Bangalore: Global banking and financial firms, once the favourites of management graduates, turned up in fewer numbers at Indian Institute of Management Bangalore for placement but pharma, FMCG, manufacturing and consulting companies lapped them up.
Different beat: A file photo of the IIM Bangalore campus. Manjunath Kiran / Mint
“Our placement is almost over and we have not done badly. We did pretty well,” IIM-B Director Pankaj Chandra said here.
Financial and banking services giants had been favourites of IIM-B students but the troubled scenario, particularly in the US, has seen a shift as far as placement scene in IIM-B is concerned, IIM-B officials said.
“Financial and banking companies were relatively fewer (this year in the placement season)”, Chandra said, but added that students have found placements in sectors like pharmaceutical, manufacturing, FMCG and consulting.
“The crucial thing at this juncture is to be able to find appropriate jobs for all our students and that’s our endeavour and in that I hope we will meet the requirement,” Chandra said.
IIM-B officials said the premier B-school had invited more companies this time for placement.
“The number of jobs that each company is coming with are relatively fewer this year,” Chandra added.