Indore (Madhya Pradesh): 84 students, this year, from the coveted Indian Institute of Management (IIM), Indore opted for financial sector courses which in return almost doubled the domestic salary offered to them by 360 offers.

This is in contrast to the fact that last year IT Graduates received the highest pay packages including an $110,000 offer made by an IT Company at the institute.

"Being a fresher and getting a buy side profile was completely unexpected", said a student who was tapped in by an investment bank.

The average salary in the financial sector stood up by Rs.14 lakh, up by 35% as compared to the last year.

Recruiters hiring imaginative students from different IIM campuses this year include: Standard Chartered, Chartered Bank, TSMG, Aditiya Birla Group, KPMG, PricewaterhouseCoopers, Ernst & Young, Headstrong Consulting, Cap Gemini, Yes Bank, Infosys, Cognizant, IBM, Hinduja and Essar, E&Y Dubai, Lehman Brothers, Barclays, Deloitte, Citibank, HCL Technologies and Unitech to name a few.