Downunder at IIMs! Australian Bank Makes Offer at IIM Indore
Game, Set and Match... IIM Indore Final Placements 2006

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The media bandwagon was led by Astro Malaysia, which recruited 5 participants, who would be working on key areas like Joint Ventures, Strategic Alliances and Mergers & Acquisitions.

The icing on the cake came in the form of Irevna. The 4 offers on hand included postings in their London and New York offices. This reiterates the confidence of business houses that view IIM Indore as an institute strong in diverse fields offering a holistic learning experience.

The Scoreboard

The overall average CTC increased from Rs. 8.16 lakhs per annum in 2005 to Rs. 8.50 lakhs per annum this year. The average salary offered for lateral candidates also saw a 10% increase from last year to Rs. 9.0 lakhs per annum. The average accepted domestic CTC was 8.20 lakhs per annum, which for a batch with 55 per cent participants without work-experience, is a phenomenal figure in today’s world of competitive salaries across sectors.

The highest domestic salary offered was 12.5 lakhs per annum, while the highest international salary was equivalent to 32 lakhs per annum offered by OLAM International Ltd. Many companies had to revise their compensation packages upwards to match the talent pool available and to align themselves with expectations of the participants.

Only 55 of the 80 companies planned could be accommodated as the entire batch was not only placed, but the participants were already holding their dream jobs as well - a fact reflected in the number of offers held by a participant. The number of companies, who were intent to participate in the placement process, rose by 40% to 80. The competition was not only amongst the participants who were fighting for profiles and jobs, but also between the companies who had to fight it out for an appropriate slot based on the rankings by the entire batch.

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