The month of February has always proved to be a happy time for the students of IIM Indore and this year was no exception. The atmosphere was charged with expectations and excitement, tinged with a touch of apprehension over the economic downturn spilling over from the last year. But the placement process proved the initial fears unfounded as it took only a matter of two days to place the entire batch. A handful of PPO's offered to the students after their successful stint at summer training and a few lateral placements further boosted the process. The eagerness and satisfaction of the companies in participating in the recruitment process only goes on to exemplify the confidence and ability of the students of the institute, poised on the verge of joining the corporate world.

A total of 41 companies registered for the placement process at IIM Indore. However some companies couldn't be accommodated due to the non-availability of students at their allotted time. A total of 64 jobs were offered to the students in the process. The prominent recruiters in campus included ICICI Bank, Infosys, PepsiCo India and Asian Paints. Infosys led the way with 8 offers with HCL technologies coming a close second with 7 offers followed by Pepsi with 5. The highest salary was Rs. 12 lakhs and the average salary offered to the students was Rs. 5.64 lakhs.

The sector-wise breakup was as follows: -

Marketing: The marketing companies made the maximum number of offers. The marketing majors like Asian Paints, PepsiCo India, Marico, Madura Coats etc. offered marketing as well as finance jobs to the students. Other companies offering marketing jobs were Welspun, Airtel, Larsen & Toubro, TELCO and Eicher Motors.

Banking and Financial Services: The banking institutions were led by ICICI with 3 offers. The other big banks like HSBC, Citibank and Standard Chartered each gave 1 offer. Other banks on campus were UTI Bank and Global Trust Bank. GE Capital offered jobs in finance and services with a total of 3 offers including PPOs. The Aditya Birla Group recruited for Financial Services.

Systems: The IT bandwagon this year was led by Infosys that offered job to 8 students. HCL technologies offered 7 and the others like TCS, PCS and Blue Star Infotech lapped up around 32% of the students participating in the process.

General Management: The other companies on Campus were pharma major- Torrent, Aditya Birla Group and Oil majors IOCL, BPCL and HPCL, Ingersoll Rand, Impetus Technologies and Wockhardt.

The curriculum structure followed at IIM Indore has also ensured that the companies return to IIM Indore. The curriculum includes the Experiential Learning (EL) programme, which provides an opportunity to the students to be associated with a company during their first year. This unique experience helps students relate theories learnt within the walls of the classrooms to actual problems encountered in the workplace and leaves them with a rich experience of the corporate world. Added to it, the modular approach of learning aids the students to synthesize and consolidate learning from various subjects and widens their ambit of knowledge.

Looking into the future, IIM Indore is shifting to its own campus situated on a plateau near Pithampur on the Agra-Bombay road. With an increased batch strength and better interaction and association with the industries, next year does augur well with the students waiting in anticipation of even brighter days.

List of Companies participating in Final Placements 2003:

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