The Indian Institute of Calcutta (IIM) recently concluded its placement process for the Post-Graduation Programme (PGP) for the 2016-18 batch. This year, the maximum offers came from the Consulting sector. Out of the 481 offers received by the students here, half came from the Consulting and Finance sectors. Once more, the institute achieved 100% placement from all its recruiters.
Around 131 companies participated in the institute's final placement process. They included Microsoft, Flipkart, Hindustan Lever, Proctor & Gamble, Tata Administrative Services and Uber. Let's take a detailed look at the entire report of 2018.
Sector-wise placement: The institute's placement process took place on Tuesday, February 27, 2018. The companies that participated in the process were:
Consulting: Consulting was the top sector that recruited students from this institute at 27%. The top recruiter of the season was Accenture Strategy. The others were the Boston Consulting Group, McKinsey & Company, Bain & Company and AT Kearney.
Finance: The No. 2 highest recruiting sector, Finance, made 23 offers to the students. These recruiters were J.P. Morgan & Co., Citibank, Morgan Stanley, Bank of America, Merrill Lynch, Goldman Sachs, Credit Suisse Bessemer Venture Partners and IVFA.
Product Management & Operations, General Management, Marketing and IT & Analytics: In these sectors, the successful recruiters included Star, Amazon, Aditya Birla Group and EXL.
Key placement trends: Despite the fact that IIM Calcutta has kept away from sharing their salary statistics for placements in 2018, yet, a large volume of average salary has been recorded in this time's placements.
Top Recruiters: IIM Calcutta has got the lion's share of top recruiters with Accenture Strategy occupying the top slot. Other top recruiters include J P Morgan & Co, Microsoft, Flipkart, Amazon, CitiBank, Merrill Lynch, Star, Bank of America, Morgan Stanley, Aditya Birla Group, EXL, Goldman Sachs and Bessemer Venture Partners and Uber. Bessemer Venture Partners was a first-time recruiter here this year, America's the oldest venture capital firm.
Consulting: This sector emerged as the No. 2 highest recruiter, contributing to 27% of the total pie of placement offers made. The top recruiters here included Accenture, McKinsey, AT Kearney, Bain and BCG.
Finance: Finance offers were high, yet again, contributing to 23% of the total offers. This reinforced the sobriquet attached to this institute as the "Finance campus of Asia." Top recruiters who went home with 23% of the total offers were J P Morgan & Co, Bank of America, Merrill Lynch, Morgan Stanley, Bessemer Venture Partners, Goldman Sachs and Citibank.
Other key sectors who also swung some offers successfully included Marketing (16%), General Management (14%), Product Management and Operations (12%) and IT and Analytics (8%).
IIMC was established in 1961 to be the first national institute for Post-Graduate studies and research in Management by the Government of India. It was established in collaboration with the Alfred P. Sloan School of Management (MIT), the Government of West Bengal, The Ford Foundation and Indian industry.
Over the years, this prestigious institute has evolved to be one of India's top B-schools and has earned valuable global reputation by imparting international quality management education. It has played a pioneering role in professionalizing Indian management by introducing post-graduate and doctoral level programs, executive training programs, research and consulting activities.
IIM-C: International Centre of Excellence
The vision of the IIMC is to be recognized as an International Centre of Excellence in all aspects of Management Education, even as it is rooted in the Indian ethos and societal values. Over the past five and a half decades, this institute has evolved into one of Asia's best business schools. Due to its strong relationships with the business community, IIMC can forge an effective mechanism to stimulate best professional management practices in Indian companies. For all that it has invested into structuring itself for a better tomorrow and all that it continues to do even today, the IIM Calcutta is able to easily attract the best faculty and the brightest students to pursue its many innovative academic programs.
This premier management institute in India is the country's only management school which has triple accreditations by the Association to Advance Collegiate Schools of Business (AACSB), Association of MBAs (AMBA) and EQUIS--the three most important international accreditation bodies for Business Schools.