It was the middle of the month of September - a very pleasant time to be in Indore. Life was moving on at its usual busy-leisurely pace for the residents of the city. But not inside the campus of one of the nation's most exalted learning place - Indian Institute of Management, Indore. It was time for recruitment process for summer trainings of the newly joined first year batch for the Post Graduate Program. There was frantic activity everywhere with the companies buzzing in every moment and the students piling out of one Interview session and moving on to the GD session of another. Notes on GD topics, the panels and the interview questions were hurriedly exchanged and voila, off for the next venture.

The summer placements in the 5-year old IIM Indore has always been very respectable and this year was no exception with almost all the big names of India Inc. turning up to recruit the bright talents for their summers. The companies, like ICICI Bank, Citibank, came with a mindset to recruit a few - went back taking a large number; reflective of the caliber of the students and the company's satisfaction levels about the performance of summer trainees of previous batches and the institute's 3-year old alumni.

The heavyweights visiting the campus included the banks like Citibank, ICICI Bank, Standard Chartered Bank, UTI Bank and IDBI Bank, the FMCG leader Hindustan Lever Ltd. and other greats like Marico Industries, the paints giant Asian Paints, Britannia, Pepsi and Coca-Cola from the foods and beverages, the automobile leaders like Ashok Leyland and Eicher Motors, and GE Capital International Services from the services sector. All the sectors were well represented with Ranbaxy and Wockhardt from the burgeoning pharmaceutical sector, Larsen & Toubro, Madura Coats and H&R Johnson from the manufacturing world and AF Ferguson offering consultancy projects. The latest doyen of the Indian industry - IT services had a significant presence with the industry leaders like Tata Consultancy Services, Wipro Ltd., CSC India visiting the campus. For the first time in the history of the institute, a NGO, BASIX offered a summer project to one of the students. Companies as diverse as the RPG group to the telecom companies like Bharti Telenet, Escotel Mobile to public sector behemoths like ISRO, IRCTC participated in the summer placement process.

A sum total of 31 companies turned up to recruit the 58 first year students and as many as 67 offers were made. ICICI Bank led the way with as many as 7 offers followed closely by other banks like Standard Chartered with 5 offers and Citibank and IDBI Bank with 4 each. The stipends were hefty having an average of Rs. 10,000 per month and reaching upto Rs. 20,000 per month.

Sector wise break-up:

The strong presence of the companies in the campus underlines the rapid growth of the institute in the 5 years and its commitment to provide best-in-class education to its dedicated pool of students. The companies were impressed by the hospitality and the state-of-the-art infrastructure of the institute and their overwhelming participation confirms their bright perception of the institute and lays the foundations for a strong recruiter-institute relationship to continue for long in future.

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