IIMB’s Summer Placements this year broke all records, wrapping up in less than three days flat with forty-one lucrative foreign offers to its batch of 187 students. It is the fastest ever process at the IIMs and at any Indian b-school with a batch of comparable size.
Investment Banks from abroad, multinationals and the best Indian corporates came, saw and picked up like never before.
Total no. of companies scheduled for Summer Placements: 120
Total no. of recruiting companies: 74
No. of students in the batch: 187
Total no. of offers: 255
Total no. of acceptances: 183
Total no. of international offers: 41, twice the number last year
Number of slots: 3
Locations of Foreign Offers : New York, Tokyo, Hong Kong, London, Singapore
Sectors: Mainly Investment Banking
No. of Slot Zero international offers: 34
Companies and no. of offers by them: Goldman Sachs (5) Lehman Brothers New York (2) Lehman Brothers Asia, for Tokyo and Hong Kong (4), HSBC London (5), Deutsche Bank (4), Barclays Capital (3), JP Morgan Securities London (2), Deutsche post Worldwide (3), Barclays Capital (3) and Technofast Consulting (6), ICICI Bank International banking (1)
Last year’s Slot Zero recruitment: 9 offers last time from 3 companies.
Sectors: All streams, including Consulting
Companies: IBM (18), ICICI (16), Hindustan Lever (10), Cognizant (9), Times Group (9), Tata Admistrative Services (7), Citibank (6), ICICI Prudential (6), Procter & Gamble (5)
Among the new companies on slot one were KPMG, Accenture Consulting, Ernst & Young and PricewaterhouseCoopers. 13 consulting offers were made during Slot One. International recruiters on day one were National Kidney Foundation Singapore, Procter & Gamble Singapore and Olam International.