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Journal of Indian Institute of Management Bangalore

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IIM Bangalore successfully concludes an accelerated Summer Placement hiring dominated by Consulting and Financial Services firms

Bengaluru, November 04, 2015: The Summer Placement season for the PGP class of 2015-17 of the Indian Institute of Management Bangalore (IIMB) witnessed the participation of the top recruiters across all sectors with renewed vigor and was concluded successfully on November 3 (Tuesday). IIM Bangalore is also simultaneously hosting the summer recruitment process for IIM Visakhapatnam PGP Class of 2015-2017 with around 60% of applicants already placed. IIM Bangalore Placement Committee was also involved in the mentorship of IIM Vishakapatanam students in the run up to the placement process.

Introduction of Dream Company choice, for the first time in IIMB placements, was the major highlight of this Summer Placement season. Recruiters such as Tata Administrative Services, Aditya Birla Group, P&G, ITC, Hindustan Unilever were chosen by students with offers as their dream company.

This year the process witnessed the participation of 410 eligible students and more than 150+ companies came to hire students for summer stint in multiple roles such as Consulting, Investment Banking, Markets, Corporate Banking, Sales & Markets, Business Leadership, Product Management, Operations, Category Management, and General Management. Another striking feature of the process was that more than 30 firms visited IIMB for hiring for the first time. Some of these included Anheuser Busch Inbev, Aurionpro, Fidelity Worldwide Investment, India Value Fund, Lenovo, LightBox Ventures, Texas Instruments, Nirvana Ventures, Myntra, Uber, Walmart Labs and Novartis. Temasek Holdings renewed hiring from IIM Bangalore again after a gap of more than 5 years.

IIMB played host to most big international banks such as the Goldman Sachs, HSBC, Barclays, JP Morgan, Bank of America Merrill Lynch, Deutsche Bank, Citibank, Development Bank of Singapore and Standard Chartered on the first day of the Summers Placements. Private Equity/Venture Capital roles by Blackstone, IDG Ventures and Brand Capital were offered to the students. India Value Fund, Nirvana Ventures and LightBox Ventures were some of the first time recruiters in this domain. A host of Indian banks and financial institutions such as Avendus Capital, Axis Bank, ICICI Bank, Yes Bank and Edelweiss also made offers during the Placement process.

The Boston Consulting Group made 22 offers which was also the highest number of offers ever made by it across Indian campuses. Accenture Management Consulting with 16 offers and Mckinsey & Co. with 12 offers were also top recruiters this year. Around 30% of the entire batch received offers in the consulting sector, which also included reputed names like Bain & Company, Strategy&, A T Kearney, Roland Berger, Alvarez & Marsal, PWC Diamond, Capgemini, IBM Consulting, Cognizant Business Consulting and GEP Consulting. Other prominent recruiters in this space were EXL Services, Ernst & Young, KPMG and PricewaterhouseCoopers.

Conglomerates such as Aditya Birla Group, Tata Administrative Services (TAS), Mahindra & Mahindra, Wipro Global, Reliance ADA Capital, Shell, General Electric recruited in significant numbers for leadership and general management roles. Aditya Birla Group with 13 offers was the highest recruiter in this space.

Many students also chose to go to Sales and Marketing functions, and were extended offers by major consumer goods and services firms. Major recruiters in this category were Mondelez, Asian Paints, Hindustan Unilever, Phillips, Coca Cola, ITC, Times Group, Johnson & Johnson, Pepsi, Uber and Wipro Consumer Care among others. Telecom majors Vodafone and Bharti Airtel also made a number of offers in this domain. The major retail firm from Middle East – M.H. Alshaya – also recruited in good numbers this year.

Prominent recruiters in the technology space included Microsoft, Microland, WNS, MindTree, Texas Instruments, Sutherland Global, Walmart Labs, Lenovo, Juniper Networks and Directi among others. In the IT consulting domain, all prominent recruiters like IBM and Capgemini visited the campus.

The E-Commerce space also saw heightened interest with Amazon, Flipkart, Snapdeal, Hopscotch, Uber, Myntra, Ola Cabs, Quikr, Infoedge, LinkmySport and Channelplay participating in the summer recruitment process.

Commenting on the occasion, Professor Ganesh Prabhu, Chairperson, Career Development Services, IIM Bangalore, said: “The Summer Placement Process 2016 successfully concluded today and was very well received by the recruiters. Many of them ended up doubling their usual number of offers based on the talent pool available in IIM Bangalore.”

Ankur Agrawal, Placement Representative, said: “Consulting firms continued their preference towards hiring IIMB students with some of them making unprecedented number of offers. Also, marquee and first time PE/VC recruiters added to the quality of offers rolled out to the students.”

Media Contacts:

Professor Ganesh Prabhu

Chairperson, Career Development Services

IIM Bangalore

Phone:  +91 80 2699 3078

E-mail:  gprabhu@iimb.ernet.in   

Sapna Agarwal

Head – Career Development Services

Phone: +91 80 2699 3357/3301

E-mail: cds@iimb.ernet.in

Kavitha Kumar

Head, Communications

M: +91 98 45 201011

Email: kavitha.kumar@iimb.ernet.in

Ankur Agrawal

IIMB Placement Committee

Email: ankur.agrawal14@iimb.ernet.in

Bengaluru, November 04, 2015: The Summer Placement season for the PGP class of 2015-17 of the Indian Institute of Management Bangalore (IIMB) witnessed the participation of the top recruiters across all sectors with renewed vigor and was concluded successfully on November 3 (Tuesday). IIM Bangalore is also simultaneously hosting the summer recruitment process for IIM Visakhapatnam PGP Class of 2015-2017 with around 60% of applicants already placed. IIM Bangalore Placement Committee was also involved in the mentorship of IIM Vishakapatanam students in the run up to the placement process.

Introduction of Dream Company choice, for the first time in IIMB placements, was the major highlight of this Summer Placement season. Recruiters such as Tata Administrative Services, Aditya Birla Group, P&G, ITC, Hindustan Unilever were chosen by students with offers as their dream company.

This year the process witnessed the participation of 410 eligible students and more than 150+ companies came to hire students for summer stint in multiple roles such as Consulting, Investment Banking, Markets, Corporate Banking, Sales & Markets, Business Leadership, Product Management, Operations, Category Management, and General Management. Another striking feature of the process was that more than 30 firms visited IIMB for hiring for the first time. Some of these included Anheuser Busch Inbev, Aurionpro, Fidelity Worldwide Investment, India Value Fund, Lenovo, LightBox Ventures, Texas Instruments, Nirvana Ventures, Myntra, Uber, Walmart Labs and Novartis. Temasek Holdings renewed hiring from IIM Bangalore again after a gap of more than 5 years.

IIMB played host to most big international banks such as the Goldman Sachs, HSBC, Barclays, JP Morgan, Bank of America Merrill Lynch, Deutsche Bank, Citibank, Development Bank of Singapore and Standard Chartered on the first day of the Summers Placements. Private Equity/Venture Capital roles by Blackstone, IDG Ventures and Brand Capital were offered to the students. India Value Fund, Nirvana Ventures and LightBox Ventures were some of the first time recruiters in this domain. A host of Indian banks and financial institutions such as Avendus Capital, Axis Bank, ICICI Bank, Yes Bank and Edelweiss also made offers during the Placement process.

The Boston Consulting Group made 22 offers which was also the highest number of offers ever made by it across Indian campuses. Accenture Management Consulting with 16 offers and Mckinsey & Co. with 12 offers were also top recruiters this year. Around 30% of the entire batch received offers in the consulting sector, which also included reputed names like Bain & Company, Strategy&, A T Kearney, Roland Berger, Alvarez & Marsal, PWC Diamond, Capgemini, IBM Consulting, Cognizant Business Consulting and GEP Consulting. Other prominent recruiters in this space were EXL Services, Ernst & Young, KPMG and PricewaterhouseCoopers.

Conglomerates such as Aditya Birla Group, Tata Administrative Services (TAS), Mahindra & Mahindra, Wipro Global, Reliance ADA Capital, Shell, General Electric recruited in significant numbers for leadership and general management roles. Aditya Birla Group with 13 offers was the highest recruiter in this space.

Many students also chose to go to Sales and Marketing functions, and were extended offers by major consumer goods and services firms. Major recruiters in this category were Mondelez, Asian Paints, Hindustan Unilever, Phillips, Coca Cola, ITC, Times Group, Johnson & Johnson, Pepsi, Uber and Wipro Consumer Care among others. Telecom majors Vodafone and Bharti Airtel also made a number of offers in this domain. The major retail firm from Middle East – M.H. Alshaya – also recruited in good numbers this year.

Prominent recruiters in the technology space included Microsoft, Microland, WNS, MindTree, Texas Instruments, Sutherland Global, Walmart Labs, Lenovo, Juniper Networks and Directi among others. In the IT consulting domain, all prominent recruiters like IBM and Capgemini visited the campus.

The E-Commerce space also saw heightened interest with Amazon, Flipkart, Snapdeal, Hopscotch, Uber, Myntra, Ola Cabs, Quikr, Infoedge, LinkmySport and Channelplay participating in the summer recruitment process.

Commenting on the occasion, Professor Ganesh Prabhu, Chairperson, Career Development Services, IIM Bangalore, said: “The Summer Placement Process 2016 successfully concluded today and was very well received by the recruiters. Many of them ended up doubling their usual number of offers based on the talent pool available in IIM Bangalore.”

Ankur Agrawal, Placement Representative, said: “Consulting firms continued their preference towards hiring IIMB students with some of them making unprecedented number of offers. Also, marquee and first time PE/VC recruiters added to the quality of offers rolled out to the students.”

Media Contacts:

Professor Ganesh Prabhu

Chairperson, Career Development Services

IIM Bangalore

Phone:  +91 80 2699 3078

E-mail:  gprabhu@iimb.ernet.in   

Sapna Agarwal

Head – Career Development Services

Phone: +91 80 2699 3357/3301

E-mail: cds@iimb.ernet.in

Kavitha Kumar

Head, Communications

M: +91 98 45 201011

Email: kavitha.kumar@iimb.ernet.in

Ankur Agrawal

IIMB Placement Committee

Email: ankur.agrawal14@iimb.ernet.in