The week dedicated to summer placements – November 6-11, 2023 – saw 484 students (437 PGP and 47 PGP-BA) being placed, while 115 students (89 PGP and 26 PGP-BA) were placed in a subsequent rolling placement process, said a statement released by IIM Bangalore.
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The latter process included a targeted drive by Atypical Advantage to place 12 students with disabilities with leading companies. Three PGP students sought and found summer internships on their own, the institute said.
“The rolling summer placements saw many first-time recruiters offering roles in strategy, marketing, products, finance, analytics and investments – some of the projects offered were more interesting and challenging than those offered during the summer placement week,” said Ganesh N Prabhu, chairperson, Career Development Services, IIM Bangalore.
Consulting firms made the largest number of offers (158), with Accenture Strategy making a record 45 offers, yet the ratio of students interning in consulting fell marginally this year as many sought-after finance, banking and investment firms made more offers (130) this year. Fast-moving consumer goods and retail firms, which are aspirational for marketing roles, made 69 offers. The 55 offers by manufacturing firms were in areas such as supply chain and new product entry. The 45 offers by e-commerce and payments firms were in digital marketing and cards business.
IT related firms made 43 offers in areas including IT consulting and product management. Business conglomerates made 41 offers, primarily in their leadership tracks for general management roles. Several foundations together made 29 offers in governance consulting and growth plans. Healthcare firms made 19 offers in marketing and new business initiatives. Analytics and artificial intelligence firms made 13 offers with projects in new business applications. In the consulting domain, besides Accenture Strategy, the list of companies included Bain & Company (17), Boston Consulting Group (17), EY Parthenon (15), TCS Strategic Leadership Program (11), McKinsey & Company (10), Kearney (8), Strategy& India (6), Alvarez & Marsal (5), Arthur D. Little (4) and NRI Consulting (4).