IIM Bangalore records 100% placement with 606 offers despite market slowdown

IIM Bangalore placements 2023: IIMB records 100% placements in domains such as finance, consulting, sales, marketing, analytics and operations.

IIM Bangalore placements. (Pictured: Official Website)
IIM Bangalore placements. (Pictured: Official Website)

Ishita Ranganath | February 18, 2023 | 12:09 PM IST

NEW DELHI: The Indian Institute of Management Bangalore (IIM-B) concludes lateral and final placements for post graduate programme (PGP) and PGP in Business Analytics (PGP-BA) batch of 2021-23. A total of 512 students received 606 offers in the two-day placement process.

The recruiters at IIM Bangalore placements 2023 recruited students in job roles for domains such as consulting, IT, product management, finance, general manager, sales and marketing, operations and analytics.

Also Read | IIT Bombay Placements: Most BTechs get ‘much smaller packages’ than crore-plus salaries, says study

Sector-wise IIM Bangalore placement

Consulting

Consulting companies made 221 offers led by Accenture with 32 offers, followed by Boston Consulting Group with 26 offers. Top recruiters included Bain & Company, Tata Consultancy Services, McKinsey & Company, Kearney, Ernst & Young, PricewaterhouseCoopers, Alvarez & Marsal, Oliver Wyman, Deloitte, Monitor Deloitte, Strategy& Middle East, GEP Consulting, Samagra Consulting, Strategy & India and Arthur D. Little.

Information Technology and product management

Prominent recruiters in the Information Technology and Product Management domain were Paytm, Microsoft, Cogoport , Jio Platform, NatWest Group, Cisco, Amagi, BrowserStack, Tata Play, Zomato (3), Myntra (2), and ZEE Entertainment.

Also Read | IIM Ahmedabad PGP Placements 2023: McKinsey and Company top recruiter with 18 offers in cluster 1

Finance

Finance domain received 75 offers banks such as Kotak Mahindra Bank, Avendus Capital, Citi Bank, IDFC First Bank, Piramal Retail Finance, Barclays, HSBC Bank, Essar Capital, ICICI Bank, Standard Chartered along with 16 offers received from other financial institutions.

General Manager position

Conglomerates recruited 86 students in the general management position with Adani Group and Vedanta leading with 8 offers each followed by Lodha Group, DTDC, Brillio, CK Birla, RPG Group, Tata Steel, Capgemini, Infosys Europe, NPCI, Reliance Industries, Tata Administrative Services, Bajaj Finserv, among others.

Sales and marketing

The sales and marketing domain received a total of 67 offers and students were recruited by companies such Asian Paints, Samsung India, Navi, Nestle, ITC, Procter & Gamble., Coca-Cola, Haleon, HCCB, IBM, Mastercard, Tata Steel, Wipro Consumer Care, Airtel, Dabur, Hindustan Unilever, Kimberly Clark and Philips India.

Operation and analytics

Operation and analytics sector saw a total of 50 recruitments where operations domain has 35 offers with companies such as Cogoport, OLA Electric, Uber, NatWest Group, Delhivery and Five Holdings. Meanwhile analytics sector received offers from companies like American Express leading with 16 offers, followed by EXL Services, Capital One, Cargill and JPMC.

Speaking about pre-placement offers, IIMB, career development services, Debolina Dutta, Chairperson, said: “Our students received offers from reputed companies despite a slowdown in the market. The large number of pre-placement offers that were made to our students, after their summer internship, is proof of the calibre and potential of our students. We are confident that they will shine in all spheres and make the Institute proud.”

Meanwhile, speaking about the international participation at this year's placements IIMB, career development services, manager, Bhagyalaxmi, said: “This season also witnessed the participation of companies from overseas locations like Europe, Dubai and Singapore with offers across Consulting, Finance and Business Strategy roles.”

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