PGP Final Placements 2025–26
Consolidated Media Release
IIM Ahmedabad
27th March 2026
The Final Placement Process for the Post Graduate Programme (PGP) Class of 2026 at the Indian Institute of Management Ahmedabad (IIMA) concluded with all students placed across 26 cohorts, drawing participation from firms spanning multiple sectors.
Cluster-Cohort Placement System
The placement cycle commenced with the Lateral Placement Process, conducted from January 5 to 15, 2026. During this phase, firms interviewed students with prior work experience for middle and senior management roles, with participation spanning sectors including technology, banking, finance, consulting, and analytics.
The Final Placement Process that followed was structured through a cluster-cohort based system, with firms grouped into cohorts based on their core business and industry profiles. Cohorts were organised into groups and invited to campus across different clusters. Continuing the past practice, students were allowed to make ‘dream’ applications to firms of their choice in subsequent clusters, even after securing offers, enabling them to pursue roles more closely aligned with their career aspirations. More than 150 such applications have been made. This showcases the student friendliness of our process.
Top Recruiters
The private equity, venture capital & asset management cohort recorded a 45% increase in offers, with participation from Blackstone, Elevation Capital, General Atlantic, Temasek, and Z47 among others. In the management consulting cohort, Boston Consulting Group emerged as the largest recruiter with 33 offers, followed by McKinsey & Company (21) and Bain & Company (20). In the investment banking & markets cohort, Goldman Sachs led recruitment with 6 offers, followed by Citibank (4). TATA Administrative Services (5), Aditya Birla Group (4), Godrej Industries Group (4), and Mahindra (4) were the top recruiters, with Essar Group extending the highest number of offers (8) among conglomerates. Several cohorts witnessed notable growth in the number of offers, including advisory consulting (45%), analytics & IT consulting (150%), conglomerates (41%), consumer services (150%), core manufacturing & infrastructure (33%), fintech (36%), pharmaceuticals & healthcare (60%), and renewable energy & greentech (50%), with increases observed across other cohorts as well. Additionally, advertising & media, banking & insurance, and logistics cohorts also recorded offers this year. This reflects the growing diversity of both the student pool and the recruiter base.
FinIQ Consulting emerged as the largest recruiter in the Lateral Placement Process with 15 offers, closely followed by NTT Data (14).
Sectoral Overview
Prominent recruiters in the consulting domain included Accenture Strategy, Alvarez & Marsal, Analysys Mason, Bain & Company, Boston Consulting Group, Deloitte Consulting India, EY Parthenon, Kearney, Kepler Cannon, KPMG India, McKinsey & Company, Monitor Deloitte, PwC India, Simon-Kucher (India), Strategy&, Vector Consulting Group, and YCP Auctus among others.
The investment banking & markets and private equity, venture capital & asset management cohorts saw increased participation, with firms such as ARGA Investment Management, Ares Management, Avendus Capital, Bank of America, Blackstone, Citibank, Deutsche Bank, Elevation Capital, Faering Capital, General Atlantic, Goldman Sachs, HSBC, JPMorgan Chase & Co., Morgan Stanley, Motilal Oswal Financial Services, O3 Capital Advisory, Standard Chartered Bank, Temasek, UBS, and Z47 among others.
The consumer goods, consumer services, consumer tech, and pharmaceuticals & healthcare cohorts saw participation from AB InBev, Airtel, Amazon, Berger Paints, Eternal, Glenmark Pharmaceuticals Limited, Haleon, Hindustan Unilever Limited, ITC Limited, Leeford Healthcare, Mankind Pharma, Marico, Nestlé, Procter & Gamble, Sun Pharmaceutical Industries Limited, Venus Remedies Limited, and Wipro Consumer Care among others.
Notable recruiters in the conglomerate and retail B2B & B2C cohorts included the Aditya Birla Group, CKA Birla Group, Damac Group, Dot & Key, Essar Group, GIVA, Godrej Industries Group, Lodha Ventures, Mahindra, Meesho, Murugappa Group, Nykaa, Purplle, Reliance Industries Limited, TATA Administrative Services, and Vedanta Limited among others.
In the enterprise tech and artificial intelligence cohorts, firms such as Adobe, BrowserStack, Cisco, Deskera, HiLabs, Lyric, Microsoft, Newgen Software Technologies Limited, and Teradata extended offers among others.
Major recruiters in the cards & financial advisory and fintech cohorts included American Express, FinIQ Consulting, Mastercard, and Navi Finserv Limited among others.
Notable additions to the recruiter pool this year included Analysys Mason, Emergent Labs, Indegene, Intertec Systems, Mebigo Labs Private Limited, Murugappa Group, NTT Data, Thriveni, and Venus Remedies.
Stakeholder Perspectives Prof. Viswanath Pingali, Chairperson of the Placement Committee at IIMA, said, “It is heartening to see the Indian industry continuing to repose faith in our students, befitting the legacy the programme has built over several years. Evolving geopolitical dynamics and the technological landscape are creating unique opportunities, and as the evidence shows, IIMA graduates are well positioned to adapt and take advantage of them. The Placement Committee, too, did a phenomenal job and deserves a great deal of credit.”
P. Kamalesh Khanna, the Recruitment Secretary at IIMA, said, “The Final Placement Process at IIMA once again demonstrated the strength of the Institute's cluster-cohort placement system, built on the core philosophy of ensuring the best student–recruiter fit while providing an equitable platform for all recruiters to access the rich talent pool. Students were empowered with multiple dream and hold options, allowing them to secure offers from companies of their choice, thereby maximising flexibility throughout the process. A standout feature of this year's cycle was the significant broadening of sectoral participation. Several newer cohorts witnessed a substantial increase in offers, reinforcing the process’s ability to adapt and deliver relevant career opportunities in an evolving market landscape. Backed by careful planning and coordinated execution, we delivered a seamless experience for both recruiters and students, in line with the Institute’s established standards of excellence.”
Saurabh Chhajer, Managing Director & Partner at Boston Consulting Group, said, “IIMA continues to be a key recruiting campus for us, consistently bringing exceptional talent to BCG, and this year has been no exception. We are delighted to welcome an outstanding cohort from this cycle, bringing a diverse mix of experiences and capabilities. We also sincerely appreciate the support and professionalism of the Placement Committee in ensuring a seamless process. We look forward to an exciting journey ahead together.”
Raunak Shah, a Partner at McKinsey & Company, said, “We value our association with IIM Ahmedabad, which continues to be an important part of our global talent pipeline. The Institute consistently offers access to a strong pool of talent, and this season further highlighted the depth of capability and professionalism on campus. We look forward to continuing our engagement and strengthening our collaboration in the future.”
The recruitment team at Deskera said, “Our recent hiring experience with IIMA was extremely smooth and efficient. The remote process was well-coordinated, enabling us to engage with high-quality candidates seamlessly. We were particularly impressed with the professionalism of the students and the Institute’s structured approach, which made the entire process both effective and time-efficient.”
Milind Kulkarni, MD and Group CEO of FinIQ Consulting, said, “As FinIQ expands its presence across global markets, it remains focused on hiring individuals who combine financial acumen, technical expertise, and cultural adaptability. This year’s recruitment process at IIMA successfully delivered on these requirements, supported by a smooth and well-coordinated effort from the Placement Committee.”
IPRS Report
Further details on the placement process will be published in an audited report in accordance with the Indian Placement Reporting Standards (IPRS). IIMA introduced IPRS to promote greater transparency in business school placements across the country. The link to the report will be shared with all stakeholders upon its release.
