Placement drive at Indian Institute of Management Ahmedabad (IIM-A) has entered in eighth day with many students still waiting to get placed in the midst of global slowdown.

The companies which visited the campus this year include McKinsey, Frost & Sullivan, Boston Consulting Group and Booz and Co. The list also includes many leading banking and insurance firms like Standard Chartered Bank, ICICI Bank, UAE Exchange, SIDBI and SEBI.

The students at management institute are getting full support from its alumni, placed in various national and international firms at senior level positions. The institute, having more than 32,000 members, is known to organize special programs for their alumni. As many as 8,000 alumni are enrolled in various post graduate programs of IIM-A.

An IIM-A PGP '85 batch alumnus and CEO of Alchemy Capital Management, KN Vaidyanathan, said, "Organizations, where IIM-A alumni are representing at senior-level positions, will recruit from the institute. There are a lot of institute alumni in senior management position." He, however, declined to name the companies backed by IIM-A alumni who are recruiting students from the institute.