IIM Bangalore Completes Summer Placements, Nearly 600 Students Placed

This year, consulting firms made the largest number of offers (158), with Accenture Strategy making a record 45 offers.

Indian Institute of Management Bangalore (File Photo)

Source : IIM Bangalore

Bengaluru: The Indian Institute of Management Bangalore (IIM Bangalore) has completed placements for summer internships of its largest ever Post Graduate Programme in Management (PGP) and Post Graduate Programme in Business Analytics (PGP-BA) batch of 602 eligible students. The week dedicated to summer placements held from November 6 to 11 saw 484 students (437 PGP and 47 PGP-BA) being placed, while 115 students (89 PGP and 26 PGP-BA) were placed in a subsequent rolling placement process. The latter process included a targeted drive-by Atypical Advantage to place 12 students with disabilities with leading corporates. Three PGP students sought and found summer internships on their own.

Prof. Ganesh N Prabhu, Chairperson, Career Development Services, and faculty and Chairperson of the Strategy area, IIM Bangalore, said, “The rolling summer placements saw many first-time recruiters offering roles in strategy, marketing, products, finance, analytics and investments – some of the projects offered were more interesting and challenging than those offered during the summer placement week.” 

Consulting firms made the largest number of offers (158), with Accenture Strategy making a record 45 offers, yet the ratio of students interning in consulting fell marginally this year as many sought after finance, banking and investment firms made more offers (130) this year. FMCG and retail firms that are aspirational for marketing roles made 69 offers. The 55 offers by manufacturing firms were in areas like supply chain and new product entry. The 45 offers by ecommerce and payments firms were in digital marketing and cards business. IT related firms made 43 offers in areas like IT consulting and product management. Business conglomerates made 41 offers primarily in their leadership tracks for general management roles. Several foundations together made 29 offers in governance consulting and growth plans. Healthcare firms made 19 offers in marketing and new business initiatives. Analytics and Artificial Intelligence firms made 13 offers with projects in new business applications. 

Consulting (20 firms) made 158 offers: Accenture Strategy (45), Bain & Company (17), Boston Consulting Group (17), EY Parthenon (15), TCS Strategic Leadership Program (11), McKinsey & Company (10), Kearney (8), Strategy& India (6), Alvarez & Marsal (5), Arthur D. Little (4), NRI Consulting (4), EY Parthenon Singapore (3), Auctus Advisors (2), LEK Consulting (2), Strategy& Middle East (2), TransformationX (2), Vector Consulting (2), Kepler Cannon (1), Redseer Consulting (1), Tide Technocrats (1).

Finance/Banking/Investments (43 firms) made 130 offers: PwC (12), Goldman Sachs (7), JP Morgan Chase (7), Avendus Capital (6), Barclays (6), Brookfield (6), Bombay Stock Exchange (5), Cholamandalam Finance (5), Edelweiss Alternatives (5), IDFC First Bank (5), KPMG (5), Axis Bank (4), Vananam Enterprises (4), CitiBank (3), Deutsche Bank (3), EY India Investment Banking (3), FinIQ (3), HSBC Bank (3), Rothschild & Co. (3), Standard Chartered Bank (3), UTI Asset Management (3), Bajaj Finserv (2), Bank of America (2), Credit Saison (2), ICICI Prudential (2), Inflection Point Ventures (2), Param Hansa Values (2), Sundaram Home Finance Limited (2), Arpwood Capital (1), Arali Ventures (1), BDO India (1), British International Investment (1), Capgemini (1), Credgenics (1), DSP Asset Management (1), Faering Capital (1), FinFirst (1), India Factoring (1), Morgan Stanley (1), NatWest Group (1), Piramal Alternatives (1), StockGro (1), The Convergence Foundation (1).

FMCG/Retail (23 firms) made 69 offers: Hindustan Unilever (10), Procter & Gamble (9), Coca Cola (5), Wipro Consumer Care (5), Nestle (4), Pidilite (4), AB InBev (3), Diageo (3), Manjilas (3), Puma (3), Amul (2), Himalaya (2), ITC (2), Jubilant Consumer (2), Mondelez (2), Orangewood (2), Wonderchef (2), Bira91 (1), Dabur (1), Farmveda (1), Marico (1), Slowave (1), United Breweries (1).

Manufacturing/Construction/Energy (20 firms) made 55 offers: Tata Steel (10), Asian Paints (5), Samsung R&D (5), JSW Steel (4), KPIT Technologies (4), Avalon Technologies (3), Samsung Electronics (3), Stanley Black & Decker (3), Xanadu (3), Apollo Tyres (2), Fujitsu (2), Nxp Semiconductors (2), ReNew (2), ArcelorMittal Nippon Steel (1), B&B Colour Cartons (1), British Petroleum (1), Eternal Infraheight (1), KLA Corporation (1), Saint Gobain (1), Tata Steel BSL (1).

E-commerce/Payments/Telecom (15 firms) made 45 offers: Amazon (11), American Express (5), Zomato (4), Airtel (3), Tesco India (3), Treebo (3), Visa (3), CiPay (2), Flipkart (2), National Payments Corporation of India (2), Ninjacart (2), Tata Play (2), Phone pe (1), Simpl (1), Scapia Cards (1).

IT Software/Services/Security (14 firms) made 43 offers: Pinelabs (7), Google (6), Microsoft (5), GyanSys (4), Newgen Software (4), Adobe (3), D.E. Shaw (3), Vinculum (3), EXL Service (2), Princeton Digital Group (2), Atlassian (1), Cohesity (1), Ringcentral (1), Salesforce (1).

Conglomerates saw participation from 10 firms who made 41 offers: Aditya Birla Group (8), Vedanta (8), Tata Administrative Services (5), Adani (4), Brigade (4), Mahindra (4), The Chatterjee Group (3), Reliance Industries (2), TVS (2), CK Birla (1).

Foundations/Governance/Education (9 firms) made 29 offers: Nation with NaMo (9), IIMBx Digital Learning Foundation (4), Ants Skill Varsity (3), Foundation for Economic Development (3), Foundation for Excellence India Trust (2), Indian Foundation for Quality Management (2), Prerana (2), Samagra (2), United Efforts (2).

Healthcare (9 firms) made 19 offers: Sun Pharmaceuticals (5), Sparsh Hospital (4), Dr. Reddy's Laboratories (2), Glenmark (2), Haleon (2), Alkem Laboratories (1), Axtria (1), Labcorp (1), Tata1mg (1).

Analytics/AI/ML (8 firms) made 13 offers: Merilytics (3), Aditya Birla Group Data and Analytics (2), Eightfold AI (2), Tesser Insights (2), AIROI Inc. (1), Fanory.ai (1), NG NEXT Tech (1), Metrix Research & Analytics (1).