Placements for the batch of 2009 at IIM Calcutta (IIM-C) have begun on a positive note with the number of pre-placement offers (PPOs) already touching 54. Last year, IIM-C received a total of 90 PPOs. The PPO season is expected to go on till the end of this year.
The premier Indian Institutes of Management (IIMs) expect a 25 to 50 per cent increase in pre-placement offers (PPOs) this academic year.
Around 20 companies have made offers till date. Over 85 companies participated in the summer placement process at IIM Calcutta in November last year and offered both Indian and international profiles across different sectors. This year, more than half the companies are still to announce the results of the summer internship.
Overall, the placement scene looks bright with the total number of pre-placement offers expected to increase as more firms announce the results of the summer internship process. The students have bagged jobs across sectors like consulting firms, investment banks,
commercial banking, general management and marketing firms.
Notwithstanding the prevailing negative sentiment especially in the international banking sector, IIM-C has managed to buck the trend across the board in the summer internships. Students have been offered international profiles with BCG, Mckinsey, Bain and AT Kearney in the consulting sector and Merrill Lynch, Morgan Stanley, Lehman Brothers,
Barclays, HSBC, Credit Suisse and Citibank in the investment banking sector deciding to give out final job offers midway through the academic year itself.
Macquarie, which is a first timer on campus, has already made offers to all the India interns. The offers have been made across continents in Australia, Europe, US, South Africa, Hong Kong, Singapore, Philippines and India. With marketing and general management firms also offering international profiles on campus, the good news only
gets better with HUL, P&G, Aditya Birla Group and TAS making pre-placement offers to students.
