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IIM Calcutta Achieves Record Average Stipend of Rs 1.93 Lakh for Summer Placements
Sentiment: PositiveHigh Priority
What Happened?
IIM Calcutta's 63rd MBA batch secured a record average stipend of Rs 1.93 lakh, with all 475 students placed. The placements generated 546 offers from 156 companies.
Key points
- The MBA program's 63rd batch received 546 offers from 156 companies.
- Consulting accounted for 40.29% of total offers with 220 positions.
- Finance sector contributed 23.26% with 127 offers.
- General management and marketing roles made up 28.94% with 158 offers.
- 51 first-time participating companies joined the placement process.
Key insights
- The high average stipend may attract more applicants to IIM Calcutta's MBA program.
- Increased participation from first-time companies indicates growing industry interest.
- The strong performance in consulting roles highlights the sector's robust growth.
Why it matters
The record stipends reflect the strong demand for IIM Calcutta graduates in the job market.
Entities
IIM Calcutta· OrganizationAccenture Strategy· CompanyBain & Company· CompanyGoldman Sachs· CompanyAmazon· Company
Source
Times Now
