Day Zero consisted of global investment banking firms like Goldman Sachs, Merrill Lynch, Deutsche Bank, JP Morgan, Lehman Brothers, HSBC and Barclays Capital. Companies like UBS, Freudenberg (the German Conglomerate) Reinsurance Group of America, General Motors Shanghai, Target Group (the International Retailing giant) recruited exclusively from IIMB. New recruiters in the summers process included investment banks like Credit Suisse First Boston, Citigroup, consulting firms like the Boston Consulting Group, Private Equity players like Temasek Holdings and Barings and Hedge Funds such as Sandstone Capital. Offers made on Day Zero placed students across the world, including Wall Street, London, Tokyo, Hong Kong, Singapore, Bonn, Munich, Berlin and Bangkok. General Motors Asia Pacific made its debut in the IIM recruitment process for their Shanghai unit and recruited interns for its Treasury division. This nearly guarantees a global exposure to IIMB students. Some of the biggest recruiters of Day One were HLL, P&G;, Citibank, HSBC India and Development Bank of
Indian Firms like P&G;, Tata Administrative Services, ICICI Bank, Metlife and Aditya Birla Group also offered positions abroad, showing an emerging trend. Of the 71 students with overseas offers, it is notable that 18 were women who represent almost 45% of the female strength at IIMB.
Companies were also upbeat about their prospective hires – “IIMB is perhaps the most preferred campus from the perspective of finding well rounded student profiles from diverse backgrounds, meeting both academic and extra curricular accomplishments” said Krishnaprasad Ramanathan, Vice President, Wealth Management, HSBC The overwhelming success of the process and the companies’ response is a reflection of the quality of students selected by IIMB and a growing international reputation for the institute. Similar levels of participation and interest is expected carry forward into Final placements 2006.