MBA Summer Placements 2024-25: IIM Calcutta and IIM Bangalore completes 100% Placements; Check list of 140 companies hiring Interns from IIMB

Indian Institute of Management Calcutta (IIMC) has completed the Summer Placements for the 61st batch of its flagship MBA programme with 100 per cent placements. A total of 475 MBA students secured 564 offers. The average monthly stipend stood at ₹1.89 lakh, while the median was ₹2 lakh per month, both marking a new institute record.

IIM Calcutta Summer Placements - Key highlights

• The placement week was conducted in a hybrid mode.
• Total 175 recruiters across a variety of sectors participated.
• The average monthly stipend stood at Rs 1.89 lakh per month. This is the highest ever.
• The median monthly stipend was Rs 2 lakh per month.
• The highest domestic monthly stipend stood at Rs 3.67 lakh per month
• The highest international monthly stipend stood at Rs 6.75 lakh per month.
• The top five percentile of the students secured a monthly stipend of Rs 3 lakh per month.
• Companies all major sectors like FMCG, Manufacturing, Finance, Consulting, Technology, Analytics, Pharmaceuticals, Education participated in IIM Calcutta Summer Placements.

Professor Ritu Mehta, Chairperson of Placement at IIM Calcutta said, “The outcome of the summer internship offers has yet again demonstrated the future readiness of our students in a highly competitive landscape. Globally, there is an on-going recalibration of managerial jobs and pullback of job postings, hence we are very grateful to our recruiters to repose their trust in our students and our academic processes.”

IIM Bangalore has completed Summer Internship Placement process for the PGP and PGP-BA 2024-26 batch successfully with all 601 participating students securing offers from 140 organisations. This year's placements covered a range of domains, including Consulting, Finance, Product Management, Sales and Marketing, General Management, and Analytics.

IIM Bangalore Summer Placement – Sector wise and Company wise Total Offers 
Consulting (22 firms – 230 offers): Accenture Strategy (96), Boston Consulting Group (22), Tata Consultancy Services (17), Bain & Company (14), EY Parthenon India (14), PwC India (14), Kearney (9), Strategy& India (6), Alvarez & Marsal (4), McKinsey & Company (4), Moss Adams (4), NRI Consulting (4), TransformationX (4), EY Parthenon Singapore (3), FinIQ Consulting (3), KPMG (3), Simon-Kucher & Partners (2), Strategy& Middle East (2), YCP Auctus (2), Capgemini (1), Quantum Phinance Consulting (1), Redseer Consulting (1).  

Finance/Banking/Investments (31 firms – 88 offers): Goldman Sachs (9), IIFL Securities (8), Barclays (5), Citibank (5), Credit Saison (5), HDFC (5), Avendus Capital (4), Axis Bank (4), Lodha Ventures (4), Bank of America (3), Edelweiss Alternatives (3), EY Investment Banking (3), HSBC Bank (3), Standard Chartered (3), BNP Paribas (2), Deutsche Bank (2), Kotak Mahindra Bank (2), Piramal Alternatives (2), Premji Invest (2), RTP Global (2), UTI AMC (2), Arpwood Capital (1), D.E. Shaw (1), Faering Capital (1), IP Ventures (1), JP Morgan Chase & Co (1), Moelis & Company (1), Panthera Growth Partners (1), Pkeday Advisors (1), SMBC Bank (1), WhiteOak Capital (1).  

IT Software/Analytics/Product Management (24 firms – 64 offers): ClaimBuddy (7), Google (6), Non Linear Consulting (6), UKG (5), Eightfold.ai (4), Microsoft (4), Media.net (3), Salesforce (3), Sprinklr (3), World Wide Technology (3), Cognizant (2), Data Center and Analytics Lab (2), Drishya.ai (2), Frontier Business Systems (2), InfoEdge India (2), Newgen Software (2), ApniBus (1), Cohesity (1), ConsultAdd Services (1), Novela Digital (1), Oright (1), TrueReach.AI (1), World Informatix Cyber Security (1), ZO Funds, WinZO (1).  

FMCG/Retail (19 firms – 58 offers):  Hindustan Unilever (10), Proctor & Gamble (7), Hindustan Coca-Cola Beverages (5), Amul (4), AB InBev (3), Diageo (3), Fast Retailing (3), Pidilite (3), The Coca-Cola Company (3), Wipro Consumer Care (3), Dabur (2), ITC (2), Mondelēz (2), Nestlé (2), Puma (2), Icestay Projects (1), Mapro Foods (1), Marico (1), Parag Foods (1).   

Manufacturing/Construction/Energy/Infrastructure (15 firms – 54 offers): BNM Solutions (8), Tata Steel (8), JSW (6), Samsung Electronics (6), Sumadhura (5), Asian Paints (4), Saint Gobain (4), KPIT (3), ArcelorMittal Nippon Steel India (2), Castrol (2), Michelin (2), British Petroleum (1), Experion Developers (1), ReNew (1), Shivam Concrete (1).   

Ecommerce/Payments/Telecom (12 firms – 53 offers): American Express (11), Amazon (9), Delhivery (8), Myntra (5), National Payments Corporation of India (5), Tesco India (3), Visa (3), Airtel (2), Flipkart (2), PhonePe (2), Tata Play (2), Pluckk (1).   
Conglomerates (8 firms – 33 offers): Vedanta Group (7), Aditya Birla Group (5), Essar (5), Mahindra Group (5), Reliance Industries (4), Tata Administrative Services (TAS) (4), CK Birla (2), GMR (1).  

Healthcare (6 firms – 13 offers): Sun Pharmaceuticals (4), AstraZeneca (2), Dr. Reddy’s Laboratories (2), Glenmark Pharmaceuticals (2), Optum (2), Axtria (1).   

Foundations/Governance/Education (3 firms – 8 offers): Foundation for Economic Development (3), K12 Techno Services (3), NSRCEL (2).  

Prof Nishant Verma, Chairperson of Career Development Services, IIM Bangalore, congratulated the students for their exceptional performance and praised the meticulous management of the process by IIMB. 

Tapas Ranjan Pati, Head of Career Development Services, noted that Management Consulting continues to be the preferred choice for students, comprising 38% of the offers, with Accenture Strategy making a significant contribution to the placements.

Also read:

• MBA Admissions 2025
• MBA Entrance Exam 2004-25