IIM Bangalore summer placements improve, Amazon hires 36

BENGALURU: Consulting,e-commerce and financial firms walked away with the lion’s share of summer placements at Indian Institute of Management Bangalore (IIMB), with Amazon recruiting 36 students from its two-year MBA programme.
All the 427 students available during the placements from October 23 to 27 were recruited. Over 100 companies made 442 offers.The roles offered included strategy consulting, niche consulting, business analytics, investment banking, capital markets, corporate finance, commercial banking, sales and marketing, product management, operations, category management and general management.
“Timely counselling as well as high alumni participation helped us improve this year’s placements,” said professor Ganesh N Prabhu, IIMB chair of career development services.
E-commerce companies that made 71 offers included Flipkart (6), Cloudtail (5), Grofers (5), Swiggy (5), Dunzo (5), Uber (3), Prione (2), Udaan (1), OLX (1), Phone Pe (1) and MakeMyTrip (1). There were 123 offers consulting firms, including Bain & Company (19), Accenture Strategy (18) and Boston Consulting Group (17), and 71 in the finance, banking and investments domain, including Goldman Sachs (7), Citibank (7), JP Morgan (6), Avendus Capital (4), Deutsche Bank (4), Blackstone (3) and Barclays (3).
In the marketing and sales category, 56 offers were made. As many as 35 leadership track or general management track offers were made by international business groups and Indian business conglomerates, including Aditya Birla Group (8) and Vedanta (6).
There were also 33 offers in the broad domain of information technology (IT) and IT consulting from Microsoft IDC (7), PwC Technology (4), Aditya Birla Group Digital (3) and Deloitte Technology Strategy (2), while business analytics offers came from Sprinklr (5) and American Express (4). Other major recruiters made 53 offers.
“Higher intake by management consulting firms and increase in sales and marketing roles have translated into a high number of offers for the largest batch so far,” said Dibyajyoti Mohapatra, student placement representative, IIMB. During the 2017 summer placement, 54 offers were made in the e-commerce and technology sector, again led by Amazon (27).