IIM packed at 39 Lakh highest package
| Education Jagat - 01 Apr 2017

Students studying in well-known institutes always expect for good placements as well as big package. There is always a competition among the institutes for attaining better placements. This year in the race, IIM Indore was fortunate to grab the highest pay among all. IIM Indore scored the highest placement package with an offer of 39 Lakh Rupees. Students of IIM Indore grabbed the opportunity of better package along with better companies. With an increment of 28% in the Pre-placement package offer, the largest batch of IIM Indore completed its final placement. The highest package offered was 39 Lakh whereas the minimum offer was of 16.23 Lakh. Improvement of 22% rate in package can be seen in comparison to previous year. 
There were total number of 611 students involved in placement, out of which 449 students were from 2 years Post Graduate Program in Management, 100 students were of 5 years Integrated Program in Management. Along with them 62 students were from 2 years PGP course Mumbai. 
Rishikesh T. Krishnan, Director of IIM Indore says that the placement result was really unexpected, seeing the economic situation of our country. The faculty and the students did hard work for the placement. It was a challenge for both the students and the teachers. But, students took interest and prepared themselves as per the demand. Team work resulted in good offers and here is the overall outcome which is praise worthy. 
These were the major companies:
More than 200 companies came for placement. 74 companies visited the Indore for the first time. Most of the job offers were from the Domestic Industries whereas the placement was mostly finalized by Banking Industries. Such placement companies were Axis Bank, FIS, Global, HDFC, HSBC, ICICI Bank, Indus Valley Partners, Kotak Mahindra Bank, Royal Bank of Scotland, SBI. Apart from this the new companies which came for placement were Apollo Munich, Apollo Pharmacy, Etos, Averi Denison, Feedback Infra, FIS Global, GMR Group, ICICI Securities, Panasonic, Sri Ram Wealth Advisors, Sunderam BNP Paribas, Tech Mahindra, Vedanta and VF Corporation.

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