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The Indian Institute of Management-Bangalore (IIM-B) on Thursday said it has concluded placements for Graduate Program in Business Analytics (PGP-BA) 2024 and Graduate Program in Management (PGP) 2024.
In the placement week, ending February 7, 2024, 503 students were placed, while 13 students were placed in a subsequent continuous placement process. The average annual salary is Rs. 32.5 lakhs.
A record 29 students were placed abroad with Infosys Consulting (7), Strategy & Middle East (6), Jindal Shadeed (5), TransformationX (3), EY Parthenon Singapore (2), JP Morgan Chase London (2) , Health City. Cayman Islands (2), Fast Retailing, Japan (1) and Landmark Group, Middle East (1), while 487 students will work in India, IIM-Bangalore said in a statement.
Acknowledging that 2024 has been a challenging year for placements, Professor Ganesh N Prabhu, Chairman, Career Development Services, IIMB, said, “In a difficult placement year, we are immensely grateful to Accenture as they reposed their trust in the IIMB students by making a record 58 offers across its three units – Global Networks, Indian Markets Unit and Data and AI.”
Giving details of the placement offers, IIM-Bangalore said, “Consulting companies made the highest number of offers (218), while offers in finance, banking and investments were 81. IT companies and e-commerce companies made 49 offers each. Manufacturing and infrastructure companies made 36 bids, conglomerates made 30 bids, and consumer goods and retail companies made 28 bids. Additionally, analytics and artificial intelligence companies made 13 bids and healthcare-related companies made 12 bids.”
IIM-Bangalore further stated that Accenture Global Networks offered the maximum number of placements (48), followed by McKinsey & Company (21) and Boston Consulting Group (14). In the banking and financial sector, Goldman Sachs offered 8 placements, followed by Credit Saison (5) and NAVI (5).
Microsoft topped the IT software sector placement list, followed by Browserstack (4) and HCL Tech (4).
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Posted: Mar 28, 2024, 07:06 pm IST
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