IIM-Bangalore concludes placement; 516 students placed, median salary at Rs 32.5 lakh

IIM-Bangalore concludes placement; 516 students placed, median salary at Rs 32.5 lakh

The Indian Institute of Management, Bangalore (IIMB) has concluded placements for PGP-BA and PGP 2024. Through the placement week, which ended on February 7, IIM Bangalore saw 516 students accepting job offers from 163 firms.

A total of 503 students were placed, while 13 students were placed in a subsequent rolling placement process. The median annual salary stands at Rs 32.5 lakh, IIM Bangalore disclosed.

As per the data provided by the institute, a record 29 students have been placed abroad with Infosys Consulting (7), Strategy& Middle East (6), Jindal Shadeed (5), TransformationX (3), EY Parthenon Singapore (2), JP Morgan Chase London (2), Health City Cayman Islands (2), Fast Retailing, Japan (1) and Landmark Group, Middle East (1) while 487 students will be working in India.

IIM-Bangalore Summer Placements | Nearly 600 students placed, including 12 students with disabilities

The institute acknowledged that 2024 has been a challenging year in terms of placement drive. “In a difficult placement year, we are immensely grateful to Accenture as they reposed confidence in IIMB students by making a record of 58 offers across its three units – Global Networks, India Markets Unit and Data & AI,” said Prof Ganesh N Prabhu, Chairperson, Career Development Services, IIM Bangalore.

This time, consulting firms made the most offers (218), while offers in finance, banking and investments were 81. IT firms and e-commerce firms made 49 offers each. Manufacturing and infrastructure firms made 36 offers, conglomerates made 30 offers, and consumer goods and retail firms made 28 offers. Also, analytics and AI firms made 13 offers and healthcare-related firms made 12 offers.

The 516 offers are detailed below:

Consulting (30 firms – 218 offers): Accenture Global Networks (48), McKinsey & Company (21), Boston Consulting Group (14), Oliver Wyman (11), EY Parthenon India (10), PwC Consulting (10), Kearney (9), TCS Management Consulting (9), Bain & Company (8), Infosys Consulting (7), Accenture India Markets Unit (6), Strategy& Middle East (6), Vector Consulting (6), Alvarez & Marsal (5), Deloitte (5), EY India (5), Accenture Data & AI (4), Arthur D. Little (4), Monitor Deloitte (4), NRI Consulting (4), Samagra (4), Strategy& India (4), KPMG (3), TransformationX (3), EY Parthenon Singapore (2), Thoucentric (2), FinIQ Consulting (1), GEP Worldwide (1), India PAC Consulting (1), LEK Consulting (1).

Finance/Banking/Investments (39 firms – 81 offers): Goldman Sachs (8), Credit Saison (5), NAVI (5), Allegro Capital (4), Barclays (4), Angel Broking (3), Axis Bank (3), Bajaj Finserv (3), CitiBank (3), Kotak Mahindra Bank (3), Rothschild & Co. (3), AngelOne (2), Avendus Capital (2), Essar Capital (2), IDFC (2), Jio Financial Services (2), JP Morgan Chase London (2), NatWest Group (2), Standard Chartered Bank (2), TransUnion CIBIL (2), Arpwood Capital (1), BankOpen (1), BDO India LLP (1), BNP Paribas (1), Deutsche Bank (1), Edelweiss Alternatives (1), EY India Investment Banking (1), Home First Finance (1), HSBC Bank (1), ICICI Bank (1), IILF Securities (1), JP Morgan Chase  India (1), Kotak Alternate (1), Kotak Capital (1), Kotak Mahindra Life Insurance (1), NG-NeXT (1), Param Hansa Values (1), Piramal Alternatives (1), Premji Invest (1).

IT Software/Services/Security (23 firms – 49 offers): Microsoft (5), Browserstack (4), HCL Tech (4), Coforge (3), Cognizant (3), Pine Labs (3), Ruse Home (3), Atlassian Software (2), Capgemini (2), Cisco (2), EXL Services (2), GyanSys (2), HSBC Tech (2), KyN Hood (2), Newgen Software (2), Apple (1), D.E. Shaw (1), Hexaware Technologies (1), MoveInSync (1), PrivaSapien (1), Salesforce (1), Tech Mahindra (1), Unacademy (1).

Ecommerce/Payments/Telecom (19 firms – 49 offers): American Express (9), Amazon (6), Airtel (4), Make My Trip (4), DTDC (3), Myntra (3), Ecom Express (2), Juspay (2), National Payments Corporation of India (2), PhonePe (2), RazorPe (2), Tesco India (2), Visa (2), Flipkart (1), NoBroker (1), Simpl (1), Tata Play (1), Vodafone Idea (1), Zomato (1).

Manufacturing/Construction/Energy/Infrastructure (16 firms – 36 offers): Asian Paints (5), Jindal Shadeed, Oman (5), Abhinandan Lodha Enterprises (3), Gujarat Mineral Development Corporation (3), Alstom (2), Crompton Greaves (2), Hisense (2), Husk Power Systems (2), Livspace (2), Lodha Group (2), Renew Power (2), Saint Gobain (2), Brookfield Properties (1), Chennai Ports Authority (1), Sotheby’s Realty (1), Tata Steel (1).

Conglomerates (8 firms – 30 offers): Adani Group (5), Reliance Industries (5), Vedanta (5), Air India (4), CK Birla Group (4), Aditya Birla Group (3), Tata Administrative Services (3), Mahindra & Mahindra (1).

FMCG/Retail (16 firms – 28 offers): ITC (4), Procter & Gamble (4), Diageo (3), Phillip Morris International (2), Pidilite (3), Wipro Consumer Care (2), Amul (1), Culinary Brands (1), Dabur (1), Fast Retailing, Japan (1), Hindustan Coca Cola Beverages (1), Landmark Group, Middle East (1), Manyavar (1), Marico (1), Mondelez (1), Nestle (1).

Analytics/AI/ML (6 firms – 13 offers): Games 24×7 (5), Merilytics (3), Media.net (2), Eightfold AI (1), Thoughtspot (1), Whatfix (1).

Healthcare (6 firms – 12 offers): Sun Pharmaceuticals (4), Alkem Laboratories (2), Health City Cayman Islands (2), Syngene International (2), Haleon (1), UHG Optum (1).

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