BCG, Accenture Strategy And Goldman Sachs Emerge As Top Recruiters at IIM Bangalore
The Indian Institute of Management (IIM) Bangalore wrapped up their final placements for Post Graduate Progamme (PGP), batch 2015-17, with over 450 offers from 160 recruiters. With 20 offers, including Pre-Placement Offers (PPOs), Boston Consulting Group emerged as the top recruiter. This was followed by Accenture Strategy and Goldman Sachs, both making 14 offers each. A total of 411 students participated in the final placement process while 10 students opted for entrepreneurial and 'other' opportunities. Based on their performance during summer internship, a total of 162 PPOs were extended to students, out of which 133 PPOs were accepted.
"The eCommerce space saw lower interest compared to last year, with Amazon leading with 12 offers," said the institute in a release. Other eCommerce recruiters include Ola Cabs, Paytm, Myntra, Cloudtail, Swiggy and Uber.
In the lateral placement process, about 139 offers were made to students with more than 22 months of work experience by firms in various domains. Altogether 116 of these lateral offers have been accepted.
"Over 15 students were offered overseas placements while some more are expected to join in India for subsequent international postings. Six students of the last batch, who had lost their campus placement jobs due to restructuring, were successfully placed this year, while three students of the graduating batch are part of the ongoing placement process," said the institute.
Over 30% of batch received offers in consulting sector. Recruiters in strategy consulting domain include McKinsey & Co with 13 offers, Bain & Company, EXL Consulting and Deloitte with 10 offers each and AT Kearney with nine offers. Other top recruiters include Alvarez & Marsal, Roland Berger and Strategy&, KPMG, PricewaterhouseCoopers, Nomura Research Institute, PwC Diamond Consulting and Ernst & Young.
Top recruiters in banks and financial firms include Yes Bank, Citibank, ICICI Bank, HSBC, Morgan Stanley, Deutsche Bank, DBS, Standard Chartered, Visa, Axis Bank, JM Financial, Fullerton, Societe Genrale, Aviva and CRISIL.
Among conglomerates Aditya Birla Group led with 10 offers. Wipro Global, Bharti Airtel, Jindal, CK Birla Group, Mahindra Group, Tata Administrative Services, Reliance Industries and RPG also recruited from the institute.
In sales and marketing, Anheuser-Busch Inbev led with eight offers. Other recruiters were Procter & Gamble, Hindustan Unilever, ITC, Johnson & Johnson, Marico, Asian Paints, Himalaya and Mondelez International. M.H. Alshaya, a retail chain from Middle East, also recruited four students.
In technology space, top recruiters include Samsung, Tech Mahindra, Microsoft, WNS, Directi, Sterlite Technologies, Microland, Sasken, UnitedHealth Group, Schneider Electric, Phillips, Robert Bosch, Honeywell and Sutherland Global. Capgemini, IBM Consulting and Cognizant Business were the top recruiters in IT consulting.
"In addition to the continued interest shown by traditional recruiters, we also saw over 25% first-time recruiters who hired in good numbers," said Harsha Bhattad, a placement representative. Sprinklr, Sterlite Power, BNY Mellon, Power Finance, Vedanta, Stovekraft, Hay Group, Gulf Talent, Tolaram, Intellipaat, Indian Oil, Ambuja Cement, Amplus Solar, Saint Gobain, Pernod Ricard, Cello and Danaher were some of the new firms hiring from the institute.