Kolkata: Indian Institute of Management (IIM) Calcutta has recorded 100% summer placements for the 63rd batch of its two-year MBA programme, with the average monthly stipend reaching an all-time high of Rs 1.9 lakh and a median monthly stipend of Rs 2 lakh, according to the institute.
A total of 475 participating students secured internships, generating a total of 546 offers from 156 companies. The entirely student-run process concluded ahead of schedule during Cluster 3 and registered the highest number of Cluster 1 offers since the introduction of the cluster-cohort framework. Consulting emerged as the dominant sector, accounting for 40.3% of the placements with 220 offers from firms including McKinsey & Company, Bain & Company, Boston Consulting Group, and Accenture Strategy. The finance sector contributed 127 offers (23.3%) across investment banking, private equity, and wealth management from heavyweights like Goldman Sachs, J P Morgan, and Bank of America. General management and marketing roles secured 158 offers (28.9%) from corporate giants such as Hindustan Unilever, ITC, and Procter & Gamble, while technology and product management opportunities drew participation from Microsoft, Google, and Amazon. The institute hosted 51 first-time recruiters this season, welcoming brands like L’Oréal, Mondelez International, and Asian Paints.
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Our strong alumni network also deserves recognition for its active involvement in mentoring students and preparing them for their professional journeys,” said director Alok Kumar Rai. “These outcomes reinforce industry’s continued trust in the IIM Calcutta brand, the quality of our talent pool and the relevance of our industry-aligned curriculum. I congratulate our students and thank our corporate partners for their continued confidence.