Connect with us

Education

Top Business School In India Are Thriving With Placements Despite Economic Slowdown

Published

on

The summer placement process across business school in India has been soaring high. It has seen an increase in the number of companies visiting the campus. The average pay package for the internship across the spectrum of top Business School in India has also propelled according to reports.

MBA vs PGDM: Why MBA Degree is Better Than AICTE PGDM?

On average, there has been a 15 per cent rise in the number of companies visiting the campus while the stipends saw a 20 per cent increase. Despite current lukewarm economic conditions in India and rumours of companies rolling back on their commitment to hiring interns, the summer placement process in business school in India are showing green shoots.

Summer placements are the internship process that students of business school participate in April-May of the next year. These internships are very important because if performed well then there are chances of getting hired in the same company.

How “Self Acclaimed” Best Business Schools in India Trick Students?

The Indian Institutes of Management (IIMs), as well as the other business school in India, have seen a nice up boost as far as the summer placements are concerned.

In IIM Ahmedabad during the first cluster of the summer placement process saw around 70 firms participating. With 23 offers, The Boston Consulting Group was the top recruiter. In the consulting domain, other prominent recruiters included A. T. Kearney, Accenture Strategy, Alvarez & Marsal, Bain & Company, Deloitte USI, GEP Consulting, KPMG, McKinsey & Company, Roland Berger and Strategy.

Major recruiters in the investment banking and markets space included Arpwood Capital, Avendus Capital, Bank of America Merrill Lynch (India and Hong-Kong), Citibank, Credit Suisse (Singapore and India), Goldman Sachs, JP Morgan, HSBC, Moelis, Morgan Stanley and Nomura Singapore.

With 8 offers HSBC was the biggest recruiter in investment banking and markets. In the second batch of the summer placements, IIM-Ahmedabad witnessed about 50 firms participating in the process. HUL was the top recruiter with 14 offers.

Over 50 PGDM Colleges Shut Down Every Year in India

The top recruiter in the advertising and media cohort was GroupM with four offers. With seven offers Samsung Electronics was the highest recruiter in the consumer electronics cohort.

The Consumer goods cohort included recruiters like AB InBev, Coca-Cola, General Mills, HUL, ITC, Kimberly Clark, Mondelez, Nestle, P&G, Reckitt Benckiser, Saint Gobain and Wipro Consumer Care amongst others.

Colgate Palmolive and Dabur constituted as the new recruiters. After HUL, the recruiter with the highest offers in the consumer goods space was Mondelez with six offers.

China and India Dominate the List of Best Business Schools in Asia

The general management and leadership process saw great participation from recruiters like Aditya Birla Group, C K Birla Group, Mahindra Group, Reliance India, RPG Group and TAS. In the Retail B2B & B2C space, IIM-Ahemdabad was visited by firms like Amazon, Cloudtail, Flipkart and Udaan.

Although with 9 offers Amazon was the top recruiter here. The third cluster will be conducted on November 7. The expected stipends for the two-month internship generally range-in between Rs 1 lakh to as high as Rs 6 lakh across the business schools in India.

For the batch consisting of 361 students, at XLRI- Xavier School of Management, the summer internship placement process (SIP) was completed just within two days.

Study in India Program to Attract 2.5 Lac International Student in India

86 recruiters, including 11 first-time recruiters were among the participants in the 2019 summer internship process at XLRI. There was also an increase in the average stipend to 1.20 lakh per month from Rs. 1.07 lakh per month in 2018. In the tuff the highest stipend offered was Rs. 2.5 lakh per month in the BFSI sector.

Bain & Co., Amazon, NIIF, PhonePe, Udaan, Shell, Diageo, Ola, Adani, Rupeek were among some of the firms that participated for the first time

According to sources, the big fish Amazon has made the highest number of offers among the regular recruiters such as The Boston Consulting Group, Microsoft, P&G, Aditya Birla Group, ITC, Nestle, Hindustan Unilever, Mondelez, Mahindra & Mahindra, Citibank and others.

Are Executive MBA Programs in India Better Than Regular MBA/PGDM?

Many other business school in India are in the process of completing their summer placement process. The rush for the final placements will begin as soon as the process ends.

Advertisement
Advertisement

Facebook

FEATURED

s400-russia s400-russia
Featured12 mins ago

Third Batch Of Lethal S-400 Triumf Missile Defence Systems Delivered To Russia

Almaz-Antey Air and Space Defense Corporation JSC delivered the third batch S-400 Triumf missile defence system to the Russian Ministry...

Cold-War Cold-War
Americas21 mins ago

Who Is Winning The Race Between US, Russia & China To Develop World’s First Sixth-Gen Fighter Jet?

So far, the US is the only country to develop, operate and sell its fifth-generation fighter jets, while China and...

sukhoi-su-35 sukhoi-su-35
Featured5 hours ago

Setback For Su-30 As Russian Su-35 Jet Shoots It Down After An Intense Dogfight

In a bizarre incident that happened over the Russian skies on Tuesday, a Russian Su-35S fighter jet reportedly shot-down Su-30SM...

Gangayaan-ISRO Gangayaan-ISRO
Featured7 hours ago

ISRO’ Satellite Communications Attacked By Chinese Hackers – CASI Report

While concerns over China’s increasing space warfare capabilities have been highlighted in a recent Pentagon report, another U.S. think-tank has...

DRDO-INDIA DRDO-INDIA
Featured9 hours ago

India Tests Powerful Short Range Prithvi-II Missile Amid Soaring Tensions With China, Pakistan

The Defence Research and Development Organisation (DRDO) of India has successfully test-fired the indigenous Prithvi – II missile, the third...

jet jet
Europe9 hours ago

Doors Still Open For India To Co-Develop ‘Tempest’ Sixth-Gen Fighter Jet With The UK

In 2007, India and Russia had agreed to jointly build a fifth-generation fighter jet called Sukhoi/HAL Fifth Generation Fighter Aircraft (FGFA)...

rafale-jets rafale-jets
Featured14 hours ago

36 More Rafales: France Wants India To Order More Rafale Jets For DRDO To Acquire Aero-Engine Tech?

As Indian netizens have widely celebrated the arrival of 4.5 generation Rafale jets and the Indian media threatening Pakistan and...

dalai-lama dalai-lama
Americas15 hours ago

After Xinjiang, China Pushing Tibetans Into Forced Labour, Re-Education Camps

China is allegedly pushing Tibetans into military-style labour camps similar to the ones in Xinjiang, according to a Reuters report....

Saudi-Israel Saudi-Israel
Featured24 hours ago

Saudi Arabia Fully Supports US’ Efforts To Get Israel, Palestine On Negotiating Table – King Salman

King Salman bin Abdulaziz on Wednesday said that Saudi Arabia supports Washington’s efforts to bring the Palestinian and Israeli sides...

US-CHINA-INDIA-JAPAN US-CHINA-INDIA-JAPAN
Americas1 day ago

Pentagon Blew COVID-19 Funds To Buy Military Equipment; ArcelorMittal, Rolls-Royce Awarded Big Contacts

Pentagon blew up $1 billion appropriated for the pandemic by the Congress to finance military equipment including jet engine parts,...

Advertisement