Approximately 40 % of graduates chose financial services and banking sector over marketing, operations or general management jobs.
At IIM-A, put together, financial services jobs accounted for almost 45% of jobs accepted. Consulting sector lured a high 31% of IIM-A graduates. Some of the major recruiter from the sector included Goldman Sachs, Lehman Brothers, Morgan Stanley, JP Morgan, Merrill Lynch amongst others. Twelve students choose to join private equity players like Carlyle Group.

At IIM-C, a large 34% of the batch opted for jobs in the financial sector.

And thats a big jump! The trend cuts across majority of leading B-schools. Graduates in many institutes have in fact got even higher salary increases.

In the last few weeks, all six Indian Institute of Management (IIMs) have decided to raise the fees for their Post Graduate Programme (PGP), albeit with varying degrees. Other B-schools of repute too are increasing their fees. MBAUniverse.com presents a review of the new fees scenario.

This is the first of its kind in the country where three Business Schools together offer a Ph.D programme. These institutes are: School of Business Management, NMIMS University, Mumbai, T.A.Pai Management Institute, Manipal and Xavier Institute of Management & Entrepreneurship, Bangalore.

The comprehensive report analyses final placement trends from Top 20 B-schools including all IIMs, ISB, XLRI, MDI, JBIMS and others. The report estimates that across these B-schools, the average salary offered has increased by a heft 20-22%.

Magsaysay Awardee Dr. Kiran Bedi, IPS (Retd.) presided over the convocation. On the occasion the Dr. Bedi, gave away the awards and medals to the meritorious students of LBSIM. The successful candidates were also conferred their degrees and and diplomas during ceremony.

The competition was held in Mumbai on March 29, 2008.

According to information shared by JBIMS with MBAUniverse.com, The local rounds began in September and the team will now move on to the regional round (Asia Pac region) scheduled to take place on April 12, 2008 where it will compete with the winners from Singapore, Indonesia and Hong Kong. The other regions include Europe, New York and North America. The top 5 winners will then compete in New York on May 1, 2008.

On the occasion Mr. Arun Maira, Chairman, Boston Consulting Group (India), will inspire the graduating batch of IIM-C with his convocation address.According to IIM C, 371 candidates have completed their programmes successfully and will be awarded diplomas and fellowships.

Prof Shekhar Chaudhuri, Director of IIM-C, will also present the Annual Report of IIM-C.The convocation will be declared open by theMr Ajit Balakrishnan, CEO Rediff.com and the Chairman of IIM-C Board of Governors.

the Board of Governors of IIM Indore has decided to appoint Prof Tapan Panda, Professor of Marketing at IIM Indore as the officiating Director of the IIM-I. He will take over this position from April 5, 2008 till the appointment of the new director of IIM Indore.