Banking and finance accounted for 29 per cent of the total offers accepted. IT and IT enabled services were the second most preferred sectors with 25 per cent of the students accepting offers from companies in the sector.
The FMCG which traditionally has been one of the most favoured sectors among B-school graduates could only attract 17 per cent of them.
Nearly 16 per cent of the young managers accepted offers from areas of general management and other fields like telecom, pharmaceuticals, healthcare and human resources.
Business consulting, usually considered to be the highest paying sector accounted for 13 per cent of the offers accepted by the B-school graduates.
"The high level of campus recruitment by the banking and financial services companies is an indication of the high growth that this sector is witnessing," said Assocham president, Mahendra K. Sanghi.
According to Assocham, the acceptance of jobs in the financial services sector had increased by 45 per cent compared to last year while the number of students going to the FMCG sector fell by 22 per cent.
The Assocham study tracks the placement process of ten institutes across the country including Indian Institute of Management Ahmedabad, IIM Indore, IIM Khozikode, Faculty of Management Studies, Delhi, XLRI Jamshedpur, Jamnalal Bajaj Institute of Management Studies, IIT School of Management, Mumbai, SP Jain Institute of Management and Research, Symbiosis Institute of Business Management and IMT Ghaziabad.
The financial services sector did particularly well at IIM-A with almost 41 per cent of the students opting for it. Nearly 20 per cent of the students preferred consulting outfits like AT Kearney, Boston Consulting Group, and Bain & Co.
The preference at IIM Indore was vastly different as 38 per cent of the fresh graduates choosing the IT sector and just 18 per cent opting for banking and financial services.
For the second successive year, a large chunk of students from XLRI Jamshedpur joined the financial services sector, followed by IT, FMCG and consulting.