To: Mohan Marette who wrote (10307 ) 12/25/1999 12:31:00 PM From: Mohan Marette Read Replies (1) | Respond to of 12475
œ100,000 offer for IIM student Nikhila Natarajan in Bangalore Jumping the placement queue at the prestigious Indian Institute Management (Bangalore), a 24-year-old student has hit paydirt by signing up with international consulting firm MMG, London, for an annual salary of œ100,000, including stock option. "We've never seen such a starting pay check in the Indian Institutes of Management or any other Indian management institute until now," IIM (B) placement officer G K Nagaraj told Business Standard. The student, Saurabh Singh, a chartered accountant from Calcutta specialising in finance and management systems, was recruited by MMG at the annual placement exercise at the London Business School where he went on an exchange programme. "London Business School is very bullish on Indians and they encourage us to be a part of their placement programme. The general perception is that we have the best analytical skills," Singh told Business Standard. It is only because IIM (B) has a tieup with London Business IIM student School that I got this fabulous deal," he said. Singh, who will graduate in the summer of 2000, chose to sign on the dotted lines after assessing equally juicy offers from BCG, Salomon Smith Barney, Stern Stewart (EVA Consultants) and the Parthenon Group. Meanwhile, pre-placement activity is hotting up to unprecedented levels at the IIM (B) campus. Corporate chiefs have started visiting the campus for pre-placement talks to get a headstart over other companies in the February finale. Chairman of Hindustan Lever Ltd K L Dadiseth will step into IIM (B) on January 12 to make his pitch for the best brains; Lehmann Brothers and ICICI are others among the 120-to-140 companies slotted for the pre-placement talks.Looking ahead, Rishikesha T Krishnan, IIM (B) placement chairperson says: "The engineering-plus-IIM mix will really see a boom because companies increasingly want techno-savvy and business-savvy managers."(bs)