The salaries have shot up this time with multiple offers crossing Rs. 1 crore mark. The highest offer so far on campus has been Rs. 1.36 crore made by an international investment bank. Recruitment coordinators said they are expecting 18-22% hike over last year’s salary figures. Students have also received offers from firms like Goldman Sachs, Morgan Stanley, Lehman Brothers, JP Morgan and ING, Merrill Lynch and Credit Suisse.

The recruitment process saw 153 offers being made in the lateral placements, which are for students with work experience. Adding the 90 pre-placement offers (PPOs), the IIMC reported a total of over 240 offers for the 290 students before the final placement process began. The PPOs are bagged by students as a result of their performance during summer internships.

Prof SD Moitra, chairperson of the placement committee, said: “The long term relationship that we have nurtured with Companies has meant that recruitment at IIMC has always been exceptional.”

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