The Indian Institute of Management Bangalore (IIM Bangalore) recently concluded its Summer Internship Placement process for the PGP and PGP-BA 2024-26 cohorts, securing offers for all 601 participating students from a diverse pool of 140 organizations. With placements spanning Consulting, Finance, IT, FMCG, and more, IIM Bangalore’s Placement Week, held from October 21-26, 2024, showcased the institute's continued standing as one of India's top business schools.
IIM Bangalore Summer Internship Placement 2024
Highlights by Domain
The 2024 placements saw IIM Bangalore’s students receive competitive offers across several key domains. Here’s a breakdown of the top sectors and companies:
1. Consulting
Consulting remained the most popular sector, capturing 38% of all offers. A total of 230 offers were extended by 22 leading firms, showcasing the strong demand for IIM Bangalore’s talent:
- Accenture Strategy led with an impressive 96 offers. Accenture Strategy doubled its previous offer count, setting a new benchmark and contributing to a remarkable placement season.
- Other major recruiters included Boston Consulting Group (22), Tata Consultancy Services (17), Bain & Company (14), EY Parthenon (14), and PwC India (14).
2. Finance, Banking, and Investments
With 88 offers from 31 firms, the Finance sector continued to attract many students. Notable recruiters in this domain included:
- Goldman Sachs (9), IIFL Securities (8), Barclays (5), Citibank (5), and HDFC (5).
- Other significant recruiters included Avendus Capital (4), Axis Bank (4), Lodha Ventures (4), and Bank of America (3).
3. IT, Software, and Product Management
The IT and Product Management sectors attracted 64 offers from 24 organizations, with roles in analytics, software development, and product management:
- The leading companies were ClaimBuddy (7), Google (6), Non-Linear Consulting (6), UKG (5), and Microsoft (4).
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4. FMCG and Retail
With 58 offers from 19 companies, the FMCG sector saw a strong showing, with prominent names like:
- Hindustan Unilever (10), Procter & Gamble (7), Hindustan Coca-Cola Beverages (5), Amul (4), and AB InBev (3).
5. Manufacturing, Construction, Energy, and Infrastructure
This sector contributed 54 offers from 15 companies, with operations, strategy, and supply chain management roles. Key recruiters included:
- BNM Solutions (8), Tata Steel (8), JSW (6), Samsung Electronics (6), and Asian Paints (4).
6. E-commerce, Payments, and Telecom
In the fast-evolving fields of e-commerce and digital payments, 53 offers were extended by 12 companies:
- American Express led with 11 offers, followed by Amazon (9), Delhivery (8), and National Payments Corporation of India (5).
7. Conglomerates and General Management
With 33 offers across eight major firms, conglomerates offered roles in business strategy and management:
- Vedanta Group (7), Aditya Birla Group (5), Essar (5), and Reliance Industries (4) were among the top recruiters.
8. Healthcare
The healthcare sector generated 13 offers from six companies, emphasizing roles in pharmaceutical management and healthcare analytics:
- Sun Pharmaceuticals (4), AstraZeneca (2), Dr. Reddy’s Laboratories (2), and Glenmark Pharmaceuticals (2).
9. Foundations, Governance, and Education
A total of eight offers were made in the social impact and education sectors:
- Organizations included the Foundation for Economic Development (3) and K12 Techno Services (3).
Frequently Asked Questions:
Q.1 What sectors are popular for summer internships at IIM Bangalore?
Ans. Consulting, Finance, IT, FMCG, and E-commerce are popular sectors for summer internships, with a significant portion of IIM Bangalore’s students securing offers in these domains.
Q.2 How many companies participated in IIM Bangalore’s 2024 Summer Placements?
Ans. A total of 140 organizations participated in IIM Bangalore’s 2024 Summer Placements, offering roles in Consulting, Finance, IT, FMCG, Manufacturing, and more.
Q.3 What are the top consulting firms offering internships at IIM Bangalore?
Ans. Top consulting firms like Accenture Strategy, Boston Consulting Group, Bain & Company, and EY Parthenon offered multiple internship opportunities to IIM Bangalore students in 2024.
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