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IIMA (Indian Institute of Management Ahmedabad) began its cohort-based summer placement process for the first year PGP students from 12 November 2010. IIMA decided to adopt cohort system for its summer placement process as well after using it for final placements last year.

Under the cohort system companies will be divided in clusters according to the sectors, locations and salaries.

Cluster 1 comprised of three cohorts – international investment banks, global strategy consulting and private equity, venture capital and investment management firms.

25 recruiters, who visited the campus in Cluster 1, include regular partners like McKinsey & Co, BCG, Bain & Company, Goldman Sachs, JP Morgan, Morgan Stanley and Nomura.

T. Rowe Price, a global investment management firm visited IIM Ahmedabad for the first time for the placement process. However, IIMA did not disclose the name of any private equity firm, which participated in summer’s placement process at IIMA.

Royal Bank of Scotland made the highest number of offers to IIMA by once again reinforcing its faith in the pool of talent at IIMA.

Students were satisfied with the diverse options provided to them in the placement process. Nevertheless, on the first day itself, four students have opted out of the placement process to join non-profits firms.

The next Cluster is scheduled for November 15, and top corporates are expected to land up at the campus. The mood around placements this time is upbeat, and students are looking forward to continuation of this trend in the coming clusters.
 

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