IIM Calcutta achieves 100 per cent placement in 2.5 days
IIM Calcutta achieved 100 per cent final placements for the Class of 2014-16 in just 2.5 days.
IIM Calcutta saw great enthusiasm from the industry to recruit some of the brightest minds of the country. For the largest batch of 439 students amongst the older IIMs, a whopping total of almost 500 offers were made during the entire process, including 21 international offers.
IIM Calcutta stays unchallenged as the Finance Campus of India, registering an unparalleled 100+ offers in the sector and reaffirming its position as the Global No.1 B-school. Bank of America Merrill Lynch, Citibank, BNP Paribas, Deutsche Bank, JPMC, Avendus Capital, ICICI Securities, Kotak IBD, Edelweiss and other finance firms recruited students for multiple roles during the final placements. Blackrock and MasterCard were the first time recruiters on the campus.
Some major banks like Investment Banking (IBD) brought in front-end roles exclusively to IIM Calcutta, justifying the efforts put in to improve the quality of offers along with the numbers.
Consulting firms continued their dominance in the campus with over 20 per cent of the total offers. Major firms hiring in the consulting sector included Boston Consulting Group (BCG), Bain & Co., McKinsey, AT Kearney and Accenture Management Consulting. In the consulting domain, Bain & Co. emerged as the largest recruiter. Other consulting firms which hired from IIM Calcutta included Alvarez and Marsal, Opera Solutions (exclusive recruiter), Ernst & Young and Deloitte Consulting (USI) among others.
Sales & Marketing contributed 19 per cent of the offers. Firms that recruited students include Hindustan Unilever (HUL), Procter & Gamble (P&G), Reckitt Benckiser (RB), Johnson & Johnson (J&J), STAR India, Asian Paints, ITC, Phillips etc. International offers in marketing were made by AdCuratio, a first time recruiter.
This year saw a marked rise in the number of leadership and general management roles, with firms like Tata Administrative Services (TAS), Aditya Birla Group (ABG), CK Birla Group, Samsung India, Reliance Industries Limited (RIL), Wipro (Global 100 Program) etc. hiring in large numbers. Aditya Birla Group (ABG) with 17 offers for IIM Calcutta students stood as the highest recruiter in this category.
The steady growth of the e-Commerce sector, additionally fuelled by GoI’s initiatives like Start-up India, was echoed in the placement statistics. Over 20 per cent of the offers were made by e-Commerce and web-based startups like Amazon, Snapdeal, Flipkart, PayTM, Olacabs, Uber, RedBus etc. with Amazon being the top recruiter.