IIM Bangalore Achieves 100% Summer Placements; 608 Students Receive Offers from 128 Organisations
Consulting dominates recruitment with 50.7% of offers; technology hiring doubles, Indian conglomerates increase offers by 33%, and first-time recruiters account for around 40% of participating organisations.
Bengaluru, October 31, 2026: The Indian Institute of Management Bangalore (IIMB) has announced the successful completion of its Summer Placement process for the Post Graduate Programme in Management (PGP) and Post Graduate Programme in Business Analytics (PGPBA) 2026–28 batches, with all 608 participating students securing offers from 128 organisations.
Conducted during the placement week from October 26 to 29, 2026, the recruitment process recorded strong participation from companies across consulting, finance, technology, product management, sales and marketing, general management, analytics and several other sectors.
Consulting emerged as the largest recruitment segment, accounting for 50.7% of the total offers. The institute also reported increased hiring activity from leading technology companies, with technology recruitment doubling compared with the previous cycle. Indian conglomerates increased their offers by 33%, while first-time recruiters represented approximately 40% of the participating organisations.
The batch recorded a median monthly stipend of ₹2 lakh, while the average monthly stipend stood at ₹1.95 lakh.
Consulting leads the recruitment landscape
According to IIM Bangalore, consulting firms collectively made 308 offers, making the sector the leading contributor to the summer placement process. Accenture Strategy emerged as a major recruiter, extending 123 offers.
Other prominent consulting recruiters included Bain & Company, Boston Consulting Group, EY Parthenon, Kearney and McKinsey & Company.
Finance, banking and investment firms accounted for 74 offers, reflecting continued demand for management talent in financial services, investment management and advisory roles.
Technology recruitment also recorded significant momentum, with 51 offers across 21 organisations. Companies participating in this segment included Microsoft, Google, Adobe, Amazon, Apple, Salesforce, Nutanix and Samsung Electronics.
Sector-wise recruitment highlights
The placement figures released by the institute show participation across a broad range of industries:
| Sector | Organisations listed | Offers |
|---|---|---|
| Consulting | 22 | 308 |
| Finance, Banking and Investments | 33 | 74 |
| AI, IT and Technology | 21 | 51 |
| E-commerce, Payments, FinTech and Retail | 10 | 46 |
| FMCG | 14 | 43 |
| Conglomerates | 12 | 40 |
| Manufacturing, Construction, Energy and Infrastructure | 11 | 25 |
| Healthcare, Pharmaceuticals, Entertainment and EdTech | 9 | 21 |
| Total | Category-wise figures | 608 |
Major recruiters across sectors
Consulting: Accenture Strategy led the segment with 123 offers. Other participating organisations included Alvarez & Marsal, Bain & Company, Boston Consulting Group, Deloitte, EY Global Delivery Services, EY Parthenon, Kearney, McKinsey & Company, Oliver Wyman, PwC, Roland Berger, TCS and Vector Consulting.
Finance, Banking and Investments: The 74 offers came from organisations including Goldman Sachs, Citibank, Deutsche Bank, Bank of America, Barclays, JP Morgan Chase & Co., Morgan Stanley, UBS, HSBC, Standard Chartered, Blackstone, Fidelity International, Avendus Capital, Motilal Oswal and UTI Asset Management Company.
AI, IT and Technology: The 51 offers were distributed among 21 organisations, including Adobe, Albertsons Companies, Amazon, American Express, Apple, eBay, Eightfold.ai, Google, Microsoft, Nutanix, Salesforce, Samsung Electronics, Sprinklr and UKG.
E-commerce, Payments, FinTech and Retail: This segment generated 46 offers, with participation from American Express, Amazon, Booking Holdings, Swiggy, Navi, KreditBee, Puma, Purplle, Arvind Fashions and Cocoblu.
FMCG: A total of 43 offers were reported from companies including Procter & Gamble, ITC, Hindustan Unilever, Mondelez, Nestlé, Amul, Dabur, Marico, AB InBev, The Coca-Cola Company and Wipro Consumer Care.
Conglomerates: The segment accounted for 40 offers. Participating business groups included Adani Group, Aditya Birla Group, CKA Birla, Essar, GMR Group, Godrej, Hinduja, Mahindra, Reliance, RPG Group, RPSG and TAS.
Manufacturing, Construction, Energy and Infrastructure: The 25 offers came from organisations including Castrol India, Tata Steel, ReNew, Vedanta, Pidilite, Saint-Gobain, Berger Paints, Asian Paints, Hero MotoCorp and ArcelorMittal Nippon Steel India.
Healthcare, Pharmaceuticals, Entertainment and EdTech: This segment contributed 21 offers, with participation from Carelon, Dr. Reddy’s Laboratories, Glenmark Pharmaceuticals, Indegene, Medtronic, Sun Pharma, Scaler, Sony Pictures and Endemol Shine.
IIM Bangalore leadership highlights placement performance
The institute’s fourteen-member student Placement Committee described the outcome as a significant achievement, stating that more than 600 students received offers within two days. The committee further described it as a record for the highest number of offers made during a two-day summer placement process across IIMs.
Prof. Nishant Kumar Verma, Chairperson of Career Development Services at IIM Bangalore, attributed the outcome to the capabilities of the students, continued confidence among recruiting partners and effective coordination between the Placement Committee and the Career Development Services office.
He also emphasised the institute’s commitment to strengthening its corporate relationships and maintaining long-term engagement with recruiters.
Mr. Tapas Ranjan Pati, Head of Career Development Services, noted that leading global recruiters had provided positive feedback on student performance and the overall recruitment process.
He identified management consulting as the most preferred domain, followed by finance and investments and product management. He also highlighted the continued participation of established global FMCG companies and major Indian conglomerates, along with the strong recruitment contribution from Accenture Strategy.
First-time recruiters strengthen participation
An important feature of this year’s placement process was the participation of new recruiters. Approximately 40% of the organisations taking part were first-time recruiters, indicating an expansion of the institute’s corporate recruitment network.
The placement committee expressed appreciation to both longstanding and new recruiting partners, acknowledging their contribution to the successful completion of the process.
With all 608 participating students receiving offers, the Summer Placement 2026–28 process reflects continued recruiter engagement across traditional management sectors as well as technology, analytics, financial services and emerging business domains.
By Suman Munshi | IBG NEWS
