IIM Indore completes placements; financial sector top recruiter

Add Review

MBAUniverse.com News Desk |
July 26, 2016
The Indian Institute of Management Indore today achieved 100 percent placements for the Batch of 2009.

The placement process for the 10th graduating batch of the institute with 175 students saw offers across traditional sectors like financial services, consulting, FMCG etc. as well as sunshine sectors like power and energy, media, pharmaceuticals, education, telecom etc.

Regular recruiters such as Deutsche Bank, HSBC Global Research, Standard Chartered Bank, Axis Bank, Yes Bank, FuturesFirst, Johnson & Johnson, ITC, Deloitte Innovation, Knightfrank, Larsen & Toubro, Jindal Steel & Power Corporation, Infosys, CTS etc. continued their relationship with the institute.

IIM Indore says it has expanded its corporate relationships in a big way, which resulted in many new companies participating in Final Placements. New recruiters on campus included UTI Mutual Fund, Mahindra and Mahindra, Virgin Mobile, Unicon Securities, Eli Lilly, Infrasoft Technologies etc.

Public Sector Undertakings like Bank of Baroda, Union Bank of India, SAIL, SEBI, IOCL and BPCL also participated and recruited students for senior management roles across functions.

Financial Services continued to dominate in terms of the number of offers. This was due to the participation by leading MNC and Indian Banks, Public Sector Banks, Credit Rating Agencies, Insurance, Trading, Broking and Financial Services firms. Like previous years nearly 50% of the offers came from financial services firms. 

Prof Prashant Salwan, Chairman of Placements said, “Despite the global downturn, placements at IIM Indore have showcased the wide acceptability of its students by the corporate world. Foreign offers have seen a substantial jump with several organizations recruiting exclusively from IIM Indore. We have tried to ensure that every student secures an offer in the sector of his choice with no compromise on the role being offered.”

IIM Indore did not give out specific salary figures.