IIM Calcutta placements witness 25 percent rise in pay packages

The Indian Institute of Management (IIM) Calcutta recently conducted the placement process for its Post Graduate Programme for Executives (PGPEX). The campus placements saw a 25 percent increase in the salaries offered to the students, as compared to the 2014 placements.

This year, the batch of 2016 has secured an average pay package with a rise of 21.6 percent from last year’s placement process. The highest annual salary package has been offered at Rs 33.7 lakh this year, and the average salary of last year’s batch was Rs 22.69 lakh per annum.

A total of 55 companies came for the placement process, and these organisations extended 54 offers to 44 students. Most of the offers made by these companies were for the mid-management to the senior-management level of job posts. Out of the 44 candidates who were offered placements, one chose to leave the previous employer, while three candidates decided to continue working with their previous company.

As per the placement results, the maximum number of offers were made by Information Technology/Consulting firms and IT products. The recruitments were dominated by real estate firms, power and analytics companies, KPOs and BPOs. The least number of jobs were offered by the e-commerce firms, which only extended wight offers.

During the placement process, the maximum number of offers were extended by Snapdeal, Micromax, Accenture, Google, Dell, Ford Motors, Oracle, Microsoft, Amazon, CESC, Deloitte Touche, Atos Consulting and Omni Active.

IIM Calcutta started the PGPEX in 2007, it is a one year residential programme for executives. It provides mid-career professionals an opportunity to enhance their skill sets and achieve senior and top management roles in the industry.

Official Placement Report – https://programslive.iimcal.ac.in/placement-statistics-1

Credits : India Today

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