The iconic dhol’s thunderous beat and the dancing students in IIM Lucknow’s convocation ground post-placements signified the hard work in achieving 100% placements for second time in as many years. After successfully placing the largest batch of 489 students (batch of 2016) during summer placements 2014, IIM Lucknow hit yet another record, it achieved 100% placements for its graduating batch of 2015. The placements concluded on a high note with a total of 463 offers being made by 144 recruiters including 43 new recruiters for a batch of 453 students.
The offers included 93 Pre-Placement Offers (PPO), 163 lateral offers from the higher entry placement process (HEPP) and 207 offers from the final placements. The number of lateral offers this year was the highest ever and increased by 23% compared with last year.
Some of the companies that recruited in high numbers were ABG, Accenture Management Consulting, Amazon, Barclays, BCG, Cognizant Business Consulting, Deloitte, HDFC Bank, KPMG, McKinsey, Reliance Industries, Samsung, Snapdeal and Star TV.
The top segments based on roles offered were sales & marketing (25%), finance (22%), consulting (21%), e-Commerce (15%), systems/IT (10%) and general management (7%). Given the encouraging economic situation, IIM Lucknow attracted diverse roles in the finance domain. The rest of the offers came from domains such as market research, analytics, business development, social media marketing and HR among others.
FMCG/consumer goods/telecom sector/ digital media
Some of the top firms from the FMCG/consumer goods/telecom sector/ digital media were Airtel, Coke, GSK Consumer, HT Media, HUL, ITC, Kraft-Cadbury, P&G, Pepsi, Star TV and Vodafone. In addition to the traditional sales & marketing roles, these firms offered roles in supply chain management, information technology, finance, HR, analytics with some of them being exclusive roles for IIM Lucknow. The world’s top FMCG firms such as P&G, HUL and Kraft-Cadbury were also the top 3 recruiters from this sector.
BFSI sector was represented by firms such as Avendus Capital,BAML, Barclays, Citibank, CRISIL, Development Bank of Singapore, Edelweiss, Goldman Sachs, HDFC, HSBC, ICICI bank, IndusInd Bank, Nomura, Standard Chartered and Yes Bank among others. The major roles were offered in front end investment banking, global markets, corporate and wholesale banking, market research, trading and operations. One of the Indian PE fund recruited from the institute for its investment team. Goldman Sachs, ICICI bank, HSBC, HDFC and Nomura recruited in big numbers reaffirming their faith in the finance talent.
Consulting and General Management
The consulting domain had active participation from premier recruiters such as Accenture Management Consulting, A.T. Kearney, BCG, Deloitte, E&Y, KPMG, McKinsey and PwC. The institute attracted 4 new consulting firms for this year’s placements. The General Management domain saw participation from companies such as Aditya Birla Group (ABG), JSPL, Mahindra and Mahindra, Reliance Industries and TAS among others.
Some of the firms from this sector were Amazon, Appsdaily, Cognizant, Commonfloor, eBay, Flipkart, Google, HCL, Infosys,Magicbricks, MAQ Software, Mindtree, PayTm, Shopclues, Snapdeal, Uber and Wipro. These firms opened not only IT/Systems profiles but also roles such as business development, supply chain management, product marketing, program manager and analytics among others.
New Recruiters and profiles
43 companies hired for the first time from IIM Lucknow with over 60% coming from the Sales & Marketing, Finance and e-Commerce sector. Some of the other sectors that were represented by these firms were consulting, systems/IT, general management, media and automotive. The roles were primarily in sales and marketing, finance and e-Commerce.
The healthy economic environment has helped IIM Lucknow maintain its status as a top recruiting destination and has attained 100% placements for its largest graduating batch