One in four job offers at IIM Calcutta pays over ₹41.8 lakh per annum
IIM Calcuttarecords its highest ever average starting salary at ₹28 lakh this placement season.
- As many as 136 companies visited the campus this year, extending 492 offers.
- Of the total of 439 students, nearly 43 graduates secured job offers with an annual compensation of ₹54.5 lakh.
- One in four offers that were rolled out this year received the starting salaries at ₹41.8 lakh per annum.
The placement season brought cheer to the students of top management institute — Indian Institute of Management (IIM) Calcutta. The institute has recorded its highest ever average starting salary at ₹28 lakh this placement season. Of the total of 439 students, nearly 43 graduates secured job offers with an annual compensation of ₹54.5 lakh.
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In fact, one in four offers that were rolled out this year received the starting salaries at ₹41.8 lakh per annum.
As many as 136 companies visited the campus this year, extending 492 offers.
“I congratulate our graduating students on receiving such coveted employment offers. These demonstrate the high value of the education imparted at IIM Calcutta and our students' remarkable skills and capabilities,” said Professor Anju Seth, director at IIM Calcutta.
IIM-C joins IIM-A, XLRI and MDI securing maximum offers from the consulting sector
Consulting firms emerged as the largest recruiters at IIM Calcutta, making up for over 30% of the offers. The top recruiters include Boston Consulting Group (BCG), McKinsey & Co, which also rolled out as many as 50 offers at IIM Ahmedabad.
“Introduction of Superset has made our processes even more transparent and efficient. We remain committed to providing better outcomes for our students and recruiters through policy and process changes,” added Abhishek Goel, chairperson CDPO at IIM Calcutta.
Other top recruiters were Bain & Co., Kearney, PricewaterhouseCoopers (PwC) and Accenture.
This has become a common trend across B-schools. XLRI also attracted the highest number of offers from the consulting domain at 26%, this year. Global multinationals KPMG and PwC were the top most recruiters, rolling out the highest number of offers. This simply mirrored last year’s trend wherein Boston Consulting Group was the leading recruiter. On the other hand, more than half (57%) of the offers at MDI came from companies in the consulting sector.
Finance, General Management, Sales and Marketing
IIM Calcutta students received 83 job offers from PE firms and other finance companies — accounting for 17% of the total offers. General management and sales and marketing roles added up to 30% of the total offers. These offers came from Aditya Birla Group, Mahindra & Mahindra, Reliance, Vedanta, TrueNorth, Hindustan Unilever, Colgate-Palmolive, ITC, Mondelez, and FIITJEE.
Recruiters hiring for finance roles were Bank of America Merrill Lynch, Barclays, Goldman Sachs, Arga Investment Management, Gaja Capital and JP Morgan Chase.
AdvertisementIn addition to this, 22% of overall offers were rolled out in product management, analytics and operations. Top recruiters included Microsoft, Google, Salesforce, Amazon, Flipkart, Udaan, EXL Service, American Express, HCL, UnitedHealth Group (Optum) and Mastercard.
India’s best minds from IIM Ahmedabad, XLRI are heading to consulting firms
XLRI students bag domestic and international job offers with salaries over ₹50 lakh
Indian B-schools are beating the slowdown with average salary offers at ₹2.5 million
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