IIM Bangalore’s 435 students get 481 job offers in two days – IT consulting leads with one-third of the opportunities

• Consulting companies were the highlight of the placement drive having made 165 offers.
• The second most in demand job offering was from IT companies, mostly for the product management role.
• According to a recently released report by learning solutions firm TeamLease, businesses show a clear indication of recruitment drives in 2021.

Indian Institute of Management, Bangalore (IIM-B), the premier business school based out of Bengaluru, just concluded its placement drive and it is yet another sign that hiring is back in the information technology (IT) consulting industry in India. The post-graduate programme (PGP) in management class of 2019-21 had 435 students who got a total of 481 job offers over a period of two days.

“Our students have done remarkably well. They have been recruited by reputed companies despite COVID-19 disruptions,” said Prof. U Dinesh Kumar, chairperson of career development services at IIM Bangalore, in a statement.

Consulting companies were the highlight of the placement drive having made 165 offers. The top recruiters were Accenture, Bain & Company, McKinsey & Company, and the Boston Consulting Group.

“Companies from overseas locations like Amsterdam, Dubai and Singapore made offers across consulting, finance, international trading, and business strategy,” said Tapas Ranjan Pati, manager of career development services at IIM Bangalore, in a statement.

The second most in demand job offering was from IT companies, mostly for the product management role.

Meanwhile, startups like Ola, BYJU’S, and Razorpay too hired students from IIM Bangalore.

However, the salary details of the job offers remain undisclosed.

Here is a look at the hiring report card from IIM Bangalore

Sector/Positions	Hiring
Consulting	165
IT	78
Finance	22
General management positions	47
Sales and Marketing	50
Operations	9
Analytics	10

According to a recently released report by learning solutions firm TeamLease, businesses show a clear indication of recruitment drives in 2021, with a special focus on sectors like information technology, telecommunications, e-commerce and start-ups.

“For the period February-April, 2021, freshers hiring intent has improved by 2.5 times from the lockdown period and as the economy opens up, it is expected to go up further,” Shantanu Rooj, founder and chief executive at TeamLease EdTech, said in a statement.

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