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IIM Lucknow announces the completion of its summer placements

11-23-2007 01:34 PM CET | Science & Education

Press release from: IIM - Lucknow

/ PR Agency: FinessePR
424 offers for 285 students; 28 international interships; Consulting, iBanking lead the bandwagon

IIM Lucknow has announced the completion of its summer placements. All the 285 students of various courses were lapped up by corporates within no time. In total 424 offers were made to the students.

The placements saw the students with prior work experience get choicest jobs. This year saw a record of 424 offers as compared to 391 last year. The number of foreign placements saw a tremendous rise from 6 last year to 28 this year. Companies offering foreign placements include BNP Paribas Hong Kong, Citibank Hong Kong, Barclays Capital (London), Unilever (London), Proctor & Gamble (Global Offices for Marketing, CBD, CMK and F & A), Alshaya and Arohi Asset Management.
The Summers placements this year saw a large number of consulting firms like McKinsey & Co., BCG, Ernst & Young, Accenture, KPMG, Price Waterhouse Coopers, TAS, and the likes visiting the campus.
According to Dr Devi Singh, Director, IIM Lucknow, there has been a marked increase in the number of “better” profiles being offered by the clients. “The trend this year has been that IIML students have been offered the more coveted jobs in the industry, even for summers, like consulting, treasury, trading, etc. This has been possible because the recruiters have been impressed with the programmes, pedagogy and academic resilience of the courses at IIML.”
Typically the students were offered basic profiles in most functions for their summer internships, but now the trend at IIML this year has been that the most coveted and sought after profiles in each function, for example brand management in marketing, trading & treasury profiles in Finance are increasingly being offered to students for even their internships.
In iBanking, the most sought after client facing roles were also offered for summer placements. In Sales and Marketing profiles, brand management profiles are being offered for summers. These are bascally strategy and implementation profiles within the brand management function.
Johnson & Johnson (Consumer & Medical), GSK (Consumer & Pharma), Yahoo, Intel, IBM and Reliance were some other major recruiters.
For more information please contact:
Prof. Pankaj Kumar, Chairman Placements, IIML
Cell: 09415015428
Landline: 0522 - 2736764 / 2734013

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