IIM student from UK prefers India job

Jann Gabriel wants to stay on in India. A student of Essex University, she had come to India to study at the Indian Institute of Management, Ahmedabad. With that being over, she's decided to take up a job offer in India rather than go back. Jann's decision is probably owing to the effect of the recession in the US and European markets that has led to massive job cuts.

But there has been an 11 per cent hike in the number of placements in Asia Pacific region for IIM Ahmedabad graduates this year. And Jann says she's taken the right decision. ''Business environment here is very different than what I have seen in Europe. I think it is the right moment to be in India,'' said Jann Gabriel, IIM Graduate.

At the placement this year there were 100 companies, who opted for a total of 225 students. The highest pay offered by an international company was Rs 1.5 crores. Indian companies have offered up to Rs 70 lakhs. But surprisingly 19 per cent graduates opted for jobs in the financial institutions. IIM officials say that the global economic slowdown has had no impact on the placements. ''There is an increased acceptance of students in Asia pacific region compared to Europe and US indicating balance of economic power shifting from West to the East,'' said Samir Barua, Director, IIM, Ahmedabad That's good news for IIM students and Jann is happy to have got the offer.

It is a matter of pride that there are such distinguished educational institutions in India. And I was glad to see that India is now regarded as a strong economic power. This news is from NDTV 24x7 through my DirecTV connection.