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Gaurav Raghuvanshi

Companies have not taken too kindly to details about job offers spilling out.

It is something companies are most sensitive about. It is something that most people are most inquisitive about.

And, it is something that is most difficult not to be excited about. With the placement season in full swing at IIM-A it has been raining top-dollar salaries for the students.

But exuberance has caused embarrassment for some students as companies have not taken too kindly to details about job offers spilling out of the institute's confines.

Some of the Day Zero recruiters at IIM-A are learnt to have sent out stern warnings to students and the institute that salary details should not be leaked. The students have, in fact, been questioned on their ability to maintain confidentiality, something that is sacrosanct in the corporate world.

IIM-A has sent out an official clarification that the placement details spilling out in the media "are not based on facts" and are "purely speculative". There is considerable dismay among the students as well.

Messages expressing chagrin are pouring in on the internal blog of the institute. "I got a call on my mobile from this reporter and he bluntly asked me if I was accepting the job offer from HSBC," wrote a student who was shocked to find details of her job offer with the media.

Earlier, one of the students who got the highest domestic placement through the lateral route had gone on television talking about his salary. It took the Director's office to issue a gag notice to the student. But by then, the damage had already been done.

While it is understandable that the management fraternity and aspirants would be extremely curious to find out how much moolah is being handed to IIM-A students, the institute feels that such leaks in the beginning of the placement process may queer the pitch for the rest of the batch. Day Zero, which lasts about 36 hours, has the top-of-the-line companies, as selected by the students, conducting campus recruitment.

Nearly one fourth of the batch gets placed on Day Zero itself and the top salaries are rarely bettered by companies coming on subsequent days. Day Zero is also the most tense time for the graduating batch. That is why students boasting about their pay packets to their peers is understandable. But exuberance comes at a price — that is the lesson learnt by the big cats as they step into the real world.

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