Despite a slight dip in e-Commerce hiring, Consultancy firms mopped up 30% of the 409 students who participated in the Final Placement season for the PGP Class of 2014-16 at IIM Bangalore.
More than 160 top recruiters came up with more than 450 offers across 200+ job profiles.
“Even though there was a slight dip in e-Commerce hiring, the Consulting firms hired in larger numbers and helped accelerate the placements,” Professor Ganesh N Prabhu, Chairperson, Career Development Services at the IIM, said.
The venture capital-funded e-commerce companies that used to grab a major portion of the graduates in the past few years were stated to be in the middle of a funding crisis, accounting for their lower presence.
As many as 139 Pre Placement Offers (PPOs) were extended to the students before the start of the Final Placements, based on their performance during the summer internship.
The venture capital-funded e-commerce companies that used to grab a major portion of the graduates in the past few years were stated to be in the middle of a funding crisis, accounting for their lower presence.
The Lateral Placement season for candidates with more than 22 months of work experience saw a total of 136 offers being made by firms in varied domains like Consulting, Business Leadership, Product Management, Operations, Category Management and General Management.
“In addition to the continued interest shown by traditional recruiters, we also saw close to 25% first-time recruiters who hired in good numbers. Further, the increased efforts put in by students resulted in them getting their preferred jobs,” Krishna M, Placement Representative, said.
About 18 students received international placement offerrs from various firms for global locations. Two students had foregone their PPOs, which included an offer from a leading multinational financial services corporation, to continue on their entrepreneurial venture.
The first day of the Final Placements saw the presence of several international banks such as Goldman Sachs, Bank of America Merrill Lynch, Deutsche Bank and Citibank. Goldman Sachs made 14 offers.
The process also saw the participation of Avendus Capital and American Express. India Value Funds offered roles in Private Equity/Venture Capital.
Several Indian banks and financial institutions such as Kotak Investment Bank, ICICI Securities, ICICI Prudential, Yes Bank and Axis Bank made offers during the placement process, with ICICI leading the pack with 11 offers.
In the Consulting domain, Bain & Company (17 offers), Accenture Strategy (16), Deloitte (14), The Boston Consulting Group (13), A T Kearney (11) and McKinsey & Co (8) were the top recruiters this year.
Reputed names like Strategy&, Roland Berger, Alvarez & Marsal and GEP Consulting were also there. Other prominent recruiters in this sector were ZS, EXL, KPMG and PricewaterhouseCoopers.
Conglomerates such as Aditya Birla Group (11), Tata Administrative Services (TAS), Reliance Industries Ltd, Mahindra Group, CK Birla, Larsen & Toubro, Future Group, Siemens and General Electric recruited in significant numbers for Leadership and General Management roles.
Several students also chose to go to Sales and Marketing functions, and were extended offers by major consumer goods and services firms. The major recruiter in this category was P&G with 7 offers.
Other recruiters included Hindustan Unilever, ITC, Mondelez International, Coca Cola, PepsiCo, Johnson & Johnson, Marico and Asian Paints.
Telecom majors Vodafone and Bharti Airtel also made a number of offers in this domain. The major retail firm from Middle East – Alshaya – recruited 9 students.
Prominent recruiters in the Technology space included Microsoft, Samsung and Infosys. In the IT Consulting domain, all prominent recruiters like IBM and Capgemini recruited from the campus.
The e-Commerce space saw heightened interest with Amazon and Flipkart making 16 and 11 offers respectively. Other prominent e-Commerce recruiters included Uber, Ola Cabs, Paytm, Urban Ladder, AskmeBazaar, Hopscotch and CarTrade.
