Placements 2011: IIM-C students get attractive offers from finance and consulting companies

The final placements season is on across B-schools. There is an air of excitement with good news pouring in about lucrative offers being made to the MBA students. MBAUniverse.com has been bringing to you all the breaking news on placements 2011.

Today we bring to you all the facts and figures of placements at IIM Calcutta. IIM Calcutta went into the final placements with 230+ offers already in hand, including figures from pre-placement offers and the laterals process. The high point, though, was not just the numbers but the varied and interesting profiles offered to the students.

We present to you the day wise report of IIM-C placements:

As the first day unfolded, finance, considered IIM Calcutta’s stronghold, saw a manifold increase in the number of offers made compared to last year, with investment banks like UBS, Morgan Stanley, Citigroup, Deutsche Bank and HSBC picking up many students. The offers were for desks across the globe including Singapore.

Students had already received pre-placement offers from firms like Goldman Sachs, Morgan Stanley, Barclays Capital, Royal Bank of Scotland, JP Morgan and Credit Suisse. Daiwa Securities, a Japanese investment bank, recruited 6 students exclusively from IIM Calcutta this year.

Consulting firms made the most number of offers on Day 0, with the usual favorite Mckinsey & Co making 13 offers including 4 pre-placement offers (the highest number of offers made by the firm at any campus in the country). The firm recruited for its Singapore, Sydney and India offices. BCG, Bain & Co and AT Kearney recruited in large numbers as well. Essex Lake group, a global consulting firm, recruited exclusively from IIM Calcutta as well.

Private Equity firm Gaja Capital hired for the first time at IIM Calcutta and made 3 offers. Customer solutions firm DPDHL hired a student for an in-house consulting role for its office in Miami as well.

After a great start on the first day, the placements continued the good run on the second and third days of the Final Placement session for the batch of 2011.

The second day saw 23 companies coming to campus to hire the talented bunch of students.

FMCG behemoth Procter and Gamble made 11 offers including pre-placement offers, in their sales and marketing roles, including roles in Singapore. Dabur made an international New Business Development offer for their Dubai operations. Marketing roles were also offered by Hindustan Unilever, ITC, J&J Consumer Products, Nokia and Kraft Cadbury.

Tata Administrative Services (TAS) recruited 5 students for their business leadership program, including pre-placement offers. Consulting offers were also made by Feedback Ventures, Hewitt, EXL services.

As always, finance remained a stronghold in the placement session. Indian investment banks like ICICI Securities, India Infoline, Allegro hired students while international banks included HSBC, Standard Chartered, Development Bank of Singapore. ICICI also made 19 offers including 6 in the M&A and Treasury roles. Bloomberg also was back to hire from campus after the downturn.

The third day was packed with firms from various sectors with finance and telecom majors dominating the day’s proceeds. Bharti Airtel and Yes Bank with 8 and 7 offers respectively were the biggest recruiters of the day. Credit rating agency CRISIL also participated in the placement process for the first time and specifically selected students for strategy roles. KPMG, PWC, Vodafone, Aircel, Asian Paints, Castrol were some of the other companies that participated in the 3rd day.

The fourth day saw the participation of Indian corporate giants like RPG, Tata Steel, Raymond, Bajaj. Students with an entrepreneurial inclination have been picked up by firms like Flipkart for multiple roles.

Placements at IIM Calcutta ended in style on the fifth day with international market research firm Nielsen selecting a student for their emerging leadership program in the finance domain.

IIM-B Placements 2011: 461 offers from 105 companies to 332 PGP students

The Final Placements of the graduating IIM Bangalore PGP Class of 2011 saw the recruitment of 332 PGP students out of a batch of 348, the largest in the history of the Institute thus far. 16 students deferred their placements in pursuit of entrepreneurial ventures.

Over the duration of the process, 105 companies made their presence felt on campus and recruited students in large numbers. 35 of these companies were first time recruiters. Over 90% of the batch had received one or more offer at the end of the third day.

A total of 461 offers were made from the visiting companies. Of these, 84 were Pre-Placement offers made to students based on their summer internships.

Prof. P D Jose, Chairperson, Career Development Services, IIM Bangalore said “This year’s PGP placement season was well received by recruiting organisations, and the entire process was smooth, given the size of the batch and the logistics involved.”

Close to 36 % of the offers came from the Finance sector making it the largest segment. Firms from the Consulting sector accounted for 31% of the offers. Around 21% of the offers were made in Sales & Marketing, and approximately 7 % of the offers came from the General Management sector, with the balance 6% of the offers coming from the Operations & Product Management sector.

Participating firms offered assignments in India as well as abroad, including postings in Singapore, the Netherlands, Hong Kong, Dubai, New York and London.

Some of the companies that participated in the final placement season include the Aditya Birla Group, Airtel, A.T. Kearney, Asian Paints, Aviva, Boston Consulting Group, Bain & Co, the Blackstone Group, Britannia Industries, Goldman Sachs, Hindustan Unilever, Ingersoll Rand, McKinsey & Co, Narayana Hrudalaya, Nokia, Procter & Gamble and the Tata Administrative Service.

Apart from the number of offers made, this year’s placement season was noteworthy for the diversity of positions offered, some of which were unique; for example, positions such as Associate in investment banking and private equity firms, Vice President (Narayana Hrudalaya – four positions), Chief of Staff (Comviva) and Executive Assistant to Founder (Myntra).

In addition, some students were selected for the fast-track young leader programmes at Mahindra & Mahindra, Aditya Birla Group and Reliance Industries. Five students received offers for assignments to work as Commodity Derivative Traders from Olam International. Ingersoll Rand offered their unique ‘Entrepreneurial Management Programme’ to three students.

IIM Lucknow Placements 2011: 528 job offers to 366 students

The final Placements of IIM Lucknow have been concluded with 100 per cent placements. The B School has received total 528 offers for the batch of 366. IIM Lucknow mentions that by far, this is the largest graduating batch to be placed across all IIMs. Among the offers made, there were 70 Pre Placement Offers (PPOs), 213 lateral offers and 245 offers in the Placement week.

A total of 206 companies participated in the placement process. Out of them 53 companies were first time recruiters. Among the key recruiters were Accenture, Avendus Capital, Capgemini, Citibank, Kraft Foods Cadbury, Deloitte, Deutsche Bank, Ernst & Young, Hindustan Unilever, ITC, KPMG, McKinsey and Co., PricewaterhouseCoopers, Procter & Gamble, Tata Administrative Services and The Boston Consulting Group.

The key sectors in which the recruitment took place were Consulting, Finance, Sales and Marketing, IT and Telecom industry. The Consulting sector saw 82 recruitments. Some of the notable firms making the offers were Accenture, Cognizant Business Consulting, Deloitte, Ernst & Young, Headstrong, KPMG, McKinsey and Co., PricewaterhouseCoopers, The Boston Consulting Group and Virtusa among others. Aon Hewitt also offered roles in HR Consulting.

In the Finance sector, the key recruitments took place from Banks and Financial Sector firms. The positions offered were in Investment Banking, Proprietary Trading, Treasury, M & A and Global Risk Management to name a few. Prominent financial firms include Amex, Avendus Capital, Axis Bank, Baring Private Equity Partners, CRISIL, DBS, Edelweiss, Futures First, Goldman Sachs, HSBC, HDFC Bank, ICICI Bank, ICICI Prudential, IIFL, Indus Valley Partners, JM Financial, JP Morgan, Karvy, Kotak Wealth Management, Nomura, SBI Capital, Standard Chartered and Yes Bank among many others.

In Sales and Marketing sector, the key recruiters were Asian Paints, Aviva, Britannia, Castrol, Dabur, GSK Consumer, Hindustan Unilever, ITC, Johnson & Johnson, Kraft Foods Cadbury, Marico, Nokia, Pepsi, Procter & Gamble, Ranbaxy, Raymond and Reliance among others. Conglomerates such as Adani Group, Aditya Birla Group, Mahindra & Mahindra, Jindal Group, Larsen & Toubro, RPG and Suzlon were prominent recruiters. Asian Paints, L’Oreal, Olam International, Philips and Target offered lucrative Supply Chain Management profiles.

Firms in the IT sector that offered roles were iGATE, Infosys, MindTree, Wipro and TCS among others. Recruiters in the Telecom industry are the top companies in the sector such as Aircel, Bharti Airtel and Vodafone.

Among the 53 first time recruiters, the companies included Amazon, BMGI, Bloomberg, Comviva, Coromandel, Deutsche Post DHL, Ford, Fujitsu Consulting, Google, HP, IndusInd Bank, JFS, Lenovo, Microsoft IDC, Nereus Capital, Panasonic, Planet M, Star CJ, Subros, Tally Solutions and The Nielsen Company among others.

IIM-A placements 2011

IIM Ahmedabad recently concluded its cluster based placements process. The placement process will now be on a rolling basis with firms visiting campus based on the specific interests of students.

MBAUniverse.com brings to you the complete details of the four clusters held on four different days. The Clusters had companies across three cohorts – international investment banks, global strategy consulting and private equity/ venture capital.

Cluster 1 (February 12, 2011)
The Final Placement Process 2011 kicked off at the Indian Institute of Management, Ahmedabad. Consulting firms, BCG and McKinsey gave the highest number of offers. BCG has given 11 offers and McKinsey has given 10 offers, including pre placement offers. Both have recruited in higher numbers
than the previous year.

As a reflection of the improving market situation, there were a greater number of international offers this year. Global investment banks visited the campus in greater numbers than last year. In addition to their Mumbai office, some offered roles in their Singapore and London offices. Consulting firms also offered more international firms.

Double degree student Paul Ricard from HEC Paris, received an offer from Oliver Wyman – a leading global management consultancy. According to him, “My objectives when I joined the program were to discover the most promising economy in the world and initiate a great international career. Today I have achieved both. IIMA’s placement process is rapid and efficient. The students are extremely helpful, in spite of the great stakes involved.”

Cluster 2 (February 19, 2011)

This cluster saw cohorts such as Indian investment banks, corporate leadership programs and international FMCG firms. Group discussions for the recruitment process were held one day back and the shortlisted students were interviewed on Feb 19.

EXL Service gave the highest number of offers today. Sanjay Gupta, Global Head of HR (EXL Service) said, “Having come with multiple roles to offer EXL Service interviewed candidates with diverse profiles and were impressed with the quality of students that IIMA had to offer. A smooth recruitment process further facilitated EXL to finalize more than 10 candidates.”

International marketing firms gave more offers to students than last year. Ten students (including pre-placement offers) will be joining global FMCG giant P&G this year. Himani Maharshi, P&G India Talent Practice, said, “The process was extremely well-managed, and gave sufficient opportunity to both the firm and the student to make an informed choice. We wish the campus and the students a great recruiting season.” Indian conglomerate, RIL, gave 8 offers to students.

Cluster 3 (February 26, 2011)
This Cluster had companies across cohorts such as Indian marketing, Indian financial services and advisory. A total of 22 firms from a variety of industries like telecom, FMCG, energy and electronics participated in Cluster 3. Firms like Airtel, Axis Bank, Ernst&Young, Aircel and RPG offeredroles in sales and marketing, banking, advisory and general management. Apart from these, niche roles in infrastructure financing and e-commerce were also offered. Financial services firm, Yes Bank will have 11 students joining this year. It was the largest recruiter today in terms of number of offers accepted.
Movin Jain, Student Placement Secretary said, “This year our objective was to provide wider opportunities to students. Due to an upbeat market and changes in the placement process, we are in a better position to achieve this goal.”

Cluster 4 (March 05, 2011)
A total of 16 firms from insurance, steel, energy, and apparel industries, amongst others, participated in Cluster 4. Firms like Tata Steel, Aviva, Bajaj Allianz and SKNL offered roles in sales and marketing, supply chain and general management. Tata Steel recruited the highest number of students in this Cluster, with 4 people joining them this year.

According to the new recruitment secretary, Ravish Kumar, “We are extremely happy with the way placements have shaped up, with both firms and candidates satisfied with the mutual fit that the process has offered. Not only are the students satisfied with the wide variety of opportunities that they could choose from, but the firms are also equally happy with the quality of their recruits and the placement process.”