Tech graduates of IIT Kharagpur have already endeared themselves to the recruiters. Now, the B-school graduates on the campus have proved their worth.

Vantage 2008, the annual recruitment programme of Vinod Gupta School of Management (VGSOM) at IIT Kharagpur, was wrapped up faster than ever. “It took Day Zero and a quarter of Day I for all 121 students to be placed,” said an official.

Graduates from VGSOM, for the first time in the institute’s 15-year history, also found takers beyond the border. “This is the first batch to get international offers with locations in the US and Singapore,” said Kunal Nagar, a second-year student of VGSOM.

The average international salary on offer is $70,000 per annum, the highest being $80,000 per annum.

Though the highest international package for VGSOM graduates was a good $250,000 short of their counterparts at the Indian Institute of Management (IIM) Calcutta — the other leading B-school in the region — the authorities were happy.

“The fact that our students are getting international offers is a vindication that we can produce global managers,” said an official.

Fifty-five companies from sectors including consulting, finance and information technology made over 160 offers to the students.

There has been a 30 per cent rise in the average compensation levels — the highest domestic compensation being Rs 18 lakh per annum and the domestic average Rs 11.44 lakh.

Thirty per cent of the students had received pre-placement offers from companies like Barclays Capital (Singapore), A&J Consulting (USA), Citigroup, Ernst & Young and PricewaterhouseCoopers. Consulting companies accounted for 18 per cent of the offers and the banking and finance sector for 16 per cent.

Companies like ITC, Vodafone, Heinz, Bombay Dyeing and Reliance ADAG lapped up marketing graduates from the campus. “There was also a rise in the number of students opting for sunrise sectors like realty and retail,” said Nagar.