Among investment banks, Goldman Sachs led with nine offers, followed by JP Morgan with five. In the general management domain, Adani made the highest number of offers at 10, followed by Essar Group with six offers, the institute said in a statement on Thursday.
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The latest placement season marked a 15% decline in the number of offers by management consulting firms, while niche consulting posted a sharp increase. Roles offered by conglomerates also rose by 13%. Tata Consultancy Services was a prominent recruiter with 17 offers for consulting roles, followed by PwC with nine offers.
Firms from multiple domains participated across the three clusters in final placements at the institute, with all the students getting placed across 30 cohorts.
The placement process was conducted in two stages. The first was the Laterals process, for students with prior work experience. A total of 28 firms participated from sectors such as technology, banking, finance, consulting, and analytics. In the final stage, firms were grouped into cohorts based on their core businesses, and groups of cohorts were invited to campus across different clusters.
Firms across sectors and regions participated in the placement process at IIM Ahmedabad through Laterals, finals, and pre-placement offers (PPOs). This year, there were 23 new recruiters including Abhinandan Lodha, Bluestone, Crompton Greaves, DE Shaw, Diageo, Elevation Capital, GDi Partners, HDFC Ergo, India Sotheby’s International Realty, Javis and Jindal Shadeed.Prof. Ankur Sinha, chairperson of the placement committee at IIM Ahmedabad, said, “Despite a challenging job market this year, IIMA 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. While there was a decline in management consulting offers, niche consulting offers increased significantly. We also saw an increase in hiring by conglomerates and domestic firms.”In the Laterals process, FinIQ made the highest number of offers at 11, closely followed by Navi with 9 offers. Other notable firms were HUL with six offers (all PPOs), Microsoft in Laterals (six offers) and Praxis Consulting with seven offers.