IIMs gear up for record placement

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IIM Lucknow grads gear up to rake in the moolah

IIM Lucknow grads gear up to rake in the moolah At IIM Lucknow, its the year of the windfall. With 48 pre-placement offers (PPOs) already in their bag and another 17 pre-placement interviews (PPIs) in the pipeline, every fourth student here is already sitting on a job offer. The class of 2007 has laid the grounds for a splendid placement week, which would be held early March with pre-placement talks currently in the final stages. A number of PPOs and PPIs have already come in based on the performance of the current second year batch in their summer internships. So far over

More then one Crore Pre Placement offers for IIMs

Campus recruitment in India has reached a new milestones with IIMs are churning out crorepatis for the first time. Two students graduating from IIM Calcutta this year have secured pre-placement offers of $250,000, or Rs 1.12 crore, a year from a leading investment bank for its New York desk, while a third student bagged a £120,000 (Rs 1.03 crore) package for the London desk of another investment bank. IIM Ahmedabad, which completed its slot zero placements for the class of ‘07 on Friday, saw the highest salary touch $225,000 (Rs 1.01 crore). This was a cool $40,000 more than last year’s

Another crorepati at IIM-C as Slot Zero ends

Another crorepati at IIM-C as Slot Zero ends The Indian Institute of Management Calcutta (IIM-C) continued its record-breaking streak as the second day of Slot Zero ended Sunday, with 74 students accepting offers including two with the highest foreign salary ($250,000). Close on the heels of its record showing at the pre-placement offers (PPOs) earlier this month at which three students bagged foreign offers in excess of Rs 1 crore, Slot Zero saw another student bagging a crore-plus offer, taking the total number of `crorepatis to four. Also, all these begin a notch up the ladder as associates. The IIM-C said

Placement Fees at IIMs likely to be hike by 25%

IIMs to raise their Placement Fees this season by approx. 25% Rising costs, service tax and recognition of their own increased brand value has prompted most Indian Institutes of Management (IIMs) to raise placement fees this season-- in some cases like IIM Kozhikode’s-- even up to 25 per cent. IIM Ahmedabad, in fact, has increased its placement fee this year after four years. It will charge all the companies a participation fee, which it was not charging so far. Around Rs 1.5 lakh will be charged to all the companies across different slots. “We have not increased our fee because of the service tax but because our brand

Want IIM students, pay more placement fees

Want IIM students, pay more placement fees Thanks to service tax, corporates will now have to spend more money to hire management students from these premier institutes. IIMs are planning, and in some cases have decided, to hike their placement fees this academic year. While IIM Lucknow has already hiked the fee, IIM Kozhikode has decided to increase the same by 25 per cent. IIM Bangalore, too, would increase its fee by 12.2 per cent if forced to pay the service tax and IIM Calcutta also does not rule out an increase in placement fees or fees for its full-time MBA