RBS made 22 offers during recently concluded Summer Placements @ IIMA

Last Updated: Fri, Nov 19, 2010 09:00 hrs

Author:  CoolAvenues Newswire Author Details:  Do not show Side Ad:  300x250 banner Document Summary:    Callout:   This year the batch size had increased to 378 students and all the students were placed at the end of the fourth cluster IIM Ahmedabad completed its summer placement process for the PGP students of the batch 2010-12. The process, which spanned over four clusters, saw participation from 102 recruiters. This year the batch size had increased to 378 students and all the students were placed at the end of the fourth cluster.   Cohort system during summer placement processThe new cohort system was introduced for the first time in the summer placement process. It allowed companies to interact with the students for a longer period of time and the students to interview with the companies of their choice. For the first time, the group processes and interviews were decoupled and held on different days during a summers process. This ensured that no student lost out of any opportunity to participate in either of these processes due to overlapping schedules. The breaks between clusters also allowed students to relax and prepare for the next round of interviews.   Banks and consults were the among the largest recruitersRoyal Bank of Scotland once again reaffirmed its faith in the talent at the institute by making 22 offers on Cluster 1. Standard Chartered, Nomura and Morgan Stanley made thirteen, nine and eight offers respectively for investment banking and markets roles. Consulting majors, Accenture and Ernst & Young made 10 offers each, while McKinsey and Boston Consulting Group made 6 offers each. This year first-time recruiters, T Rowe Price and Hay Group, from the fields of investment management and niche consulting respectively participated in the process. Other recruiters from the finance domain included international recruiters like Goldman Sachs, Barclays, J.P. Morgan, Bank of America-Merrill Lynch, Citi Group, Credit Suisse, Deutsche Bank, HSBC, Rothschild, UBS and American Express and Indian financial services firms like Religare, Edelweiss, Axis Bank and ICICI Bank.   Regular recruiters Tata Administrative Services, HUL, P&G, Cadbury Kraft, Aditya Birla Group, Diageo, Mahindra & Mahindra, Nokia and Coke offered general management, sales and marketing profiles to the students. Reliance Industries and GE recruited for the first time from IIMA for the general management and business development roles. Some of the other prominent recruiters were Cognizant, Ogilvy & Mather, Marico, Feedback Ventures, Nestle, Britannia, Heinz, AstraZeneca, Honeywell, Glaxo Smith Kline, J&J Consumer and J&J Medical. Concluded.     Display order:  5151

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