IIM Bangalore Announces PGP Final Placements

The Final Placement process for the IIM Bangalore graduating PGP Class of 2011 will begin on March 05, 2011. The process will oversee placements for a batch size of 348 students, 16 of whom have chosen to defer their placements in pursuit of entrepreneurial ventures. Over 100 companies will participate in this year’s final placement season.

According to Professor P D Jose, Chairperson, Office of Career Development Services, “The final placement season has already gotten off to a good start with nearly half of the participating students already receiving job offers in the lateral placement process that has been running since December last year. Going by the experience this year, the Institute is confident that all our students will be placed and may even have multiple opportunities to select from.”

IIMB will provide more information on the PGP 2011 final placements on conclusion of the process.

IIMB Lateral Placement Process 2011

The Lateral Placement process at IIMB concluded recently. In this process, only students with a minimum of 22 months of full time work experience are interviewed and made offers by companies looking for students with significant work experience. The lateral placement process at IIMB this year witnessed an increase of more than 100 % in the number of participating firms as compared to the previous year. Significantly, acceptances of lateral offers by students rose by 70 % year-on-year.

Management Consulting dominated the lateral placements at IIMB with more than 55 % of the offers. Deloitte had a total of 13 acceptances followed by Infosys Consulting at 11. Some of the other firms which offered Management Consulting positions were Accenture, Ernst & Young, PwC, Virtusa, Cognizant Business Consulting and Wipro. Several firms including ZS Associates, Siemens Management Consulting & Infosys Consulting recruited exclusively from IIMB.

The number of lateral placement offers from the Financial Services sector also experienced an increase this year. Prominent banks, several private equity firms and a hedge fund participated in the lateral recruitment process, including a Dutch bank, which offered a student an international assignment. Yes Bank and Chrys Capital were the largest recruiters in this segment.

Close to 15 % of the lateral offers were made in the General Management sector. The Aditya Birla Group, the Hinduja Group, Philips, Schneider and the Adani Group made multiple lateral offers in this sector. Product Management roles were offered by HCL, Indus Valley Partners, InfoEdge, McAfee, Microsoft and NetApp amongst others. Some of the other firms that participated in the lateral process were DPDHL (Singapore), Google, Heidrick & Struggles L & T Group and SunEdison.