IIM Bangalore summer placement 2015 concludes; takes along IIM Visakhapatnam

Thursday, November 05 2015
Summer Placement for PGP 2015-17 batch at Indian Institute of Management Bangalore who also hosted the process for IIM Visakhapatnam witnessed the participation of the top recruiters across all sectors with renewed vigor
Summer placement process witnessed the participation of 410 eligible students and more than 150+ companies came to hire students for summer stint in multiple roles

Summer Placement for PGP 2015-17 batch at Indian Institute of Management Bangalore (IIMB) who also hosted the process for IIM Visakhapatnam witnessed the participation of the top recruiters across all sectors with renewed vigor. The placement was over on November 3, 2015. Being the mentor of IIMV, IIM Bangalore is also simultaneously hosting the summer recruitment process for IIM Visakhapatnam PGP Class of 2015-2017 with around 60% of applicants already placed. IIM Bangalore Placement Committee was also involved in the mentorship of IIM Visakhapatanam students in the run up to the placement process.

Dream Company choice
Introduction of Dream Company choice, for the first time in IIM Bangalore placements, was the major highlight of this Summer Placement season. Recruiters such as Tata Administrative Services, Aditya Birla Group, P&G, ITC, Hindustan Unilever were chosen by students with offers as their dream company.

410 students offered roles by 150+ recruiters 
This year the summer placement process witnessed the participation of 410 eligible students and more than 150+ companies came to hire students for summer stint in multiple roles such as Consulting, Investment Banking, Markets, Corporate Banking, Sales & Markets, Business Leadership, Product Management, Operations, Category Management, and General Management.

Another striking feature of the process was that more than 30 firms visited IIMB for hiring for the first time. Some of these included Anheuser Busch Inbev, Aurionpro, Fidelity Worldwide Investment, India Value Fund, Lenovo, LightBox Ventures, Texas Instruments, Nirvana Ventures, Myntra, Uber, Walmart Labs and Novartis. Temasek Holdings renewed hiring from IIM Bangalore again after a gap of more than 5 years.

IIM Bangalore played host to most big international banks such as the Goldman Sachs, HSBC, Barclays, JP Morgan, Bank of America Merrill Lynch, Deutsche Bank, Citibank, Development Bank of Singapore and Standard Chartered on the first day of the Summers Placements. Private Equity/Venture Capital roles by Blackstone, IDG Ventures and Brand Capital were offered to the students. India Value Fund, Nirvana Ventures and LightBox Ventures were some of the first time recruiters in this domain. A host of Indian banks and financial institutions such as Avendus Capital, Axis Bank, ICICI Bank, Yes Bank and Edelweiss also made offers during the Placement process.

Top recruiters
The Boston Consulting Group made 22 offers which was also the highest number of offers ever made by it across Indian campuses. Accenture Management Consulting with 16 offers and Mckinsey & Co. with 12 offers were also top recruiters this year. Around 30% of the entire batch received offers in the consulting sector, which also included reputed names like Bain & Company, Strategy&, A T Kearney, Roland Berger, Alvarez & Marsal, PWC Diamond, Capgemini, IBM Consulting, Cognizant Business Consulting and GEP Consulting. Other prominent recruiters in this space were EXL Services, Ernst & Young, KPMG and PricewaterhouseCoopers.

Conglomerates such as Aditya Birla Group, Tata Administrative Services (TAS), Mahindra & Mahindra, Wipro Global, Reliance ADA Capital, Shell, General Electric recruited in significant numbers for leadership and general management roles. Aditya Birla Group with 13 offers was the highest recruiter in this space.

Many students also chose to go to Sales and Marketing functions, and were extended offers by major consumer goods and services firms. Major recruiters in this category were Mondelez, Asian Paints, Hindustan Unilever, Phillips, Coca Cola, ITC, Times Group, Johnson & Johnson, Pepsi, Uber and Wipro Consumer Care among others. Telecom majors Vodafone and Bharti Airtel also made a number of offers in this domain. The major retail firm from Middle East – M.H. Alshaya – also recruited in good numbers this year.

Prominent recruiters in the technology space included Microsoft, Microland, WNS, MindTree, Texas Instruments, Sutherland Global, Walmart Labs, Lenovo, Juniper Networks and Directi among others. In the IT consulting domain, all prominent recruiters like IBM and Capgemini visited the campus.

The E-Commerce space also saw heightened interest with Amazon, Flipkart, Snapdeal, Hopscotch, Uber, Myntra, Ola Cabs, Quikr, Infoedge, LinkmySport and Channelplay participating in the summer recruitment process.

Commenting on the occasion, Professor Ganesh Prabhu, Chairperson, Career Development Services, IIM Bangalore, said: “The Summer Placement Process 2016 successfully concluded today and was very well received by the recruiters. Many of them ended up doubling their usual number of offers based on the talent pool available in IIM Bangalore.” Ankur Agrawal, Placement Representative said: “Consulting firms continued their preference towards hiring IIMB students with some of them making unprecedented number of offers. Also, marquee and first time PE/VC recruiters added to the quality of offers rolled out to the students.”

A 100-acre oasis in south Bangalore, the Indian Institute of Management Bangalore (IIMB), with its all-stone architecture, lush verdant woods and landscaped gardens, provides an idyllic environment to engage in management studies, academics and learning. IIM Bangalore has world-class infrastructure that facilitates excellence in teaching, research, consulting and other professional activities. It is one of the few campuses to use the Moodle learning management system, which acts as an interface between the students and the faculty.

IIM Bangalore is a Wi-Fi enabled campus. The Computer Centre is available for use round the clock. Printer facility is provided at the Computer Centre as well as in the hostel blocks. High speed Internet, highly resourceful intranet, sharing software, and internal messenger make all work easy and quick.

IIM Bangalore is EQUIS accredited B school. The accreditation is an indication that recognized institutions satisfy international standards. It is the first B-School in Asia to sign an agreement with Harvard Business Publishing (HBP) to distribute faculty teaching cases. 

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