With over 100 pre-placement offers, it rains jobs at IIM-C

Indian Institute of Management, Calcutta (IIM-C) students received over a 100 pre-placement offers for summer internships on the first day.

Most offers were for jobs in consulting, investment banking, private-equity and hedge fund. Consulting firms McKinsey & Co., Bain & Co., AT Kearney and Boston Consulting Group recruited more than 20 students between them.

“A major turnaround was the rise in the number of finance offers compared to last year. Investment banks recruiting from the campus include Morgan Stanley, UBS, RBS, Barclays Capital, JPMorgan, Goldman Sachs, Nomura, BoA Merril Lynch and Credit Suisse. Offers were made for offices across the globe, including New York, London, Singapore, Hong Kong, Dubai and Africa. Citigroup and Standard Chartered also recruited for international offices,” the institute said in a press statement.

The biggest recruiters this year were UBS and RBS, with ten placements each. Across most banks, the hiring saw an increase compared to last year and this could be a strong indicator that things are heading back to the pre-crisis days as far as recruitments from the Indian management schools are concerned.

Professor Amit Dhiman, the placement chairperson at IIM-C, said: "We have exceeded our expectations with the day’s outcome. This is reaffirmation of quality of IIM-C students from global recruiters, and we are confident of strong showing over the next few days as well."