Premier Business School, IIM-A is celebrating its Golden Jubilee Function on 26th March. True to its commitment to provide satisfaction to all participants, it did not closed its placement process only for one student.
One out of a batch of 314 Post-Graduate Programme in Management (PGP) at IIM- Ahmedabad could not find the job of his choice this year during lateral placement exercise of the institute.
For any other Institute near 100% placement with the best companies would have been a matter of pride, but the placement committee at IIM-A is worried and could not officially close the placement process even after three weeks.
A release from the B-school gave the reason of “specific career objectives as well as location preferences of this student,” and added that the institute would “continue to support the efforts of the other student.” All others have been placed either through Pre-Placement Offers (PPOs) through the internship process or the lateral placement process.
Over 120 firms participated in the laterals and final placement process, including MNC like Goldman Sachs, Citi, JP Morgan, Morgan Stanley HSBC. Amongst the Indian companies were Tata Steel, Aviva, Bajaj Allianz and Reliance Industries Ltd. Nomura and Royal Bank of Scotland had made PPOs.
This year more numbers of International offers were made reflecting the improving market sentiment and recruiters’ confidence in IIM-A. Seven students opted out of the placement process to become entrepreneurs and three others used the final placement process to join Ingersoll Rand’s two-year entrepreneurship development programme.
IIM-A has completed 50 years of its existence on 11th March, 2011 and is celebrating golden jubilee functions. Before this new pass out batch students are happy and satisfied with the wide variety of opportunities that they could choose from. The IIM-A placement process will now be on a rolling basis with firms visiting campus based on the specific interests of students.