IIM Ahmedabad has successfully completed the Final Placement process for MBA (Post Graduate Programme in Management- PGP) Class of 2025. Firms from multiple domains participated across the three clusters in Final placements, with all students placed across 30 cohorts.

Cluster-Cohort Placement System

The placement process began with the Laterals Placements Processes which was conducted from 6th to 21st January 2025. The firms interviewed students with prior work experience and offered them roles in middle and senior management positions. A multitude of firms participated from diverse sectors such as technology, banking, finance, consulting, analytics, etc.

In the Finals Placements processes, which followed the Laterals Process, firms were grouped into cohorts based on their core business and industry profile, and groups of cohorts were invited to campus across different clusters. In keeping with the practice from the previous years, students were provided the opportunities of making “dream” applications to firms of their choice in subsequent clusters, even with an offer in hand. The purpose of the dream applications is to allow students to find a job that aligns closely with the jobs they aspire to work for. There was a 16% increase in the number of dreamers this cycle when compared to the previous year.

Top Recruiters

In the final placements process (including PPOs), Boston Consulting Group made the most offers with 35 offers, followed by Accenture Strategy with 30 offers. Among the Investment Banks, Goldman Sachs was the largest recruiter, making 9 offers, closely followed by Avendus Capital with 7 offers. In the General Management domain, Tata Administrative Services made the highest number of offers – 5, followed by GMR Group with 4 offers. This year the following cohorts witnessed a significant increase in the number of offers: Niche Consulting offers increased by 22%; Fintech offers increased by 40%; Cards and Financial Advisory by 300%; Advisory Consulting by 120%; Retail B2B & B2C by 400% and Consumer Tech by 800%. This is a testament to the increased diversity among the student pool as well as the recruiters. In the Laterals processes, FinIQ Consulting made the highest number of offers (11), closely followed by Navi with 10 offers.

Sectoral Overview

Prominent recruiters in the consulting domain included (in alphabetical order): Accenture Strategy, Alvarez & Marsal, Arthur D. Little, Bain & Company, Boston Consulting Group, Deloitte Touche Tohmatsu India LLP, EY Parthenon, Jasper Colin, Kearney, Kepler Cannon, KPMG India, L.E.K. Consulting, McKinsey & Company, Monitor Deloitte, Oliver Wyman, Practus, Praxis Global Alliance, PwC India, Samagra, Simon Kucher (India), Strategy&, TranformationX, Vector Consulting Group and YCP Auctus, among others.

The Investment Banking & Markets and Private Equity, Venture Capital, and Asset Management saw an increased participation, with firms such as (in alphabetical order): ARGA Investment Management, Arpwood Capital, Avendus Capital, Axis Capital, Bank of America, Citi Bank, Claypond Capital, Deutsche Bank, Elevation Capital, Faering Capital, General Atlantic, Goldman Sachs, HSBC, JP Morgan Chase & Co, Morgan Stanley, O3 Capital Advisory, Piramal Group, Standard Chartered Bank, UBS, WestBridge Capital and WhiteOak among others.

The cohorts Consumer Goods, Consumer Services, Consumer Tech and Pharma and Healthcare had participation from (in alphabetical order): AB InBev, Airtel, Amazon, Asian Paints, Bluestone, British Petroleum, Dabur, Flipkart, Glenmark Pharmaceuticals Ltd, Google, Haleon, Hindustan Coca-Cola Beverages Pvt Ltd, Hindustan Unilever Ltd, ITC Ltd, L’Oreal, Mankind Pharma and Group of Companies, Nestle, OYO, Phillip Morris International, Procter & Gamble, Sun Pharmaceutical Industries Ltd., United Breweries (Heineken Group), Welspun Living, Wipro Consumer Care and Zomato, among others. Some notable recruiters in the Conglomerate and Retail B2B & B2C cohorts included (in alphabetical order): Adani Group, Aditya Birla Group, CK Birla Group, GMR Group, Lodha Ventures, Mahindra, Myntra, Nykaa, Pluckk, Purplle, Reliance Industries Ltd, Tata Administrative Services and Vedanta Ltd among others.

In the Enterprise Tech cohort offers were made by firms including Adobe, Anakin, BrowserStack, GyanSys, HCL Software, HiLabs, Javis, Microsoft, Newgen Software Technologies Ltd and Qualcomm.

Major recruiters in the cohorts Cards and Financial Advisory, and Fintech were American Express, FinIQ Consulting, Mastercard and Navi Technologies.

Amongst the new recruiters onboarded, some key firms were GMR Group, Pekers Group, Pluckk and Showtime Consulting.

Finding the Student-Recruiter Fit

Prof. Viswanath Pingali, Chairperson of the Placement Committee at IIM Ahmedabad, said, “Amidst the current volatile state of the geopolitical environment, we expected strong headwinds for this year's placement season. However, corporates showed faith in IIMA as usual. Students, too, were well prepared for the job market. Variety of firms and roles offered are testaments to the quality of students at IIMA, as well as the faith the recruiters have in our institute and its students. The Placement Committee, too, deserves to be commended for their grit, especially in a tough market.”

Atharva Kapadnis, the Recruitment Secretary at IIM Ahmedabad, said, “The successful completion of the Placement process at IIM Ahmedabad showcases the Institute’s robust and time-tested cluster-cohort placement system, which prioritizes the ‘student-recruiter’ fit. In a dynamic and challenging job market, we ensured that students had the flexibility to exercise multiple dream and hold options. This approach has once again helped both recruiters and students find the right match, from amongst numerous opportunities. A defining feature of IIMA’s placement process is its commitment to transparency and equity. Every recruiter—whether a long-time partner or a new entrant—is provided a level playing field to compete for our exceptional talent pool. Despite market challenges, we witnessed an increase in the number of recruiters and a broader range of roles being offered across industries. With thorough planning and tireless execution, we ensured a seamless placement process, maximizing opportunities for our students whilst upholding the high standards that IIM Ahmedabad is known for.”

Saurabh Chhajer, Managing Director & Partner at Boston Consulting Group said, “IIM-A has consistently been one of our preferred campuses, delivering exceptional talent year after year. We are thrilled to onboard some really outstanding candidates this cycle. A special thanks to the Placement Committee for their unwavering support in helping us secure the best of the batch once again. We look forward to an exciting journey ahead.”

Milind Kulkarni, MD and Group CEO, FinIQ Consulting says, “FinIQ is delighted to have yet another fruitful round of recruitment at IIM Ahmedabad, extending a total of 16 offers this year. Expansion into more and more markets worldwide needs a very unique combination of financial and technical skills, along with the right cultural fit necessary to operate in the international banking space with ease. IIM Ahmedabad placement team has once again ensured that the process was smooth and individual candidates' interests aligned with FinIQ’s long term goals.”

“At Navi, we take great pride in our partnership with IIMA. Having participated in their placement process, we have had the privilege of engaging with a diverse and highly motivated student pool. The calibre of talent from IIMA aligns perfectly with our recruitment needs, providing us with future leaders who excel in both technical expertise and problem-solving skills.

IIMA’s reputation for fostering innovation, leadership, and strategic thinking fits seamlessly into our recruitment process. We look for candidates who are not just academically brilliant, but also ready to thrive in a fast-paced, high-performance environment.” - Recruitment Team at Navi Technologies.

"We had an excellent experience this year during both the summers and finals placements. The quality of students at IIMA impresses every time which is why we decided to ramp up our Summer Internship numbers significantly this year. IIMA has been a partner campus for Vector for more than a decade and foreseeable plans see us strengthening this further." - Sayan Chakrabarty, CHRO, Vector Consulting Group.

IPRS Report

Further details about the placement process will be released in an audited report, as per the Indian Placement Reporting Standards (IPRS), introduced by IIMA to bring about greater transparency in B-School Placements across the country, and the link to the report will be shared with all stakeholders, once released.