IIM Ahmedabad Summer Placement: BCG top recruiter with 26 offers in first cluster

NEW DELHI: The Indian Institute of Management Ahmedabad (IIM-Ahmedabad) held the first cluster of the summer placement process for the PGP class of 2023 on November 16. The entire IIM-A summer placement process was conducted virtually this year.

"IIM Ahmedabad saw a large pool of recruiters with about 50 firms participating in the summer placement process. The Boston Consulting Group was the top recruiter with 26 offers, followed by Kearney with 24 offers," the institute said.

The firms that participated in Cluster 1 comprised five cohorts – investment banking & markets, management consulting, niche consulting, cards and financial advisory and private equity, venture capital & asset management.

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IIM Ahmedabad will conduct the summer placements for Clusters 2 and 3 on November 19 and November 22 respectively.

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, PricewaterhouseCoopers and Strategy&.

Goldman Sachs was the largest recruiter in the Investment Banking and Markets cohort with 9 offers. Other recruiters in the domain included Avendus Capital, Bank of America, Citibank, Credit Suisse, Estee Advisors, Goldman Sachs, JPMorgan Chase, HSBC, Morgan Stanley and Nomura (India & Singapore).

In the PE and VC domain, IIM Ahmedabad saw the participation of firms like Blackstone, Edelweiss, Gaja Capital, Iroha, Jupiter Capital, True North, Venture Highway, Xander and White Oak.

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Xander was the largest recruiter in the PE/VC and Asset Management cohort with 4 offers whereas American Express with 13 offers, rolled out the maximum number of offers in the cards and financial advisory cohort.