IIMB Placement Season 2013 sees significant offers of leadership roles

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Bangalore, March 13, 2013:

The Final Placement season for the class of PGP 2013 at the Indian Institute of Management Bangalore (IIMB) witnessed the participation of many conglomerates offering leadership roles to students who will work closely with senior leaders and would be responsible for organisational transformation adapting to dynamic business environments. 

The candidates selected for Reliance Industries Ltd.-Strategic Services Unit would work towards enabling the Chairman’s Office to guide and set the direction of long term strategy for RIL. HCL Technologies participated with a unique initiative – Entrepreneur@Residence, under which candidates selected will have a chance to work directly under Mr Shiv Nadar, Founder & Chairman, HCL.

With regular participation of Aditya Birla Group and Tata Administrative Services (TAS), other recruiters who visited campus for leadership programmes were Cisco, Mahindra Group, Hinduja Group, Kotak Mahindra Bank, Cipla, DTDC and Ranbaxy.

This year the placement process witnessed the participation of 381 eligible students. As many as 150+ companies participated and made 415+ offers. While 97 students from the graduating batch received Pre-Placement Offers, 98 offers were made to students with more than 22 months of work experience during Lateral Placements. Twenty-one students were offered international placements from various firms for global locations. Seven students opted out of placements in pursuit of entrepreneurial ventures; one of these will work towards improvement of primary education in rural India.

IIMB played host to international banks such as the Bank of America, Citibank, Deutsche Bank, Goldman Sachs, Royal Bank of Scotland, Standard Chartered, HSBC and Swiss Investment bank UBS on the first day of Final Placements.

The first day also saw participation of Avendus Capital and New York based hedge fund, Arga Investment. Premier private equity firm, the Blackstone Group (London) and consulting firms Greenwich and Roland Berger, hired exclusively from IIM Bangalore offering international locations.

In the consulting domain Boston Consulting Group made 12 offers, making the consulting major top recruiter this year. Consulting majors McKinsey, AT Kearney, Bain and Booz along with BCG saw 34 offer acceptances.

Many students also chose marketing and sales functions and were extended offers from major consumer goods and services firms. Procter & Gamble made five offers based out of Singapore and India. PepsiCo and Airtel offered international and Indian profiles to students selected.

Other major recruiters who offered marketing roles to students were HUL, Nestle, Kraft Foods, Asian Paints, GlaxoSmithKline, L’Oreal and Nokia. Amazon and Microsoft made 11 and 8 offers respectively. In the IT consulting domain, prominent recruiters who visited campus included Cognizant, IBM, Capgemini, Genpact and Glopore IMS among several others.

Commenting on the occasion, Professor Sankarshan Basu, Chairperson, Career Development Services, IIM Bangalore said “The 2013 Final Placements was well received by all organisations. The entire process was smooth and organised given the large size of the batch. We are thankful to all companies who participated in the process, once again reposing their faith in IIMB and recruiting in large numbers.”

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