IIM Calcutta Placements 2023: Highest Domestic salary INR 1.15 crore; Average CTC 35 lakh per annum
IIM Calcutta Final Placements 2023 was conducted in January and February. The institute witnessed a sharp rise in highest salary offer which was INR I.15 crore per annum. The average salary offer at IIM Calcutta placements 2023 stood at INR 35 lakh per annum.
IIM Calcutta Placements 2023 for MBA recorded 100 per cent placement with highest domestic salary offer of INR 1.15 crore per annum and average salary of INR 35.07 lakh per annum.
In the IIM Calcutta placement process of 2021-23 MBA batch 465 students were placed at top companies. The institute followed a cluster-based system for job placements for its 58th batch where the participating companies were mapped to cohorts and their respective clusters. The recruitment was done in three clusters. A total of 570 offers were made by reputed national and international organisations who visited the IIM Calcutta campus for placements.
The institute witnessed 2.5 per cent Year on Year increase in the average salary and 8.6 per cent Year on Year increase in the median salary. The top 5 percentile got offers for about INR 82.15 lakh per annum whereas to 10 percentile got offers
Q: What is the salary after MBA in IIM Calcutta?
IIM Calcutta placement 2023-24 was concluded with a 100% placement record. The highest package offered in the placement drive stood at INR 1.2 crore per annum. Thus, students after MBA from IIM Calcutta can accept a good placement drive. However, the placement offered changes every year based on the merit of the participants and upon the participating companies.
Q: Is IIM Calcutta good in terms of placements?
IIM Calcutta has a great track record of MBA placements. Recently, IIM Calcutta concludes the placements for its 59th MBA batch with a 100% placement rate. The highest package offered during IIM Calcutta placements 2024 stood at INR 1.20 crore per annum. The key highlights of IIM Calcutta placements for the MBA Class of 2022, 2023 and 2024 are presented in the table below:
Particulars | MBA Placement Statistics (2022) | MBA Placement Statistics (2023) | MBA Placement Statistics (2024) |
Highest package | NA | INR 94.82 LPA (International) INR 1.15 crore per annum (Domestic) | INR 1.2 crore per annum |
Average package | INR 34.20 LPA | INR 35.07 LPA | NA |
Median package | INR 31.00 LPA | INR 33.67 LPA | NA |
Offers made | 631 | 573 | 529 |
Companies visited | 190+ | 190 | 194 |
Placement rate | 100% | 100% | 100% |
Batch size | 465 | 465 | 464 |
Q: What is the average package offered to PGDBA students at IIM Calcutta?
The overall and batch-wise IIM Calcutta average package offered to PGDBA batch 2022 are presented below:
Particulars | PGDBA Placement Statistics (2022) |
|---|---|
Average package | INR 29.71 LPA |
Average package (experienced students) | INR 29.95 LPA |
Average package (fresher students) | INR 26.25 LPA |
Top 20 percentile average package | INR 39.7 LPA |
Top 30 percentile average package | INR 36.2 LPA |
Top 50 percentile average package | INR 33.1 LPA |
Top 70 percentile average package | INR 31.5 LPA |
Further, an improving trend was witnessed in the average package offered over the past three years during IIM Calcutta PGDBA placements, which is presented below:
The average salary trends witnessed during IIM Calcutta PGDBA placements over the past three years are presented below:
Particulars | PGDBA Placement Statistics (2020) | PGDBA Placement Statistics (2021) | PGDBA Placement Statistics (2022) |
|---|---|---|---|
Overall average package | INR 26.31 LPA | INR 26.35 LPA | INR 29.71 LPA |
IIM Calcutta Placements 2023: Highlights
Maximum offers were made in Consulting. Check below key highlights of IIM Calcutta final placements 2023 for MBA courses:
| Features |
Details |
|---|---|
| Average CTC offer |
INR 35.7 LPA |
| Median CTC offer |
INR 33.67 LPA |
| Highest domestic CTC offer |
INR 1.15 CPA |
| Highest international CTC offer |
INR 94.82 CPA |
| Total number of students |
465 |
| Total number of job offers |
570+ |
| Top recruiting domain |
Consulting (40.5%) |
| Top recruiters |
Accenture Strategy, Bain & Co., Boston Consulting Group, Ernst and Young, Mastercard |
IIM Calcutta Placements 2023
IIM Calcutta Placements 2023: Cluster Wise Recruiters
In the first cluster 266 offers were rolled out by top IB and PE firms, including Avendus Capital, Citi Bank, Deutsche Bank, HSBC, Goldman Sachs, Morgan Stanley, Standard Chartered. Accenture Strategy, Bain & Co., Boston Consulting Group, Ernst and Young, Mastercard and McKinsey & Co. were amongst the top recruiters in the Consulting cohorts. Franklin Templeton Investments, Stakeboat Capital, etc.
In the second cluster, about 253 offers were made by recruiters including Aditya Birla Group, Adobe, Amazon, Arteria, Capital One, DTDC, Google, Hindustan Unilever, Media.Net, Microsoft, Nestle, Proctor & Gamble, Tata Administrative Services, Salesforce, and Samsung.
In the third cluster, recruiters such as Cogoport, Exide Industries, EXL, HCLTech, Merilytics, Park+, etc. made lucrative offers.
IIM Calcutta Placements 2023
IIM Calcutta Placements 2022
Of the total 631 offers, nearly 49 per cent were made in Consulting sector during the IIM Calcutta placements 2022. The institute witnessed a sharp rise in average salary offer at INR 34 lakh per annum, up 17 per cent, while the median salary was up 14 per cent to INR 31 lakh per annum. In 2021, the average salary offer stood at INR 28.49 lakh per annum and median salary at INR 27.67 lakh per annum. Check below key highlights of IIM Calcutta final placements 2022 for MBA courses:
Q: What is the average batch strength of IIM Calcutta?
Q: Does IIM Calcutta offer placement assistance to Executive MBA students?
Yes, IIM Kolkata facilitates placements support to Executive MBA candidates. Many top recruiters from sectors, including Information Technology, Manufacturing, Telecom, Banking, participate in the placement drive. Moreover, some of the top recruiters that made offers were EY GDS, Infosys, HSBC, Accenture, and BCG. For updates and more details about IIM Calcutta Placements, Click Here.
Q: Who can write recommendations for a candidate applying for IIM Calcutta PhD course?
It is mandatory to submit a letter of recommendation. For students, the recommendations are usually accepted by faculty members from the last attended institute. In addition, for working professionals, a superior of candidate can write a recommendation letter. It could be someone, who can elaborate on the candidate's research capabilities. The recommendation letter must be submitted on time along with the application for selection.
Q: What is the highest package of IIM Calcutta?
The highest package offered during IIM Calcutta placements 2024 stood at INR 1.20 crore per annum. The highest package offered during IIM Kolkata placements between 2023 and 2024 is presented below:
Particulars | Highest Package (2023) | Highest Package (2024) |
|---|---|---|
Highest international package | INR 94.82 LPA | NA |
Highest domestic package | INR 1.15 crore per annum | INR 1.20 crore per annum |
Q: What is the average package offered at IIM Calcutta?
The IIM Calcutta average package offered during the 2024 placement drive is yet to be released on the official website. However, the IIM Calcutta average package offered in 2023 stood at INR 35.07 LPA. The following table showcases the Indian Institute of Management Calcutta packages offered to the MBA students during the 2023 placement drive:
Particulars | MBA Placement Statistics (2023) |
|---|---|
Overall average package | INR 35.07 LPA |
Top 5% average package | INR 82.15 LPA |
Top 10% average package | INR 67.35 LPA |
Top 15% average package | INR 59.71 LPA |
Top 20% average package | INR 54.27 LPA |
Top 25% average package | INR 50.84 LPA |
Top 50% average package | INR 41.03 LPA |
Further, an improving trend was witnessed in the overall IIM Calcutta average package offered over the past three years, which is presented below:
Note: The international average and domestic average package offered during MBA placements 2021 stood at USD 245,264.00 per annum and INR 28.49 LPA, respectively.
The overall IIM Calcutta average package trends witnessed during IIM Calcutta placements over the past three years are presented below:
Particulars | MBA Placement Statistics (2021) | MBA Placement Statistics (2022) | MBA Placement Statistics (2023) |
|---|---|---|---|
Overall average package | INR 29.28 LPA | INR 34.20 LPA | INR 35.07 LPA |
| Features |
Details |
|---|---|
| Average CTC offer |
INR 34 LPA |
| Median CTC offer |
INR 31 LPA |
| Total number of recruiters |
172 |
| Total number of students |
465 |
| Total number of job offers |
631 |
| Top recruiting domain |
Consulting (49%) |
| Top recruiters |
Accenture Strategy, Bain & Company, Boston Consulting Group, EY Parthenon and McKinsey & Company |
Companies that participated in the IIM Calcutta final placements process 2022, include top names in Consulting - Accenture Strategy, Bain & Company, Boston Consulting Group, EY Parthenon and McKinsey & Company. The Finance domain recorder 18 per cent of the total offers. In the General Management and Marketing domain, companies like Hindustan Unilever Limited, ITC, Nestle, Procter & Gamble, Tata Administrative Services, amongst others contributed 14 per cent offers.
In Product Management domain, Amazon, Flipkart, Microsoft and Paytm, among others made 19 per cent of overall offers.
First time recruiters that participated in IIM Calcutta placement process included IIFL, Nykaa, Premji Invest, Rothschild and Zomato, Emaar and Protiviti.
IIM Calcutta Placements 2023 vs 2022 vs 2021
IIM Calcutta has recorded steady rise in average CTC offers in over the last three years. It has increased from INR 25.36 lakh per annum in 2019, to INR 28.49 lakh per annum IN 2021. The number of participant companies has also seen increase. Take a look at the table below to see the performance of IIM Calcutta in final placement process.
| Features |
2023 |
2022 |
2021 |
|---|---|---|---|
| Total Recruiters |
100+ |
172 |
172 |
| Average Package |
INR 35.7 LPA |
INR 34 LPA |
INR 28.49 LPA |
| Median Package |
INR 33.67 LPA |
INR 31 LPA |
IINR 27.67 LPA |
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FAQs on IIM Calcutta Placements
Q: What is the average salary package offered in IIM Calcutta final placements?
A: The average salary package offered in final placements of IIM Calcutta ranges between INR 25 to INR 34 lakh per annum. For the batch of 2023, the average salary package stood at INR 34 lakh per annum.
Q: What is the median salary offered in IIM Calcutta?
A: As per the latest final placement report (MBA batch 2021-2023), IIM Calcutta recorded a median salary of INR 31 lakh per annum.
Q: What is the CTC average of the top five per cent offers at IIM Calcutta?
A: As per the IIM Calcutta placement reports 2023, the top five per cent average salary was INR 82.15 lakh per annum.
Q: Which sector had the least offers in the IIM Calcutta placements 2023?
A: Strategy and Ops sector has the least number (3 per cent) of offers in the final placements of IIM Calcutta as per the final placement report 2023.
Q: What is the total number of offers made at IIM Calcutta placement drives?
A: In the 2023 placement session, MBA students at IIM Calcutta received 570 offers in total. In contrast, IIM Calcutta placement 2022 had a total of 631 offers.
Q: What are some of the top recruiters invited to the IIM Calcutta placement drive?
A: IIM Calcutta invites over 170 recruiters every year for participation in the final placements. The top recruited included Google, TCS, JSW, HUL, IBM, KPMG, Adani, among others.
Q: What is the CTC average of the top fifteen per cent offers at IIM Calcutta?
A: As per the IIM Calcutta placement reports 2023, the top fifteen per cent average salary was INR 59.71 lakh per annum and median salary was INR 55 lakh per annum.
Q: Does IIM Calcutta assist in the summer and final placements?
A: Yes. IIM Calcutta has a placement team of 10 members assisting during the summer and final placement drives conducted at the campus.
Q: What is the process of IIM Calcutta placements?
A: IIM Calcutta conducts the final placement drive in three clusters under which participating companies are grouped into cohorts and further into clusters.
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Anything you would want to ask experts?Answered 2 weeks ago
The placement ratio of IIMC PG Diploma is quite appreciable which ranges from 70-80 percent. As mentioned above the median salary package goes up to INR 4-6 Lacs per annum respectively. The major recruiting organizations are the media houses, public relation agencies, and business companies. Most of
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Contributor-Level 10
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Answered 2 weeks ago
The PG Diploma students were offered the highest package around INR 20 LPA at IIMC, Kottayam. Many top-ranked media organizations offer jobs in college with a strong placement record. The average salary package is generally between INR 3 to 4 LPA. Students who aspire to become part of the media and
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Contributor-Level 10
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The PG Diploma at IIMC, Kottayam is relatively affordable. A. Journalism (English or Hindi): Approximately INR 95,500 B. The rest of the courses: INR 2,08,500. This makes it a relatively good option compared to most other schools. The overall expense is very affordable for students wishing to pursue
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Yes, you can apply for the Postgraduate Diploma in Journalism and Mass Communication at IIMC if you meet the eligibility criteria. You should have a Bachelor's degree in any discipline from a recognised university. IIMC conducts an entrance exam followed by an interview. It's important to check the
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Contributor-Level 10
Answered 2 weeks ago
IIM Calcutta MBATerm-I subjects are:
Corporate Finance Reportz & Analyses
Organisational Behavior
Marketing Management - I
Microeconomics
Statistics for Management
The Indian Boundaries — An Economic and Political History, Environmental and Development Issues
Qualifying Mathematics
Managerial Communication
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Contributor-Level 10
Answered 2 weeks ago
Choosing between Aston Business School and IIM Calcutta for an MBA depends on your career goals. IIM Calcutta is a premier Indian institute with global recognition, a strong alumni network, and excellent placement opportunities, especially in finance, consulting, and management roles. However, Aston
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Contributor-Level 8
Answered a month ago
IIM Calcutta is one of the top IIMs of India with a rank of 5 under the 'Management' category by NIRF. Getting admission to IIMC is competitive due to limited number of seats. The requirement for getting admission in its flagship programme i.e. MBA is qualifying CAT and fulfiling the eligibility req
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Contributor-Level 10
Are PG Diploma placements at IIMC, Kottayam good?