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LATEST
NEWS |
10th
March 2010 / Times of India / Bangalore Edition
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 It’s bumper placement season here
Bangalore: It’s raining offers at IIM-Bangalore: as many as 15 companies visited the campus for the first time this year. Several companies, including Nomura, Temasek, P&G, Enzen, Arvin Meritor and UAE Exchange, offered international positions to candidates.
The 45 women in the batch accepted offers across sectors including investment banking, consulting and PE in India and abroad.
Lateral placements were also at an all-time high owing to the higher degree of average work experience among the current batch. Over 66 offers were made against last year’s 50. Deloitte made 10 offers — the maximum on campus. Other consulting bigwigs like McKinsey and Boston Consulting Group made nine offers each.
Though NGOs were not part of the final placement process, a few students have expressed interest to work with them. As per IIM-B policy, the average salary offered is not disclosed. However, the committee member said there is an increase in average number offers per company.
FINANCE RULES
Four students opted out of placement to start their own ventures or higher studies
About 72 students received preplacement offers from companies in which they did their internship
Highest offers by finance sector — 65
Second highest offers was consulting — 54
Emerging sectors like healthcare and energy — 11
PSUs — 9
ABLE STRATEGY
IIMB associate professor (corporate strategy and public area) P D Jose said many differently-abled students were recruited. “It’s not charity. These students are extremely good but they have a few limitations,” he said. IIM-B’s policy supports these students whereever possible. The placement committee identifies companies which recruit students under the differentlyabled category. Many students opted for Wipro.
LAST YEAR PLACEMENT FIGURES:
Students placed on Slot Zero—64
97 companies participated last year, of which 39 were new firms
29% significant numbers were offered in finance
25% students accepted offer in consulting
Seven students opted out of the placements
Boston consulting were hthe highest recruiter last time inducting 10 IIMB students.
STUDENTSPEAK
Before coming to IIM-B, I was a chartered accountant with total work experience of four years. Now, I’ll work in Singapore. I accepted this offer as the profile was interesting and it’s a prestigious firm. I’ll concentrate on the market in India and China, apart from Singapore. Neha Verma | SENIOR ASSISTANT, TEMASEK (PRIVATE EQUITY FIRM)
I worked for three years in the IT healthcare unit in SAP Labs. Healthcare is an emerging sector. Narayana Hrudalaya is looking at volumes and expanding as a business. It’s going to be exciting in the next five years where I get to work on various aspects of medicine. Akshay Oleti | V-P BUSINESS DEVELOPMENT, NARAYANA HRUDAYALAYA |
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