402 IIMB students take part in summer placements 

150 companies came forward to hire students for the summer stint in multiple roles.

Published: 12th November 2016 01:27 AM  |   Last Updated: 12th November 2016 04:55 AM   |  A+A-

By Express News Service

BENGALURU: The summer placements for the Post-Graduate Programme of 2016-18 of the Indian Institute of Management Bangalore (IIMB) was completed between November 7 and 10.


According to an official communication from IIMB, this year, 402 students participated in the placement sessions where over 150 companies came forward to hire students for the summer stint in multiple roles.
More than 30 firms were visiting IIMB for the first time. These included Arthur D. Little, BayCurrent Consulting, Auctus Advisors, Gates Foundation, United Breweries, Hindustan Coca Cola Beverages, NRI Consulting, Danaher, RPG Group, MasterCard Advisors, Visa, Mytrah Energy, Renew Power, Biocon, Next Education, Medtronics, GroupM, Wadi.com, Treebo Hotels, PharmEasy, CATKing, Rakshak Foundation and Zimmer.


Over 30 per cent of the entire batch received offers in the management consulting sector. Accenture Strategy was the largest recruiter with 20 offers, followed by The Boston Consulting Group with 15 offers, A.T. Kearney with 13, McKinsey & Co. with 10, Bain & Company with 8 and Strategy& with 7 offers. 
Conglomerates such as Aditya Birla Group, Tata Administrative Services (TAS), C K Birla, Mahindra & Mahindra, Wipro Global, Reliance Industries Ltd, General Electric recruited in significant numbers for leadership and general management roles. Aditya Birla Group, with nine offers, was the highest recruiter in this sector.


Many students also chose sales and marketing functions. Major recruiters in this category were Procter and Gamble (11 offers), Hindustan Unilever Ltd (7), Johnson & Johnson (7), Mondelez (6), Asian Paints (5).  Prominent recruiter in the technology space was by Microsoft (7 offers). In the e-commerce sector, Amazon made 20 offers. 


Professor Ganesh Prabhu, Chairperson, Career Development Services, IIMB, said, “The absence of major e-commerce recruiters did not have an impact on the summer placement process due to the renewed interest from FMCG companies.”


IIMB is also simultaneously hosting the summer recruitment process for IIM Vishakhapatnam PGP class of 2016-18 with 60 per cent of applicants already placed. 
Like last year, the IIMB placement committee was involved in mentoring IIM Vishakhapatnam students in the run-up to the placement process.

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