PPOs raining before IIM B kicks off Summer Placement 2011

 | November 03,2011 12:11 pm IST

IIM Bangalore today announced that its placement season for 2011 was off to a good start based on the response from recruiters participating in Pre-Placement activity as well as Summer Internships.

 

The Class of 2012 at IIMB has already received 71 Pre-Placement Offers (PPOs) and requests for 37 Pre-Placement Interviews (PPIs).

 

Management Consulting firms including A. T. Kearney, Bain & Co., Boston Consulting Group and McKinsey & Co. have made offers in substantial numbers, reaffirming the Institute’s position as the preferred destination for consulting firms. Other major management consulting firms that have made PPOs so far are Booz & Co., Global e-Procure and Hay Group.

 

Commenting on the outlook Professor P D Jose, Chairperson, Career Development Services IIMB said, “This year the conversion rate for consulting firms was in excess of 90% with a  large number of interns being offered permanent positions by these firms.  Simultaneously we are also witnessing a strong demand for Summer Internship placement, and pre-placement talks are in full swing.”

International financial firms including Blackstone (London), Barclays Capital, Deutsche Bank (Global Markets, London), Goldman Sachs, J P Morgan, Morgan Stanley, Nomura, RBS, Standard Chartered (Global Markets) and UAE Exchange have extended offers to IIMB students. Most of these offers have been made for international locations such as Abu Dhabi, Dubai, Hong Kong, London and Singapore.

 

General Management conglomerates such as the Aditya Birla Group & TAS, FMCG majors , including HUL, P & G and Pepsi along with Microsoft, American Express and Philips have also made pre-placement offers.

“We expect an increase in the number of PPOs this year as compared to the previous year. Most companies that have made these offers have already confirmed their participation in upcoming summer recruitment process. We expect to have a sound and successful summer placement session which begins on November 9.” says Sreekanth C S, a PGP2 student member of the Placement Committee.

 

Concluded.

 

 

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Comments


Pummy Shah on 11/06/11 at 11:39 am

This really a good start. Even IIMA also had a good placement season.