A Singapore-based infrastructure advisory firm has recruited an IIM-Indore's student on an annual package of Rs. 53 lakh.

“This international offering was made to a student of a 2010-2012 batch while a leading European investment bank has offered an annual package of Rs. 32 lakh to another student,” a spokesman of IIM-Indore said here on Tuesday without revealing the identity of the companies and the students. A total of 443 students completed IIM's flagship Post Graduate Programme in 2010-2012, out of which 434 got the jobs in different sectors.

This year, 138 companies participated in the placement process, he said.

Last year, the maximum package offered to an IIM-Indore student was Rs. 32 lakh per annum.

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