(This is a press release by IIM Calcutta External Relations Cell. The detailed report in the InsideIIM format will be released soon.)
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IIM Calcutta wrapped up its summer placements on the morning of 8th November 2013, successfully securing internship offers for all 465 students enrolled in the first year of its flagship management program. 155 firms recruited in all with 441 students securing job offers at the end of just 3 days – a feat, never achieved before in the history of all IIMs.
Despite the economic slowdown, the institute saw an unprecedented 282 offers in the first 2 days of the process itself (Slot 0) from the top firms across sectors. Leading banks like JP Morgan Chase, Bank of America Merrill Lynch, Royal Bank of Scotland, Citi Group, HSBC, Credit Suisse, Nomura, Goldman Sachs and Standard Chartered among others recruited for Investment Banking, Equities Research, Sales and Trading and Global Markets. McKinsey and Co, Boston Consulting Group, Bain and Co, AT Kearney, and Accenture Management Consulting were the top recruiters from the consulting domain.
Top FMCG recruiters like Hindustan Unilever Ltd, Proctor & Gamble, Mondelez International, Nestle, Asian Paints, Johnson and Johnson, Coca Cola, PepsiCo, L’Oreal, Kellogg’s offered roles in Marketing and Sales. TAS, Aditya Birla Group, Mahindra and Mahindra, Shell, Reliance Industries Limited, C K Birla Group, and Cairn Energy selected students for General Management roles.
Students also secured internship offers from global giants like Microsoft, Google and Amazon for multiple functions - Product Management, Operations, and Sales and Marketing.
This year’s placement season at IIMC was noteworthy as several niche finance roles were offered by financial services firms such as Macquarie Group, Multiples Equity, Mizuho Securities, Monsoon Capital and Clearwater Capital. Dalberg Global Development Advisors, a boutique advisory firm, was a first-time recruiter and hired exclusively from IIM Calcutta.
Unique roles were offered by recruiters like Bristol Myers-Squibb, Feedback Infra, Maersk Line, Eli Lilly and CEB. International roles were offered by Bank of America Merrill Lynch, Nomura, Goldman Sachs, MH Alshaya and Choppies Group.
The excellent placements this year are an affirmation by the industry of the high-standards of management education at IIM Calcutta. The placement process concluded in a record time of just over 3 days, with 100% of the batch securing summer internship offers from reputed organizations across industry sectors.
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