IIMB Summer Placement: E-Commerce, Strategy Consulting On The Rise

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IIM Bangalore recorded 100% Summer Placement that saw E-Commerce and Strategy Consulting firms increase their share as more than 100 firms came up with a total of 442 offers for the 427 eligible two-year MBA students.

The roles offered included Strategy Consulting, Niche Consulting, Business Analytics, Investment Banking, Capital Markets, Corporate Finance, Commercial Banking, Sales and Marketing, Business Leadership, Product Management, Operations, Category Management and General Management.

“Timely resume and interview counselling, as well as high alumni participation, helped improve the summer placements this year,” said Professor Ganesh N Prabhu, IIMB Chair of Career Development Services. The placement was held from October 23-27, 2018, an IIMB release said.

The much sought after Consulting domain notched up a total 123 offers with Bain & Company (19), Accenture Strategy (18), Boston Consulting Group (17), McKinsey & Company (13), AT Kearney (12), Alvarez & Marsal (6), Deloitte Strategy (6), Strategy& (4) and L.E.K. Consulting (3) among the major recruiters.

Niche consulting offers were made by Nomura Consulting (9), Actus Advisors (4), Ernst & Young (4), Miebach Consulting (3), Infosys Management Consulting (3) and IBM Consulting (2).

The E-Commerce sector remained a popular option with 71 offers lead by Amazon (36), Flipkart (6), Cloudtail (5), Grofers (5), Swiggy (5), Dunzo (5), Uber (3), Prione  (2),  Udaan,  OLX,  Phone Pe  and MakeMyTrip (1 each).

Finance, Banking and Investments domain came up with 71 offers that included Goldman Sachs (7), Citibank (7), JP Morgan (6), Avendus Capital (4), Deutsche Bank (4), Blackstone, Barclays and Reliance Treasury (3 each), Blackrock, Moelis & Co, Union Bank of Switzerland, Royal Bank of Scotland, Bank of New York Mellon and Synergy Consulting (2 each), Bank of America, Arpwood Capital, Gaja Capital, Fireside Ventures, CTBC Bank, O3 Capital, Guru & Jana Auditors and Temasek (1 each).

Corporate Finance and Commercial Banking offers were made by ICICI Bank (7), Bajaj Finserv (4), Axis Bank, Procter & Gamble Finance and Development Bank of Singapore (1each).

The E-Commerce sector remained a popular option with 71 offers lead by Amazon (36), Flipkart (6), Cloudtail (5), Grofers (5), Swiggy (5), Dunzo (5), Uber (3), Prione  (2),  Udaan,  OLX,  Phone Pe  and MakeMyTrip (1 each).

Marketing & Sales domain came up with a total of 56 offers. These included AB  InBev (10),  Proctor  &  Gamble  (5),  Mondelez and Jubilant Foodworks (4 each), Hindustan Coca-Cola Bottling, Microsoft Marketing, Asian Paints, Pidilite, Kimberly Clark, Puma and ITC (3 each), Johnson & Johnson Consumer, Coca-Cola, Marico and Wipro Consumer (2 each), Colgate, Dabur, Nestle and Amway (1each).

As many as 35 Leadership Track or General Management Track offers were made by international business groups and Indian business conglomerates including Aditya Birla Group (8), Vedanta (6), Tata Administrative Services and CK Birla Group (4 each), Bajaj Auto and Reliance General Management (3 each), Mahindra & Mahindra, Airtel General Management and RPG Group (2 each), Johnson & Johnson (1).

ALSO READ: HBS Class of 2018 Summer Internship Sees Median Base Salary of $8,000

In addition, 33 offers were made in the broad domain of Information Technology (IT) and IT Consulting from Microsoft IDC (7), PwC Technology (4), Aditya Birla Group Digital (3), Deloitte Technology Strategy (2), Capgemini, Intuit, Procter & Gamble IT and Value Labs (1 each). Business Analytics offers came from Sprinklr (5), American Express (4), KPMG Analytics and Group M (2 each).

Other major recruiters in a range of domains made 53 offers including UnitedHealth Group and Samsung (5 each), Tata Sky, Vodafone and ACT Fibernet (4 each), Indigo, Gilbarco, Dr. Reddy (3 each), Boehringer Ingelheim, Glenmark, St. Gobain, JSW Steel, Business Forum, Monarch Real Estate and Airtel Product Management (2 each), Airtel Supply Chain, ReNew Power, Danaher, CBC India, Byjus, Primes & Zoom, Housing Man and Amplus Solar (1 each).

“Higher intake by management consulting firms and increase in sales and marketing roles on offer have translated into a high number of offers for the largest batch so far,” said Dibyajyoti Mohapatra, Student Placement Representative, IIM Bangalore.

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