Amazon becomes leading recruiter at IIM-A institute's final placement round by offering 18 jobs to graduates

Amazon has become a top recruiter by offering 18 job offers to final-year post-graduate management students of Indian Institute Management, Ahmedabad (IIM-A) in 2017.

The report citing the unaudited report of the IIM-A institute, said a little more than 100 firms took part in the final round of placements at the institute. Representational Image. Image Source: Official Website

Highlights:

1. Amazon has become a top recruiter by offering 18 job offers to final-year post-graduate management students of Indian Institute Management- Ahmedabad (IIM-A)

2. In terms of sector-wise placement, consulting firms like Accenture Strategy, Bain & Company, McKinsey & Company and The Boston Consulting Group, made the highest number of offers this year

3. Among global banks, Goldman Sachs was the largest recruiter, picking nine students while in sales and marketing sector Hindustan Unilever made seven offers followed by Procter & Gamble, SC Johnson and Samsung, with six offers each

The US-based e-commerce firm Amazon has become a top recruiter by offering 18 job offers to final-year post-graduate management students of Indian Institute Management-Ahmedabad (IIM-A) in its recently concluded placement process, the Business Standard reported.

The report citing the unaudited report of the IIM-A institute, said a little more than 100 firms took part in the final round of placements at the institute.

Following Amazon, McKinsey & Company made 15 offers at the institute this year.

In terms of sector-wise placement, consulting firms like Accenture Strategy, Bain & Company, McKinsey & Company and The Boston Consulting Group, made the highest number of offers.

An audited report according to the Indian Placement Reporting Standards (IPRS), which IIM-A introduced to bring greater transparency to B-school placements, would be released soon, it said.

During the final round of placement at IIM-A institute, among global banks Goldman Sachs was the largest recruiter, picking nine students while in sales and marketing sector Hindustan Unilever made seven offers followed by Procter & Gamble, SC Johnson and Samsung, with six offers each.

In the general management sector, TAS was the largest recruiter which made 10 offers to IIM-A students this year.

From the consumer tech cohort, Sprinklr made nine offers, cited the report.

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According to the news report, 20 firms from other sectors such as fast-moving consumer goods (FMCG), agricultural inputs, bank, financial services and insurance, food production and plantation extended 50 offers. Of these, Godrej and TGI were recruiters, hiring eight and four students each.

First time recruiters at the institute included names like Pioneering Ventures, PepsiCo, Flourish Foods and Tilvila, among others.

The IIM-A institute's final round of placement process was conducted in two stages this year. The first was the laterals, where firms interviewed students with prior work experience and offered them mid-level managerial positions. In this, about 30 firms hired from diverse sectors such as technology, consulting, pharmaceuticals 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 the campus across different clusters. Firms from multiple domains participated across the three clusters in the final placements, with students being placed across more than 10 cohorts.

Offering students flexibility and choice to build careers in sectors of their preference, IIM-A continued to provide this year the facility of making “dream” applications to firms of their choice in a subsequent cluster even with an offer in hand. This year, 110 such “dream” applications being made in this way.

According to Asha Kaul, chairperson, placements committee, IIM-A institute, there were more than 40 new recruiters this year.

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