Exceptional placements at IIM Calcutta yet again, with the average pay surpassing an all-time high of INR 34 Lakh

 

Kolkata: IIM Calcutta witnessed 100% Placements for its 57th Batch during the placement week that concluded last week. The entire process was conducted virtually. 465 students took part in the finals placement process, receiving 631 offers. The institute followed a cluster-based system where the participating firms were mapped to cohorts that were further mapped to their respective cluster. The process was conducted to prioritize student-recruiter fit as students were given an option to hold & wait after getting an offer and to apply dreams across clusters. 190+ firms participated in the Finals Placement process, and the median salary for the process was INR 31 Lakh, while the average salary stood at a record INR 34.2 Lakh.
The consulting sector once again emerged as the top recruiter, with 49% of offers being raised in the domain. Accenture Strategy, Bain & Company, Boston Consulting Group, EY Parthenon, and McKinsey & Company were some of the top recruiters in this domain.
Marquee Asset Management, Investment Banking, and Private Equity-Venture Capital firms made 18% offers once again, proving the mettle of the institution in the finance domain. Goldman Sachs and Avendus made the highest offers within this cohort.
In the General Management and Marketing domain, 14% of offers were raised. Some of the prominent recruiters in the sector were Hindustan Unilever Limited, ITC, Nestle, Procter & Gamble, Tata Administrative Services, amongst others.
19% of overall offers were rolled out in the Product Management and Operations domains. Top recruiters included Amazon, Flipkart, Microsoft, Paytm, amongst others.
Despite the uncertainty caused by omicron, there were several new recruiters on campus, including IIFL, Nykaa, Premji Invest, Rothschild, Zomato, and international offers from Emaar, Protiviti, etc.
Prof. Manish Thakur, Dean (NIER) congratulated the students and the placement team on their achievement, “The 57th batch has undergone several transitions due to the pandemic situation and all of us at IIM Calcutta are very proud of their achievements. I would like to thank all the recruiters for their faith in our students. We wish each one of them the very best for their future.”
Prof. Uttam Kumar Sarkar, Director said, “I congratulate the students on their satisfying placement that speaks volumes of their capabilities. Profuse thanks to the recruiters for having recognized their talents. My appreciations to the Placement Committee for their superb performance. IIM Calcutta wishes the outgoing batch the very best in their professional and personal lives as they take their Alma Mater to new heights through their contributions to the bigger world.”

Isha Verma (57th batch) said, “Amidst new covid variants and overall uncertainty about the job market, the fact that the placement team was able to bring in newer companies and achieve successful placements shows their efforts and determination. The team also introduced unprecedented student-friendly policies and ensured the online process was smooth for everyone. Kudos to them for their hard work in providing such surreal placements to the batch despite all uncertainties!”. Vishal Chopde (57th batch) said, “The new placement policy made the process more efficient and transparent for all the stakeholders. The relentless efforts of the placement team and determination of the 57th batch have resulted in remarkable employment offers and a smooth placement run.”
Prof. Chetan Joshi, Chairperson, CDPC commented, “The dedicated efforts of the student placement team, volunteers and support of one and all in the IIMC community has once again culminated in excellent placements at IIM Calcutta. I congratulate everyone involved in the effort.”

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