With a batch hailing from diverse educational backgrounds – doctors, CAs, media, science and commerce graduates, and a few engineers, the recruiters had a vast talent pool to choose from. Daring to go beyond the lure of the lucre, the placements saw some students taking unconventional decisions to leave high-paying offers to take up their dream jobs or even to dive into the unknown by accepting new profiles.

This year, IIM Indore stepped up to the next level in job profiles. Recognizing the talent on offer, a host of new companies swooped down on campus offering a wide range of profiles. Even campus regulars came back with meatier roles, offering greater responsibilities.

“My groundwork would not have borne fruit without the kind of opportunities that were available in the booming placements of the institute”, said Ankur Bhajanka, who turned down a PPO from a leading Investment Bank to bag a dream offer with McKinsey & Co.,which was amongst the impressive list of new recruiters on campus this year. This included the likes of KPMG, Deloitte, Stern Stewart & Co., Goldman Sachs, Colgate- Palmolive, SAP and many more. Appendix 1
The new face of global business
With the world economy seeing a shift away from the West, there were lucrative job offers in China, Australia, Kuwait and possibilities of postings in Africa or Brazil with Olam International. The big name on campus was Kuwait-based Alghanim Industries with 7 offers. Their offer in „Sourcing. in China for US $67,000 is the first time a company has given an offer in China. This opens up a whole new avenue to a country that has, as yet, not quite looked at recruiting from premier B-Schools in India.

Macquarie Bank came back to campus with offers in Sydney, Australia and Chicago, USA, reaffirming their relationship with the Institute. Parvinder Singh, a high-flyer, who won multiple international contests during his stint at IIM Indore, had 10 offers to choose from. He spurned other higher-paying offers to join Reliance Industries with a profile in SEZ Venture Funding.

In line with the trend across batches, the average salary for lateral candidates was significantly higher than that offered for freshers. The average domestic salary for candidates with more than two years work experience was Rs. 11.28 lakhs. The average domestic salary for the rest of the candidates also crossed the Rs. 10 lakhs barrier for the first time this year. (*Average domestic salary in Rs Lakhs)

Sector-wise Offers
Consulting: 25 pc of the batch bagged top end consulting jobs. A clear indication of exceptional talent acknowledged by big names – McKinsey & Co., Accenture Business
Consulting, KPMG, Stern Stewart & Co, Deloitte, Aptivaa Consulting, PricewaterhouseCoopers, SAP and TSMG. Profiles on offer ranged from general and strategic consulting to financial consulting including Basel II implementation, „Economic Value-Added., business research for market development and entry strategy. The average domestic salary offered by consulting firms was Rs. 11.95 lakhs.

Sector Sector-wise accepted offers