Saturday, September 29, 2007

IIM-A`s 2008 batch bags 79 pre-placement offers

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The placement season has begun early at the Indian Institute of Management, Ahmedabad (IIM-A).

With five months still to go before the placement day, pre-placement offers have begun to pour in for the batch of 2008 at IIM-A. There have been a total of 79 offers so far with nine students being extended associate offers.

Also, in a new move, the institute is allowing exchange students from other countries to sit for placements.

Top consulting firms like McKinsey and Co, and Bain and Co along with others in the investment banking industry, such as Goldman Sachs and Deutsche Bank, have extended fulltime offers to students who interned there.

Diane Gabriel, an exchange student at IIM-A, said, “As a French IIM-A-ESSEC dual-degree student, I intend to sit for placement at IIM-A because it offers great professional opportunities both in India and abroad. The companies that come to the campus are among the world’s best and the roles that they offer are as diverse and challenging as they come.”

Last year, 11 students decided to become entrepreneurs and not sit for placements. The trend is set to repeat this year.

Kunal Upadhyay, who heads the Centre for Innovation, Incubation and Entrepreneurship (CIIE) at IIM-A, said, “In recent times, the focus of students has risen above PPOs, job offers etc to start their own ventures.”

To encourage the trend, IIM-A is providing such students with the option of coming back to IIM-A for placements within two years after graduation.

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