IIM grads prefer domestic offers to international ones

Even though students across IIMs this year got good international offers, unlike last year, from firms in Europe, Singapore, Hong Kong, U.S and Australia, they have preferred to take domestic over international ones. Better career prospects in India, because of the booming economy, are the main reason.

For example, in IIM-Bangalore, 15 students accepted international offers, and same number of students turned down global placements. Talking to The Times of India, Sapna Agarwal, Head of Career Development Service, IIM-B said, "We don't have data on the number of students opting out of international ones. But this time maybe 15 students accepted domestic offers over international ones."

An IIM-B student, who didn't want to be named, was offered a consulting role in the UK, but he opted for a domestic offer from a general management company which is yet to declare his position. "India is a more happening place than anywhere else.

These IIM graduates believe that the future is India. "One always gets to travel abroad and work there. The learning there can be implemented here," said a student.

An IIT-Bombay student, Aditya, who got the offer from one of the leading I-banks where he would have been placed in NY, London, Hong Kong or Singapore, he preferred to stay in India looking at a long-term career in India. "I didn't want to settle abroad," said he.