Placements at the premium Indian Institute of Management at Ahmedabad take an upsurge during the current academic year 2016. According to the Indian placement reporting standards the salary packages of the current PGP batcch of the IIM Ahmedabad rose by 10% as compared to what they were in 2016.
Also the International salary packages for the final placements this year arise by 28.38%.
More than 125 firms have participated in the placement process in 2016 as against more than 130 firms last year including the lateral process.
The minimum domestic MEP increased to Rs 10 lakh from last year's Rs 6.5 lakh.The median MEP rose to rs 18 lakh from the last years Rs 16.8 lakh.
Business consulting domain once again emerged as the lead recruiter at total 118 offers where in Accenture strategy offered employment to 18 candidates.
The Boston consulting group the top recuiter in consulting made offers to 15 students this year too.
The other consulting gaints like A T Kearney, Bain and Company and McKisney and company extended seven offers each while EL offered employement to eight candidates.
Talking about the technology sector Amazon came up as a generous recruiter making 15 offers while samsung and latent view extended seven offers each.
In the finance domain the HSBC emerged as the top recruter by picking nine students for the roles in investment banking, corporate banking and prviate banking.
In general management firms, RIL was the top recruiter with eight offers.
After seeing the upward trend we hope the placement scenerio will prosper even more at IIM-A in the upcoming years and the institute will live upto its name.
This urge will in turn change the face of the falling job market in India and then contribute to the economic growth of the country.