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.
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