IIM Placement Concludes With Hefty Packages

New Delhi: This year, the final placement session of the most IIM’s has come to end with hefty packages being offered by renowned firms to students. Also, the number of offers has gone up from last year with an increase in average salary.

IIM-Kozhikode has witnessed the total number of offers go up to 305 from 265 last year (the number of offers per company rose to 3.37 from 2.66 in 2010). IIM-Calcutta saw slot zero offers going up to 139 from last year's 90. Similarly, IIM Indore, which wrapped up its placements last month, saw number of offers increase to 241 this year, from 235 in the previous year. Similarly, IIM Indore, which wrapped up its placements last month, saw number of offers increase to 241 this year, from 235 in the previous year.

According to IIMs it is the generally buoyancy in the Indian economic scenario that has pushed up the number of offers this year. Prof Amit Dhiman, IIM-C placements chairman has said that it’s not only that jobs have increased in huge numbers across the industry, but within the industry, some sectors are doing better than others. Sectors that expect to grow faster in the coming years are hiring more people. Similarly, some companies that have aggressive expansion plans in the coming fiscal have in large numbers from the institutes. He added that this has pushed up the overall job offers at the institute.

Moreover, as per sources, his claims are supported by the latest findings of some job surveys. The Indian economy is expected to create a large number of jobs this year, as reflected in a study by HR solutions firm Manpower. The employments outlook for the April-June period revealed one of the strongest intentions to hire among Indian employers. According to the survey, more than 50% of the employers expect an increase in their employee headcount in the coming quarter, as compared to 36% during the same period last year.