Accenture emerges Top recruiter at IIM-A placements this year; 8 students turn down offers to begin startups

With 18 students placed, Accenture Strategy emerged as the top recruiter at IIM Ahmedabad, as per the final placement report for PGP programme 2016 released by the institute in accordance with the Indian Placement Reporting Standards.

Top recruiter
Accenture Strategy was the top recruiter. Bain & Co extended 16 offers while The Boston Consulting Group extended 17.

Interesting stats
- According to the report, 383 students sought employment through the business school out of the total 403 graduating this year.

- More than 110 firms participated in the placement process of which the top offers (108) were made by consulting firms.

- 8 students opted out to start entrepreneurial ventures. They will be undertaking their journey under the guidance of SINE, IIM-A's incubation Cell and will be allowed to sit for placement in the next 2-3 years if their startup fails.

- Approximately 368 offers were based in India, 7 in Europe, Middle East, Africa (EMEA) and 8 in Asia Pacific.

- The number of international offers dropped from 40 last year to 15 this time around.

Sector-wise
A total of 108 offers were accepted by students in the consulting sector, followed by 70 in BFSI (banking, financial services and insurance), 53 in online services, 26 in IT, 12 in media and communications, and 21 in telecom, 24 in conglomerates and 28 in FMCG.

- Recruiters in the consulting space included global strategy consulting and niche consulting firms like Accenture Strategy, Alvarez & Marsal, AT Kearney, Bain & Company, Deloitte, McKinsey & Company, Oliver Wyman, Roland Berger, and the Boston Consulting group.

- The BFSI sector saw participation from global investment banks like Barclays, Avendus Capital, Citi Bank, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC among others.

- In the Consumer Goods and Services sector, Procter & Gamble and Star TV India were the leading recruiters having extended 8 and 11 offers.

- From the e-commerce space, Amazon, Flipkart, Snapdeal, Sprinklr and Uber picked up students.

- Students also secured roles in tech sector firms like Microsoft, Cognizant, Google, Samsung, Wipro among others.

Function-wise
Maximum number of students (111) accepted consulting roles, followed by marketing/sales (74), finance (68), general management (60) and Business Development (12) among others.

- Sales and marketing roles were taken up in companies like Asian Paints, Hindustan Unilever Ltd, ITC, Johnson & Johnson, L’Oreal, nestle, Pepsico, P&G, Reckitt Benckiser, Vodafome among others.

- General Management and leadership profiles were offered to students by Aditya Birla Group, Bharti Airtel, CK Birla Group, Lodha Group, Mahindra and Reliance.

Salary heads - Domestic and International
According to the report, the minimum fixed yearly cash component (domestic) is Rs 6 lakh while the maximum is Rs 35 lakh. The median fixed yearly cash component (domestic) is Rs 17,00,655.

The maximum earning potential cash component stood at Rs 48 lakh; at the minimum range, Rs 11.5 lakh and for the median and Rs 21 lakh.

For international offers, the minimum fixed yearly cash component stood at $34,248, while the maximum stood at $132,896 and the median, $60,000.

The maximum earning potential cash component (international), according to the report for PGP students, was $35,112 at the minimum and $1,53,568 at the maximum.