IIM Calcutta Final Placement 2019: One Year MBA Student Gets 1.25 Cr. Package; Records Higher Average Salary than 2 Years MBA

Breaking its own record, the Steller Placement performance for 2 years MBA 2017-19 batch with higher than last year pay packages is left behind as IIM Calcutta achieves 100% Placement for its one year MBA 2018-19 batch with higher average salary than recorded for 2 years MBA programme.

IIM Calcutta which concluded its final placement 2019 for its 54^th batch of PGP class 2019 in just one day with 501 offers made by 123 recruiters to 441 participating students, has recorded stellar performance in one year MBA placement for MBAEx 2018-19 program (previously known as PGPEX). The average salary for the MBAEX – one year MBA class 2019 has shot up by 10.3% to INR 26.98 Lakhs. The highest domestic salary offered to IIM Calcutta One year 

MBA student has climbed to INR 1.25 crore, an increase of 40% over the previous batch. The outgoing cohort of 60 students in IIM Calcutta one year MBA programme witnessed 104% increase in average salary relative to their pre-MBA compensation. Some of the prominent recruiters include Amazon, Accenture, EXL, Ford, Oyo, Swiggy, Sapient, and Zensar.

IIM Calcutta has already concluded the final placement for its 2 year full time MBA programme, achieving yet again 100% placement from top recruiters. The average salary in Placement 2019 for 2 years MBA 2017-19 batch has gone up at Rs.25.36 lakhs -  steep hike over last year salary. Consulting sector has claimed 29% share in placement 2019 with Accenture emerging as top recruiter with 24 offers. IIM Calcutta has not shared the highest salary package for PGP 2017-19 batch. The last year highest salary at IIM Calcutta was Rs.75 lakhs.

IIM Calcutta - 2 Years Vs 1 Year MBA Placement 2019: Highlights
Following are the key highlights of IIM Calcutta Placement 2019:

Placement 2019 Highlights and Trends for 2 Year MBA

• Average salary increased to Rs.25.36 lakhs from Rs.24.2 lakhs last year
• 15% students get more than one placement offer
• Number of students participated in Placement 2019: 441
• Number of Recruiters making placement offers: 123
• Total number of offers made: 501
• 50% batch placed in Consulting (29%) and Finance (21%) domains

Placement 2019 Highlights and Trends for 1 Year MBA
IIM Calcutta’s MBAEx program (previously known as PGPEX) continues to provide value for money. The MBAEx class of 2019 has become the first cohort to achieve 100% placement for the academic year 2018-2019 among all the leading one-year MBA programs across the country.

In a recently concluded survey by Times Higher Education (THE) and the Wall Street Journal (WSJ), one year MBA - MBAEx of IIM Calcutta is ranked 3rd among all global one-year MBA programs.

• Average Salary rose by 10.3% to INR 26.98 Lakhs
• Highest Domestic salary up at INR 1.25 crore, an increase of 40% over the previous batch
• 60 students of the batch witnessed 104% increase in average salary over last year
• Prominent recruiters include Amazon, Accenture, EXL, Ford, Oyo, Swiggy, Sapient, Zensar among others
• Key salient feature of IIMC 1 Year MBA is ‘Live Projects’ component

Last 3 Years Placement Trends
IIM Calcutta has refrained from sharing the complete salary statistics for the Placement 2019. However, the last three years analysis of average salary reflects a consistent rising trend in higher compensation packages offered at IIM Calcutta year after year:

Top Recruiters
IIM Calcutta has shared the top recruiters and among them Accenture strategy tops the list with 24 offers. Other top recruiters in Placement 2019 are 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

Sector wise Placement

Consulting: 29% placement offers
Consulting sector emerged as the highest recruiter contributing to 29% of the total offers made. Top recruiters in this sector were Accenture, AT Kearney, Bain, BCG, McKinsey who made offers in double digits. Other top recruiters include EY-Parthenon, Alvarez & Marsal and PwC amongst others

Finance Campus of Asia: 21% offers
Finance sector continued to churn out a high number of offers strengthening the image of IIM Calcutta as the Finance campus of Asia. 21% of the total offers were made in this sector by top recruiters like Goldman Sachs, Bank of America Merrill Lynch (BAML), Citi, JP Morgan Chase, Deutsche Bank, Avendus among others.

E-commerce, Operations, Product Management: 16% offers
16% students were placed in E-commerce, Operations and Product Management. In all 68 offers were accepted by students. Amazon, Uber, Udaan, Media.Net, Flipkart, Microsoft, Salesforce were the prominent top recruiters in this sector.

Students were recruited in General Management (14% offers), Sales and Marketing (12% offers) and IT-Analytics (8% offers). Top recruiters included Aditya Birla Group, Mahindra, Wipro, Adani, L’Oréal, Mondelez, Hindustan Unilever, Samsung, Coca Cola, Bajaj Auto, EXL, American Express and Cognizant.

Initiatives taken for Faster Placement 2019
The fast Placement 2019 at IIM Calcutta is a result of initiatives taken during last one year. Students at IIM Calcutta co-developed a scheduling system with a Bangalore based start-up which increased efficiency and ensured maximization of interface opportunities between students and recruiters.

Speaking on the Placement 2019, Anju Seth, Director IIM Calcutta, said, "Delighted to see such a strong demand for the skill set of the participants of our MBA programme. This bears testimony to their talent and to the value added by the high-quality education that we impart at the institute."

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 4 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 only Management Institute in India with 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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