No GST, Demon impact on IIM Summer Placements: IIM Ahmedabad, IIM Bangalore and IIM Calcutta see record offers

Tuesday, November 07 2017
IIM Summer Placements
While the economy may have slowed down from 7.5-8.0% to about 5.5-6.0% due to impact of GST and Demonetization, but Placements at IIMs are off to a good start. Summer Placements held last week at IIM Ahmedabad, IIM Bangalore and IIM Calcutta saw record offers.
The first cluster of the Summers Placement process for the PGP class of 2019 was held on November 6 at IIMA. More than 35 firms participated in Cluster 1.

While the economy may have slowed down from 7.5-8.0% to about 5.5-6.0% due to impact of GST and Demonetization, but Placements at IIMs are off to a good start. Summer Placements held last week at IIM Ahmedabad, IIM Bangalore and IIM Calcutta saw record offers from top companies like McKinsey, Accenture, Bain & Co and many others. Summer Placement trends assume greater significance as companies utilize this opportunity to evaluate candidates and give them Pre-Placement Offers for Final Placements immediately after their summers are over.

Important links:

MBAUniverse.com presents a round-up of IIM Summer Placements 2017-19. 

IIM Ahmedabad conducts Summer Placements in 3 Clusters: 35 top companies in Investment Banking, Consulting, Private Equity hire in Cluster 1

Indian Institute of Management, Ahmedabad is organizing Summer Placements in three clusters in November.

The first cluster of the Summers Placement process for the PGP class of 2019 was held on November 6 at the Indian Institute of Management, Ahmedabad. More than 35 firms participated in Cluster 1. The companies that visited campus in Cluster 1 comprised various cohorts including investment banking and markets, management consulting, as well as private equity, venture capital and hedge funds.

Accenture Strategy was the top recruiter with 19 offers. The prominent recruiters in the consulting domain included A.T. Kearney, Bain & Co., McKinsey & Co., Monitor Deloitte, Strategy& and The Boston Consulting Group, among others. Prominent recruiters in the investment banking and markets space include Bank of America Merrill Lynch, Citibank, Credit Suisse, Goldman Sachs, HSBC, JP Morgan, and Morgan Stanley. Avendus Capital and Citibank made 5 offers each across various roles. IIMA saw active participation in the PE and VC domain this year with Kedaara Capital, Multiples Equity, Temasek and True North participating, among others. DSP Blackrock and Balyasny Asset Management were some of the asset management firms which participated in this year’s process.

Clusters 2 and 3 will be held on November 9 and November 12 respectively.

IIM Bangalore completes 100% Summer Placements; Strategy Consulting firms top recruiters

The summer placement session for the class of 2017-19 of the two-year postgraduate programme at Indian Institute of Management Bangalore was held from October 29 to November 1 and saw 90 offers by strategy consultants. Strategy consulting firms were the top recruiters at the IIMB’s summer placement season. Accenture Strategy topped the list of recruiters with 14 offers, followed by AT Kearney and Boston Consulting Group with 13 each. Students also received offers from Bain & Co., Deloitte, McKinsey & Co. and Alvarez Marsal.

Over 130 companies made offers to 401 students across positions in strategy consulting, analytics, investment banking, product management, category management and IT consulting among others.

E-commerce technology as well as sales and marketing were the other key domains which witnessed hiring with 54 and 51 offers, respectively. While Amazon hired 27 trainees and Samsung 6, AB Inbev and Hindustan Unilever led the sales and marketing segment with seven offers.

The financial markets domain was led by Aditya Birla Group, Goldman Sachs, Vedanta, Barclays, Citibank, JP Morgan and Mahindra & Mahindra, among others.

IT consulting saw 23 offers with PwC Technology, Microsoft and Cognizant being the key recruiters in this segment.

General management positions continued to be popular with 38 offers made by organizations like Aditya Birla Group and Mahindra & Mahindra.

IIM Calcutta completes 100% summer placements in just two days

IIM Calcutta has completed the summer placement process for the 2017-2019 batch and has achieved 100 per cent placement within just two days.

A total number of 180 firms across diverse sectors had come to IIM Calcutta for the summer placements. NITI Aayog also visited the campus and made five prestigious offers, it said.

A total of 188 offers amounting to 41 per cent of the total batch were from finance and consulting sectors, IIM Calcutta said.

While Goldman Sachs made the highest number of offers in finance, the Boston Consulting Group was the top recruiter in consulting in terms of hiring number of students, it said. Students also got placements in other major sectors like marketing, general management, e-commerce, operations and product management. Coke, Uber and Aditya Birla Group were the top recruiters in Marketing, Operations and General Management respectively.

Earlier, as reported by MBAUniverse.com on October 23, XLRI Jamshedpur had completed its Summer Internship Placement Process of 2017 in just two days. The batch of 2017-19 consisting of 364 students has achieved 100% placement. The median and average stipend at XLRI has increased by over 20%, and the highest stipend has gone uptoRs. 5 lakhs for two months.

Stay tuned to MBAUniverse.com for latest updates from IIMs and Top B-schools.

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MBA/PGDM Admissions 2018 Open - Important Dates
For your benefit, MBAUniverse.com has listed important MBA/PGDM Admission Application Deadlines. Check now: 

XLRI – XAT 2018
Application to XAT is open till November 30 without late fee and till December 15 with late fee

MDI Gurgaon
Application for PGPM 2018-20 at MDI Gurgaon is open till November 24, 2017

IMI New Delhi
Application for PGDM 2018-20 at IMI New Delhi is open till December 4, 2017

IMT Ghaziabad
Application for PGDM 2018-20 at IMT Ghaziabad is open till November 24, 2017

XIM Bhubaneshwar
Application for MBA 2018-20 at XIM Bhubaneswar is open till December 8, 2017

SCMHRD, Pune – SNAP 2017
SNAP 2017 registration is open till November 24, 2017

Great Lakes Chennai and Gurgaon
The application for 2 years PGDM 2018-20 is open till Feb 25, 2018
Application for 1 year PGPM 2018-19 is open till Nov 30, 2017

KJ SIMSR Mumbai
Application for PGDM 2018-20 at K J Somaiya is open till January 31, 2018

GIM Goa
Application for PGDM 2018-20 at GIM Goa is open till January 3, 2018

LIBA Chennai
Online Application for PGDM 2018-20 at LIBA is open till January 31, 2018 at a cost of Rs.1500/-

IBSAT 2017
Application to IBSAT 2017 is open till December 12, 2017

CIMP Patna
Application for PGDM 2018-20 at CIMP is open till March 2nd week, 2018

SDMIMD Mysore
Online & offline Application for PGDM 2018-20 at SDMIMD is open till February 28, 2018 with application fee of Rs.1250/-

SOIL Gurgaon
Application for PGP 2018-19 at SOIL is open till February 25, 2018

SIBM Hyderabad – SNAP 2017
To apply to SIBM Hyderabad, apply to SNAP 2017 on Dec 17 and also apply to SIBM-H in the SNAP Form

SIBM Bengaluru
To apply to SIBM Bengaluru, apply to SNAP 2017 on Dec 17 and also apply to SIBM-B in the SNAP Form

 

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