Vice-President Jagdeep Dhankar inaugurates MDC block on IIM Bangalore’s second campus
Vagisha Kaushik|Mar 1, 2023
NEW DELHI: All 529 students of Indian Institute of Management (IIM) Bangalore who participated in summer placements 2022 for PGP and PGP in Business Analytics (PGP-BA) batch of 2022-24 have been placed with a total of 539 internship offers in two days. Consulting domain made the highest number of offers being 232.
In the consulting domain, Accenture led by 41 offers, followed by McKinsey & Company (22) and Bain & Company (20). Top recruiters included Tata Consultancy Services (18), Boston Consulting Group (17), Kearney (16), EY (15), Strategy& (14), GEP Worldwide (10), PricewaterhouseCoopers (9), Alvarez & Marsal (7), and FinIQ Consulting (7). Other recruiters included Arthur D. Little (6), KPMG (6), Visa (5), Miebach Consulting (4), Auctus Advisors (3), NRI Consulting (3), Simon Kucher & Partners (3), and others (7).
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Finance domain made a total of 73 offers. Among banks, Citibank made the maximum of seven offers followed by Goldman Sachs (6), IIFL Securities (6), JP Morgan Chase & Co. (6), Barclays (4), Standard Chartered (4), Avendus Capital (3), Axis Bank (3), Lincoln International (3), and Rothschild & Co. (3). Other recruiters included Deutsche Bank (2), Edelweiss (2), Faering Capital (2), Piramal Alternatives (2), UTI AMC (2), Varma Capital (2), and others (16).
67 offers were given to students in general management positions with Tata Administrative Services leading with eight offers, followed by Adani Group (7), Mahindra & Mahindra (5), Sun Pharmaceuticals (5), Aditya Birla Group (4), Prodapt (4), Puma (4), Vedanta (4), Aliens Group (3), Bajaj Finserv (3), RPG Group (3), AB InBev (2), Arcelor Mittal Nippon Steel (2), Capgemini (2), CK Birla (2), Dr. Reddy’s Laboratories (2), Reliance Industries Limited (2), and others (5).
Management students going for sales and marketing roles received 58 offers and were recruited by major consumer goods firms led by Asian Paints (5), Airtel (4), Pidilite (4), P&G (4), Wipro (4), Zepto (4), Bajaj Auto (3), Coca-Cola (3), ITC (2), Mondelez (2), Nestle (2), and Vodafone (2). Other recruiters included Saint Gobain (7), Marico (1), Tata Play (1), and others (10).
Top companies from the Information Technology and IT or product management domain which participated in the summer placement drive and made 50 offers are Samsung R&D (5), DP World (4), Pine Labs (4), JustDial (4), Walmart Global Tech (4), Atlassian (3), Info Edge (3), Disney Star (2), PhonePe (2), Piramal (2), and others (17).
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The E-commerce and Operations domain made a total of 36 offers including companies like Amazon (24), Flipkart (5), Uber (5), and DP World (2).
Analytics roles witnessed an increase in numbers compared to last year, to 22, with the major recruiters being American Express (6), Kotak Mahindra Business Analytics (3), D.E. Shaw (2), EXL Service (2), and others (9).
Professor Debolina Dutta, chairperson, career development services and faculty in organizational behavior and human resources management said that the summer placement process for the PGP, PGP-BA 2022-24 batch was a great success.
Harsh Agrawal, placement representative, said, “This placement process witnessed an increase in high paying offers across sectors. Consulting continued to be the most sought-after domain accounting for more than 40% of all offers. The recruiter participation in the private equity and venture capital domain more than doubled, vis-à-vis last year. The number of international offers also increased significantly.”
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