IIM Lucknow’s final placements concludes today

(I-Newswire) March 12, 2010 - Press Release

March 12th, 2010

IIM Lucknow’s final placements concludes today

121 companies make a total of 370 offers

Return of the Finance and IT sectors in a big way

Participation of 32 first-time recruiters

Final Placements at IIM Lucknow have concluded on a high note with a total of 370 offers being made for the batch of 315. This is the largest ever graduating batch to be placed across all IIMs, till date. The offers made include 41 Pre-Placement Offers, 123 lateral offers for higher entry placement, and 206 offers during the final placement week. A total of 121 companies participated in the placement process this year. Among the key recruiters were McKinsey and Co., Procter & Gamble, Hindustan Lever, Aditya Birla Group, Deutsche Bank, Deloitte and KPMG.

In terms of number of offers, Procter & Gamble, Goldman Sachs and Cognizant led the way, making 10 offers each. Yes Bank recruited 9 candidates, while Deloitte hired 8 candidates for its consulting profiles.

The Pre-Placement Offers extended include offers from Boston Consulting Group, JP Morgan Chase, TAS, Diageo, Agro Tech Foods, Marico, ITC and Reckitt Benckiser. The graduating batch at IIM Lucknow brings with it rich pre-MBA background diversity and work experience - the average duration being 36 months. This prompted recruiters across industries to offer senior management roles - both Indian as well as International. The Higher Entry Placement Program, witnessed over 100 lateral offers being made to students by firms such as Olam International, Philips, Goldman Sachs, Yes Bank, Ernst & Young Dubai, Deloitte, Cognizant, Mindtree Consulting, IBM Consulting and Rediff among others.

The just-concluded Placement week saw the return of the Finance and IT sectors in a big way. Banks and Financial Sector firms have recruited in large numbers offering positions in Investment Banking, Proprietary Trading, Treasury, M & A and Global Risk Management to name a few. Prominent financial firms include Calyon Bank, Citibank, HSBC, Standard Chartered, Nomura, Kotak Securities, ICICI Bank, Axis Bank and Yes Bank among many others.

Key recruiters in the sales and marketing space include Nokia, Puma, Pepsi, Cadbury and Reckitt Benckiser among others. Conglomerates such as Mahindra & Mahindra, Larsen & Toubro, RPG, Essar and Siva Group were prominent recruiters. Philips, Asian Paints, and Arshiya International were firms offering Supply Chain Management profiles.

This year also saw the participation of 32 first-time recruiters such as Centrum, Microland, Pfizer, Siemens Information Systems Ltd, Suzlon, S C Johnson, and Thomas Cook.

Major Public Sector Undertakings continued to show interest in hiring from IIM Lucknow. Among the key recruiters were ONGC, Powergrid, NTPC and Shipping Corporation of India who offered lucrative profiles in Finance, HR and General Management.

The sheer range of profiles offered during the placement process is an indicator of the trust reposed by recruiters in the IIM Lucknow brand. With its range and diversity of background and work-experience among successive graduating batches, IIM Lucknow is confident of meeting the requirements of industry in future as well.

For More information, please contact:
Vinita Dhawan
Finesse PR
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Email: vinita@finessepr.com

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