some more articles on placements @ IIMC
http://economictimes.indiatimes.com/articleshow/1457437.cmshttp://www.telegraphindia.com/1060321/asp/calcutta/story_5991874.asp To Wall Street via Kolkata[IMG]http://economictimes.indiatimes.com/images/spacer.gif[/IMG]

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KOLKATA: Guess where Wall Street is getting its latest whizkids from this year? Indian Institute of Management, Calcutta. At the end of its 06 placements, 30 students from Joka are headed for Wall Street, of whom 15 will work full-time and 15 will be summer interns.
While IIM-C still retains the record for the highest-ever salary package of $2,25,000 in 01, it has maintained that its leadership also in Placements 06 by attracting the highest average domestic salary of Rs 9.8 lakh across campuses. Last year, the highest salary figure here was Rs 8.3 lakh.
IIM-C has also achieved the highest lateral salary $1,03,000. This is also the first time the figure has crossed $1,00,000 in laterals at any IIM, according to data compiled by IIM-Cs placement cell. IIM-C has also placed the largest batch of 249 students across the top three IIMs.
Significantly, some 77 foreign job offers were made across slots, of which 51 were accepted. This year, IIM-C also notched up the highest number of domestic (64) and international accepts (

across all IIMs in laterals.Slot 0 firms (those who recruited on March 6 and 7) included global giants like Merrill Lynch, UBS, ABN AMRO, Bloomberg and BCG and Credit Suisse (2) and Ameriprise (2).
Even Bloomberg, which powers international banking platforms, came in for the first time and hired six students for positions in New York.The presence of SUN Private Equity and Johnson Electric during placements this year reaffirmed the institutes status as a prefered destination for niche firms.
There was a 51% increase in the number of Slot 0 accepts, up from 42 to 64. Some 27 new firms participated in the placements this year, including eight in Slot 0. New recruiters included Merrill Lynch, ABN Amro HK, CSFB -India, Dell, Essar group, Hinduja group, Oracle, Pepsi, RPG, Reliance Industries, SAP, Techspan, Trilogy and UBS India.
The institute has also managed to achieve the distinction of placing students across every profile in investment banking: pricing, structuring, trading, sale, strategy and advisory.The highest domestic salary in Slot 0 was Rs 23 lakh with $1,52,000 as the highest international offer. In Slot 1 (March 8 & 9), the highest domestic salary touched Rs 16.75 lakh with $ 1,25,000 as the highest international offer, while the highest salary recorded in Slot 2 was Rs 12.5 lakh.
High end consulting also retained its grip on the campus with top tier firms like McKinsey (6), BCG, and AT Kearney, hiring some 17 students. This apart, traditional, old economy was also present in full force. Global steel giant Mittal Steel picked up three students, more than the other top IIMs combined. Johnson Electrics exclusive recruitment for four international positions at IIM-C also bears testimony to the institutes reputation in operations and supply chain management.
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C above A & B in manager jobs
- Comparative index pegs Joka campus foremost in offers and salaries
[LEFT]Being good is not good enough, and nowhere more so than on the big B-school campuses at this time of the year. With six-figure salaries raining down on the Indian Institute of Management (IIM) addresses from A to B to C its all about being the best in the recruitment ring.[/LEFT]
[LEFT]And Calcutta, after staying mum while Ahmedabad and Bangalore slugged it out over salary highs, has decided to have the last laugh. In a carefully-crafted comparative index prepared on the Joka campus, IIM-C has been pegged above IIM-A and IIM-B in average domestic salary, highest domestic salary, highest international lateral offer, maximum foreign offers, and more (see box).[/LEFT]
[LEFT]But why wait till Bangalore and Ahmedabad have hogged the cash-and-career headlines? This is something we do not prescribe to. All this (trumpeting of salaries) leads to increased pressure on the students. We prefer giving the median salary figures, instead. It has to be remembered that we are providing a service only, said Ranjan Das, chairperson, placement committee, IIM Calcutta.[/LEFT]
[LEFT]This was echoed by the e-mails dashed off to director Prakash Apte by Gaurav Agarwal and Venkatesh Shankaraman, who had bagged the highest salary offer at IIM-Bangalore. They pleaded that their salary details must not be made public for the safety of their families. Agarwal has an offer for US $193,000 from Barclays Capital, London, and Shankaraman Rs 30 lakh from McKinsey, in Mumbai.[/LEFT]
[LEFT]We strongly feel such details are personal and should not be made public This has caused a lot of personal problems for us, they said, adding that the salary figures had been made public without their consent. This trend, warned the duo, could lead to a tussle of one-upmanship among various IIMs, affecting credibility in the long run.[/LEFT]
[LEFT]The final recruitment programme having got over on March 17, the entire batch of 249 students at Joka, the largest amongst the six IIMs, has been placed in three slots, with a total of 505 offers to choose from. [/LEFT]
[LEFT]Of 114 companies that had confirmed their participation in the recruitment programme, the first 89 managed to snap up the entire class of 2006.[/LEFT]
[LEFT]Recruitments continue to be on an upswing. They have been excellent, especially considering that Slot Three (after Slot Zero, One and Two) was not required at all. It is evident that the IIMs have become global sourcing centres, said placement committee chairperson Das.[/LEFT]
[LEFT]Some of the recruitment highs at Joka were:[/LEFT]
[LEFT] Slot Zero (64 accepts out of 85 offers), saw the maximum number of recruits from Calcutta[/LEFT]
[LEFT] Lateral recruitment (for students with work experience) was 72 accepts out of 150-plus offers[/LEFT]
[LEFT] Lateral international offers were in excess of $100,000, a first for any campus[/LEFT]
[LEFT] Mittal Steel made more offers in Calcutta than in Ahmedabad and Bangalore combined.[/LEFT]
[LEFT] Lateral placements and summer internship programmes (SIP) have become leading indicators of how the final recruitments are going to be. The exceptional number of pre-placement offers (PPO) garnered by IIM Calcutta students during their SIP have played an intrinsic role in the success of our final recruitment programme, observed Das.[/LEFT]