As many as 513 students received 662 offers in the lateral and final placements for the PGP and PGPBA class of 2020-22 of the IIM Bangalore (IIMB) over two interview days. Data analytics accounted for 32 offers, a 68 percent increase from the summer placements in last November.
Of the 32 offers from the analytics sector, American Express led the way–just like last year– with 17 offers, followed by EXL at 12, and Flipkart at three.
In November placements, American Express accounted for seven out of 19 analytic jobs offered.
Prominent recruiters in the Information Technology and Product Management domain, who made 141 offers are Microsoft (15), OYO (11), Amagi Labs (7), Oracle (7), Atlassian (6), Google (6), Info Edge (6), Razorpay (6), Angel One (4), Jio Platforms (4), UHG Optum (4), Adobe (3), Brane Enterprises (3), Clear (3), Unacademy (3), Zomato (3), Cisco (2), Eightfold AI (2), Nykaa (2), PhonePe (2) and Sprinklr (2). Other companies in the IT/Product Management domain rolled out 40 offers. The 65 offers made in the fast-growing E-commerce space included Amazon (37), Paytm (16), Flipkart (6), and Myntra (6).
“Overall, there has been a 37% increase in the number of offers YoY, driven primarily by Consulting and Product Management roles. Strategy Consulting continued to be the most sought-after role among the students, followed by Product Management and Finance,” said Harsh Agrawal, Placement Representative.
The highest CTC secured by a student stood at 80 LPA from Bloomberg.
“The hiring cautiousness, exhibited earlier by recruiters during the pandemic, seems to have transformed into a new wave of optimism, enthusiasm and a growth mindset for organizations across all industries and sectors,” said Dr Roopa Adyasha senior manager for Career Development Services.
Last February, IIM-B launched a 16-month online course called ‘AI for Managers.’
