IIM-A summer placement process starts from today

The premier B-school is all geared up for summer placements for its 2012-14 PGP batch. The cohort-based placement process will begin at Indian Institute Of Management, Ahmedabad (IIM-A) on Wednesday.

Despite the fears of an uncertain economic environment, students are expecting a rise in stipends by 15 to 20 per cent this year. The expectations for IIM-A students come following continued interests of leading companies, who made attractive offers during final placements in March this year.

The placement this year, like last year, will take place in four clusters beginning November 17. The second cluster start on November 9, third on November 16 and the process will conclude on November 17. Members of the student placement committee opined that given the economic scenario, consulting, ecommerce and technology companies will have more to offer than the banks and other financial firms.

In the summer placements last year, out of 379 students, who took part in the summer placement process, only 42 students got overseas opportunities. In 2011, student's top preference continued to be banking, financial services and insurance ( BFSI) sector, with 112 students accepting offers in this area. The other sectors that attracted students in high numbers included consulting which had 81 students accepting offers, FMCG with 45 students and IT with 31 accepted offers.