Updated on: Thursday, March 14, 2013
IIM-B completed its placement process for the current academic year.
More than 150 companies participated and made 415 offers for 381 students. 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.
IIM-B played host to international banks such as the Bank of America, Citibank, Deutsche Bank, Goldman Sachs, Royal Bank of Scotland, 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.