IIM Calcutta Secures 100% Summer Placements, Rs 6.75 L Highest Stipend

New Delhi: The Indian Institute of Management (IIM) Calcutta has achieved a 100% placement rate for its 2024 MBA batch, with the highest stipend reaching a record-breaking Rs 6.75 lakh per month. The institute’s summer placements concluded on October 25, with 564 offers secured for 475 students. The average monthly stipend rose to INR 1.89 lakh, while the median stipend stood at Rs 2 lakh.

The placement process saw participation from 175 recruiters across various sectors, including FMCG, manufacturing, finance, consulting, technology, analytics, pharmaceuticals, and education. The institute’s innovative cluster-cohort placement process, including the “dream offer” policy, facilitated a better fit between recruiters and students.

Professor Ritu Mehta, Chairperson of placement activities, expressed gratitude to recruiters for their continued trust in the institute’s students. She emphasized the future readiness of IIM Calcutta graduates in a highly competitive job market. With strong industry connections and a commitment to providing top-tier management education, IIM Calcutta continues to produce highly sought-after talent.

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