Indian Institute of Management (IIM) Indore has successfully concluded the summer placements for the first year batches of Post Graduate Programme in Management (PGP) and five-year Integrated Programme in Management (IPM) with an increase of 20 percent in the average summer stipend. Over 150 recruiters participated in the IIM Indore summer placements process, which included 60 new companies.
Nearly 543 students, one of the largest batch among IIMs includes 447 PGP and 96 IPM students, participated in the summer placement process this year. The highest stipend for 8 weeks was 3 lakh for two months while the average jumped over 20% to 1.24 lakh.
IIM Indore which boasts of having the most diverse batch among Indian Business Schools, saw the return of marquee recruiters such as Aditya Birla Group, American Express, Boston Consulting Group, Credit Suisse, D.E Shaw, Deutsche Bank, Ernst & Young, Goldman Sachs, Hindustan Unilever, ITC, JPMorgan Chase and Mahindra & Mahindra while brands like Amazon, Bank of America Merrill Lynch, General Electric, IMS Consulting Group, Macquarie Investment Bank, Nestle, P&G, Synergy Consulting, United Breweries were some of the new names on campus for summer placements 2017 compared to the previous year.
Finance and Sales and Marketing sector emerged as the top choices for students with 32% of the batch opting for each. Nearly 17% of the students opted for consulting while 10% chose General Management roles.
Banking, Financial Services and Insurance (BFSI) sector witnessed internship offers from American Express, Bank of America Merrill Lynch, CIMB Malaysia, Credit Suisse, D.E. Shaw, Deutsche Bank, Edelweiss, Fidelity Investments, Goldman Sachs, HSBC, JPMorgan Chase, Macquarie Investment Bank, Nomura, Reserve Bank of India and Royal Bank of Scotland. The roles offered ranged from Asset Management, Corporate Banking, Credit Analysis, Equity Research, Investment Banking, Retail Banking, Risk Analytics Management, and Wealth Management.
In Sales and Marketing domain, a hoard of fast-moving consumer goods (FMCG), recruiters included like AkzoNobel, Asian Paints, Britannia, ConAgra Foods, Dabur, HUL, ITC, LOréal, Marico, Nestlé, P&G, Pidilite and United Breweries.
Non-FMCG recruiters included the likes of Airtel, Bajaj Auto, Bentley Motors, Cipla, Decathlon, Eli Lilly and Company, GSK, Mattel, Philips, Puma, Raymond, Royal Enfield, Sun Pharma, Vodafone, Google and UnitedHealth Group to name a few.
General Management aspirants were offered leadership roles by recruiters like Aditya Birla Group, Airtel, Cipla, General Electric, JSW group, Mahindra & Mahindra, and Reliance Industries. Operations and HR roles were offered by Amazon, Cummins, HPCL, ICICI Bank, L&T, Mattel, Piramal Group, Sun Pharma among others recruiters
Several coveted consulting roles were offered by firms including Acquisory Consulting, Avalon Consulting, Backspace Consulting, Boston Consulting Group, Cognizant Business Consulting, Ernst & Young, IMS Consulting Group, PwC, Synergy Consulting etc.
Students from the five-year Integrated Programme in Management (IPM) were recruited by several marquee recruiters including Aditya Birla Group, Goldman Sachs, JPMorgan Chase, Loréal, Nomura Holdings and United Breweries.
Over 10 students received internship offers for their coveted roles at international locations from Bentley Motors, CIMB Malaysia, ConAgra Foods, Macquarie Investment Bank and Mount Meru Group.
Professor Rishikesha T. Krishnan, Director, IIM Indore said, “This year as well, many returning long-time and first time recruiters chose to recruit students from our campus for internship opportunities as a testimony to their increasing faith in our robust process, rigor in academics and emphasis on relevant management education. Both PGP and IPM participants have shown commendable enthusiasm in opting for various roles from a wide range of choices made available to them. The alumni community has also taken an active part in helping us increase our reach. On behalf of the IIM Indore community, I would like to thank all our recruitment partners for making IIM Indore Summer Placements a success and IIM Indore as one of their most preferred campuses for recruitment.”
The Indian Institute of Management, Indore (IIMI) has bucked the current slowdown blip to clock 100 per cent summer placements even as the domestic economy battles demonetization and Goods and Services Tax (GST) blues. Have any queries or comments regarding “IIM Indore Summer Placements“, you can discuss via the AfterGraduation Forum. Connect with us for Higher and Professional Education updates on Linkedin, Facebook, and Twitter also.