosity of IIMA students continue to inspire us each year, and we look forward to welcoming the next generation of Bainies to create lasting impact,” said Prabhav Kashyap, Partner at Bain and Company added in the statement.

Adding to this, Bhaskar Rakshit, Partner at Kearney, said, “We were very pleased with all the 15 interns we hired. We were also impressed with the seamless process managed by the placement committee at IIMA this year.”

“EY-Parthenon has more than doubled its intake over the past two years and is committed to further strengthening this partnership going forward,” said Nishit Bhatia, Partner at EY Parthenon.

In the Investment Banking and Markets cohort, Goldman Sachs (India and HKG/SGP) (11) and Standard Chartered Bank (9) were the top recruiters. Among the other major recruiters in the cohort included Accenture Strategy, with the Accenture Strategy India Market Unit extending six offers and the Accenture Strategy Global Network making 33 offers, as well as 12 offers from Vector Consulting Group, 11 offers from American Express, and 10 offers from EY Parthenon.

Prof Viswanath Pingali, Chairperson of Placements at IIM-Ahmedabad, said, “It is good to see the Indian industry reposing faith in our students for the summer internship, yet again. Since the core philosophy of IIM-A placements revolves around maximizing recruiter-recruitee fit, it is important for us to not only celebrate these results, but also reflect on and analyse them to figure out what to do in the future, so that this metric of recruiter-recruitee fit is further strengthened.”

FinIQ Consulting led with 17 offers, followed by Mahindra and Mahindra and JioStar, each making 10 offers. With Procter and Gamble (8), Amazon (8), Tata Administrative Services (TAS) (6), ITC Limited (6), Flipkart (6), Hindustan Unilever Limited (5).

While Tata Consultancy Services was the largest recruiter, making 13 offers in the Niche Consulting cohort, in the enterprise technology cohort, Adobe led the charge with five offers, followed by Microsoft with four. Hero MotoCorp and Tata Steel were the largest recruiters in the infrastructure and core manufacturing domain, with three offers each, followed by Suzuki (Japan) with 2 offers.

Prominent recruiters in the Investment Banking and Markets space included Arpwood Capital, Avendus Capital, Axis Capital, Bank of America, Barclays, Citibank, DE Shaw, Equirus Capital Private Limited, Goldman Sachs, HSBC, IIFL Capital, JPMorganChase, Moelis and Company, Morgan Stanley, Standard Chartered, and UBS.

In the transformation and operations consulting domain, Accenture Strategy (India Market Unit), Accenture Strategy (Global Network) and Vector Consulting Group made offers. In the advisory consulting cohort, firms such as Deloitte Consulting India, EY Parthenon (India), KPMG India, and PwC CFIB participated. The Cards & Financial Advisory cohort saw participation from American Express, Cranmore Partners Limited, and Synergy Consulting.

Glenmark Pharmaceuticals, Medtronic India and Optum participated. JioStar and Dainik Bhaskar, in the advertising and media cohort, visited with opportunities. The niche consulting cohort saw participation from Accordion, Beghou Consulting, Black Brix, Michael Page and Tata Consultancy Services. Hex Advisory and Intellimation.Ai participated in the Analytics and IT consulting cohort. Core manufacturing and infrastructure cohort consisted of companies such as Hero MotoCorp, Jindal Steel, Sahana Group, Saint Gobain, Sedemac Mechatronics, SKF India, Suzuki Japan, Tata Steel and Thyssenkrupp. The Renewable Energy and Green Tech cohort saw participation from Battery Smart and ReNew Power.