The Indian Institute of Management-Calcutta (IIM-C) witnessed the final placements process ruled by the finance sector. Renowned firms extended pre placement offer to many students of IIM-C. IIM-Calcutta is tagged as the 'Finance Campus of India', and this year the finance sector contributed the largest number of offers. Finance was followed by the consulting and marketing sectors.
International investment banks like UBS, Morgan Stanley, Citigroup, Deutsche Bank and Bank of America hired students from IIM-C. Students have already received pre-placement offers (PPO) from firms like Goldman Sachs, Morgan Stanley and Royal Bank of Scotland.
This year Japanese Investment Bank and Daiwa Securities recruited exclusively from IIM-Calcutta and extended offers to six students.Consulting firms like Mckinsey and Company, Boston Consulting Group (BCG) and Essex Lake Group also recruited exclusively from IIM-Calcutta during the 3-7th March 2011 final placement process.
All 383 students who participated in the placement process had successfully received exciting job offers.For students with considerable work-experience, lateral placements in senior positions saw a huge increase of 57.6 percent in the number of offers, up from 92 last year to 145 this year.
The IIM-Calcutta this year also introduced "deferred placements" process wherein students who want to pursue entrepreneurship, work in social sector, join a government organization involved in national service or pursue higher education are allowed to sign out of current placement process and join it anytime in the next 3 years.