The change in the appointment process was mooted by the institute to give students and their potential recruiters an option to choose the best talent so that both parties gain more in the long run.

“The move essentially aims at a better match-making process, ensuring a better fit between the students and the firms,” said Saral Mukherjee, faculty chairman at IIM-A, on Wednesday.

The decision was a sequel to the  first of its kind recruiter conclave held at Mumbai on Tuesday, the IIM-A placement committee invited recruiter feedback on the new process.
The system called the “cohort-based” placements process will go live from the coming placement season beginning the second week of February 2010. According to Vivek Jain, a student member of the placement committee, the process would be conducted over continuous weekends. The cohort-based process is a longer placement process but with significant advantages.

The day process led to great pressure on firms to make offers early and on students to accept offers on the spot.