The Indian Institute of Management Bangalore (IIM Bangalore) has announced a significant surge in technology hiring during its 2026-28 summer placement process. The institute achieved 100% placements, with all 608 students securing internship offers from a diverse group of 128 organizations.
Technology Sector Shows Robust Growth
Technology companies notably increased their recruitment, doubling their hiring activity compared to previous years. This sector accounted for 51 offers across 21 organizations within the AI, IT, and technology categories. Leading global tech giants participated, with Microsoft and Albertsons Companies extending six offers each, and Google making four offers. Other prominent recruiters included Adobe, Eightfold.ai, Nutanix, UKG, Amazon, Apple, eBay, and Salesforce.
Consulting Remains Dominant
Despite the rise in tech hiring, consulting firms continued to be the largest recruitment segment, comprising 50.7% of all offers. A total of 308 offers were made by 22 consulting firms. Accenture Strategy emerged as the top recruiter in this category with an impressive 123 offers. Bain & Company and Boston Consulting Group each made 23 offers, while McKinsey & Company extended 12 offers.
Other Key Sectors and Stipends
- Finance, Banking & Investment: This sector recorded 74 offers from 33 organizations. Goldman Sachs led with eight offers, followed by Deutsche Bank and Citibank, each making five offers.
- E-commerce, Payments, Fintech & Retail: This segment saw 46 offers from 10 organizations, with American Express making 17 offers and Amazon extending seven.
- FMCG: Fast-Moving Consumer Goods companies collectively made 43 offers across 14 organizations. Procter & Gamble led with 10 offers, followed by ITC with seven.
Indian conglomerates also demonstrated increased hiring, boosting their offers by 33% year-on-year. Twelve conglomerates, including Adani Group, Aditya Birla Group, Reliance, Mahindra, and Godrej, made a total of 40 offers.
The placement season, which occurred from October 26 to 29, 2026, also welcomed new recruiters, who constituted approximately 40% of the participating organizations. The median monthly stipend for the batch stood at ₹2 lakh, with the average at ₹1.95 lakh, reflecting strong industry demand across various roles including product management, sales and marketing, general management, and analytics.