IIM-C student bagged Rs. 1.6 Crore offer
Indian Institute of Management is the top management institute of India. All aspiring candidates want to take admission in that. There are many reason for students to take admission in one of the IIMs like their teaching methods, case study, practical exposure, infrastructure, faculty and many more. But one thing makes it more special and important is placement or we can say a good professional opportunities for all students.
Every year IIM students creates history in getting the best pay offers from Indian companies and form abroad also. This year also the IIM-Calcutta tops the chart of getting the best offer till so far. Indian Institute of Management-Calcutta (IIM-C) has turned out to be
the first choice of recruiters with the best pay packets in this year's campus placements.
One of its students has bagged a record $350,000 (Rs 1.6 crore) offer from a global investment bank based in South East Asia and two more have been offered packages of over Rs 1 crore in this placement session. According to one source the IIM-C got the 91 slot-zero offers which mean the largest firms offers the best salaries to the students. IIM-Bangalore, the second best, is way behind with 64 offers, and IIM-Ahmedabad students got 50 offers during the first two days of placements based on the newly introduced 'cohort system'. These figures exclude pre-placement offers.
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The three in the crore-plus group will join as associates of investment banks in London and Singapore. There were initial indications that IIM-Ahmedabad had bagged the highest offer of Rs 1.44 crore, while IIM-Bangalore's best pay packet was Rs 1.14 crore this year. Later, sources in IIM-C confirmed that one of its students has bagged the highest offer — a staggering Rs 1.6 crore a year. This is not all in the glory of IIM-C for this year. The highest domestic package is also bagged by an IIM-C student is more than Rs 60 lakh annually for an I-bank's Mumbai office. The officials want to keep the names and the figures of salary under the cover.
The IIM-C placement process kicked off on Saturday, with financial big brands and global consulting firms opening the account. UBS, the Swiss investment bank, hired exclusively from IIM-C. Temasek Holdings, the investment arm of the Singapore government, drew the largest number of its recruits from IIM-C compared to other B-schools in the country. So did Oliver Wyman, a US-based consulting firm, which hired IIM-C students for its offices in New York, London, Singapore and Dubai.
Source: Manisha Verma (Team Shiksha)
Date: 10th March, 2010
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