The financial and banking sector was the top recruiter at the Indian Institute of Management (IIM), Ranchi’s summer placements, roping in 43 per cent of its students this year. Last year’s lead recruiter, sales and marketing was a close second, taking in 38 per cent of students. IIM Ranchi, the 8th in the IIM fraternity received 28 new recruiters this year during their summer placements. For a batch of 67 students, 76 offers were made across various sectors by 43 companies.
According to their summer placement report 2012, for its first batch last year, placements in sales and marketing was 31.82 per cent and for the finance sector it was 29.54 per cent. Compared to last year, there is a slight dip in placements in the consulting sector, from 13.64 per cent last year it fell to 11 per cent this year.
Roles offered in the banking and finance sector were in the area of investment banking, corporate banking, equity research, credit research, consumer banking, mortgage services, project finance, etc. Prominent recruiters were Citigroup, JP Morgan, HSBC, Societe Generale, Ocwen Financial Corporation, UAE Exchange, IL&FS;, ICICI Bank, Yes Bank, Altisource, Fullerton Securities, Unicon Securities. Companies that offered internships in marketing and operations were Reckitt Benckiser, Hindustan Coca Cola Beverages, Britannia, Dabur, SABMiller, Emami, Hero Motocorp, Maruti, Boston Scientific, Becton Dickinson, Berger Paints, HT Media, IMRB and Exide.
Prominent recruiters for consulting, analytics and general management were Ernst and Young, Capgemini Consulting, Index Advisory, Asclepius Consulting, IBM, Pitney Bowes and the Oberoi Group.