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Friday, March 15, 2013

150 companies participate in IIM-B placement drive


The Indian Institute of Management -Bangalore's (IIM-B) batch of 2013 witnessed the placement of 381 of students during its recent placement drive. 150 companies including Boston Consulting Group (BCG), the biggest recruiter, Reliance Industries  and HCL Technologies  picked up students from IIM-B.
Students picked up by Reliance industries and HCL Technologies will be working within their respective company’s core team and will be in close contact with their founders.
Among the firms who came for the placement drive Bank of America, Citibank, Deutsche Bank, Goldman Sachs, Royal Bank of Scotland, Standard Chartered, HSBC and Swiss Investment bank UBS represented the banking sector.
The list of visiting companies also includes Avendus Capital and New York based hedge fund, Arga Investment, and private equity players Blackstone Group (London) and consulting firms Greenwich and Roland Berger.  The latter three companies hired exclusively from IIM-B and offered international location postings.  
The consulting sector saw BCG, McKinsey, AT Kearney, Bain and Booz picking up students, while the marketing and sales sectors were dominated by  Pepsico, Airtel, HUL , Nestle Kraft Foods, Asian Paints, GlaxoSmithKline, L'Oreal and Nokia. Many of these offered students international locations like Singapore and other areas.
IT sector was represented by Cognizant, IBM, Capgemini, Genpact , Glopore IMS, Amazon and Microsoft. Finally, the regulars including Aditya Birla Group, Tata Administrative Services (TAS), Cisco, Mahindra Group, Hinduja Group, Kotak Mahindra Bank, Cipla, DTDC and Ranbaxy were also present looking mainly to fill leadership roles. 
Pre placement offers (PPOS) made during summer placements were offered to 97 students, while 98 other students received offers during lateral placements, which requires 22 months work experience. 21 students received international postings, while 7 students opted out of the placement process. 
Source: The Economic Times

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