IIM Ahmedabad Preferred Choice of Recruiters Worldwide for Summer Placements

IIM Ahmedabad Preferred Choice of Recruiters Worldwide for Summer Placements

The summer recruitment process for the batch of 2006-08 was conducted between November 11th and 16th, and was divided among three slots, each lasting for two days.

IIMA retained its position as a preferred choice for recruiters worldwide, as a staggering 120 students (49% of the 246 students appearing for placements) got placed by the end of the much coveted Slot Zero of placements. 101 more students were placed by Slot One. A large percentage of the students (110 students out of 246) are going to international locations for their summer internships. (See Table 1 for Batch Profile).

Elevation in Job Roles

Along with an unprecedented 60% increase in the number of Slot Zero offers (compared to 73 last year), there has been a substantial elevation in the roles being offered at entry-level. Deutsche Bank, Lehman Brothers and Barclays Capital recruited for Associate positions, i.e., at par with Ivy League B-school grads.

Devashish Chakravarty, Coordinator of the Student Placement Committee, said, "The elevation in roles is a natural extension of IIMA's reputation as a global brand, and its position as one of the best B-schools in the world."

Large Numbers & Exclusivity

The biggest recruiters on Slot Zero were Lehman Brothers (17), Merrill Lynch (14), JP Morgan (11), Barclays (11) and Citigroup (9). Slot Zero saw 25 companies on campus, which included 11 investment banks and 7 consulting firms. In Slot Zero, 82 students got placed in investment banks while 26 students opted for consulting firms. A number of the firms recruited exclusively in IIMA in addition to a few select B-schools worldwide.

Sectors & Diversity

Faculty Chairperson for Placements, Prof. P. K. Sinha, says, "The summer internship is a mandatory academic requirement wherein the student is able to gain relevant hands-on experience in a role of his/her interest. There is an increasingly wider choice of functions, responsibilities and geographies available for the students who are thus able to maximize their learning from the internship."

Next

Contributed by -
Vinamra Srivastava (Campus Associate),
PGP - 1,
IIM Ahmedabad.

MBA Alumni \| MBA Students \| MBA Aspirants \| MBA Forums