The Indian Institute of Management Bangalore (IIM Bangalore) had a good summer placement season and consulting was the top internship offerer.
Consulting constituted 50.7% of the total offers made during the placement season which indicates that management students are still in demand for strategy, business advisory and consulting related roles.
The average stipend was ₹1.95 lakh the competitive internship opportunities at one of India’s best business schools show up in the placement numbers. The placement figures indicate how important IIM Bangalore’s management programme is for recruiters from different industries.
Consulting firms continued to be a major source of offers with students working on business strategy, corporate planning, market research and organisational development.
The large share of offers in this sector also shows companies are interested in recruiting management graduates who can make decisions and solve problems for business.
Summer internships are an integral part of the management education experience. Students apply classroom concepts to business situations in the workplace and get corporate exposure as well. Internships also give students insight into industry expectations, professional skills development and networking before entering full-time job market.
Apart from consulting, recruiters from finance, technology, consumer goods, e-commerce, investment banking and general management come to summer placements at top management institutes also. This diversity allows students to explore their interest and professional goals in a career path.
The average stipend of ₹1.95 lakh is another way to measure opportunities during the placement process — stipends offered during summer internships can vary depending on recruiting company, job profile, duration of internship and sector. Average number does not mean amount received by every student.
IIM Bangalore has always been able to attract big companies for placement activities because of its academic reputation, industry connections and alumni network.
Recruiters look at management students for positions which require analytical thinking, leadership, communication and business problem solving skills.
The high contribution from consulting firms also indicates that consulting careers are still popular with management students. Consulting roles expose students to different industries and business challenges so they are attractive to students who want variety in their professional experiences.
Summer placement results are important for management students who track internship trends when considering business schools. Placement numbers, recruiter participation and stipend figures are some of the factors taken into consideration when evaluating career opportunities offered by an institution.
With consulting accounting for more than half of the offers and average stipend at ₹1.95 lakh, IIM Bangalore’s latest summer placement performance confirms that consulting is still an important player in management recruitment.
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