The amount of hype that surrounds IIM in the nation is not unknown. The colleges are not only known to have the toughest entrance exams but also the employment drives in which students walk away with the finest packages.
In IIM-Indore, one student whose name is withheld has landed a job offer of Rs 34 Lakhs per annum. The student belonged to PGP 2011-13 batch, the spokesperson for IIM-Indore said. That is absolute gold right there with almost Rs 3 Lakhs per month in his account without tax deductions.
In the employment drive conducted by 142 firms, over 432 students were placed by the campus placements each of them finding a job that pays Rs 12.1 lakh per annum on average.
Interestingly, most jobs were bagged in either sales or management fields.