BCG top recruiter with 26 offers in first cluster of IIMs

BCG top recruiter with 26 offers in first cluster of IIMs

Boston Consulting Group emerged as the top recruiter with 26 offers, followed by Kearney with 24 offers, as the first cluster of the summer placement process for the PGP class of 2023 was held at the Indian Institute of Management, Ahmedabad.
The firms participating in Cluster 1 included five groups – investment banking and markets, management consulting, niche consulting, cards and financial advisors and private equity, venture capital and asset management.

Due to the ongoing pandemic, the institute conducted almost the entire placement process this year and around 50 firms participated in the process.

In addition to BCG and Kearney, recruiters in the consulting sector included Alvarez & Marsal, Arthur de Little, Octus Advisors, Bain & Company, Ernst & Young, GEP Consulting, McKinsey & Company, PricewaterhouseCoopers & Strategy & Co.
The investment banking and markets segment was represented by Avendus Capital, Bank of America, Citibank, Credit Suisse, Estee Advisors, Goldman Sachs, JP Morgan Chase, HSBC, Morgan Stanley and Nomura (India and Singapore). Goldman Sachs was the largest recruiter in the Investment Banking and Markets cohort with 9 offers.

In the PE and VC domain, IIMA saw participation from firms such as Blackstone, Edelweiss, Gaza Capital, Iroha, Jupiter Capital, True North, Venture Highway, Xander and White Oak. Xander was the largest recruiter in the PE/VC and asset management cohort with 4 offers, while American Express started with 13 offers, the maximum number of offers in the card and financial advisory cohort.

Cluster 2 and 3 will be held on November 19 and 22 respectively.



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