IIMB News
It Rained offers at PGP and PGP-BA Students Summer Placements
The Summer Internship Placement process for the PGP and PGP-BA 2024-26 cohorts at IIM Bangalore concluded on a high note, as all 601 participating students secured offers from 140 organizations during the placement week from October 21-26, 2024. The process saw top global firms across Consulting, Finance, IT, Product Management, and more, vying for the institute’s talent.
Consulting remains a top draw, accounting for 38% of the offers. Accenture Strategy shattered its previous records by extending 96 offers, followed by Boston Consulting Group and Bain & Company. Other recruiters included McKinsey & Company, EY Parthenon, and PwC India.
Finance and Banking firms, such as Goldman Sachs, Barclays, and Citibank, made 88 offers. IT giants like Google, Microsoft, and Salesforce led the tech and analytics domain, with 64 offers. FMCG leaders, including Hindustan Unilever and Procter & Gamble, contributed to the 58 offers in the sector, while manufacturing firms like Tata Steel and JSW accounted for 54 offers.
Prof. Nishant Verma, Chairperson of Career Development Services, lauded the exceptional performance and expressed gratitude to recruiters. Placement representatives highlighted record-breaking milestones, emphasizing IIMB’s position as a preferred destination for top employers.
This year’s success underscores IIM Bangalore’s reputation for nurturing versatile professionals ready to excel across industries.
Celebrating Doctoral Excellence: PhD Fellowship and Research Paper Awards
The PhD programme office at IIM Bangalore hosted the Doctoral Programme Scholarship Awards on October 4, 2024, to recognize outstanding achievements by doctoral students. For the first time, the prestigious Doctoral Student Research Paper Awards were also presented.
The PhD Fellowship Awards honored students based on academic performance, research contributions, and alignment with the award’s objectives. Notable recipients include Sanchit Jain and Divya Dwivedi for the Mirae Asset Scholars Award and Lakshmi Parvathy for the Wipro Sustainability Scholar Award. Other winners included Chinmay Divekar (JR Fellowship), Gopinath Annadurai (Adani Indology Research Scholarship), and Satyajit Roy (Herbalife Sustainability PhD Fellowship).
These accolades reflect IIMB’s commitment to fostering groundbreaking research and recognizing academic excellence.
PhD Scholar’s Research Shines at Global Consumer Research Conference
Midhila K S, a doctoral scholar in Marketing at IIM Bangalore, presented her research at the Association of Consumer Research Conference 2024 in Paris. Her study, “Midnight for Cinderella: For Whom Does the Underdog Narrative Work?”, explored the complexities of the underdog effect in brand narratives.
The research reveals a paradox: while underdog stories foster strong consumer identification, brands that outgrow this narrative risk being perceived as inauthentic, adversely affecting purchase intentions. These findings urge brand managers to carefully assess the relevance of underdog positioning to avoid negative outcomes.
Midhila’s participation highlights IIMB’s vibrant research culture and its global academic contributions.
PGPEM Students Excel at Vista 2024 with Social Impact Innovations
Four PGPEM students—Gethaara Gowri Gowthami, Raghavendra Shirodkar, Raghuram Sridharan, and Rakesh G R—secured the First Runner-Up position at Sparsh, a social impact case competition during IIMB’s Vista 2024.
The team developed a comprehensive strategy for Diya Ghar, a nonprofit addressing early childhood education and nutrition for migrant children. Their recommendations for city expansions were rooted in detailed feasibility studies and actionable strategies.
The competition, hosted by Vikasana, IIMB’s Social Impact Club, emphasized creating sustainable solutions for pressing societal issues. The students’ achievement reflects the institute’s commitment to blending academic rigor with social responsibility.
PGPEM Student Represents IIMB at Berlin Global Dialogue 2024
Chaarshani Dwarapureddy, a second-year PGPEM student, represented IIM Bangalore at the Berlin Global Dialogue 2024’s Young Voices Program. The event convened global leaders, including French President Emmanuel Macron, to discuss AI regulation and innovation.
Chaarshani contributed to discussions on empowering smaller nations through strategic agility and diverse leadership in navigating complex challenges. Her participation was supported by IIMB’s membership in the Global Network for Advanced Management (GNAM), reflecting the institute’s global standing.
This recognition highlights IIMB’s role in shaping thought leaders for a rapidly evolving global business landscape.
