With over fifty top Indian companies and MNC’s participating, a plethora of “live” projects were on offer across varied domains. Companies from all sectors and functional areas like Investment Banking, Consulting, FMCG, Retail Banking, Insurance, Derivative Trading, Pharma, Manufacturing, Automobile, Advertising, IT, ITeS etc, were present, which enabled the students to choose their summer projects in the area of their preference.
Twenty seven new companies were on campus this year, including Cognizant, Edelweiss Capital, Johnson & Johnson, Ocwen Financial Solutions, Reliance Industries Ltd, L’Oréal, Dr Reddy’s and Whirlpool. Cognizant and Max New York Life, extended 6 offers each, the highest across companies this year. Past recruiters like Ernst & Young, Capgemini, ITC, Asian Paints, Marico Industries, GE Money, GECIS (GENPACT), ICICI Bank, The Murugappa Group, Aditya Birla Group (BMC) also made a large number of offers.
The highest stipend offered was Rs. 30000/- per month while the average stipend was Rs. 15000/- per month. The companies, made an average of 3.4 offers each, ensuring that Summers 2006 set a scorching pace, with the entire process drawing to a close within 4 days.
Around 25% of the senior batch landed up with pre-placements offers or intents. Earlier this year, IIM K students also won the best project awards at companies like Wipro, GENPACT (erstwhile GECIS), Godrej and Patni.