The Indian Institute of Management, Indore has claimed to have achieved 100 per cent placement for its 10th graduating batch (2009).

"Despite the global downturn, placements at IIM Indore have showcased the wide acceptability of its students by the corporate world. Foreign offers have seen a substantial jump with several organisations recruiting exclusively from the institute," chairman of the placements, Professor Prashant Salwan, said on Thursday.

Regular recruiters such as Deutsche Bank, HSBC Global Research, Standard Chartered Bank, Axis Bank, Yes Bank [Get Quote], FuturesFirst, Johnson and Johnson, ITC, Deloitte Innovation, Knightfrank, Larsen and Toubro, Jindal Steel and Power Corporation, Infosys [Get Quote] and CTS among others continued their relationship with the institute this year also, it said.

Besides them, new recruiters like UTI Mutual Fund, Mahindra and Mahindra, Virgin Mobile, Unicorn Securities, Eli Lilly and Infrasoft Technologies also took part in the placements, it said.

Public Sector Undertakings like Bank of Baroda [Get Quote], Union Bank of India [Get Quote], SAIL [Get Quote], Sebi, IOCL and BPCL [Get Quote] also recruited students for senior management roles, the release said.

Financial services continued to dominate in terms of the number of offers as nearly 50 per cent of the offers came from this sector, it said.