513 students get 542 internship offers over two days
17 November, 2021, Bengaluru: The Summer Placements for the PGP and PGP-BA Class of 2021-23 of the Indian Institute of Management Bangalore (IIMB) saw 542 offers, leading to all 513 students who appeared for placements being placed over two interview days.
Professor U. Dinesh Kumar, Chairperson, Career Development Services, IIM Bangalore, said: “This is one of the best summer placements we had in the recent years. There is a clear signal from the recruiters that the economy is reviving, and the industry is looking for talent in large numbers to manage the post pandemic market.”
According to Harshit Verma, Student Placement Representative, “We witnessed an increase in high-paying offers across sectors. We saw a rise in offers for Finance roles, while Consulting continues to be most sought-after.”
Dr Roopa Adyasha, Senior Manager, Career Development Services at IIMB, said: “Amidst a challenging post-pandemic business environment, IIMB witnessed an upsurge of hiring from various sectors of the industry. We thank the recruiters, our alumni and all the stakeholders involved in the summer placement process.”
Consulting companies made 181 offers led by Accenture with 33 offers, followed by Bain & Company (22) and The Boston Consulting Group (22). Top recruiters included Kearney (15), McKinsey & Company (13), Tata Consultancy Services (12), Alvarez & Marsal (8), PricewaterhouseCoopers (8), Ernst & Young (7), GEP Consulting (7), NRI Consulting (7), Strategy& (5). Other recruiters included Auctus Advisors (4), Arthur D. Little (3), Miebach Consulting (3), KPMG (2), LEK Consulting (1), and others (9).
Prominent recruiters in the information technology and IT product management domain, who made 41 offers, are Microsoft (13), Samsung (6), Walmart Global Tech (6), Visa Inc. (4), InfoEdge (3), UHG Optum (3), Adobe (2), Atlassian (1), and others (3).
The 42 offers made in the combined bucket of E-commerce, and Operations included Amazon (29), Flipkart (5), Uber (4), Myntra (2), and others (2).
There were 84 offers in the Finance domain. Among banks, Goldman Sachs made the maximum of 16 offers followed by Citibank (7), Avendus Capital (4), Barclays (4), Deutsche Bank (4), JP Morgan (3), Arpwood Capital (2), Blackstone (2), HSBC (2), Bank of America (1), CDC Group (1), Credit Suisse (1), Gaja Capital (1), Morgan Stanley (1), Standard Chartered (1). Other recruiters also included Kotak Mahindra (9), Axis Bank (1), D.E. Shaw (1), White Oak Capital Management (1), and others (22).
Conglomerates recruited for their leadership tracks, making 76 offers in general management positions with Adani Group leading with 7 offers followed by Tata Administrative Services (6), Aditya Birla Group (5), Vedanta (5), Reliance (4), Bajaj Finserv (3), CK Birla (3), NPCI (3), Capgemini (2), Hinduja Group (2), Jindal Steel (2), True North (2), JSW (1), Piramal (1), and others(30).
Students opting for Sales and Marketing roles received 99 offers and were recruited by major consumer goods firms led by Nestle (8), Pidilite (7), Samsung (6), Asian Paints (5), HUL (5), Disney-Star (4), AB InBev (3), Saint Gobain (4), Tata Sky (4), Jubilant (3), Pernod Ricard (3), Philips India (3), Wipro Consumer Care (3), Kimberly-Clark (3), Baja Auto (2), Colgate-Palmolive (2), Mondelez (2), Coca-Cola (1), Dabur (1), ITC (1), and others (29).
Analytics roles received 19 offers with major recruiters including American Express (7), FinIQ (2), and others (10).
Some of the leading start-ups that offered internships included Navi Technologies (11), Unacademy (9), Byju’s (6), Udaan (3), LatentView Analytics (1), Licious (1), Purplle (1), and Swiggy (1).
MBA - Business Analytics (PGP-BA) Summer Placement
The second batch of PGP Business Analytics received offers in the domain of Consulting, Analytics, Product Management, Business Intelligence, Marketing & Business Strategy across sectors like Management Consulting, BFSI, Conglomerate, E-Commerce, Ed-Tech. Companies that recruited from the programme included Accenture Strategy, Arthur D Little, Aditya Birla Group, American Express, Bain & Company, Colgate Palmolive, Ernst & Young, FinIQ, GEP, Goldman Sachs, JP Morgan, Kearney, Latent View Analytics, McKinsey & Company, Navi, NPCI, Philips, Reliance Nippon, Samsung, Tata Sky, Titan, Unacademy & Walmart.
Tapas Ranjan Pati, Manager – Career Development Services, said: “The PGP-BA cohort, alongside PGP, has secured offers from top companies. Many marquee recruiters offered exclusively crafted role in the Business Analytics domain.”
The IIMB PGP Placement Committee seamlessly managed the virtual placement process and placed all students in two days.