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Kolkata, Oct 27 (IANS) The Indian Institute of Management (IIM) Calcutta concluded summer placements for the 62nd batch of its flagship MBA programme, recording 100 per cent placements, the institute said in a statement on Monday.
The institute completed its summer internship placements on October 17, securing 510 offers for 470 students.
According to the statement, the placement week for the 62nd batch was conducted in hybrid mode, where multiple cross-functional roles were offered by 183 recruiters across different sectors and industries.
The average monthly salary was Rs 1.85 lakh. The highest domestic salary was Rs 4.5 lakh per month. The highest international salary was Rs 6 lakh per month. The institute said the top 5 per cent of the institute’s students secured a monthly stipend of Rs 3.4 lakh per month.
Like previous years, IIM Calcutta saw participation from companies from all major sectors such as consulting, finance, FMCG, manufacturing, pharmaceuticals, software and technology.
While the institute received strong support from its old recruiters, many domestic and global companies participated as first-time recruiters.
The alumni base and network of the institute continues to provide patience to the placement process.
Professor Ritu Mehta, Chairperson of Placement Activities at IIM Calcutta, said, “The superior performance of the MBA students of the 62nd batch has resulted in yet another year of excellent summer placements. We are grateful to the recruiters for continuing to have faith in our students and trust our academic processes. Our endeavor at the Institute is to continuously ensure a smooth and robust placement process resulting in the best experience for both students and recruiters. Have satisfactory results.”
According to the institute, the cluster-cohort placement process that included various policies such as “Dream Offers” ensured a better fit for the student-recruiter, making the overall process beneficial for both recruiters and students.
–IANS
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