IIM Calcutta Placements 2024: Highest Package : INR 1.2 Cr, Average Package & Top Recruiters

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What's New in IIM Calcutta?

20 Nov, 2024

  • IIM Calcutta concluded the Summer Internship Placements 2025 for the 61st MBA batch with 100% placement. Around 175 recruiters participated and made 564 offers to the 475 students. The average stipend stood at INR 1.89 Lakhs per month and the median stipend at INR 2 Lakh per month. The highest stipend offered was INR 3.67 Lakhs per month (domestic) and INR 6.75 Lakhs per month (international).

IIM Calcutta Placements 2024: Highest Package : INR 1.2 Cr, Average Package & Top Recruiters

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Written By Aparna Das 

IIM Calcutta Placements 2024 is concluded with 100% placements for the MBA batch. A total of 464 students participated in the placement drive & secured 529 job offers. The highest package stood at INR 1.2 Cr and the Consulting sector emerged as the top sector with 31.6% placements (167 students). 194 recruiters participated in IIM Calcutta Placements 2024. Some of the top recruiters included Accenture, Deloitte,  KPMG, Bain & Company, McKinsey & Company, Goldman Sachs, JP Morga Chase, Bank of America, HCL, Microsoft, Adani, Aditya Birla Group etc. Earlier during the 2023 placement drive, the highest package stood at INR 1.15 CPA whereas the average package stood at INR 35.07 LPA.

IIM Calcutta Summer Internship Placements 2024 is concluded. IIM Calcutta average stipend stood at INR 1.59 lakhs while the median stipend stood at INR 1.5 Lakhs. Most of the internship offers were made from the Consulting and Finance sectors, with the top recruiters being Accenture Strategy, Bain & Co, BCG, Bank of America, JPMorgan Chase, Macquarie Group, etc.

IIM Calcutta Placements 2024 Report 

Particulars Placement Statistics (2024)
Placement Percentage 100%
Number of Students Participated 464
Number of Placement Offers 529
Highest Package INR 1.2 Cr
Major Sector consulting (31.6%)
Number of Recruiters Participated 194
Top Recruiters Accenture, Deloitte,  KPMG, Bain & Company, Mc Kisney, Goldman Sachs etc
  • During IIM Calcutta Placements 2024, a trend was observed i.e. few firms offered placements for the roles in “Founder’s Office”. These roles were offered by recruiters like  Ola, IndusInd Bank, NewMe, ParkStreet, Kofluence.
  • Jio Financial Services, Hero Fincorp, Yubi, Sobha Realty, Sirius AI, Husk Power Systems and DMI Finance etc participated in the 2024 placement drive for the first time.

IIM Calcutta Placements 2024 Sector-Wise

Particulars Number of Placed Students Placement Percentage Top Recruiters
Consulting 167 31.6% Accenture Strategy,  Deloitte, KPMG, BCG, McKinsey etc
Marketing & General Management 130 24.6% ITC, Loreal, Proctor & Gamble, Vedanta, Aditya Birla Group etc
Finance 114 21.5% Goldman Sachs, JP Morgan Chase, HSBC, Bank of America, Barclays etc
Technology 88 16.6% Microsoft, Arcesium, HCL, Zomato, NewGen etc

IIM Calcutta Placements Year-Wise Trends

You can check past 2 placement drive comparison in the below table:

Particulars Placement Statistics 2023 Placement Statistics 2022
Placement Rate 100% 100%
Batch Size  465 465
Total Recruiters 190 190+
New Recruiters 39 18
Total Offers 573 631
Highest International CTC INR 1.15 CPA -
Average CTC INR 35.07 LPA INR 34.20 LPA
Median CTC INR 33.67 LPA INR 31 LPA
Major Domains Consulting  Consulting 
Top Recruiters  Avendus Capital, Citi Bank, Deutsche Bank, HSBC, Goldman Sachs, Morgan Stanley, Standard Chartered Amazon, Adobe, Airtel, BCG, Citi, Deloitte, HUL, Jio, Flipkart, HSBC

The table below shows the 2023 placement of some of the top IIMs:

Institute Name Highest Package Average Package  Median Package Number of Offers
IIM Calcutta  INR 1.15 CPA INR 35.07 LPA INR 33.67 LPA 573
IIM Bangalore - INR 35.31 LPA INR 33 LPA 606
IIM Indore INR 1.14 CPA INR 30.21 LPA INR 27.2 LPA -
IIM Lucknow INR 1 CPA INR 32.23 LPA INR 30 LPA 632
IIM Kozhikode  INR 67.02 LPA INR 31.02 LPA 27 LPA 559

IIM Calcutta Placements 2023 Sector Wise Analysis

As per the Information Collected by Collegedunia, the highest CTC of INR 1.15 Crores was offered in the General Management sector followed by BFSI sector. Following is the sector wise analysis for the batch 2023 at IIM Calcutta:

Sectors CTC Range
BFSI INR 27 - 72 LPA
Consulting INR 23 - 45 LPA
General Management INR 23 LPA - 1.15 Cr
Product Management INR 23 - 45 LPA
Sales & Marketing INR 21 - 35 LPA
Others INR 24 LPA - 1.3 Cr 

IIM Calcutta BFSI Sector Placements 2023

The following table represents the BFSI company wise placements for the batch 2023 at IIM Calcutta: 

BFSI
Company CTC (INR)
03 Capital 40-67 LPA
Ambit 40-74 LPA
American Express 36 LPA
Angel Broking 27-40 LPA
Avendus 50 LPA
BNP Paribas 33 LPA
CapitalOne 63 LPA
Edelweiss Tokio 26 LPA
Franklin Templeton 35-45 LPA
Goldman sachs 36 LPA
HSBC 42 LPA
IFC Bank Group 27 LPA
InCred Capital 40 LPA
Kotak 30-40 LPA
Lincoln 38-49 LPA
Merisis Advisors 40-50 LPA
Neo Wealth & Asset Management 50 LPA
Piramal 26 LPA
Trident 72 LPA
TVS Capital Funds 40-45 LPA

IIM Calcutta Consulting Sector Placements 2023

The following table represents the Consulting sector placements for the batch 2023 at IIM Calcutta:

Consulting
Company CTC (INR)
A&M 33 LPA
Accenture 40-45 LPA
Arthur D. Little 36 LPA
Bain & Co 32 LPA
BCG 38 LPA
Deloitte 23 LPA
EY 24-41 LPA
Kearney 28 LPA
Kepler Cannon 34.5 LPA
McKinsey & Company 36-41 LPA
Pwc 27-31 LPA
Samagra 40 LPA
TCS 28 LPA

IIM Calcutta General Management Placements 2023

The following table represents the General Management placements for the batch 2023 at IIM Calcutta:

General Management
Company CTC (INR)
Adani 23 LPA
Aditya Birla Group 26 LPA
Airtel 30 LPA
Aliens Group 50 LPA
Emaar 1.15 Cr
Essar 25 LPA
Hinduja 26 LPA
Reliance 24 LPA
TAS 33 LPA
Vedanta 30 LPA

IIM Calcutta Product Management Placements 2023

The following table represents the product management placements for the batch 2023 at IIM Calcutta:

Product Management
Company CTC (INR)
Amagi 41 LPA
Cogoport 32 LPA
Microsoft 35-45 LPA
Paytm 30 LPA
Zomato 23-30 LPA

IIM Calcutta Sales & Marketing Placements 2023

The following table represents the sales & marketing placements for the batch 2023 at IIM Calcutta:

Sales & Marketing
Company CTC (INR)
Apparel Group 32 LPA
Arteria 35 LPA
Coca Cola 28 LPA
eShakti 28 LPA
Exide 27 LPA
HD Works 28 LPA
ITC 33 LPA
L'Oreal 33 LPA
Nestle 33 LPA
Samsung 25-27 LPA
Tata Steel 21 LPA

IIM Calcutta Other Sector Placements 2023 

The following table represents the other sector placements for the batch 2023 at IIM Calcutta:

Others
Company CTC (INR)
Adobe 33 LPA
Genpact 24 LPA
IBM 33 LPA
A91 Partners 1.3 Cr
IndigoEdge 1.05 Cr
Premji Invest 40 LPA
 

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IIM Calcutta Placements 2023 Cluster-Wise 

The IIM Calcutta MBA placement 2023 was conducted in a hybrid mode, allowing recruiters to conduct the process in both online and on-campus methods. IIM Calcutta follows a cluster-cohort-based policy, where companies of similar sectors visited in clusters. IIM Calcutta also offers a ‘Hold and Wait’ option to its students, allowing them to choose from the desired jobs and not restricting to the first offer made. 

The data of Cluster-Cohort placement 2023 are as mentioned below:

Particulars Cluster 1 Cluster 2 Cluster 3 
Total Offers 266 253 54
Number of Recruiters 102 65 23
Cohorts Asset & Wealth Management, Investment Banking & Markets, Private Equity & Venture Capital, Management & Advisory Consulting  Conglomerates, E-Commerce, FMCH, and  Fintech. IT Services, Banking & Financial Services, Research & Advisory, Analytics, Manufacturing, and Startups & Local Organizations
Top Recruiters Avendus Capital, Citi Bank, Deutsche Bank, HSBC, Goldman Sachs, Morgan Stanley, Standard Chartered, etc Aditya Birla Group, Adobe, Amazon, Arteria, Capital One, DTDC, Google, Hindustan Unilever, Media.Net, Microsoft, Nestle, Proctor & Gamble, Tata Administrative Services, Salesforce, Samsung Cogoport, Exide Industries, EXL, HCLTech, Merilytics, Park+, etc.

In Cluster 1, around 102 recruiters mainly from the finance and consulting sectors visited the campus and made a total of 266 offers to the students. Some of the top companies included 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, etc. 

In Cluster 2, around 65 recruiters visited from the cohorts like Conglomerates, E-Commerce, FMCG, and Fintech and made 253 offers to the students. Some of the top recruiters were Aditya Birla Group, Adobe, Amazon, Arteria, Capital One, DTDC, Google, Hindustan Unilever, Media.Net, Microsoft, Nestle, Proctor & Gamble, Tata Administrative Services, Salesforce, Samsung, etc. 

In Cluster 3, around 23 firms participated from cohorts like IT Services, Banking and Financial Services, Research & Advisory, Analytics, Manufacturing, and Startups & Local Organizations and made 54 offers. Some of the top recruiters include Cogoport, Exide Industries, EXL, HCLTech, Merilytics, Park+, etc.

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IIM Calcutta Placement 2023 Salary Statistics 

The salary statistics for 2023 placements are mentioned in the table below: 

Particulars Average Salary Median Salary 
Top 50% of Students  INR 41.03 LPA INR 38.64 LPA
Top 25% of Students  INR 50.84 LPA INR 48.60 LPA
Top 20% of Students INR 54.27 LPA INR 50 LPA
Top 15% of Students  INR 59.71 LPA INR 55 LPA
Top 10% of Students INR 67.35 LPA INR 62.50 LPA
Top 5% of Students  INR 82.15 LPA INR 78.38 LPA
 

IIM Calcutta Placements 2023 Domain-Wise 

The percentage of students placed in various domains is mentioned below:

Domains Percentage of Students Placed
Consulting  40.5%
Finance 15%
Product & Analytics  18.2%
General Management 14.3%
Sales & Marketing  9%
Strategy & Ops 3%

Most of the students were placed in the consulting domain i.e. about 40.5%, followed by Product & Analytics with 18.2% and Finance with 15%.

 

IIM Calcutta Placements 2023 Sector-Wise

The number of offers made in the various sectors is mentioned below:

Sectors Number of Offers Percentage of Offers
Consulting  232 55.5%
Finance 86
Sales and Marketing  52 23.4%
General Management 82
E-Commerce & Software Services - 18.2%

The salary compensation offered to the students in various sectors is mentioned below:

Sectors Average CTC Median CTC Highest CTC
Consulting  INR 35 LPA INR 35 LPA INR 80 LPA
Finance INR 50 LPA INR 40 LPA INR 1.15 CPA
Operations  INR 30 LPA INR 25 LPA INR 35 LPA
Product Management INR 40 LPA INR 25 LPA INR 70 LPA
Marketing  INR 30 LPA  INR 25.50 LPA INR 40 LPA
General Management  INR 30 LPA INR 25.50 LPA INR 94.82 LPA

The highest package was offered in the Finance sector i.e. INR 1.15 CPA. The highest average CTC offered was INR 50 LPA in the finance sector and the highest medium CTC was INR 40 LPA in the finance sector. 

 

IIM Calcutta Average Package 2023

The below table shows IIM Calcutta average package, highest package & median package offered in year-wise manner:

Year IIM Calcutta Average Package
2023 INR 35.07 LPA
2022 INR 34.20 LPA
2021 INR 29.28 LPA
2020 INR 27.8 LPA

IIM Calcutta average package has increased from INR 34.20 LPA in 2022 to INR 35.07 LPA in 2023. The median package has also increased from INR 31 LPA to INR 33.67 LPA.

 

IIM Calcutta Placements 2023 Batch Profile 

The details of the MBA batch 2021-23 are as follows:

Particulars 2021- 23 Batch Details 
Batch Size 465
Gender Ratio 68:32
IIT/ NIT/ BITS 43%
CA/ CFA/ FRM 60+
Entrepreneurs 21
 

IIM Calcutta Placements 2024 Top Recruiters 

Accenture Strategy Deloitte Microsoft
HSBC Bank of America Barclays
Essar Group KPMG BCG
Aditya Birla  Vedanta ITC
Loreal Proctor & Gamle Adani Group

IIM Calcutta Summer Internship Placements 2025 Report

Particulars Internship Statistics 2025 Internship Statistics 2024 Internship Statistics 2023
Batch Size 466 470 476
Total Offers 513 540 550
Highest Stipend INR 3.75 Lakhs - -
Average Stipend INR 1.65 Lakhs INR 1.59 lakhs INR 1.4 lakhs
Median Stipend INR 1.7 Lakhs INR 1.5 lakhs -
Top 25% CTC INR 2.31 Lakhs INR 2.24 lakhs INR 2 lakhs
Top Recruiting Sectors - Consulting and Finance Consulting and Finance
Top Recruiters  - Accenture Strategy, Bain & Co, BCG, Bank of America, JPMorgan Chase, Macquarie Group, etc. Bank of America, Blackstone, Accenture Strategy, Bain and Company, BCG, etc.
 

IIM Calcutta Summer Internship Placements 2024 Sector-Wise

The number and percentage of students placed in various sectors are mentioned in the table below:

Sectors Number of Students Placed Percentage of Students Placed
Consulting  165 59%
Finance 115
Sales and Marketing  73 32%
General Management 76
E-Commerce & Software Services - 7%

During the 2024 summer internship placement, most of the students i.e., about 59% were placed in the Consulting and finance sectors, followed by Sales & Marketing, and General Management with 32%. 

 

IIM Calcutta Summer Internship Placements 2024 Top Recruiters 

Some of the top recruiters who visited during the summer internship placement at IIM Calcutta are as follows:

Sectors Top Recruiters
Consulting  Accenture Strategy, Bain & Co, Boston Consulting Group, Kearney, McKinsey & Co, etc
Finance Bank of America, JPMorgan Chase, Macquarie Group, Morgan Stanley, etc.
Sales & Marketing and General Management Companies such as Aditya Birla Group, Coca-Cola, Dabur, Hindustan Unilever Limited, ITC, Mahindra, Mondelez, Nestle, Procter & Gamble, Tata Administrative Services, etc.
E-Commerce & Software Services Amazon, Apple, Hotstar, Flipkart, Google, Media.net, etc
 

IIM Calcutta PGDBA Summer Internship Placement 2023

The summer internship placement of the PGDBA batch 2023 is as follows:

Particulars Internship Statistics 2023
Placement Percentage 100%
Batch Size 60
Total Recruiters 20
New Recruiters 8
Total Offers 107
Average Stipend INR 1.5 lakhs
Stipend of Top 25% INR 2 lakhs
Roles Offered Associate Consultant, Business Analyst, Data Analyst, Data Engineer, Data Scientist, HR Analytics, Marketing Analytics, and Quantitative Research Intern.
Top Recruiters BCG, DE Shaw, Games24x7, Mastercard, etc.

The PGDBA summer internship placement for the 2023 batch concluded with a 100% placement. A total of 60 recruiters visited and made a total of 107 offers to the batch of 60 students. The Average stipend stood at INR 1.5 lakh monthly, showing a 7.6% increase from the previous year. Some of the top recruiters include BCG, DE Shaw, Games24x7, Mastercard, etc.

IIM Calcutta Placements 2023 FAQs

Ques. How are placements at IIM Calcutta?

Ans. IIM Calcutta has been showing a 100% placement record for the past few years and in 2024 also, IIM Calcutta had a 100% placement. 

Ques. What is the highest package at IIM Calcutta?

Ans. The highest package at IIM Calcutta stood at INR 1.15 LPA in the 2023 placement drive.

Ques. Do IIM Calcutta students receive international offers?

Ans. Yes. IIM Calcutta students do receive international offers. In the 2023 placement drive, the highest international package stood at INR 94.82 LPA.

Ques. What is the salary after IIM Calcutta?

Ans. The average salary a student can expect after graduating from IIM Calcutta is INR 35.07 LPA. 

Ques. Which domain has the best package at IIM Calcutta?

Ans. IIM Calcutta is well known for Finance and is called a ‘Finance Campus’. In 2023 the highest package of INR 1.15 LPA was also offered in the finance sector. 

Ques. What is the median package at IIM Calcutta?

Ans. The median package at IIM Calcutta is INR 33.67 LPA in the 2023 placement drive. 

Ques. How are summer internship placements at IIM Calcutta?

Ans. In the 2025 summer internship placement, the batch of 466 students bagged a total of 513 offers. The average stipend stood at INR 1.65 lakhs, and the median stipend stood at INR 1.7 lakhs. The highest stipend stood at INR 3.75 Lakhs.

Ques, What is the average stipend offered at IIM Calcutta internship placement?

Ans. The average stipend at IIM Calcutta stood at INR 1.59 lakhs, during the summer internship placement 2024.

Ques. In which sector the IIM Calcutta students are hired most during the summer internship placement?

Ans. During the 2024 summer internship placement, most of the students were hired in the Consulting and Finance sector, which is around 59%. 

Ques. What is the average stipend offered to the PGDBA students at IIM Calcutta?

Ans. During the summer internship placement of the 2023 batch, the PGDBA students were offered an average stipend of INR 1.5 lakh monthly.

Ques. How many offers were made to the IIM Calcutta students in 2023?

Ans. A total of 573 offers were made to the batch of 465 students in the 2023 placement drive. 

Ques. What are the top companies that visited IIM Calcutta during the 2023 placement?

Ans. Some of the top companies that visited IIM Calcutta during the 2023 placement were Avendus Capital, Citi Bank, Deutsche Bank, HSBC, Goldman Sachs, Morgan Stanley, Standard Chartered, etc.

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IIM Calcutta Highest and Average Package

Highest PackageAverage Package
1.20 Cr
35.07 L
024.0 Lakhs48.0 Lakhs72.0 Lakhs96.0 Lakhs1.2 Crore

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Binit Tete
4.4Helpful
Reviewed on Jan 2, 2024(Enrolled 2023)

Placement Experience:

IIM Calcutta placements are like a rocket launch - soaring high and setting new records! 100% placement for the 2023 batch is just the beginning. Ready to blast off? From Day 1: Prep starts in your first semester with internships and workshops. By year 2, you're ready for liftoff at the main placement season. Image of IIM Calcutta students celebrating placementsOpens in a new window Who wants you? Big names like McKinsey, Goldman Sachs, Amazon, Flipkart, Microsoft, and more line up to recruit from IIM C. Think diverse opportunities across all industries. Package power: The highest international offer touched a cool INR 94.82 LPA, while the domestic record hit a sky-high INR 1.15 crore! The average salary? A sweet INR 35.07 LPA. IIM C is more than just placements, it's a launchpad for personal and professional growth. Come for the stellar career prospects, stay for the vibrant community and life-changing experiences.

...Read More
PRIYAM SARPAL
3.8Helpful
Reviewed on May 30, 2023(Enrolled 2021)

Placement Experience:

Summer internships take place in the 2nd trimester and the final placements take place between the 5th and 6th trimester. The college has 100% placements - all students get placed through the official placements. Around 30-40% get a PPO in the summer and the remaining get placed during the final placements. Companies come in all sectors including finance, consulting, marketing, general management and operations. Around 25% of the batch gets placed in consulting companies - top tier firms including consulting: Mckinsey, Bain, BCG; Finance: BoFA, HSBC, Barclays; Marketing: P&G, HUL, Gen Management: TAS, ABG come to campus. The highest package is around 1 crore and the average package is around 28-30 Lakhs Apart from IIM A we are the only college to provide a dream policy - under which people can sit for companies even after receiving a PPO because of which there were around 500+ offers were made for a batch of 480 students

...Read More
Anindya Longvah
Anindya Longvah
4.4Helpful
Reviewed on May 25, 2023(Enrolled 2021)

Placement Experience:

Everyone gets placed. All top consulting firms recruit in heavy numbers (MBBK, A&M, Accenture, ADL, Big 4, Boutique firms, etc.). Finance offers a wide variety of jobs and firms with the best firms like BoFa and JPMC also recruiting at obscenely high salaries. Top PEVC firms like A91 also come for recruitment. Marketing and Product Management also have all the top companies present (HUL, P&G, Reckitt, Loreal, Nestle, Dabur, Microsoft, Atlassian, Media.net, etc.). General Management also sees top firms like TAS, ABG, Mahindra, Bajaj Finserv, etc. appear. Placement opportunities are aplenty and the salaries offered are the highest in India. (Avg. package 34L+).

...Read More
Anonymous
4.3Helpful
Reviewed on May 25, 2023(Enrolled 2023)

Placement Experience:

Placement happens in two cycles: Summers and Laterals/Finals. Summer placements are for internships over the summer and final/lateral placements are for permanent roles after graduation with laterals for folks with considerable work experience. Placement is overseen by a placement committee comprised of 10 members from seniors in your first year and juniors in your second. The companies are split into 3 clusters and the process takes place over a week for all cycles. You can look up the figures in the placement report available online but the brief explanation is that everyone gets placed and the best firms visiting the campus tend to remain consistent.

...Read More
Sundeep Samant Singh
Sundeep Samant Singh
3.8
Reviewed on Apr 29, 2023(Enrolled 2020)

Placement Experience:

There is 100% placement for the program. All students are placed at the end of the curriculum. PPI / PPO rate stands around 70% for this particular program. Some students opt out of the placement process mostly due to entrepreneurship/startup ventures.

...Read More
PRATEEK GONDWAL
4.5Helpful
Reviewed on Feb 10, 2023(Enrolled 2021)

Placement Experience:

The campus placements are offered with a 100% success rate every year. There is a placement committee that looks after the entire end-to-end process. Preparation is conducted in a timely and organized manner. The current average CTC is 34 lacs making a good ROI.

...Read More
RUDRAKSH AGARWAL
5.0Helpful
Reviewed on Feb 10, 2023(Enrolled 2021)

Placement Experience:

Best in India with a 34.3 LPA average package last year with a median around 34 LPA. The highest package was above 1Cr, and 100% of students get placed, across various cohorts such as Fin, consult, marketing, prodman, ops, etc.

...Read More
Indransh Bhadauria
4.9Helpful
Reviewed on Feb 10, 2023(Enrolled 2021)

Placement Experience:

We have summer placements (first year), laterals, and final placements. The average and median were around 34.4 LPA last year with the majority of bat h getting into consulting and finance 100% students get placed. The Highest package was above 1 Cr.

...Read More
ASLAM ALTHAF
3.3Helpful
Reviewed on Feb 6, 2023(Enrolled 2022)

Placement Experience:

Students have summer internship placements in their second term, the month of September. Final placements happen in the second year during February. More than 120 companies visit with roles across Consulting, ProdMan, GenMan, etc. Avg package is around 20LPA I plan to work after getting a degree

...Read More
Tagoor Tejavath
5.0Helpful
Reviewed on Nov 28, 2022(Enrolled 2019)

Placement Experience:

Students are eligible for campus placements from the fifth term. 300+ companies visit the campus to recruit 500 students. The highest package is 70LPA and the Average package is 20LPA. 100% placements. after getting the degree students will join the recruited companies.

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IIM Calcutta: 30 Answered Questions

How much does the graduation score effect in placements (summer and final) of IIMs (IIM C in precise) and FMS, Delhi? Will 68% in UG will be a hurdle for me in placements?

Dheeraj JainMBA in Master of Business Administration Degrees & Marketing, Vienna University of Economics and Business (Graduated 2017)

Let’s consider the effect of graduation scores in summer and final placements separately.

Summer Placements:

 During these placements, the recruiters don’t have your MBA profile to judge you. So they have to take your graduation score, past academics, and other criteria into consideration. The summer placements are largely based on what the candidate has achieved till the time he joined his/her MBA program. This is exactly why placement committees request that students utilize the time before joining the institute to improve their resumes. You can upscale yourself with work experience, your education, your extra-curricular activities, etc.

Final Placements: 

During these placements, the students are almost about to complete their MBA. This means their profile has improved through various on and off-campus opportunities. These opportunities include research projects, work on industry projects, and summer internships. So now your CGPA in your MBA program and performance in these activities carry more importance than your undergraduate CGPA.

So we can say graduation scores matter in summer placements but not much in final placements.

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Are placements at IIM Calcutta as good as that of IIM Ahmedabad?

Aarti AhujaLives in Ahmedabad

I will mention the placement statistics of both and let you decide if IIM Calcutta has placements as good as that of IIM Ahmedabad.

Particulars

IIM Calcutta

IIM Ahmedabad

Highest Package

INR 1.15 CPA

INR 1.15 CPA

Average Package

INR 35.07 LPA

INR 34.36 LPA

Top Recruiters

Avendus Capital, Citi Bank, HSBC, Goldman Sachs

Emaar, A91 Partners, BCG, PwC, KPMG, HSBC

Total Offers

573

280

Following are my insight from the above comparison:

  • Almost all students of both institutes IIM Ahmedabad and IIM Calcutta are placed so there isn’t much difference.
  • Moreover, the median packages are similar proving that the placement scenario is similar.

So I don’t think there is much difference between the placement scenarios at IIM Ahmedabad and IIM Calcutta.

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What are the placement stats for IIM Calcutta this year?

Rituparna Nath
Aditya MahathaStudied at Indian Institute of Management Calcutta

The table below will give you a clear understanding of the placement stats for IIM Calcutta this year

IIM Calcutta Placement Report 2022

Particulars

Placement Stats (2020-22)

Total Number of Students

479

Number of Recruiters

192

Number of offers

640

Highest CTC(Domestic)

INR 42.5 LPA

Average CTC

INR 34.2 LPA

Median CTC

INR 31 LPA

Major Sectors

Consulting

Top Recruiters

Amazon, Flipkart, Microsoft 

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After recent revelations regarding IIM Calcutta placements, is it wiser to choose IIM A/B/ L, XLRI or FMS over IIM Calcutta?

Shantanu WaliPGDM from Indian Institute of Management Calcutta (Graduated 2019)

Every institute has its own shortcomings. If you choose IIM A/B/L or XLRI or FMS over IIM Calcutta, do you think you will not face any problems there? It’s just that their flaws haven’t been exposed yet. The fact that someone had the courage to come up and challenge IIM Calcutta is enough to prove its worth. The revelations were made by an IIM Calcutta student itself. This also proves the confidence level and leadership skills of these students are remarkable.

Besides, IIM Calcutta is among the best for a reason. Some casual claims cannot rain its reputation.

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How are the placements for engineers with no work experience at the IIMs, FMS Delhi and XLRI?

Veda Burman
Tarun AnandMBA in Finance, Faculty of Management Studies, University of Delhi (Graduated 2019)

The two most important factors considered by recruiters during Placements at IIM ABC/FMS/XLRI are

  1. Brand of UG College - SRCC/Old IITs/BITS/CA
  2. High Academics - University RankHolders, City Toppers in Boards, or at least Department Rank Holders with 8.5+ in Engineering. 

MBA scores are of much importance during Final Placements but are Not available during summer placement.

If you have passed the above criteria, you are most likely to land any job. Still, I have segregated the roles that require work experience and the roles that do not.

Roles that require work experience 

  • Operations/Supply chain/product management. 
  • Any role will require work experience if your above 2 criteria are not up to the mark.

Roles that do not require work experience 

  • Consulting
  • Investment Banking
  • PE/VC
  • Marketing 
  • Corporate Finance roles

So most of the jobs do not require work experience. Even if they do only non-engineering work experience is of value unless you want to go into Operations/Supply chain/product management.

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How is SPJIMR's placement report better than IIMs including IIM Calcutta and as good as IIM Ahmedabad (both Average and Median)?

Advait JoshiLives in Mumbai, Maharashtra, India

Here are a few possible reasons why SPJIMR placements are better than or equally good as IIMs 

  • SPJIMR has a much smaller batch size in comparison to IIMs and thus the average rises.
  • SPJIMR has a very rigorous selection process that filters the best students and the recruiters are well aware of this.
  • SPJIMR enjoys a great location maximizing the exposure and opportunities rendered to the students. 
  • The students perform exceptionally well in the placement interviews and thus secure high packages.

 It's important to note that these reasons are just based on speculations and it cannot be exactly determined why some placements are better than others.

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Does IMI Kolkata really provide 100% placement?

Aparna Das
Santanu RayMBA in Marketing, Indian Institute of Management Calcutta

IMI Kolkata students are placed in reputable firms in Kolkata, where the placement rate is high. The actual placement rate, however, may change from year to year and may also rely on elements like the general state of the economy and the industries in which the students are most interested. But for the year 2021-2022, it has offered 100 percent placements in its college.

Some of the prominent participating companies were JSW, Jaro, Nivea, RBI, Deloitte, ICICI, McVitie’s among many others. Top job profiles include Sales Manager, Senior Manager, Team Leader, Tax Consultant, and Business Analyst.

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How do I get a package of 30 lakhs in the field of marketing, post MBA from IIMA/B/C, FMS, MDI, SPJIMR, and IIFT?

Saransh ShahMBA Finance, S. P. Jain Institute of Management and Research (2020)

While many may shed their philosophies on how getting a high package should not be your ultimate goal and stuff, I am here with a different opinion. When you are investing a huge amount of money it is only right to expect a greater monetary benefit and a better lifestyle. So I have mentioned some techniques that will help you land a package of 30 LPA specifically in the field of marketing post-MBA from IIM ABC, FMS, MDI, SPJIMR, and IIFT.

  • The first thing you need to do is lower your expectations as no marketing placements offer a package higher than 25 LPA. These highest offers are made by top firms like Reckitt Benckiser, HUL, P&G, and Asian Paints.
  • You need to figure out what you really are after, a good marketing role or a high-paying job. If you are after the latter I suggest you go for big consulting firms like Mc Kinsey, BCG, or investment banks that offer 30+ LPA.
  • But if it is the marketing role you are after, then make sure your resume reflects your marketing enthusiasm. This will further increase your chances of selection.
  • Performing well in the competitions conducted by your desired company is another way to get a high-paying job. 
  • If the Final Placements are your last resort then make sure you have a stable and excellent CGPA. Many companies consider this factor while shortlisting.

These points will help you get your dream job but cannot necessarily guarantee it. It all ultimately depends on your efforts and obviously your luck.

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What are the profiles of the PGPEX students at IIM Calcutta who get more than Rs 50 LPA in campus placements? How can I build that profile?

Deepak MehtaStudied at Indian Institute of Management Calcutta

IIM Calcutta does not release exact figures regarding its placement and more so for its Executive programs.

According to the in-depth study of last placement reports, the profile of PGPX students at IIM Calcutta should be:

  • Average work experience of around 8 years

  • Work experience from IT sector

  • Should have already been earning 30-40 LPA

This information is just based on assumptions and exceptions can take place.

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How good is placement at ISB, Hyderabad compared to IIMs (since number of students are much more in ISB, leading to tough competition)?

Kumar AnshulPGP from Indian School of Business (2023)

When comparing the placements of the two, ISB and IIMs, the batch size hardly matters because both institutes market different products. The background and profiles of students of both institutes are too versatile to draw comparisons. If I roughly divide the ISB students and the kind of placement scenario they face then

  • 90% of students get their dream jobs in the desired sector and company 
  • 10% of the students get jobs that are below their expectations but not worse enough to forgo the offers

So the batch size does not matter here and ISB Hyderabad placements are themselves quite satisfactory.

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View All Questions and Answers

IIM Calcutta Alumni Distribution by Sector

Business Development 23%
Operations 13%
Sales 11%
Information Technology 7%
Finance 7%

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Comments


1 Comment
V
vidhi sharma
Does IIM Calcutta have 100% Placement?
A
Ashish Ramtari

Yes, IIM Calcutta has recorded 100% placement record (for the MBA batch). There were a total of 529 offers made. The highest package which was offered to one of the students- 1.2 crore per year. The highest recruitment sector was Counsulting Sector with 31.6% placements.


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