B-school students get summer placements — but for technology job profiles

• Consulting firms and e-commerce companies have been the most promising employers this year across India’s top B-schools.
  
• This year, companies are hiring management interns with engineering background — especially in the computer science and electronics domain.
  
• A study by talent solutions company Xpheno predicted that companies are expected to hire almost a third of management students for tech profiles.
  
• Nearly 68 management students got IT and Analytics profiles at IIM Bangalore from companies like Ola, Oyo Rooms and United Health Group among others.

Despite the economic slowdown affecting jobs, India’s top business schools have wrapped up the summer placements on a good note. Consulting firms and e-commerce companies have been the most promising employers this year.

This year they are also looking for more diverse candidates. Companies are hiring management interns with engineering background — especially in the computer science and electronics domain.

A study by talent solutions company Xpheno predicted that companies are expected to hire almost a third of management students for tech profiles.

Global multinationals like American Express, Microsoft and Amazon are hiring interns in the field of data science, artificial intelligence, machine learning and Internet of Things (IoT).

“Demand for managers with technology and innovation skills has been on the rise,” Madhu Vij, placement head at Faculty of Management Studies (FMS), Delhi told ET, adding that the demand for qualitative and quantitative proficiency has increased.

India’s top B-school campuses — Indian Institute of Management (IIM), Calcutta, Indian Institute of Management, Lucknow — scored maximum offers for tech profiles. IIM Calcutta scored over twice the tech jobs, as compared to last year — at 62.

On the other hand, 68 management students were hired for IT and analytics profiles at IIM Bangalore from companies like Ola, Oyo Rooms and United Health Group among others.

Consulting firms dominate at IIMs

Consulting firms — KPMG, Boston Consulting Group (BCG) rolled out the most number of offers.

IIM Bangalore too received 126 offers from consulting firms including Bain & Company, BCG and Mckinsey. IIM Kozhikode got 13% more offers from consulting majors like PwC and Deloitte.

IIMs aside, other b-schools like Management Development Institute (MDI) and Faculty of Management Studies (FMS), Delhi also witnessed a 40% and 14% increase in offers from consulting companies, respectively.

Overall, it has been a good year for India’s B-school pass outs. On domestic job roles, the highest offer extended was at ₹2.7 lakh.

See also:
Almost half the companies in India offering internships eventually hire the same candidates

India’s top b-school graduates are being paid over ₹2 lakh for summer internships

Engineering students can now intern with IAS officers