IIM Shillong concludes Final Placements 2012: TAS, Goldman Sachs, GSK among new recruiters
| April 24,2012 05:39 pm IST
IIM Shillong successfully completed the Final Placements for the Class of 2012, despite a 40% increase in batch size coupled with a downturn in the economic and recruitment scenario. The placement season saw participation from 44 companies which made a total of 105 offers to 93 students.
Many new corporate houses showed great confidence in recruiting from IIM Shillong, including Tata Administrative Services (TAS), Goldman Sachs, Cognizant, Apollo Hospitals, GlaxoSmithKline (GSK), and UST Global among others.
Marketing was the most sought after domain this season, accounting for 38% of the batch opting for it. Companies like Tata Motors, Tata Steel, Pidilite, UB Group, and Godfrey Phillips offered roles in the areas of Sales & Marketing and Business Development. The Pharmaceutical and Healthcare sectors were well-represented by companies such as Pfizer, Biocon, and GSK which offered roles in their Marketing divisions.
For the second time in a row, IIM Shillong represented India in the Asia Pacific round of the Global Investment Research Challenge (GIRC), conducted by the CFA institute, in Hong Kong. Riding on the successes in the GIRC, Finance, once again, emerged as a preferred sector with 25% of the students opting to pursue their careers in this sector. Goldman Sachs visited IIM Shillong for the first time and offered roles for their Asset Management division. Organizations like Nomura Investments, HSBC, RBI, ICICI Bank, Yes Bank, and SBI Capital offered roles in their Investment Banking, Equity Research, Consumer Banking, Project Advisory and Capital Markets divisions.
Companies like Futures First, HDFC, NCDEX also expressed interest for their Trading, Treasury and Wholesale Banking roles. Yes Bank was the largest recruiter taking seven students for their finance roles.
14% of the batch opted for Consulting domain, which saw participation from organizations like Deloitte, Cognizant, Mu Sigma, HCL Technologies, Suzlon, I-maritime, UST Global, Datawise and CGN Consulting, which offered roles in Business Advisory, Capital Markets, Enterprise Analytics, Real Estate, and Operations Consulting. Technology Consulting roles were offered by Cognizant, HCL Technologies, HCL Infosystems, Suzlon, Manipal Technologies, Sonata Software and Wipro.
General Management roles were taken up by 6% of the batch. Tata Administrative Services (TAS) participated for the first time in campus placements, offering its much coveted General Management - Leadership profile. Other general management roles were offered by Apollo Hospitals, Neudesic, Indofil and Manipal Group.
With the players in the Operations domain in India growing and the increased importance of this domain in the industry, it saw close to 12% of the batch taking up offers. Companies offered roles in Program Management, Project Management, Manufacturing Operations, Packaging, Procurement, and Supply Chain Management. Recruiters in this field included players like Tata Motors, Tata Steel and UB Group. Suzlon and Flareum Solar Technologies Pvt. Ltd. from the renewable energy sector offered niche roles in Operations Management and Project Management. First time recruiter Manipal Group offered roles in Program Management.
Close to 5% of the batch opted for roles in Human Resource (HR) Management as well. The companies that offered roles in the field of HR included Yes Bank, Tata Motors, and HDFC Bank. Flareum Solar Technologies Pvt. Ltd. also offered an Industrial Relations (IR) role at its plant.
IIM Shillong with its focus on Sustainability and Design Thinking is all set to take its next step towards higher echelons with the active support of its Alumni, Staff, world class Infrastructure and highly talented student base.