IIM-Calcutta (Indian Institute of Management, Calcutta) concluded its final placements for its 2010-2012 batch and has successfully placed 352 students at reputed firms such as BCG, McKinsey, Bain, A.T. Kearney, Accenture, IBM Consulting, KPMG, Amazon, Flipkart, Naaptol, UBS, Goldman Sachs, JPMorgan Chase, Morgan Stanley, Barclays Capital, Royal Bank of Scotland, HSBC Global Markets, Rothschild, Credit Suisse, and Nomura. The final placement process was completed in a record time of 4 days, compared to the common 5 to 6 days time usually taken by all other institutes. Before starting the final placement process the institute had already received 130 lateral offers and 95 PPOs.
About 40% of the students from the institute were hired through lateral placement process which had commenced in the 1st week of Jan 2012 and sustained till the 3rd week of Feb 2012. The minimum amount of work-experience required to be eligible for the laterals process was positioned at 10 months. The 2010 batch included of 34% freshers and 66% students with previous work-experience. Between them, 15% of the students had work experience of more than 36 months.
The batch of 352 students entered the final placement with 95 Pre-Placement Offers and 130 laterals offers, which resulted to a total of 225 offers already been extended to the students. Top companies such as Google, Accenture Management Consulting, Microsoft, Shell and Amazon extended offers during the lateral placement process. 5 international offers were made by Infosys Company for its Global Sales team. Microsoft made the maximum number of offers to students at IIM Calcutta. The organizations recruited 9 students, across 3 varied profiles- Microsoft Finance, Microsoft IT and India Development Centre (IDC).
Total no. of students placed
No. of students received pre-placement offers
No. of students received lateral offers
Highest international salary offered
Rs.60 lakhs p.a.
Highest domestic salary offered
Rs. 40 lakhs p.a.
Sectoral Break Up:
Consulting: About 27% of students were hired from this sector and various offers were made by different companies such as Capgemini, BMGI, Accenture, CTS and Deloitte among others which hired students for senior level positions such as Consultant/Senior Consultant. Consulting firms offered annual salary package of Rs.20-25 lakhs p.a to the students for domestic locations. Dotcom companies such as Flipkart, Zynga, Amazon, Snapdeal and Jabong also recruited large numbers of students.
Finance: In spite of the slowdown in the finance sector, IIM-C has maintained its position as the ‘Finance Campus’ of the nation with 29% students of the batch this year picking profiles in reputed finance firms such as Barclays Capital, HSBC Global Markets, UBS, Morgan Stanley, Goldman Sachs, Royal Bank of Scotland and JPMorgan Chase. Most of the finance sector companies offered an annual salary package of Rs. 30-40 lakhs p.a for domestic locations and Rs. 40-60 lakh p.a for international locations.
Sales and Marketing: This sector picked up about 22% of students from the total batch and saw participation from all the main domains such as Telecom, Pharmaceuticals, FMCG and Media. The top recruiters from FMCG field are Nestle, ITC, P&G, Johnson & Johnson, HUL and Kraft Cadbury recruited in larger numbers. ITC itself made 6 offers for sales and marketing job profiles.
Well-known media houses such as Times Group and HT Media hired students for their sales & marketing positions. Telecom firms like Vodafone and Airtel hired in excellent numbers. Students also opted for sales and marketing roles in pharmaceutical companies like Novartis, Biocon and GSK Pharma as well. The annual salary package for marketing roles was in the range of Rs. 15-20 lakh p.a for domestic locations.
General Management: This sector picked up about 9% of students from the total batch. Varies profiles were offered by corporate houses such as Punj Lloyd, Aditya Birla Group, Ericsson, Hinduja, Adani Group and Bosch for their leadership roles.
On the whole, the IIM Calcutta final placement concluded on a high note.