IIM Calcutta Placement: The Indian Institute of Management (IIM) Calcutta on Thursday announced that its placement for the 57th batch of students has achieved a record 100% placement with a record average salary of Rs 34.2 lakh annually.
Premier Business Institute reported that more than 190 firms participated in the final placement process conducted virtually. The official statement mentioned that a total of 465 students participated and 631 offers were received from various companies during the placement drive.
The institute adopted a cluster based system for this drive, where the participating firms were mapped into clusters which were further mapped to their respective clusters. The average salary was Rs 31 lakh per annum, the statement said.
The consulting sector emerged as the top recruiter, with 49 per cent of offers picked up in the domain. Also there were some other top recruiters in this domain including Accenture Strategy, Bain & Company, Boston Consulting Group, EY Parthenon and McKinsey & Co.
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Marquee asset management, investment banking and private equity-venture capital firms made 18% offers, proving the institute’s competency in the finance space. Goldman Sachs and Avendus made the largest number of offers within this group, the statement said.
14% of offers were picked up in the general management and marketing domain, with Hindustan Unilever Limited, ITC, Nestle, Procter & Gamble and Tata Administrative Services being some of the leading recruiters. 19% of the total offers were initiated in the product management and operations domain, with top recruiters including Amazon, Flipkart, Microsoft and Paytm among others.
Also there were many new recruiters including IIFL, Nykaa, Premji Invest, Rothschild, Zomato and international offers from Emaar and Protiviti. The director of the institute, Professor Uttam Kumar Sarkar, appreciated the placement committee for their excellent performance.
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