IIM-C sees 100% placement
The Indian Institute of Management-Calcutta (IIM-C) has secured 100-per cent placement for its 54th batch of PGP programme, comprising 441 students in less than two days. The institute received a total of 501 offers, translating to 15 per cent of the batch receiving more than one offer.
The average CTC was ₹25.36 lakh per annum, a rise of 5 per cent over last year. While 29 per cent of the candidates accepted offers in consulting, 21 per cent accepted roles in finance, said a press statement issued by IIM-C. The median salary was ₹23.5 lakh per annum, almost ₹1.5 lakh per annum higher compared to last year.
The institute attributed the brisk placements to an amalgam of initiatives undertaken in the last year. “Some student volunteers co-developed a scheduling system with a Bangalore-based start-up aimed at increasing efficiency and ensuring maximisation of interface opportunities between students and recruiters. Automation has helped us," Prof Abhishek Goel, Chairperson, CDPO, said in the statement.
As many as 123 firms from diverse sectors participate d. Some of the major consulting firms such as AT Kearney, Bain & Co, The Boston Consulting Group and McKinsey & Co made offers in double-digits. Accenture was the largest recruiter with 24 offers accepted.
New age firms in e-commerce, operations and product management attracted nearly 16 per cent of the batch with 68 accepted offers, the release said. General management attracted 14 per cent of the batch, sales and marketing 12 per cent, while analytics offered 8 per cent of the jobs.