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Corporate India Swooped Down on IIM Indore for Final Placements And then there were none.... That in a nutshell summed up placements for the batch of 2005 at IIM Indore. Corporate India swooped down on the portals of one of India's premier business schools and walked off with the crème de la crème of the country's future business leaders. So much so, that with an average of 1.8 offers per student at the end of Day 0, placements never got to see Day 1. Placements 2005 was distinguished by the participation of companies from a wide range of industry sectors, a 66% increase in the number of recruiters, veritable downpour of lateral offers and a 20% increase in the average salary. The Lateral Factor The batch of 2005 at IIM Indore was rich on experience with almost 80% of them vying for lucrative lateral placement offers. Most of the candidates possessed relevant experience in sectors of their choice, culminating in 93 lateral offers of which 67 were finally accepted. Most of these offers went hand in hand with commensurate increases in pay packages. Around 10% of the batch had prized Pre-Placement Offers from top-notch organizations like HLL, Standard Chartered Bank, GE, Wipro Technologies, Patni Computer Systems and Asian Paints. 5% of the batch also had prior international exposure, which provided a definite fillip to their final placement efforts. Recruiters Galore The list of recruiters at IIM Indore resembled a virtual who's who of India Inc. Apart from the regular recruiters like Standard Chartered Bank, PepsiCo, ICICI Bank, Asian Paints, IBM, Wipro and Infosys Technologies, this season also saw relationships developing with ITC, Deutsche Bank, JP Morgan, Covansys, GSK, Accenture, Satyam, CitiFinancial, Mahindra British Telecom, EXL Services, Kotak Group and Sony Entertainment Television. All recruiters expressed extreme satisfaction with the smooth conduct of the placement process and left the campus with firm commitments to be back next year.
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