IIM Ahmadabad Reports Changing Trend In Placements

IIM-A – Indian Institute of Management, Ahmadabad hosted cluster 2 of its cohort based placement process on February 17, 2012. The final placements of IIM-A witnessed a changing trend this year with students opting for not-so-cliche profiles instead of regular finance profiles.

Sources from IIM-A Placement cell revealed that this year the institute invited more domestic recruiters in major sectors such as Energy, FMCG and Consulting to the campus. Earlier, the students preferred job offers with international postings due to the hefty pay packages but since last 1 year students are opting for domestic offers as well due to the lucrative job offers available at the domestic front.

The institute has already placed over 180 students successfully this year. However, less financial institutions visited the campus for final placements this year. The institute hosted 5 cohorts in its 2nd cluster which consisted of Business development, FMCG marketing, Financial services, general management and technology consulting. Social gaming company, Zynga based in San Francisco visited the campus for its first time to extend the offers to its students. Over 20 job offers were extended to the students by a major Technology Company, IBM.

However, only 3 global investment banks namely, JP Mprgan, Credit suisse and HSBC took part in the cluster 2 of cohort-based final placement process at IIMA. These companies extended only 10 offers at the institute. Till 2011, finance sector dominated the campus by extending maximum number of offers to the institute. The finance sector made 94 job offers to the IIM-A students in 2011.

The institute's decision to approach more number of domestic recruiters this time has worked wonders for IIM-A as consulting and the first-time visiting companies emerged as major recruiters in the cluster 2 of IIM-A final placement process.

Source : TOI