IIM Lucknow Final Placements: e-Commerce Firms Up Hiring to 12%

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Final Placement for the PGP (2016-18) batch at IIM Lucknow saw major e-commerce firms, including Flipkart and Amazon, increasing their recruitment to 12% from 8% in the previous year, marking an almost 35% rise on a year-on-year basis.

e-commerce firms, including Flipkart, had run afoul of the IIMs during the 2015-16 placement seasons for having deferring the job offers citing economic slowdown and restructuring of the business.

However, putting past bitterness behind, several firms in the IT/e-Commerce/Technology sectors, turned up at the placement. They included Amazon, Flipkart, Cloudtail, OYO, Paytm, Uber and Wipro.

The companies included Aditya Birla Group, Amazon, Accenture, Citi, Deloitte, Everest Group, Flipkart, Hinduja, KPMG, PwC, Paytm, Tredence Analytics, Yes Bank, Alvarez & Marsal, Citi Markets, Kotak, McKinsey & Company, Fidelity, MasterCard Advisors and The Boston Consulting Group.

The graduates were offered major roles in IT/Systems management, category management, sales enablement, business development, supply chain management, product marketing, strategic alliances, program manager and analytics.

Prof Nishant Uppal, Chairman, IIM-L Students’ Affairs & Placement said with the economy on a high, the graduating students had the perfect opportunity to make the best of their profiles.

IIM Lucknow reported 100% placement with the 445 students receiving 454 offers from 143 recruiters.

The companies included Aditya Birla Group, Amazon, Accenture, Citi, Deloitte, Everest Group, Flipkart, Hinduja, KPMG, PwC, Paytm, Tredence Analytics, Yes Bank, Alvarez & Marsal, Citi Markets, Kotak, McKinsey & Company, Fidelity, MasterCard Advisors and The Boston Consulting Group.

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Sales & Marketing at 24% topped the sector-wise recruitment followed by Finance and Consulting at 23% each, e-Commerce 12%, Systems/IT 7% and General management 11%. There was also a rise in the number of offers from top management consulting and financial firms.

The FMCG/consumer goods/telecom/digital media sectors had Airtel, ABInBev, Dr. Reddy’s, GSK, Hindustan Unilever, ITC, Nestle, Procter & Gamble, Reckitt Benckiser, Samsung and Star TV wooing the students. Apart from sales & marketing roles, they were offered roles in supply chain management, IT, corporate finance and analytics.

The Banking, Financial Services and Insurance (BFSI) segment had American Express, Altisource, Avendus Capital, CRISIL, Citi, Deutsche Bank, DBS, HSBC, ICICI Bank, Kotak, o3 Capital and Societe Generale, among the recruiters. Major roles were offered in Investment Banking, Global Markets, Investment Research, Corporate/Wholesale/Retail Banking, Market Research, Trading and Operations.

The consulting domain had Accenture, Alvarez & Marsal, Capgemini, Arete Advisors, Deloitte, EY, Feedback Infra, KPMG, PwC, Mastercard, Mckinsey & Company and The Boston Consulting Group among others.

The General Management domain saw participation from companies such as Aditya Birla Group (ABG), Airtel, Hinduja, Lodha Group, RPG and Tata Administrative Services.

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