New Delhi: IIM-Calcutta has completed placements for its students of MBA class of 2020 with a record average salary of Rs 28 lakh per annum. The institute said 439 students have received 492 offers from 136 firms participating in the recruitment process. “The average annual salary package for top 10 per cent of the class was recorded at an all-time high of Rs 54.5 lakh,” a statement issued by IIMC said. Also Read - Less than 60 per cent engineers, management grads get campus placements, Parliament told
The average package of the top quartile of the class was at Rs 41.8 lakh per annum while the median salary stood at Rs 25.5 lakh, it said. Also Read - Over 3OO firms to take part in IIT-M campus placements
Continuing the trend witnessed in summer placements held in October 2019, the consulting sector was the largest recruiter with 31 per cent offers. The Boston Consulting Group, McKinsey & Co, Bain & Co, Kearney, PricewaterhouseCoopers and Accenture were the top recruiters in the segment. Also Read - Campus placement kicks in SRMIST; over 3000 offers made to students
Marquee finance, private equity and venture capital firms made 83 offers. Several established names such as Bank of America, Merrill Lynch, Barclays, Goldman Sachs, Arga Investment Management, Gaja Capital, JP Morgan Chase and others extended top roles to the 55th batch of the institute.
Top recruiters included Microsoft, Google, Salesforce, Amazon, Flipkart, Udaan, EXL Service, American Express, HCL, UnitedHealth Group (Optum) and Mastercard.