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Consulting firms have started making Pre-Placement Offers (PPOs) to students of Indian Institute of Management, Bangalore (IIMB), with still four months to go for final placements.
According to a press statement, the Class of 2012 has received 71 and requests for 37 Pre-Placement Interviews (PPIs) so far, ahead of the lateral placements scheduled in December and the final placements scheduled for March next year.
Consulting firms including A.T. Kearney, Bain & Co, Boston Consulting Group and McKinsey & Co have made offers in substantial numbers.
Other major consulting firms that have made PPOs so far are Booz & Co, Global e-Procure and Hay Group.
Higher conversion rate
“This year the conversion rate (number of interns being offered jobs) for consulting firms was in excess of 90 per cent,” Prof P.D. Jose, Chairperson, Career Development Services – IIMB, said in the statement.
Global locations
Global financial firms including Blackstone (London), Barclays Capital, Deutsche Bank (Global Markets, London), Goldman Sachs, JP Morgan, Morgan Stanley, Nomura, RBS, Standard Chartered (Global Markets) and UAE Exchange have extended offers to IIMB students.
Most of these offers have been made for international locations such as Abu Dhabi, Dubai, Hong Kong, London and Singapore.
General management conglomerates such as the Aditya Birla Group & TAS, FMCG majors including HUL, P&G and Pepsi along with Microsoft, American Express and Philips have also made pre-placement offers.
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