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IIM Bangalore Placement 2017, Average Salary rises to Rs. 21 Lakh

IIM Bangalore is a leading research-focused business school in Asia has finally relevant their placement report for the year 2017. IIM Bangalore has proved that it is second to none as its students have grabbed higher placement offers both at domestic and international Placements 2017 than last year. Students from the premier management institute bagged offers from Top brands and companies, not only from India but across the Global.


IIM Bangalore Placement 2017 is over with 160 recruiters making 450 placement offers to 411 participating students with more than 200 job profiles. Boston Consulting has emerged as the top recruiter with 20 offers followed by Goldman Sachs and Accenture making 14 offers each.


10 students preferred to opt out of the placement process to pursue Entrepreneurship and other ventures. Recruiters made 162 Pre Placement Offers to the IIM Bangalore students. However, students have accepted only 133 PPOs.


The final Placement 2017 at IIM Bangalore began on March 1 as scheduled and was over before March 4. With more than 160 companies participating and making more than 450 offers across 200 job profiles, IIM Bangalore has successfully concluded the final placement 2017 for the PGP 2015-17 classes with 100% placement.


Top Recruiters
IIM Bangalore played host to most big brands of National and International Repute. Boston Consulting emerged as the top recruiter making 20 offers followed by Goldman Sachs, Accenture making 14 offers.


25% New Recruiters
IIM Bangalore placement 2017 witnessed around 25% first time recruiters. New recruiters included Sprinklr with 6 offers;  Sterlite Power, BNY Mellon, Power Finance, Vedanta, Stovekraft, Hay Group, Gulf Talent, Tolaram, Intellipaat, Indian Oil, Ambuja Cement, Amplus Solar, Saint Gobain, Pernod Ricard, Cello and Danaher among others.


Consulting: the biggest recruiting sector 
More than 30% of the entire batch received offers in the consulting sector. In the Consulting domain, The Boston Consulting Group was the top recruiter with 20 offers. Following it were McKinsey & Co with 13 offers; Bain & Company-10 offers; EXL Consulting-10 offers; Deloitte-10 offers. AT Kearney made 9 offers.


Other recruiters in Consulting domain included Alvarez & Marsal, Roland Berger and Strategy&, KPMG, PricewaterhouseCoopers, Nomura Research Institute, PwC Diamond Consulting and Ernst & Young.


Conglomerates such as Aditya Birla Group made 10 offers. Other top recruiters include Tata Administrative Services (TAS), Reliance Industries Ltd, Mahindra Group, Jindal,  CK Birla, RPG, Wipro among others.


Banking & Finance
A host of Indian and International Banks and financial institutions such as Goldman Sachs with 14 offers, Citibank, ICICI Bank, HSBC, Morgan Stanley, Yes Bank, Deutsche Bank, DBS, Standard Chartered, Visa, Axis Bank, JM Financial, Fullerton, Societe Genrale, Aviva and CRISIL among others emerged as top recruiters at IIM Bangalore Placement 2017


Sales & Marketing 
Many students also chose to go to Sales and Marketing functions, and were extended offers by major consumer goods and services firms. The major recruiters in this category were Anheuser-Busch Inbev  with 8 offers. Other top recruiters included Asian Paints, Himalaya , Hindustan Unilever, ITC, Johnson & Johnson, Marico, Procter & Gamble among others. International retail chain from Middle East M.H. Alshaya also recruited 4 students.


Prominent recruiters in the technology space included Capgemini, IBM, Cognizant,Samsung, Tech Mahindra, Microsoft, WNS, Directi, Sterlite Technologies, Microland, Sasken, UnitedHealth Group, Schneider Electric, Phillips, Robert Bosch, Honeywell, Sutherland Global among others recruited from the campus.


E-commerce: Lost prominence
The E-Commerce space saw very less presence. While Amazon was the top recruiter with 12 offers, other recruiters included Ola Cabs, Paytm, Myntra, Cloudtail, Swiggy and Uber.


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