This is the
fourth edition of the annual Alumni Report on InsideIIM.com.
This is part 2 of this year’s series. You can find other parts of the 2016 series here.
This is that time of the year where we take stock of the distribution of alumni from 16 Top Business Schools in India across some of the most desirable companies in India. Following the format set by the student team last year (this year’s student team will be announced in June), the series will cover 4 sectors – Banking and Finance, Consulting, Tech & E-Commerce and Consumer Goods. We will look at absolute numbers of alumni in each company and compare percentages of alumni in 2 ways – which school has highest representation in a company among its ‘peers’ and which company has the highest percentage of alumni for a given business school. (Peers are defined based on the year of establishment of the business school. More details below.)
Why do we create this report every year?
1) To help potential aspirants know about a business school’s reputation in the corporate world – alumni stats are a good indicator – both number as well as diversity is important
2) It helps current students and alumni get an overall picture of their own alumni and facilitates more targeted networking
Creation of 2 Business School Clusters – Pre 1966 and Post 1966
Top B-schools in India are divided into two categories based on the years in which they were established. The rationale behind such as a selection criterion is to ensure that the alum base is strong and comparable for the B-schools under consideration. As there was no top B-school established between 1965 and 1973, the cut-off year chosen for dividing the schools is taken to be 1965. This criterion divides the schools in two clusters – Cluster 1 – Pre-1966 and Cluster 2 – Post 1966 – having 8 schools in each cluster.
The table summarizes these clusters with the year of establishment.
We understand that a lot of good business schools may have been left out but it is not possible for us to do this for every school yet. We encourage you to add alumni stats of your school in separate story is you think there is enough interesting and insightful data.
Analysis of Alumni in Technology & E- Commerce:
A total of 15 companies were considered to represent the technology sector. These companies are among the top rated names in
InsideIIM’s Annual Recruitment Survey. Also, these companies have a lot of alums amongst the chosen Business Schools to do meaningful analyses. These companies are also the most popular recruiters in all the Business Schools.
It is possible from next year we may not report Yahoo and Nokia numbers.
The big takeaway is that a school need not be very old to compete in this sector. Alumni of relatively new schools have equal representation if not more in this space. ISB is a great example of this. It has a remarkably high number of alumni in top companies. IIM Bangalore being in the technology capital of India is expected to be the leader. The other 'new' schools IIM I,K,MDI, SPJIMR etc. are doing pretty well too.
The Pre 1966 Top Business Schools
Given below is the raw data from LinkedIn for the 8 Schools in this cluster of schools established prior to 1966. Please note that –
1) No filtration has been done for job profile. Hence, the figures below represent every role and domain – the numbers below include alumni in IT, Sales & Marketing, Operations, Corporate Finance, HR and other domains.
2) All possible businesses of a company have been considered. For e.g. – Philips below consists of employees working in Philips Lighting, Philips Design, etc.
The analysis done below gives a detailed look into:
1) Company wise slicing of Alumni across Pre-1966 Estd B-Schools
2) Cumulative percentage of alumni working in different companies
% of Alumni in each Company from each of the 8 Top Schools established prior to 1966
(All numbers above 15% have been highlighted.)
In the above table, the figures in red indicate the maximum percentage of alums in a company from a particular B-School from within this set of 8 schools.
IIM Calcutta alums are clearly among the most preferred across top technology, telecom and e-commerce companies in India when one looks at this set of 8 schools.
XLRI's HR dominance and NITIE's Operations specialty help as almost every company in this table has loads of XLRI HR managers and NITIE also has an impressive number of professionals in leading e-commerce companies.
IIFT has an edge over FMS in this sector. Look at the absolute numbers.
Smaller batches of JBIMS and TISS are a clear issue as this sector has hired in large number over the last decade and they prefer visiting schools with bigger batches.
% of Total Alumni from each of the 8 Top Schools established prior to 1966 - in each company
The above table shows the percentage of alumni from a particular B-school spread across different companies.
The e-commerce concentration for TISS and XLRI points to the demand for HRM in e-commerce operations and logistics.
NITIE will always be a preferred destination for top recruiters from the e-commerce domain in particular. Almost 50% of all alums from NITIE in these 15 companies are in the 2 e-commerce biggies - Flipkart and Amazon.
IIM Calcutta shows a good distribution across all 15 companies which is impressive given the big overall number.
The Post 1966 Top Business Schools
Given below is the raw data from LinkedIn for the 8 Schools in this cluster of schools established post-1966.
Please note that :
1) No filtration has been done for job profile. Hence, the figures below represent every role and domain – the numbers below include alumni in IT, Sales & Marketing, Operations, Corporate Finance, HR and other domains.
2) All possible business of a Technology company has been considered. For e.g. – Philips below consists of employees working in Philips Lighting, Philips Design, etc.
3) One of the reasons that a huge number of alum base can be seen in IIM B and ISB could also be because of the short term courses provided by these institutes. Hence, users on Linkedin have indicated themselves as an IIM B alumni or ISB alumni even after doing a short term course at these institutes. Such type of filtering was not done because of the paucity of time.
4)
NMIMS also has many undergrad degrees. The figures for NMIMS could be influenced heavily because of this as M.Tech, B.Com, BBA, B.Sc. Eco grads are also counted along with the post-grad MBA. Also, we have seen many examples of Narsee Monjee College of Commerce and Economics grad label themselves under NMIMS by mistake on LinkedIn.
% of Alumni in each Company from each of the 8 Top Schools established post 1966
IIM Bangalore and ISB are the big boys here. Both in terms of overall numbers as well as distribution, these two schools rule the roost. This is even after allowing for the fact that some of these may include short term courses that employees of these companies may have done at these schools. The locations - Bangalore and Hyderabad help too.
As mentioned earlier, the other schools in this cluster have decent numbers as well. There is no advantage that alumni of older schools have with respect to companies in this sector. A majority of these companies are quite dynamic in their approach to hiring and the recency of growth in the sectors leads to robust campus and lateral hiring from across business schools.
% of Total Alumni from each of the 8 Top Schools established post 1966 - in each company
Nearly 30% of IIM I, NMIMS and MDI alums and 25% of IIM K alums are in the two coveted Telecom companies in sharp contrast to IIM B and ISB where there is more equitable distribution and a greater foothold in the global technology names.
ISB is clearly Apple's most preferred campus in India. It is probably the only campus where Apple does campus hiring. A lot of ISB graduates are hired from campus for the Singapore team.
Amazon is slowly building a big army of talent from the very best schools in India. The absolute numbers at Amazon from all 8 schools above look very impressive.
SPJIMR's numbers at both Amazon and Flipkart are noteworthy. SPJIMR also has a specialisation batch in Operations which helps for relevant recruiting. The case is similar to NITIE.
(You can find the previous year’s reports
here)
