IIM Calcutta placements: Top domestic salary package is Rs 70 lakh this yr

The finance sector churned out the maximum number of offers

Image
IANS Kolkata
Last Updated : Mar 03 2017 | 11:16 AM IST

IIM Calcutta students of the 2017 Post Graduate Diploma in Management batch got lucrative offers in campus placement with the highest international package touching 90,000 Euros (over Rs 63 lakh) per annum while the best annual domestic package was Rs 70 lakh, the institute said on Thursday.

The finance sector churned out the maximum number of offers, with top recruiters like Avendus, Edelweiss, Goldman Sachs and HSBC visiting the campus, as all students of the batch got placements within a record three days in the second week of February.

There were total 474 top-notch offers including significant number of international offers.

"The highest domestic package was Rs 70 lakh per annum, whereas the highest international package amounted to 90,000 Euros per annum," the IIM said in a statement.

Twenty-nine per cent of the offers came from the finance sector, while consulting emerged as the second highest recruiter by making 22 per cent of the total offers. Top recruiters in consulting were Accenture, AT Kearney, Bain, BCG, and McKinsey.

General Management firms like ABG, CK Birla, and TAS made 15 per cent of the offers.

Sales and marketing roles contributed to 12 per cent of the total offers, predominantly offered by firms like HUL, ITC, P&G and Reckitt Benckiser.

Apart from these, e-commerce and IT companies made 14 per cent of the total offers, with companies like Amazon and Wipro hiring in large numbers.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 03 2017 | 10:40 AM IST

Next Story