IIM Bangalore Placements 2018 – 420 students receive 462 offers
The Indian Institute of Management (IIM) Bangalore has wrapped the final placement process for its PG batch of 2016-2018, with the participation of over 140 national and international companies, across all probable sectors. Total 420 participating students received 462 offers from various reputed firms including some leading global banks.
2018 placement drive saw an increase in the number of offers as compared to the previous years. Professor Ganesh N Prabhu, Chairperson, Career Development Services, IIM Bangalore said, “Many sought after recruiters surprised us by making many more offers than they had initially indicated and helped us complete our placements earlier than estimated.”
Among the Banking and Financial firms, Goldman Sachs made 9 offers on the first day of placement drive. ICICI Bank made a maximum of 9 offers, followed by Deutsche Bank and Yes Bank making 6 offers each. Each of both Kotak and AnandRathi Wealth Management made 5 offers, while Bajaj Finserve made 4. 3 offers were made by each of HSBC and Citi Bank. Bharti Airtel, Flipkart, Hindustan Unilever and Reliance Treasury each made 2 offers for corporate finance roles. 1 offer was made by each of J.P Morgan, Procter and Gamble, Standard Chartered, Altisource, BNY Mellon, Piramal Finance and other investment firms such as Ambit Capital, Artwood Capital, Myntra, O3 Securities and Sabre Partners. The hedge fund, Eight Capital, recruited from IIM Bangalore for the first time.
Almost 34% of the batch received recruitment offers in the management consulting sector. Many renowned international consultancy firms offered students analytical and research jobs. Among the national and international consultancies that participated, Deloitte USI made the maximum offers (18 offers), closely followed by the Boston Consulting Group (17 offers).
Job offers were made by AT Kearney (16 offers), Accenture Strategy (14 offers), McKinsey & Co (11 offers), Bain & Company (11 offers), Strategy (6 offers), EY-Parthenon Singapore (5 offers), Nomura Research Institute (5 offers), Deloitte India (4 offers), Ernst & Young (4 offers), GEP Consulting (4 offers), Alvarez &Marsal (3 offers), EXL Consulting (3 offers), Infosys Management Consulting (3 offers), KPMG (3 offers), EY-Parthenon Dubai (2 offers), Feedback Infra (2 offers), Roland Berger (2 offers), Zinnov (2 offers). Actus Advisors (1 offer), Bay Current (1 offer), Hay Group (1 offer), IBM Consulting (1 offer), Parthenon India (1 offer), Renew Power (1 offer) and Siemens Management Consulting (1 offer) also recruited among others.
Reputed technology consultants participated in the placement drive and made several offers to the students. Among them, PriceWateHouseCoopers made 12 offers, which was the highest. Accenture Technology made 6 offers, while Larsen & Toubro Infotech Consulting made 5 and Cognizant made 4 offers to the students.
Renowned conglomerates also recruited from the IIM Bangalore campus offering various management positions. Among them, Vedanta led with 5 offers. Aditya Birla Group, Bharti Airtel and RPG Group made 4 offers each. Other recruiters were CK Birla Group (3 offers), Wipro Global (3 offers), Jindal (3 offers), Mahindra Group (2 offers), Reliance Industries (2 offers), TVS Emerald (1 offers), Tata Administrative Services (1 offers), Sterlite Power (5 offers), Aequs (3 offers), Capgemini (3 offers), Amplus Solar (2 offers), Microland (2 offers), Mytrah Energy (2 offers), DHFL (1 offer), Dr. Reddy’s Laboratories (1 offer), GSK Pharma (1 offer), Max Life Insurance (1 offer), Urbantree (1 offer), Virinchi (1 offer) and Walmart (1 offer). 2 offers were made by ONGC for its human resources.
The Sales and marketing department also saw the participation of well-known consumer good firms offering attractive positions to students. Among the recruiters, Samsung Electronics led with 10 offers followed by Bajaj Auto making 5 offers. Other key recruiters were Procter & Gamble (4 offers), Anheuser-Busch Inbev (4 offers), Johnson & Johnson (4 offers), EXL Services (3 offers), ValueLabs (3 offers), HMD (2 offers), Hindustan Unilever (2 offers), Indian Oil Corporation (2 offers), ITC (2 offers), Mondelez (2 offers), Vodafone (2 offers), Tata Sky (2 offers), Asian Paints (1 offer), CavinKare (1 offer), Coca Cola (1 offer), Jubilant Foodworks (1 offer), Marico (1 offer), Olympeo (1 offer), RW Promotions (1 offer) and Wipro Consumer Care (1 offer). One student was recruited by the retail franchise operator M.H.Alshay this year.
In the Information Technology domain, mentionable recruiters were Microsoft (4 offers), EXL (3 offers), Infoedge (3 offers), Servion (3 offers), Telstra Communications (3 offers), VMock (3 offers), Fullerton (2 offers) and iPremed (2 offers). 1 offer was made by each of Directi, SapientRazorFish, MAQ, Media.net, Sprinkler and Zynga. Gulf Talent (2 offers), Bharti Airtel (1 offer), BNY Mellon (1 offer), Gwynnie Bee (1 offer), Hindustan Unilever (1 offer), Procter and Gamble (1 offer) and Karvy (1 offer) recruited in the IT product management field.
Among others recruiting in the general management and analytics field, Amazon led by making 8 offers followed by 7 offers from American Express and 6 offers by OYO Rooms. Sterlite Power, United Health Group and Paytm made 5 offers each. Other recruiters were Capgemini Aequs, OLA Cabs and Flipkart that made 3 offers each.
IIM Bangalore completed the recruitment drive successfully with 100% placement of its 2018 graduates. Referring to the placement trend, Placement Representative DibyajyotiMahapatra said, “IIMB experienced higher hiring interest in the more sought-after roles of investment banking and strategy consulting leading to more offers while the numbers were as usual in the other roles.”
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