IISWBM student bags job with Amazon India, gets highest ever placement package of Rs 12 lakh

Kolkata: India's oldest B-school Indian Institute of Social Welfare & Business Management (IISWBM) that is all set to become a university has set a precedence in its placement record with one of its students bagging a job with Amazon India with a hefty pay package of Rs 12 lakhs. Till date, the highest job placement in the history of IISWBM was a pay package of 8.5 lakh that was bagged by a student last year. "We have started our placement from October and it will continue in two phases till March 2018. Already 34 percent of our students have got placements. In the previous year during this time, the placement was a little less than 25 percent," a senior official associated with IISWBM's placement cell said. IISWBM was set up by the Calcutta University senate together with then Prime Minister Jawaharlal Nehru, and the then Bengal Chief Minister Bidhan Chandra Roy and Dijendra Kumar Sanyal in 1953.

Companies that had participated in the campus recruitment process includes ICICI, ITC, Marico, Linde India, Khadims, SBI Cards and of course Amazon India. On an average 98 percent of IISWBM students get placements every year.

"We are delighted with the placements. This is the first business school not just in India but south-east Asia. If this becomes a management university then several management schools and institutes scattered all over the state will come under our aegis," a top IISWBM official said.

"We have been given 3 acre land in Rajarhat opposite Amity University where work for our second campus has already started," Soma Bandyopadhyay, director IISWBM said It is learnt that the state Education department has already started drafting the bill, which is being supported by Chief Minister Mamata Banerjee as well as education minister Partha Chatterjee.

It is expected to begin its new journey from the 2018-2019 session. At the moment, Calcutta University grants degrees to our students since IISWBM is affiliated to it.