IIMB Students Set to Rule the World: Final Placements'05 Report

IIMB lived up to its reputation of finishing placements in record time - this time the whole batch was placed by ‘Day 2’ of placements. In all, 78 companies made 328 offers, out of which 197 were accepted. The number of foreign offers was 53 - which is approximately 30% of the batch. In addition to this many Indian companies offered jobs at international locations. Day 0 consulting firms including McKinsey, BCG and AT Kearney made 10 offers at locations within the country. Some of these students were also offered an option of an overseas posting. Said Gauri Gupta of the Boston Consulting Group, "The batch this year was very good. Specifically, they were very strong on analytics and showed a high level of maturity."

After a bumper ‘Day 0’ at the summer recruitments a few months ago, with participation from companies such as Goldman Sachs, JP Morgan, Barclays Capital and Lehman Brothers (New York, Tokyo and Hong Kong), a major increase in participation by foreign recruiters for the final placements was always on the cards.

As many as 16 companies participated in ‘Day 0’, including Arthur D. Little, BNP Paribas, HSBC, Dresdner KW, General Motors Asia Pacific, McKinsey, Boston Consulting Group, AT Kearney, Deutsche Bank, Temasek Holdings, BP Singapore and Capital One. They offered positions in various foreign locations, including New York, London, Tokyo, Hong Kong, Shanghai, Kuala Lumpur and Singapore.

Some students, despite being offered foreign placements, preferred to join the Indian operations of the companies. Students also took up jobs in the social sector. This year also saw entrepreneurial initiatives with students like Abhishek Thakore opting to start off with their own ventures in spite of the lucrative salaries offered on campus.

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