55th batch of IIM-Calcutta Sets New Record With Median Salary @ Rs.25.5 lakh

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    IIM (Indian Institute of Management) is known for its placement records. They have proved it, this time too, in the 55th batch. The institute disclosed that 439 students have received 492 offers from 136 firms. Also, 108 companies have made 362 domestic and international offers to its students. The institute offered “Dream” and “Wait and Hold” options to give its students more platforms. Recruiters were also given a large group of capable students, so that they were satisfied that they hired the best, for their company.

    Salary range

    Category Salary in INR
    Top 10% average salary Rs 54.5 lakhs
    Top quartile of the class  Rs 41.8 lakhs
    General average salary Rs 28 lakhs
    Median salary Rs 25.5 lakhs 

    Top streams and hiring trends

    Streams Participating Companies Percentage hired
    Consulting sector Accenture, McKinsey & Co., Bain & Co., Kearney, PricewaterhouseCoopers and  The Boston Consulting Group  31%
    General Management along with marketing and sales roles Reliance, TrueNorth, Aditya Birla Group, Colgate-Palmolive, Mahindra & Mahindra, Vedanta, TAS, Hindustan Unilever,  ITC, Mondelez, and FIITJEE 30%
    IT/Analytics, Product Management, Operations domain Google, Flipkart, Microsoft, Salesforce, Amazon, Udaan, EXL Service, American Express, HCL, UnitedHealth Group (Optum) and Mastercard 22%
    Finance and Private-Equity-Venture Capital firms JP Morgan Chase, Bank of America Merrill Lynch, Barclays, Goldman Sachs, Arga Investment Management, Gaja Capital 17%

    Professor Anju Seth, director of IIM Calcutta, said he congratulated the graduating students on receiving such coveted employment offers. 

    Chairperson CDPO of IIM Calcutta, Professor Abhishek Goel, was of the opinion that Introduction of Superset has made their processes even more transparent and efficient. Also that they remain committed to providing better outcomes for their students and recruiters through policy and process changes.

    New Initiative and External Relations (NIER) Professor and Dean, Prashant Mishra told that they were pleased to see that their sustained efforts to make the process more satisfying for students and recruiters were bearing fruit.

    About IIM

    IIMs (Indian Institute of Management) are centres of education in management and research in India. They were established by Jawaharlal Nehru, the then Prime Minister of India. They have their presence in Calcutta, Ahmedabad, Bangalore, Lucknow, Kozhikode, Indore, Shillong, Rohtak, Ranchi, Raipur, Trichy, Kashipur, Udaipur, Nagpur, Amritsar, Bodh Gaya, Sirmaur, Vizag, Sambalpur and Jammu.

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