IIM Calcutta places batch of 2011
Placements at IIM Calcutta ended in style with the 388 strong batch of 2011 grabbing lucrative job offers within 5 days of the placement process.
As the first day unfolded, finance, considered IIM Calcutta’s stronghold, saw a manifold increase in the number of offers made compared to last year, with investment banks like UBS, Morgan Stanley, Citigroup, Deutsche Bank and HSBC picking up many students. The offers were for desks across the globe including Singapore.
Students had already received pre-placement offers from firms like Goldman Sachs, Morgan Stanley,
Barclays Capital, Royal Bank of Scotland, JP Morgan and Credit Suisse. Daiwa Securities, a Japanese
investment bank, recruited 6 students exclusively from IIM Calcutta this year.
Consulting firms made the most number of offers on day 0, with the usual favorite Mckinsey & Co
making 13 offers including 4 pre-placement offers (the highest number of offers made by the firm at
any campus in the country). The firm recruited for its Singapore, Sydney and India offices. BCG, Bain
& Co and AT Kearney recruited in large numbers as well. Essex Lake group, a global consulting firm,
recruited exclusively from IIM Calcutta as well.
IIM Calcutta went into the final placements with 230+ offers already in hand, including figures from
pre-placement offers and the laterals process. The high point, though, was not just the numbers but
the varied and interesting profiles offered to the students. Private Equity firm Gaja Capital hired for the first time at IIM Calcutta and made 3 offers. Customer solutions firm DPDHL hired a student for an
in-house consulting role for its office in Miami as well.
After a great start on the first day, the placements continued the good run on the second and third
days of the Final Placement session for the batch of 2011.
The second day saw 23 companies coming to campus to hire the talented bunch of students.
FMCG behemoth Procter and Gamble made 11 offers including pre-placement offers, in their sales
and marketing roles, including roles in Singapore. Dabur made an international New Business
Development offer for their Dubai operations. Marketing roles were also offered by Hindustan
Unilever, ITC, J&J Consumer Products, Nokia and Kraft Cadbury.
Tata Administrative Services (TAS) recruited 5 students for their business leadership program,
including pre-placement offers. Consulting offers were also made by Feedback Ventures, Hewitt, EXL
services.
As always, finance remained a stronghold in the placement session. Indian investment banks like ICICI
Securities, India Infoline, Allegro hired students while international banks included HSBC, Standard
Chartered, Development Bank of Singapore. ICICI also made 19 offers including 6 in the M&A and
Treasury roles. Bloomberg also was back to hire from campus after the downturn.
The third day was packed with firms from various sectors with finance and telecom majors
dominating the day’s proceeds. Bharti Airtel and Yes Bank with 8 and 7 offers respectively were the
biggest recruiters of the day. Credit rating agency CRISIL also participated in the placement process
for the first time and specifically selected students for strategy roles. KPMG, PWC, Vodafone, Aircel,
Asian Paints, Castrol were some of the other companies that participated in the 3rd day. The following
day saw the participation of Indian corporate giants like RPG, Tata Steel, Raymond, Bajaj. Students
with an entrepreneurial inclination have been picked up by firms like Flipkart for multiple roles.
A special highlight was International market research firm Nielsen selecting a student for their emerging leadership program in the finance domain.