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| Goldman, Morgan steal the show at IIM-C placement | |
| BS Reporter / Kolkata November 16, 2008, 0:30 IST | |
IIM Calcutta (IIM-C) has completed its summer placement for 300 first-year, post-graduate management students. Goldman Sachs, Morgan Stanley, Merrill Lynch, McKinsey and Macquarie were among the 110 companies that placed students of the B-school.
The management institute was able to counter the negative sentiment in the market by inviting more companies to its campus. The summer placement process, which took place between November 9 and 14, was able to provide the students a wide possible range of sectors and job profiles.
The students have been placed in investment banking, consulting, general management, marketing, media and private equity. This year, the students had more options to choose from, with the B-school seeing the highest-ever participation of companies at 110 from the last year’s 85.
The Slot 0 at IIM-C saw witnessed around 100 students being placed. The prestigious slot saw companies such as Goldman Sachs, Morgan Stanley, Merrill Lynch, McKinsey, Macquarie, AT Kearney, BCG, Bain, HSBC Global, JPMorgan Chase, Barclays Capital, Deutsche Bank, Royal Bank of Scotland (RBS), Rothschild and French investment bank Calyon, among many others, absorbing students.
Merrill Lynch, Morgan Stanley and RBS recruited the highest number of students from IIM-C. Morgan Stanley London and two of the biggest names in Swiss banking, UBS and Credit Suisse, chose to recruit exclusively from the management institute.
The locations on offer included the United States, Europe, Australia, Hong Kong, Singapore, West Asia and all major locations in India.
Day 0 investment banks made 58 offers, while the consulting offers stood at 16. Offers also came in from a variety of domains, including retail, general management, marketing and commercial banking. Some of the major marketing names this year included P&G, Unilever, Diageo, Pepsi, Nestle and ITC, among others.
New firms on the campus included Yahoo, Amazon, Provogue, DHL Logistics, Reebok, Century Ply and the Mahindra Group. Adding to the diversity of profiles on offer, for the first time ever, IIM-C had start-ups, online ventures and micro-credit institutions taking part at the placement. HT Media, the Times Group and Star TV attracted interest among students.
The sector-wise break-up has been more rounded this time, with marketing, finance, media, logistics and supply chain management, general management, public sector undertakings and analytics firms attracting interest from students this year. Finance still continued to be the preferred sector of choice, but marketing and consulting also drew many students.
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