India’s first corporate-sponsored Business School, International Management Institute (IMI) had its entire batch of 118 students of the class of 2006 getting job offers within hours from the scheduled start of 9th January 2006.
With average salary of Rs. 6,37,482 per annum, the highest salary offer was of Rs 8.13 lacs per annum by ITC. Companies like Citi Group and Infosys offered a package of Rs 6.5 lacs to Rs 7.2 lacs per annum. The Citigroup (Citibank, Citicorp, Citifinancial) jointly made 20 offers, emerging as the single largest recruiter for the second consecutive year. Infosys with 9 offers and JP Morgan Chase with 7 offers were the other prominent recruiters.
Other recruiters included Ernst & Young, JP Morgan Chase, DHL, CB Richard Ellis, Progeon, Career Launcher, DSCL, HCL, IMRB, RocSearch, SAB Miller, Axis Risk Consultants and Newgen.
The other emerging sector – Insurance was represented by ICICI Lombard, Prudential and IFFCO Tokio. CEAT, Blowplast and JK Group represented the consumer durable segment, whereas DHL and TNT‘s presence indicated the growth of the logistics sector. The India Today Group, Radio Mirchi, ABP Ltd and Dish TV represented media while Maruti and Tata Motors represented the automobile segment. The knowledge sector was represented by McKinsey Knowledge Center, Pipal Research, Pulsar Knowledge Center among others.