Despite of the economic slowdown, the Indian Institute of Management, Lucknow, accomplished 100% summer placements for offered to its largest batch consisting 475 students. The recruitment drive observed participation of total of 159 domestic as well as international recruiters.
The top 4 segments included sales & marketing, finance, consulting, and business development. While, the rest of the placement proposals were from the domains of operations/supply chain, general management, systems/IT, market research, analytics and HR.
Fascinatingly, under the current economic situation, IIM-L students are still taken for major roles in the finance sector.
As per the press release issued by IIM-L, top recruiters across different sectors were witnessed as Aditya Birla Group, Accenture, Al Shaya, Amazon, Headstrong, HSBC, Hindustan Unilever, Kraft-Cadbury, McKinsey, P&G, Rakshak Foundation and The Boston Consulting Group.
In the FMCG, consumer goods, telecom sector, the top recruiters were Asian Paints, Airtel, Coke, Dabur, GSK Consumer, Hindustan Unilever, ITC, Kraft- Cadbury, L'Oreal, Marico, Mars,Nivea, P&G, Pepsi, Puma, Reckitt Benckiser and Vodafone.
Besides, the traditional sales & marketing roles, these companies also offered jobs in supply chain management, IT, finance, HR, analytics.
P&G, was the top recruiter in sales and marketing, the company offered the most numbers of profiles in addition to hiring 10 interns.
Kraft-Cadbury and HUL were the next top recruiters as well as a foreign post was offered by Dabur in its Dubai office.
For recruitment in Banking, Financial Services and Insurance (BFSI) sector firms such as American Express, Avendus Capital, Aviva, Axis Bank, BNP Paribas, Citibank, DBS, Edelweiss,Goldman Sachs, Headstrong, HSBC, ICICI bank, India Quotient Fund, 2 Indian PE players, Karvy, Multiples Alternate Asset Management, Macquarie, Magma Fin Corp, Nomura, Sharekhan, a European hedge fund, Standard Chartered etc were present.
Under the consulting domain, total of 29 offers were presented by McKinsey, BCG, AT Kearney, Deloitte. However, McKinsey and Accenture were the top 2 recruiters.
3 interns were chosen by Wolff Olins who happens to be a niche Dubai based consulting brand.
Aditya Birla Group (ABG), Cipla, JSPL, Mahindra and Mahindra, RIL and TAS etc were the recruiters in the general management domain, with ABG being the highest recruiter to offer 10 placements alone.
Firms from IT sector, e-commerce, and technology sectors comprised of Amazon, Capgemini, Cognizant, Comviva, eBay, Flipkart, Google, HCL, InMobi, Microsoft, Infoedge and Wipro.
Pharmaceutical and healthcare recruiters included Bristol Myers Squibb, Boehringer Ingelheim, Cipla, GSK Pharma, J&J Pharma and Piramal Healthcare.
14 firms recruited for Social and education sector segment with along with offering stipends, this was observed as a new area this year.