Careers and Placements
Placement Process
Summer Placements
Summer Internship is an important and integral part of the academic curriculum at IIMA. The first year consists of three terms that stress on academic rigour and the development of technical skills. The summer internship that follows lasts for 8-9 weeks and tests the students thoroughly on this learning. Through summer internships, students get an opportunity to achieve wide industry exposure and engage in meaningful work experiences. Students are encouraged to take up management roles across sectors such as FMCG, Agricultural Inputs, Agri-Banking, Agri-Consulting, Renewable Energy, Food & Agribusiness Advisory in varied functions like Strategy, Marketing, Commodity Trading, Sales and Distribution, Supply Chain Management, procurement, and Research & Advisory. Students are also able to land Pre-Placement Offers (PPOs) if they demonstrate commendable performance during their internships.
The objective of the summer internship process is multi-fold. It helps the students:
- Gain first-hand experience in a particular industry with ample opportunity to innovate, add to and challenge ideas and techniques imbibed in the first year.
- Be more receptive to market needs
- Decide their area of specialization in the second year.
The summer internship also has an academic component: student interns prepare a report on the summer assignment and present it to the organization. They are also required to share their learnings with the Institute. The requirement of making a formal presentation about the project to the company ensures that sufficient rigour and discipline are brought in to this exercise.
The Institute has enjoyed extensive corporate support for summer interns with the result that summer projects have been diverse, challenging, and intense learning experiences. Increasingly, a number of international companies have seen the value of this exercise and have collaborated with the Institute. Also, each company gets a chance to evaluate the interns over a long period in a real business situation and make pre-placement offers based on this evaluation. A number of companies have used these internships as a key source for full-time hires.
Final Placements
The final placements are given high importance by all the participants. It is a time when recruiters hire the graduates for permanent positions in their organisations. Final placements generally begin in Jan-Feb each year for the outgoing batch.
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Submission of Resumes |
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Shortlisting |
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Preprocesses & Interviews |
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Lateral Placements
The objective of lateral placements is to place students with extensive work experience at levels commensurate with their relevant experience. Typically, nearly half the graduating class has work experience of more than 18 months and a separate lateral placement period outside of the regular placement week has been designated for the placement of these candidates.
The lateral placement period extends over the month of January. Companies can schedule interviews for lateral entry candidates during this period.
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Lateral Placement |
December |
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February |
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Shortlisting |
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Preprocesses & Interviews |
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Encouraging Entrepreneurship
IIMA also encourages its students to take up Entrepreneurship as a career. This is reflected in the kind of electives offered in the second year as well as the help provided to budding entrepreneurs. There is an in-house incubation centre that hosts several startups. Currently, students are allowed two year entre leave to try out their ventures. Should it run into rough weather, they can come back and participate in the Institute placements through the "Placement Holiday" program.
Final Placement Process SOP
PROCESS MODE
Keeping in mind the current situation, IIMA Final Recruitment process in March 2021 will be conducted in a virtual mode. This has been decided considering the risks involved in the travel, and the overall safety of the recruiters, students and the IIMA community when the placements happen on campus.
Students will be participating in the process virtually from their preferred locations. Some students have arrived on campus due to connectivity issues at their homes. However, the classes continue to happen virtually due to government guidelines of not conducting in-person classes. On similar lines, the students will be attending the recruitment process from their respective locations – homes or dorm rooms.
The Placement Committee will be managing the whole process from campus. The students have been asked to ensure adequate infrastructure at their end (which is in place as they are currently attending 4-5 hours online classes already). Recruiters are also advised to ensure good connectivity for the panel members at their end as well to make the process a success.
PLATFORM FOR THE PROCESS
Keeping in mind the features and comfort of large number of recruiters and students, Zoom is chosen as the official platform for conducting the virtual recruitment process. Zoom is also IIMA’s official platform partner for other education and administrative activities and thereby supported by the technical team. IIMA has a strong safety agreement with the central Zoom team and engineering support for the recruitment days.
We will be replicating the existing recruitment process exactly as in normal years in the Zoom platform with the help of the breakout rooms feature. Out of multiple platforms available in the market, Zoom has the highest number of features required for the movement of the candidates, offer communication, control of the process by the Placement Committee to facilitate the smooth flow of the process.
SOP FOR THE DAY
1. The recruiter team’s POC will be given (over email) a unique Zoom Meeting Link by the IIMA Placement Committee.
2. Only company personnel, one Placement Coordinator managing the meeting, and one IIMA student volunteer will be present in the Zoom meeting.
3. The number of panels for the company will be pre-decided before the process day, and equivalent breakout rooms will be created in the meeting link. 1 interview panel room = 1 Zoom breakout room.
4. The “host” control of the Zoom Meeting will be with the Placement Coordinator assigned to the firm for the day, and s/he will be the process day in-charge for all queries by the recruiter.
5. One student volunteer will be the “co-host” of the meeting. The student volunteer will assist the process and ensure that unnecessary personnel does not enter the meeting. S/he will manage the entry and exit of the students into the main meeting.
6. Students will be joining the Zoom Meeting link based on their scheduling, and they will be added to the relevant interview panel (Breakout room) by the Placement Coordinator.
7. Once the student joins the breakout room, the recruiter will undertake the interview process. The result of the interview (offer status) will be officially communicated by the Placement Coordinator in-charge to the student after the interview.
8. The Placement Coordinator will be in constant coordination with the firm PoC/HR for breakout room allocation, results of the students, and other communications over the main zoom meeting window.
ZOOM PLATFORM REQUIREMENTS
Recruiters are advised to join the virtual recruitment process using their desktops/laptops (preferred) or tablets for better stability. We also request the company personnel to use the Zoom application (installed on the laptops or tablets) for joining the meeting link.
In case the interview panellists have not used Zoom before, we request them to test their system for requirements using this test meeting link: https://zoom.us/test
NOTE: Breakout Room allocation does not work on Zoom web logins, currently. Zoom application installed is a prerequisite for entering breakout rooms and conducting interviews.
SYSTEM & COMPLIANCE SUPPORT FROM IIMA
1. IIMA IT and Networks team will assist with the recruiter’s IT compliances and security concerns, if any, for installing the Zoom platform and running the process.
2. One week before the process dates (February 22-28), IIMA Placement Committee will help the recruiters to conduct dry runs of the process if the recruiter wishes to do so.
IIMA Placement Committee will be happy to address the recruiter’s queries & clarifications anytime. We are looking forward to having a smooth & efficient recruitment process with the help of your support!
Placement Reports
IPRS
View allThe Indian Placement Reporting Standards (IPRS) is an effort towards standardizing B-school placement reports. This initiative taken by IIM Ahmedabad and contributions made by the various stakeholders like media, recruiters and other B-schools have resulted in designing a comprehensive Placement Reporting Standard. The standards designed not only assure the privacy of the individual level data or information but also specify the format for reporting aggregate statistics which would satisfy the information needs of the different stakeholders.
Why IPRS
The necessity for such an initiative was felt as applicants gather recruitment information using the placement reports and rankings put forward by different B-schools, media and ranking agencies. Individual B-school have different formats of placement reports. The lack of standardization and clarity may lead to the misinterpretation of the data and lead to wrong decision making. Therefore there was a need for such standards to be introduced so as to make the data on the placement reports more comparable and reliable.
View All IPRS reports here: iima.ac.in/iprs/placement-reports
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