Slowdown fails to slow IIM Calcutta down!!! - Placements conclude in 4 days instead of 5
| February 25,2012 01:49 pm IST
Total batch strength: 356
Total offers: 423
Number of offers per student (approx.): 1.
No. of slot zero offers: 108
Total number of offers during final placements: 198
No of international offers: 35
No. of companies: 83
No. of PPOs: 95
No. of laterals offers( for students with work experience): 130
Deferred placement: 1. (Pooja Mishra will be joining her own firm full time where she plans to expand her already established venture in the education sector. She has already setup one college in Rai Bareilly to promote education in rural India)
Although the placements were set to happen over five days (20th Feb to 24th Feb), the entire batch got placed by 4th day evening.
Despite the slowdown in the finance sector, IIM Calcutta maintained its position as the finance campus of the country. Offers were made across the major financial hubs of the world including New York, Zurich, Hong Kong, London, Singapore among others.
Zurich Financial Services, a major financial services group, recruited exclusively from IIM Calcutta (first time from any B-school in Asia) for its Zurich and New York offices. Bank of America Merrill Lynch hired exclusively for an international finance profile based out of Hong Kong. Capital One made an international offer for its Dallas (Texas) office. Duferco participated in the final placements for its trading role for the first time for its Lugano head office.
Other major recruiters in the finance domain included Goldman Sachs and Deutsche Bank. Among Indian investment banks, Edelweiss recruited from IIM Calcutta for its trading role. Banks like Development Bank of Singapore, ICICI Bank, HDFC Bank and Yes Bank recruited for their corporate banking and treasury divisions. Diverse roles were offered in the finance domain by companies like Ocwen Financial Corporation, JM Financial, RBI, CRISIL, UAE Exchange and IFMR Capital.
In line with expectations, all the major consulting companies were on campus recruiting in big numbers. BCG, McKinsey, Bain, A.T. Kearney, Accenture among others recruited in big numbers from IIM Calcutta. IBM Consulting participated in the final placements for the first time. Other recruiters in this sector included Opera Consulting and KPMG.
The sales and marketing sector saw participation from all the major sectors like FMCG, Media, Telecom, Pharmaceuticals among others. All the major recruiters in the FMCG domain like P&G, HUL, ITC, Kraft Cadbury, Nestle, Johnson & Johnson CP among others recruited in big numbers. ITC alone made 6 offers for sales and marketing roles. Renowned media houses like HT Media and Times Group recruited students for their Sales & Marketing divisions. Telecom companies like Airtel and Vodafone recruited in big numbers. Airtel offered roles for its Africa offices. Students opted for sales and marketing roles in pharmaceutical companies like Biocon , GSK Pharma and Novartis as well. Lenovo recruited for the first time from IIM Calcutta for its sales and marketing profiles.
Coveted roles in general management firms like TAS, Cairn, Mahindra and Mahindra were offered to students of IIM Calcutta. Ingersoll Rand, a first-time recruiter at IIM C, offered a unique opportunity in their Entrepreneur Creation Program which aims at grooming Entrepreneurs who will become channel partners of Ingersoll Rand.
1)Microsoft recruited for its Redmond head office (USA) exclusively from IIM Calcutta.
2)Plinga, a German gaming company, recruited exclusively from IIM Calcutta for its Berlin office.
Prof. Dhiman, the Placement Chairperson at IIM Calcutta, says, Despite the economic downturn, IIM Calcutta has been able to provide diverse opportunities to its students. The alumni played a very crucial role in this bad market scenario and were there to support us whenever we needed them. This shows the strength of brand IIM Calcutta very much in demand by recruiters, aided by a strong alumni base.