For Immediate Release

IIM Bangalore Concludes Summer Placements 2011

Institute Witnesses Most Successful Season to Date

Bangalore, November 12, 2010: The Summer Placement Process at IIM Bangalore concluded today,
the fifth day of the process, placing the entire batch of 375 students at an unprecedented rate as
compared to previous years. Despite an increase in the batch size from 348 to 375 students, the
process concluded sooner, with a 100 percent increase in the number of first day offers over the last
two years.

While this is the largest batch of the Institute to be placed so far, the process was smoother and faster
this year. According to Professor. P.D. Jose, Chairperson , Placement, IIM Bangalore, “While the
summer placements at IIMB this year were a clear testimony to the revival of the industry, a lot of the
credit can also be attributed to the diversity of the batch.” About 21% of the batch comprised of
women, a higher proportion compared to previous years. “Many firms that came to campus were
willing to hire in much larger numbers as compared to the previous few years”, he added, reaffirming
market trends as well as the acceptability of the student cohort at IIMB.

Out of over 180 companies registered to visit the campus, the entire batch was placed in the
companies and sectors of their choosing in 127 companies. Nearly one third of the batch was placed
on the opening day of the session. Each company on an average increased the number of offers 26%
as compared to the previous year.

Significantly, the top consulting firms recruiting on the first day of the placement process made 70%
more offers than the previous year. The number of global recruiters at IIM Bangalore provides strong
testimony to its maturing global reputation. This year, the IIMB campus hosted leading multinationals
such as BCG, McKinsey and AT Kearney in the consulting segment and Goldman Sachs, Morgan
Stanley, RBS, Nomura and Standard Chartered amongst the investment banks.

Although Finance and Consulting formed the sectors of choice for around half the batch (185
students), there were an equally large number of students opting for other sectors. UBS, Accenture,
Ernst & Young, Caterpillar, Yahoo, Hindustan Coca Cola Beverages, Kraft Foods and Schneider were
amongst the firms that took part in the process for the first time. Seven students chose to pursue
alternative opportunities including entrepreneurship.

Recruiter Speak

Vasant Naik, Managing Director, Fixed Income Research, Nomura:

"We at Nomura have hired an outstanding set of students for internships in our offices across the
globe. We view IIM Bangalore as a strategic recruiting partner and look forward to coming to the
campus again in the years to come."

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Hemant Kalbag, Partner, A.T. Kearney:

“The process was managed very efficiently on the ground. Based on past experience, our recruiting
experience at IIM-B has been extremely fruitful and alumni from IIM-B campus have consistently
flourished at A.T. Kearney. We are very happy with the quality of students we have recruited, and
look forward to them joining us.

We would be even more happy to see greater diversity in the student body and more work experience
at campus.”

Ravi Srivastava, Director, BCG:

"Just like the previous years, BCG had a very good experience recruiting at IIM Bangalore. We were
highly impressed with the quality of students that we met, as well as the efficiency with which the
placement team ran the entire process. We look forward to continue recruiting large numbers from
IIM Bangalore"

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About IIMB
The Indian Institute of Management Bangalore (IIMB) has been recognized as the No. 1 Business
School in Central Asia by Eduniversal, a French Consultancy Group for three consecutive years.
IIMB has obtained the European Quality Improvement System (EQUIS) accreditation awarded by the
European Foundation for Management Education (EFMD). Established in 1973, IIMB today offers a
range of post-graduate and doctoral level courses as well as executive education programs. IIMB
Centres of Excellence are engaged in adding value to their communities in the areas of Public Policy,
Capital Markets & Financial Management, Corporate Governance, Entrepreneurship, Public Policy,
Software and Supply Chain Management, to name a few. With a faculty body from amongst the best
universities worldwide, IIMB is fast emerging as a leader in the area of management research,
education and consulting.

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For More Information, please contact:

N Bringi Dev
Head – Communication
Phone: +91 80 2699 3133
M: +91 98 440 84873
Fax: +91 80 2658 4050
E-mail: bringi.dev@iimb.ernet.in

Sapna Agarwal Praveen Gopal Krishnan

Head – Career Development Services Head – Student Media Cell
Phone: +91 80 2699 3357/3301 Phone: +91 99002 12387
M: +91 99 801 60621 E-mail: smc@iimb.ernet.in,
E-mail: placemnt@iimb.ernet.in praveen.krishnan09@iimb.ernet.in

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