IIM Calcutta completed its summer internship placement week for the 59th batch on 21st October by securing 538 offers for 470 students. This placement drive, which moved back to offline mode after two years, saw the expansion of Hold & Wait (29 extra offers) and Dreams (33 extra offers) policies. This enabled companies to find a better Company-Student fit and allowed all students to hold multiple offers.
The consulting sector recruited the highest (165 students), followed by the Finance sector (115 students), and the two industries accounted for 59% of the total hires. Marketing (73 students) and General Management (76 students) combined accounted for 32% of total hires, with companies like Aditya Birla Group, Coca Cola, Dabur, Hindustan Unilever Limited, ITC, Mahindra, Mondelez, Nestle, Procter & Gamble, Tata Administrative Services being amongst the top recruiter in this sector. Top software services and E-commerce brands continued their strong showing accounting for nearly 7% of hires. Top recruiters included Amazon, Apple, Hotstar, Flipkart, Google and Media.net.
The placement season concluded with students receiving average monthly stipend of INR 1.59 Lakh and median stipend of INR 1.5 Lakh, with the top 25% percentile (in terms of stipend offered) of students receiving monthly stipends on average of INR 2.24 Lakhs.
