IIMA’s Summer Internship Recruitment Process 2021-22 for the PGP program of IIM Ahmedabad began on the 16th November 2021

Ahmedabad: The first cluster of the Summer Placement process for the PGP class of 2023 was held today
at the Indian Institute of Management, Ahmedabad. The firms that participated in Cluster 1
comprised of five cohorts – investment banking & markets, management consulting, niche
consulting, cards and financial advisory and private equity, venture capital & asset
management.
Due to the ongoing pandemic, we are conducting the entire placement process virtually this
year. As participating companies will not be physically visiting the campus, we implemented
some digital initiatives that helped us carry out the process with utmost transparency.
We saw a large pool of recruiters with about 50 firms participating in the process. The Boston
Consulting Group was the top recruiter with 26 offers, followed by Kearney with 24 offers.
Other prominent recruiters in the consulting domain included regular recruiters such as
Alvarez & Marsal, Arthur D Little, Auctus Advisors, Bain & Company, Ernst & Young, GEP
Consulting, McKinsey & Company, Pricewaterhouse Coopers and Strategy&. Prominent
recruiters in the Investment Banking and Markets space included Avendus Capital, Bank of
America, Citibank, Credit Suisse, Estee Advisors, Goldman Sachs, JPMorgan Chase, HSBC,
Morgan Stanley and Nomura (India & Singapore). Goldman Sachs was the largest recruiter
in Investment Banking and Markets cohort with 9 offers. In the PE and VC domain, we saw
participation of firms like Blackstone, Edelweiss, Gaja Capital, Iroha, Jupiter Capital, True
North, Venture Highway, Xander and White Oak. Xander was the largest recruiter in the
PE/VC and Asset Management cohort with 4 offers whereas American Express with 13
offers, rolled out the maximum number of offers in the cards and financial advisory cohort.
As stated earlier, Clusters 2 and 3 will be held on 19th November and 22nd November
respectively.