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IIM Bangalore witnesses record summer placement season with 529 students bagging 539 internship offers over two days

Consulting remains the most sought-after domain

16 November, 2022, Bengaluru: The Summer Placements for the two-year full-time MBA programmes of IIM Bangalore, the Post Graduate Programme in Management (PGP) and the Post Graduate Programme in Business Analytics (PGP-BA), Class of 2022-24, saw 539 offers being made, leading to all 529 students who appeared for placements being placed over two interview days.

Prof. Debolina Dutta, Chairperson, Career Development Services and faculty in the Organizational Behavior & Human Resources Management area of IIM Bangalore, said that the summer placement process for the PGP/PGP-BA 2022-24 batch was a great success. “This was the first offline placement drive post-pandemic, and the collective endeavour ensured a smooth mix of online facilitation and offline campus activities. We thank all the reputed Indian and global corporate partner firms, who reinforced their faith and confidence in our students by offering opportunities to the largest batch of participating students, making the placement process a resounding success.”

Consulting companies made 233 offers, led by Accenture with 41 offers, followed by McKinsey & Company (22) and Bain & Company (20). Top recruiters included Tata Consultancy Services (18), Boston Consulting Group (17), Kearney (16), EY (15), Strategy& (14), GEP Worldwide (10), PricewaterhouseCoopers (9), Alvarez & Marsal (7), and FinIQ Consulting (7). Other recruiters included Arthur D. Little (6), KPMG (6), Visa (5), Miebach Consulting (4), Auctus Advisors (3), NRI Consulting (3), Simon Kucher & Partners (3), and others (7). 

Prominent recruiters in the Information Technology and IT/Product Management domain, who made 50 offers are Samsung R&D (5), DP World (4), Pine Labs (4), JustDial (4), Walmart Global Tech (4), Atlassian (3), Info Edge (3), Disney Star (2), PhonePe (2), Piramal (2), and others (17).

The 36 offers made in the combined bucket of E-commerce and Operations included Amazon (24), Flipkart (5), Uber (5), and DP World (2).

There were 73 offers overall in the Finance domain. Among banks, Citibank made the maximum of seven offers followed by Goldman Sachs (6), IIFL Securities (6), JP Morgan Chase & Co. (6), Barclays (4), Standard Chartered (4), Avendus Capital (3), Axis Bank (3), Lincoln International (3), and Rothschild & Co. (3). Other recruiters included Deutsche Bank (2), Edelweiss (2), Faering Capital (2), Piramal Alternatives (2), UTI AMC (2), Varma Capital (2), and others (16).

Conglomerates recruited for their leadership tracks making 67 offers in General Management positions with Tata Administrative Services leading with eight offers, followed by Adani Group (7), Mahindra & Mahindra (5), Sun Pharmaceuticals (5), Aditya Birla Group (4), Prodapt (4), Puma (4), Vedanta (4), Aliens Group (3), Bajaj Finserv (3), RPG Group (3), AB InBev (2), Arcelor Mittal Nippon Steel (2), Capgemini (2), CK Birla (2), Dr. Reddy’s Laboratories (2), Reliance Industries Limited (2), and others (5).

Students opting for Sales and Marketing roles received 58 offers and were recruited by major consumer goods firms led by Asian Paints (5), Airtel (4), Pidilite (4), P&G (4), Wipro (4), Zepto (4), Bajaj Auto (3), Coca-Cola (3), ITC (2), Mondelez (2), Nestle (2), and Vodafone (2). Other recruiters included Saint Gobain (7), Marico (1), Tata Play (1), and others (10). 

Analytics roles saw an increase in numbers compared to last year, to 22, with the major recruiters being American Express (6), Kotak Mahindra Business Analytics (3), D.E. Shaw (2), EXL Service (2), and others (9).

Harsh Agrawal, Placement Representative, said: “This placement process witnessed an increase in high paying offers across sectors. Consulting continued to be the most sought-after domain accounting for more than 40% of all offers. The recruiter participation in the Private Equity and Venture Capital domain more than doubled, vis-à-vis last year. The number of international offers also increased significantly.”