It's yet another feather in IIM Calcutta's cap! The premier B-School has created 100% placement record on the first day, a statement from the institute said on Feb 10. According to the IIM release, 15 per cent of the batch received more than one offer. Also, 50 per cent of offers were from the consulting (29 per cent) and finance (21 per cent) sectors. In all, 123 companies from diverse sectors participated in the placement process for the 54th batch of the institute's flagship Post-Graduate Programme in Management (PGP) with 441 students and made 501 jobs offers.
Reputed consulting firms like AT Kearney, Bain & Co, The Boston Consulting Group and McKinsey & Co made offers in double digits. Other prominent names included EY-Parthenon, Alvarez & Marsal and PwC. Accenture was the largest recruiter with 24 offers accepted. New-age companies in e-commerce, operations and product management also attracted a fair chunk (16 per cent) of the class of 2019 with 68 offers accepted. New-age companies in e-commerce, operations and product management also attracted a fair chunk (16 per cent) of the class of 2019 with 68 offers accepted. Major finance recruiters like Goldman Sachs, Bank of America Merrill Lynch, CitiBank, JP Morgan Chase, Deutsche Bank and Avendus also joined the placement process. Amazon, Uber, Udaan, Media.Net, Flipkart, Microsoft and Salesforce were some of the top names among recruiters.
What are the average and median salary packages at IIM Calcutta this year?
The average CTC (cost to the company) was Rs 25.36 lakh and the median Rs 23.5 lakh, marking an increase of Rs 1.16 lakh and Rs 1.5 lakh, respectively.
A large number of students were hired in general management (14 per cent), sales and marketing (12 per cent) and IT-analytics (8 per cent) by big names like Aditya Birla Group, Mahindra, Wipro and Hindustan Unilever.