The summer placement season in business schools has begun and recruiters are offering 15% to 20% higher salaries this year.
XLRI Jamshedpur completed its summer placement in three days and New Delhi-based Indian Institute of Foreign Trade (IIFT) finished the process within four days.
The International Management Institute (IMI) in New Delhi also has done with the process. As many as 50 students of the 2015-17 batch have bagged pre-placement offers, up 37 from last year.
The average salary package at the institute has risen 15% this year, similar to that at IIFT and Birla Institute of Management and Technology in Greater Noida.
Summer placements are a precursor to final campus placements and are indicative of the jobs environment in the country.