Foreign Placements losing their sheen for IIM

Many opting out of the placement rituals to start their own ventures

Ahmedabad: An increasing number of the Indian Institute of Management, Ahmedabad, Students are preferring to work in India overcoming the fascination to go abroad or are opting out of the placement rituals to start their own ventures.

The final placements of the current batch of the IIM-A two-years post graduate programme, which completed on Monday evening, saw 124 national and international companies, 14 more than last year’s 110 companies, recruiting all the 224 students in the first two days after 11 opted out of the placements or rejected offers to start their own ventures.

As high as 72 per cent of the students have accepted offers to work in India, while only 63 students of the total 235 have accepted international placements –13 per cent would be in the United Kingdom and 8 per cent in the United States. In the placements last year, six students had opted out to start their own ventures. There were 11 students who rejected international offers in preference to working in India.

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Foreign Placements losing their sheen for IIM