IIMB gets 180 slot zero offers, highest across IIMs

BANGALORE: The Indian Institute of Management Bangalore has bagged 180 "slot zero" (the first two days) offers for the batch of 348 students for
year 2010, the highest across all IIMs for summer placements.

"The entire batch of 348 students, the biggest ever batch at IIMB, was placed within a span of five days by over 150 companies, with as many 180 slot zero offers being made, the highest across all IIMs", Prof P D Jose, chairperson of the placement committee, told reporters.

More than 50% of the batch was placed by the end of Slot Zero (the first two days of placement offers).

The major recruiters included Goldman Sachs, Citi, HSBC, ABG, Nomura, Bain & Co, Standard Chartered, A T Kearney, Boston Consulting Group, McKinsey & Co, Credit Suisse, Macquarie, Merril Lynch, Morgan Stanley, J P Morgan and Barclay's Capital.

Recruiters from Sales & Marketing formed the major chunk (21 per cent) as a result of more number of FMCG companies this time, followed by Investment Banking (19 per cent), finance (16 per cent), consulting (15 per cent), general management (12 per cent), IT (9 per cent) and private equity (three per cent).

"There was a welcome jump in Investment Banking this time compared to last year (14 per cent). It was Investment Banking which occupied the top slot last time as far as recruiters were concerned", Jose said.

Eighty-nine major offers were made with the highest from Goldman Sachs (13), closely followed by Citi and HSBC (nine each).