IIM Bangalore creates a new record in final placements

IIM Bangalore has completed final placements for their 2014-16 PGP batch. A total of 410 students participated in the process, out of which 405 belonged to PGP program and 5 were FPM students. A total of 140 recruiters participated in the placement process.The students collectively secured a total of 443 offers from the recruiters.The entire batch got placed in a record two and half days!

The following table gives the break of students placed into various sectors

Sector Number of students placed
Consulting 30.1
Banking and Finance 18.9
E-Commerce 13.4
Conglomerate/General Management 11.4
Sales and Marketing 9
Technology 7
Analytics 4.5
Others 5.7

A total of 137 Pre-Placement offers were made by the recruiters, out of which 115 were accepted by the students. The Boston consulting group offered the highest number of PPO's ( 11 offers ), followed by Accenture ( 9 offers ).

As far as lateral placements are concerned, 126 offers were made by the recruiters, out of which 108 were accepted by the students.

In the Consulting domain, Bain & Company (17 offers), Accenture Strategy (16 offers), Deloitte (14 offer), The Boston Consulting Group (13 offers), A T Kearney (11 offers) and McKinsey & Co (8 offers) were the top recruiters this year. Other prominent recruiters in this space were ZS, EXL, KPMG and PricewaterhouseCoopers. In the IT Consulting domain, all prominent recruiters like IBM and Capgemini recruited from the campus.

Conglomerates such as Aditya Birla Group , Tata Administrative Services (TAS), Reliance Industries Ltd, Mahindra Group, CK Birla, Larsen & Toubro, Future Group, Siemens and General Electric recruited in significant numbers for Leadership and General Management roles.

The average domestic salary offered during the final placements was whopping 21.03 lacs p.a. The median salary offered to the batch was 20 lacs p.a. With this IIM Bangalore has created a new record by becoming the first Indian B-school to achieve an average salary of more than 21 lacs p.a.! ( among the B-schools which have released their final placement report for 2016 ).

Source - http://www.iimb.ernet.in - Placement Report-IIMB-2016