IIM Bangalore concludes Final Placements 2012: IBM, Supermax, Accenture, BCG among top recruiters
| March 19,2012 12:18 pm IST
The Final Placements of the graduating IIM Bangalore PGP Class of 2012 witnessed the recruitment of 363 students, the largest group in the history of the Institute to date. Eight students, including two students who received pre-placement offers, opted out of the placement process in favour of entrepreneurship.
Spread over three weekends, this years placement process concluded with a total of 423 job offers, including 41 international offers. 93 pre-placement offers were made to the batch while the number of lateral offers made (for students with more than 22 months of work experience) was 124. Significantly, this years placement season witnessed a large number of international offers as well as exclusive hiring from IIMB.
Commenting from the student perspective, Mr. Merben Jayakaran, a PGP1 student member of the Placement Committee, said Consulting and Finance were the sectors of choice with over 180 students opting for them.
Swiss Investment Bank UBS, which recruited exclusively from IIM Bangalore, offered Equities Derivatives Trading profile based out of Hong Kong. Private equity giant The Blackstone Group (London) and consulting giant Arthur D Little (Dubai) also recruited exclusively from IIMB. Duferco Group offered its coveted metal trading profile based out of Lugano, Switzerland the only such offer made across IIMs. Capital One recruited two students for their Dallas office.
Deutsche Bank and American Express made 6 offers each. DBS, HSBC, O3 Capital, Avendus Capital, Goldman Sachs, ICICI Bank, Ocwen, HDFC Bank, Yes Bank, Axis Bank and Encore Capital offered roles in investment banking and finance domain. Earlier, PPOs were made by Morgan Stanley (Hong Kong), J P Morgan Chase, Barclays Capital, Deutsche Bank (London), Nomura, Goldman Sachs, RBS, UBS, Standard Chartered and Citi Global amongst others.
Consulting majors McKinsey, BCG, Bain, Booz and A.T. Kearney saw 37 offer acceptances. Accenture recruited 12 students and offered consultant profiles at IIMB. Siemens Management Consulting, Z S Associates, and PRTM Consulting recruited exclusively from IIMB among all IIMs. Deloitte, IBM and Cognizant Business Consulting made offers in large numbers.
Hyundai Motors recruited for its global leadership programme based out of its headquarters in Seoul. As part of its leadership recruitment programme, Hyundai visited one campus each among the BRIC countries. Infosys hired students for client-services roles based out of Europe and US. A Trilogy group company offered Ideation lead roles based out of Dubai exclusively at IIMB.
Proctor & Gamble made 8 offers for positions based out of Singapore and India. HUL, Kraft, Pepsi, Airtel, Nokia, ITC, Johnson & Johnson, LOreal and Vodafone recruited from IIMB.TAS and ABG took on board 5 students each and Siemens offered its coveted global leadership programme with stints in India and Germany. Punj Lloyd and Robert Bosch too offered leadership roles with domestic and international stints.