Mind-boggling Number of Slot 0 Offers Marks IIM-A Summer Placements 2008

Mind-boggling Number of Slot 0 Offers Marks IIM-A Summer Placements 2008

Dispelling all anxieties and rumors about reduced hiring due to the subprime crises or the expected recession world-wide, top-notch firms from all over the world flocked to the Indian Institute of Management, Ahmedabad, for the summer recruitment process for the Batch of 2007-09.

The recruitment, scheduled to be divided among three slots from November 13th to 18th, saw all 263 students in the batch getting successfully placed in their choice of sectors.

Mind-boggling Number of Offers on Slot 0

The faith placed by recruiters in the superior quality of students at IIM Ahmedabad was evident by the fact that more than half of the batch (134 offer acceptances) was placed on the first day of placements. A total of 157 students had got the job of their choice and had opted out of the placement process by the end of the much-coveted Slot 0. Last year, the same figure stood at 120. The number of Slot 0 firms increased sharply from 25 last year to 36 this year.

Diversity in Firms, Diversity in Batch

What has made these placements truly remarkable is the diversity of the firms on all days of the event - even the Slot 0 offers span across sectors. Although the top investment banks and consulting firms continue to have the highest number of acceptances, the student community got a much more diverse pool of firms and roles to choose from (Exhibit 1). Along with big players in the Private Equity domain, there were firms like Google (offered a role in business development), Amazon (Logistics) - the star recruiters in the IT/ITES domain; Chicago-based Starcom MediaVest Group, a leading global marketing communications networks which came exclusively to IIM Ahmedabad and gave international roles involving business development and communication strategy.

Exhibit 1: Sector-wise Acceptance Details for Summer Placements 2008
at IIM Ahmedabad

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Contributed by -
Rohan Mathur,
Media Secretary,
Students Placement Committee,
Indian Institute of Management, Ahmedabad.

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