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IIM Calcutta achieves 100% placement

IANS  |  Kolkata 

IIM Calcutta, one of the B-Schools of the country, has achieved 100 per cent placement on the first day, a statement from the institute said here.

In all, 123 companies from diverse sectors participated in the placement process for the 54th batch of the institute's flagship Post-Graduate Programme in Management (PGP) with 441 students and made 501 jobs offers.

According to the IIM release, 15 per cent of the batch received more than one offer. Also, 50 per cent of offers were from the consulting (29 per cent) and (21 per cent) sectors.

Reputed consulting firms like AT Kearney, Bain & Co, and made offers in double digits. Other prominent names included EY-Parthenon, and

was the largest with 24 offers accepted, the release said.

Major recruiters like Goldman Sachs, Lynch, CitiBank, JP Morgan Chase, and also joined the placement process.

New-age companies in e-commerce, operations and also attracted a fair chunk (16 per cent) of the class of 2019 with 68 offers accepted.

Amazon, Uber, Udaan, Media.Net, Flipkart, and were some of the top names among recruiters.

A large number of students were hired in general management (14 per cent), sales and marketing (12 per cent) and IT-analytics (8 per cent) by big names like Aditya Birla Group, Mahindra, and

The average CTC (cost to the company) was Rs 25.36 lakh and the median Rs 23.5 lakh, marking an increase of Rs 1.16 lakh and Rs 1.5 lakh, respectively.

"At IIM Calcutta, we were not worried about 100 per cent placement. We focused on our preparation and learning. A hard-working student can easily secure an offer of choice," said a student.

--IANS

bnd/nir

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Sun, February 10 2019. 21:44 IST
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