Banking and finance largest recruiter at IIMB

Bangalore: Indian Institute of Management Bangalore (IIMB) has achieved 100 per cent placement for its batch of 270 students this year within five days, with the highest number of offers being made by the financial sector followed by the consulting sector.

The banking and financial services sector, with 27 per cent of the offers, was the largest recruiter and the consulting sector stood second with 22 per cent offers. The other major sectors were IT & systems (20 per cent), marketing (12 per cent) and general management (nine per cent) with the remainder accounted for by private equities, emerging sectors and public sector undertakings (PSUs).

The finance sector made 65 offers and consulting sector made 54 offers. Eleven offers were made by emerging sectors like healthcare and energy. Nine offers were made by PSUs, a release said.

Over 120 companies visited the campus for campus recruitment that concluded on Monday.

Company wise, Deloitte made the maximum offers (10). Other consulting bigwigs like McKinsey and Boston Consulting Group made nine offers each.

Some of the other slot zero recruiters who visited IIMB this year were Bain & Co, Booz & Co, A.T. Kearney, Diamond Consulting, Alvarez & Marsal, Nomura and Temasek Holdings. P&G, ITC and American Express were the other prominent recruiters, making six offers each.

Amongst the first-time recruiters, Narayana Hrudyalaya, the renowned inclusive healthcare group, offered senior level positions to six students.

Several companies, including Nomura, Temasek, P&G, Enzen, Arvin Meritor and UAE Exchange offered international positions.

The forty-five women in the batch accepted offers across sectors, including investment banking, consulting and PE as well as offers outside India.