IIM Bangalore Average Package up at Rs.22.76 lakhs; 10 get overseas offers at an Average of Rs.58+ Lakhs

IIM Bangalore Placement 2018
Monday, October 29 2018, 06:39 PM
IIM Bangalore has released the final Placement 2018 season statistics with Rs.22.76 lakhs average domestic and Rs.58.20 lakhs average international salary with 136 companies making 462 offers to 411 students. Deloitte USI has emerged as the top recruiter with 18 offers followed by Boston Consulting with 17

IIM Bangalore on the lines of its peers, has now released the final Placement 2018 data for PGP 2016-18 students. 136 companies made 462 offers to 411 participating students. Average domestic salary at IIM Bangalore has gone up to Rs.22.76 lakhs while the average international salary stood at Rs.58.20 lakhs in Placement 2018. EXL has emerged as the top recruiter with 22 offers followed by Boston Consulting and Deloitte each making 17 ffers

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Placement Highlights
Key Highlights of placement 2018 at IIM Bangalore are:

  • Average Domestic Package up at Rs.22.76 lakhs
  • Average International Package up at Rs.58.20 lakhs
  • Number of Overseas Offers: 10
  • Total Students participated in IIMB Placement 2018: 411
  • Students who did not seek placement at IIMB: 8
  • Number of Recruiters: 136
  • Number of offers made: 462
  • Number of PPOs made: 155
  • EXL emerged as top recruiter with 22 offers

Sharing the information IIM Bangalore has confirmed, ‘The Lateral and Final Placements for the PGP class of 2016-18 of the Indian Institute of Management Bangalore (IIMB) saw 420 students receiving 462 offers from 136 companies, in India and abroad, across all possible business sectors.’

Top Recruiters
IIM Bangalore played host to most big brands of National and International Repute. EXL emerged as the top recruiter making 22 offers followed by Boston Consulting making 17 offers. Some of the top recruiters with number of offers made are:

Recruiting Company
Number of Offers
Boston Consulting Group
A T Kearney
Accenture Strategy
PwC Tech
Bain & Company
McKinsey & Company
Goldman Sachs
Bharti Airtel

Key Trends in placement 2018
This year the placement process witnessed the participation of 411 eligible students.

136 recruiters with 462 offers
Number of recruiters in final placement 2018 at IIM Bangalore is 136. Although this number is little lower than last year but the placement offers have increased as compared to last year. See key trends in number of recruiters and placement offers below:

IIMB Placement year
Number of Recruiters
Number of placement offers
Number of students participating in Placement
Placement 2018
Placement 2017

High Lateral Placement
The Lateral Placement season for candidates with more than 22 months of work experience saw a high placement trends with more offers being made by firms in varied domains like Consulting, Business Leadership, Product Management, Operations, Category Management, and General Management.

Consulting: the biggest recruiting sector
More Offers were made in the consulting sector. Deloitte USI led with 18 offers followed by The Boston Consulting Group with 17 offers. Others included AT Kearney (16), Accenture Strategy (14), McKinsey & Co (11), Bain & Company (11), Strategy& (6), EY-Parthenon Singapore (5), Nomura Research Institute (5), Deloitte India (4), Ernst & Young (4), GEP Consulting (4), Alvarez & Marsal (3), EXL Consulting (3), Infosys Management Consulting (3), KPMG (3), EY-Parthenon Dubai (2), Feedback Infra (2), Roland Berger (2), Zinnov (2), Actus Advisors (1), Bay Current (1), Hay Group (1), IBM Consulting (1), Parthenon India (1), Renew Power (1) and Siemens Management Consulting (1). About 34% of the batch received offers in management consulting sector.

Conglomerates recruited in good numbers for their leadership tracks in general management positions with Vedanta leading with 5 offers followed by Aditya Birla Group (4), RPG Group (4), Bharti Airtel (4), CK Birla Group (3), Wipro Global (3), Jindal (3), Mahindra Group (2), Reliance Industries (2), TVS Emerald (1) and Tata Administrative Services (1).

General management
General Management roles were offered by Sterlite Power (5), Aequs (3), Capgemini (3), Amplus Solar (2), Microland (2), Mytrah Energy (2), DHFL (1), Dr. Reddy's Laboratories (1), GSK Pharma (1), Max Life Insurance (1), Urbantree (1), Virinchi (1) and Walmart (1). ONGC made two offers in human resources.

The offers in the fast-growing analytics space included EXL Services (9), American Express (7), UnitedHealth Group (5), PwC DIAC (3), MasterCard (2), Visa (1), WNS Global (1).

Information Technology
Prominent recruiters in the information technology space included Microsoft (4), EXL (3), Infoedge (3), Servion (3), Telstra Communications (3), VMock (3), Fullerton (2), iPremed (2), Directi (1), SapientRazorFish (1), MAQ (1), Media.net (1), Sprinkler (1), Zynga (1).

Other companies that recruited in the IT product management domain were Gulf Talent (2), Bharti Airtel (1), BNY Mellon (1), Gwynnie Bee (1), Hindustan Unilever (1), Procter and Gamble (1) and Karvy (1).

The e-commerce and online space saw Amazon leading with 8 offers while other recruiters included Oyo Rooms (6), Paytm (5), Flipkart (3), Ola Cabs (3).

Operations roles were offered by EXL Services (5), Stovekraft (5), AB InBev (2), Bharti Airtel (2), Hindustan Coca Cola Beverages (1) and Schneider Electric (1).

Banking & Finance
IIM Bangalore played host to most leading global banks on the first day of the Final Placements with Goldman Sachs making the maximum of nine offers. Other offers were from Deutsche Bank (6), Citibank (3), HSBC (3), JP Morgan (1), Blackstone (1) and Standard Chartered (1). Investment firms included Ambit Capital (1), Arpwood Capital (1), Myntra (1), o3 Securities (1) and Sabre Partners (1). Eight Capital, a hedge fund recruited at IIMB for the first time. Among banks and financial firms, ICICI Bank made the maximum of nine offers. Others included Yes Bank (6), Kotak (5) and National Housing Bank (2). Financial Services recruiters included Anand Rathi Wealth Management (5), Bajaj Finserve (4), Altisource (1), BNY Mellon (1) and Piramal Finance (1). Corporate Finance roles were offered by Bharti Airtel (2), Flipkart (2), Hindustan Unilever (2), Reliance Treasury (2), Procter & Gamble (1).

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 led by Samsung Electronics with ten offers.

Other leading recruiters in this category were Bajaj Auto (5), Procter & Gamble (4), Anheuser-Busch Inbev (4), Johnson & Johnson (4), EXL Services (3), ValueLabs (3), HMD (2), Hindustan Unilever (2), Indian Oil Corporation (2), ITC (2), Mondelez (2), Vodafone (2), Tata Sky (2), Asian Paints (1), CavinKare (1), Coca Cola (1), Jubilant Foodworks (1), Marico (1), Olympeo (1), RW Promotions (1) and Wipro Consumer Care (1).  M.H.Alshaya recruited 1 student this year.

Technology consulting
Technology consulting domain saw PriceWaterhouseCoopers making the maximum of 12 offers followed by Accenture Technology (6), Larsen and Toubro Infotech Consulting (5) and Cognizant Consulting (4).

IIM Bangalore is an autonomous, standalone management school and not part of any university. It was established in 1973 by the Government of India through the creation of an IIMB Society which is the legal entity behind the institution. The school works within the national policy guidelines established by the Ministry of Human Resource Development, Government of India. It is amongst the top management schools in India and Asia according to several rankings. In 2013, IIMB was re-accredited by European Quality Improvement System (EQUIS).

IIMB is the first B-School in Asia to sign an agreement with Harvard Business Publishing (HBP) to distribute faculty teaching cases. IIMB has also entered into a partnership with Richard Ivey School of Business to co-brand and distribute faculty-authored cases globally.

Stay tuned to MBAUniverse.com for more updates on IIM Bangalore