Indian Institute of Management Calcutta registers 100% Placement, Average salary Rs 34 lakh Per annum.

The Indian Institute of Management (IIM) Calcutta has registered 100 per cent placements for its 57th batch, with a record average salary of Rs 34.2 lakh per annum, the premier vocational institution said in a statement.

More than 190 firms participated in the final placement process held virtually last week. A total of 465 students participated in the final placement process in which 631 offers were received.

The average salary was Rs 31 lakh per annum, the statement said. The Indian Institute of Management, Calcutta followed a cluster-based system, where participating firms were mapped to clusters that were further mapped to their respective clusters.

The consulting sector once again emerged as the top recruiter, with 49 percent of offers taken up in the domain. Accenture Strategy, Bain & Company, Boston Consulting Group, EY Parthenon and McKinsey & Company were some of the top recruiters in this domain.

Marquee asset management, investment banking, and private equity-venture capital firms made 18 per cent offers, proving the mettle of the institution in the finance domain. Goldman Sachs and Avendus made the highest offers within this cohort, the statement said.

In the general management and marketing domain, 14 per cent of offers were raised. Hindustan Unilever Limited, ITC, Nestle, Procter & Gamble and Tata Administrative Services were some of the prominent recruiters.

Nineteen per cent of overall offers were rolled out in the product management and operations domains. The top recruiters included Amazon, Flipkart, Microsoft, Paytm, amongst others.

Despite the uncertainty caused by the Omicron variant of COVID-19, there were several new recruiters including IIFL, Nykaa, Premji Invest, Rothschild, Zomato, and international offers from Emaar and Protiviti.