Indore, Jan 20: The Summer Placement process for the two-year flagship Post Graduate Program (PGP) along with the 5-year Integrated Program in Management (IPM) for the Class of 2022 was completed by the Indian Institute of Management Indore, in a virtual mode, repeating its feat of 100% summer placements for the largest batch across IIMs with 575 participants despite exceptional challenges brought on by the Covid-19 pandemic.
The novelty of a virtual ecosystem with Industry, integrated for the summer placement 2021, will always be a landmark achievement brushing aside the ripple effect of the COVID-19 pandemic.
“We are delighted that once again, the top recruiters of the country have reposed their faith in our students despite the dire COVID circumstances. We aim to continue strengthening our relationship with the industry, thereby offering a world-class and contextually relevant curriculum that enhances our participants’ skills and develops them as socially sensitive leaders and managers”, said Professor Himanshu Rai, Director, IIM Indore.
Apart from the traditional recruiters, a lot of first-time recruiters participated in the summer placement process. The organizations which participated in this year summer placement season included Amazon, American Express, ArcelorMittal Nippon Steel, Asian Paints, Axis Bank, Bain & Co, Bajaj Auto, Barclays, Bridgestone, Boston Consulting Group, Capgemini, Cognizant, Cipla, Credit Suisse, D E Shaw, Deloitte India, Deloitte USI, Deutsche Bank, Everest Group, General Electric, Goldman Sachs, Google, GlaxoSmithKline, HSBC Bank, Hindustan Unilever, ICICI Bank, ITC, JP Morgan Chase & Co, Jubilant Foodworks, Kotak Mahindra Bank, Larsen & Toubro, L’Oreal, McKinsey & Co, Marico, Piramal, PricewaterhouseCoopers SDC, StateStreet, Sony Pictures Network, Tata Consumer Goods, Tata Steel, UB Group, Optum, _VOIS, Walmart Labs, and Yes Bank among others.
Despite the tough times, 70+ new recruiters participated this time, including Amazon Web Services, Cloudtail, GlaxoSmithKline Consumer Healthcare, Lubrizol, Marsh, Rohatyn Group, Tata Consumer Products, and Veritas. All the recruiting partners continue to put their trust in the Institute because of its inculcating values through innovative experiential learning, the high degree of industry integration, and consequent curriculum relevance.
In the Consulting domain, marquee recruiters like Boston Consulting Group, Bain & Co, Deloitte India, Deloitte USI, Everest Group, GEP Consulting, McKinsey & Co, PricewaterhouseCoopers SDC, Optum, among others, recruited 24 percent of the batch.
Sales and Marketing was one of the most sought-after domains constituting 25 percent of the total offers as recruiters including Asian Paints, Dabur, Hindustan Unilever, ITC, L’Oreal, Marico, Piramal, Puma continued to bestow their trust in the Institute. Finance attracted 21 percent of the total offers from the big names like Barclays, Credit Suisse, D E Shaw, Deutsche Bank, Goldman Sachs, HSBC Bank, JP Morgan Chase & Co, StateStreet etc. for premier roles.
IT & E-commerce companies like American Express, Baker Hughes, Capgemini, Google, General Electric, Microsoft, Walmart Labs offered a good number of roles to students. Big recruiters and conglomerates that offered leadership roles are ACT Fibernet, Amazon, Cipla, JSW Group, Mahindra & Mahindra, Larsen & Toubro, and Tata Steel.
The highest offer was said to be for Rs 3.2 lakh (for two months) while the average remained Rs 1.8 lakh (for 2 months), marking a 7 per cent increase from the last batch.
