'Acche Din' for e-commerce: Flipkart, Amazon recruit at IIM Lucknow

The college achieved 100% placement for the batch 2016-18

The e-commerce job offers to the latest graduating batch (2016-18) of the IIM-Lucknow (IIM-L) by e-commerce marquees, including Flipkart and Amazon, increased from 8 per cent last year to 12 per cent this year, thus clocking hike of almost 35 per cent year-on-year.

This is a far cry from the situation 1-2 years back, when top B-schools, including the IIMs had downgraded e-commerce recruiters, including Flipkart over deferred placements owing to the economic slowdown coupled with consolidation and restructuring in the domestic e-commerce space.

Some of the reputed firms in the IT/e-Commerce/Technology sectors, which recruited at IIM-L this year were Amazon, Flipkart, Cloudtail, OYO, Paytm, Uber and Wipro. The major profiles offered included IT/Systems management, category management, sales enablement, business development, supply chain management, product marketing, strategic alliances, program manager and analytics.

Prof Nishant Uppal, Chairman, IIM-L Students’ Affairs & Placement said with the economy on a high, the graduating students had the perfect opportunity to make the best of their profiles.

Meanwhile, IIM-L has achieved 100 per cent final placements for the 2016-18 batch of its flagship two-year Post Graduate Programme (PGP) programme by placing all the 445 students, who received 454 offers by 143 recruiters.

Some prominent recruiters included Aditya Birla Group, Amazon, Accenture, Citi, Deloitte, Everest Group, Flipkart, Hinduja, KPMG, PwC, Paytm, Tredence Analytics, Yes Bank, Alvarez & Marsal, Citi Markets, Kotak, McKinsey & Company, Fidelity, MasterCard Advisors and The Boston Consulting Group.

The top segments-based on functional roles offered were Sales & Marketing (24 per cent), Finance (23 per cent), Consulting (23 per cent), e-Commerce (12 per cent), Systems/IT (7 per cent) and General management (11 per cent). Another highlight of this placement season was the increase in number of offers from top management consulting and financial firms.

Meanwhile, the FMCG/consumer goods/telecom/digital media space witnessed firms such as Airtel, ABInBev, Dr.Reddy’s, GSK, Hindustan Unilever, ITC, Nestle, Procter & Gamble, Reckitt Benckiser, Samsung and Star TV. In addition to traditional sales & marketing roles, the firms offered profiles in supply chain management, IT, corporate finance and analytics.

The Banking, Financial Services and Insurance (BFSI) segment was represented by reputed international companies hiring for diverse profiles, including American Express, Altisource, Avendus Capital, CRISIL, Citi, Deutsche Bank, DBS, HSBC, ICICI Bank, Kotak, o3 Capital and Societe Generale. Major roles offered were Investment Banking, Global Markets, Investment Research, Corporate/Wholesale/Retail Banking, Market Research, Trading and Operations.

The consulting domain saw participation from Accenture, Alvarez & Marsal, Capgemini, Arete Advisors, Deloitte, EY, Feedback Infra, KPMG, PwC, Mastercard, Mckinsey & Company and The Boston Consulting Group among others.

The General Management domain saw participation from companies such as Aditya Birla Group (ABG), Airtel, Hinduja, Lodha Group, RPG and Tata Administrative Services among others.