IIM Ahmedabad completes PGP Final Placements 2021 – 2022

Ahmedabad (Press Release): The Final Placement process for the MBA Class of 2022 of the Post Graduate Programme (PGP) in Management at IIM Ahmedabad was  completed. Firms from multiple domains participated across the three clusters in Final placements, with all students being placed across more than 20 cohorts.

Placement Process

The final placement process was conducted in two stages. The first was the Laterals process
where firms interviewed students with prior work experience and offered them mid-level
managerial positions. 36 firms hired from diverse sectors such as technology, banking,
consulting and analytics. In the second stage of the Final Placement process, firms were grouped
into cohorts based on the profile offered, and groups of cohorts were invited to campus across
different clusters. As in previous years, students were provided the flexibility of making “dream”
applications to firms of their choice in a subsequent cluster even with an offer in hand. There
were 35 dream applications this year. This gave students the flexibility and choice to build
careers in sectors of their preference.

Prof. Ankur Sinha, Chairperson of the Placement Committee at IIM Ahmedabad said, “This
year, once again, we completed the final placement process in virtual mode with recruiters and
students logging in from remote locations. The process achieved its stated objective of finding
the right student-recruiter fit by providing students with options to upgrade and dream on the
organisations of their choice. While the appetite of the regular recruiters was higher this year
than the previous years, we also saw a significant increase in the participation of firms and the
variety in job roles. This clearly indicates that the demand for high quality talent continues to
grow and demonstrates the strength of relationships we have built with our recruiters over the
decades. At IIMA we strive to develop future leaders for enterprises and will continue to supply
the industry with the country’s most exceptional talent pool of future managers. We are grateful
to the recruiters who have participated in our placement process and have helped our students
realize their career aspirations. We are confident that the talent that IIMA produces through its
rigorous and contemporary coursework will provide an enriching experience and significant
value to the organizations.”

Sectoral Overview

Firms from different sectors and geographies participated in the process at IIM Ahmedabad.
Recruiters in the consulting domain included Accenture Strategy, Arthur D. Little, Bain & Co.,
Boston Consulting Group, GEP Consulting, Kearney, KPMG, Mastercard, McKinsey &
Company, Monitor Deloitte, Oliver Wyman, Praxis and PwC among others. Prominent
recruiters in the Investment Banking and Markets space included ARGA Investment, Avendus,
Sanford C. Bernstein, Citi, Goldman Sachs, HSBC, Premji Invest & The Xander Group among
others. Consumer goods, consumer services and consumer electronics cohorts saw participation
by regular recruiters like Asian Paints, CavinKare, Dabur, HUL, ITC, Nestle, P&G, Reckitt,
Samsung Electronics, Tata Sky and Wipro Consumer Care among others. The Conglomerate
cohort saw participation like Adani Group, Aditya Birla Group, CK Birla Group, Emaar, and
Tata Administrative Services, while the Retail B2B & B2C cohort consisted of firms like
Amazon, eShakti, Flipkart, Myntra and Nykaa among others. The Banking, Financial Services
& Insurance recruiters included firms like Angel Broking, and Bajaj Finserv among others.
Firms which participated in the Laterals process included Amazon, American Express,
BrowserStack, Capgemini, FinIQ, Flipkart, General Atlantic, Google, Microsoft, PayTM,
Sprinklr, among others. There were several new recruiters this year, including A&W Capital,
B9 Beverages (Bira 91), Eightfold.Ai, EY Parthenon, Garena, Info Edge Venture Fund, Nykaa,
PWC US Advisory, UnDosTres, Zee Entertainment Enterprises and Zomato, among others.
Roles were also opened across geographies including Mexico and UAE.

Top Recruiters

190 firms participated with around 220 different roles in the placement process in 2022. In the
Final placements, firms which made the most offers on campus included Boston Consulting
Group and Accenture. Boston Consulting Group made the most offers (including Pre-Placement
Offers) at the end of the final placement process with 47 offers, followed by Accenture with 32
offers. Among the Investment Banks, Goldman Sachs was the largest recruiter, making 6 offers,
closely followed by Bank of America with 4 offers. This year, the Private Equity, Venture
Capital and Asset Management cohort witnessed close to 42% increase in number of net offers
and Management Consulting cohort witnessed close to 30% increase in number of net offers
vis-à-vis last year. In the consumer goods and general management domain, TAS made the
highest number of offers (including the pre-placement offers) – 6 closely followed by HUL,
Mondelez and Emaar, with 3 offers. In the IT Consulting cohort, Tata Consultancy Services was
the largest recruiter with 4 offers. In the Laterals process, PayTM made the highest number of
offers – 20. PwC (13 offers), American Express (11 offers) and OYO (10 offers) were the other
top recruiters in the Laterals process.

Student-Recruiter fit

Sowmya Sreenidhi R, the Recruitment Secretary at IIM Ahmedabad said, “The Lateral and Final
Placements of 2022 was concluded successfully on 14th February 2022 despite starting amongst
the turmoil due to omicron. As always, the placement process was driven by the objective of
achieving the best student-career fit. There was an increase in the dream options within, and
across clusters, the option to hold & upgrade Pre-Placement offers, and Lateral Placement offers
were provided to the PGP batch. Apart from increased recruitment from regular recruiters, we
had an array of new recruiters who were onboarded. We saw a record number of offers from the
Lateral placements, with several offer upgrades, which stood as proof that 100% placement is
not the primary focus of the IIMA Placement Process. Similar to the last three placement cycles,
we had a smooth and seamless virtual hiring process, aided by improved technology for the
students and recruiters. We successfully completed the Final Placements process well on time
and maximised the student-recruiter fit objective with over 150 students upgrading their offers
during the entire process and 35 dream applications during the cluster process alone.”
Regular recruiters were also impressed by the way the transition to a virtual process was
managed. Mario Gonsalves, Managing Director and Partner, Boston Consulting Group said
“IIM-A has always been a preferred partner for talent needs at BCG and this year we have taken
this partnership to even greater heights. Recruitment process at IIM-A has always been
extremely smooth & efficient and even in the Covid era the IIMA team has been running an
excellent virtual process. We are, once again, elated to be the recruiter of choice for IIM-A. I
would like to congratulate the IIM-A team & our internal team and hope to grow this relationship
further. We eagerly await to welcome the soon-to-be IIM-A alums to BCG.”

Vipul Kondan, Associate Director of Research, ARGA Investments said “ARGA Investment
Management LP continuously seeks to enhance its rich global team by adding the high-end talent
across the world. With strong credentials, IIMA was a preferred campus. The entire process was
seamless and well managed. Look forward to a continued enriching partnership with IIMA.”

IPRS Report

Further details about the placement process will be released in an audited report, as per the
Indian Placement Reporting Standards (IPRS), introduced by IIMA in an effort to bring about
greater transparency in B-school placements across the country. The IPRS report for ‘Final
Placements 2022’ will be released 6 months from the date of completion of the process, and
the link to the report will be shared with all stakeholders, once released.