With more recruiters and offers, Indian Institute of Management-Calcutta has concluded a better placement season this year for its third batch of post graduate programme for executives (PGPEX). Offers have been made and accepted at the level of Director/VP/GM.
This year, 60 companies took part in the final placement, with 47 students getting 45 offers (Batch strength was 51, of which four opted out of the placement assistance). Last year, 34 students got 30 offers from 33 companies (Batch strength was 37, of which three opted out of the placement assistance). There were a substantial increase in both mean and median salaries over the comparable figures for last year.
However, the increase in median salary was greater than that of the mean. The average salary this year is Rs 18.4 lakh, compared to Rs 18 lakh last year while the highest salary remained at Rs 35 lakh. This year, there was an international offer unlike last year.
The recruiters this year included McKinsey & Co, Deloitte, TCS, Hewlett-Packard, MindTree Consulting, Amazon Consulting, Accenture and Sapient; Tech Mahindra, Wipro, Rediff.com, HCL and Infosys; Opus Soft, Google (India) and Zycus; KPIT Cummins, Wellspun Group and Siemens.