PaGaLGuY.com News Service's post

in MBA in India
Updated 2 years ago

The Indian Institute of Management Calcutta (IIM C) recently concluded its summer placement process for the Post Graduate Program (PGP) batch of 2012-14. The institute told PaGaLGuY that out of close to 240 firms which confirmed participation, only 154 among them could make offers due to the process ending ahead of schedule.

A total of 454 students out of the batch of 463 students signed up for the placement process. According to the information made available by IIM C, the 9 students did not wish to take summer internships through IIM C Career Development and Placement Office. This decision was taken by these students about two months before the placements started. Among the 454 students who did opt for the summer placements, 5 students dropped out and chose to explore opportunities outside.
Total batch strength 463
Total no. of students opting out 14
Companies confirming presence 240
No. of companies which made offers 154
No of offers accepted 449*
*The institute refused to divulge the total no. of offers made.

Boston Consulting Group (12 offers), Accenture Management Consulting (11 offers) and Amazon (11 offers) were among the largest recruiters. Although the institute affirmed that international offers were also made, it could not quantify the same as firms were undecided on the locations.
Function-wise break up


Sales and Marketing: 24% of the batch opted for profiles in sales and marketing. Hindustan Unilever, Procter & Gamble, Nestle, Kraft-Cadbury, ITC, J & J Consumer, Reckitt Benckiser, Perfetti van Melle, Heinz, Asian Paints, Pepsi, Dabur, Coke, GSK Consumer, SAB Miller, Asian Paints, Airtel, Nokia, Lenovo and Unino were some of the companies which came to recruit for this function. Profiles such as sales and research were offered by Procter & Gamble.

Finance: This function, alongwith sales and marketing, saw the maximum percentage of offers (24%). Roles in Investment Banking, Markets and Institutional Client Group (ICG) were offered by Citi. Corporate and Transaction and Treasury Banking roles were offered by banks such as Standard Chartered, HDFC Bank, American Express, Axis Bank and Deutsche Bank. Other leading recruiters were JP Morgan, Credit Suisse, Barclays Capital, UBS, Bank of America Merrill Lynch, NM Rothschild, World Bank, Mizuho Securities, Royal Bank of Scotland, HSBC Global Markets (India & HK), Nomura, Edelweiss, ICICI Bank, Development Bank of Singapore, Magma Fincorp and Ocwen Financial Corporation.

Consulting: This function was also a big draw for the students with 20% of the batch opting to train with companies offering consulting profiles. Mckinsey & Co., Boston Consulting Group, Bain & Co., A.T. Kearney, Accenture Management Consulting, Global eProcure, Deloitte, PwC, Hay Group, Jones Lang LaSalle, Alshaya, Capgemini, CEB, CGN Associates, Synergy Consulting, Wipro, Cognizant, IBM Consulting, HCL and TCS offered profiles in this function. Boston Consulting Group and Mckinsey & Co. among others offered roles in business consulting. Hay Group offered roles in HR consulting whereas Global eProcure offered roles in supply chain consulting.

General Management: 11% of the batch opted to train in the general management function. TAS, Aditya Birla Group, Mahindra & Mahindra, Cairn India, DuPont, Reliance Industries, Alshaya F&F;, HIL, 3M, RPG Group, Ingersoll Rand were some of the leading firms offering profiles in this function.

Systems: Microsoft, Facebook and Yahoo were some of the companies which were hiring for this function. Microsoft offered profiles in IDC and MSIT.

Operations: Amazon, FlipKart, Groupon and Jabong were prominent companies in this domain. Amazon offered profiles in operations and business development.

Others: The remaining 6% of the batch were classified in the category of others. The institute told us that they could not reveal the names of the companies and the roles on offer owing to non-discosure agreements.

PaGaLGuY had earlier reported that IIM C had tweaked its summer placement process this year. Day break and multiple offers were the new changes introduced this year. As this online magazine had maintained earlier, the multiple offer system might affect the goodwill between the institute and the companies. It isn't so hard to understand then the reasons for IIM C to not reveal the total number of offers made this year.

Note: The placement report is based on claims made by the institute in its placement report and answers to our questions therafter. The institute has not informed us about following a known placement reporting standard or applying an external audit, so PaGaLGuY does not take responsibility for the accuracy of the claims.
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