IIM Calcutta Final Placement 2022: Average Salary Up by 18% at Rs.34.2 LPA; Accenture, BCG, HUL biggest Recruiters; Consulting contributes 49% offers

MBAUniverse.com News Desk |
March 3, 2022
IIM Calcutta has concluded 100% final placement 2022 with all time high Average Salary of Rs.34.20 LPA for its largest batch of 465 participating students getting offers from 190 recruiters. Consulting sector has again claimed highest share in recruitment with 49% contribution in placements. Accenture Strategy, Boston Consulting Group, EY, Bain & Company and HUL emerged as the top recruiters
IIM Calcutta Placement 2022

Registering all time high average salary of Rs.34.20 LPA with an increase of 18%, IIM Calcutta has concluded its 100% final placement 2022 for its 57th batch of PGP class 2022 with 631 offers made by 190 recruiters to the large batch of 465 participating students. While Consulting sector alone has claimed 49% share in placement 2022 with Accenture, Boston Consulting Group emerging as top recruiters, the consulting and Finance domains have contributed 67% share in placement 2022. 

IIM Calcutta will award MBA degree instead of PGDM to the passing out PGP 2020-22 batch. 

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 IIM Calcutta Placements 2022: Key Highlights
Following are the key highlights of IIM Calcutta Placement 2022:

  • The whole placement process was conducted virtually amid the pandemic.
  • Achieves 100% placement for the class 2022 with more offers despite the large batch
  • Average salary increased by 18% at Rs.34.2 LPA in Placement 2022 from Rs.29 LPA last year
  • Median Salary has gone up at Rs.31 LPA in Placement 2022 from Rs.27 LPA last year
  • All time High Average Salary
  • Large batch size with 465 students in Placement 2022
  • 631 offers were rolled out
  • Number of Recruiters making placement offers increased to 190 from 172 last year
  • 49% Batch got Placed in Consulting domain
  • Finance & Consulting together have 67% share in Placement 2022
  • Accenture, Boston Consulting Group, EY, Bain & Co, HUL emerge as top recruiters

Key Trends in IIM-C Placement 2022
IIM Calcutta has shared the salary statistics for the Placement 2022. The last five years analysis of salary reflects a consistent rising trend in higher compensation packages offered at IIM Calcutta year after year:

Placement year
Highest Salary (Rs.in lakhs)
Average salary (Rs. in lakhs)
2022
--
34.20
2021
Intl: 80
Domestic: 60
29.00
2020
80
28.00
2019
72
25.36
2018
75
24.2
2017
70
20.0

Top Recruiters
Prominent recruiters in IIM Calcutta placement 2022 include Accenture Strategy, Bain & Company, Boston Consulting Group, EY Parthenon, McKinsey & Company, Goldman Sachs, Avendus, Hindustan Unilever Limited, ITC, Nestle, Procter & Gamble, Tata Administrative Services, Amazon, Flipkart, Microsoft, IIFL, Nykaa, Premji Invest, Rothschild, Zomato, and international offers from Emaar, Protiviti among others.

Sector Wise Placement Highlights
Consulting and Finance comprised 67 percent of total placements as has been the trend at IIM Calcutta.  Below are shared the key highlights of sector wise placements and key recruiters

Consulting: Top Recruiting Domain with 49% Share
Like last year, Consulting Sector emerged as the top recruiting domain in IIM Calcutta placement 2022 with 49% of the batch getting offers in this sector. Accenture Strategy, Bain & Company, Boston Consulting Group, EY Parthenon, and McKinsey & Company were some of the top recruiters in this domain

Product Management and Operations: 19% Share
The Product Management and Operations domains made 19 per cent of overall offers. Top recruiters included Amazon, Flipkart, Microsoft, Paytm, among others.

Finance: 18% Share
IIM Calcutta, the most preferred MBA college in Finance area recorded 18 percent students getting offers in Finance domain in Placement 2022. Students were selected by top Investment Banking, Asset Management, Private Equity Venture Capital firms. In terms of number of students placed in this domain, Goldman Sachs and Avendus were the top two recruiters.

General Management and Marketing: 14% Share
Roles offered in General Management and Marketing domains are less in Placement 2022 than last year. Last year 15% of the batch got placement offers in these areas. However, in the placement 2022 the share has come down to 14%. Top recruiters in this domain included Hindustan Unilever, Procter & Gamble, ITC, Nestle, Tata Administrative Services among others.

New Recruiters
IIM Calcutta also witnessed several new recruiters during placement 2022 apart from regular recruiters. Some of the new receuiters included IIFL, Nykaa, Premji Invest, Rothschild, Zomato,

International Placements
Some of the marquee international companies like Emaar, Protiviti among others made international placement offers with high salary packages.

Other Prominent Recruiting Sectors
Manufacturing, Power, Services, Government firms among others comprised the other prominent key recruiting domains with several recruiters.

“Dream” and “Wait and Hold” Options
The fast Placement 2022 at IIM Calcutta is a result of initiatives taken during last few years. Students at IIM Calcutta co-developed a scheduling system which increased efficiency and ensured maximization of interface opportunities between students and recruiters.

IIM Calcutta offered “Dream" and “Wait and Hold" options to allow its students to realise their full potential at the top institute. Recruiters could also select from a larger pool and make offers to the most suitable candidates as per their choice.

The Indian Institute of Management Calcutta (IIMC) was established as the first national institute for Post-Graduate studies and Research in Management by the Government of India in November 1961 in collaboration with Alfred P. Sloan School of Management (MIT), the Government of West Bengal, The Ford Foundation and Indian industry.

Over the years, IIMC has grown into a top B-school and matured institution with global reputation, imparting high quality management education. It has been playing a pioneering role in professionalizing Indian management through its Post Graduate and Doctoral level programs, Executive Training Programs, Research and Consulting Activities.

IIM-C: International Centre of Excellence
The vision of the Institute is to emerge as an International Centre of Excellence in all facets of Management Education, rooted in Indian ethos and societal values. Over the past 6 decades, IIM Calcutta has developed into one of Asia's finest Business Schools. Its strong ties to the business community make it an effective mechanism for the promotion of professional management practices in Indian organizations. Today, IIM Calcutta attracts the best talent in India to its faculty and the best and brightest young men and women pursue its academic programs.

IIM Calcutta is the first IIM to have earned triple accreditations by AACSB (Association to Advance Collegiate Schools of Business), AMBA (Association of MBAs) and EQUIS - the three major international accreditation bodies for Business Schools. 

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