For the second year in a row, the Indian Institute of Management Bangalore (IIMB) final placement saw less e-commerce companies.
But the gap created by e-commerce industry was filled by banks, consulting and consumer goods firms that recruited in large numbers.
With e-commerce biggies, such as Flipkart, CarDekho and Hopscotch, staying away from the campus recruitment process this year, fewer offers were made by the sector to the 2015-17 PGP (Postgraduate Programme) class.
Amazon led the sector with 12 offers, followed by Ola Cabs, Paytm, Myntra, Swiggy and Uber. Last year, Amazon had made 16 offers and Flipkart 11.
The institute attributed this decline to the tough times the sector is going through.
“There is certain slowness in the sector. Last year in June-July, many e-commerce companies that had recruited from the institute sent letters to students either withdrawing offers or delaying the joining process. Given the volatility in the sector, we expected a lot of companies to stay away this year,” said Sapna Agarwal, Head, Career Development Services.
However, banks, consulting and consumer goods firms recruited many students.
Of the 411 students who were part of the placement process, 30% were absorbed by the consulting sector alone.
Boston Consulting Group led with 20 offers (the most by one company), followed by Accenture Strategy (14), McKinsey & Co (13). Deloitte, KPMG, PricewaterhouseCoopers, and Ernst & Young were the other major players who participated.
Students have been hired in roles such as consulting, investment banking, markets, corporate banking, sales and markets, business leadership, product management, operations, category management and general management by over 160 companies that participated.
About 15 students have been offered international placements, as against 18 last year.
Harsha Bhattad, Placement Representative, said in a release, “In addition to traditional recruiters, we saw over 25 per cent first-time recruiters who hired in good numbers.” While the average salary is yet to be ascertained, IIMB official said that it would be “more or less similar to last year.”
But the gap created by e-commerce industry was filled by banks, consulting and consumer goods firms that recruited in large numbers.
With e-commerce biggies, such as Flipkart, CarDekho and Hopscotch, staying away from the campus recruitment process this year, fewer offers were made by the sector to the 2015-17 PGP (Postgraduate Programme) class.
Amazon led the sector with 12 offers, followed by Ola Cabs, Paytm, Myntra, Swiggy and Uber. Last year, Amazon had made 16 offers and Flipkart 11.
The institute attributed this decline to the tough times the sector is going through.
“There is certain slowness in the sector. Last year in June-July, many e-commerce companies that had recruited from the institute sent letters to students either withdrawing offers or delaying the joining process. Given the volatility in the sector, we expected a lot of companies to stay away this year,” said Sapna Agarwal, Head, Career Development Services.
However, banks, consulting and consumer goods firms recruited many students.
Of the 411 students who were part of the placement process, 30% were absorbed by the consulting sector alone.
Boston Consulting Group led with 20 offers (the most by one company), followed by Accenture Strategy (14), McKinsey & Co (13). Deloitte, KPMG, PricewaterhouseCoopers, and Ernst & Young were the other major players who participated.
Students have been hired in roles such as consulting, investment banking, markets, corporate banking, sales and markets, business leadership, product management, operations, category management and general management by over 160 companies that participated.
About 15 students have been offered international placements, as against 18 last year.
Harsha Bhattad, Placement Representative, said in a release, “In addition to traditional recruiters, we saw over 25 per cent first-time recruiters who hired in good numbers.” While the average salary is yet to be ascertained, IIMB official said that it would be “more or less similar to last year.”