Placements at IIM Calcutta came to an end on 17 March, with recruiters coming in from all across industries such as investment banking, consulting, marketing, manufacturing and IT. 89 companies could pick up students from campus and students were placed within a record time with 249 students having 505 offers to choose from.
Slot 0 witnessed 64 accepts out of 85 offers. Slot 0 firms that recruited the maximum number of students from IIM Calcutta as compared to other IIMs include global giants like Merrill Lynch (11 accepts), UBS (6), ABN AMRO HK (7), Bloomberg NY (6), BCG (5) Credit Suisse (2), and Ameriprise (2). The private equity firm SUN Group and global manufacturing giant Johnson Electric recruited exclusively at IIM Calcutta. Even in the last slot, the compensations offered touched a whopping high of 12.5 lakhs.
While IIM Calcutta retains the record for the highest package ever of USD 225,000 in 2001, it continues to maintain its leadership in attracting the highest average salary (9.81 Lacs, domestic only) across campuses: this for the largest batch across the top three IIMs (249 students). IIM Calcutta saw twenty seven new firms recruiting this year including Merrill Lynch and Lehman Brothers (for finals), ABN AMRO HK, Bloomberg, Ameriprise, Diamond Cluster, Johnson Electric and UBS India.
IIM-C’ saw a 100% Pre Placement Offer conversion rate at top-league banks like Merrill Lynch (7/7), Barclays capital (3/3) and a significant number at Lehman Brothers, HSBC, JP Morgan etc.
IIM-C had the unique distinction of placing students across every profile in Investment Banking: pricing, structuring, trading, sales, strategy and advisory. IIM Calcutta’s students have become the first to be offered quantitative roles in NY and
High end consulting retained its stronghold on campus. Some of the brightest students like Abhimanyu Ganesh and Arpit Badjatya turned down their international investment banking PPO’s to take up management consulting jobs in
While the services sector hogged most of the limelight, the old economy also made a big splash at laterals hiring at IIM Calcutta. The global steel giant LN Mittal (more offers than the other two top IIMs combined) and Johnson Electric picked up students for international placements in various roles ranging from general management to supply chain and project management. Overall, the campus witnessed an astounding lateral season with 72 accepts out of more than 150 offers, international offers in excess of USD 100,000 (a first for any campus) and eight international offers (highest across all campuses).
IIM-C witnesses the arrival of 30 IIM C graduates (15 full time hires and 15 summer interns) across bulge bracket banks.Other global commercial centers like
Slot 0 |
Highest |
Domestic |
INR 21 Lakhs |
|
|
International |
152,000 USD |
|
Average |
Domestic |
INR 14.65 Lakhs |
|
|
|
|
Slot 1 |
Highest |
Domestic |
INR 14.5 Lakhs |
|
|
International |
125,000 USD |
|
Average |
Domestic |
INR 9.65 Lakhs |
|
|
|
|
Slot 2 |
Highest |
12.5 Lakhs |
|
|
Average |
8.48 Lakhs |
|
|
|
|
|
Total |
Average |
Domestic |
Slot zero accepts company wise
Companies |
Accepts |
ABNAMRO |
7 |
AMERIPRISE |
2 |
ATK |
3 |
BARCLAYS |
2 |
BCG |
5 |
BLOOMBERG |
6 |
BNP |
1 |
CSFB |
2 |
DB |
2 |
DIAMOND CLUSTER |
1 |
HSBC |
1 |
LEHMAN |
5 |
LNM |
3 |
MCK |
6 |
MERRILL LYNCH |
11 |
SUNGROUP |
1 |
UBS |
6 |
Total |
64 |
Apart from the slot zero companies, foreign offers were also made by firms in other slots by companies like ICICI, Inductis, Procter and Gamble, Johnson Electric, Techspan and DBS
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Students’ Profile (Educational background)
Architecture |
1 |
Arts |
7 |
CA/CFA/ICWA |
4 |
Commerce |
12 |
Engineering |
213 |
Management |
3 |
Sciences |
9 |
Lateral hiring snapshots
Accepts |
72 |
* |
Number of International Offers |
8 |
* |
Average Domestic salary |
9.6 Lakhs |
|
Highest International Offer |
103,000 USD |
|
* : Highest across ALL campuses |
|
Slot 0 demography
Highest Domestic Salary |
INR 21 Lakhs + bonus |
Highest International Salary |
152,000 USD |
Slot 1 demography
Highest Domestic Salary |
INR 14.5 Lakhs + bonus |
Highest International Salary |
110,000 USD + 15,000 USD (bonus) |
Offer demography
Highest Salary |
INR 12.5 Lakhs |
Average Salary |
INR 8.48 Lakhs |