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The Indian Institute of Management Ahmedabad (IIMA) concluded its Summer Placements Cluster 1 for the 202-21 academic year on December 1, 2020.
The entire placement process of IIM Ahmedabad was conducted virtually due to the COVID-19 pandemic. However, the pandemic does not seem to have had any impact on the placements.
A total of 50 companies participated in the Cluster 1 placement process at IIMA this year and the focus for this cluster was Consulting and Investment Baking & Markets Sectors.
With 20 job offers on the table, Bain and Company was the top recruiting company in the Cluster 1 Summer Placements of IIMA. It was closely followed by the Boston Consulting Group (BCG), which made 19 offers.
Some of the top recruiting companies from the consulting sector were KPMG, Accenture Strategy, PwC, GEP Consulting, Kearney, McKinsey & Company, Arthur D Little, Alvarez & Marsa, Auctus Advisors etc.
In the Investment Banking sector, the highest number of job offers from a single company was 10 and it came from Edelweiss Wealth Management.
The top recruiters from the Investment Banking and Marketing sectors were Goldman Sachs, HSBC, Nomura India, Bank of America, Arpwood Capital, Citibank, Morgan Stanley etc.
IIMA conducts its Summer Placements in a Cluster-Cohort based process. Basically, companies having similar profiles or sectors are grouped together and only specific groups are invited for placements in a particular cluster.
The placements at IIMA have been delayed by a month this year as compared to 2019. In 2019, the Cluster 1 placement process was conducted on November 1.
Now, the institute has scheduled its Cluster 2 and Cluster 3 Summer Placements for December 4 and December 7 respectively.
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