Premier management institute IIM (Indian Institute of Management) Calcutta has secured 100 per cent placement for its 441 PGP programme, with students taking home an average salary of 25.36 lakh per annum, an increase of 1.16 lakh from the last year. Accenture was the largest recruiter with a total of 24 offers accepted. IIM-Calcutta, in a statement, said a total of “123 companies took part in the placement process and made a total of 501 offers, which translated into 15 per cent of the batch receiving more than one offer”.
Around half of the students enrolled in the programme accepted offers in consulting (29 per cent) and finance (21 per cent) sectors, said the institute. Around 14 per cent of students were hired in general management; 12 per cent sales and marketing; and 8 per cent in IT-analytics. The institute revealed the companies that took part in the campus placement include Goldman Sachs, Bank of America Merrill Lynch (BAML), Citi, JP Morgan Chase, Deutsche Bank and Avendus, AT Kearney, Bain & Co., The Boston Consulting Group, and McKinsey & Co, EY-Parthenon, Alvarez & Marsal and PwC amongst others.
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.
“At IIM Calcutta, we were not worried about 100 per cent placement. We focused on our preparation and learning. A hard-working student can easily secure an offer of choice,” a student told IANS.