IIM Calcutta Secures Full Summer Placements

IIM Calcutta Secures Full Summer Placements

Last Updated Nov - 01 - 2024, 08:01 PM | Source : Education Times | Visitors : 34

IIM Calcutta completed its summer placements for the MBA class of 2024 with 100% placement success. A record-breaking 564 offers were made, with the highest int

The Indian Institute of Management (IIM) Calcutta concluded its summer placements 2024 for the 61st batch of its flagship MBA curriculum, achieving 100% placement. On October 25, the institute completed its summer internship placements, with 564 offers made to 475 candidates.

The placement week was held in a hybrid format, with 175 recruiters from various sectors opening up different cross-functional positions. The average monthly stipend was 1.89 lakh, with a median of 2 lakh, both of which set new institute records.

The highest domestic monthly stipend stood at 3.67 lakh per month, whereas the highest international monthly stipend stood at 6.75 lakh per month. The top 5 percentile of the students secured a monthly stipend of 3 lakhs per month.

Ritu Mehta, chairperson, of placement activities, said, “The outcome of the summer internship offers has yet again demonstrated the future readiness of our students in a highly competitive landscape. Globally, there is an on-going recalibration of managerial jobs and pullback of job postings, hence we are very grateful to our recruiters to repose their trust in our students and our academic processes”.

Businesses from all of the main industries, including FMCG, manufacturing, finance, consulting, technology, analytics, pharmaceuticals, and education, participated at IIM Calcutta, much as in previous years. Both recruiters and students benefited from the cluster-cohort placement process, which included several policies like "dream offer" that helped recruiters locate a better student-recruiter fit.

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