Kolkata: The finance
sector ruled the final placements process at the Indian Institute
of Management-Calcutta (IIM-C) with renowned firms from the field
making up 31.3 percent of the offers.
"IIM-Calcutta is known as the 'Finance Campus of India', and this
year the finance sector contributed the largest number of offers,
nearly 31.3 percent. Finance was closely followed by the
consulting and marketing sectors," Pritish Gandhi, recruitment
coordinator, IIM-C, told mediapersons here.
"International investment banks like UBS, Morgan Stanley,
Citigroup, Deutsche Bank and Bank of America hired students from
IIM-C. Students have already received pre-placement offers (PPO)
from firms like Goldman Sachs, Morgan Stanley and Royal Bank of
Scotland," said Gandhi.
"This year Japanese Investment Bank and Daiwa Securities recruited
exclusively from IIM-Calcutta and extended offers to six
students," said Gandhi
Consulting firms like Mckinsey and Company, Boston Consulting
Group (BCG), Bain and Company and AT Kearney and Essex Lake Group
also recruited exclusively from IIM-Calcutta during the March 3-7
final placement process.
"All 383 students who participated in the placement process had
successfully received job offers by the end of the fifth day,"
For students with considerable work-experience, lateral placements
in senior positions saw a huge increase of 57.6 percent in the
number of offers, up from 92 last year to 145 this year.
More than 50 firms participated in the lateral placement process,
including recruiters like Barclays Bank, Olam International,
Google, Microsoft, Amazon and Shell.
They hired in "unprecedented numbers" after modest hiring or
completely giving a miss to placements during the recession
period, said Gandhi.
The highlight of the lateral placement process was the
participation of private equity firm Gaja Capital, which recruited
exclusively from IIM-Calcutta and selected three students.
Additionally, MCap Fund Advisors also visited the campus for
The IIM-Calcutta this year also introduced "deferred placements"
process wherein students who want to pursue entrepreneurship, work
in social sector, join a government organisation involved in
national service or pursue higher education are allowed to sign
out of current placement process and join it anytime in the next 3