Lucknow: In light of global economic cues, the Indian Institute of Management, Lucknow (IIM-L) recently concluded its Summer Placement for 2008.

More than 110 organizations participated in the Summer Placements 2008 at IIM Lucknow ensuring ample choice for students of the Batch of 2010, the largest batch across all premier B-schools this year.

Firms from across verticals demonstrated their confidence in the quality of students and reaffirmed their choice of IIM Lucknow as a preferred recruiting partner.

IIM Lucknow continued to attract the best organizations in the banking and financial sector and these companies offered a wide spectrum of roles across functions to students. More than 32 percent students chose the financial sector as their preferred vertical.

The major I-Banking / P.E. firms in this sector included Merrill Lynch, Barclays Capital, Baring Private Equity Partners, O3 Capital, 2i Capital, Seedfund, JP Morgan Chase, and Goldman Sachs.

The other prominent participants were Citigroup, HSBC, Deutsche Bank, Standard Chartered Bank, RBS Group, American Express, ICICI bank and Axis Bank.

IIM Lucknow re-asserted its standing as a premier Consulting campus with participation from consulting giants like McKinsey & Co., The Boston Consulting Group, PricewaterhouseCoopers, Hewitt Consulting, Frost & Sullivan and many other top consulting firms.

Top general Management profiles from TAS and Aditya Birla Group further add to this impressive list.

As has been a trend in the past, placements in the field of sales and marketing attracted the best organizations in the world. Corporates such as HUL, P&G, Nokia, Diageo, Johnson & Johnson, Nestle, GlaxoSmithKline, Alshaya, Bharti Group, ITC, Marico, Asian Paints, Dabur, Colgate Palmolive, Cadbury and Reckitt Benckiser recruited students in large numbers to spearhead their marketing initiatives.

IIM Lucknow further strengthened its relationship with regular recruiters such as L&T, RPG, Futures First, IBM, Cognizant, Wipro and TCS while fostering new relationships with firms like Merrill Lynch, 2i Capital, Microsoft, IMACS, Diageo, Seedfund, Emergent Ventures and many others.

"The fact that a battery of firms was willing to forge new relationships with the institute in these troubled times stands testimony to the fact that there always is demand for quality managerial talent coming from the nation's premier B-School", an official from IIM Lucknow told NNE.

Building over past trends, several IIM Lucknow students will be pursuing internships in locations like Singapore, London, Switzerland, United States and the Middle East.

International locations were offered by McKinsey & Co., Aditya Birla Group, TAS, HUL, P&G, Cognizant, Diageo and Alshaya Group.

For the first time in its history, IIM Lucknow had a day dedicated for hosting entrepreneurial ventures.

"The day saw participation from more than 20 of the most progressive entrepreneurial ventures across verticals. These included firms launched by several of IIM Lucknow's own alumni. Students greeted these firms with an enthusiastic response and many chose to intern with these firms over other lucrative offers", the official further said.

Extremely delighted with the quality of students and their overall recruiting experience, an executive from one of India's top FMCG firm said, "It was our pleasure to visit your campus and we are extremely delighted by the way IIM Lucknow ran the entire process. I must compliment the hard work put in by you all in making it a seamless and mutually beneficial recruitment process."