The average monthly stipend for the IIM Calcutta summer internships reached INR 1.89 lakh, while the median stipend stood at INR 2 lakh, both new records for the institute.
IIM Calcutta Summer Placement 2024: The Indian Institute of Management (IIM) Calcutta has successfully concluded its summer placements for the 2024 academic year, achieving an impressive 100% placement rate for its flagship MBA program. As of October 25, the institute secured 564 offers for 475 students, marking a significant milestone in its placement history.
Record-Breaking Stipend Figures
The average monthly stipend for IIM Calcutta summer internships reached an astounding INR 1.89 lakh, while the median stipend stood at INR 2 lakh, both new records for the institute. The highest domestic stipend was an impressive INR 3.67 lakh per month, and the highest international stipend soared to INR 6.75 lakh. Notably, the top 5 percentile of students secured stipends of INR 3 lakh per month, underscoring the high demand for IIM Calcutta graduates in the competitive job market.
Diverse Recruitment Across Multiple Sectors
The placement process was conducted in a hybrid mode, with participation from 175 recruiters across a range of sectors, including FMCG, manufacturing, finance, consulting, technology, analytics, pharmaceuticals, and education. This diversity in recruitment not only showcases the broad appeal of IIM Calcutta graduates but also highlights the institute’s strong industry connections.
Innovative Placement Process Enhances Recruiter-Student Fit
The cluster-cohort placement process introduced various policies, such as the “dream offer,” which allowed recruiters to identify better fits for their organizations. This innovative approach has led to positive outcomes for both students and employers, reinforcing IIM Calcutta’s reputation as a leader in management education.
Commitment to Future-Ready Graduates
Professor Ritu Mehta, Chairperson of placement activities, expressed gratitude towards recruiters for their trust in the institute’s students. “The outcome of the summer internship offers has yet again demonstrated the future readiness of our students in a highly competitive landscape. We appreciate the confidence shown by our industry partners amidst the ongoing recalibration of managerial jobs globally.”
The successful summer placements at IIM Calcutta not only reflect the quality of education but also the preparedness of its students to meet the challenges of a rapidly evolving job market. As the institute continues to strengthen its ties with industry leaders, the future looks bright for its graduates.
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: Who are the top recruiters of IIM Calcutta?
The list of top recruiters who participated during the recent IIM Calcutta placements 2024 is presented below:
IIM Calcutta Top Recruiters |
|
|---|---|
BCG |
Goldman Sachs |
Amazon |
HSBC |
Accenture |
IBM |
Deloitte |
Morgan Stanley |
Samsung |
|
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 |
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