Finance Records Highest Placements at IIM-C
11 March 2011

All the students who participated in the placements process received job offers by the end of the fifth day


The finance sector ruled the final placements process at the Indian Institute of Management-Calcutta (IIM-C) with renowned firms making 31.3 percent of the offers.

"IIM-C 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," said Pritish Gandhi, Recruitment Coordinator, IIM-C.

"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 from firms like McKinsey and Company, Boston Consulting Group (BCG), Bain and Company and AT Kearney, Essex Lake Group, Goldman Sachs, Morgan Stanley and Royal Bank of Scotland," said Gandhi.

"This year Japanese Investment Bank and Daiwa Securities recruited exclusively from IIM-C and extended offers to six students," said Gandhi. "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.

The institute has also introduced "deferred placements" process this year, 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 three years.

 

Source: igovernment




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