IIM A, B, C Students Placed With Salary Packages Of Over 1 Crore!

The IIMs have shown excellent placement records so far with most of the students being places within a week of the commencement of placements. Not just that, the highest package offered so far is more than a whooping crore!

The placement scene in IIMs A, B, C were most encouraging with students from these schools bagging record offers of more than a crore. A student of IIM C bagged the highest offer of Rs. 1.65 crore followed by an IIM A student who was offered Rs.1.44 crore and an IIM B student who bagged Rs. 1.14 crore

IIM-Bangalore showed 100% placement in just five days and also had a 41% increase in slot zero placements. Its chief recruiters were Mckinsey, Bain & Company, AT Kearney, Boston Consulting Group, Nomura, and Temasek Holdings. The percentage of different sectors offering jobs were 27% from the banking, financial services and insurance (BFSI) sector, 20% from the information technology and systems, 12% from the marketing segment and 22% from consulting. The highest salary package of course was Rs.1.14 crore.

IIM Calcutta is having an excellent run with a record highest pay package of Rs.1.65 bagged by its student. Almost 410 students have been offered jobs at the Indian School of Business (ISB), which offered packages of around Rs 90-95 lakh. Key recruiters were from the Investment banking and consulting sectors. Investment banking companies included Goldman Sachs, JP Morgan, and McKinsey. From the consulting sector, BCG and Bain Capital offered the best jobs. There were some big IT recruiters as well including Cognizant, Accenture, IBM and Infosys. Other big recruiters were Pepsi and Hindustan Unilever. The highest domestic pay package too is more than a handsome Rs.60 lakh p.a. The average domestic pay package is between Rs. 16-17 lakhs. The institute has already placed 260 students in four days and is expected to place the remaining students by today.

IIM Kozhikode also recorded 100% placement in 2 weeks. The top recruiters were from the manufacturing, consulting, and banking sectors with the consulting sector recruiting 30% of the 300 students. The average salary package is Rs 14 lakh p.a which is 24% more than last year. The highest salary package offered is Rs 50 lakh per year which again is up by 46% since last year.

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