Lucknow: The economic slowdown notwithstanding, Indian Institute of Management, Lucknow, achieved 100% summer placements for its largest batch of 475 students. The recruitment drive saw participation of 159 domestic and international recruiters.
The top four segments were sales & marketing, finance, consulting and business development. Interestingly, in spite of the current economic situation, IIM-L students are poised for significant roles in the finance sector.
The rest of the offers came from domains such as operations/supply chain, general management, systems/IT, market research, analytics and HR.
According to a release issued by the institute, some of the top recruiters across different sectors were Aditya Birla Group, Accenture, Al Shaya, Amazon, Headstrong, HSBC, Hindustan Unilever, Kraft-Cadbury, McKinsey, P&G, Rakshak Foundation and The Boston Consulting Group. In the FMCG, consumer goods, telecom sector, the top recruiters were Asian Paints, Airtel, Coke, Dabur, GSK Consumer, Hindustan Unilever, ITC, Kraft- Cadbury, L’Oreal, Marico, Mars, Nivea, P&G, Pepsi, Puma, Reckitt Benckiser and Vodafone. In addition to the traditional sales & marketing roles, these firms offered jobs in supply chain management, IT, finance, HR, analytics. P&G, which was the top recruiter in this segment, opened the highest number of profiles and hired 10 interns. Kraft-Cadbury and Hindustan Unilever were the next top recruiters.
DuPont hired an intern for its prestigious Marketing Leadership Development Program. Dabur offered a foreign post in its Dubai office.
Banking, Financial Services and Insurance (BFSI) sector was represented by firms such as American Express, Avendus Capital, Aviva, Axis Bank, BNP Paribas, Citibank, DBS, Edelweiss, Goldman Sachs, Headstrong, HSBC, ICICI bank, India Quotient Fund, 2 Indian PE players, Karvy, Multiples Alternate Asset Management, Macquarie, Magma Fin Corp, Nomura, Sharekhan, a European hedge fund, Standard Chartered among others.
In the consulting domain, McKinsey, BCG, AT Kearney, Deloitte and Accenture made a total of 29 offers with McKinsey and Accenture being the top 2 recruiters. Wolff Olins, a niche brand consulting firm based out of Dubai, hired three interns. The general management domain saw participation from companies such as Aditya Birla Group (ABG), Cipla, JSPL, Mahindra and Mahindra, RIL and TAS among others. ABG was the highest recruiter in this domain with 10 offers. Some of the firms from the IT, e-commerce, technology sectors were Amazon, Capgemini, Cognizant, Comviva, eBay, Flipkart, Google, HCL, InMobi, Microsoft, Infoedge and Wipro. Some pharmaceutical and healthcare firms were Bristol Myers Squibb, Boehringer Ingelheim, Cipla, GSK Pharma, J&J Pharma and Piramal Healthcare.
One of the new segments that came up this year was the social and education sector with paid stipends.
A total of 14 such firms participated offering roles in sales and marketing, market research, business development, finance, IT, policy research and project implementation.