150 companies recruit from IIM-B during final placements

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BANGALORE: Around 150 companies offered 415 jobs to 381 students of Indian Institute of Management -Bangalore`s (IIM-B) batch of 2013, a sign of hope in a gloomy economic scenario. Boston Consulting Group (BCG) remained the top recruiter with 12 offers and Reliance IndustriesBSE -1.96 % along with HCL TechnologiesBSE 0.02 % picked up students who would work directly with their company heads.

Reliance Industries Ltd.-Strategic Services Unit roped in students who would be part of strategy team under chairman Mukesh Ambani while HCL took students for a programme called `Entrepreneur@Residence` where candidates selected will work directly under Shiv Nadar, founder & chairman, HCL.

Banking giants who visited the campus included Bank of America, Citibank, Deutsche Bank, Goldman Sachs, Royal Bank of Scotland, Standard Chartered, HSBC and Swiss Investment bank UBS on the first day of final placements.

The list also includes Avendus Capital and New York based hedge fund, Arga Investment. Private equity player Blackstone Group (London) and consulting firms Greenwich and Roland Berger, hired exclusively from IIM Bangalore offering international locations, said the placement team in its report.

In the consulting domain, BCG has to compete with McKinsey, AT Kearney, Bain and Booz and the 34 students accepted consulting profiles. Marketing and sales profiles were given by consumer and service companies, which included Pepsico, Airtel, HULBSE 0.49 %, NestleBSE 0.12 %, Kraft Foods, Asian PaintsBSE 2.50 %, GlaxoSmithKline, L`Oreal and Nokia. Procter & Gamble made 5 offers base out of Singapore and India, while Pepsico and AirtelBSE -1.25 % had international postings for some as well.

Amazon and Microsoft made 11 and 8 offers respectively while IT sector was represented by Cognizant, IBM, Capgemini, Genpact and Glopore IMS.