IIMs are arguably the most sought after schools to pursue management education in India. Come placement time, world class companies across sectors make a beeline for IIMs to handpick top drawer talents to upgrade their workforce. The placements for the batch of 2020-22 at few IIMs concluded recently. Below, we look at how the latest recruitment drive panned out at the top IIMs.

IIM-Ahmedabad

IIM-Ahmedabad has wrapped up the final placement process for the Post Graduate Programme (PGP) in Management. The students were placed across more than 20 cohorts. As many as 190 companies participated, with around 220 different roles being offered. Boston Consulting Group and Accenture made the most offers. Goldman Sachs was the biggest recruiter in the investment banking domain with six offers, while Bank of America made four.

In the lateral process, companies offered mid-level managerial positions for students with work experience. 36 firms hired from sectors such as technology, banking, consulting and analytics. PayTM made the highest number of offers (20) while PwC (13 offers), American Express (11 offers) and OYO (10 offers) were the other top recruiters.

In the second stage, firms were grouped into cohorts based on the profile offered, and groups of cohorts were invited to campus across different clusters.

If we compare to last year, the private equity, venture capital and asset management cohort saw around 42% increase in the number of net offers while the management consulting cohort had a 30% increase in number of net offers, said IIM-A.

In the consumer goods and general management domain, TAS made the highest number of offers (including the pre-placement offers) at 6, closely followed by HUL, Mondelez and Emaar, with 3 offers. In the IT Consulting cohort, Tata Consultancy Services was the largest recruiter with 4 offers. 

For a complete breakdown, click here.

IIM -Bangalore

As many as 662 offers were rolled out to 513 students in the lateral and final placements for the PGP and PGPBA class of 2020-22. In the analytics domain, 32 offers were made with American Express leading the charts with 17 offers while EXL and Flipkart made 12 and 3 offers, respectively.

Consulting

Of the 248 offers made in the consulting domain, Accenture led the way with 51 offers followed by BCG’s 30. The top recruiters included Kearney (27), Bain & Company (26), McKinsey & Company (22), Ernst & Young (9), PricewaterhouseCoopers (9), Tata Consultancy Services (9), Alvarez & Marsal (7), Arthur D. Little (7), Deloitte (5), Infosys Consulting (5), KPMG (5), Strategy& (5), Auctus Advisors (4), Oliver Wyman (4), IBM Consulting (2), and EY-Parthenon Singapore (2).

IT and product management

Microsoft (15), OYO (11), Amagi Labs (7), Oracle (7) accounted for 141 offers under this domain. Atlassian, Google and Info Edge and Razorpay made 6 offers each, while Angel One, Jio Platforms and UHG Optum made 4 offers each. 

Finance

71 offers were made in the finance domain. Goldman Sachs made the highest number of offers (22) followed by Avendus Capital (7), Citi Bank (5), Deutsche Bank (5), Rothschild (2), Premji Invest (2), Blackstone (1) and CDC Group (1). 

Sales and marketing

40 offers were made in this domain with HUL (6), Asian Paints (4), Samsung (3), Dr. Reddy’s Laboratories (2), ITC (2), Nykaa (2), Pidilite (2), Anheuser-Busch InBev (1), Colgate Palmolive (1), Disney-Star (1), Johnson & Johnson (1), Lenovo (1), Marico (1), Nestle (1), Procter & Gamble (1), Tata Sky (1), Thermo Fisher (1), Titan (1), and Wipro Consumer Care (1) participating in the placements. 

For a complete breakdown, click here.

IIM-Indore

IIM-Indore has completed the final placements for the Post Graduate Program (PGP) and 5-year Integrated Program in Management (IPM). Over 180 recruiters participated in the drive with 30 recruiters coming in for the first time.

The average compensation offered was Rs 25.01 lakhs, an increase of 6% in comparison to last year. The median package also saw an increase of 6.6% compared to last year at INR 24.09 lakhs. The highest package offered stood at Rs 49 Lakhs. The average package of top 100 students stood at INR 37.95 lakhs.

Data analytics & IT

Amazon, American Express, Angel One, Axtria, Capgemini Chrysalis, CarDekho, Cipla, CityMall, Cognizant, EXL, General Electric, Google, Hevo Data, Hindustan Unilever, IBM, IQVIA, Jio Platforms, Joveo, JustDial, MagicBricks made offers in the analytics and IT space.

Consulting

The consulting sector recruited 31% of the batch. Accenture Strategy, Acuvon Consulting, Avalon Consulting, Bain & Company, Boston Consulting Group, Deloitte, Everest Group, Eversana, Ernst & Young, Infosys Management Consulting, KPMG, McKinsey & Company, Michael Page participated in the drive.

Image: IIM-Indore

Finance

The companies such as Avendus Capital, Bank of America, Barclays, Credit Suisse, CRISIL, D.E. Shaw, Deutsche Bank, Finezza, Goldman Sachs, HDFC Bank, HSBC and ICICI Bank made offers in the placement drive.

Sales and marketing

The major recruiters included Aditya Birla Fashion & Retail Limited, Asian Paints, Bajaj Auto, BMW, Cisco, Country Delight, Dabur, Diageo, Grasim Paints, GSK Pharma, Hero MotoCorp etc.

For a complete breakdown, visit here.

IIM-Lucknow

As many as 491 students have received 534 offers from over 150 participating organisations in the latest placement drive. The highest international salary offered stood at INR 61.59 lakhs as opposed to the highest domestic salary of INR 58 lakh.

Accenture, Asian Paints, Bain & Co., Bank of America Merrill Lynch, Barclays, Boston Consulting Group, Blue Yonder, Byju’s, Capgemini, Citi, Colgate Ernst and Young, Aditya Birla Group, Goldman Sachs, PayTM, PwC, Myntra, Wells Fargo, Samsung, Vodafone-Idea etc made offers as part of the placements.

The first-timers included Ambit, Arga Investment Management, Dalberg, Houlihan Lokey, Lincoln International, Meesho, Pharmeasy, Premji Invest, Spinny, Sutra, and Winzo Games etc.

IIM-Kozhikode

IIM-Kozhikode has concluded placements for its post graduate programmes (PGP) including for the inaugural batches of PGP Finance (PGP-F) & PGP Liberal Studies and Management (PGP-LSM). 

A total of 116 companies made 571 offers to 546 students. The average salary grew by 31.3% Y-o-Y to Rs 29.5 lakh per annum. The median salary also saw a 32.5% increase compared to last year and reached Rs 26.50 lakhs per annum.

IT and analytics

The consulting domain accounted for 41% of the total offers made, followed by BFSI, and IT and analytics at 15% each, and sales and marketing at 13%. 

BCG, Accenture Strategy, ABInBev CitiBank, DE Shaw, Deloitte, EY, Goldman Sachs, Google, JPMorgan Chase & Co, McKinsey & Company, Microsoft, Nestle, Nomura, PwC, Samsung, Uber, Walmart and Wipro also participated in the recruitment drive.