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IIM-Bangalore students bag plum placements

It is party time at Indian Institute of Management (Bangalore) with one of its students bagging a $ 1,93,000 (Rs 86.36 lakh) London-based job offer, the highest an IIM graduate ever got.

Published on: Mar 14, 2006, 12:50:00 IST
None | By , Bangalore
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It is party time at Indian Institute of Management (Bangalore) with one of its students bagging a $ 1,93,000 (Rs 86.36 lakh) London-based job offer, the highest an IIM graduate ever got.

To add to the joy, another student of the institute has been placed with a Rs 30 lakh pa job with RPG Enterprises, the highest a fresher ever got for an India-based assignment. Gaurav Agarwal, an IIT-K (Kanpur) alumnus, graduating from IIM-B, received an offer to join as an “associate” with Barclays Capital in London at $ 1,93,000, IIMB Placement Committee sources said.

The offer was the highest one ever made to an IIM graduate, they added. Describing the offer as an “amazing opportunity”, Agarwal attributed it to “the economy, probably because the banks are focusing more on the emerging markets and are looking towards India to recruit at lateral positions”.

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