The excess of the financial industry- more than $200K starting salaries

Three IIM-A students bag Rs 1 crore pre-placement offers - The Economic Times: "In the last two months, three students of IIM-A have bagged Rs 1 crore-plus pre-placement offers (PPO) each from financial institutions. While two offers have been made by Deutsche Bank for their Singapore and London offices, one is from Barclays in Hong Kong. IIM-A sources said one of the offers is the highest PPO ever offered on the campus. Companies offer PPO to a student based on his performance during the summer placement.

Sources on IIM-A's placement committee said the PPOs have come at a time when everyone at campus feared that the economic gloom would be reflected in the financial sector. "

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