In Indian B-schools placements takes places in two stages-Lateral and Final Placement. The lateral placement offers are made to students with work experience and the final placement is for the freshers.IIM Calcutta had a rich haul of companies coming their way in 2015 with over 500 jobs being offered to 438 participants. Various premier companies made 143 lateral offers, 134 pre-placement offers and 224 final offers to the 2015 batch students in the field of Finance, Consulting, Sales & Marketing and E-Commerce. Goldman Sachs, BNP Paribas, Boston Consulting Group, Accenture, Kellogg’s, ITC, Coca Cola, PepsiCo, Reliance Industries Ltd, Amazon and Flipkart among others were among the main recruiters.
Even other IIMs also reported good placement for 2015.IIM A which schedules its placements in 4 clusters, saw its 375 strong batch being placed within 3rd cluster itself. Due to “dream application” initiative, students were selective in the choice of the sectors and functions for their final placement. There were 155 companies that participated in the process which hailed from diverse sectors such as Analytics, Banking & Financial Services, Management Consulting, Consumer Services, Internet & E-Commerce, Pharmaceuticals and Technology. Aditya Birla Group, Alvarez & Marsal, Amazon,Flipkart, Google, Microsoft and Star TV India were the top recruiters. IIM Bangalore’s 398 students were offered more than 450 jobs across 200+ profiles.
XLRI Jamshedpur achieved its 100% placement in just 3.5 days ,which had the largest batch ever to sit for final placements in XLRI history.XLRI final placements saw representation from 108 companies from diverse fields such as BFSI, FMCGs, General Management, Consulting andTechnology. While ICICI was the largest recruiter, ITC recruited the largest chunk of students in the FMCG space. Fields like General Mangement, Consulting and Technology saw recruitments from companies like Reliance Industries Ltd., Price Waterhouse Coopers, KPMG, Microsoft, Lenovo, Samsung, Amazon, and etc.XLRI reported an annual median salary of Rs 17 lacs per annum, which ishigher than the median salary of previous year.
Delhi University’s Faculty of Management Studies received 236 offers for its 217 students with an average Cost to Company (CTC) of Rs 17.04 lacs per annum. The highest recruiters in the Consulting and General Management field were Accenture Strategy and Deloitte USI (S&O).Finance field placements saw maximum participation from Citibank, Deutsche Bank, Goldman Sachs and HSBC. Coca Cola, Nestle, Unilever, PepsiCo and ITC dominated the sales and marketing scene.E-commerce sector found recruitments from companies like Amazon, Pay TM, MakemyTrip etc.
2015 has been a great year for placements in Indian B-schools. Great placement records show that there is a huge demand of management students in top companies of the world. Looking into the placements we can say that a good management degree gives fillip for a fruitful career.