IIM Calcutta records 100% placement; average salary up by 4%

During the final placement season, the consulting Sector emerged as the top recruiter with 149 students (32 per cent) opting for them. Accenture Strategy and The Boston Consulting Group were the top recruiters.

IIM Calcutta Placements 2021: The Indian Institute of Management (IIM) Calcutta has successfully completed its final placement drive for the Post Graduate Programme (PGP) and has recorded 100 per cent placement. As many as 467 students of IIM Calcutta took part in the placement and have received more than 520 offers in “three clusters comprising various cohorts”. Owing to the ongoing COVID-19 pandemic, the whole placement process was conducted virtually. A total of 172 companies has participated in the final placement process.

90 students were selected by top Investment Banking, Asset Management, Private Equity Venture Capital firms, resulting in about 19 per cent placements. Goldman Sachs and Bank of America were the top two recruiters by number in this cohort.

The ongoing COVID-19 pandemic and economic slowdown had a visible impact in some sectors. While Consulting and Finance roles continued to comprise roughly half the placements as seen in previous years, General Management and Marketing roles came down from 30 per cent last year to 15 per cent in 2021.

In yet another reflection of the economy in 2020-21 and current trends, major software services and e-commerce platforms boosted their hiring from IIM Calcutta campus. Big brands including Microsoft, Amazon, Flipkart, Paytm, etc., recruited 24% (111 students) of the batch for various Product Management and FinTech roles. Navi technologies joined in as one of the first-time recruiters during Finals.

Director Professor Anju Seth said in a statement: “Achieving 100% placements in an unprecedented time such as this is a true testament to the value of the IIM Calcutta experience and I thank the recruiters for their trust. This achievement would not have been possible without the dedicated efforts of our students, placement team, faculty, officers and staff who have worked diligently to maximize the learning benefits to our students in the continuing COVID circumstances.”

“I would like to congratulate the Placement Chair and Committee for their dedicated efforts to create new processes and efficiently conduct all processes virtually. All of us at IIM Calcutta wish the outgoing batch the very best for their new professional roles and encourage them to continue to be resilient and ready for change,” Professor Seth added.

Read More:

• IIM Calcutta Courses & Fees 2021
• IIM Calcutta Admission 2020