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Our Bureau

Bangalore , Dec. 1

THE Class of 2006 at the Indian Institute of Management, Bangalore, has created history of sorts with 43 students out of 163 getting overseas offers for summer placements.

According to a release by the institute, this is the highest across all IIMs in the country. Some of the companies that have made offers are Goldman Sachs, Lehman Brothers, HSBC, Barclays Capital and Deutsche Bank in various locations across the world.

This year, consulting companies have made a comeback on campus with KPMG, Cap Gemini, Ernst & Young, PricewaterhouseCoopers and Accenture participating in summer recruitments. Technofast Consulting made a debut at the institute and made six overseas offers for internships.

Other participating companies are IBM (18 offers), ICICI (16 offers), HLL (10), Cognizant (nine) and Citibank (six).

The stipend offered varies between Rs 6,000 and Rs 75,000 per month, while for overseas offers it is $7,000 per month.

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