Excelan in IIM Indore for Campus Placement


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HIGHLIGHTS

Final Placements 2009 at IIM Indore saw a batch

of 175 candidates securing preferred jobs in

various sectors

126 organizations participated in Final

Placements 2009 - 56% of them were first time

recruiters at IIM Indore

Average annual compensation stood at INR

10.29L

Nearly 50% of the class of 2009 were placed in

the finance function with roles in I-Banking,Private Equity, Project Finance, Micro Banking,

Corporate Finance and Derivatives Trading

Recruiters came from diverse sectors such as

Manufacturing, IT/ITeS, FMCG, Banking &

Financial Institutions, Media, Travel & Tourism,

Infrastructure, Healthcare and Pharmaceuticals,

Education and allied services as well as Energy

45% increase in international assignments over

those offered in Final Placements 2008

Candidates with prior work experience

registered a raise of 166% in annual

compensation

The successful completion of Final Placements 2009

for the tenth graduating PGDM batch at IIM Indore was

a testimony to the faith reposed by the corporateworld in IIM Indore.

Due to the economic slowdown there has been a

concerted effort towards reaching out to a wider base

of organizations.

Mentoring by faculty and alumni has helped

participants to proactively plan their future. Chairman,

Placement Committee, Professor Prashant Salwan says

At IIM Indore, we encourage our candidates to think

long-term and to continuously seek out foropportunities for growth undeterred by business

cycles.


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Statistics

No of Participating Recruiters 126

No of New Recruiters 71

Average Annual Compensation 10.29L

Highest Annual Compensation 63L

Total Number of Offers 214

Number of Offers per Student 1.27

P

lacements2009

67

95126

2007 2008 2009

Number of

Companies

No of Companies

The number of partner firms which participated in Final Placements 2009

stood at 126, a substantial increase from last years figure of 95. Of these,

nearly 56% were newly established partnerships which also accounted for

the bulk of the hiring.

Among continuing partnerships, major recruiters who visited campus inFinal Placements 2009 were Deutsche Bank, HSBC, Standard Chartered,

Deloitte, Infosys Technologies, Knight Frank, ITC, Johnson & Johnson,

Pfizer, GSK Pharma, L&T, Bharti, HT Media, AT Foods and Godrej.

Several new corporate partnerships were initiated this season with firms

across sectors. The infrastructure and manufacturing sector saw a large

number of such relationships being established with firms such as Punj

Llyod, Jindal Steel, Bosch, Jindal South West, Indofil Chemicals

Company, Mahindra & Mahindra, Grasim etc. Financial institutions like

CARE Ratings, SBI Capital, Unicon Investments and UTI Mutual Fund alsooffered a variety of roles. A few other important newly established

partnerships were with firms such as Manipal Group, Indebo, Renoir

Consulting, VIP Industries, Virgin Mobile, Eli Lilly & Co., Infrasoft

Technologies, One97 Communications, Kelloggs and Amul. Several firms

also recruited exclusively at IIM Indore for various global and Indian

locations.

Final Placements 2009 also witnessed candidates accepting a range of

profiles across various Public Sector Undertakings such as BPCL, SAIL,

ONGC, IOCL, Bank of Baroda and Union Bank of India.

Amongst start-ups which participated in Final Placements 2009 at IIM Indore

were Excelan Consultancy, The Colour Factory, Direct-I, Resurgent India

and Bizzsource.

Recruiting Partners

We, at Deloitte

Innovation, have a

rigorous selection

process to identify high-

calibre candidates with

shared core values and

niche skills; I can vouch

for the talent we have

picked from IIM Indore

over the years. This is

why we keep returning

to Indore each year.

Satish Iyengar, Manager,

Deloitte Innovation


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The Finance function saw approximately 50% of the Class of 2009

securing offers in various profiles in Final Placements 2009.

Recruiters in the Banking and Financial services included

Multinational & Indian Banking majors, Credit Rating Agencies,

Derivatives Trading firms, Broking, Asset Management,

Investment Banking and Private Equity firms. Various niche

profiles were on offer in Final Placements 2009 for example, financial

consulting, private equity advisory, front-end I-banking. The

coveted buy-side analyst profiles were included too. The average

annual compensation offered in this function was INR 9.27L.

Other prominent firms that offered lucrative roles were Deutsche

Bank, Yes Bank, Standard Chartered, HSBC Global Research, Axis

Bank, Bank of Baroda, Union Bank of India , UTI Mutual Fund,

ICRA, SEBI, L&T, CTS and Jindal South West.

The Sales/Marketing and Business Development function saw25% of the Class of 2009 being selected across a range of sectors

such as FMCG, IT/ITeS, Energy, Media, Telecom and

Pharmaceuticals. The average annual compensation offered in this

function was INR 13.44L.

16 participants from the Class of 2009 will join top FMCGs like

Hindustan Unilever, Colgate Palmolive, Marico, Dabur, ITC and

AT Foods. 50% of the international offers were made to candidates

in IT/ITeS for Sales & Business Development with job-postings

around the globe. Some candidates opted for unconventional fields ininternational Online Marketing. Firms like GSK Pharma, Eli Lilly,

and Pfizer etc represented the growing Pharmaceuticals sector

with roles in brand management, sales and business development.

Finance

S&MandBusiness

Dev

Profiles on OfferPlacements2009

25

13

14

21

18

12

22

20

25

32

49

49

Comparison of Profiles Accepted

2007-2009

Consulting & Corporate Strategy

General Management/Operations/Systems

Sales and Marketing

Financial Services

2007

2008

2009

Third consecutive Placement Season at IIM

Indore saw the Finance function dominating the

total offers

50% of international postings are in S&M and

Business development profiles

49%

14%

12%

25%

Offers Accepted

Profile wise

2009

Finance

Consulting & Corporate Strategy

General

Management/Operations/Systems

S&M and Business Development


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Partner Recruiters

43%

4%6%5%9%

13%

9% 1%

6%1%

3%

Offers Accepted

Sector wise

2009

BFSI Diversified

Education Energy

FMCG I.T.

Infrastructure Media

Pharma Telecom

Others

The Consulting and Corporate Strategy function saw nearly 15% of

the Class of 2009 securing offers in various organizations. Average

annual compensation offered for this profile was approximately INR

10L.

Organizations such as Punj Llyod, Infrasoft Technologies, Grasim,

Larsen & Toubro offered positions in the area of strategy as

Executive Assistants to CXOs. The Jindal Lead Management Group

profile offered by the Jindal Group was well received by the

candidates. A large Indian conglomerate offered strategy positions to

work closely with a leading management consultancy firm for creating

an aggressive growth program for the organization. Other recruiters

who offered strategy roles came from sectors such as Education,

Healthcare, Infrastructure, Manufacturing, FMCG and Media. Business

Advisory and consulting roles were offered in areas such as Real

Estate, Financial Services, Professional Services, IT/ITeS, Life

Sciences etc. Firms that participated this season with business

advisory roles on offer were McKinsey & Co., Arthur D. Little, PwC,

Deloitte, Renoir Consulting, Knight Frank, IBM & i2 Technologies.

The General Management and Operations function had a large

demand for managerial talent in Final Placements 2009. Firms like

Bosch,IMS, TIME, HT Media, Big 92.7 FM and Era Group offered

General Management roles with an average annual compensation of

INR 8.5L.

Kelloggs, Maersk Logistics, Amul, Gati and Nerolac Paints were

those that offered challenging roles in the Operations function.

Consu

lting&CorporateSt

rategy

GeneralM

gmt&Ops

Profiles on OfferPlacements2009

Several new recruiters offered Strategy,

General Management & Operations profiles

Manufacturing, Education, Healthcare and

Media sectors were important recruiters

offering Strategy and General Management

profiles

12.6 12.6 129.2

15

9.84 8.48

13.4410.63 9.27

Consulting &

CorporateStrategy

General

Management &Operations

S&M and Business

Development

Systems Finance

Average Salary by profile

2008 2009


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With rich diversity in the Class of 2009 , IIM Indore had the additional

challenge of finding fitting roles for candidates with significant industry

exposure, ranging to twelve years. They were placed across sectors such as

defence, financial services, information technology, manufacturing, healthcare,

infrastructure, hospitality etc.

While an average annual compensation of INR 9.65L was on offer tocandidates with no prior experience, candidates with prior experience

received an average annual compensation ofINR 10.67L.

Lateral participants benefited most from the placement process this season

with candidates realizing an average raise in annual compensation of nearly

166% over that drawn prior to joining PGP at IIM Indore. One of the

candidates with more than five years experience with government

establishments was placed in a front-end I-Banking role with a seven-fold

increase in annual compensation.

IIM Indore Final Placements 2009 offered candidates the opportunity to opt

for a variety of career shifts. A doctor with prior international exposure

graduated with a dream-consulting role in healthcare and life sciences, a

scientist from a defence organization was offered the opportunity with a

major player in the medical equipment market.

IIM Indore has proved to be a robust platform for providing ample

opportunities for suitable career progression in fields like IT/ITeS and

Financial services. The most experienced candidate in the current batch was

able to leverage his prior experience by being suitably inducted into a seniormanagement position in the micro-finance arena by a large Indian MNC

conglomerate.

Opportunities GalorePlacements2009

Class of 2009 with 0 to 12 years of prior

experience have found jobs of choice

166% raise in annual compensation for laterals

Immense opportunities for career shifts and

career progression

As a first time recruiter at

IIM Indore, we were amazed

by the diversity of profiles

that we got to interact with.

We intend to engage with

the institute over various

other mutually rewarding

channels of engagement in

the coming times to

strengthen this relationship

further.

Mr. R. Mishra

Executive Vice President

Indofil Chemicals

Company


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Emerging TrendsPlacements2009

The focus having shifted from salaries and incentives to challenging roles,

candidates chose job profiles with demanding assignments in rural India as

well as locations such as London, Toronto, Cologne, Cairo, Dubai and

Singapore at the other end.

In Final Placements 2009, average annual compensation offered on campus

stood at INR 10.29L which is a 21% decline over that offered in Final

Placements 2008. The median annual compensation offered in Final

Placement 2009 was INR 9L as against INR 10.5L in the previous season.

Despite the global economic slowdown, Final Placement 2009 at IIM Indore

saw an increase of 45% in foreign postings and foreign assignments in

comparison to the previous year. About 50% of foreign assignments were

from IT/ITeS sector.

Several candidates opted to join start-ups this season with equity stakes and

senior positions of responsibility in functions such as business

development, general management, sales and marketing. Another interesting

trend was the increased enthusiasm towards entrepreneurial ventures.

Following the successful venture by two IIM Indore candidates (founders of

www.ourownbook.com) from the Class of 2008, two candidates from IIM

Indore Class of 2009 have signed out from Final Placements 2009 to pursue

their dreams of starting entrepreneurial ventures in the sunrise education

sector.

41% increase in the highest salary offered in Final

Placement 2009 over that in the previous season

Increasing interest towards joining start-ups and

entrepreneurial ventures at IIM Indore

45% increase in foreign assignments at IIM Indore

100.0

126.7

179.1

2007 2008 2009

Highest AnnualCompensation

(Indexed)

2007-2009

Highest Compensation

100.0

120.2

94.4

2007 2008 2009

Average Annual

Compensation

(Indexed)

2007-2009

Average Compensation
http://www.ourownbook.com/http://www.ourownbook.com/


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The Class of 2010 is all set to build upon the legacy of diversity and excellence set by the

batch of 2009. The eleventh Batch of Post Graduate Participants at IIM Indore is rich and

varied in work experience, with nearly 45% participants having 20 months or more of

professional experience. Candidates with exemplary experience in fields like journalism,

theoretical sciences, medicine, accountancy, IT services, consultancy etc are part of the

Class of 2010. A direct impact of this would be the creation of a meaningful participative

learning environment at IIM Indore.

Overall the faith instilled in the managerial talent at IIM Indore by the corporate world in

the current trying times has been reassuring. Consolidating its position as a premier

institute in the field of management education, it is IIM Indores earnest attempt to provide

its candidates a fine platform upon which they can build rewarding careers in management

functions in a wide range of organizations.

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Excelan in IIM Indore for Campus Placement

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