Consulting and FMCG sectors dominated summer placement at the Indian Institute of Management Bangalore (IIMB).
The 3-day Summer Placement for the PGP class of 2016-18 at the Indian Institute of Management Bangalore (IIMB) from November 7 to10 saw 402 students being wooed by more than 150 companies.
More than 30% of the batch received offers in the Management Consulting sector, which also included reputed names like Deloitte, Roland Berger, Alvarez & Marsal, PWC Diamond Consulting, GEP, Hay Group, Synergy Consulting and Feedback Infra Consulting.
Summer Recruitment for IIM Vishakhapatnam
IIMB also simultaneously hosted the summer recruitment process for IIM Vishakhapatnam PGP Class of 2016-18 with 60% of applicants already placed.
As in the previous year, the IIM Bangalore Placement Committee was involved in the mentorship of IIM Vishakhapatnam students in the run up to the placement process.
The students were offered multiple roles in Management Consulting, Investment Banking, Markets, Corporate Banking, Sales and Marketing, Business Leadership, Product Management, Operations, Category Management, and General Management.
More than 30 firms visited IIMB for hiring for the first time. Some of these included Arthur D. Little, BayCurrent Consulting, Auctus Advisors, Gates Foundation, United Breweries, Hindustan Coca Cola Beverages, NRI Consulting, Danaher, RPG Group, MasterCard Advisors, Visa, Mytrah Energy, Renew Power, Biocon, Next Education, Medtronics, GroupM, Wadi.com, Treebo Hotels, PharmEasy, CATKing, Rakshak Foundation and Zimmer.
Banking, Equity, VC Roles
IIMB played host to most big international banks such as Barclays, Citibank, Goldman Sachs, HSBC, JP Morgan, Deutsche Bank, Development Bank of Singapore and Standard Chartered on the first day of the Summers Placements.
Private Equity/Venture Capital roles by Blackstone, Temasek Holdings, IDG Ventures and Brand Capital were offered to the students. BNY Mellon and Arpwood Capital were among the first time recruiters in this domain.
A host of Indian banks and financial institutions such as Avendus Capital, Axis Bank, ICICI Bank and AVIVA also made offers during the Placement process.