14 Feb 2020 17:05 IST

At IIM Bangalore, consulting firms lead recruitment

Accenture made most offers, followed by the Boston Consulting Group; 428 students receive 518 offers

The lateral and final placements for the PGP Class of 2018-20 of the Indian Institute of Management Bangalore (IIM-B) saw 518 offers, leading to all 428 students who appeared for placements being placed over three days.

Prof 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 per cent increase in the total number of jobs offered compared to the previous year.”

Anushree Jibhakate, Placement Representative, said: “IIM-B has seen an increase in domestic and international offers across sectors such as consulting, finance, general management, product management, e-commerce, operations, analytics and marketing, despite market conditions. Strategy consulting and product management continue to be the most sought-after roles followed by finance and general management.”

Accenture top recruiter

The 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 were 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 LEK Consulting (1). 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 were 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).

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).

General management positions

Conglomerates recruited for their leadership tracks making 60 offers in general management positions with Aditya Birla Group leading with eight 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 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) being the top recruiter.