IIM Bangalore Placements 2017


March 09, 2017, Mumbai, India: The Final Placement season for the PGP Class of 2015-17 of Indian Institute of Management Bangalore (IIMB) witnessed participation of over 160 top recruiters in India and abroad across all business sectors with renewed vigor.


A total of 411 students participated in the placement process this year, while 10 graduating students opted to defer their placement to pursue entrepreneurial or other opportunities. They received over 450 offers across 200+ job profiles from 160+ companies. Altogether 162 Pre-Placement Offers (PPOs) were extended to students before the start of the Final Placements based on their performance during the Summer Internship and 133 PPOs were accepted by the students. As many as 139 offers were made by firms in varied domains like Consulting, Business Leadership, Product Management, Operations, Category Management and General Management during the Lateral Placement (LP) process for students with more than 22 months of work experience. The LP process matches the recruiting company’s specific needs with the experienced students’ expertise and career interests. Altogether 116 of these lateral offers were eventually accepted. Over 15 students were offered overseas placements while some more are expected to join in India for subsequent international postings. Six students of the last batch, who had lost their campus placement jobs due to restructuring, were successfully placed this year, while three students of the graduating batch are part of the ongoing placement process.

IIM Bangalore played host to most leading global banks on the first day of the Final Placements. Goldman Sachs made 14 offers, including PPOs. Other offers were made by Citibank (5), HSBC (4), Morgan Stanley (2), Deutsche Bank (2), DBS (1) and Standard Chartered (1). The process also saw the participation of Visa and American Express for operations and global strategy roles. Among banks and financial firms, American Express made 8 offers followed by Yes Bank (7), ICICI Bank (6), Visa (3), Axis Bank (2), JM Financial (2), Fullerton (2), Société Générale (2), Aviva (1) and CRISIL (1).

In the strategy consulting domain, the Boston Consulting Group led with 20 offers (including PPOs) followed by Accenture Strategy (14), McKinsey & Co (13), Bain & Company (10), Deloitte (10) and AT Kearney (9). More than 30% of the entire batch received offers in the broadly defined consulting sector, which included reputed names like EXL Consulting (10), Alvarez & Marsal (5), Roland Berger (4) and Strategy& (3). Other prominent recruiters in the consulting space were KPMG (7), PricewaterhouseCoopers (5), Nomura Research Institute (2), PwC Diamond Consulting (2) and Ernst & Young (1).

Conglomerates recruited in large numbers for their leadership tracks and general management positions with the Aditya Birla Group leading with 10 offers, followed by Wipro Global (7), Bharti Airtel (6), Jindal (5), CK Birla Group (4), Mahindra Group (4), Tata Administrative Services (3), Reliance Industries (3) and RPG (2).

Many students opted for Sales and Marketing roles and were extended offers by major consumer goods firms led by Anheuser-Busch Inbev with 8 offers. Other leading recruiters in this category were Procter & Gamble (7), Hindustan Unilever (4), ITC (2), Johnson & Johnson (2), Marico (2), Asian Paints (2), Himalaya (2) and Mondelez International (1). M.H. Alshaya, a leading retail chain from the Middle East, recruited 4 students this year.

Prominent recruiters in the technology space included Samsung (5), Tech Mahindra (4), Microsoft (3), WNS (3), Directi (2), Sterlite Technologies (2), Microland (2), Sasken (1), UnitedHealth Group (1), Schneider Electric (1), Phillips (1), Robert Bosch (1), Honeywell (1) and Sutherland Global (1). In IT consulting, all prominent recruiters like Capgemini (5), IBM Consulting (2) and Cognizant Business Consulting (1) recruited from the IIMB campus.

The eCommerce space saw lower interest compared to last year, with Amazon leading with 12 offers. Other prominent eCommerce recruiters included Ola Cabs (3), Paytm (3), Myntra (2), Cloudtail (1), Swiggy (1) and Uber (1). The healthcare sector saw offers from Dr Reddy’s (3), while the real estate sector had offers extended by Nitesh Estates (3) and Altisource Ocwen (2). Analytics recruiters were Mu Sigma (1) and Bridgei2i (1).

New recruiters visiting the IIMB campus hired in large numbers, led by Sprinklr making 6 offers followed by Sterlite Power (5), BNY Mellon (4), Power Finance (4), Vedanta (4), Stovekraft (3), Hay Group (3), Gulf Talent (3), Tolaram (3), Intellipaat (3), Indian Oil (3), Ambuja Cement (2), Amplus Solar (2), Saint Gobain (2), Pernod Ricard (1), Cello (1) and Danaher (1).

Professor Ganesh N Prabhu, Chairperson, Career Development Services, IIM Bangalore, said: “We experienced a qualitative improvement in the placements this year. Increased hiring by banks, consulting and consumer goods firms compensated for the firms that could not participate in our placements this year.”

Harsha Bhattad, Placement Representative, said: “In addition to the continued interest shown by traditional recruiters, we also saw over 25% first-time recruiters who hired in good numbers. Further, the increased efforts put in by students resulted in them getting their preferred jobs.”


About Indian Institute of Management Bangalore (IIMB)

IIMB is a public institution of national importance that is an autonomous, standalone management school and not part of any university. It was established in 1973 by the Government of India through the creation of the IIMB Society which is the legal entity behind the institution. The school works within the national policy guidelines established by the Ministry of Human Resource Development, Government of India. A Board of Governors oversees the management of the school and provides strategic directions. The school is led by a Director who is the head of the institution, and three Deans.

The school excels in teaching and research. It is amongst the top management schools in India and Asia according to several rankings. IIMB has been declared India’s Best Management School in the India Ranking 2016 prepared by MHRD’s National Institutional Ranking Framework (NIRF).

The EQUIS Accreditation Board voted, in 2016, to confer the EQUIS Accreditation label on IIMB for five years. Five-year accreditation, the highest that EQUIS confers, is a testimony to the fact that the evaluating team was confident about IIMB’s ability to sustain its efforts undertaken to achieve excellent standards in education, internationalization and research.

For the 8th year in a row, in 2016, Eduniversal, Paris, has ranked IIMB the top B-school in Central Asia and has conferred the 5 Palmes of Excellence award on the institute.

IIM Bangalore’s PGP has been ranked 19th in the Financial Times Global Masters in Management 2016 Ranking. IIMB is also the only management school in India to lead in school diversity with 28% women in the two-year programme, 21% women faculty and 25% of women on the school advisory board. The Top 20 schools, ranked by FT this year, include University of St. Gallen, HEC Paris, London Business School, Esade Business School, among others.

IIMB’s Career Development Services team won ‘Best Placement Cell’ for helping in implementing of education and development in the India Today Aspire Education Summit 2012.

IIMB is the first B-School in Asia to sign an agreement with Harvard Business Publishing (HBP) to distribute faculty teaching cases. IIMB has also entered into a partnership with Richard Ivey School of Business to co-brand and distribute faculty-authored cases globally. There has been a surge in demand for case studies developed by IIMB and distributed through Harvard Business Publishing, an affiliate of Harvard Business School.