IIMB Placements: A total of 420 students receive 462 offers from 140+ companies in India and abroad

Bangalore: The Lateral and Final Placements for the PGP class of 2016-18 of the Indian Institute of Management Bangalore (IIMB) saw 420 students receiving 462 offers from 140+ companies, in India and abroad, across all possible business sectors.

IIMB played host to most leading global banks on the first day of the Final Placements with Goldman Sachs making the maximum of nine offers. Other offers were from Deutsche Bank (6), Citibank (3), HSBC (3), JP Morgan (1), Blackstone (1) and Standard Chartered (1). Investment firms included Ambit Capital (1), Arpwood Capital (1), Myntra (1), o3 Securities (1) and Sabre Partners (1). Eight Capital, a hedge fund recruited at IIMB for the first time.

Among banks and financial firms, ICICI Bank made the maximum of nine offers. Others included Yes Bank (6), Kotak (5) and National Housing Bank (2). Financial Services recruiters included Anand Rathi Wealth Management (5), Bajaj Finserve (4), Altisource (1), BNY Mellon (1) and Piramal Finance (1). Corporate Finance roles were offered by Bharti Airtel (2), Flipkart (2), Hindustan Unilever (2), Reliance Treasury (2), Procter & Gamble (1).

In the consulting domain, Deloitte USI led with 18 offers followed by The Boston Consulting Group with 17 offers. Others included AT Kearney (16), Accenture Strategy (14), McKinsey & Co (11), Bain & Company (11), Strategy& (6), EY-Parthenon Singapore (5), Nomura Research Institute (5), Deloitte India (4), Ernst & Young (4), GEP Consulting (4), Alvarez & Marsal (3), EXL Consulting (3), Infosys Management Consulting (3), KPMG (3), EY-Parthenon Dubai (2), Feedback Infra (2), Roland Berger (2), Zinnov (2), Actus Advisors (1), Bay Current (1), Hay Group (1), IBM Consulting (1), Parthenon India (1), Renew Power (1) and Siemens Management Consulting (1). About 34% of the batch received offers in management consulting sector.

In technology consulting domain PriceWaterhouseCoopers made the maximum of 12 offers followed by Accenture Technology (6), Larsen and Toubro Infotech Consulting (5) and Cognizant Consulting (4).

Conglomerates recruited in good numbers for their leadership tracks in general management positions with Vedanta leading with 5 offers followed by Aditya Birla Group (4), RPG Group (4), Bharti Airtel (4), CK Birla Group (3), Wipro Global (3), Jindal (3), Mahindra Group (2), Reliance Industries (2), TVS Emerald (1) and Tata Administrative Services (1). General Management roles were offered by Sterlite Power (5), Aequs (3), Capgemini (3), Amplus Solar (2), Microland (2), Mytrah Energy (2), DHFL (1), Dr. Reddy’s Laboratories (1), GSK Pharma (1), Max Life Insurance (1), Urbantree (1), Virinchi (1) and Walmart (1). ONGC made two offers in human resources.

Students opting for Sales and Marketing roles were recruited by major consumer goods firms led by Samsung Electronics with ten offers. Other leading recruiters in this category were Bajaj Auto (5), Procter & Gamble (4), Anheuser-Busch Inbev (4), Johnson & Johnson (4), EXL Services (3), ValueLabs (3), HMD (2), Hindustan Unilever (2), Indian Oil Corporation (2), ITC (2), Mondelez (2), Vodafone (2), Tata Sky (2), Asian Paints (1), CavinKare (1), Coca Cola (1), Jubilant Foodworks (1), Marico (1), Olympeo (1), RW Promotions (1) and Wipro Consumer Care (1). M.H.Alshaya recruited 1 student this year.

The offers in the fast-growing analytics space included EXL Services (9), American Express (7), UnitedHealth Group (5), PwC DIAC (3), MasterCard (2), Visa (1), WNS Global (1). Prominent recruiters in the information technology space included Microsoft (4), EXL (3), Infoedge (3), Servion (3), Telstra Communications (3), VMock (3), Fullerton (2), iPremed (2), Directi (1), SapientRazorFish (1), MAQ (1), Media.net (1), Sprinkler (1), Zynga (1). Other companies that recruited in the IT product management domain were Gulf Talent (2), Bharti Airtel (1), BNY Mellon (1), Gwynnie Bee (1), Hindustan Unilever (1), Procter and Gamble (1) and Karvy (1). The e-commerce and online space saw Amazon leading with 8 offers while other recruiters included Oyo Rooms (6), Paytm (5), Flipkart (3), Ola Cabs (3). Operations roles were offered by EXL Services (5), Stovekraft (5), AB InBev (2), Bharti Airtel (2), Hindustan Coca Cola Beverages (1) and Schneider Electric (1).

Professor Ganesh N Prabhu, Chairperson, Career Development Services, IIM Bangalore, said: “Many sought after recruiters surprised us by making many more offers than they had initially indicated and helped us complete our placements earlier than estimated.”

Dibyajyoti Mohapatra, Placement Representative, said, “IIMB experienced higher hiring interest in the more sought-after roles of investment banking and strategy consulting leading to more offers while the numbers were as usual in the other roles.”