Consulting, Financial Services Dominate Summer Placements For IIM C’s MBM (PGP) Class of ’16

IIM Calcutta has wrapped up summer placements for its Masters in Business Management (Two-year PGP) programme. The 450-strong 2014-16 batch found internships in a record 2.5 days with 378 offers being made in the Slot Zero period alone. Amazon was the top recruiter overall with 22 offers across leadership and operation roles.

Consulting firms offered summer internships to 23 per cent students at IIM Calcutta for the class of 2016 of the two-year Masters in Business Management (PGP) course. The two-year PGP at IIM C is an AMBA accredited Masters in Business Management programme meant for recent graduates with minimal work experience.

The highest number of offers came from The Boston Consulting Group, India, with 20 offers, followed by Bain and Co (13), McKinsey (12) and AT Kearney (eight).

Accenture Strategy made 15 offers. Some consulting firms visited IIM Calcutta for the first time — notable ones among them being Deloitte US S&O, Auctus and Arete Advisors.

More than a fourth of the batch secured offers in the banking and financial services domain. Banks such as Citi, Bank of America Merrill Lynch, JP Morgan Chase, UBS, Goldman Sachs, Avendus Capital and Deutsche Bank together offered about 20 front-end investment banking and markets roles.

Haitong SA, a Portuguese Bank, hired for the first time, while UBS and Citi recruited exclusively from IIM Calcutta for their investment banking roles. Also corporate banking and MNC coverage roles were offered to students by Standard Chartered, BNP Paribas and Citi. PE/VC firms like Altico Capital, I-squared Capital and SeaLink Capital also chose to visit IIM Calcutta for recruitment.

Food and Beverage majors like PepsiCo, Coke, Mondelez and Nestle were among the primary recruiters for sales and marketing and corporate finance positions. Belgian beverages giant Anheuser-Busch InBev was a first-time recruiter and hired two students.

Thirty-one students were hired for leadership roles by TAS, Aditya Birla Group, Mahindra, Alshaya and a few others. CESC visited exclusively and hired 4 interns for their first batch of management trainee program.

The e-commerce sector saw 67 students choosing to intern in firms like Amazon, Flipkart, Snapdeal, Ebay, Quikr, Sulekha and AskMe. Major internet based companies like Uber, Ola and Cardekho recruited students for strategy and operations – giving them the opportunity to work in unconventional roles and challenging start-up environment.

Rocket Internet hired for its business strategy roles with locations in Europe, Africa and Middle East.

Some diverse roles offered this year were from financial technology firms like Altisource, Ocwen, Transerv and Senteio. Samsung R&D Bangalore (SRIB), visited campus for the first time and hired an intern to work with the CTO.

Disney recruited for the first time for its strategy division thus opening up new opportunities in the entertainment and media industry along with other media houses like Star India and Bennett Coleman & Co.

Some students chose to work with start-ups that have been incubated by the IIMC Innovation Park, the incubator.