This is the third edition of the annual Alumni Report on InsideIIM.com. This is part 3 of this year's series.
You can find the part 1 on Consumer Goods,
here.
Also, part 2 on Banking and Finance,
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 the 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 a selection criterion is to ensure that the alumni 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 into two clusters – Cluster 1 – Pre-1966 and Cluster 2 – Post 1966 – having 8 schools in each cluster.
The table summarises 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 a separate story if 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.
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
Given below is the raw data from LinkedIn for the 8 Schools in this cluster of schools established prior to 1966.
% of Alumni in each Company from each of the 8 Top Schools established prior to 1966
In the above table, wherever the percentage of total alumni from a b-school in a particular company crosses 20%, it has been marked in Red.
Key Takeaways:
- 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. All 15 companies seem to prefer IIM Calcutta - it has an impressive overall number as well.
- Next preferred campus is IIM Ahmedabad. Amazon has recruited in large numbers from IIM A and C!
- Smaller batches of JBIMS, TISS, and FMS are a clear issue as this sector has hired in large number over the last decade and they prefer visiting schools with bigger batches. This was the case even last year.
% of Total Alumni from each of the 8 Top Schools established prior to 1966 – in each company
In the above table, wherever the percentage of total alumni from a b-school in a particular company crosses 10%, it has been marked in Red.
Key Takeaways:
- More than 50% of NITIE's alumni is based in 2 major e-commerce companies - Amazon and Flipkart. It was and is the preferred destination for the e-commerce companies.
- The number of employees recruited by Yahoo from this set of b-schools is quite poor. Perhaps the number may improve next year given the recent acquisition of Yahoo by Verizon.
- The top recruiter when it comes to this set of schools is hands down Amazon. It also has a very impressive distribution across b-school.
- Surprisingly, the overall numbers from Apple, Facebook, and eBay-Paypal, are on the lower side. Just about 123 alumni from this set of schools across the three companies.
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 the alumni 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.
Given below is the raw data from LinkedIn for the 8 Schools in this cluster of schools established post-1966
% of Alumni in each Company from each of the 8 Top Schools established post-1966
In the above table, wherever the percentage of total alumni from a b-school in a particular company crosses 20%, it has been marked in Red.
Key Takeaways:
- IIM Bangalore followed by ISB are the two preferred b-schools in this set. Both in terms of overall numbers as well as distribution, these two schools rule this sector. As compared to last year, there's also a rise of almost 30% in the overall number of ISB alumni in this sector.
- Schools in this cluster are well represented in terms of absolute numbers. In fact, the companies with low recruits from pre-1966 schools seem to be doing well in this set of schools.
% of Total Alumni from each of the 8 Top Schools established post-1966 – in each company
In the above table, wherever the percentage of total alumni from a b-school in a particular company crosses 10%, it has been marked in Red.
Key Takeaways:
- Again, in this set of b-schools, Amazon is the top recruiter. There's an increase of a whopping 66% of total recruits since last year. Amazon's affinity to ISB is to be noted - quite impressive, given that ISB is the most recent addition to b-schools when this set of b-schools is considered.
- Next top recruiter is Microsoft - which maintains a decent distribution across the 8 b-schools.
- Just like last year, ISB is clearly Apple’s most preferred campus in India. There has been an increase of 25% of Apple recruits from ISB this year.
You can find the previous year's reports
here.
