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IIMB summer placements dominated by FMCG firms

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The summer placement season for the PGP class of 2016-18 of the Indian Institute of Management, Bangalore (IIMB) witnessed the participation of over 150 companies who came to hire students for a summer stint in multiple roles.

This time, IIM Bengaluru is also simultaneously hosting the summer recruitment process for IIM Visakhapatnam PGP Class of 2016-18. It was for the first time that over 30 firms visited IIMB for hiring students.

In the Management Consulting space, Accenture Strategy was the largest recruiter with 20 offers. The Boston Consulting Group with 15 offers, A T Kearney with 13 offers, McKinsey & Co with 10 offers, Bain & Company came with 8 offers and Strategy& with seven offers were the other major recruiters this year. The e-commerce space also saw interest with Amazon making 20 offers. The other recruiters included Cloudtail (two) and Shopclues (one).

Professor Ganesh Prabhu, Chairperson, Career Development Services, IIM Bangalore said, "The absence of major e-commerce recruiters did not have an impact on the summer placement process due to the renewed interest from FMCG companies."

Krishna M, Placement Representative, said, "IIMB has continued to be the preferred campus for management consulting firms with most of them making unprecedented number of offers. Recruitment by PE or VC and Social Sector firms added to the quality and variety of offers doled out to the students."

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