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IIMB sees highest number of slot zero placements
Monday, March 10, 2008 22:08 [IST]
Bangalore: Indian Institute of Management, Bangalore, (IIMB) saw 133 out of the total 256 students finding placements in the first two days of the placement procedure, a statistic unmatched across the IIMs.

More than 50 per cent of the batch was placed in "slot zero" on the first two days of the placement procedure that concluded on March 8, IIMB placement representative Aditya Kasyap told reporters here today.

Over 37 per cent of the batch accepted a position in consulting career. McKinsey and Company was the single largest recruiter among consulting firms in this year's placement, inducting 15 IIMB students this year, he said.

The other sectors that saw a significant number of positions included finance (19 per cent), investment banking (21 per cent), marketing (seven per cent), IT (six per cent). Students were also placed in some new sectors like operations, lifestyle and general management (10 per cent).

Despite concerns of global recession and its effect on the overall placement market, 21 per cent received placements from investment banking sector.

"The number of recruitments continued to be in double digit figures," he said, adding that the highest number of investment banks visited IIMB.

Consulting firms such as McKinsey and Company, Boston Consulting Group, Lover Wyman, Bain and Co, offered positions outside India. An IIMB student was the only one across Asia to be recruited by Blackstone Group (Real Estate, London).

Mckinsey offered associate position which were at par with international B schools, he said. Marketing firms like HUL and PG offered international locations.
Source : PTI

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