IIM Calcutta average pay up 17%, hits all-time high of Rs 34 lakh

Consulting sector's share of the total 631 offers made was as much as 49%

The consulting sector made nearly half of the total 631 offers received during the final placements process that concluded at the Indian Institute of Management (IIM) Calcutta. Its share was as much as 49 per cent.

The premier business school (B-school) saw the average salary surpass an all-time high to stand at Rs 34 lakh, up 17 per cent, while the median salary was up 14 per cent to Rs 31 lakh.

Placing 465 students for its 57th batch, IIM Calcutta followed a cluster-based system where the participating firms were mapped to cohorts that were further mapped to their respective clusters.

Last year,