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Consultants, IT firms pluck first batch of IIMV

Bengaluru, Feb 13,2016, DHNS: 2:10 IST
Mentored by the Indian Institute of Management Bangalore (IIMB), 48 students from the first batch (PGP class of 2015-17) of IIM Visakhapatnam (IIMV) got placed during the summer placements season that concluded on Friday.

The institute is one of the six new IIMs that started in 2015 and presently operating under the faculty mentorship of IIMB.

As many as 48 students were plucked by 33 companies while one student opted out to to pursue a start-up effort.

In the first phase, 31 students were placed when they participated in the summer placement process of IIMB in the first week of November 2015, and many companies selected students from both from IIMB and IIMV in the joint placement process. In the second phase, multiple recruiters visited the IIMV campus over a period of three months to recruit the rest of the students.

Professor Ganesh Prabhu, Chairperson, Career Development Services, IIM Bangalore, said: “The first batch of IIMV students rose to the challenge of securing internships within two months of joining, with regular IIMB recruiters making offers to IIMV students also.”

Ripusudhan Adhikari, Placement Representative, IIM Visakhapatnam, said: “Students had focused-targets in the sectors they wanted to intern with, and every student was able to achieve their target.”

Major recruiters in consulting were KPMG and Ernst & Young, who recruited IIMV students for their consulting division and transaction advisory, respectively.

The technology domain saw companies such as Xiaomi, Directi, Mindtree, Capgemini, Sutherland Global, Mphasis and SkyQuest recruiting the students.

Other recruiters included Internet companies such as Hopscotch, Furlenco, Indian conglomerates like Reliance ADAG, Jindal Group, public sector companies such as Vizag Steel, HPCL, Government of Andhra Pradesh, multinational pharmaceutical giant Dr. Reddy’s, investment advisory firms such as Lexicon Securities, Forum Synergies and start-ups such as Noida-based Zoukloans, Edusports and Grayroutes.

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