Accenture and BCG are the top recruiters from Indian business schools

Global management consultancies Accenture and The Boston Consulting Group (BCG) have emerged as the most active recruits from business schools across India in the latest round of campus placements in the country. The Indian Institute of Management (IIM) dominated the placements.

At the IIM Lucknow placements that took place earlier this week, consulting firms accounted for as many as 32% of the placements across the country, and Bain & Company, Alvarez & Marsal and McKinsey & Company. As the placements wrap up across the country, consulting firms appear to have continued their domination.

The latest figures account for placement activity across some of the top business schools across the country, including all the IIMs (Ahmedabad, Bangalore, Calcutta, Lucknow, Kozhikode and Xavier’s School of Management), which constitute 80% of all placements across India.

As per these figures, Accenture and BCG have been the most active recruiters in terms of offers made to business students. Accenture made a total of 80 offers to graduates across all IIMs, making it the top recruiter for that particular institution. Most of these recruits are from IIM Bangalore.

BCG, on the other hand, favoured Xavier’s School of Management (XLRI), accounting for most of the placements there. Overall, consulting firms appear to have been the most active during campus placements. Other big recruiters include McKinsey & Company, Deloitte and Avendus.

Predictably, academic institutions have reported that most offers being made are in the industry 4.0 domain such as data science and analytics and even project management. This trend is in tandem with the strategy across a number of consulting firms in India that are all looking to ramp up their digital capabilities.

KPMG, for instance, has indicated that it will recruit around 9,000 employees in India over the next few years, while Deloitte plans to add as many as 40,000 professionals to its innovation centre in Hyderabad, which focuses primarily of technological advancements.

Campus placements are the preferred method for this upscaling, and some firms have announced that they will nearly double their recruitment levels from business and technology schools in the near future. Due to this high demand, tech consultants are also set to make heavy pay packages, which has been a prominent feature of this round of placements.