Indian Institute of Management, Calcutta has successfully concluded its final placement process for the batch of 2011-13. The number of students in the batch eligible for placements was 444 (total batch size 462) making this the largest batch in the history of any IIM. Keeping in mind the increase in batch size, the placement strategy this year was modified to focus on inviting new recruiters to campus.
The total number of firms that visited the campus for placements this year was a record 218. This number includes 114 first time recruiters, a huge increase from last time. This year Finance and Sales & Marketing contributed the maximum percentage of offers (23% and 22% respectively), closely followed by Consulting (20%).
Number of students in the batch
Number of recruiters participated in the process
Total no of offers made
Total no of offers accepted
The lateral placement process is primarily facilitated for candidates having considerable pre-MBA work experience, where candidates are offered lateral entries depending upon the relevance, nature and duration of their prior work-experience. This year, the laterals process began in the first week of January and continued till the third week of February. 70 firms visited the campus during the laterals process and 117 offers were made during the laterals process.
Sectoral Break Up:
Finance: It contributed 23% respectively. Despite the slowdown in the finance sector, IIM Calcutta maintained its position as the Finance Campus of the country. Financial majors like JP Morgan, Deutsche Bank, Goldman Sachs, Citibank, Royal Bank of Scotland, HSBC, Arga Investments, Edelweiss and Standard Chartered amongst others flocked to the campus to recruit students in large numbers during the process.
JP Morgan hired exclusively from IIM Calcutta for its Investment Banking role. Citibank recruited students for its Dubai based Markets Desk exclusively from IIM Calcutta. Students had already received Pre-Placement Offers from distinguished firms like Goldman Sachs, Morgan Stanley, Bank of America Merrill Lynch, Standard Chartered, Royal Bank of Scotland, HSBC, Citibank, and Development Bank of Singapore. Morgan Stanley offered it’s only PPO across all IIMs to a student of IIM Calcutta.
Sales and Marketing: The sales and marketing sector saw participation from all the major sectors like FMCG, Media, Telecom, Healthcare, among others. All major recruiters in the FMCG domain like P&G, HUL, ITC, Kraft Cadbury, and Nestle reaffirmed their strong and long lasting relationship with IIM Calcutta by recruiting in large numbers. Renowned media houses like HT Media and Times Group recruited students for their Sales & Marketing divisions. Top telecom companies like Airtel and Vodafone recruited students in large numbers. Airtel offered International Sales & Marketing role for its Africa operations.
General Management: Coveted roles in general management by firms like Reliance Industries Limited (RIL), Mahindra and Mahindra, Cairn Energy and Lodha Group among others was offered to students of IIM Calcutta. RIL reaffirmed its strong relation with IIM Calcutta by recruiting 10 students for various roles, which included the highly sought-after RSS role. M&M recruited 6 students for different roles. Cairn picked up 3 students from IIM Calcutta, the highest number of offers across IIMs.
Consulting Services: Major consulting companies like Boston Consulting Group, Bain & Co. and A.T. Kearney were on campus and recruited in big numbers. A total of 25 students (including PPOs) from IIM Calcutta have secured final placements in BCG, Bain, McKinsey, and A. T. Kearney. Additionally, offers were made by consulting bigwigs like Accenture Management Consulting, Opera Consulting, and Hay Group amongst others. Consulting firms such as Protiviti and Realization hired from IIM Calcutta for the first time. Protiviti offered international consulting roles based out of UAE and Kuwait.
IIM Calcutta has successfully secured a total of 446 offers through its placement process. This accomplishment has reaffirmed IIM Calcutta’s strong affiliation with the industry. Candidates have been offered a multiplicity of roles in Finance, Consulting, Sales & Marketing, General Management, Operations, HR, Procurement and Systems among others. The faith shown by their regular recruiters and unprecedented participation by new recruiters, despite the downturn in economic conditions, is an assertive step towards building stronger industry relationships.
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