Monday 17 November 2008

IIM-C summer placement a big hit

IIM Calcutta (IIMC) issued a press release on Saturday evening claiming its summer placement process had been completed with the batch of
over 300 students being offered the widest possible range of sectors and job profiles.

Incidentally, ET on Saturday had, while breaking the news, said that barring a few students, everyone had been placed and that IIMC placement circles were confident on Friday evening about placing them all. In the press release, IIMC has claimed having just done that.

This time around, IIM Calcutta strategised to overcome the recession by inviting more firms to the campus to counter the negative vibes in the market. The total number of companies this year rose to the highest ever level with around 110 companies participating in the placement process.

Students were offered roles in investment banking, consulting, general management, marketing, media and private equity. As reported by ET in a report on November 12, the release said that Slot 0 at IIMC saw some 100 students being placed. Companies included Goldman Sachs, Morgan Stanley, Merrill Lynch, McKinsey, Macquarie, AT Kearney, BCG, Bain, JP Morgan Chase, and Deutsche Bank, among others.

Morgan Stanley London, UBS and Credit Suisse, chose to recruit exclusively from IIM Calcutta.The locations on offer include the United States, Europe, Australia, Hong Kong, Singapore, the Middle East and all major locations in India.
Some of the major marketing names this year included P&G, Unilever, Diageo, Pepsi, Nestle and ITC among others.

New firms on campus included Yahoo, Amazon, Provogue, DHL Logistics, Reebok, Century Ply and the Mahindra Group. Also part of the line-up were startups, online ventures and micro-credit institutions as well as those from the emerging media sector including the Times Group.

Source: EconomicTimes

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