Bengaluru: Management consulting emerged as the most preferred domain, accounting for more than 50% of the offers in the summer placement of the Indian Institute of Management-Bangalore this season.In a deviation from its normal practice, IIM-B also announced the stipend packages. The median stipend for the batch is Rs 2 lakh per month and the average is Rs 1.95 lakh per month.Accenture Strategy made a record number of offers (123) again this year. After management consulting, finance/investments and product management roles were the favourites. Legacy recruiters, including global FMCG giants and leading Indian conglomerates, continue to recruit in significant numbers. The cycle also saw increased hiring by leading technology companies, along with a rise in first-time recruiters, who accounted for approximately 40% of participating organisations.The summer placement process for the PGP and PGPBA 2026-28 cohorts was held from Oct 26-29, with all 608 participating students securing offers from 128 organisations.“Consulting accounts for 50.7% of offers; technology hiring doubled, Indian conglomerates increase offers made by 33%, and first-time recruiters accounted for 40% of participating organizations,” said IIMB.The fourteen-member student Placement Committee said, “With 600+ students placed in just two days, IIM Bangalore has set a record for the highest number of offers made in a two-day summer placement process across all IIMs.”The placement committee added: “The season witnessed strong participation from legacy and new recruiters, with approximately 40% being first-time recruiters. This milestone reflects the exceptional caliber of our students, the continued trust of our recruiting partners, and the collective efforts of the entire team.”Placement trendsConsulting (22 firms – 308 offers): Accenture Strategy (123), Bain & Company (23), Boston Consulting Group (23), EY Global Delivery Services (23), EY Parthenon (23), Kearney (19)Finance/Banking/Investments (33 firms – 74 offers): Ajman Bank (4), Deutsche Bank (5), Goldman Sachs (8), Motilal Oswal (4), PwC India (4).AI/IT/Technology (21 firms – 51 offers): Albertsons Companies (6), Google (4), Microsoft (6).E-commerce/Payments/FinTech/Retail (10 firms – 46 offers): Amazon (7), American Express (17), Booking Holdings (5).FMCG (14 firms – 43 offers): HUL (4), ITC (7), Mondelez (4), Procter & Gamble (10)Conglomerates (12 firms – 40 offers): Adani Group (5), Aditya Birla Group (5), Reliance (5)Manufacturing/Construction/Energy/Infrastructure (11 firms – 25 offers): Castrol India (5), Abhinandan Ventures (3), ReNew (3), Tata Steel (3)Healthcare/Pharmaceuticals/Entertainment/EdTech (9 firms – 21 offers): Indegene (5), Scaler (3), Sun Pharma (3)
