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.

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