An IIM Indore student has been offered an annual package of ₹63.45 lakh to work abroad, which is the highest during the final placement this year.
“The package was offered by a foreign firm for a job abroad,” an Indian Institute of Management (IIM) spokesman said on Monday without disclosing the name of the candidate and the company.
The highest package offered for a placement in the country stood at ₹33.04 lakh, he said.
The average annual package offered to the IIM students this year was ₹18.17 lakh, which is 12% more than the previous year.
More than 200 foreign and domestic companies have shown interest in offering placements to 624 students of the IIM-I, he said.
According to the spokesman, a bulk of 27% offers came for placements in the finance sector, followed by 24% in the consulting and strategy sector.
“A total of 624 students including 443 of the post-graduate programme (PGP), 113 of the Integrated Programme in Management (IPM), and 68 of the PGP programme on Mumbai campus took part in the placement,” he added.