Deutsche offers Rs.1.44 Crore at IIM-A placements

Deutsche offers Rs.1.44 Crore at IIM-A placements

Gandhinagar: The second phase of the placement process at the Indian Institute of Management-Ahmedabad (IIM-A) is going on well with over 20 offers made, and Deutsche bank setting the pace, with record offer of Rs. 1.44 crore plus package, reports Economic Times.

IIM-A started its placement process on February 13 and so far, companies have come to the campus under two clusters for the placements which is likely to be a month-long process. Deloitte made 10 offers (including lateral offers) for consulting roles while other regular recruiters like TAS and Feedback ventures offered general management and consulting roles and hired six students each.


According to a statement issued by the IIM-A, Indian investment banks, corporate leadership programme and global fast-moving consumer goods (FMCG) operations are among the several prominent cohorts constituting cluster two.

Other recruiters on campus were Hindustan Unilever, Procter & Gamble, American Express, Standard Chartered and Nestle. Apart from the offers extended Sunday, Nestle is also in the process of exclusively hiring IIM-A students for its International Management and Sales Training Programme. This is the first time Nestle is offering this role in India.

According to recruitment secretary, Himanshu Nema, "It is heartening to see recruiters from a variety of sectors taking a liking to the new cohort based process."

Meanwhile, the IIM-A announced a further delay in the declaration of CAT 2009 results to end of February.

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