Collegedunia Team Content Curator
Content Curator
IIM Ahmedabad Placements 2024 was conducted in two phases with the first level for students with prior work experience.
New Delhi: IIM Ahmedabad has concluded the final placements for PGP Batch of 2024 on February 12, 2024. Accenture was the biggest recruiter with 26 Offers made. Followed by it is Boston Consulting Group with 23 offers.
According to the IIMA official statement, there were 163 dream applications made this year. This saw an increase of 54 percent against last year.
The IIMA Placement 2024 was conducted in two stages. The first was the lateral process, where firms interviewed students with prior work experience and offered them mid-level managerial positions. 28 firms participated from diverse sectors such as technology, banking, finance, consulting, analytics, etc.
In the second stage (finals) of the process, firms were grouped into cohorts based on their core business, and groups of cohorts were invited to campus across different clusters.
Prof Ankur Sinha, Chairperson of the Placement Committee at IIM Ahmedabad, said, “Despite a challenging job market this year, IIM A witnessed significant recruiter engagement during the placement season. This year, we observed not only an increase in the number of participating companies but also a greater diversity in the job roles offered. Completing the placement process in just three cluster days underscores the excellence of our educational offerings and the effectiveness of our cluster-cohort placement system for both companies and students. This year’s placements reflect that the demand for top-tier talent continues to rise, regardless of the economic environment. While there was a decline in management consulting offers, niche consulting offers increased significantly. We also saw increase in hiring by conglomerates and domestic firms.”
Pratyush Adhikary, the Recruitment Secretary at IIM Ahmedabad, said, “In our endeavour of ensuring student recruiter fit, like every year, students were once again free to exercise their dream and hold options, allowing both recruiters and students to find their match. Multiple dream options including across and within clusters, options to hold and upgrade pre-placement offers and lateral placement offers were provided to the PGP 2024 batch. Thanks to this, in a year wherein there were fears of opportunities drying up, we saw an increase not only in terms of recruiters but also in the kinds of roles being offered, and in all the three clusters, newer recruiters made their presence felt by recruiting in good numbers”.
Akarsh Shrivastava, Principal at Elevation Capital said “At Elevation Capital, we have been consistently recruiting from global top tier ivy league universities, and as we sought to expand the program, IIMA was an obvious first port of call. We were impressed by the incredible quality and maturity of the students.”
Mohit Agarwal, Senior Partner at Simon Kucher, said, “Participating in the IIM Ahmedabad Final Placements of 2024 has been, yet again, a rewarding experience for Simon Kucher. The professionalism and efficiency of the placement committee have greatly helped our recruitment process, allowing us to discover and onboard some of the most talented and dynamic individuals for our consultant positions.”
Who were the Top Recruiters at IIM Ahmedabad Placement 2024?
As per the report released by the institute, among the investment banks, Goldman Sachs was the largest recruiter, making 9 offers, closely followed by JP Morgan with 5 offers.
In the general management cohort, Adani recruited the most number of people with 10 Offers. This was followed by Essar Group with 6 offers.
Tata Consultancy Services was a prominent recruiter with consulting roles with 17 offers, followed by PwC with 9 offers. In the Laterals process, FinIQ made the highest number of offers – 11, closely followed by Navi – 9 offers. Other notable offers were HUL – 6 (all PPOs), Microsoft in Laterals – 6 offers, and Praxis Consulting – 7 offers.
What were the New Recruiters in the IIM Ahmedabad Placement 2024?
Twenty-three new companies participated in the IIM Ahmedabad Placement Process 2024. Abhinandan Lodha, Bluestone, Crompton Greaves, DE Shaw, Diageo, Elevation Capital, GDi Partners, HDFC ERGO, India Sotheby’s International Realty, Javis and Jindal Shadeed were some of the noteworthy companies.
Placement Statistics for IIM Ahmedabad PGP Placement 2024
The IIM Ahmedabad PGP Placement 2024 witnessed companies from different sectors and locations. The details of the various sectors and companies who made offers have been listed below:
Recruiters in the consulting domain included Arthur D. Little, Boston Consulting Group, Kearney, KPMG, McKinsey & Company, Monitor Deloitte, Oliver Wyman, Praxis Global Alliance, PwC and Strategy and Middle East, among others.
Prominent recruiters in the Investment Banking and Markets and Private Equity, Venture Capital, and Asset Management space included Arpwood Capital, ARGA Investment, Avendus Capital, Barclays, DE Shaw, Elevation Capital, Goldman Sachs, HSBC, Premji Invest, among others.
Consumer goods, consumer services, consumer tech, and consumer electronics cohorts’ firms that made offers were Bluestone, Diageo, Hindustan Coca-Cola Beverages, Loreal, Nestle, Phillip Morris International, United Breweries, and Wipro Consumer Care, among others.
The Conglomerate and Retail B2B & B2C cohorts saw participation like Abhinandan Lodha Groups, Adani Group, Aditya Birla Group, CK Birla Group, Essar, Jindal Shadeed and Tata Administrative Services.
Some prominent recruiters in Enterprise Tech that gave offers were Cisco, HCL Tech, Javis, Microsoft, Media.Net and Newgen Software Technologies Ltd, etc. Firms participating in the Laterals process included Amazon, BrowserStack, Cisco, Coforge, Crompton Greaves, Edra Labs, EXL Service, FinIQ, Lodha Group, Livspace, Microsoft, Myntra, Navi, Piramal, PH Values and Wipro, among others.
IIM Ahmedabad Previous Year Placement Trends
| Particulars | Placements Statistics (2023) | Placements Statistics (2022) |
|---|---|---|
| Total Recruiters | 188 | 190 |
| Total Placement Offers | 280 | 382 |
| Highest Package | INR 1.15 CPA | INR 61.48 LPA |
| Average Package | INR 34.36 LPA | INR 32.79 LPA |
| International Offers | 8 | 7 |
| Top Recruiters | Emaar, A91 Partners, BCG, PwC, KPMG, HSBC | BCG, Accenture, Goldman Sachs, TCS |
Latest IIM Ahmedabad Updates:
Subscribe to Collegedunia to get the latest educational news and updates –
%20(1).png?h=127&w=254&mode=stretch)
.png?h=127&w=254&mode=stretch)
%20(2).png?h=127&w=254&mode=stretch)
.png?h=127&w=254&mode=stretch)
.png?h=127&w=254&mode=stretch)
%20(6).png?h=40&w=40&mode=stretch)
.png?h=40&w=40&mode=stretch)
Comments