Summer Placements at IIM Calcutta Still Point to Finance Being the Preferred Sector

Summer Placements at IIM Calcutta Still Point to Finance Being the Preferred Sector

The Indian Institute of Management Calcutta has upheld its reputation as the top choice of recruiters again this year. The Summer Placement Process, which was scheduled from the 9th to the 14th of November has been completed with the entire batch of over 300 students being

offered the widest possible range of sectors and job profiles.

The students have been offered prestigious roles in investment banking, consulting, general management, marketing, media and private equity. The students this year have had more options to choose from and have accepted offers from a variety of sectors and profiles. The total number of companies this year has risen to the highest-ever level with around 110 companies participating in the placement process, a testimony to the foresight and planning followed by IIM Calcutta in proactively countering the effects of the global meltdown in the recruitment market.

Slot 0 at IIM-C saw excellent placements with around a 100 students being placed. The prestigious Slot 0 saw companies such as Goldman Sachs, Morgan Stanley, Merrill Lynch, McKinsey, Macquarie, AT Kearney, BCG, Bain, HSBC Global, JP Morgan Chase, Barclays Capital, Deutsche Bank, RBS, Rothschild and French investment bank, Calyon, amongst many others. Merrill Lynch, Morgan Stanley, Royal Bank of Scotland preferred to recruit the highest number of students from IIM Calcutta. Morgan Stanley London and two of the biggest names in Swiss banking, UBS and Credit Suisse, chose to recruit exclusively from IIM Calcutta.

The locations on offer include the United States, Europe, Australia, Hong Kong, Singapore, the Middle East and all major locations in India.

Day 0 investment banks made 58 offers, while the consulting offers stood at 16. Offers also came in from a variety of domains, and included openings in retail, general management, marketing and commercial banking. Some of the major marketing names this year included P&G, Unilever, Diageo, Pepsi, Nestle and ITC among others. New firms on campus included Yahoo!, Amazon, Provogue, DHL Logistics, Reebok, Century Ply and the Mahindra Group. Adding to the diversity of profiles on offer, for the first time ever, IIM Calcutta has had start-ups, online ventures and micro-credit institutions. HT Media, Times Group and Star TV attracted students interested in being part of the emerging media sector.

The sector wise break-ups have been more rounded this time with marketing, finance, media, logistics and supply chain management, general management, public sector undertakings and analytics firms all attracting interest from the students this year. The trend this time points to finance still being the preferred sector of choice, but marketing has also seen an increase along with consulting.

Concluded.

Contributed by -
External Relations Secretaries,
IIM Calcutta.

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