IIM-Bangalore summer job slots filled up in 4 days

BANGALORE : IIM-Bangalore’s first year batch of 249 students have been placed in record four days for their summer internships this year. More than 100 companies came on campus and in slot zero alone, 132 students were placed. As reported by ET, the marketing and general management sector was the big bet this season . The sector drew the largest number of students, with nearly 28% of the batch placed in these companies. FMCG majors like Hindustan Unilever, Cadbury and Coca-Cola offered foreign roles for summer internships at IIM-Bangalore for the first time.

Financial services , investment banking and private equity were the other key sectors that drew many students. This time around nearly 110 students will intern abroad versus 101 students last year who were offered international postings.

Major recruiters on Slot 0 included investment banking giants like Lehman Brothers, JP Morgan, Goldman Sachs and Consulting majors like Bain & Co, Boston Consulting Group, McKinsey & Co, ATKearney. In a new trend noticed this year for summers, entrepreneurial firms ventures like Quetzal and Globals Inc recruited students
for summer int e r n s h i p s .

Among inv e s t m e n t s banks, Morgan Stanley, N M Rothschild , OCBC Bank and ENAM Securities also roped in a large number of students for summers. Among marketing firms the first timers on campus include Nestle and Tommy Hilfiger.

Also as reported by ET earlier , the private equity players like Pragnya PE, Audax Group, IDG Ventures and Greater Pacific Capital also headed to IIMB for recruitments . The international l o c a t i o n s where students interning with consulting firms will be heading this year include Europe , New York, Australia , Middle East, Singapore. Global market scenario notwithstanding, investment banks have offered students roles across geographies, with nearly 90 international postings coming in from I-banks .