On Campus

IIM Calcutta places 450-strong batch in under three days

Mumbai | Updated on March 12, 2018 Published on November 17, 2014


IIM Calcutta has announced that it has placed over 450 students of the batch of 2014-16, one of the largest across all IIMs, in a record time of just over 2.5 days.

The institute said in a release, that a detailed analysis has revealed that a phenomenal 378 offers (more than the batch size of many prominent IIMs) were made in Slot 0 — consisting of Day 0 and Day 1 — which is an all-time record across the IIMs. This was also a clear indication of the overall optimism prevailing in the economy and the superior quality of student inflow into the institute. IIM Calcutta played host to many new recruiters during the summer placements, prominent among them being Moelis & Co, Roland Berger and Alvarez & Marsal.

The consulting domain saw 38 offers being made by McKinsey & Company, BCG, Bain & Company and A.T. Kearney, the highest in the last three years. Roland Berger, Europe’s no.1 consulting firm, recruited from IIM Calcutta for the first time. The maximum number of offers in the consulting sector were made by Accenture with 17, closely followed by The Boston Consulting Group at 15.

Leading banks including Citibank, Morgan Stanley, JP Morgan, Bank of America Merrill Lynch, Goldman Sachs, UBS, Credit Suisse, Deutsche Bank, BNP Paribas, HSBC, and Standard Chartered, among others, recruited for their front-end investment banking, private equity and global markets and corporate banking roles. One of the highlights was a significant increase in the number of offers from the investment banking divisions of various banks. Moelis & Co, Funds India, and Decimus Financial, hired exclusively from IIMC. Offers from finance contributed to 25 per cent of the total offers.

The FMCG sector saw participation from industry majors such as Hindustan Unilever Ltd, Proctor & Gamble, Mondelez International, Asian Paints, PepsiCo, Coca Cola, L’Oreal, Reckitt Benckiser, Marico, Johnson & Johnson, and Kellogg’s, which recruited for their sales & marketing division. The general management sector had Tata Administrative Services, Mahindra and Mahindra, Aditya Birla Group, CK Birla Group and Airtel recruiting students. The West Asia-based retailing giant M.H. Alshaya Co recruited 13 students who would intern at their Kuwait and Dubai locations.

The e-commerce boom in the country translated into bumper offers being rolled out by Amazon, as it emerged the overall top recruiter with 22 offers being made across various leadership and operations roles. Media houses including Star, Times Group, HT Media and Zee Media recruited in large numbers. Analytics offers were made by the likes of EXL and Cognilytics.

Prof. Rajiv Kumar, the Placement Chairperson of IIM Calcutta said, “The continued faith of recruiters in our students’ quality has encouraged all of us at campus. But we at IIM Calcutta will continue to work hard and strive to achieve even better results in the future.”

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Published on November 17, 2014
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