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Highly positive placements 2010 - 2011 season across IIMs and other top B-schools across India have led the experts to believe that the number of applicants for CAT 2010 is likely to witness a ris...
The five-day summer placements at the prestigious Indian Institute of Management-Bangalore for the Class of 2013 concluded on a positive note. With 123 companies from the FMCG, manufacturing, technology and services sectors came to the campus and offered over 460 internships to 368 students.
This year many companies visited the campus for the very first time. These were 40 companies that visited the campus for the first time this year, and these included Dentsu, Supermax, Abbott, Amazon, Narayana Hrudalaya, SAP, The Times Group, Yatra.com, Cleartrip.com and Duferco. International internship offers were based out of Australia, Abu Dhabi, Dubai, Hong Kong, Singapore, London and the US.
Of the whole batch, 10 students with more than 34 months of work experience opted out of summer internships to pursue other opportunities, a press release said.
Maximum students were absorbed by companies in financial sector. The financial services segment absorbed around 33% of all students, 17% of acceptances were in the management consulting sector, sales and marketing accounted for 32%, and offers in general management/leadership areas were about 11%.
Many reputed companies that picked up students are- Royal Bank of Scotland, McKinsey & Co, Goldman Sachs, and the Boston Consulting Group, Procter & Gamble, Hindustan Unilever, Coca-Cola and Kraft Cadbury, Cairn India, Mahindra & Mahindra, Reliance Industries, Schneider and MphasiS.
Allaying the fear of placements getting impacted by recession, Prof P.D. Jose, Chairperson, Office of Career Development Services, IIMB, said, "This year we did not witness any slowing of demand for our students, and placed the largest-yet cohort of students."