Amazon turns top recruiter at IIM-Ahmedabad, Goldman Sachs tops amongst global banks

15/03/2017

Amazon turns top recruiter at IIM-Ahmedabad, Goldman Sachs tops amongst global banks

The Financial Express

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E-commerce major Amazon emerged as the top recruiter making 18 offers to final-year post-graduate students at the Indian Institute of Management, Ahmedabad (IIM-A), during the recently concluded placement process. The institute has, according to an official communiqué, released an unaudited report for the moment. 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 sometime soon.

According to the release, over 100 firms took part in the final round of placements. Sector-wise, consulting firms such as Accenture Strategy, Bain & Company, McKinsey & Company and The Boston Consulting Group made the highest number of offers. McKinsey & Company emerged the second-largest recruiter making 15 offers.

Among global banks, Goldman Sachs was the largest recruiter, picking nine students. In sales and marketing, Hindustan Unilever made seven offers followed by Procter & Gamble, SC Johnson and Samsung, with six offers each. TAS was the largest recruiter in the general management sector making 10 offers. From the consumer tech cohort, Sprinklr made nine offers.

Firms from different sectors and geographies participated in the process. Recruiters in the management and niche consulting domain included Accenture Strategy, AT Kearney, Bain & Co, McKinsey & Co and Oliver Wyman.

Prominent recruiters in the investment banking and markets space include Citibank, Credit Suisse, Deutsche Bank, Goldman Sachs, JP Morgan, Kotak IB and Standard Chartered.

Among the banking, financial services & insurance recruiters, American Express, FinIQ, Fullerton and RBL extended offers. Sales and marketing roles were offered by regular recruiters like Airtel, Asian Paints, HUL, ITC, Nestle, P&G and Reckitt Benckiser, among others.

The general management cohort saw participation from Aditya Birla Group, Tata Administrative Services, CK Birla and M&M. The enterprise and consumer tech cohorts saw participation from firms like MobiKwik and Rivigo. Twenty firms from other sectors extended 50 offers. A number of first-time recruiters, including Pioneering Ventures, PepsiCo, Flourish Foods and Tilvila, also took part in the process.

IIMA