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IIM-C wraps up placements in 2.5 days

Education NewsThe batch consisting of 438 students, the largest amongst the older IIMs, received an unprecedented 501 offer during the entire process – including 143 through lateral hiring, 224 in finals and 134 through Pre-placement Offers (PPOs).

Known as the Finance Campus of India, IIM-C registered a whopping 100+ offers in the sector. Bank of America Merrill Lynch, Goldman Sachs, Citibank, BNP Paribas, Deutsche Bank, Avendus Capital, ICICI Securities, Kotak IBD, Edelweiss, Allegro Advisors and other finance firms recruited for multiple roles.

IIM Calcutta students secured 22 offers in front-end Investment Banking/PE/VC roles, the highest across IIMs. Exclusive roles were offered by Bank of America Merrill Lynch for Investment Banking, Markets (Hong Kong) & Risk (HK & Mumbai) divisions. Other exclusive offers were made by Goldman Sachs Markets (London & Mumbai), Credit Suisse IBD, BNP Paribas IBD, etc. A leading brokerage house recruited for its Singapore office exclusively from IIMC.

The meteoric rise in the e-Commerce sector was reflected in the placement statistics. 47 offers, a significantly large number compared to last time, were made by E-Commerce and Web-based startups like Amazon, Snapdeal, Flipkart, Olacabs, GroupOn, Quikr, UrbanLadder, CarTrade etc. Online medical practice management firm Practo, Edgeverve (an Infosys company), Germany based incubator firm Rocket Internet (APAC Internet Group) and Nokia Networks Finland (hiring exclusively from IIM Calcutta) participated for the first time and rolled out international offers.

Consulting firms also showed great faith in the campus making 20% of the total offers. The Boston Consulting Group, Bain & Co., McKinsey, AT Kearney and Accenture Management Consulting were amongst the major firms to hire in the consulting sector.

With 18 offers in all, Accenture was the largest recruiter at IIM Calcutta this year. Other consulting firms which hired from IIM Calcutta included Alvarez and Marsal, Opera Solutions (exclusive recruiter), BMGI, Synergy Consultants, ZS Associates and Deloitte among others.

Sales and Marketing contributed 19% of the offers. Firms that made offers include P&G, Reckitt Benckiser, Kelloggs, ITC, Philips etc. Coca Cola, PepsiCo, Mondelez, Dabur and Middle-East based retail firm Alshaya recruited via PPOs. Firms like Tata Administrative Services (TAS), Aditya Birla Group (ABG), CK Birla Group, Reliance Industries Limited (RIL), Essar, Lodha Group, Wipro (Global 100 Program), Airtel etc. hired for their Leadership and General Management Roles.

Source: TOI

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