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Pandemic no barrier for IIM Calcutta’s placements programme, achieves 100 per cent for Summer internship IIM Calcutta

Pandemic no barrier for IIM Calcutta’s placements programme, achieves 100 per cent for Summer internship

India Blooms News Service | @indiablooms | 01 Dec 2020, 11:13 am

Kolkata/IBNS: Indian Institute of Management Calcutta (IIMC) continued its legacy of 100 per cent Summer Internship Placements for its Class of 2022, according to the premier learning institution.

The placement programme was held virtually in November.

The Institute said that 139 firms participated in the placement process, of which 43 were the first time recruiters to IIM Calcutta, for 473 participating students. 

The hiring trends this year too were well distributed across various sectors.

Consulting, Finance, and BFSI accounted for 40 per cent of offers, 32 per cent of students would do their internships in General Management and Sales & Marketing roles, and the remaining 28 per cent of students found their fit with Operations, Product Management, E-Commerce, and Startups.

According to IIM Calcutta the clustering was based on the core business competencies of the firm and the cohorts were ranked by student preference.

Cluster 1 consisted of five cohorts, which included top firms in Private Equity, Investments, Venture Capital firms, Management Consulting, and offers at international locations.

180 students were placed across 35 firms in the cluster, Accenture being the top recruiter with 21 offers.

The second cluster hosted 60 firms offering 80 roles in Conglomerates, FMCG, Consumer Services, Software Services, E-Commerce, and Consumer Durables cohorts.

171 students got placed in the cluster with Microsoft bagging the top spot making 11 offers for the PM role.

The third cluster placements were held with 44 firms across Advertising, BFSI, Consulting Services, Power and Utilities, Manufacturing, Hospitality Services, Food Aggregators, and Start-Up cohorts.

122 students got placed in this cluster.

IIM Calcutta said it encourages Startups to participate in the placement process and provide exciting internship projects to its students to uphold its tradition of promoting problem-solving and innovation at the ground level that positively impacts people’s lives.

Sonap Garg, a second-year MBA student at IIM Calcutta, said, “Startups present excellent opportunities for MBA students to test and hone their skills while helping the organization to grow.”

Prof. Abhishek Goel, Chairperson CDPO said, “The pandemic and economic recession had posed unforeseen challenges. It is heartening to see our students and the placement team rising to the occasion to change the systems, enabling all stakeholders to participate virtually, creating multi-layered coordination and communication channels, and maintaining positivity throughout the process.”

Professor Anju Seth, Director - IIM Calcutta said, “The results reinforce the recruiters’ faith in the academic capabilities, diverse student community and IIM Calcutta’s commitment to pursuing excellence in all fields of engagement.”