Fifth batch of IIM Calcutta's PGPEX VLMP programme bags average salary of Rs 13.55 lakh
The Economic Times
KOLKATA: The fifth batch of IIM Calcutta's PGPEX VLMP (post-graduate programme for executives for visionary leadership in management) programme has wrapped up its placements with a top offer of Rs 16.8 lakh offered by Shinsei Bank. Leading companies across multiple domains offered salaries ranging between Rs 8 lakh to Rs 16.8 lakh with the average salary coming in at Rs 13.55 lakh.
The incoming average of the fifth batch was around Rs 9 lakh. The batch consisted of 34 students, out of which 3 were sponsored students.
Consulting ruled the roost with as many as 11 offers with the maximum number of offers (4) made by Tata Consulting and CGN & Associates.
Consulting companies which participated in the process included Mckinsey & Co, Cognizant Business Consulting, Wipro Consulting, TATA Consulting, CGN & Associates, Renoir Consulting, CII Consulting and Amazon. Students have been offered roles of consultant, senior consultant, counselor and senior specialist.
The other functions in which students have got offers include operations, IT, supply chain, general management, business development, innovation and R&D. Some 25 companies have participated in the final placement process making 33 offers to the candidates and an additional seven PPOs were received from the companies which participated in the internship process.
Other than consulting companies, the placements saw participation from a wide range of sectors including auto, pharma, metal & mining and oil & gas.
Amazon, Dr Reddy's Laboratories, Murugappa Group, CGN & Associates, Renoir Consulting, Hero Moto Corp, Ess Dee Aluminium, Cognizant Business Consulting, GVK Infrastructure, JDA Software and Empire Industries were among the first-time recruiters this year.