IIM Bangalore Placement 2020: 428 Students get 518 Offers; Accenture, Boston Emerge Top Recruiters

MBAUniverse.com News Desk |
February 14, 2020
IIM Bangalore has concluded final placement for the class 2020. 428 students received 518 placement offers. Consulting emerged as the top recruiting segment with Accenture making 26 offers and Boston Consulting making 23 offers. The placement data for salary packages will be released by IIMB later.
IIM Bangalore Placement 2020

IIM Bangalore Placement 2020 witnessed 518 offers rolled out for 428 participating students. The Placement season at IIM Bangalore has got over with consulting companies emerging as top recruiters with 147 placement offers. Accenture emerged as the top recruiter with 26 offers folloed by Boston Consulting with 23 offers. Placement 2020 at IIM Bangalore included both Lateral and Final Placements for the PGP class of 2018-20

Consulting companies made 147 offers led by Accenture with 26 offers, followed by The Boston Consulting Group with 23 offers. Top recruiters included Bain & Company (20), Kearney (15), McKinsey & Co (14), GEP Consulting (7), Strategy& (5), Alvarez & Marsal (5) and EY-Parthenon (1). Other recruiters included KPMG (7), Nomura Research Institute (4), IBM Consulting (4), Gartner (4), Oliver Wyman (3), Auctus Advisors (2), Ernst & Young (2), Vector Consulting (2), Infosys Management Consulting (2) and L.E.K. Consulting (1). In addition, there were 27 offers in the Technology consulting domain with PricewaterhouseCoopers making the maximum of 12 offers.

Prominent recruiters in the information technology and IT product management domain, who made 38 offers are Microsoft IDC (10), TCS (6), Razorpay (3), Sprinklr (3), Amagi Labs (2), Browserstack (2), Byju’s (2), Cisco (2), Infoedge (2), Moonfrog (2),  Tech Mahindra (2), Google (1) and ValueLabs (1). The 32 offers made in the fast-growing E-commerce space included Amazon (20), Flipkart (4), Paytm (4) and Prione (4).  

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There were 42 offers overall in the Finance domain. Among banks, Goldman Sachs made the maximum of 8 offers followed by Avendus Capital (5), JP Morgan (5) and Allianz Benelux (3). Other recruiters also included IDFC First Bank (4), Bharti Financial Services (3), ICICI (3), Kotak Mahindra (3), Wells Fargo (3), HCL (2) Landmark (1), Motilal Oswal Group (1) and Prime Ventures (1).

Conglomerates recruited for their leadership tracks making 60 offers in general management positions with Aditya Birla Group leading with 8 offers followed by Adani Group (7), Vedanta (6), Capgemini (5), EPIC Group (5), Tata Administrative Services (4), Zee Entertainment (4), Genpact (4), ONGC (3), Reliance (3), RPG Group (3), CK Birla Group (2), Piramal (2), Praxis Global Alliance (2), Arvind Internet (1) and JSW Group (1).

Students opting for Sales and Marketing roles received 55 offers and were recruited by major consumer goods firms led by Anheuser-Busch InBev (10), Asian Paints (5), FIITJEE – EdFora (5), Procter & Gamble (5), Bajaj Finserv (3), Dr. Reddy’s Laboratories (3), Emxcel (3), Tata Sky (3), Colgate Palmolive (2), ITC (2), Lenovo (2), Mondelez (2), Samsung (2), Wipro Consumer Care (2), Baryons (1), Falabella (1), Giesecke+Devrient (1), Jubilant FoodWorks (1), Marico (1) and Maruti Suzuki (1).

Operations roles saw 17 offers with Accenture Operations (5), Hindustan Coca-Cola Beverages (3), Cloudtail (2), Odessa (2), Gilbarco (1), Mahindra Comviva (1), Moonfrog (1), Société Générale (1) and Uber (1).

Professor U. Dinesh Kumar, Chair, Career Development Services, IIM Bangalore, said: “Prominent domestic and international recruiters participated in the final placements which resulted in premium jobs for the students. There was a 6.14% increase in the total number of jobs offered compared to the previous year.”

Last year Placement Highlights

  • Average Domestic salary up at Rs.24.54 LPA from Rs.22.76 LPA last year
  • Average International Salary Up at Rs.62.30 LPA from Rs.58.20 LPA last year
  • No. of PPOs Made-170; Accepted-125
  • International Offers made-15
  • Lateral Placement Offers made-142; accepted-110
  • Consulting Firms Emerged as Top Recruiting Domain with 161 Offers
  • Accenture emerged as top recruiter with 30 offers
  • 488 Placement Offers Made to 411 Students
  • 100% Placement achieved in 2 days

On the successful Placement season 2019 at IIM Bangalore, Professor Ganesh N Prabhu, Chair, Career Development Services, IIM Bangalore, said: “Sought-after recruiters participated in the final placements with better offers than in the earlier years.”

IIM Bangalore Placement 2019 Vs Placement last year
Apart from consistently achieving 100% placements in a short time of two days, the placement compensation packages at IIM Bangalore are on the rise year after year.

IIM Bangalore Placement Year
Placement 2019
Placement 2018
Average Salary (Domestic)
Rs.24,54,000
Rs.22,76,000
Average Salary (International)
Rs.62.30,000
Rs.58,20,000
Median Salary (Domestic)
Rs.23,00,000
Rs.22,00,000
Median Salary (International)
Rs.62,00,000
Rs.62,00,000

Source: IIM Bangalore Placement Reports 2019 & 2018

Key Trends in Placement 2019
This year the placement process witnessed the participation of 411 students at IIM Bangalore. See key trends in placement offers during last three years at IIM Bangalore:

IIM Bangalore Placement year
Number of placement offers
Number of students participating in Placement
Placement 2019
488
411
Placement 2018
462
420
Placement 2017
450
411

Source: MBAUniverse.com Research & Analysis

Top Recruiters in Placement 2019
IIM Bangalore played host to most big brands of National and International Repute. Accenture emerged as the top recruiter making 31 offers followed by Deloitte making 25 offers.

Name of the Top Recruiter in IIMB Placement 2019
No. of Offers Made
Accenture Strategy
30
A. T. Kearney
14
Bain & Company
14
The Boston Consulting Group
14
Amazon
12
Deloitte USI
11
EXL
  9
Strategy&
  9
EY-Parthenon
  8
ICICI Bank
  8

Source: IIM Bangalore Placement Report 2019

Apart from these AB InBev, Deloitte India, McKinsey & Company, Microsoft, Myntra, Oyo Rooms, PwC Technology and Samsung also made 7 offers each in IIM Bangalore Placement 2019. Aditya Birla Group and  Tata Administrative Services made 6 offers each.

Top Companies Making PPOs
Following are the top companies making PPOs to 170 students. However, only 125 PPOs were accepted by the IIMB students.

Recruiter Making Pre-Placement Offers
No. of PPOs made
Bain & Company
10
The Boston Consulting Group
10
Strategy&
  9
Accenture Strategy
  8
Amazon
  8
A. T. Kearney
  7
McKinsey & Company
  5
Aditya Birla Group
  4
Alvarez & Marsal
  4
Procter & Gamble
  4

Source: IIM Bangalore Placement Report 2019

IIM Bangalore Sector-wise Placement 2019: Consulting Biggest Recruiting Sector
161 offers were made in the consulting sector led by Accenture with 30 offers. Other leading Consulting companies which made placement offers in good number included Deloitte USI and Delotte India with 18 offers; AT Kearney -14 offers; The Boston Consulting Group-14 offers; Bain & Company -14 offers; Strategy &-11 offers; EY-Parthenon-8 offers; McKinsey & Co-7 offers.

Other prominent companies making offers in Consulting domain include Nomura Research Institute (5), KPMG (5), Alvarez & Marsal (4), Auctus Advisors (4), Ernst & Young (3), Zinnov (3), GEP Consulting (2), Roland Berger (2), IBM Consulting (2), Oliver Wyman (2), Vector Consulting (2), Analysis Mason (2) and Infosys Management Consulting (1) offer.

In addition, there were 20 offers in the Technology consulting domain with PricewaterhouseCoopers making the maximum of 12 offers followed by Larsen and Toubro Infotech Consulting (4), Thoucentric (2), Accenture Technology (1) and Cognizant Consulting (1).

Finance: 54 Offers
There were 54 offers overall in the Finance domain. Among global banks, Goldman Sachs made the maximum of 7 offers followed by JP Morgan (4), Deutsche Bank (2), Citibank (2), HSBC (2), Barclays (1), Standard Chartered (1). Other Investment firms included Avendus (3), Matrix Partners (1), Axis Capital (1), Allegro Capital (1), Arpwood Capital (1) Tata Asset Management (1) and True North (1). Among banks and financial firms ICICI Bank made the maximum of 8 offers, and others included Société Générale (5), Royal Bank of Scotland (5), ANZ (3), Bajaj Finserve (1), and PWC Deals (1). Corporate Finance roles were offered by Reliance Treasury (2) and EMAAR (1).

Conglomerates: 40 Offers
Conglomerates recruited for their leadership tracks, making 40 offers in general management, with Adani Group leading with 7 offers followed by Tata Administrative Services (6), Aditya Birla Group (6), Vedanta (5), RPG Group (4), CK Birla Group (3), Wipro Global (2), Jindal (2), Mahindra Group (2), Reliance (2) and Lodha Group (1). In addition, there were 23 offers in General Management roles by Genpact (6), Sterlite Power (4), Capgemini (4), Udaan (3), Renew Power (2), Tata Sky (2) and Microland (2).

Sales & Marketing Domain: 47 Offers
Students opting for Sales and Marketing roles received 47 offers and were recruited by major consumer goods firms led by Anheuser-Busch Inbev with 9 offers. Other recruiters included Samsung Electronics (8), Procter & Gamble (4), Nestle (3), Asian Paints (3), Lenovo (3), Wipro Consumer Care (3), Bajaj Auto (2), ONGC (2),  Mondelez (1), Dr Reddys (1), Indian Oil Corporation (1), Colgate Palmolive (1), Vodafone (1), Coca Cola (1), Sigtuple (1), Maruti (1), St Gobain (1) and Jubilant Foodworks (1).

Analytics: 32 Offers
The 32 offers made in the fast-growing analytics space included EXL Services (9), WNS Global (5). American Express (4), Gartner (4), UnitedHealth Group (3), Visa (3), MasterCard (2), Addzebra (1) and CRISIL (1).

IT Domain: 41 Offers
Prominent recruiters in the information technology and IT product management domain, who made 41 offers, were Microsoft (7), Reliance Jio (5), Value Lab (4), Krazybee (4), Sprinklr (3), Byjus (3), AT Kearney Digital (3), Tech Mahindra (2), Servify (2), Moonfrog (2), Edfora (2), Hindustan Unilever (1), Dunzo (1), ACT Fibernet (1) and Infoedge (1).

E-Commerce: 52 Offers
The e-Commerce and online space saw 52 offers with Amazon leading with 16 offers followed by Oyo Rooms (10), Flipkart (8), Myntra (7), Paytm (4), Ola Cabs (3), Grab Singapore (2), Clirnet (1) and Perpule (1).

Operations: 18 Offers
Operations roles saw 18 offers – Bharti Airtel (4), Uber (4), Cloudtail (3), Accenture Operations (2), Amway (1), Hindustan Coca Cola Beverages (1), Danaher (1), Lenskart (1) and Schneider Electric (1).

High Lateral Placement
The Lateral Placement season for candidates with more than 22 months of work experience saw a high placement trends with more offers being made by firms in varied domains like Consulting, Business Leadership, Product Management, Operations, Category Management, and General Management.

Newton Bishoyi, Student Placement Representative, said, “IIMB has seen a diverse set of new recruiters this time. Strategy consulting and finance continue to be the most sought-after roles followed by general management and marketing.”

IIM Bangalore is an autonomous, standalone management school and not part of any university. It was established in 1973 by the Government of India through the creation of an IIMB Society which is the legal entity behind the institution. The school works within the national policy guidelines established by the Ministry of Human Resource Development, Government of India. It is amongst the top management schools in India and Asia according to several rankings. In 2013, IIMB was re-accredited by European Quality Improvement System (EQUIS).

IIMB is the first B-School in Asia to sign an agreement with Harvard Business Publishing (HBP) to distribute faculty teaching cases. IIMB has also entered into a partnership with Richard Ivey School of Business to co-brand and distribute faculty-authored cases globally.

The industry reinstated its faith in IIM Bangalore as past recruiters along with new recruiters took part in the placement process 2020. The unique feature in the process was the diversity of profiles offered to the students which gave them a good choice in terms of industry and the role.

Stay tuned to MBAUniverse.com for more updates on IIM Bangalore