INSUBCONTINENT EXCLUSIVE:
BENGALURU: The Indian Institute of Management-Bangalore - the premier B-school - could complete only 80% of the summer placements within the
designated period, leaving 110 students still in the process of getting placed
They are likely to get placements by the first week of December.The first-year MBA students are mandated to undergo an internship in
April-May, for which the placements are generally held in the first or second week of November
This year, the placement drive was held from November 9 to 11, when 490 students were placed
The batch size is 600, the highest among all IIMs
Summer internships are part of the student-learning interventions, scheduled between the first and second years of the programme
This year, over 80% of the batch got summer internship offers within the designated week
Due to some factors outside our control (tight job market, proximity to Diwali), we had to extend the summer selection process beyond the
The institute has 600 students against 525 in the previous year
and many companies said they would resume it after the festival because interview panels were unavailable
While we do not deny that job market activity is low key everywhere, we do not see a need for alarm
We saw 160 companies in the first three days making offers to 490 students
While IT and ITeS companies visited the campus, there was no volume hiring done by many
The placement process has now resumed with marquee companies offering high-quality internship offers to our students
other industries will get into a wait-and-watch mode
No doubt that IIM graduates come with great value, but the firms would want to wait to understand whether they can make this investment now
TOI had reported on Wednesday that engineering college campuses were affected as bulk recruitments have been absent this time.
