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IIM-A sees jump in salary offers, consulting beats finance sector.

AHMEDABAD: In a major departure in the recruitment pattern, consulting firms took over the finance sector to emerge as the largest recruiter at



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IIM-Ahmedabad campus placements that saw average salaries improve over last year, but lag those offered in the boom year 2008.

Finance sector companies came a close second with 27 offers in the placements wherein consulting firms took the lead with 29 offers. Interestingly, in 2009, despite the global financial meltdown, finance sector continued to be the highest recruiter lapping up 39 students, as against 24 picked up by the consulting firms.

The average domestic salaries improved to Rs 14.94 lakh this year as against Rs 12.17 lakh in 2009, but stayed below the 2008 levels of Rs 17.85 lakh. Average international salary stood at $1,10,750, an improvement over last year’s figure of $83,000, but below $1.22 lakh offered in 2008.

The institute, on Monday, announced placing 280 students from the flagship management programme (PGP) through four placement clusters, held over four weekends. In all, 110 firms participated in laterals and final placement process at the IIM-A.

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Mr.Dixit