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First-time recruiters rule at B-schools

First-time recruiters are leading the placement for students of B-schools like IIMs.

Written by Kirtika Suneja | New Delhi |
March 7, 2011 9:04:11 pm

First-time recruiters are leading the placement for students of B-schools. The Indian Institutes of Management like IIM-Lucknow and Kozhikode,which concluded their final placements on Saturday saw new and first-time recruiters making their presence felt in their campuses.

At IIM-K,for instance,about 35% of the recruiters either participated in the placements for the first time or re-visited the institute after a gap of at least two years. More than 80 jobs were offered by the new recruiters. These companies included ADAG,Airtel,Apollo Hospitals,CRISIL,EXL,Fujistu,Glenmark,HP,Idea and Lenovo. Others like MMTC,Mphasis,NDCEX,Videocon and Wipro Consulting too were first-time recruiters at the IIM. Similarly,niche AMCs like Nereus Capital also participated. This gives students more choice on the salary of profile they are looking for. “New recruiters coming to the campus is definitely a very good sign and shows the growing confidence of the industry in IIM-K,” said a media cell member of IIM-K.

At IIM-L,53 out of the 206 participating companies were first-time recruiters such as Amazon,Bloomberg,Ford,Fujitsu Consulting,Google,HP,IndusInd Bank,JFS,Lenovo,Microsoft IDC,Nereus Capital,Panasonic,Planet M,Star CJ,Subros,Tally Solutions and The Nielsen Company among others. Firms like niche AMC Nereus Capital picked up students from both these campuses for the first time. So was the case with technology firms like Lenovo and Tally Solutions.

Food commodities trading firm Triton Group,which recruited for the first time from an IIM picked up five students from IIM-K which saw most of the first time recruiters coming from the sales and marketing background. “Our experience with IIM-K was excellent with the quality of candidates and the process. Will certainly increase our numbers next year”,said Anuj Kumar,vice-president (Human Resources) Fujitsu Consulting India.

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Even the lateral placements at IIM-L saw 25 new recruiters like Adani Group,CEB,Ford IT,HP,i3 Consulting and Info Edge. “We have witnessed 70% increase in the number of firms visiting us this year for placements. Also,exclusive roles in private equity and international trading desk were offered at IIM Lucknow,” said Apoorva Gupta,recruitment coordinator,IIM-L.

Same was the case with IIM-Calcutta where first-time recruiters Essex Lake group,a global consulting firm,recruited exclusively from the institute. IM-Indore comprising 238 students witnessed participation from 92 recruiters across 16 sectors with 27% of them being first timers in the likes of Boston Consulting Group. and HUL.

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