The five-day summer placements at the Indian Institute of Management (IIMB) for the Class of 2013 concluded, with 123 companies from the FMCG, manufacturing, technology and services sectors offering over 460 internships to 368 students.

First-time companies on campus, which were 40 this year, 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.

Ten students with more than 34 months of work experience opted out of summer internships to pursue other opportunities, a press statement said.

Financial services

The financial services segment absorbed around 33 per cent of all students, 17 per cent of acceptances were in the management consulting sector, sales and marketing accounted for 32 per cent , and offers in general management/leadership areas were about 11 per cent.

Some of the companies which recruited in large numbers were Goldman Sachs, Royal Bank of Scotland, McKinsey & Co and the Boston Consulting Group, Procter & Gamble, Hindustan Unilever, Coca-Cola and Kraft Cadbury, Cairn India, Mahindra & Mahindra, Reliance Industries, Schneider and MphasiS .

“This year we did not witness any slowing of demand for our students, and placed the largest-yet cohort of students, Prof P.D. Jose, Chairperson, Office of Career Development Services, IIMB, said.

“This year a larger number of private equity and venture capital companies visited the campus and made offers to students from the diverse talent pool at IIMB,” said Mr S Karthikeyan, a student member of Placement Committee.

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