Global firms snap up IIM-B school grads

Of the 260 graduates, 256 appeared for the placement, while four opted out to become entrepreneurs in the choice of their field. About 120 global and Indian firms flocked to the B-school for snapping up the brightest.

 

As a policy, the management did not disclose the compensation offered or the range in which it was fixed. But there was a significant increase in the average domestic salary compared to the last year.

 

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"Since last year, we have decided not to reveal the package offered, who got what and how. If compensation figures are mentioned by other IIMs, it is their choice. Here, we are not aware which company has offered what pay packet and to whom," IIM-B faculty member (placement) Sourav Mukherjee told reporters at the campus.

 

On the very first day of the placement drive (March 4), the entire batch was placed, with about 50 percent of them (133) getting lucrative offers from slot zero firms, making the entire process the fastest ever placement in the school.

 

The total number of slot zero offers increased to 32 and IIM-B students were recruited for diverse profiles and geographies.

 

Interestingly, only 25 per cent of the students opted for overseas locations, while the remaining 75 per cent preferred to work in India. Location on offer were London, New York, Boston, Shanghai, Bangkok, Hong Kong, Florida, Dubai, Amsterdam, Sydney and Melbourne.