Amazon top recruiter in IIM-Calcutta summer placement

Kolkata, Nov 16 (IANS) E-commerce major Amazon has emerged as the top recruiter by making 22 offers in the summer placements for the 2014-16 batch of students at premier business school Indian Institute of Management-Calcutta.

Amazon’s offers were made across various leadership and operations roles, an IIM-Calcutta statement said Saturday.

Over 450 students of the batch, one of the largest across all IIMs, got placements in a record time of just over two and a half days.

Sectorwise, the consulting domain led with 38 offers that came from leading firms like McKinsey & Company, Boston Consulting Group, Bain & Company and A.T. Kearney, the highest in the last three years.

Roland Berger, Europe’s number one consulting firm, recruited from IIM-Calcutta for the first time.

The maximum offers in the consulting sector was made by Accenture with 17, closely followed by The Boston Consulting Group at 15.

A phenomenal 378 offers were made in the first two days.

IIM-Calcutta played host to a number of new recruiters, prominent among them being Moelis & Co, Roland Berger and Alvarez & Marsal.

Leading banks like Citi Bank, Morgan Stanley, JP Morgan, Bank of America, Merrill Lynch, Goldman Sachs, UBS, Credit Suisse, Deutsche Bank, BNP Paribas, HSBC and Standard Chartered recruited for their front-end investment banking, private equity and global markets and corporate banking departments.

There was a significant increase in the number of offers from investment banking divisions of various banks.

Moelis & Co, Funds India, Decimus Financial, etc. hired exclusively from IIMC.

Offers from finance contributed to 25 percent of the total offers.

The FMCG sector saw participation from industry majors such as Hindustan Unilever Ltd., Proctor & Gamble, Mondelez International.