IIM Calcutta has concluded its final placement 2019 for its 54th batch of PGP class 2019 in just one day with 501 offers made by 123 recruiters to 441 participating students. Achieving yet again 100% placement from top recruiters, the average salary in Placement 2019 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.
Key Highlights in Placement 2019
Following are the key highlights of IIM Calcutta Placement 2019:
- 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
Key Trends in Placement 2019
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:
|
Placement year
|
Highest Salary (Rs.in lakhs)
|
Average salary (Rs. in lakhs)
|
|
2019
|
NA
|
25.36
|
|
2018
|
75
|
24.2
|
|
2017
|
70
|
20.0
|
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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