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IIM Indore, boasting of the biggest batch across IIMs with 562 PGP and IPM participants has wrapped up summer placements for the class of 2017.
The average stipend for the batch stood at INR 91,000 for 8 weeks, an increase of 28% over the last year. Marquee recruiters Asian Paints, Kellogg’s, Mapro Foods and Microsoft returned to the campus along with Bharti AXA, EMC Corporation, Sarda Group and Xerox India visiting for the first time. The highlight of this year was a significant increase in the number of roles and offers by each company.
The highest stipend was INR 3 lakhs (for 8 weeks), offered by The Boston Consulting Group and a leading private equity firm. BCG, Cognizant Business Consulting, Deloitte S&O, RedSeer Consulting, TCS were some of the prominent recruiters in the Consulting domain.
BFSI domain witnessed offers from investment banks like Deutsche Bank, Edelweiss, Goldman Sachs, J P Morgan, whose combined offer count was more than 40. American Express, Arcesium, Axis Bank, CRISIL, Fidelity Investments, HSBC, ICICI Bank were the other big names. The above firms offered diverse roles ranging from Investment Banking, Equity Research, Credit Analysis, Retail Banking and Risk Management. Investment Associate role was offered by a Private Equity company.
Sales and Marketing remained one of the most preferred domains amongst the participants with big brands like Asian Paints, Britannia, Dabur, HUL, ITC, Kellogg’s, L’Oréal, Marico, PepsiCo, Philips, Pidilite, Raymond, Tata Steel, Tolaram Group, Vodafone expressing their faith in the marketing talent at IIM Indore. Other prominent recruitment partners include Genpact, GSK Pharma, HT Media and Multi Screen Media.
Aditya Birla Group, Airtel, JSPL, L&T, Mahindra & Mahindra, Reliance Industries Limited, Robert Bosch offered General Management roles. Operations domain was strengthened by significant increase in offers from Adani Wilmar, Cummins India, Maersk, Philips and Vodafone.
Technology and IT firms thronged the campus with General Electric, HUL, EMC Corporation offering coveted leadership roles and Microsoft recruiting for their sought after Program Management role. Mindtree and Xerox offered Product Management roles while Capgemini, IBM, Mahindra Comviva, TCS, Wipro recruited for a wide range of roles. Analytics domain continued its strong emergence with increasing number of offers being rolled out by American Express, eBay, Google, Tiger Analytics, to name a few. Infibeam, Purplle and Snapdeal were a few other prominent names under the ecommerce sector.
This year saw funded and Nasscom 10000 list start-ups participating in the process and offering diverse roles in Business Development, Digital Marketing, Market Research amongst others. The second batch of Integrated Programme in Management that appeared for summer placements witnessed participation by leading recruiters like Adani Wilmar, AkzoNobel, Britannia, Deloitte S&O, Genpact, HUL, ICICI, JP Morgan, L’Oreal, Mahindra & Mahindra, to name a few.
“The summer placement process of the 2015-17 batch, with a marked improvement in the number of first time recruiters, profiles offered and stipend has been testimonial to the faith in the institute’s course pedagogy and quality of students. I thank the recruiters for actively
participating and offering internships to our PGP and IPM participants.”- Prof. Rishikesha T Krishnan, Director, IIM Indore.
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