IIM Calcutta Placements 2023 Average Package: INR 35.07 LPA & Highest Package: INR 65 LPA

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IIM Calcutta Placements 2023 Average Package: INR 35.07 LPA & Highest Package: INR 65 LPA

IIM Calcutta Placements 2023 was conlcuded on 24 February, 2023. IIM Calcutta average package stood at INR 35.07 LPA and the median package stood at INR 33.67 LPA with top 25% students was offered an average package of INR 50.86 LPA. A total of 573 offers were made to 58th MBA batch of IIM Calcutta. The highest number of offers were made in the consulting sector (232) followed by finance sector (86).

The institute has also concluded the 2024 summer internship placement drive. 470 students received 540 internship offers. The average stipend stood at INR 2.59 Lakhs per month & the median stipend stood at INR 2 Lakhs per month. Finance & Consulting were the major functions in which students were placed.

To know more click here IIM Calcutta Courses & Fees

Table of Content

  1. IIM Calcutta Placements 2023 Report
  2. IIM Calcutta Placements 2023 Sector Wise
  3. IIM Calcutta Placements 2022 Report
  4. IIM Calcutta Placements 2022 Salary Statistics
  5. IIM Calcutta Placements 2022 Sector - Wise
  6. IIM Calcutta Placements 2022 Cluster - Wise
  7. IIM Calcutta PGDBA Placements 2022

7.1 IIM Calcutta PGDBA Placements 2022 Salary Statistics

7.2 IIM Calcutta PGDBA Placements 2022 Top Recruiters

  1. IIM Calcutta Placements Year - Wise Trends
  2. IIM Calcutta Placements 2022 Top Recruiters
  3. IIM Calcutta Placements 2022 Batch Profile
  4. ??IIM Calcutta MBAEx Placement 2021

11.1 IIM Calcutta MBAEx Placement 2021 Sector-Wise

11.2 IIM Calcutta MBAEx Placement Year-Wise

  1. IIM Calcutta Summer Internship Placements 2024 Report
  2. IIM Calcutta Summer Internship Placements 2023 Sector-Wise
  3. IIM Calcutta Summer Internship Placements 2022 Function-Wise
  4. IIM Calcutta Placement 2021 Analysis

15.1 IIM Calcutta Placement 2021 E-Commerce: Highest CTC: 25-35 LPA

15.2 IIM Calcutta Placement 2021 Finance: Highest CTC: 70-100 LPA

15.3 IIM Calcutta General Management Placement 2021: Highest CTC: 26-27 LPA

15.4 IIM Calcutta Sales and Marketing Placement 2021: Highest CTC: 80 LPA

  1. IIM Calcutta Summer Internship Placements 2024 Report
  2. IIM Calcutta Placement FAQs

IIM Calcutta Placements 2023 Report

Particulars Placement Statistics 2023
Total Number of offers 573
Average Package INR 35.07 LPA
Median Package INR 33.67 LPA
Top 25% Students Average Package INR 50.86 LPA
Major Sector Consulting and Fiance
Top Recruiters Adobe, Flipkart, Amazon, BCG, Goldman Sachs

To know more click here IIM Calcutta Admission 2023

IIM Calcutta Placements 2023 Sector Wise

The following table represents the sector wise placements for the batch 2023 at IIM Calcutta:

Sectors Number of Offers
Consulting 232
Finance 86
General Management 82
Sales & Marketing 52
Software Services and E-Commerce 30

IIM Calcutta Placement

IIM Calcutta Placements 2022 Report

Particulars Placement Statistics 2021 Placement Statistics 2022
Total Number of Students 467 479
Number of Recruiters 172 192
Number of Offers 520 640
Highest CTC (International) INR 87.36 LPA -
Highest CTC (Domestic) INR 60 LPA -
Average CTC INR 28.75 LPA INR 34.2 LPA
Median CTC INR 27 LPA INR 31 LPA
Major Sectors Consulting, IT & E-Commerce Consulting
Top Recruiters BCG, ITC, P&G, Flipkart Amazon, Flipkart, Microsoft

In the placement drive of 2022, 192 companies made 640 offers to 479 students and the average CTC stood at INR 34.2 LPA whereas the median CTC stood at INR 31 LPA and maximum number of offers were made in the consulting domain. 

Some of the top recruiters including Amazon, Flipkart, Microsoft and many others participated in the placement drive.

During the placement drive of 2021, 520 Job offers were offered by the 172 recruiters to 467 students.

The below table represents the placement comparison of top IIMs:

IIMs Highest Salary Average Salary Median Salary
IIM Bangalore - INR 33.8 LPA INR 31.2 LPA
IIM Lucknow INR 61.59 LPA INR 31.03 LPA INR 29 LPA
IIM Ahmedabad $1,50,297 - INR 36.2 LPA

IIM Calcutta Placements 2022 Salary Statistics

The below table represents the salary statistics of IIM Calcutta Placements 2022:

Particulars Salary Statistics
Top 5% Average Salary INR 64.99 LPA
Top 10% Average Salary INR 57.40 LPA
Top 15% Average Salary INR 54.43 LPA
Top 20% Average Salary INR 51.31 LPA
Top 25% Average Salary INR 48.39 LPA
Top Top 50% Average Salary INR 41.35 LPA

During IIM Calcutta MBA Placements 2022, top 5% average salary stood at INR 64.99 LPA, top 10% average salary stood at INR 57.40 LPA, top 15% average salary stood at INR 54.43 LPA, top 20% average salary stood at INR 51.31 LPA, top 25% average salary stood at INR 48.39 LPA & top 50% average salary stood at INR 41.5 LPA.

IIM Calcutta Placements 2022 Sector - Wise

The below table represents the domain - wise statistics of IIM Calcutta Placements 2022:

Sectors Percentage of Students Placed
Consulting 51.2%
Finance 17.9%
Product Management 14.6%
General Management 6.9%
Marketing 6.2%
Operations 3.2%

During IIM calcutta Placements 2022, the highest number of students were placed in the Consulting sector followed by the Finance sector.

IIM Calcutta Placements 2022 Cluster - Wise

The below table represents the cluster - wise data of IIM Calcutta Placements 2022:

Particulars Cluster 1 Cluster 2 Cluster 3
Number of Recruiters 75 - 49
Number of Offers 401 201 -
Cohorts Asset Management, Investment Banking & Markets, Private Equity & Venture Capital, Management & Advisory Consulting etc Conglomerates, FMCG, E-Commerce & Software Services, FinTech, Food, Drinks & Breweries  IT Services, Banking & Internet Services, Research & Advisory, Analytics, Manufacturing, Startups & Local Organizations
Recruiters Avendus Capital, Citi Bank, D.E Shaw, HSBC, JP Morgan etc Adobe, Godrej Properties, Hindustan Unilever, ITC, Loreal, Nestle, Procter & Gamble etc ICICI Bank, Licious, Pharmeasy, Tata Communications, Times Group etc 

During IIM Calcutta Placements 2022, 75 recruiters participated in the Cluster 1 & made 401 placement offers. Offers were made across various cohorts like Asset Management, Investment Banking & Markets, Private Equity & Venture Capital, Management & Advisory Consulting etc.

During the Cluster 2 of the placement drive, students received 201 placement offers from cohorts like Conglomerates, FMCG, E-Commerce & Software Services, FinTech, Food, Drinks & Breweries.

49 firms participated during the CLuster 3 of the placement drive & made offers across cohorts like IT Services, Banking & Internet Services, Research & Advisory, Analytics, Manufacturing, Startups & Local Organizations.

IIM Calcutta PGDBA Placements 2022

The below table represents the highlights of IIM Calcutta PGDBA Placements 2022:

Particulars Placements Statistics 2022
Number of Recruiters 36
Number of New Recruiters 15
Percentage of PPOs 77%
Highest Salary INR 42.5 LPA
Average Salary INR 29.71 LPA
Median Salary INR 28 LPA
Top Recruiters Accenture, Adani, BCG, BNY Mellon, DE Shaw & Co

During IIM Calcutta PGDBA Placements 2022, 36 recruiters participated including 15 new recruiters. Some of the top recruiters included Accenture, Adani, BCG, BNY Mellon, DE Shaw & Co etc. The PPO conversion percentage was 77%.

The highest salary offered was INR 42.5 LPA. The average salary stood at INR 29.71 LPA & the median salary stood at INR 28 LPA. 

Also check IIM Calcutta Cutoff

IIM Calcutta PGDBA Placements 2022 Salary Statistics

The below table represents the salary statistics of IIM calcutta Placements 2022:

Particulars Salary Statistics
Average Salary of Freshers INR 26.25 LPA
Average Salary of Experienced Students INR 29.95 LPA
Top 20 Percentile Average Salary INR 39.7 LPA
Top 30 Percentile Average Salary INR 36.2 LPA
Top 50 Percentile Average Salary INR 33.1 LPA
Top 70 Percentile Average Salary INR 31.5 LPA

During IIM Calcutta PGDBA Placements 2022, the average salary stood at INR 26.25 LPA for the freshers & INR 29.95 LPA for the experienced students. Top 20 percentile average salary stood at INR 39.7 LPA, top 30 percentile average salary stood at INR 36.2 LPA, top 50 percentile average salary stood at INR 33.1 LPA & top 70 percentile average salary stood at INR 31.5 LPA.

IIM Calcutta PGDBA Placements 2022 Top Recruiters

IIM Calcutta PGDBA Placements 2022 Top Recruiters

IIM Calcutta Placements Year - Wise Trends

The below table represents the year - wise placement trends of IIM Calcutta:

Particulars Placements Statistics 2020 Placement Statistics 2021 Placement Statistics 2022
Total Number of Students 444 467 479
Number of Recruiters 150 172 192
Number of Offers 498 520 640
Highest Salary INR 80 LPA INR 87.36 LPA -
Average Salary INR 27.8 LPA INR 28.75 LPA INR 34.2 LPA
Median Salary INR 25.1 LPA INR 27 LPA INR 31 LPA

During IIM Calcutta Placements 2022, the following trends have been observed:

  • The number of recruiters increased from 172 to 192.
  • The number of offers increased from 520 to 640.
  • The average salary increased from INR 28.75 LPA to INR 34.2 LPA.
  • The median salary increased from INR 27 LPA to INR 31 LPA. 

IIM Calcutta Placements 2022 Top Recruiters

IIM Calcutta Placements 2022 Top Recruiters

IIM Calcutta Placements 2022 Batch Profile

The below info - graph represents the 2020-22 batch profile of IIM Calcutta:

IIM Calcutta Placements 2022 Batch Profile

The 2020-22 batch comprised a total of 480 students. The female & male ratio was 35:65. 35% of the batch were freshers & rest of the students had previous work experience. The average work experience of the batch was 15.8 months. More than half of the batch were from B.Tech background.

IIM Calcutta MBAEx Placement 2021

The following table represents the MBAEx placement statistics of 2021:

Particulars Statistics
Batch 2020-21
Number of Offers 58
Highest Salary INR 87.36 LPA
Average Salary INR 28.75 LPA
Median Salary INR 26 LPA
Y.O.Y Increase in Average Salary 9.56%
Y.O.Y Increase in Median Salary 6.51%
Major Sectors IT and E-Commerce
Top Recruiters Axis Bank, NISG, Virtusa

In the placement drive of 2021, 58 Job offers were offered and there was a 9.56% increase in the average salary and 6.51% increase in the median salary.

During the placement drive of 2021 for the executive MBA the highest CTC stood at INR 87.36 LPA and the average CTC stood at INR 28.75 LPA whereas the median CTC stood at INR 26 LPA.

Some of the top recruiters includes Axis Bank, NISG, Virtusa and the maximum number of jobs were offered in the IT and E-Commerce sector.

IIM Calcutta MBAEx Placement 2021 Sector-Wise

Sectors Number of Offers Percentage of Students Placed
IT 34 58.6%
E-Commerce 7 12.1%
Consulting 5 8.6%
Finance 4 6.9%
Healthcare 2 3.4%
Logistics 2 3.4%
Civil and Railways 1 1.7%
Engineering 1 1.7%
Marketing 1 1.7%
Operations 1 1.7%

IIM Calcutta MBAEx Placement Year-Wise

The following table represents the year wise placement trends of IIM Calcutta:

Particulars 2019 2020 2021
Number of Students 66 62 62
Number of Offers 62 64 58
Highest Salary INR 124.90 LPA INR 77.60 LPA INR 87.36 LPA
Average Domestic Salary INR 26.98 LPA INR 26.24 LPA INR 28.75 LPA
Median CTC INR 23 LPA INR 24.41 LPA INR 26 LPA

Also check IIM Calcutta Ranking

IIM Calcutta Summer Internship Placements 2024 Report

Particulars Internship Statistics (2020-22) Internship Statistics (2021-23) Internship Statistics (2022-24)
Number of Students 473 476 470
Number of Offers 482 550 540
Number of Recruiters 141 142 -
New Recruiters 43 - -
Top 25% Average Stipend 2.24 INR 2 Lakhs -
Average Stipend INR 1.16 Lakhs INR 1.4 Lakhs INR 2.59 Lakhs
Median Stipend INR 1.25 Lakhs - INR 2 Lakhs
Major Function Sales & Marketing and Finance Finance and Consulting Finance & Consulting
Top Recruiter Accenture, Google, Amazon Bank of America, Accenture Strategy Amazon, Apple, Hotstar

The institute has concluded its summer internship placements for the passing out batch of 2024 and 470 students received around 540 offers.

In the summer internship placements of 2024 the average stipend stood at INR 1.59 Lakhs and top 25% students were offered the highest stipend of INR 2.24 Lakhs per month.

During the summer internship placement drive of 2023, around 50% of the students were offered internships in the Finance and consulting sector and some of the top recruiters like Bank of America, Accenture Strategy, Nestle, Disney, Tata offered internships.

Also check IIM Calcutta Scholarship 

IIM Calcutta Summer Internship Placements 2023 Sector-Wise

The following table represents the sector wise summer internship placements of batch 2023:

Sectors Percentage of Students Offered Internships
Finance and Consulting 50%
Sales & Marketing 19%
General Management 13%
E-Commerce and Software Services 10%

In the Summer internships placement drive of 2023, the Finance sector offered internships to 121 students whereas 120 students were offered internships from the Consulting Sector.

IIM Calcutta Summer Internship Placements 2022 Function-Wise

The following pie chart represents the the function wise summer internship placements of 2022:

IIM Calcutta Summer Internship Placements 2022 Function-Wise

It can be seen that, the maximum percentage of students were offered internships in the Consulting function (23%) followed by Sales and marketing function (20%).

Also check IIM Calcutta News & Articles

IIM Calcutta Placement 2021 Analysis

The following represents the placement data acquired by the Collegedunia team from IIMC students:

As per the students, 64+ Recruiters Participated In The Day-1 Of The Final Placement Process At IIM Calcutta, Extended 500+ Offers To MBA Class Of 2021. The following graph represents the sector-wise number of recruiters:

Sector Number of Recruiters
E-Commerce 4
Finance 23
Consulting 9
General Management 8
Sales & Marketing 20

The maximum number of recruiters were from the Finance sector followed by the Sales & Marketing sector.

IIM Calcutta Placement 2021 E-Commerce: Highest CTC: 25-35 LPA

The following table represents the Placement report from the E-Commerce Sector:

Company Role CTC (INR) No. of Students
Amazon Product, Ops, Program 25 and 35 LPA 10-12
Flipkart Product 25-30 LPA 3-4
Udaan Category, Product, Program 20 LPA 2-3
Paytm Product, Category 18-20 LPA 1-2

The highest CTC under the E-Commerce sector was INR. 25-35 LPA offered by Amazon followed by Flipkart.

IIM Calcutta Placement 2021 Finance: Highest CTC: 70-100 LPA

The following table represents the Placement report from the Finance Sector:

Company Role CTC (INR) No. of Students
Avendus IB, Credit Solutions 40 LPA 5-6
Credit Suisse IB, Markets 35 LPA 8-10
Gaza Capital PE/VC 70 LPA 1
Goldman Sachs IB, Risk Mgmt, Asset Mgmt 35 LPA 18-20
Edelweiss Treasury, Asset Management 19-20 LPA 4-5
ICICI Bank Corporate Banking, 20-22 LPA ?
FinIQ Quant, Product, Business Development 20-22 LPA 3-4
Citi IB, Corp Banking, Commercial Banking, Markets 32- 34 LPA 15-17
Bajaj Finserv Product 25 LPA 5-6
BAML Relationship Management, Trading, Markets 40-45 LPA 4-5
Prime Venture Partners PE/VC 19 LPA 1-2
Kotak Mahindra IB, Corp Banking, Commercial Banking, Markets 18-20 LPA 2-3
SAIF Partners PE/VC 70 - 100 LPA 1
Motilal Oswal Asset Management 16-17 LPA 2-3
J P Morgan IB, Risk 32-34 LPA 13- 15
TrueNorth PE/VC 25 LPA 2-3
India RF Restructuring 30 LPA 2-3
HUL Corporate Finance 27-28 LPA 2-3
Airtel Corporate Finance 26-27 LPA 2-3
R&B Corporate Finance 24-26 LPA 2-3
Loreal Corporate Finance 22-24 LPA 2-3
Reliance Treasury 24-25 LPA 1-2
Colgate Palmolive Corporate Finance 26-27 LPA 1-2

The highest CTC under the Finance sector was INR. 70-100 LPA offered by SAIF Partners followed by Gaza Capital.

IIM Calcutta General Management Placement 2021: Highest CTC: 26-27 LPA

The following table represents the Placement report from the General Management Sector:

Company Role CTC (INR) No. of Students
ABG Group Leadership 24-25 LPA 4-5
Adani Management Trainee 20-21 LPA 10-12
Vedanta Management Trainee 21-22 LPA 1-2
RPG Management Trainee 19 LPA 4-6
Capgemini ELITE 19-21 LPA 2-3
Mahindra GMC GMC 26-27 LPA 3-4
TAS TAS Manager 24-25 LPA 2-3
C K Birla Group Management Trainee 22-23 LPA 4-5

The highest CTC under the General Management sector was INR. 26-27 LPA offered by Mahindra GMC followed by TAS and ABG.

IIM Calcutta Sales and Marketing Placement 2021: Highest CTC: 80 LPA

The following table represents the Placement report from the Sales and Marketing Sector:

Company Role CTC (INR) No. of Students
HUL Sales and Marketing 26-27 LPA 2
ITC 24 LPA 2
Mondelez 22-23 LPA 2-3
P&G 26-27 LPA 5
Colgate Palmolive 26-27 LPA 1-2
Johnson & Johnson 21-22 LPA 1-2
FIITJEE 80 LPA 16
Asian Paints 22 LPA 2-3
Coca Cola 21-22 LPA 2-3
Nestle 22-24 LPA 2-3
Airtel 22-23 LPA 2-3
Vodafone 21-22 LPA 2-3
Samsung 21-22 LPA 2-3
Dabur 21-22 LPA 2-3
Lenovo 20-21 LPA 2-3
CavinKare 22-24 LPA 2-3
Loreal 22-24 LPA 2-3
Kimberley Clark 20-22 LPA 2-3
General Mills 20-22 LPA 2-3
Ab InBev 22-23 LPA 2-3

The highest CTC under the Sales and Marketing sector was INR. 80 LPA offered by FIITJEE.

The following graph represents the highest CTC offered under each sector-

Check Comprehensive Guide To Solve Guesstimates Questions In An Interview

IIM Calcutta Placements Alumni Network

Name of Organizations Number of Alumni
Accenture 877
Deloitte 630
Amazon 488
Boston Consulting Group 177
McKinsey & Company 157

IIM Calcutta Placements FAQs

Ques. How many offers were received during IIM Calcutta Placements 2022?

Ans. The recruiters made a total of 640 placement offers during IIM Calcutta Placements 2022.

Ques. How many recruiters participated in IIM Calcutta Placements 2022?

Ans. 192 recruiters participated in IIM Calcutta Placements 2022.

Ques. Which recruiters participated in IIM Calcutta Placements 2022?

Ans. Recruiters like Amazon, Microsoft, BNY Mellon, Accenture etc participated in IIM Calcutta Placements 2022.

Ques. What was the highest salary offered during IIM Calcutta Placements 2022?

Ans. The highest salary stood at INR 42.5 LPA during IIM Calcutta Placements 2022.

Ques. What was the average salary offered during IIM Calcutta Placements 2022?

Ans. The average salary stood at INR 34.2 LPA during IIM Calcutta Placements 2022.

Ques. What was the median salary offered during IIM Calcutta Placements 2022?

Ans. The median salary offered was INR 31 LPA during IIM Calcutta Placements 2022.

Ques. How were PGDBA placements at IIM Calcutta?

Ans. During IIM Calcutta PGDBA Placements 2022, 36 recruiters participated including 15 new recruiters. Some of the top recruiters included Accenture, Adani, BCG, BNY Mellon, DE Shaw & Co etc. The PPO conversion percentage was 77%. The highest salary offered was INR 42.5 LPA. The average salary stood at INR 29.71 LPA & the median salary stood at INR 28 LPA.

Ques. From which sector, the highest number of offers were made during IIM Calcutta Placements 2022?

Ans. The highest number of offers were made from the Consulting sector during IIM Calcutta Placements 2022.

Ques. What was the average stipend offered during IIM Calcutta Summer Internship Placements 2024?

Ans. The average stipend stood at INR 2.59 lakhs per month during IIM Calcutta Summer Internship Placements 2024.

Ques. What was the median stipend offered during IIM Calcutta Summer Internship Placements 2024?

Ans. The median stipend stood at INR 2 lakhs per month during IIM Calcutta Summer Internship Placements 2024.

Ques. How many internships were received during IIM Calcutta Summer Internship Placements 2024?

Ans. Students received 540 internship offers during IIM Calcutta Summer Internship Placements 2024.

IIM Calcutta Highest and Average Package

Highest PackageAverage Package
1.15 Cr
35.07 L
023.0 Lakhs46.0 Lakhs69.0 Lakhs92.0 Lakhs1.1 Crore

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IIM Calcutta: 26 Answered Questions

How is SPJIMR's placement report better than IIMs including IIM Calcutta and as good as IIM Ahmedabad (both Average and Median)?

Debasmita DeyPGP from Indian Institute of Management Bangalore

This year's average annual salary of SPJMIR (cost-to-company) is INR 32.05 lakhs per annum, representing a 23% increase over last year's figure. The median annual salary was INR 30.10 lakhs per year, with over 59 percent of the batch receiving offers in excess of INR 30 lakhs per year and over 87 percent receiving offers in excess of INR 25 lakhs per year.

With the increasing intake of consulting firms, offers were extended to 91 students, the highest number ever reported by SPJIMR for a batch. Accenture Strategy, Alvarez & Marsal, Bain & Co., Boston Consulting Group, Deloitte, GEP, KPMG, Miebach, and PwC US Advisory were among the companies that took part.

According to the Indian Placements Reporting Standards (IPRS) audited report of IIM Ahmedabad placements 2021, the average salary offered to the PGP/MBA batch 2019-21 was INR 27.54 lakh per annum. The highest annual salary offered was INR 55.00 lakh, while the highest international salary offer was INR 1.16 crore. The average annual international salary offer was INR 74.80 lakh. 

Every year, SPJIMR includes some additional component in addition to the MEP (MEP already includes non-cash, long-term, and performance-linked components as per IPRS standards), whereas IIMA does not.

Yes, SPJIMR benefits from NO reservation, a Mumbai location, and a smaller batch size, all of which contribute to a good placement record and a high average salary.

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Are placements at IIM Calcutta as good as that of IIM Ahmedabad?

Rajesh GuptaMBA from Indian Institute of Management Calcutta (2019)

Yes, IIM Calcutta placement statistics are similar to that of IIM Ahmedabad. The placement average for both campuses is 100% and similar salary packages are offered. During the 2022 placement drive the median CTC offered at IIM Ahmedabad was INR 36.2 LPA. For IIM Calcutta, the average CTC offered this year was INR 34.2 LPA. 

Students of IIM C prefer Investment Banking and PE more, this is why the placement rate for consulting is lower. 

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What are the placement prospects for PGDBA IIMC?

Shivam AroraMBA at IIT Kharagpur(2019)

Analytics has had good demand in the industry in recent years, so, you do not need to worry about placement for PGDBA at IIMC. One of my seniors from school was in the first batch of IIMC PGDBA. She had a great learning experience there. A few important details about the placement prospect at IIMC are discussed below according to her experience. 

Achievements: 

  • Students from the first batch of PGDBA at IIMC received AIR 1 in the Data Science Game (a global contest of students at kaggle) along with a worldwide rank of 13th that made them eligible for the championship. 
  • Some of them indulged in Kaggle and published in research papers. They also won a competition on Analytics at IIMB. 
  • Students from the next batch of PGDMB also performed well in NASSCOM one.
  • The institute has great industry inception with a few reputed MNCs from the very beginning of the course PGDBA. 

To know more about the placement at IIMC you can visit the PGDBA page (Post Graduate Diploma in Business Analytics- PGDBA) and swap up the blogs.

PGDBA Placement Statistics, 2018-20:

Highest CTC

INR 1.72 LPA

Average CTC

INR 1.33 LPA

So, it is safe to say that the IIMC PGDBA program has great placement prospects.

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What are the final placement stats for the PGDBA (jointly offered by ISI Kolkata, IITKGP and IIM Calcutta)?

Samarth DebStudied in ISI Kolkata

Despite the economic slowdown, the Post Graduate Diploma in Business Analytics (PGDBA) program offered jointly by IIM Calcutta, ISI Kolkata, and IT Kharagpur witnessed a growth in the average and median remuneration of students from the previous year. The average remuneration and median remuneration grew by 12.75% and 14%, respectively, with an average salary of INR 29.71 LPA achieved and the highest offer of INR 42.50 Lacs. Additionally, 77.41% of the class received full-time job offers (PPO).

The PGDBA program is a rigorous academic program that spans three semesters, with each semester being held at one of the three premier institutes. During the coursework at ISI Kolkata, students develop expertise in statistical learning theories for analytics, while at IT Kharagpur, they apply these theories to Machine learning and Artificial intelligence. At IIM Calcutta, candidates learn how to utilize these tools in functional areas of management.

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How do I get a package of 30 lakhs in the field of marketing, post MBA from IIMA/B/C, FMS, MDI, SPJIMR, and IIFT?

Saransh ShahMBA Finance, S. P. Jain Institute of Management and Research (2020)

While many may shed their philosophies on how getting a high package should not be your ultimate goal and stuff, I am here with a different opinion. When you are investing a huge amount of money it is only right to expect a greater monetary benefit and a better lifestyle. So I have mentioned some techniques that will help you land a package of 30 LPA specifically in the field of marketing post-MBA from IIM ABC, FMS, MDI, SPJIMR, and IIFT.

  • The first thing you need to do is lower your expectations as no marketing placements offer a package higher than 25 LPA. These highest offers are made by top firms like Reckitt Benckiser, HUL, P&G, and Asian Paints.
  • You need to figure out what you really are after, a good marketing role or a high-paying job. If you are after the latter I suggest you go for big consulting firms like Mc Kinsey, BCG, or investment banks that offer 30+ LPA.
  • But if it is the marketing role you are after, then make sure your resume reflects your marketing enthusiasm. This will further increase your chances of selection.
  • Performing well in the competitions conducted by your desired company is another way to get a high-paying job. 
  • If the Final Placements are your last resort then make sure you have a stable and excellent CGPA. Many companies consider this factor while shortlisting.

These points will help you get your dream job but cannot necessarily guarantee it. It all ultimately depends on your efforts and obviously your luck.

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How good is placement at ISB, Hyderabad compared to IIMs (since number of students are much more in ISB, leading to tough competition)?

Kumar AnshulPGP from Indian School of Business (2023)

When comparing the placements of the two, ISB and IIMs, the batch size hardly matters because both institutes market different products. The background and profiles of students of both institutes are too versatile to draw comparisons. If I roughly divide the ISB students and the kind of placement scenario they face then

  • 90% of students get their dream jobs in the desired sector and company 
  • 10% of the students get jobs that are below their expectations but not worse enough to forgo the offers

So the batch size does not matter here and ISB Hyderabad placements are themselves quite satisfactory.

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Can a person graduating from IIMs like LIK and even the new IIMs like Ranchi and Trichy ever catch up to the graduates from ABC and get a similar package?

Sugandhi Sood
Hardik NagarSenior Consultant at Oracle (company)

There are three categories in which the answer can be seen:

  • Students who have graduated from IIM LIK can catch up to IIM ABC relatively easily or may end up at the same level by the end of their postgraduate program. IIM Trichy will eventually catch up with IIM LIK, though it may take around 5 years. IIM Ranchi, on the other hand, will take longer to reach the same level.
  • IIM LIK catching up with IIM ABC may take 3-8 years. With the presence of good FMCG/Consulting/Financial Services Companies, a jump or two could bring them to the same level. IIM Trichy and Ranchi will take a very long time to catch up with IIM ABC in this category.
  • The top 10% of students from IIM LIK and IIM ABC evolved as toppers after at least 18 months of hard work. There will be a significant difference between anyone in this category, regardless of whether they are from IIM ABC or LIK. While there may be a difference in starting packages due to the reputation of the institute, it will be made up for in subsequent years. It is not clear how long it will take for students from IIM Trichy or Ranchi to reach this level.
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How are the placements for engineers with no work experience at the IIMs, FMS Delhi and XLRI?

Veda Burman
Tarun AnandMBA in Finance, Faculty of Management Studies, University of Delhi (Graduated 2019)

The two most important factors considered by recruiters during Placements at IIM ABC/FMS/XLRI are

  1. Brand of UG College - SRCC/Old IITs/BITS/CA
  2. High Academics - University RankHolders, City Toppers in Boards, or at least Department Rank Holders with 8.5+ in Engineering. 

MBA scores are of much importance during Final Placements but are Not available during summer placement.

If you have passed the above criteria, you are most likely to land any job. Still, I have segregated the roles that require work experience and the roles that do not.

Roles that require work experience 

  • Operations/Supply chain/product management. 
  • Any role will require work experience if your above 2 criteria are not up to the mark.

Roles that do not require work experience 

  • Consulting
  • Investment Banking
  • PE/VC
  • Marketing 
  • Corporate Finance roles

So most of the jobs do not require work experience. Even if they do only non-engineering work experience is of value unless you want to go into Operations/Supply chain/product management.

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How much does the graduation score effect in placements (summer and final) of IIMs (IIM C in precise) and FMS, Delhi? Will 68% in UG will be a hurdle for me in placements?

Dheeraj JainMBA in Master of Business Administration Degrees & Marketing, Vienna University of Economics and Business (Graduated 2017)

Let’s consider the effect of graduation scores in summer and final placements separately.

Summer Placements:

 During these placements, the recruiters don’t have your MBA profile to judge you. So they have to take your graduation score, past academics, and other criteria into consideration. The summer placements are largely based on what the candidate has achieved till the time he joined his/her MBA program. This is exactly why placement committees request that students utilize the time before joining the institute to improve their resumes. You can upscale yourself with work experience, your education, your extra-curricular activities, etc.

Final Placements: 

During these placements, the students are almost about to complete their MBA. This means their profile has improved through various on and off-campus opportunities. These opportunities include research projects, work on industry projects, and summer internships. So now your CGPA in your MBA program and performance in these activities carry more importance than your undergraduate CGPA.

So we can say graduation scores matter in summer placements but not much in final placements.

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How good is IIM Calcutta for marketing?

Pragya TripathiStudied at Indian Institute of Management Calcutta

You can understand how good is IIM Calcutta for marketing by looking at the following parts:

  • Academics and Faculty:

The marketing stream at IIM Calcutta includes a wide range of courses. It offers several PGPex marketing programs, such as the Executive Program on Digital and Social Media Marketing Strategy (EPDSMMS) and the Advanced Program for Marketing Professionals (APMP). IIM Calcutta's marketing group is made up of highly qualified and experienced faculty members.

 

  • Marketing related Clubs and activities:

The Marketing Club at IIM-Calcutta is known as MarC. Its goal is to provide students with firsthand marketing experience through a variety of year-round events, case study competitions, and industry live projects in the areas of strategy, marketing consultancy, branding, and market research. Through guest talks, workshops, and event sponsorships, the club has been proactive in corporate relations and assisting them in connecting with IIM-Calcutta students.

  • Placement in Sales and Marketing:

In 2021, FIITJEE offered the highest CTC in the Sales and Marketing sector: INR. 80 LPA. Despite the fact that finance is IIM Calcutta's core strength. However, marketing is also extremely competitive.

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