The Institute of Management at Nirma University (IMNU) saw the highest  salary offered at Rs10 lakh per annum and average salary of around Rs8 lakh per annum as the  first phase of placement for batch 2010-12 started on Friday. So far, around 20 companies from different across India visited the campus.

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The first phase of placement saw participation of companies from sectors like IT/ITES, automobile, pharmaceuticals, market research, financial services and consumer durables, recruiting 130 students.

The second phase of the campus placements will start next week. At IMNU, relations with the corporate world are nurtured and inputs related to the course content and new concepts are invited through various forums like management conclaves and HR conclaves. These initiatives have been well accepted in the corporate arena and have received appreciation from the student's community as well.

IMNU's strong alumni network eases the task, which was very evident this year as many alumni returned to their alma mater to recruit new graduates.