Average salary up by 4% as IIM Calcutta records 100% placements

Several recruiters from manufacturing sector, power, services and government firms among others comprised the set of recruiters

Average cost-to-company (CTC) package rose marginally by 4.3 per cent this year as Indian Institute of Management (IIM) Calcutta recorded 100 per cent placements for its flagship MBA program. Average salary at IIM-C placements grew from Rs 27.8 lakh per annum last year to Rs 29 lakh per annum this year.

A total of 172 firms participated in the final placement process, making more than 520 offers in three clusters comprising various cohorts to a 467 participating students.

Among sectors, consulting was the top recruiter with 149 students or 32 per cent opting for firms from the cohort. While Accenture