JOIN USConsultancy takes the cake at IIMB this placement season
Consultancy was a big draw for the PGP (post graduate programme for management) class of 2014-16 of the Indian Institute of Management Bangalore (IIMB) at the end of the final placement season.
More than 30 per cent of the entire batch received offers in this sector, which included big names such as The Bain & Company (17 offers), Accenture Strategy (16), Deloitte (14), The Boston Consulting Group (13), A T Kearney (11) and McKinsey & Co (8). Other top recruiters included the likes of Roland Berger, Alvarez & Marsal, GEP Consulting, Strategy&, KPMG, PricewaterhouseCoopers, ZS and EXL.
Prof Ganesh N Prabhu, chairperson, Career Development Services, IIMB, said, “Even though there was a slight dip in e-commerce hiring, the consulting firms hired in larger numbers and helped accelerate the placements.”
This year, the placement process saw participation of 409 eligible students and over 160 companies with more than 450 offers across 200 plus job profiles being made. As many as 139 pre-placement offers (PPOs) were made before the final placements.
Two students had foregone their PPOs which included an offer from a leading multinational financial services corporation, to continue their entrepreneurial venture. The lateral placement season for candidates with more than 22 months of work experience saw a total of 136 offers being made by firms in varied domains. Five students opted out of the placement process and about 18 students were offered international placements from various firms for global locations.
Many students also chose to go to sales and marketing functions, and were extended offers by major consumer goods and services firms. Companies such as P&G (7 offers) and Hindustan Unilever, ITC, Mondelez International, Coca Cola, PepsiCo, Johnson & Johnson, Marico and Asian Paints were the major recruiters in this category. Major retail firm from the Middle East - Alshaya - recruited nine students this year for this profile. Telecom majors like Vodafone and Bharti Airtel also made a number of offers in the same domain.
Conglomerates such as Aditya Birla Group (11 offers), Tata Administrative Services (TAS), Reliance Industries Ltd, recruited in significant numbers for leadership and general management roles. e-commerce firms Amazon and Flipkart made 16 and 11 offers, respectively. Other prominent e-commerce recruiters included Uber, Ola Cabs, Paytm, and Urban Ladder.
The technology space was represented by companies such as Microsoft, Samsung and Infosys. In the IT consulting domain, all prominent players like IBM and Capgemini recruited from the campus.