IIM Bangalore Final Placement Report 2017 - BFSI and Consulting highest recruiting sectors
IIM Bangalore has completed the final placement process for PGP 2015-17 batch with participation from 160 recruiters from India and abroad. As many as 411 students participated in the process. They received 450 offers across more than 200 job profiles. 10 of the students opted out of the placement process to pursue their own venture. As many as 162 Pre-Placement Offers (PPOs) were extended to students of which 133 PPOs were accepted by the students. The participation from E-Commerce companies decreased from last year. The number of new recruiters increased by 25 per cent.
For students with past work experience, Lateral Placement process was conducted. As many as 139 offers were made by companies from various domains like Consulting, Business Leadership, Product Management, Operations, Category Management and General Management. Students accepted 116 lateral placement offers.
IIM Bangalore mentions that six students of previous batch, whose offers were revoked for company restructuring, were placed this year. Let us take a look at the domain wise placement status and top recruiting companies.
According to IIM Bangalore, most of the top global banks participated in the final placement process. Goldman Sachs was the highest recruiter in this sector with 14 offers including PPOs. Other recruiters and the number of offers were: Citibank (5), HSBC (4), Morgan Stanley (2), Deutsche Bank (2), DBS (1) and Standard Chartered (1). As many as 8 Operations and Global Strategy roles were offered by American Express. Other banks and financial institutions participating in the process included Yes Bank (7), ICICI Bank (6), Visa (3), Axis Bank (2), JM Financial (2), Fullerton (2), Société Générale (2), Aviva (1) and CRISIL (1).
In the Strategy and Consulting domain, Boston Consulting Group (BCG) made the highest number of offers (20) followed by Accenture Strategy (14), McKinsey & Co (13), Bain & Company (10), Deloitte (10) and AT Kearney (9). More than 30 per cent of the batch were offered roles in Consulting sector which included names like EXL Consulting (10), Alvarez & Marsal (5), Roland Berger (4) and Strategy& (3). Other prominent recruiters in the consulting space were KPMG (7), PricewaterhouseCoopers (5), Nomura Research Institute (2), PwC Diamond Consulting (2) and Ernst & Young (1).
Conglomerate companies extended offers on General Management roles by Aditya Birla Group (10), Wipro Global (7), Bharti Airtel (6), Jindal (5), CK Birla Group (4), Mahindra Group (4), Tata Administrative Services (3), Reliance Industries (3) and RPG (2).
Sales & Marketing
Major FMCG companies participated in the IIM Bangalore final placement process. Anheuser-Busch Inbev was the highest recruiter with 8 offers. Other leading companies and their number of offers were Procter & Gamble (7), Hindustan Unilever (4), ITC (2), Johnson & Johnson (2), Marico (2), Asian Paints (2), Himalaya (2) and Mondelez International (1). A Middle East retail chain, M.H. Alshaya, recruited four students from IIM Bangalore.
This sector saw offers from the prominent companies like Samsung (5), Tech Mahindra (4), Microsoft (3), WNS (3), Directi (2), Sterlite Technologies (2), Microland (2), Sasken (1), UnitedHealth Group (1), Schneider Electric (1), Phillips (1), Robert Bosch (1), Honeywell (1) and Sutherland Global (1). IT consulting companies like Capgemini (5), IBM Consulting (2) and Cognizant Business Consulting (1) also participated in the process.
IIM Bangalore mentions that the participation of E-Commerce companies was lower than last year. Amazon made 12 offers and is the highest recruiter in this sector. Other E-Commerce companies like Ola, Uber, Paytm, Myntra, Cloudtail, Swiggy made single digit offers.
Dr. Reddy’s extended three offers from the Healthcare sector. Nitesh Estates and Altisource Ocwen recruited from Real Estate sector. Analytics recruiters were Mu Sigma and Bridgei2i which made one offer each.
New recruiters visiting the IIMB campus hired in large numbers, led by Sprinklr making 6 offers followed by Sterlite Power (5), BNY Mellon (4), Power Finance (4), Vedanta (4), Stovekraft (3), Hay Group (3), Gulf Talent (3), Tolaram (3), Intellipaat (3), Indian Oil (3), Ambuja Cement (2), Amplus Solar (2), Saint Gobain (2), Pernod Ricard (1), Cello (1) and Danaher (1).
Commenting on the placement, Prof. Ganesh Prabhu, Chairperson, Career Development Services, IIM Bangalore, said: “We experienced a qualitative improvement in the placements this year. Increased hiring by banks, consulting and consumer goods firms compensated for the firms that could not participate in our placements this year.”
Harsha Bhattad, Placement Representative, said: “In addition to the continued interest shown by traditional recruiters, we also saw over 25 per cent first-time recruiters who hired in good numbers. Further, the increased efforts put in by students resulted in them getting their preferred jobs.”
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