IIM-Indore Student Recruited At Annual Pay Rs.53Lk

A Singapore based infrastructure advisory firm has recruited an IIM-Indore's student on an annual package of Rs.53 lakh. A spokesperson from IIM-Indore on revealing the identity of the companies and the students told “This international offering was made to a student of a 2010-2012 batch while a leading European investment bank has offered an annual package of Rs.32 lakh to another student”.

He also said “A total of 443 students completed IIM's flagship Post Graduate Programme (PGP) in 2010-12, out of which 434 got the jobs in different sectors. This year a total of 11138 companies participated in the placement process”.

However, as per the records, last year the maximum package offered to an IIM-Indore student was Rs.32 lakh per annum.