IIM Calcutta Placements 2023 Average Package: INR 35.07 LPA & Highest Package: INR 65 LPA

Kolkata, West BengalAutonomous UniversityEstd 1961
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IIM Calcutta Placements 2023 was conlcuded on 24 February, 2023. IIM Calcutta average package stood at INR 35.07 LPA and the median package stood at INR 33.67 LPA with top 25% students was offered an average package of INR 50.86 LPA. A total of 573 offers were made to 58th MBA batch of IIM Calcutta. The highest number of offers were made in the consulting sector (232) followed by finance sector (86).

The institute has also concluded the 2024 summer internship placement drive. 470 students received 540 internship offers. The average stipend stood at INR 2.59 Lakhs per month & the median stipend stood at INR 2 Lakhs per month. Finance & Consulting were the major functions in which students were placed.

To know more click here IIM Calcutta Courses & Fees

Table of Content

  1. IIM Calcutta Placements 2023 Report
  2. IIM Calcutta Placements 2023 Sector Wise
  3. IIM Calcutta Placements 2022 Report
  4. IIM Calcutta Placements 2022 Salary Statistics
  5. IIM Calcutta Placements 2022 Sector - Wise
  6. IIM Calcutta Placements 2022 Cluster - Wise
  7. IIM Calcutta PGDBA Placements 2022

7.1 IIM Calcutta PGDBA Placements 2022 Salary Statistics

7.2 IIM Calcutta PGDBA Placements 2022 Top Recruiters

  1. IIM Calcutta Placements Year - Wise Trends
  2. IIM Calcutta Placements 2022 Top Recruiters
  3. IIM Calcutta Placements 2022 Batch Profile
  4. ??IIM Calcutta MBAEx Placement 2021

11.1 IIM Calcutta MBAEx Placement 2021 Sector-Wise

11.2 IIM Calcutta MBAEx Placement Year-Wise

  1. IIM Calcutta Summer Internship Placements 2024 Report
  2. IIM Calcutta Summer Internship Placements 2023 Sector-Wise
  3. IIM Calcutta Summer Internship Placements 2022 Function-Wise
  4. IIM Calcutta Placement 2021 Analysis

15.1 IIM Calcutta Placement 2021 E-Commerce: Highest CTC: 25-35 LPA

15.2 IIM Calcutta Placement 2021 Finance: Highest CTC: 70-100 LPA

15.3 IIM Calcutta General Management Placement 2021: Highest CTC: 26-27 LPA

15.4 IIM Calcutta Sales and Marketing Placement 2021: Highest CTC: 80 LPA

  1. IIM Calcutta Summer Internship Placements 2024 Report
  2. IIM Calcutta Placement FAQs

IIM Calcutta Placements 2023 Report

Particulars Placement Statistics 2023
Total Number of offers 573
Average Package INR 35.07 LPA
Median Package INR 33.67 LPA
Top 25% Students Average Package INR 50.86 LPA
Major Sector Consulting and Fiance
Top Recruiters Adobe, Flipkart, Amazon, BCG, Goldman Sachs

To know more click here IIM Calcutta Admission 2023

IIM Calcutta Placements 2023 Sector Wise

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

Sectors Number of Offers
Consulting 232
Finance 86
General Management 82
Sales & Marketing 52
Software Services and E-Commerce 30

IIM Calcutta Placement

IIM Calcutta Placements 2022 Report

Particulars Placement Statistics 2021 Placement Statistics 2022
Total Number of Students 467 479
Number of Recruiters 172 192
Number of Offers 520 640
Highest CTC (International) INR 87.36 LPA -
Highest CTC (Domestic) INR 60 LPA -
Average CTC INR 28.75 LPA INR 34.2 LPA
Median CTC INR 27 LPA INR 31 LPA
Major Sectors Consulting, IT & E-Commerce Consulting
Top Recruiters BCG, ITC, P&G, Flipkart Amazon, Flipkart, Microsoft

In the placement drive of 2022, 192 companies made 640 offers to 479 students and the average CTC stood at INR 34.2 LPA whereas the median CTC stood at INR 31 LPA and maximum number of offers were made in the consulting domain. 

Some of the top recruiters including Amazon, Flipkart, Microsoft and many others participated in the placement drive.

During the placement drive of 2021, 520 Job offers were offered by the 172 recruiters to 467 students.

The below table represents the placement comparison of top IIMs:

IIMs Highest Salary Average Salary Median Salary
IIM Bangalore - INR 33.8 LPA INR 31.2 LPA
IIM Lucknow INR 61.59 LPA INR 31.03 LPA INR 29 LPA
IIM Ahmedabad $1,50,297 - INR 36.2 LPA

IIM Calcutta Placements 2022 Salary Statistics

The below table represents the salary statistics of IIM Calcutta Placements 2022:

Particulars Salary Statistics
Top 5% Average Salary INR 64.99 LPA
Top 10% Average Salary INR 57.40 LPA
Top 15% Average Salary INR 54.43 LPA
Top 20% Average Salary INR 51.31 LPA
Top 25% Average Salary INR 48.39 LPA
Top Top 50% Average Salary INR 41.35 LPA

During IIM Calcutta MBA Placements 2022, top 5% average salary stood at INR 64.99 LPA, top 10% average salary stood at INR 57.40 LPA, top 15% average salary stood at INR 54.43 LPA, top 20% average salary stood at INR 51.31 LPA, top 25% average salary stood at INR 48.39 LPA & top 50% average salary stood at INR 41.5 LPA.

IIM Calcutta Placements 2022 Sector - Wise

The below table represents the domain - wise statistics of IIM Calcutta Placements 2022:

Sectors Percentage of Students Placed
Consulting 51.2%
Finance 17.9%
Product Management 14.6%
General Management 6.9%
Marketing 6.2%
Operations 3.2%

During IIM calcutta Placements 2022, the highest number of students were placed in the Consulting sector followed by the Finance sector.

IIM Calcutta Placements 2022 Cluster - Wise

The below table represents the cluster - wise data of IIM Calcutta Placements 2022:

Particulars Cluster 1 Cluster 2 Cluster 3
Number of Recruiters 75 - 49
Number of Offers 401 201 -
Cohorts Asset Management, Investment Banking & Markets, Private Equity & Venture Capital, Management & Advisory Consulting etc Conglomerates, FMCG, E-Commerce & Software Services, FinTech, Food, Drinks & Breweries  IT Services, Banking & Internet Services, Research & Advisory, Analytics, Manufacturing, Startups & Local Organizations
Recruiters Avendus Capital, Citi Bank, D.E Shaw, HSBC, JP Morgan etc Adobe, Godrej Properties, Hindustan Unilever, ITC, Loreal, Nestle, Procter & Gamble etc ICICI Bank, Licious, Pharmeasy, Tata Communications, Times Group etc 

During IIM Calcutta Placements 2022, 75 recruiters participated in the Cluster 1 & made 401 placement offers. Offers were made across various cohorts like Asset Management, Investment Banking & Markets, Private Equity & Venture Capital, Management & Advisory Consulting etc.

During the Cluster 2 of the placement drive, students received 201 placement offers from cohorts like Conglomerates, FMCG, E-Commerce & Software Services, FinTech, Food, Drinks & Breweries.

49 firms participated during the CLuster 3 of the placement drive & made offers across cohorts like IT Services, Banking & Internet Services, Research & Advisory, Analytics, Manufacturing, Startups & Local Organizations.

IIM Calcutta PGDBA Placements 2022

The below table represents the highlights of IIM Calcutta PGDBA Placements 2022:

Particulars Placements Statistics 2022
Number of Recruiters 36
Number of New Recruiters 15
Percentage of PPOs 77%
Highest Salary INR 42.5 LPA
Average Salary INR 29.71 LPA
Median Salary INR 28 LPA
Top Recruiters Accenture, Adani, BCG, BNY Mellon, DE Shaw & Co

During IIM Calcutta PGDBA Placements 2022, 36 recruiters participated including 15 new recruiters. Some of the top recruiters included Accenture, Adani, BCG, BNY Mellon, DE Shaw & Co etc. The PPO conversion percentage was 77%.

The highest salary offered was INR 42.5 LPA. The average salary stood at INR 29.71 LPA & the median salary stood at INR 28 LPA. 

Also check IIM Calcutta Cutoff

IIM Calcutta PGDBA Placements 2022 Salary Statistics

The below table represents the salary statistics of IIM calcutta Placements 2022:

Particulars Salary Statistics
Average Salary of Freshers INR 26.25 LPA
Average Salary of Experienced Students INR 29.95 LPA
Top 20 Percentile Average Salary INR 39.7 LPA
Top 30 Percentile Average Salary INR 36.2 LPA
Top 50 Percentile Average Salary INR 33.1 LPA
Top 70 Percentile Average Salary INR 31.5 LPA

During IIM Calcutta PGDBA Placements 2022, the average salary stood at INR 26.25 LPA for the freshers & INR 29.95 LPA for the experienced students. Top 20 percentile average salary stood at INR 39.7 LPA, top 30 percentile average salary stood at INR 36.2 LPA, top 50 percentile average salary stood at INR 33.1 LPA & top 70 percentile average salary stood at INR 31.5 LPA.

IIM Calcutta PGDBA Placements 2022 Top Recruiters

IIM Calcutta PGDBA Placements 2022 Top Recruiters

IIM Calcutta Placements Year - Wise Trends

The below table represents the year - wise placement trends of IIM Calcutta:

Particulars Placements Statistics 2020 Placement Statistics 2021 Placement Statistics 2022
Total Number of Students 444 467 479
Number of Recruiters 150 172 192
Number of Offers 498 520 640
Highest Salary INR 80 LPA INR 87.36 LPA -
Average Salary INR 27.8 LPA INR 28.75 LPA INR 34.2 LPA
Median Salary INR 25.1 LPA INR 27 LPA INR 31 LPA

During IIM Calcutta Placements 2022, the following trends have been observed:

  • The number of recruiters increased from 172 to 192.
  • The number of offers increased from 520 to 640.
  • The average salary increased from INR 28.75 LPA to INR 34.2 LPA.
  • The median salary increased from INR 27 LPA to INR 31 LPA. 

IIM Calcutta Placements 2022 Top Recruiters

IIM Calcutta Placements 2022 Top Recruiters

IIM Calcutta Placements 2022 Batch Profile

The below info - graph represents the 2020-22 batch profile of IIM Calcutta:

IIM Calcutta Placements 2022 Batch Profile

The 2020-22 batch comprised a total of 480 students. The female & male ratio was 35:65. 35% of the batch were freshers & rest of the students had previous work experience. The average work experience of the batch was 15.8 months. More than half of the batch were from B.Tech background.

IIM Calcutta MBAEx Placement 2021

The following table represents the MBAEx placement statistics of 2021:

Particulars Statistics
Batch 2020-21
Number of Offers 58
Highest Salary INR 87.36 LPA
Average Salary INR 28.75 LPA
Median Salary INR 26 LPA
Y.O.Y Increase in Average Salary 9.56%
Y.O.Y Increase in Median Salary 6.51%
Major Sectors IT and E-Commerce
Top Recruiters Axis Bank, NISG, Virtusa

In the placement drive of 2021, 58 Job offers were offered and there was a 9.56% increase in the average salary and 6.51% increase in the median salary.

During the placement drive of 2021 for the executive MBA the highest CTC stood at INR 87.36 LPA and the average CTC stood at INR 28.75 LPA whereas the median CTC stood at INR 26 LPA.

Some of the top recruiters includes Axis Bank, NISG, Virtusa and the maximum number of jobs were offered in the IT and E-Commerce sector.

IIM Calcutta MBAEx Placement 2021 Sector-Wise

Sectors Number of Offers Percentage of Students Placed
IT 34 58.6%
E-Commerce 7 12.1%
Consulting 5 8.6%
Finance 4 6.9%
Healthcare 2 3.4%
Logistics 2 3.4%
Civil and Railways 1 1.7%
Engineering 1 1.7%
Marketing 1 1.7%
Operations 1 1.7%

IIM Calcutta MBAEx Placement Year-Wise

The following table represents the year wise placement trends of IIM Calcutta:

Particulars 2019 2020 2021
Number of Students 66 62 62
Number of Offers 62 64 58
Highest Salary INR 124.90 LPA INR 77.60 LPA INR 87.36 LPA
Average Domestic Salary INR 26.98 LPA INR 26.24 LPA INR 28.75 LPA
Median CTC INR 23 LPA INR 24.41 LPA INR 26 LPA

Also check IIM Calcutta Ranking

IIM Calcutta Summer Internship Placements 2024 Report

Particulars Internship Statistics (2020-22) Internship Statistics (2021-23) Internship Statistics (2022-24)
Number of Students 473 476 470
Number of Offers 482 550 540
Number of Recruiters 141 142 -
New Recruiters 43 - -
Top 25% Average Stipend 2.24 INR 2 Lakhs -
Average Stipend INR 1.16 Lakhs INR 1.4 Lakhs INR 2.59 Lakhs
Median Stipend INR 1.25 Lakhs - INR 2 Lakhs
Major Function Sales & Marketing and Finance Finance and Consulting Finance & Consulting
Top Recruiter Accenture, Google, Amazon Bank of America, Accenture Strategy Amazon, Apple, Hotstar

The institute has concluded its summer internship placements for the passing out batch of 2024 and 470 students received around 540 offers.

In the summer internship placements of 2024 the average stipend stood at INR 1.59 Lakhs and top 25% students were offered the highest stipend of INR 2.24 Lakhs per month.

During the summer internship placement drive of 2023, around 50% of the students were offered internships in the Finance and consulting sector and some of the top recruiters like Bank of America, Accenture Strategy, Nestle, Disney, Tata offered internships.

Also check IIM Calcutta Scholarship 

IIM Calcutta Summer Internship Placements 2023 Sector-Wise

The following table represents the sector wise summer internship placements of batch 2023:

Sectors Percentage of Students Offered Internships
Finance and Consulting 50%
Sales & Marketing 19%
General Management 13%
E-Commerce and Software Services 10%

In the Summer internships placement drive of 2023, the Finance sector offered internships to 121 students whereas 120 students were offered internships from the Consulting Sector.

IIM Calcutta Summer Internship Placements 2022 Function-Wise

The following pie chart represents the the function wise summer internship placements of 2022:

IIM Calcutta Summer Internship Placements 2022 Function-Wise

It can be seen that, the maximum percentage of students were offered internships in the Consulting function (23%) followed by Sales and marketing function (20%).

Also check IIM Calcutta News & Articles

IIM Calcutta Placement 2021 Analysis

The following represents the placement data acquired by the Collegedunia team from IIMC students:

As per the students, 64+ Recruiters Participated In The Day-1 Of The Final Placement Process At IIM Calcutta, Extended 500+ Offers To MBA Class Of 2021. The following graph represents the sector-wise number of recruiters:

Sector Number of Recruiters
E-Commerce 4
Finance 23
Consulting 9
General Management 8
Sales & Marketing 20

The maximum number of recruiters were from the Finance sector followed by the Sales & Marketing sector.

IIM Calcutta Placement 2021 E-Commerce: Highest CTC: 25-35 LPA

The following table represents the Placement report from the E-Commerce Sector:

Company Role CTC (INR) No. of Students
Amazon Product, Ops, Program 25 and 35 LPA 10-12
Flipkart Product 25-30 LPA 3-4
Udaan Category, Product, Program 20 LPA 2-3
Paytm Product, Category 18-20 LPA 1-2

The highest CTC under the E-Commerce sector was INR. 25-35 LPA offered by Amazon followed by Flipkart.

IIM Calcutta Placement 2021 Finance: Highest CTC: 70-100 LPA

The following table represents the Placement report from the Finance Sector:

Company Role CTC (INR) No. of Students
Avendus IB, Credit Solutions 40 LPA 5-6
Credit Suisse IB, Markets 35 LPA 8-10
Gaza Capital PE/VC 70 LPA 1
Goldman Sachs IB, Risk Mgmt, Asset Mgmt 35 LPA 18-20
Edelweiss Treasury, Asset Management 19-20 LPA 4-5
ICICI Bank Corporate Banking, 20-22 LPA ?
FinIQ Quant, Product, Business Development 20-22 LPA 3-4
Citi IB, Corp Banking, Commercial Banking, Markets 32- 34 LPA 15-17
Bajaj Finserv Product 25 LPA 5-6
BAML Relationship Management, Trading, Markets 40-45 LPA 4-5
Prime Venture Partners PE/VC 19 LPA 1-2
Kotak Mahindra IB, Corp Banking, Commercial Banking, Markets 18-20 LPA 2-3
SAIF Partners PE/VC 70 - 100 LPA 1
Motilal Oswal Asset Management 16-17 LPA 2-3
J P Morgan IB, Risk 32-34 LPA 13- 15
TrueNorth PE/VC 25 LPA 2-3
India RF Restructuring 30 LPA 2-3
HUL Corporate Finance 27-28 LPA 2-3
Airtel Corporate Finance 26-27 LPA 2-3
R&B Corporate Finance 24-26 LPA 2-3
Loreal Corporate Finance 22-24 LPA 2-3
Reliance Treasury 24-25 LPA 1-2
Colgate Palmolive Corporate Finance 26-27 LPA 1-2

The highest CTC under the Finance sector was INR. 70-100 LPA offered by SAIF Partners followed by Gaza Capital.

IIM Calcutta General Management Placement 2021: Highest CTC: 26-27 LPA

The following table represents the Placement report from the General Management Sector:

Company Role CTC (INR) No. of Students
ABG Group Leadership 24-25 LPA 4-5
Adani Management Trainee 20-21 LPA 10-12
Vedanta Management Trainee 21-22 LPA 1-2
RPG Management Trainee 19 LPA 4-6
Capgemini ELITE 19-21 LPA 2-3
Mahindra GMC GMC 26-27 LPA 3-4
TAS TAS Manager 24-25 LPA 2-3
C K Birla Group Management Trainee 22-23 LPA 4-5

The highest CTC under the General Management sector was INR. 26-27 LPA offered by Mahindra GMC followed by TAS and ABG.

IIM Calcutta Sales and Marketing Placement 2021: Highest CTC: 80 LPA

The following table represents the Placement report from the Sales and Marketing Sector:

Company Role CTC (INR) No. of Students
HUL Sales and Marketing 26-27 LPA 2
ITC 24 LPA 2
Mondelez 22-23 LPA 2-3
P&G 26-27 LPA 5
Colgate Palmolive 26-27 LPA 1-2
Johnson & Johnson 21-22 LPA 1-2
FIITJEE 80 LPA 16
Asian Paints 22 LPA 2-3
Coca Cola 21-22 LPA 2-3
Nestle 22-24 LPA 2-3
Airtel 22-23 LPA 2-3
Vodafone 21-22 LPA 2-3
Samsung 21-22 LPA 2-3
Dabur 21-22 LPA 2-3
Lenovo 20-21 LPA 2-3
CavinKare 22-24 LPA 2-3
Loreal 22-24 LPA 2-3
Kimberley Clark 20-22 LPA 2-3
General Mills 20-22 LPA 2-3
Ab InBev 22-23 LPA 2-3

The highest CTC under the Sales and Marketing sector was INR. 80 LPA offered by FIITJEE.

The following graph represents the highest CTC offered under each sector-

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IIM Calcutta Placements Alumni Network

Name of Organizations Number of Alumni
Accenture 877
Deloitte 630
Amazon 488
Boston Consulting Group 177
McKinsey & Company 157

IIM Calcutta Placements FAQs

Ques. How many offers were received during IIM Calcutta Placements 2022?

Ans. The recruiters made a total of 640 placement offers during IIM Calcutta Placements 2022.

Ques. How many recruiters participated in IIM Calcutta Placements 2022?

Ans. 192 recruiters participated in IIM Calcutta Placements 2022.

Ques. Which recruiters participated in IIM Calcutta Placements 2022?

Ans. Recruiters like Amazon, Microsoft, BNY Mellon, Accenture etc participated in IIM Calcutta Placements 2022.

Ques. What was the highest salary offered during IIM Calcutta Placements 2022?

Ans. The highest salary stood at INR 42.5 LPA during IIM Calcutta Placements 2022.

Ques. What was the average salary offered during IIM Calcutta Placements 2022?

Ans. The average salary stood at INR 34.2 LPA during IIM Calcutta Placements 2022.

Ques. What was the median salary offered during IIM Calcutta Placements 2022?

Ans. The median salary offered was INR 31 LPA during IIM Calcutta Placements 2022.

Ques. How were PGDBA placements at IIM Calcutta?

Ans. During IIM Calcutta PGDBA Placements 2022, 36 recruiters participated including 15 new recruiters. Some of the top recruiters included Accenture, Adani, BCG, BNY Mellon, DE Shaw & Co etc. The PPO conversion percentage was 77%. The highest salary offered was INR 42.5 LPA. The average salary stood at INR 29.71 LPA & the median salary stood at INR 28 LPA.

Ques. From which sector, the highest number of offers were made during IIM Calcutta Placements 2022?

Ans. The highest number of offers were made from the Consulting sector during IIM Calcutta Placements 2022.

Ques. What was the average stipend offered during IIM Calcutta Summer Internship Placements 2024?

Ans. The average stipend stood at INR 2.59 lakhs per month during IIM Calcutta Summer Internship Placements 2024.

Ques. What was the median stipend offered during IIM Calcutta Summer Internship Placements 2024?

Ans. The median stipend stood at INR 2 lakhs per month during IIM Calcutta Summer Internship Placements 2024.

Ques. How many internships were received during IIM Calcutta Summer Internship Placements 2024?

Ans. Students received 540 internship offers during IIM Calcutta Summer Internship Placements 2024.

IIM Calcutta Highest and Average Package

Highest PackageAverage Package
1.15 Cr
35.07 L
023.0 Lakhs46.0 Lakhs69.0 Lakhs92.0 Lakhs1.1 Crore

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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.
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PRATEEK GONDWAL MBA, General (Student)Reviewed on Feb 10, 2023
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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
RUDRAKSH AGARWAL MBA, General (Student)Reviewed on Feb 10, 2023
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IIM C

9.8Helpful
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
Indransh Bhadauria MBA, General (Student)Reviewed on Feb 10, 2023
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IIMC Internship

6.6Helpful
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
ASLAM ALTHAF MBA, General (Student)Reviewed on Feb 6, 2023
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Nice college

10Helpful
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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Tagoor Tejavath MBA, General (Student)Reviewed on Nov 28, 2022
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IIM Calcutta: 26 Answered Questions

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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)?

Debasmita DeyPGP from Indian Institute of Management Bangalore

This year's average annual salary of SPJMIR (cost-to-company) is INR 32.05 lakhs per annum, representing a 23% increase over last year's figure. The median annual salary was INR 30.10 lakhs per year, with over 59 percent of the batch receiving offers in excess of INR 30 lakhs per year and over 87 percent receiving offers in excess of INR 25 lakhs per year.

With the increasing intake of consulting firms, offers were extended to 91 students, the highest number ever reported by SPJIMR for a batch. Accenture Strategy, Alvarez & Marsal, Bain & Co., Boston Consulting Group, Deloitte, GEP, KPMG, Miebach, and PwC US Advisory were among the companies that took part.

According to the Indian Placements Reporting Standards (IPRS) audited report of IIM Ahmedabad placements 2021, the average salary offered to the PGP/MBA batch 2019-21 was INR 27.54 lakh per annum. The highest annual salary offered was INR 55.00 lakh, while the highest international salary offer was INR 1.16 crore. The average annual international salary offer was INR 74.80 lakh. 

Every year, SPJIMR includes some additional component in addition to the MEP (MEP already includes non-cash, long-term, and performance-linked components as per IPRS standards), whereas IIMA does not.

Yes, SPJIMR benefits from NO reservation, a Mumbai location, and a smaller batch size, all of which contribute to a good placement record and a high average salary.

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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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What are the placement stats for IIM Calcutta this year?

Rituparna NathAditya 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 BurmanTarun 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 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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What is the reality of Life at IIM Calcutta (IIM C)? Want to know about the placements? Is it worth joining IIM C or other institutions? One of the top IIM is myth or reality?

Lovish JunejaDoing research on IIM(s) from last 2 years

Placements at IIM Calcutta are modified versions of the Stanford Prison Experiment that involve less physical abuse but ruthless psychological torture. And it is past time that CAT aspirants and the general public were made aware of this. It is also an attempt to raise awareness among the Institute's Board of Governors, faculty, and other stakeholders. It also reflects utter dissatisfaction with IIM-C Alumni who graduated in recent years and failed to take any action or stand up for what is right, despite knowing what goes on here.

Yes, the Placement Committee members were recently subjected to a Non-Confidence Motion because a majority of final-year MBAs finally took a stand against the oppressive regime. If you fail to attend company PPTs or a Wing mate fails to attend due to illness, your entire wing will be barred from at least three companies. Unless you're a friend or a beloved, of course. Nobody holds PlaceCom accountable.

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Can IIM Calcutta PGP students get a job at multinational banks like Citi and HSBC in the US from placements?

Ragini ShahKnow quite a few things about CAT and IIMs

Multinational banks, private equity firms, and investment banks used to pay a visit to IIMs to directly recruit candidates for the US. It no longer happens. These MNCs have been extremely cautious since the 2008 crisis and the 9/11 incident. They rarely hire IIM graduates for these positions unless they are exceptionally talented or have a particularly unique skill set.

However, these companies do regularly recruit for roles in India and pay very well. The figures aren't huge, but they're adequate. IIMC is known as the "Mecca" of finance for good reason. It is the best place to be if you want to work in finance.

If you perform exceptionally well, you have a good chance of being transferred abroad after a few years of significant experience. At the moment, the only international placements available are to Dubai, Singapore, Malaysia, and, at most, Europe (though this is relatively uncommon). Your chances of going abroad increase as your performance in the company and the impact you make in your role improve. So hone your skills and concentrate on working hard in your company. You will be given the chance you deserve.

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