IIM Calcutta Placements 2023: Highest Domestic salary INR 1.15 crore; Average CTC 35 lakh per annum

Vipra
Vipra Shrivastava
Senior Manager - Content
5 mins readUpdated on Jun 30, 2023 13:28 IST
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. Read more.

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 2021

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&A Icon
Commonly asked questions
Q:   What is the salary after MBA in IIM Calcutta?
A: 

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?
A: 

IIM Calcutta has a great track record of MBA placements. Recently, IIM Calcutta concludes the placements for its 60th MBA batch with a 100% placement rate. The highest international and domestic packages offered during IIM Calcutta placements 2025 stood at INR 145 LPA and INR 91.45 LPA, respectively. The key highlights of IIM Calcutta placements for the MBA Class of 2024 and 2025 are presented in the table below:

Particulars

MBA Placement Statistics (2024)

MBA Placement Statistics (2025)

Batch size

465

456

Highest package

INR 1.2 crore per annum

INR 1.45 crore per annum (International)

INR 91.45 LPA (Domestic)

Average package

INR 32.62 LPA

INR 34.23 LPA

Median package

INR 30 LPA

INR 34 LPA

Offers made

529

538

Companies visited

190

196

Placement rate

100%

100%

Top sector

Consulting (31.57% offers)

Consulting (37.3% offers)

Q:   Does IIM Calcutta offer placement assistance to Executive MBA students?
A: 

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.

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Table of contents
  • IIM Calcutta Placements 2023: Highlights
  • IIM Calcutta Placements 2022
  • IIM Calcutta Placements 2023 vs 2022 vs 2021
  • FAQs on IIM Calcutta Placements

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

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 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&A Icon
Commonly asked questions
Q:   Who can write recommendations for a candidate applying for IIM Calcutta PhD course?
A: 

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?
A: 

The highest international and domestic packages offered during IIM Calcutta placements 2025 stood at INR 145 LPA and INR 91.45 LPA, respectively. The Indian Institute of Management Calcutta packages offered between 2024 and 2025 is presented below:

Particulars

MBA Placement Statistics (2024)

MBA Placement Statistics (2025)

Highest package

INR 1.2 crore per annum

INR 1.45 crore per annum (International)

INR 91.45 LPA (Domestic)

Average package

INR 32.62 LPA

INR 34.23 LPA

Median package

INR 30 LPA

INR 34 LPA

Q:   What is the average package offered at IIM Calcutta?
A: 

The IIM Calcutta average package offered to the MBA students during the 2025 placement drive stood at INR 34.23 LPA. The following table showcases the Indian Institute of Management Calcutta packages offered to the MBA students during the 2025 placement drive:

Particulars

MBA Placement Statistics (2025)

Overall average package

INR 34.23 LPA

Top 5% average package

INR 73.09 LPA

Top 15% average package

INR 53.46 LPA

Top 25% average package

INR 48.13 LPA

Top 50% average package

INR 42.79 LPA

The overall IIM Calcutta average package trends witnessed during IIM Calcutta placements over the past three years are presented below:

Particulars

MBA Placement Statistics (2023)

MBA Placement Statistics (2024)

MBA Placement Statistics (2025)

Overall average package

INR 35.07 LPA

INR 32.62 LPA

INR 34.23 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

Read More:

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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Vipra Shrivastava
Senior Manager - Content

Vipra Shrivastava is MA in English Literature from Delhi University with extensive experience in content writing of over 14 years. She has been handling content for Management, Accounting and Commerce streams for 8

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Answered 2 months ago

Indian Institute of Management Calcutta is a goverment institute. The institute was founded in 1961 as the first national institute for PG and Research in Management by the Goverment of India. IIM Calcutta offers PG and certfication programmes. The institute also offers customised Long Duration Prog

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The college offers PG Diploma and an MA course. For admissions into the MA course, the students must fulfil the minimum eligibility criteria, that is, to obtain 55% marks in their UG degree. Then, they must appear for CUET exam followed by councelling and personal interview round. The weightage of t

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Indian Institute of Management Calcutta seat is based on qualfying the entrance exams. After qualifying the exam students must have to clear the entrance exams. 

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Indian Institute of Management Calcutta is a goverment institute. The institute has first national institute for PG and Research in Management by the Goverment of India. IIM Calcutta is accredited by AACSB and AMBA. 

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Yes, it is hard to get admission at Indian Institute of Management Calcutta. The institute accepts admisison based on entrance exams. The institute accepts national entrance exams like CAT, UGC NET,  GMAT, and others. IIM Calcutta course admission begin with the online application. Students can appl

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Indian Institute of Management Calcutta admission 2026 are open. IIM Calcutta opens admission to most of its courses in the first week on January every year. Candidates are advised to keep checking the official website for the year 2026.

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No, IIM Calcutta does not offer direct admission. The institute accepts admisison based on entrance exams. The institute accepts national entrance exams like CAT, UGC NET, GMAT, and others. Candidates must know their IIM Kolkata eligibility criteria and apply accordingly.

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Upasana Kumari

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Yes, Indian Institute of Management Calcutta is expensive as coampared to other institute. The fee for the available courses ranges from INR 59,000 - 31,00,000. The IIM Calcutta fee is made up of a number of different elements, including the tuition, security deposit, and hostel fee.

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