In Placement 2004, Finance & Banking made a strong comeback where 28% of the batch in IIMs was placed in this sector.

Riding on the global recovery in IT spending, IT placements also showed the recovery with 29% of the batch in IIMs got placed in IT.

After continuous decline for two years, consulting again showed some sign of revival with 10.5% of batch getting placed in Consulting.

Highest Indian Salary was offered at ISB, Hyderabad with an offer of Rs. 20.55 Lakhs made.

At ISB, Highest salary was Rs 20.55 lakh but average salary was just Rs 9.05 lakh indicating a large no of batch getting placed at sub 9 lak level. ISB annual fee is around 11 lakh.

Highest Overseas Salary being claimed by ISB Hyderabad - US $ 151,768.

IIMA justifies claims of being a Global Brand as the no. of overseas offers made at IIMA exceeded those made in any B-school in India.

Over 20% of IIMA batch was placed overseas reflecting an increase in the number of foreign offers from 39 in 2003 to 45 in 2004.

Some International Companies such as the Amex SPG, Goldman Sachs, Merrill Lynch and Morgan Stanley recruit only from this institute.

IT related services and Finance/ Banking Sector claimed most students from IIMs, while students at other top schools went for Marketing/ FMCG in a big way.

Marked rise in Salaries offered this year from last year.

Engineers forming most of the passing-out batches in all Business schools, followed closely by Commerce graduates.

Increased options for students as sectors such as Insurance, BPO, Shipping and Holiday Services appeared for recruitment.

Freshers still comprising maximum portion of mgmt students, in contrast with Ivy League Business schools abroad.

XLRI Campus Placement Process Goes Online.

DMS-IT Delhi, TAPMI-Manipal, whose full time MBA programmes started few years back, emerging as creditable B-Schools.

CAT Scam & ongoing controversy between IIMs & MHRD failed to create any dent in the placements at IIMs.