IIM-Indore�s summer placement: 81 new companies participated

IIM-Indore (IIM-I) has recently completed its summer placement, in which nearly 156 companies participated and which includes 81 new recruiters. This batch is one of the largest batches of IIMs comprising 450 students in PGP batch. The students opted for diverse roles in different sectors such as BFSI, Consulting, E-Commerce, FMCG and Pharmaceuticals. IIM-I placement officer Bhavya Kapoor said, “The highest domestic stipend offered for the eight week internship is Rs 1.5 lakh.” IIM-I director N Ravichandran said, “The completion of summer placement for the class of 2013-15 is a testimony of our robust process and rigor in academics and emphasis on relevant management education.” In this summer placement sales and marketing came up as the most sought after functions with 42% of the batch choosing for roles here. Some of the leading recruiters were AT Foods, Airtel, AkzoNobel, Dabur, Emami, HCCB, HUL, ITC, L’Oreal, Madura, Marico, PepsiCo, Philips, Pidilite, SABMiller, Tata Motors and Vodafone.

IIM-I welcomed many companies from Finance sector offering roles in accounting for 15% of total offers. Some of the leading recruiters which included American Express, Deutsche Bank, Edelweiss, Goldman Sachs, HSBC, ICICI, JP Morgan Chase, RBI, SEBI and TVS Capital Funds among others. Consulting roles were offered by Cognizant Business Consulting, Capgenini, Mindtree, Noesis Consulting, SKP Group, Wipro Consulting. General Management and Operations roles were offered by conglomerates such as General Electric, Mahindra, Reliance Industries, RPG and reputed companies such as Cummins, Genesis Colors, GMR Group, Jindal Steeland L&T.

Media and PR industry stalwarts such as Dainik Bhaskar, Ogilvy & Mather, PMG Asia and Sony Entertainment recruited students for summer internships. E-commerce emerged as a leading sector with offers made by companies such as eBay, Flipkart, Jabong, Shopclues. Exclusive internship offers were made by major Venture Capital firms.

Several participants keenly took up internship offers at Edupristine, which have been founded by IIM- I alumni.