Education, Careers & Professional News
Global turmoil doesn’t hit IIM-C placements
Brushing aside apprehensions regarding impact of the prevailing global crisis, Indian Institute of Management, Calcutta (IIM-C) has managed to uphold its reputation of being the top choice of recruiters yet again. The institute has managed to lure the highest number of companies at its summer placement which was conducted recently.
The rigorous planning and methodical efforts undertaken by the institute to counter the effects of the global meltdown finally succeeded with around 110 companies participating at the placement process. The institute claims to have received the highest recruiters this year.
The entire batch of over 300 students were offered the widest possible range of sectors and job profiles. Students were offered prestigious roles in investment banking, consulting, general management, marketing, media and private equity. In fact students had more options to choose from this time.
Around 100 students managed to grab position in prestigious companies like Goldman Sachs, Morgan Stanley, Merrill Lynch, McKinsey, Macquarie, AT Kearney, BCG, Bain, HSBC Global, JP Morgan Chase, Barclays Capital, Deutsche Bank, RBS, Rothschild and French investment bank Calyon.
Amongst these Merrill Lynch, Morgan Stanley, Royal Bank of Scotland preferred to recruit the highest number of students from IIM-C this year. Similarly, couple of positions were also bagged in Morgan Stanley London and two of the biggest names in Swiss banking, UBS and Credit Suisse.
Other than India, offers have come from across continents like the USA, Europe, Australia, Hong Kong, Singapore, Middle East.
While investment banks recruited 58 students, the consulting offers stood at 16. Offers also came from a variety of domains including retail, general management, marketing and commercial banking. Some of the major marketing names this year included P&G, Unilever, Diageo, Pepsi, Nestle and ITC among others.
It is for the first time that companies like Yahoo, Amazon, Provogue, DHL Logistics, Reebok, Century Ply and the Mahindra Group participated in the summer placement. Apart from this, HT Media, Times Group and Star TV selected students interested in the emerging media sector.
“This year, companies from a wide range of sectors like marketing, finance, media, logistics and supply chain management, general management, public sector undertaking and analytic firms recruited students from this institute. Although the trend shows that finance sector continues to remain the preferred sector of choice, marketing has also seen an increase along with consulting,” said Mr Debtosh Mishra, external relations secretary of IIM-C
More : thestatesman.net