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IIM Bangalore Final Placements 2024: Consulting Dominates, 40%+ Students Secure Offers

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Team InsideIIM
Team InsideIIM

The final placements for the PGP-BA and PGP 2024 programs at the Indian Institute of Management Bangalore witnessed 516 eligible students accepting job offers from 163 companies. During the placement week, which concluded on February 7, 2024, 503 students were placed directly, while an additional 13 students secured positions through a subsequent rolling placement process. Notably, a record number of 29 students have secured international placements, with companies like Infosys Consulting, Strategy& Middle East, Jindal Shadeed, TransformationX, EY Parthenon Singapore, JP Morgan Chase London, Health City Cayman Islands, Fast Retailing Japan, and Landmark Group Middle East. The remaining 487 students have secured positions within India.

Key Insights 

The median annual salary stands at Rs. 32.5 lakhs, signifying only a slight fall from last year's figure of Rs. 33 lakhs for the Batch of 2023.

Sector Wise Turnout 

  1. Consulting (30 firms - 218 offers):
Company Name Number of Offers
Accenture Global Networks 48
McKinsey & Company 21
Boston Consulting Group 14
Oliver Wyman 11
EY Parthenon India 10
PwC Consulting 10
Kearney 9
TCS Management Consulting 9
Bain & Company 8
Infosys Consulting 7
Accenture India Markets Unit 6
Strategy& Middle East 6
Vector Consulting 6
Alvarez & Marsal 5
Deloitte 5
EY India 5
Accenture Data & AI 4
Arthur D. Little 4
Monitor Deloitte 4
NRI Consulting 4
Samagra 4
Strategy& India 4
KPMG 3
TransformationX 3
EY Parthenon Singapore 2
Thoucentric 2
FinIQ Consulting 1
GEP Worldwide 1
India PAC Consulting 1
LEK Consulting 1

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2. Finance/Banking/Investments (39 firms - 81 offers)

Company Name Number of Offers
Goldman Sachs 8
Credit Saison 5
NAVI 5
Allegro Capital 4
Barclays 4
Angel Broking 3
Axis Bank 3
Bajaj Finserv 3
CitiBank 3
Kotak Mahindra Bank 3
Rothschild & Co. 3
AngelOne 2
Avendus Capital 2
Essar Capital 2
IDFC 2
Jio Financial Services 2
JP Morgan Chase London 2
NatWest Group 2
Standard Chartered Bank 2
TransUnion CIBIL 2
Arpwood Capital 1
BankOpen 1
BDO India LLP 1
BNP Paribas 1
Deutsche Bank 1
Edelweiss Alternatives 1
EY India Investment Banking 1
Home First Finance 1
HSBC Bank 1
ICICI Bank 1
IILF Securities 1
JP Morgan Chase India 1
Kotak Alternate 1
Kotak Capital 1
Kotak Mahindra Life Insurance 1
NG-NeXT 1
Param Hansa Values 1
Piramal Alternatives 1
Premji Invest 1

     3. IT Software/Services/Security (23 firms - 49 offers)

Company Name Number of Offers
Microsoft 5
Browserstack 4
HCL Tech 4
Coforge 3
Cognizant 3
Pine Labs 3
Ruse Home 3
Atlassian Software 2
Capgemini 2
Cisco 2
EXL Services 2
GyanSys 2
HSBC Tech 2
KyN Hood 2
Newgen Software 2
Apple 1
D.E. Shaw 1
Hexaware Technologies 1
MoveInSync 1
PrivaSapien 1
Salesforce 1
Tech Mahindra 1
Unacademy 1

     4. E-commerce/Payments/Telecom (19 firms - 49 offers)

Company Name Number of Offers
American Express 9
Amazon 6
Airtel 4
Make My Trip 4
DTDC 3
Myntra 3
Ecom Express 2
Juspay 2
National Payments Corporation of India 2
PhonePe 2
RazorPe 2
Tesco Bengaluru 2
Visa 2
Flipkart 1
NoBroker 1
Simpl 1
Tata Play 1
Vodafone Idea 1
Zomato 1

    5. Manufacturing/Construction/Energy/Infrastructure (16 firms - 36 offers)

Company Name Number of Offers
Asian Paints 5
Jindal Shadeed, Oman 5
Abhinandan Lodha Enterprises 3
Gujarat Mineral Development Corporation 3
Alstom 2
Crompton Greaves 2
Hisense 2
Husk Power Systems 2
Livspace 2
Lodha Group 2
Renew Power 2
Saint Gobain 2
Brookfield Properties 1
Chennai Ports Authority 1
Sotheby's Realty 1
Tata Steel 1

     6. Conglomerates (8 firms - 30 offers)

Company Name Number of Offers
Adani Group 5
Reliance Industries 5
Vedanta 5
Air India 4
CK Birla Group 4
Aditya Birla Group 3
Tata Administrative Services 3
Mahindra & Mahindra 1

     7. FMCG/Retail (16 firms - 28 offers)

Company Name Number of Offers
ITC 4
Procter & Gamble 4
Diageo 3
Phillip Morris International 2
Pidilite 3
Wipro Consumer Care 2
Amul 1
Culinary Brands 1
Dabur 1
Fast Retailing, Japan 1
Hindustan Coca-Cola Beverages 1
Landmark Group, Middle East 1
Manyavar 1
Marico 1
Mondelez 1
Nestle 1

     8. Analytics/AI/ML (6 firms - 13 offers)

Company Name Number of Offers
Games 24x7 5
Merilytics 3
Media.net 2
Eightfold AI 1
Thoughtspot 1
Whatfix 1

     9. Healthcare (6 firms - 12 offers)

Company Name Number of Offers
Sun Pharmaceuticals 4
Alkem Laboratories 2
Health City Cayman Islands 2
Syngene International 2
Haleon 1
UHG Optum 1

Chairperson’s Message 

Prof. Ganesh N Prabhu, Chairperson of Career Development Services at IIMB, expressed gratitude, stating, "In a challenging placement year, we deeply appreciate Accenture's confidence in IIMB students, as evidenced by their record-breaking 58 offers across three units - Global Networks, India Markets Unit, and Data & AI." The distribution of offers across industries was as follows: consulting firms led with 218 offers, followed by 81 offers in finance, banking, and investments, 49 offers each from IT and e-commerce firms, 36 offers from manufacturing and infrastructure firms, 30 offers from conglomerates, 28 offers from consumer goods and retail firms, 13 offers from analytics and AI firms, and 12 offers from healthcare-related firms."

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IIM Bangalore Placements 2024: Record Offers & Salaries | InsideIIM