IIM Indore placements 2007

You feel each day moves very slow (depending on where you are), but net-net, time just scoots. I can't believe it's been a year since I passed out of the 'hill', or 'Planet-I', as we call our alma-mater. On the other hand, the placement report this year makes me feel I passed out a full 5 years back.

For those who didn't read the report in EconomicTimes and IBN Live, here goes the excerpts of Final placements 2007.

I'm just putting in the excerpts here, while the full report will be uploaded here (shortly I suppose).

1. A total of 329 offers were made to 115 students of the eighth batch, which included 12 international offers and an average salary of Rs 12 lakhs per annum, an increase of 45 per cent over last year
2. Out of the 67 companies that participated in the placement process, 29 took part for the first time. On an average, 2.8 jobs were offered per student
3. In the IT sector, besides Oracle, Capgemini, Headstrong, Cognizant, IBM, Tech Mahindra and Covansys - Infosys also came back to the campus with an international offer of US Dollar 110,000 per annum
4. This year saw IIM Indore’s placements take the stage among the big league of consulting profiles - McKinsey, Accenture Business Consulting, KPMG, Stern Stewart & Co, Deloitte Consulting, Aptivaa Consulting, Price-Waterhouse Coopers, SAP Labs
5. Global giants Lehman Brothers, Goldman Sachs, Deutsche Bank, Ocwen Financial, Bank of America, HSBC, Citigroup, Standard Chartered and JP Morgan along with domestic majors SBI, UTI and new-comers YES Bank were vying for the best students on campus
6. New entrants Alghanim Industries with international retail profiles and Colgate Palmolive in FMCG were accompanied by established names like Asian Paints, ITC, Reliance, Dabur, Astro MEASAT among others. The pay packages saw a high of US$67,000 internationally and an unprecedented Rs.18 lakhs per annum domestic
   

Apart from the reporting jump in salaries, it's gladdening that the big daddy of consulting - McKinsey is in, in addition to Accenture Biz Consulting. McKinsey coming in per-se isn't all that big a deal. It's the time they've taken to visit the campus. IIM-I has pulled them in for the 8th batch that's passing out, which is probably a record of sorts.

Heartening to see the institute grow in jumps, leaps and bounds.

My previous posts on IIM-I placements:
IIM Indore placements 2006
IIM Indore placements 2005