Overview
The Economics program at Alliance University Bangalore has consistently achieved impressive placement outcomes, with graduates securing positions in top-tier organizations across various sectors. The department's strong industry connections and academic excellence contribute to high demand for its graduates.
Placement Statistics (Last 5 Years)
| Year | Highest Package (INR) | Average Package (INR) | Median Package (INR) | Placement Rate (%) | PPOs Offered |
|---|---|---|---|---|---|
| 2020 | 15,00,000 | 7,50,000 | 6,50,000 | 92 | 32 |
| 2021 | 18,00,000 | 8,20,000 | 7,00,000 | 93 | 41 |
| 2022 | 20,00,000 | 9,50,000 | 8,20,000 | 94 | 47 |
| 2023 | 22,00,000 | 10,50,000 | 9,00,000 | 95 | 54 |
| 2024 | 25,00,000 | 12,00,000 | 10,00,000 | 96 | 63 |
The average package has increased steadily over the years, reflecting the growing demand for skilled economists in various sectors. The highest package offered by top recruiters has also seen a consistent rise, indicating strong market recognition of Alliance University's graduates.
Top Recruiting Companies
Graduates from the Economics program have been hired by leading organizations across finance, consulting, technology, and public sector domains:
- Goldman Sachs: Offers roles in financial analysis, risk management, and investment banking.
- McKinsey & Company: Provides opportunities in strategy consulting and economic research.
- ICICI Bank: Hires for roles in credit analysis, retail banking, and corporate finance.
- Tata Consultancy Services (TCS): Offers positions in business analytics, financial modeling, and process optimization.
- Deloitte: Provides roles in economic consulting, regulatory compliance, and data analytics.
- Bloomberg L.P.: Recruits for financial data analysis, economic research, and software development.
- Citi Group: Offers internships and full-time roles in global banking and financial markets.
- Axis Bank: Hires for credit risk assessment, financial planning, and investment advisory.
- HSBC: Provides opportunities in international finance, regulatory reporting, and economic analysis.
- Accenture: Offers roles in digital transformation, business strategy, and economic impact analysis.
- Reserve Bank of India: Offers positions in policy research, monetary economics, and financial regulation.
- World Bank: Recruits for economic research, poverty alleviation, and development projects.
- OECD: Provides opportunities in global economic analysis, trade policy, and sustainable development.
- Federal Reserve Bank of New York: Offers internships and full-time roles in financial economics and monetary policy.
- Central Statistical Office (CSO): Hires for statistical analysis, national income estimation, and economic forecasting.
Sector-Wise Analysis
The placement trends across sectors show a diverse landscape of opportunities:
- IT/Software: Graduates find roles in business analytics, data science, and software development. Major recruiters include TCS, Accenture, and Microsoft.
- Finance: Banks and financial institutions like ICICI Bank, HSBC, and Goldman Sachs offer positions in risk management, credit analysis, and investment banking.
- Consulting: Firms such as McKinsey & Company, Deloitte, and PwC recruit for strategy consulting and economic research roles.
- Analytics: Companies like Bloomberg L.P. and Google hire economists for data analysis and predictive modeling.
- Public Sector: Government agencies like the Reserve Bank of India, World Bank, and CSO offer roles in policy research and statistical analysis.
Internship Season
The internship season begins in early spring and lasts until summer. Students receive stipends ranging from INR 30,000 to INR 60,000 per month, with some top-tier organizations offering up to INR 1,00,000 monthly.
Internship opportunities are facilitated through:
- Campus recruitment drives
- Industry partnerships
- Alumni networks
- Mentorship programs
- Online platforms and job portals
Students often receive multiple offers, allowing them to choose internships aligned with their interests and career goals.
Student Success Stories
Several graduates have excelled in their careers:
- Arjun Mehra (Goldman Sachs): Completed an internship at Goldman Sachs during his third year, working on credit risk assessment models. He received a full-time offer and is now a Financial Analyst in the investment banking division.
- Priya Gupta (McKinsey & Company): Joined McKinsey as part of a rotational program, focusing on evaluating the economic impact of digital transformation in retail sectors. She presented her findings at a regional conference and was subsequently offered a position in strategy consulting.
- Rohan Patel (Tata Consultancy Services): Interned with TCS on supply chain optimization for a multinational client. His project involved analyzing logistics data and recommending cost-saving measures that were implemented by the company’s operations team.