IIM Lucknow overcomes GST, note ban; scores 100 per cent placements
Lucknow: When economy experts have claimed that recession is in the offing in India due to government decisions like demonetisation and Goods and Services Tax (GST), Indian Institute of Management, Lucknow (IIM-L) has scored 100 per cent summer placements.
IIM-L has managed to get all its 459 students of 33rd batch placed in more than 150 domestic as well as international companies, coming from diverse sectors, which participated in the recruitment process.
Most of the appointments came from the finance sector and were offered by international firms like Bank of America Merrill Lynch, Citi Markets and JPMorgan Chase.
As per the roles offered, the top four segments were sales & marketing, finance, consulting and business development. Apart from the finance sector, the job were also offered from diverse domains including operations/supply chain, general management, systems/IT, market research, analytics and HR.
The top recruiters across all sectors were Accenture Strategy, Aditya Birla Group, Amazon, AT Kearney, Cipla, Deutsche Bank, EY, Hindustan Unilever Limited, ITC Limited, Mahindra & Mahindra, McKinsey & Co, P&G, TAS, Boston Consulting Group, Uber and Vodafone.
Among the first time recruiters at IIM-L were Allergan, Bajaj Auto, Capgemini, Diageo, Exide, Mytrah, Puma, Sanofi, Shell and United Phosphorous Limited among others. A few of the companies including AB InBev, Deutsche Bank and Hindustan Unilever Limited also offered international profiles to students.
On the basis of roles offered, the top segments were sales & marketing (35 per cent), consulting (20 per cent), finance (25 per cent), e-Commerce (10 per cent), systems/IT (5 per cent), and general management (5 per cent).
The institute proudly underlines that IIM-L has not only created history by getting the largest IIM batch ever placed in record time, but has also raised the placement bar for the other top B-schools across the country.