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MBA Placement 2010 - Key Recruiters at Top MBA institutes
| 7, May 2010
MBA Placements 2010 saw a swarm of MBA recruiters coming to IIMs and other Top MBA Institutes for Placements. Key Recruiters being Consulting & Investment Banks, hired MBA Students for jobs with good salary.
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MBA Placements 2010 saw a swarm of MBA recruiters coming to IIMs and other Top MBA Institutes for Placements. Key Recruiters being Consulting & Investment Banks.
IIM A
CLUSTER 1 (13-14 February, 2010).
More than 40 offers extended by Global Strategy Consulting firms, Global Niche Consulting firms, Global Investment Banks and Global Private Equity firms, the four cohorts that constituted this cluster.
Mckinsey & Co (8 acceptances including pre-placement offers), The Boston Consulting Group (8 acceptances including pre-placement offers), Monitor Group (5 acceptances), Bain and Company, Booz and Company, AT Kearney and Oliver Wyman went back satisfied with the quality of students recruited from IIMA.
International Offers: Similar to last year, this year also saw international offers being made to students of this institute. Goldman Sachs offered multiple roles in London while banks like Morgan Stanley, Citigroup and Deutsche Bank offered roles across Asia Pacific. In a marked development that probably is an indicator of conditions improving dramatically for IT firms, Cybage and Syntel Inc. made offers for their US operations. P&G, with 4 acceptances, continued with its trend of extending a majority of its offers for Singapore operations.
5% of the batch took up roles with marketing majors such as P&G, HUL, Nestle, Airtel, J&J, Nokia, Philips, Titan, Cadbury etc. Similarly, 13% of the batch took up roles with firms operating in the Systems domain with some of the star recruiters being Google, Inc. which offered Sales, Marketing, Account Management and Business Development roles, Microsoft, Amazon, Cognizant, Wipro, Mindtree and Rediff. Last but definitely not the least, General Management roles were offered by TAS, the Aditya Birla Group, Mahindra, Essar, Lodha Group and Philips amongst others.
IIM B
Some of the Slot Zero recruiters who visited IIMB this year were McKinsey & Co., Boston Consulting Group, Bain & Co., Booz & Co., A.T. Kearney, Diamond Consulting, Alvarez & Marsal, Nomura and Temasek Holdings. P&G, ITC and American Express were the prominent recruiters, making 6 offers each. Amongst the first-time recruiters, Narayana Hrudyalaya, the renowned inclusive healthcare group, offered senior level positions to 6 students.
15 companies visited IIMB for the first time this year. Several companies including Nomura, Temasek, P&G, Enzen, Arvin Meritor and UAE Exchange offered international positions to the candidates.
IIM C
More than 37% of the students chose to join the financial sector, with salaries considerably higher than last year. UBS continued to hire exclusively from IIM Calcutta. Leading global investment banks Goldman Sachs, JP Morgan, Nomura, Morgan Stanley, Credit Suisse, Royal Bank of Scotland and Macquarie Bank have all extended offers to students from the institute. Temasek Holdings, the investment arm of the Singapore government also hired from IIM Calcutta. IIM Calcutta was the only campus in the country where HSBC hired for both their global as well as Indian arms.
American Express hired for diverse profiles like business transformation, international risk management and for American Express Banking Corporation India, and extended offers to 6 students. The major recruiters in the financial sector were Yes bank and ICICI bank. Yes Bank extended a total of 13 offers while ICICI bank made 10 offers. Some of the other major recruiters included Allegro Financial Services, Standard Chartered, Edelweiss Capital and Citibank.
Consulting remained a preferred sector for students, with 27% of the students set to join consulting firms in offices across the world. Oliver Wyman made a total of 5 offers, which is more than twice the number of offers made at any other campus in India. They also recruited for their international offices in London, New York, Dubai and Singapore exclusively from IIM Calcutta. Other big recruiters were Mckinsey & Co, The Boston Consulting Group, A.T. Kearney, Bain & Co, Deloitte Consulting and Diamond Consultants. Opera Solutions hired exclusively from IIM Calcutta amongst all the IIMs.
Accenture Business Consulting made the highest number of offers in the consulting space with a total of 15 offers across 6 different roles, of which 11 offers were made during final placements and 4 during the lateral placements. Cognizant Business Consulting extended 14 offers to students during the laterals process.
Hindustan Unilever, Procter & Gamble and Nokia were back this year, offering marketing profiles, with Hindustan Unilever making 5 offers, Procter & Gamble making 4 offers and Nokia extending 3 offers. Johnson & Johnson made 4 offers at IIM Calcutta. Some of the other leading brands which hired from IIM Calcutta for marketing profiles include ITC, Godrej, 3M and Medtronic.
IIM Indore
This year also witnessed the return in large numbers of known names from India Inc: the TATA group, ICICI Bank, Larsen & Toubro, Suzlon Energy, Adani Group, ITC, Bajaj Auto and Mahindra & Mahindra were represented by multiple offers on campus. Global recruitment partners like Deutsche Bank, HSBC, Standard Chartered Bank, Deloitte Touche Tohmatsu and Procter & Gamble were present on campus as well, hiring a sizeable chunk of the participating batch offering lucrative profiles.
IIM K
Finance again emerged on top in terms of student interest. Firms such as Nomura, Goldman Sachs, Deutsche Bank, Bank of America-Merrill Lynch, JP Morgan, Standard Chartered, HSBC, Citi, RBS and American Express took part in Final placements this year.
Indian firms weren’t far behind their foreign counterparts. Participation was witnessed from a host of industry leaders such as Yes Bank, ICICI Bank, Axis Bank, Indus Valley Partners, IDBI, Futures First, Aranca, Irevna, Bajaj Finance, ICRA, IFCI, FINO, SBI Capital etc. Multi-national industrial houses like L&T and Essar also made offers to students in the financial domain.
Consulting firms were back with a vengeance this season. Firms like Mckinsey & Co., Accenture Business Consulting, KPMG, Deloitte, PricewaterhouseCoopers, Bristlecone, Hewitt, Cognizant Business Consulting, Droege, Gallup Consulting, Directi etc. participated in the process this year.
The FMCG sector which predominantly offered roles in Sales & Marketing and Operations: ITC, Kelloggs, Pepsi, HCCB, Marico, Coca Cola, Amul and Britannia among others.
In the broader marketing domain, firms such as Pfizer, Sony Entertainment Television, Raymond, Titan, Virgin, Suzlon, Arvind Brands, Sony Entertainment, Tata Motors, Thomas Cook and VIP Bags made offers to several marketing enthusiasm.
Prominent names from the IT domain including TCS, Wipro, Infosys, IBM, Mindtree, iGate, NIIT, HCL, Tech Mahindra etc.
IIM L
Among the key recruiters were McKinsey and Co., Procter & Gamble, Hindustan Lever, Aditya Birla Group, Deutsche Bank, Deloitte and KPMG.
XLRI
XLRI’s position as a destination for premier finance roles stays, with 28 % of the total offers coming from the financial sector. Global finance majors such as Goldman Sachs, Nomura Holdings and Edelweiss offered roles in the areas of asset management and equity research. Banks such as Deutsche Bank, Citibank, HSBC, Standard Chartered, ICICI, Axis Bank and YES Bank offered roles in the treasury and foreign exchange desks as well as in their corporate and retail banking functions. The offerings of domestic investment banks led by Centrum and SBI Capital Markets generated a lot of interest among the students. This year saw aggressive participation from the insurance sector in the product development and distribution functions lead by Aviva Life Insurance. Corporate finance roles were offered by Hindustan Unilever, Cadbury, L&T and Tata Steel among others.
Marketing has drawn renewed interest from the students and was the most sought after profile with 30% accepting offers. The class of 2010 was offered diverse opportunities in the areas of branding, marketing and sales functions by FMCG majors like Procter & Gamble, Hindustan Unilever, Johnson & Johnson, GlaxoSmithKline, ITC, Asian Paints, Nestle, Cadbury, Marico, Reckitt Benckiser, Britannia, Pepsi, Castrol, Biocon and Amul. The optimism across the economy was reflected by the intense participation from companies across diverse sectors like BhartiAirtel, Virgin Mobile, Cummins, Igate and BHEL.
XLRI strengthened its relationship with Consulting Prima Donnas with 25 % of the students entering the Campus Recruitment Program receiving top notch Consulting offers from McKinsey & Co., Accenture Business Consulting, Tata Strategic Management Group, Ernst & Young, Mercer Consulting, Hewitt Associates, KPMG, Deloitte Consulting, Cognizant Business Consulting & Wipro Consulting for roles in Business Advisory, Strategy and Human Capital Advisory in India and overseas.
This year, TAS, Aditya Birla Group, Mahindra & Mahindra, RPG Group, Hinduja Group, Manipal Group and Murugappa group made over 15% offers in several middle management positions.
Various specialized roles were offered in HR such as one by the Global Pharmaceuticals major, Novartis offering its prestigious HR Leadership Role at Basel, Switzerland exclusively to XLRI, making the highest international offer of $110,000.
FMS
Commercial Banks were the single biggest recruiters with more than 20 offers. These included Standard Chartered, CitiBank, HSBC, Axis Bank, Yes Bank, ICICI Bank among others for a variety of profiles. In addition, Investment banks like Lazard, Nomura, JP Morgan, SBI Capital provided excellent opportunities to students who chose to make a career in the field of Finance.
Consulting firms made a sizeable presence with Accenture Business Consulting, CEB, Deloitte, HCL Infosystems, Hewitt Associates, KPMG, Technopak all picking up students for roles across the country.
Marketing profiles were well represented with all the major FMCGs like HUL, P&G, ITC, Cadbury, Britannia, Dabur, Godrej, Reckitt Benckiser, Pepsico maintaining their strong association with FMS. In addition, Airtel, Microsoft, Eli Lilly, among others provided options in non FMCG marketing roles.
The Operations and IT domain had good representation in the form of Bristlecone, DirectI, Infosys, Wipro etc.
TAS, Mahindra and Mahindra and Essar Group continued their relationship with the institute and recruited in big numbers for General Management roles.
IIFT
Some of the major recruiters this year included the Triton Group, Cognizant Business Consulting, KPIT Cummins, Infosys, Tata Motors, ICICI Bank and Bertling Logistics.
Traditional recruiters: The traditional recruiters like Louis Dreyfus, Nomura Holdings, Tata Motors, Cognizant Business Consulting, KPIT Cummins, Tata Steel, TCS, Wipro, Colgate Palmolive, Reckitt Benckiser, Mahindra & Mahindra, Essar, Bertling Logistics, Bharti Airtel, ITC, HT Media, Axis Bank, ICICI Bank, Titan, Yes Bank, Eli Lilly, Maersk, Britannia, Infosys, Cargill India, etc. were back on campus.
A number of companies like Amazan Agro, Daimler India, ONGC, Johnson & Johnson Medical Systems, Religare, Tata International, Jaypee Capital, ICICI Securities, Cairn Energy, SBI Capital, Gati, GE Corporation, MARG Group, Interglobe, Vistasoft etc. came for the first time to recruit from IIFT.
MDI
This year students received offers from major recruiters like P&G, TATA Sons, Bharti Airtel, Reckitt Benckiser, Goldman Sachs, JP Morgan & Chase, Standard Chartered, Citigroup, Essar, RPG, Hewitt, Ernst & Young, KPMG, Oracle among others that have regularly participated in the placement process. In addition to these, this year many new companies recruited from the campus for the first time increasing the tally of recruiters by around 20 per cent over last year. Some of the prominent ones among these are UB Group, Virgin Mobile, Royal Bank of Scotland, Keane India, Deloitte, Mindtree among others.
SPJIMR
Some of the companies that participated in the placement process include JP Morgan Chase, ITC, IBM, TCS, Cognizant, Accenture, L&T and others.
JBIMS
Regular recruiters such as McKinsey, Deloitte, Citibank, Standard Chartered Bank, JP Morgan Chase, ICICI Bank, Axis Bank, Hindustan Unilever, Procter & Gamble, ITC, Britannia, Dabur, Johnson & Johnson, Pfizer hired. Procter & Gamble, Bloomberg, Jumbo Electronics and Triton offered international profiles. There was a surge in the number of new recruiters with 21 companies participating in the placement process for the first time this year. Some of these companies were Bloomberg, Barclays Wealth, UB Group, Novartis, Janssen-Cilag, DHFL and IFMR.
DMS, IIT D
Amongst major recruiters were Investment Banks such as Nomura, SBI Caps and JP Morgan Chase; top notch financial recruiters such as American Express, PricewaterhouseCoopers and Citibank; leading FMCG companies like Procter & Gamble, Reckitt Benckiser, Hindustan Coca Cola Beverages Private Limited, Marico and Johnson & Johnson; and industry conglomerates including RPG, General Electric (GE) amongst many others. Aspirants in the consultancy domain saw a slew of offerings from prime firms such as Deloitte Consulting, Infosys, Cognizant Technology Solutions and IBM etal. In addition, the process saw several PSUs/PSBs such as SBI, BHEL, Shipping Corporation of India, Bank of India offering distinguished profiles.
NITIE
Top 5 recruiters were Proctor and Gamble, HUL, HSBC Bank, Accenture and JP Morgan Chase.
XIMB
XIMB saw regular recruiters like Cognizant, OLAM International, HCCBPL, Deloitte, UB Group, Vodafone, Infosys, HP, Tata Corp HR, TCS, HSBC, Wipro, Axis Bank, Dr Reddy’s, Essar Group, Societe Generale, ICRA, Tata Steel, Fidelity, Mahindra, Idea, SBI, Tata Tele Services strengthen their relationship with XIMB. New recruiters were Nokia, Dell, RBS, Religare, Daimler, Vista Soft, AATCO.
TAPMI
Top 5 recruiters were Infosys, Cognizant, ICICI Bank, Genpact and Citigroup.
SJMSOM
JP Morgan Chase, Nomura, HSBC, YES Bank, MSCI Barra, ICICI Bank, SBI Caps, Kotak Mahindra Bank and Irevna offered profiles like Investment Banking, M&A, Corporate & Institutional Banking, International Banking, Risk Management, Corporate Finance, Equity research, Project Advisory and Structured Finance to approximately 20% of the graduating students.
Around 26% of the batch opted for consulting roles with leading consulting firms that included Deloitte, Accenture, Avalon, Bristlecone, Feedback Ventures and IMRB. The Placement Process became more significant by Global eProcure offering its SCM profile and Business Performance Services profile by KPMG.
Johnson & Johnson made multiple offers for its operations profile. Reckitt Benckiser dominated the Marketing domain. P&G, Coca Cola, Colgate Palmolive, Marico, Dr. Reddy’s Laboratories and Cadburys were among the other recruiters who selected the best of the lot.
Companies like ABB, RPG, Tata Motors, UB Group, Coal India and Cummins made offers for their marketing and operations profiles.
Varied lateral profiles that ranged from Business Analyst to Project Management were offered by the IT majors like Cognizant, KPIT Cummins, Wipro, Infosys, Ocwen etc.
Idea Cellular, Lodha Group, SCI and Coal India, offered multiple profiles like General Management, analytics and infrastructure advisory. Energy advisors were recruited by Feedback Ventures.
SIMSREE
It was the Banking sector that ruled the Placements Season 2010 at SIMSREE with more than 45% of offers being made by the finance sector. Citibank, Bank of America (BACS), Royal Bank of Scotland (RBS), ICICI Bank, YES Bank, Kotak Mahindra Bank, IDBI Bank, Central Bank of India, State Bank of Hyderabad and Bank of Baroda participated in the recruitment process. Several top financial providers included JP Morgan Chase, Religare Enterprises, HDFC Ltd., CRISIL, ICICI Prudential AMC and Tresvista Financials Services. The students were offered hefty profiles by other firms like ICICI Securities, ICRA Online, Centrum Finance, Darashaw & Co., HDFC Securities, First Global Finance and CMIE.
Godrej & Boyce, Novartis, Infinity Retail (TATA Croma), Idea Cellular, Bharti Airtel, Jindal Steel & Power, BSH (Bosch und Siemens Hausgerate) Home Appliances made offers in diverse profiles that ranged from Market Research to branding and modern trade management to Retail as well as Sales and Business Development. The students were offered positions in Sales and Supply Chain Management (SCM) by Pepsi Co (Frito Lay Division) and Reckitt Benckiser. The recruitment for research analyst and client service roles was made by Nielsen Bases, IMRB, Synovate and TAM Media Research. The Future Group Arm, Alia Group and market consulting firm Direxions made offers in branding and marketing strategy. Terracon India offered a role in Business Development.
The roles in the area of General Management were offered by companies like Vedanta Resources PLC, SKF Group, Thomas Cook, Reliance Infrastructure, Dicitex Décor and Galaxy Surfactants. Good position in corporate strategy and planning with designation as Executive Assistant (EA) to CEO was offered by Mid-Day Group.
A number of Consulting roles across sectors like IT, Infrastructure Advisory, SCM and Management Consulting, were offered to the students at SIMSREE. Infosys Technologies, Dun and Bradstreet, Global e procure, Technopak Advisors, ABPS Infrastructure, Astute Consulting and Alchemist Ark, were some of the participants in the Placements Season.
Tata Consultancy Services (TCS), Infosys, Wipro, HCL, Patni Computer Services, Godrej Infotech, Helix Technologies, KPIT Cummins and L&T Infotech participated in lateral recruitment process.
The Media & Entertainment sector saw participation from Zee Entertainment, NDTV Media, Balaji Telefilms, Times Group, Mid-Day Group, Madison Media and Network 18.
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