The lateral and final placements for the PGP and PGPBA Class of 2020-22 of the Indian Institute of Management Bangalore (IIMB) saw 662 offers, leading to all 513 students who appeared for placements being placed over two interview days.
Harsh Agrawal, Placement Representative, said: “Overall, there has been a 37 per cent increase in the number of offers YoY, driven primarily by consulting and product management roles. Strategy consulting continued to be the most sought-after role among the students, followed by product management and finance.”
Consulting and IT
Consulting companies made 248 offers led by Accenture with 51 offers, followed by Boston Consulting Group with 30 offers. Top recruiters included Kearney (27), Bain & Company (26), McKinsey & Company (22), Ernst & Young (9), PricewaterhouseCoopers (9), Tata Consultancy Services (9), Alvarez & Marsal (7), Arthur D. Little (7), Deloitte (5), Infosys Consulting (5), KPMG (5), Strategy& (5), Auctus Advisors (4), Oliver Wyman (4), IBM Consulting (2), and EY-Parthenon Singapore (2). Other consulting firms extended 19 offers.
Prominent recruiters in the information technology and product management domain, who made 141 offers are Microsoft (15), OYO (11), Amagi Labs (7), Oracle (7), Atlassian (6), Google (6), Info Edge (6), Razorpay (6), Angel One (4), Jio Platforms (4), UHG Optum (4), Adobe (3), Brane Enterprises (3), Clear (3), Unacademy (3), Zomato (3), Cisco (2), Eightfold AI (2), Nykaa (2), PhonePe (2) and Sprinklr (2). Other companies in the IT/Product Management domain rolled out 40 offers. The 65 offers made in the fast-growing E-commerce space included Amazon (37), Paytm (16), Flipkart (6), and Myntra (6).
Finance and general management
There were 71 offers overall in the finance domain. Among banks, Goldman Sachs made the maximum of 22 offers followed by Avendus Capital (7), Citi Bank (5), Deutsche Bank (5), Rothschild (2), Premji Invest (2), Blackstone (1) and CDC Group (1). Other recruiters also included Kotak Mahindra (5), Axis Bank (3), Lincoln International (2), Bank of America (1), Barclays (1), and 14 offers from leading financial institutions.
Conglomerates recruited for their leadership tracks making 52 offers in General Management positions with RPG Group leading with 10 offers followed by Natwest Group (9), Vedanta (5), ABG (3), CK Birla Group (3), Tata Administrative Services (3), Adani Group (2), Capgemini (1), and Machani Group (1). Emaar Group and True North extended one offer each, with other companies making 13 offers.\
Sales and marketing
Students opting for Sales and Marketing roles received 40 offers and were recruited by major consumer goods firms led by HUL (6), Asian Paints (4), Samsung (3), Dr. Reddy’s Laboratories (2), ITC (2), Nykaa (2), Pidilite (2), Anheuser-Busch InBev (1), Colgate Palmolive (1), Disney-Star (1), Johnson & Johnson (1), Lenovo (1), Marico (1), Nestle (1), Procter & Gamble (1), Tata Sky (1), Thermo Fisher (1), Titan (1), and Wipro Consumer Care (1). Other companies rolled out 7 offers.
Operations roles saw 13 offers with Flipkart (5), Ola (4), Microsoft (3), and WNS Global services (1). Analytics sector rolled out 32 offers in total with American Express leading with 17 offers, followed by EXL (12), and Flipkart (3).
Optimistic results
Roopa Adyasha, Senior Manager, Career Development Services, IIMB, said: “The hiring cautiousness exhibited earlier by recruiters during the pandemic, seems to have transformed into a new wave of optimism, enthusiasm and a growth mindset for organisations across all industries and sectors.”
Prof U Dinesh Kumar, Chairperson, Career Development Services, IIMB, said, “We placed the largest batch at IIMB within the shortest time. I wish we had more students to supply to the market which is looking for high-quality talent”
MBA Business Analytics
The first batch of MBA Business Analytics students was snapped up by companies like hotcakes. An impressive number of companies expressed their interest in recruiting the first batch of MBA Analytics students. A new MBA program in Business Analytics was introduced by IIMB in 2020, and the first batch will graduate this year.
Prominent recruiters include American Express (5), Accenture (4), Goldman Sachs (4), McKinsey and Company (4), Kearney (3), EY (2), Microsoft (2), Paytm (2), Oracle (2), ADL (1), Adobe (1), Allegro Capital (1), Alvarez and Marsal (1), ANZ(1), BCG (1), Cashfree (1), EXL Service (1), Kotak Mahindra (1), OLA (1), Uber (1) and Wells Fargo (1).