Wednesday, November 13, 2013

IIM Bangalore closes summer internships

Technology giants such as Google, Microsoft and Juniper Networks took part at IIM Bangalore (IIMB) Summer Placement programme.
Technology companies offered unique roles to students selected. Big players from the e-commerce segment included Amazon (12 offers) and Flipkart (10 offers) for different profiles including operations.
Tata Steel and Maersk Line also extended offers for operations roles. Media houses like Bennett Coleman and HT Media visited the campus adding diversity to the range of profiles offered.
Students also showed interest in start-ups like TaxiforSure and FreeCharge, choosing companies offering hands-on experience of working in a start-up environment over regular recruiters.
“These students will gain exposure to entrepreneurial ventures during their stint working with start-ups which aligns well with IIMB’s philosophy of promoting the entrepreneurial spirit among students,” Professor Sankarshan Basu, Chairperson, Career Development Services, IIMB.
With 106 women in the batch, students received offers from regular as well as new recruiters across sectors.
IIM Bangalore played host to an increasing number of MNCs and banks who hired for international career programs and more than 50 students are expected to intern at international destinations.
The placement programme saw new recruiters on campus which included Roland Berger, Bristol-Myers Squibb, Juniper Networks, Maersk Line, Feedback Infra, C.K. Birla Group, Landmark Group and iNautix.
Management Consulting
Around 23 per cent of the batch will intern in the consulting sector. Big recruiters this year were The Boston Consulting Group (BCG) with 15 offers, McKinsey & Co. with 11 offers, and Accenture Management Consulting making 10 offers.
Other prominent recruiters included Alvarez & Marsal, A.T. Kearney, Bain & Co., Booz & Co., Deloitte, Roland Berger and Siemens Management Consulting.
Sales & Marketing
Around 29 per cent of the batch received offers for sales and marketing internships. Procter & Gamble and Hindustan Unilever hired 11 and 8 interns respectively for domestic and international locations. Top FMCG companies who continued showing keen interest in talent from IIMB included Nestle, Kraft Foods, PepsiCo, Coca-Cola, GlaxoSmithKline and Reckitt Benckiser. Johnson & Johnson and DuPont participated in the process offering international marketing leadership programme. Other major recruiters in marketing space included Airtel, Abbott, Asian Paints, Philips and Vodafone.
General Management
Around 12 per cent of the batch has chosen to intern in this sector. Aditya Birla Group with 11 offers was the top recruiter this year. Conglomerates offering general management and leadership programs such as TAS, Mahindra & Mahindra, GE, Shell, Reliance and Cairn also recruited in higher numbers. Firms such as C.K. Birla Group and Syngenta participated for the first time selecting students for general management roles.
The Summer Placement process for the Class of 2015 at IIM Bangalore (IIMB) concluded in a record time of three days, placing the largest ever batch of IIMB. The Summer Internship Placement process was completed in six slots spread over three days. A total of 135 recruiters visited the campus resulting in 398 internship offers for students of PGP program, the flagship program of IIM Bangalore. Five students with more than 34 months of work experience opted out of summer internship process.

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