Placement Offers In Consulting Peak At IIMs

Most MBA aspirants dream to study in India's top management institutes, which is Indian Institute of Management (IIM). Every year many freshers and working professionals get admission into the IIMs by keeping in mind the interest area of their study. Many students have clear goals about their future work sector they want to work in. Some in-demand sectors are Consulting; Information Technology (IT); Manufacturing; Banking, Financial Services, and Insurance (BFSI) etc.

A total of 20 IIMs provide full-time MBA (Master of Business Administration) programmes for the duration of two years. For this analysis, our focus is on job offers made in the Consultancy sector. This data is collected from the official websites of 15 IIMs data for 2021 and 17 IIMs for the year 2022. For both years, IIM Ahmedabad, Calcutta and Lucknow were not added because the placement data was not available on their college website. For 2021, IIM Shillong and IIM Ranchi’s data was not available and hence are not compared, and hence they didn’t make our list.

So now let’s look at all the IIMs, breaking them into three generations and reviewing them at the micro level to know how many students work in the consulting sector after graduating.

IIM Tiruchirappalli, IIM Rohtak, IIM Bangalore, IIM Nagpur and IIM Raipur were the top IIMs with respect to placement in the consulting sector among the compared IIMs in the year 2022.

Top Five IIMs: Placements In Consulting Sector

Among all the IIMs, IIM Tiruchirappalli, IIM Rohtak, IIM Bangalore and IIM Nagpur had the highest number of students placed in the consulting sector in both 2021 and 2022.

The change in percentage of students getting into the consulting sector peaked for IIM Rohtak and IIM Raipur in just one year.

Top Five IIMs In Consulting

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First Generation IIMs

The first generation IIMs are the oldest IIMs, established before 2000.

1st Generation IIM Students In Consulting (In%)

Second Generation IIMs

The second generation IIMs are the ones established between 2007 and 2011.

Three IIMs from this group are listed among top five IIMs where maximum students were offered jobs in the consulting sector. These include IIM Raipur, Tiruchirappalli and Rohtak.

2nd Generation IIM Students In Consulting (In%)

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Third Generation IIMs

The third generation IIMs, established after 2011, had only one IIM, i.e IIM Vishakhapattanam showed an increase in percentage of students who chose to work in the consulting sector in 2022. While the percentage of students dipped at IIM Bodh Gaya.

3rd Generation IIM Students In Consulting (In%)

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On an average more than 40 per cent of the students of these institutes were placed in the consulting sector during the campus placement. This analysis shows a clear trend that students who want to work in the consulting sector must opt for IIM Tiruchirappalli, IIM Rohtak, IIM Bangalore, IIM Nagpur and IIM Raipur, as these institutes have shown a trend with maximum placements in consulting sector at almost all IIMs.

Since this is the first in a series of articles, IIM aspirants are advised to stay tuned to know about the next sector.