IIMC winds up summer placement in record time

Finance sector lead with maximum intakes of 24% each in sales & marketing

The Indian Institute of Management (IIM), Calcutta finished its summer placement in a record time of four days, with 449 students taking up job offers from 154 firms.

Finance sector, along with sales and marketing lead the maximum intakes of 24% each. The other sectors that contributed to the list are consulting with 20%, general management with 11%, operations with 7%, systems with 8%, while other sectors opted for the remaining 6%.

“There were 73 new recruiters visiting IIM Calcutta, including Facebook and World Bank and the total number of recruiters who had signed up for the process was over 230. However, only 154 of those firms could make offers due to the process ending ahead of schedule,” an IIMC statement said.

Despite a bleak economy, major banks — including Bank of America, Merrill Lynch, Nomura, HSBC, J P Morgan Chase, Barclays Capital, Royal Bank of Scotland, Credit Suisse, Standard Chartered and Rothschild — were among the top recruiters. Among other financial firms included Macquarie Infrastructure Fund and India Alternatives and Mizuho securities.
 
Sales and marketing sector too saw top firms like Hindustan Unilever, Procter and Gamble, ITC, Kraft Foods, Nestle, johnson & Johnson, Pepsico, Dabur, Asian Paints, Airtel and Nokia going for talents in the campus. Out of the total 463 students, eight have decided not to sit for the placements.