IIM Calcutta Summer Placements: Average Monthly Stipend Hits Record Rs 1.93 Lakh
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓IIM Calcutta completed summer placements for its 63rd MBA batch, with all 475 students getting internship offers.
- ✓The institute recorded its highest-ever average monthly stipend of Rs 1.93 lakh.
- ✓Consulting emerged as the largest recruiting sector.
Story at a Glance
- Category
- MARKET
- Reported By
- The Telegraph
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
The Indian Institute of Management (IIM) Calcutta has completed summer placements for the 63rd batch of its two-year Master of Business Administration (MBA) programme, with all 475 students securing internship offers. The institute recorded its highest-ever average monthly stipend of Rs 1.93 lakh, while the median monthly stipend stood at Rs 2 lakh.
The summer placement process saw 546 offers from 156 companies and concluded ahead of schedule during Cluster 1 offers, following the introduction of the institute's cluster-cohort placement framework.
Consulting emerged as the largest recruiting sector, accounting for 220 offers, or 40.29% of the total. The finance sector contributed 127 offers, representing 23.26%, while general management and marketing together accounted for 158 offers, or 28.94%.
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The Telegraph
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