Thursday, 24 October 2019

Amazon top recruiter at IIM Lucknow summer placements

Amazon top recruiter at IIM Lucknow summer placementsLUCKNOW: American e-commerce giant Amazon emerged as the top recruiter at the Indian Institute of Management, Lucknow summer placements for the Post-Graduate Programme class of 2019-21 by extending 31 job offers, double of last year's figure.

The premier B-school in the state capital recorded 100% placements for its batch of 481 students in record time this year.

Amazon and Udaan were the only two e-commerce firms among the top 15 recruiters this year. Overall, e-commerce companies picked less students than last year. The job offers from e-commerce firms for 2018-20 batch aggregated to 19% against 8% this year.

Accenture, a management consulting firm, and Udaan, a B2B trade platform, were the second and third top recruiters with 15 and 14 job offers, respectively. The Boston Consulting Group came up with 12 job offers while Bain and Company, Deloitte, McKinsey & Company offered 10 jobs each. Citi, ITC and MasterCard followed picking up nine students each, while Avendus Capital, Procter and Gamble made eight offers each. Uber, Hindustan Unilever and Microsoft picked up seven management students each.

As in previous years, sales and marketing was the highest recruiting domain with 25% offers, followed by 24% from strategy and consulting. The operations and IT, and finance sectors offered 34% jobs while 9% came from general management.

Apparel Group, Cipla, Deutsche Bank, Hindustan Unilever and Landmark Group offered international profiles, while Apparel Group, Beam Suntory, Hindustan Coca-Cola Beverages, Multiples Alternate Asset Management, Ola, Paragon Partners, Pioneering Ventures were among the first-time recruiters this year.

Chairman Students' Affairs and Placement, IIML Prof Rajesh Aithal said, "The results show IIML has excellent pedagogy, and speak high of the competencies students acquire here."

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