Deutsche offers record Rs.1.44 Crore at IIM-A placements
Date: 22-Feb-2010
Gandhinagar: The second phase of the placement process at the Indian
Institute of Management-Ahmedabad (IIM-A) is going on well with over 20
offers made, and Deutsche bank setting the pace, with record offer of
Rs. 1.44 crore plus package.
IIM-A started its placement process on February 13 and so far,
companies have come to the campus under two clusters for the placements
which is likely to be a month-long process. Deloitte made 10 offers
(including lateral offers) for consulting roles while other regular
recruiters like TAS and Feedback ventures offered general management
and consulting roles and hired six students each.
According to a statement issued by the IIM-A, Indian investment banks,
corporate leadership programme and global fast-moving consumer goods
(FMCG) operations are among the several prominent cohorts constituting
cluster two.
Other recruiters on campus were Hindustan Unilever, Procter &
Gamble, American Express, Standard Chartered and Nestle. Apart from the
offers extended Sunday, Nestle is also in the process of exclusively
hiring IIM-A students for its International Management and Sales
Training Programme. This is the first time Nestle is offering this role
in India.
According to recruitment secretary, Himanshu Nema, "It is heartening to
see recruiters from a variety of sectors taking a liking to the new
cohort based process."
Meanwhile, the IIM-A announced a further delay in the declaration of CAT 2009 results to end of February.
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