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Rediff.com  » Business » IIM-A sees rise in global offers

IIM-A sees rise in global offers

March 25, 2011 11:01 IST
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Riding on a rising number of offers from investment banks, global strategy consulting and private equity firms, the final placements season at the Indian Institute of Management, Ahmedabad, has seen more international offers for its flagship post graduate programme this year than earlier.

Not only did investment banks offer roles across geographies, but consulting firms also made more international offers this year. Oliver Wyman, Analysys Mason and Heidrick & Struggles were some of the consulting firms which made international offers this year, spanning New York, Dubai and Singapore.

Amongst the marketing firms, HUL and P&G offered roles in Singapore.

Cadbury Kraft and Dabur made international offers as well.

Similarly, roles with international exposure were also offered to four post graduate programme in agribusiness management students in countries such as Brazil, Ethiopia and Zambia.

Offers were made by Indian companies expanding into foreign territories.

About 120 firms participated in lateral and final placements, excluding those that only extended pre-placement offers through the internship process, for a batch of 314 students.

This year marked an increase in the number of the investment banks for the final recruitment process.

While Goldman Sachs, Nomura, and Royal Bank of Scotland were among the major recruiters to extend offers through the PPO route, Citi, Merrill Lynch and HSBC also participated in the finals process.

Among top recruiters at the campus were BCG (11 offers including PPO) and EXL (11 offers) this year, followed by McKinsey and P&G, which made 10 offers each (including PPO).

Indian conglomerate Reliance Industries made eight offers in general management roles, while amongst Indian banks, Yes Bank made eight offers to students.

Firms participated in the recruitment process across a variety of cohorts, namely global and Indian investment banks, strategy consulting, corporate leadership program, global FMCG operations, and IT services.

This year, seven students (two per cent of the batch) opted out of the placement process to become entrepreneurs.

Additionally, three students used the final placement process to join Ingersoll Rand's two-year entrepreneurship development programme.

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