Comments
Internet and e-commerce start-ups made a beeline for the Indian Institute of Management (IIM-A) to participate in the summer placements programme.
The institute said e-commerce players CarDekho, Flipkart, Ola Cabs, OYO Rooms, Rocket Internet, Snapdeal and Xiaomi besides Amazon, and Microsoft from the internet and technology space made offers to students from the 2017-Class of the Post Graduate Programme (PGP) in Management at IIM Ahmedabad.
At the end of the summer placement process spread over three clusters, students got offers from over 110 firms having operations across 11 sectors. About 80 Dream applications were made this year, where students got the flexibility to choose and build their careers in the sectors of their preference.
This year, 17 students opted out of the summer placement process to work on their own ventures under the mentorship of the Centre for Innovation, Incubation and Entrepreneurship (CIIE), IIM Ahmedabad.
In the technology sector, Amazon was the largest recruiter having extended 18 offers to students for roles in marketing, operations, product marketing and product management. Flipkart and Snapdeal made 10 and six offers respectively.
The highest offer was made by consulting major Boston Consulting Group. It extended a total of 19 offers.
The Summer Placement for 2017 batch of PGP-FABM (Post-Graduate Programme in Food & Agribusiness Management) with 46 students was completed on the first day with 30 companies participating in the process. Four students opted out of the placement process to pursue their own business idea.
Regulars too were there
While some of the regular recruiters like ABT Foods, Godrej Agrovet,Monsanto, Nestle, Rabo Bank, Syngenta and Tafe offered roles to students, several new recruiters like ADM, ConAgra Foods, Dow, Future Group, General Mills, Hector Beverages, Proctor & Gamble were also present.
Satish Deodhar, Chairperson of Placement Committee, IIM Ahmedabad, said, "Change of programme name and curriculum this year from ABM to FABM was overdue as it underlined the focus, industry and IIM-A's attach to agriculture in general, and food business in particular. And it showed when about 11 new global food firms visited the campus this time around."
Investment bank Goldman Sachs made 11 offers, while FMCG majors HUL and Johnson & Johnson made 6 offers each in the sales and marketing domain. Indian multinational Aditya Birla Group made 17 offers followed by Tata Administrative Services and Mahindra & Mahindra with 8 offers each.
Other prominent recruiters included Accenture Strategy, Alvarez & Marsal, A.T. Kearney, Bain & Co., McKinsey & Co., Monitor Deloitte, Parthenon, Roland Berger, Strategy&, The Boston Consulting Group beside, investment banking leaders Bank of America, Merrill Lynch, Citibank, Credit Suisse, HSBC, JPMorgan Chase & Co., Morgan Stanley, Standard Chartered and UBS.
Among the Banking, Financial Services & Insurance recruiters, American Express, Axis Bank, Edelweiss, JM Financial, Reliance Anil Dhirubhai Ambani Group and Yes Bank extended offers.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.