The next few days will be decisive for the postgraduate programme (PGP) class of the Indian Institute Of Management, Bangalore (IIMB) as the final placement season began on Tuesday. The batch size, which will be participating is 406, including those who have already gotten through pre-placement.
Though the placement process is largely the same as last year, this year, IIMB is trying out a new process of having two ‘half days’ i.e., conducting the interview in the morning and in the afternoon, the group process for companies lined up to interview students the next day. Earlier, there would be a day’s break between the two processes.
Though the placement season lasts till all students are placed, IIMB officials said they expected the process to be over in about four to five days, as has been the case before.
Sector-wise, IIMB officials said apart from the usual participants, they had witnessed a surge in participation from the e-commerce sector. No longer considered start-ups, it has almost become a new segment with consistent hiring over the last few years, officials said.
During last year’s placements, the average annual salary of the 2012–14 PGP class went up by over Rs. 2 lakh compared to the previous batch, with an average salary of Rs. 19.5 lakh per annum for the batch, including international offers. The domestic average salary was Rs. 17.4 lakh per annum. As many as 386 students had participated in the placement process which was completed within a record time of four days.
Institute decided on new process of two ‘half days’ this year
