As the ultimate three-day placement course of wrapped up on Monday night, sources aware of the IIM-A placement course of mentioned greater than 150 college students had obtained affords from world consulting corporations, one of many highest within the historical past of B.
“Three corporations – Boston Consulting Group (BCG), McKinsey and Bain & Co. – made a complete of 85 affords,” mentioned Professor Amit Karna, chairman of the IIM-A funding committee. “The determine is critical as a result of B faculties with a a lot larger lot power didn’t register such numbers,” he mentioned.
By 2020, McKinsey had prolonged 27 choices, together with pre-placement affords (PPO), adopted by 23 by Boston Consulting Group (BCG). In 2021, the numbers have risen to 30 and 32 respectively.
Accenture Technique and Kearney rounded out the highest 5 recruiters for consulting positions on the IIM-A campus. Officers mentioned ultimate numbers will likely be consolidated after placement, as college students who’ve obtained a number of affords will make their ultimate selection.
What does the surge imply – a rise of 9% from 2020 figures and 46% in 5 years – for the consulting trade? Professor Karna mentioned that the power of IIM-A is the overall path.
“If we take a look at the pattern, at any time when the financial system is on the transfer – up or down – the trade wants consultants. They’re versatile with deployment, the place the general perspective of the scholars is beneficial, ”he mentioned.
Consultants additionally mentioned that whether or not it is acquisitions or buyouts, planning a development path or maximizing operations, enterprise consultants are in excessive demand. “It is a very human capital intensive operation, and we see the perfect corporations competing within the expertise and buyer markets. However certainly we are able to see the surge in demand as a optimistic signal for the financial system, ”mentioned an skilled from town.