IT and Consulting dominate IIM Calcutta PGPEX placements

The placement process drew 48 companies, including first-timers AD Little, Wal-Mart and Levis, for the 39 graduating students who had gone into the one-year full-time programme with 9 years of work experience on an average. Six students accepted international offers that averaged $121,000, while domestic assignments, fetching as high as INR 43 Lakh, averaged INR 20 Lakh, said the IIM Calcutta spokesman.

The offers were in kilter with the work experience and IIM Calcutta’s academic credentials, as companies offered roles at the vice-president and general manager levels to graduating students. Consulting companies, traditionally offering even premier B-school graduates roles at junior levels, slotted the graduating batch at middle- to higher-management positions. Consulting offers made up about a third of the total offers, while technology accounted for a little more than half the offers.

Prof Leena Chatterjee, Convener, PGPEX Placements said, “Students from the first batch were excited not only by the roles and assignments on offer but also by the opportunities to move into new sectors as a consequence of completing the one year program.”

Of the 48 companies that participated in the placement programme, 24 per cent were consultancy companies. Top consulting companies such as McKinsey and Co., AT Kearney, A.D. Little, Accenture Consulting, TSMG, PWC Global and ECS, interviewed students for senior positions in their organizations.

Industry verticals represented in the placement process also included market leaders in banking, telecom, steel, oil & gas, retail, consumer goods and technology. Consumer goods companies that participated in the placement process include Levis, HUL, ITC, Pepsico and Wal Mart.

Diversified conglomerates or manufacturing participants include Reliance Industries, Aditya Birla Group, DLF and Arcelor Mittal. Technology representatives were TCS, iNautix, HP, NIIT, Syntel Inc, Tech Mahindra, Google, and Microsoft.

In terms of sector split, 29 pc of the batch took consulting offers, 53 pc accepted IT sector offers while the remaining students went to consumer goods and other industries.

Key Facts

Average Domestic Salary Offered: INR 20.00 Lakh
Average International Salary Offered: $121.00 Thousand
Maximum Domestic Salary Offered: INR 43.00 Lakh
Maximum International Salary Offered: $200.00 Thousand
Total Number of offers made to 39 students: 60

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