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The Finishing line for IIM-K Placements...
Day 2, mid-afternoon, and the entire batch of 2001 is placed in organisations whose list reads like the who's who of the corporate world! A total of 75 offers were made from 33 organisations for a batch of 57 students. Average pay touched a whoopping 6.14 p.a. and the highest offer made on campus was of 14.5 lakhs p.a.
Among the companies who made offers were consultancies such as, Arthur Anderson, A.F. Ferguson, Kale Consultants; Banks/Financial services companies such as, GE Caps, HSBC, Banque Nationale de Paris, Citibank, HDFC; Marketing majors such as, HLL, Asian Paints, Marico, Godrej Soaps; and IT firms such as Ramco, HCL Infosystems, Polaris & SAP Labs. The list goes on & on ….
Class of 2001
Alan Greenspan's been doing things to the US economy, they say. National growth forecasts have begun to drip of pessimism, it appears. So, the placements honeymoon has ended for B-Schools, right?
Put into context, placement week of the third batch at IIMK has not disappointed. 97% of the batch, placed on the First Day itself. Average salaries crossing 6 lakhs excluding ESOP's offered by many of the IT firms. 71 offers made to 55 students (out of 57 students) on the first day alone alone. There is only so much that statistics can capture. Like the waves of elation fluttering through the student community even as we type these words. Rarely does a single event of a few hours capture in all its entirety so much joy, amazement and euphoria as IIMK has seen in the past few hours. It has been a remarkable day for the fledgling B-School. IIMK has finally come of age.
Among companies whose offers were accepted were HSBC, Citibank, Arthur Anderson, GE Caps, Banque Nationale de Paris, HLL, Asian Paints and Ramco, HCL Infosystems. Meanwhile, the placement process is still on, though there aren't many people laying bets on its longevity.Click here to know about the companies that have participated at Placements 2001
Click here to read about Lateral placements at IIMK
Click here to read analysis of Placements 2001 at IIMK ( function wise and Industry wise)
It has been a grand show so far. As the postings by the MBA students and alumni in the "Placement 2001 forum discussion" indicates, MBA community has heaved a big sigh of relief after learning that placements will be as good as last year.
The mood at IIMK campus is full of joy.
Click here to Debate on latest trends of Placements 2001 as the saga unfolds itself.
Read complete story of Placement 2000 as it happened along with analysis and comparison across the B-Schools and segment-wise analysis.
Read about the pre placement scenario from our archives