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<p style="text-align:justify"><span style="font-size:12pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000"><em>In 2023, IIM Ahmedabad achieved remarkable success in its final placements, registering an impressive average and highest salary package. Major companies have participated in this process and various job opportunities have been provided to the students in different sectors.</em></span></span></span></p> <p style="text-align:justify"><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#0e101a"><strong>IIM Ahmedabad Placements 2023: </strong></span></span></span><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#0e101a">IIM Ahmedabad achieved exceptional results in its 2023 placements, boasting an impressive average salary package of INR 34.3 LPA, with the highest package reaching a record-breaking INR 1.15 CPA. The final placement process for the MBA class of 2023 in the Post Graduate Programme was successfully conducted during the months of January-February in 2023. Although the official website is yet to publish the final placement statistics report, the institute's accomplishments are remarkable. </span></span></span></p> <p style="text-align:justify"><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#0e101a">During the final placements, companies from diverse industries participated, with the recruitment process being divided into three clusters. All students found successful placements across 23 different groups or categories. As per </span></span></span><a href="https://www.iima.ac.in/" style="text-decoration:none"><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#1155cc"><strong><u>IIM Ahmedabad Placement Report 2023</u></strong></span></span></span></a><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#0e101a">, a total of 188 firms participated offering approximately 280 job roles, including Pre-Placement Offers (PPOs). Notably, McKinsey & Company and Boston Consulting Group emerged as significant contributors, making the majority of on-campus job offers within their respective cohorts.</span></span></span></p> <p style="text-align:justify"><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#0e101a">Moving on to the summer placements for the 2022-24 batch at IIM Ahmedabad's Cluster 3, they were completed on November 7. A total of 35 firms participated in these placements, seeking to hire students from diverse sectors such as BFSI, Consumer Technology, EdTech, IT Consulting & Analytics, and others. TCS stood out as the leading recruiter, extending 11 job offers to the students.</span></span></span></p> <p style="text-align:justify"><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000"><strong>Highlights of IIM Ahmedabad Final Placements 2023 </strong></span></span></span></p> <div> <table cellspacing="0" style="border-collapse:collapse; border:none; width:100%"> <tbody> <tr> <td style="border-bottom:1px solid #000000; border-left:1px solid #000000; border-right:1px solid #000000; border-top:1px solid #000000; vertical-align:top; width:252px"> <p style="text-align:center"><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000"><strong>Particulars </strong></span></span></span></p> </td> <td style="border-bottom:1px solid #000000; border-left:1px solid #000000; border-right:1px solid #000000; border-top:1px solid #000000; vertical-align:top; width:365px"> <p style="text-align:center"><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000"><strong>Placement Statistics(2023)</strong></span></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid #000000; border-left:1px solid #000000; border-right:1px solid #000000; border-top:1px solid #000000; vertical-align:top; width:252px"> <p><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000">Highest Package </span></span></span></p> </td> <td style="border-bottom:1px solid #000000; border-left:1px solid #000000; border-right:1px solid #000000; border-top:1px solid #000000; vertical-align:top; width:365px"> <p><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000">1.15 CPA</span></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid #000000; border-left:1px solid #000000; border-right:1px solid #000000; border-top:1px solid #000000; vertical-align:top; width:252px"> <p><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000">Lowest Package </span></span></span></p> </td> <td style="border-bottom:1px solid #000000; border-left:1px solid #000000; border-right:1px solid #000000; border-top:1px solid #000000; vertical-align:top; width:365px"> <p><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000">34.3 LPA</span></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid #000000; border-left:1px solid #000000; border-right:1px solid #000000; border-top:1px solid #000000; vertical-align:top; width:252px"> <p><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000">Total Firms Participated </span></span></span></p> </td> <td style="border-bottom:1px solid #000000; border-left:1px solid #000000; border-right:1px solid #000000; border-top:1px solid #000000; vertical-align:top; width:365px"> <p><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000">188</span></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid #000000; border-left:1px solid #000000; border-right:1px solid #000000; border-top:1px solid #000000; vertical-align:top; width:252px"> <p><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000">Total Offers Made </span></span></span></p> </td> <td style="border-bottom:1px solid #000000; border-left:1px solid #000000; border-right:1px solid #000000; border-top:1px solid #000000; vertical-align:top; width:365px"> <p><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000">280 </span></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid #000000; border-left:1px solid #000000; border-right:1px solid #000000; border-top:1px solid #000000; vertical-align:top; width:252px"> <p><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000">Most Offers By the Company </span></span></span></p> </td> <td style="border-bottom:1px solid #000000; border-left:1px solid #000000; border-right:1px solid #000000; border-top:1px solid #000000; vertical-align:top; width:365px"> <p><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000">McKinsey & Company (34 offers); Boston Consulting Group (33 offers)</span></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid #000000; border-left:1px solid #000000; border-right:1px solid #000000; border-top:1px solid #000000; vertical-align:top; width:252px"> <p><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000">Largest Recruiter Among Investment Banks </span></span></span></p> </td> <td style="border-bottom:1px solid #000000; border-left:1px solid #000000; border-right:1px solid #000000; border-top:1px solid #000000; vertical-align:top; width:365px"> <p><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000">Goldman Sachs (8 offers)</span></span></span></p> <p><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000">followed by o3 Capital with 3 offers</span></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid #000000; border-left:1px solid #000000; border-right:1px solid #000000; border-top:1px solid #000000; vertical-align:top; width:252px"> <p><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000">Types of Recruitment Process and Duration </span></span></span></p> </td> <td style="border-bottom:1px solid #000000; border-left:1px solid #000000; border-right:1px solid #000000; border-top:1px solid #000000; vertical-align:top; width:365px"> <ol> <li style="list-style-type:decimal"><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000">Summer Placement (October-November)</span></span></span></li> <li style="list-style-type:decimal"><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000">Lateral Placement(January- February)</span></span></span></li> <li style="list-style-type:decimal"><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000">Final Placement (February-March)</span></span></span></li> </ol> </td> </tr> <tr> <td style="border-bottom:1px solid #000000; border-left:1px solid #000000; border-right:1px solid #000000; border-top:1px solid #000000; vertical-align:top; width:252px"> <p><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000">Recruitment System </span></span></span></p> </td> <td style="border-bottom:1px solid #000000; border-left:1px solid #000000; border-right:1px solid #000000; border-top:1px solid #000000; vertical-align:top; width:365px"> <p><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000">Cohort Based System (before one or two months from final placements)</span></span></span></p> </td> </tr> </tbody> </table> </div> <p style="text-align:justify"><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000"><strong>Additional Information About the Top Recruiters Regarding Increase in Net Offers</strong></span></span></span></p> <div> <table cellspacing="0" style="border-collapse:collapse; border:none; width:100%"> <tbody> <tr> <td style="border-bottom:1px solid #000000; border-left:1px solid #000000; border-right:1px solid #000000; border-top:1px solid #000000; vertical-align:top; width:330px"> <p style="text-align:center"><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000"><strong>Particulars </strong></span></span></span></p> </td> <td style="border-bottom:1px solid #000000; border-left:1px solid #000000; border-right:1px solid #000000; border-top:1px solid #000000; vertical-align:top; width:270px"> <p style="text-align:center"><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000"><strong>Increase in Net Offers </strong></span></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid #000000; border-left:1px solid #000000; border-right:1px solid #000000; border-top:1px solid #000000; vertical-align:top; width:330px"> <p><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000">Conglomerate Cohort </span></span></span></p> </td> <td style="border-bottom:1px solid #000000; border-left:1px solid #000000; border-right:1px solid #000000; border-top:1px solid #000000; vertical-align:top; width:270px"> <p style="text-align:center"><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000">135%</span></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid #000000; border-left:1px solid #000000; border-right:1px solid #000000; border-top:1px solid #000000; vertical-align:top; width:330px"> <p style="text-align:justify"><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000">Private Equity, VC & Asset Management</span></span></span></p> </td> <td style="border-bottom:1px solid #000000; border-left:1px solid #000000; border-right:1px solid #000000; border-top:1px solid #000000; vertical-align:top; width:270px"> <p style="text-align:center"><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000">19%</span></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid #000000; border-left:1px solid #000000; border-right:1px solid #000000; border-top:1px solid #000000; vertical-align:top; width:330px"> <p><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000">Cards & Financial Advisory</span></span></span></p> </td> <td style="border-bottom:1px solid #000000; border-left:1px solid #000000; border-right:1px solid #000000; border-top:1px solid #000000; vertical-align:top; width:270px"> <p style="text-align:center"><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000">20%</span></span></span></p> </td> </tr> </tbody> </table> </div> <p style="text-align:justify"><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000"><strong>Total Number of Offers Made by the Companies of General Management and IT Consulting Cohort </strong></span></span></span></p> <div> <table cellspacing="0" style="border-collapse:collapse; border:none; width:100%"> <tbody> <tr> <td style="border-bottom:1px solid #000000; border-left:1px solid #000000; border-right:1px solid #000000; border-top:1px solid #000000; vertical-align:top; width:330px"> <p style="text-align:center"><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000"><strong>Particulars </strong></span></span></span></p> </td> <td style="border-bottom:1px solid #000000; border-left:1px solid #000000; border-right:1px solid #000000; border-top:1px solid #000000; vertical-align:top; width:270px"> <p style="text-align:center"><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000"><strong>Highest No. of Offers Made</strong></span></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid #000000; border-left:1px solid #000000; border-right:1px solid #000000; border-top:1px solid #000000; vertical-align:top; width:330px"> <p style="text-align:justify"><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000">Adani </span></span></span></p> </td> <td style="border-bottom:1px solid #000000; border-left:1px solid #000000; border-right:1px solid #000000; border-top:1px solid #000000; vertical-align:top; width:270px"> <p style="text-align:center"><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000">10 offers (including pre-placement)</span></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid #000000; border-left:1px solid #000000; border-right:1px solid #000000; border-top:1px solid #000000; vertical-align:top; width:330px"> <p style="text-align:justify"><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000">Essar Group </span></span></span></p> </td> <td style="border-bottom:1px solid #000000; border-left:1px solid #000000; border-right:1px solid #000000; border-top:1px solid #000000; vertical-align:top; width:270px"> <p style="text-align:center"><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000">8 offers</span></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid #000000; border-left:1px solid #000000; border-right:1px solid #000000; border-top:1px solid #000000; vertical-align:top; width:330px"> <p><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000">TCS </span></span></span></p> </td> <td style="border-bottom:1px solid #000000; border-left:1px solid #000000; border-right:1px solid #000000; border-top:1px solid #000000; vertical-align:top; width:270px"> <p style="text-align:center"><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000">10 offers (including PPO)</span></span></span></p> </td> </tr> </tbody> </table> </div> <p style="text-align:justify"><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000"><strong>Highest Number of Offers Made by the Companies During Lateral Process </strong></span></span></span></p> <div> <table cellspacing="0" style="border-collapse:collapse; border:none; width:100%"> <tbody> <tr> <td style="border-bottom:1px solid #000000; border-left:1px solid #000000; border-right:1px solid #000000; border-top:1px solid #000000; vertical-align:top; width:330px"> <p style="text-align:center"><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000"><strong>Particulars </strong></span></span></span></p> </td> <td style="border-bottom:1px solid #000000; border-left:1px solid #000000; border-right:1px solid #000000; border-top:1px solid #000000; vertical-align:top; width:270px"> <p style="text-align:center"><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000"><strong>Highest No. of Offers Made</strong></span></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid #000000; border-left:1px solid #000000; border-right:1px solid #000000; border-top:1px solid #000000; vertical-align:top; width:330px"> <p><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000">PwC </span></span></span></p> </td> <td style="border-bottom:1px solid #000000; border-left:1px solid #000000; border-right:1px solid #000000; border-top:1px solid #000000; vertical-align:top; width:270px"> <p style="text-align:center"><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000">13 offers</span></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid #000000; border-left:1px solid #000000; border-right:1px solid #000000; border-top:1px solid #000000; vertical-align:top; width:330px"> <p style="text-align:justify"><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000">FinIQ</span></span></span></p> </td> <td style="border-bottom:1px solid #000000; border-left:1px solid #000000; border-right:1px solid #000000; border-top:1px solid #000000; vertical-align:top; width:270px"> <p style="text-align:center"><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000">10 offers</span></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid #000000; border-left:1px solid #000000; border-right:1px solid #000000; border-top:1px solid #000000; vertical-align:top; width:330px"> <p><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000">American Express</span></span></span></p> </td> <td style="border-bottom:1px solid #000000; border-left:1px solid #000000; border-right:1px solid #000000; border-top:1px solid #000000; vertical-align:top; width:270px"> <p style="text-align:center"><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000">6 offers </span></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid #000000; border-left:1px solid #000000; border-right:1px solid #000000; border-top:1px solid #000000; vertical-align:top; width:330px"> <p><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000">Angel One</span></span></span></p> </td> <td style="border-bottom:1px solid #000000; border-left:1px solid #000000; border-right:1px solid #000000; border-top:1px solid #000000; vertical-align:top; width:270px"> <p style="text-align:center"><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000">6 offers</span></span></span></p> </td> </tr> </tbody> </table> </div> <p style="text-align:justify"><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000">Furthermore, the placement process in 2023 at IIM Ahmedabad was conducted in two stages. These two stages are explained as given below: </span></span></span></p> <ol> <li style="list-style-type:decimal"><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000"><strong>Summer Placements: </strong></span></span></span><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000">These were conducted from October to November for the first-year students to undergo internships and gain industrial experience.</span></span></span></li> <li style="list-style-type:decimal"><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000"><strong>Lateral Placement: </strong></span></span></span><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000">This stage involved recruiters interviewing students who had prior work experience. It was mostly conducted one or two months before the final placement, from January to February.</span></span></span></li> <li style="list-style-type:decimal"><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000"><strong>Final Placement:</strong></span></span></span><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000"> This was the second stage, where companies were mainly grouped into cohorts including general management, IT consulting, Asset Management, and more. During this placement, a maximum of the students were recruited. </span></span></span></li> </ol> <p style="text-align:justify"><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000"><strong>Final Placement Process in Detail </strong></span></span></span></p> <p style="text-align:justify"><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000">The Final Placement Process at </span></span></span><a href="https://www.guidemecareer.com/colleges-detail/indian-institute-of-management-iim-ahmedabad" style="text-decoration:none"><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#1155cc"><strong><u>IIM Ahmedabad</u></strong></span></span></span></a><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000"> happened in several stages, each contributing to the successful placement of the MBA Class of 2023. The process was designed to ensure that all students found suitable job placements based on their skills, interests, and career aspirations.</span></span></span></p> <p style="text-align:justify"><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000"><strong>Stage 1: Laterals Process</strong></span></span></span></p> <p style="text-align:justify"><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000">The first stage of the placement process was the Laterals process. During this phase, firms interviewed students with prior work experience and offered them mid-level managerial positions. A total of 36 firms participated in this stage, representing diverse sectors such as technology, banking, finance, consulting, analytics, and more. </span></span></span></p> <p style="text-align:justify"><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000"><strong>Stage 2: Finals</strong></span></span></span></p> <p style="text-align:justify"><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000">In the second stage, known as the Finals, the firms were further divided into cohorts based on their core business areas. Groups of cohorts were then invited to the campus across different clusters to conduct the placement process.</span></span></span></p> <p style="text-align:justify"><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000">The Final Job Offers were extended to the selected candidates after a rigorous interview process. These offers included details about the job positions, salary packages, and other benefits, enabling the students to embark on their professional journeys with confidence.</span></span></span></p> <p style="text-align:justify"><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000"><strong>About Indian Institute of Management, Ahmedabad </strong></span></span></span></p> <p style="text-align:justify"><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000">Indian Institute of Management, Ahmedabad (IIM Ahmedabad) is a premier management institute in India. It is one of the top business schools in the country and holds a prestigious reputation worldwide. Established in 1961, IIM Ahmedabad offers various management programs, including Post Graduate Program in Management (PGP), Fellow Program in Management (FPM), Executive MBA and various executive education programs. The </span></span></span><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000"><strong>IIM Ahmedabad placements packages</strong></span></span></span><span style="font-size:13pt"><span style="font-family:'Times New Roman',serif"><span style="color:#000000"> encompass a wide range, starting from lakhs and going up to crores.</span></span></span></p>
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