The Indian Institute of Management Bangalore (IIMB) has achieved 100 per cent summer placements for its 2026-28 Post Graduate Programme (PGP) and Post Graduate Programme in Business Analytics (PGPBA) batches. All 608 students who participated in the placement process secured internship offers from 128 organisations, marking a complete placement record for the participating students.
The summer placement process was conducted between October 26 and 29, 2026. Recruiters from consulting, finance, banking, technology, e-commerce, consumer goods, manufacturing, healthcare and other sectors participated in the recruitment drive.
According to the institute's placement announcement, the median monthly stipend for the batch stood at Rs 2 lakh, while the average monthly stipend was Rs 1.95 lakh. Technology-sector hiring also recorded a significant increase, doubling compared with the previous placement cycle.
The IIMB Digest+2
608 students receive internship offers
All 608 students who participated in the summer placement process received offers from 128 organisations. The placements covered students from the PGP and PGPBA programmes for the 2026-28 academic batches.
The recruitment exercise brought together companies from different industries, providing students with opportunities across multiple professional fields. Consulting, finance, technology, product management, sales and marketing, general management and analytics were among the major recruitment areas.
The institute also reported that more than 600 students secured offers within just two days of the placement process. IIM Bangalore's student placement committee described this as the highest number of offers secured in a two-day summer placement process across the Indian Institutes of Management.
The successful completion of the process reflects participation from established recruiters as well as organisations joining the institute's placement drive for the first time. First-time recruiters accounted for approximately 40 per cent of the participating organisations.
The IIMB Digest+2
Median monthly stipend reaches Rs 2 lakh
One of the key highlights of this year's summer placement report is the stipend information released by IIM Bangalore.
The median monthly stipend stood at Rs 2 lakh, while the average monthly stipend was Rs 1.95 lakh. These figures indicate the level of internship compensation offered to students during the summer placement process.
The median and average figures represent different measurements. The median is the middle value when all stipend amounts are arranged in order, while the average is calculated by dividing the total stipend amount by the number of students or offers included in the calculation.
The figures relate to summer internship placements and should not be confused with the annual salary packages offered during final placements.
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Consulting dominates recruitment
Management consulting emerged as the largest recruitment category, accounting for 308 offers, representing 50.7 per cent of the total offers reported.
A total of 22 consulting firms participated in this category. Accenture Strategy was the leading recruiter, extending 123 offers.
Bain & Company and Boston Consulting Group each made 23 offers. EY Global Delivery Services and EY-Parthenon also extended 23 offers each, while Kearney made 19 offers.
Other consulting recruiters included McKinsey & Company, Tata Consultancy Services, Alvarez & Marsal, Deloitte and Oliver Wyman.
The strong presence of consulting firms highlights the continued demand for management graduates in business strategy, advisory services and organisational problem-solving roles.
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Technology hiring doubles
Technology recruitment was another major highlight of the placement process. IIM Bangalore reported that hiring by technology companies doubled compared with the previous summer placement cycle.
The AI, IT and technology category recorded 51 offers from 21 organisations.
Microsoft and Albertsons Companies made six offers each, while Google and Nutanix extended four offers each. Other participating technology recruiters included Adobe, Apple, Amazon, Salesforce, Samsung Electronics, Sprinklr and eBay.
The increase in technology hiring indicates that management graduates are receiving opportunities beyond traditional consulting and finance roles. Technology companies are also recruiting candidates for business, product, analytics and management-related responsibilities.
The participation of companies from artificial intelligence, information technology and digital business sectors added to the diversity of opportunities available to students.
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Finance and banking companies make 74 offers
The finance, banking and investment sector accounted for 74 offers from 33 organisations.
Goldman Sachs led recruitment in this category with eight offers. Citibank and Deutsche Bank made five offers each.
Other participating organisations included Bank of America, Barclays, Blackstone, JPMorgan Chase, Morgan Stanley, UBS and Standard Chartered.
The participation of financial institutions provided students with opportunities in areas such as investment banking, financial services, asset management and related business functions.
Other sectors contribute to placements
Several other industries also participated in the summer placement process.
E-commerce, payments, fintech and retail organisations collectively made 46 offers. American Express led this category with 17 offers, followed by Amazon with seven.
The fast-moving consumer goods sector accounted for 43 offers from 14 organisations. Procter & Gamble made 10 offers, while ITC extended seven.
Indian business conglomerates collectively made 40 offers through 12 groups, registering a 33 per cent increase compared with the previous placement cycle. Participating groups included Adani Group, Aditya Birla Group, Godrej, Mahindra, Reliance and GMR Group.
Manufacturing, construction, energy and infrastructure organisations contributed 25 offers. Healthcare, pharmaceuticals, entertainment and edtech companies accounted for another 21 offers.
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New recruiters add to industry participation
Another notable feature of this year's placement process was the participation of first-time recruiters. Around 40 per cent of the 128 participating organisations were new recruiters, according to the institute's placement information.
This indicates that the recruitment network extended beyond companies that regularly participate in IIM Bangalore's campus placement activities.
The institute's Career Development Services team and student placement committee coordinated the process across different recruitment sectors. The participation of organisations from multiple industries also gave students a wider range of internship opportunities.
Strong placement outcome for the 2026-28 batches
The latest summer placement results mark an important milestone for IIM Bangalore's PGP and PGPBA students. With all 608 participating students receiving offers, the institute recorded complete placement coverage for the two batches.
The median monthly stipend of Rs 2 lakh, doubling of technology hiring and strong participation from consulting and finance companies were among the major highlights.
The results also show the growing range of industries recruiting management students. With technology firms, financial institutions, consulting companies and consumer businesses participating, students received internship opportunities across different professional areas.
The summer placements are an important stage in management education, allowing students to gain industry experience and apply classroom learning in professional environments before completing their programmes.
