IIMB Final Placements: Consulting Claims 34% of PGP Class of 2018

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Consulting continued to reign supreme at the Final Placements for the PGP class of 2016-18 of the Indian Institute of Management Bangalore (IIMB) with Deloitte USI coming up with 18 offers followed by The Boston Consulting Group with 17.

IIMB said the lateral and Final Placements saw 420 students receiving 462 offers from more than 140 companies in India and abroad, across all business sectors.

About 34% of the batch received offers in management consulting sector. Apart from Deloitte and BCG, they included AT Kearney (16), Accenture Strategy (14), McKinsey & Co (11), Bain & Company (11), Strategy& (6), EY-Parthenon Singapore (5), Nomura Research Institute (5) and 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) also came up with offers.

“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,” Professor Ganesh N Prabhu, Chairperson, Career Development Services, IIM Bangalore, said.

The first day of the placements had leading global banks lining up with offers. Goldman Sachs made the maximum of nine offers. Others 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 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).

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).

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 one 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).

ALSO READ: IIM Calcutta Final Placements: Consulting Tops Recruitment at 27%

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).

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.

“We focus on keeping people fit and enhancing their quality of life. My goal is to ensure that we only use and not abuse technology, by changing human behaviour. My gym is more like a training community,” he added.

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