Banking &
Financial Sector Continues to Dominate Final Placements at IIM Indore
Another
Step Towards Excellence
Celebrating ten years in pursuit
of excellence as a management education centre, IIM Indore has truly
surfaced as an active hub of talent for a wide array of recruiters -
both Indian and international. This relatively young institute has achieved such
stupendous growth and recognition by inculcating in its participants a sense of
commitment as well as zeal to question status quo.
As a fast-emerging premiere
B-school of the country, IIM Indore has made yet another mark by completing the
Placement Process 2008 with panache! With over 95
companies registering for the process, 367
offers were showered over 173 students.
The average salary of accepted offers stood at INR 13.07
Lakhs per annum. The mean domestic salary has increased by more than
20% as compared to that of the previous year. For a batch with more than half
the participants with no prior work-experience, an average salary of accepted
offers surpassing INR 13 Lakhs per annum was a delight. The top 50 offers have
an average of nearly INR 18 Lakhs per annum with offers spanning diverse sectors
and roles.
The current placement season saw
a big leap in the number of participating companies. Procter & Gamble and
Edelweiss recruited during final placements from IIM Indore for the first time.
The impressive list of other first time recruiters included the likes of
Barclays Bank Plc, Tesco Plc, Arthur D. Little, Americorp Capital and OCBC Bank
Singapore.
Regular recruiters such as
McKinsey & Co., Deutsche Bank, Macquarie Bank, Accenture Business Consulting,
Lehman Brothers, Colgate Palmolive continued to strengthen their relationship
with IIM Indore.
The Batch of 2008 also saw two
students taking the road less traveled of initiating a business venture of their
own, as part time to start with. They have founded www.ourownbook.com -
an innovative website that provides visitors a chance to participate in a
collaborative book writing project, and get recognized as co-authors of the
final book published.
The phenomenal growth story of
placements at IIM Indore in terms of the quality of profiles offered as well as
compensation has continued unhindered against a backdrop of an increase in batch
size from 115 students of the Batch of 2007 to the current outgoing batch of
173. This re-affirms the faith of the corporate world in the capabilities of the
students of IIM Indore.
