IIM Bangalore Placement 2024: 163 Firms Make Offers To 516 Students

IIM Bangalore Placement 2024: 516 students got job offers from 163 firms.

IIM Bangalore Placement 2024: A record 29 students have been placed abroad.

Source : IIM Bangalore

Bengaluru: The Indian Institute of Management Bangalore has concluded its final placement for PGP-BA and PGP 2024. The final placements for PGP-BA and PGP 2024 saw 516 eligible students accepting job offers from 163 firms. The placement process concluded on February 7, 2024. 503 students were placed, while 13 students were placed in a subsequent rolling placement process. A record 29 students have been placed abroad with Infosys Consulting (7), Strategy& Middle East (6), Jindal Shadeed (5), TransformationX (3), EY Parthenon Singapore (2), JP Morgan Chase London (2), Health City Cayman Islands (2), Fast Retailing, Japan (1) and Landmark Group, Middle East (1) while 487 students will be working in India. The median annual salary stands at Rs. 32.5 lakhs.

Prof Ganesh N Prabhu, Chairperson, Career Development Services, IIMB, said, “In a difficult placement year, we are immensely grateful to Accenture as they reposed confidence in IIMB students by making a record of 58 offers across its three units – Global Networks, India Markets Unit and Data & AI.” Consulting firms made the most offers (218), while offers in finance, banking and investments were 81. IT firms and ecommerce firms made 49 offers each. Manufacturing and infrastructure firms made 36 offers, conglomerates made 30 offers, consumer goods and retail firms made 28 offers. Also, analytics and AI firms made 13 offers and healthcare related firms made 12 offers. The 516 offers are detailed below.

The consulting sector saw robust activity with 218 offers extended by 30 prominent firms. Notably, Accenture Global Networks secured 48 offers, followed by McKinsey & Company with 21, and Boston Consulting Group with 14. Other key players such as Oliver Wyman, EY Parthenon India, and PwC Consulting also contributed significantly to the hiring landscape.

In finance, banking, and investments, 39 firms collectively offered 81 jobs. Leading the pack was Goldman Sachs with 8 offers, closely followed by Credit Saison and NAVI. The sector exhibited a diverse mix of traditional banking institutions and emerging financial service providers, showcasing the dynamic nature of the industry.

The IT software, services, and security sector witnessed active recruitment by 23 firms, resulting in 49 job offers. Microsoft emerged as a top recruiter, along with Browserstack and HCL Tech. This sector underscored the growing demand for technology expertise across various domains, from software development to cybersecurity.

In e-commerce, payments, and telecom, 19 firms extended 49 offers to the students. American Express led with 9 offers, followed by Amazon and Airtel. This sector highlighted the evolving digital economy, with a focus on online transactions, telecommunications, and e-commerce platforms.

Overall, these recruitment trends reflect the diverse opportunities available to students, spanning across consulting, finance, IT, and digital sectors, showcasing the dynamic landscape of the job market.