Adani Group, TCS top recruiters in IIM Ahmedabad MBA placements; 188 firms participated

Even though the institute provided the option of hybrid mode, the institute saw a large number of recruiters visiting the campus while only a few logged in from remote locations.

IIM Ahmedabad Placements 2023 for PGP Management course

The placement process was conducted in two stages. (Representative image. File)

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The Indian Institute of Management, Ahmedabad (IIM Ahmedabad) today concluded the final placement process for the MBA class of 2023 of the Post Graduate Programme (PGP) in Management. This year, 188 firms participated with around 280 roles.

The placement process was conducted in two stages. The first was the laterals process, in which firms interviewed students with prior work experience and offered them mid-level managerial positions. In this, 36 firms participated from diverse sectors such as technology, banking, finance, consulting, analytics.

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The second stage was where firms were grouped into cohorts based on their core business, and groups of cohorts were invited to campus across different clusters. This stage saw 106 applications.

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This year, the Conglomerate cohort witnessed a 135 per cent increase in the number of net offers, the Private Equity, Venture Capital and Asset management cohort witnessed close to a 19 per cent increase in the number of net offers, and the Cards and Financial Advisory cohort witnessed a 20 per cent increase in the number of net offers vis-à-vis last year.

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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. Tata Consultancy Services was the most prominent recruiter in the IT Consulting cohort, with 10 offers (including PPOs).

Even though the institute provided the option of hybrid mode, IIM-A saw a large number of recruiters visiting the campus while only a few logged in from remote locations.

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Recruiters in the consulting domain included Arthur D. Little, Alvarez & Marsal, Bain & Co., Boston Consulting Group, Kearney, KPMG, McKinsey & Company, Monitor Deloitte, PwC and more. 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 and more.

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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.

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.

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