Final placements begin at IIM-A on Cohort Based system

AHMEDABAD: Final placements at the premier B-School, Indian Institute of Management, Ahmedabad (IIM-A) got underway on Saturday with investment banks returning back to campus, after a lull of one year in the wake of global downturn.

The placements at IIM-A this year are being done on newly introduced "Cohort Based system", and in the new process companies that offer similar roles, profiles, salaries, locations etc. are grouped into individual cohorts.

The first cluster (group of cohorts) here had companies across four cohorts- international investment banks, global strategy consulting, global niche consulting and private equity/ venture capital, it added.

"This year several investment banks such as Bank of America-Merrill Lynch came back on campus for recruitment after skipping the process last year," an official statement said.

Boston Consulting Group offered eight roles to candidates including the pre-placement offers, and said "We were happy with this new process."

Another regular recruiter at IIM-A, McKinsey & Co also made eight offers to the second year Post Graduate Programme (PGP) students, an official statement said.

A batch of 290 candidates from IIM-A are scheduled to be placed this year.