Photo credit: Abhishek Kathuroju
The Indian Institute of Management (IIM), Calcutta closed the summer placement process for the batch of 2011-13 with students getting training projects across 142 companies.
Although the placements began as a 5-day process, it switched over to a rolling process owing to it being the biggest batch ever at IIM Calcutta until now with 458 students seeking internships. The entire process took 12 days. After the process was declared closed, 15 students chose not to take up the projects available and are instead looking for internships on their own, informed an IIM Calcutta spokesperson.
| No of students in batch | 458 |
| Opt-outs | 15 |
| Number of companies participating | 160 |
| Number of companies that recruited | 142 |
Of the 160 firms that participated in the process, 66 were visiting IIM Calcutta for the first time.
“Over 85 students will be interning in international locations such as London, New York, Germany, Hong Kong, Singapore, Malaysia, Thailand, Switzerland, Brazil, Kuwait, Dubai, Vietnam and South Africa,” said an IIM Calcutta press release.
The institute’s placement committee has not provided the sectoral or functional drilldown of internship offers citing unavailability of data.
Among finance companies, Deutsche Bank recruited for their London office while Barclays Capital, Credit Suisse, Goldman Sachs, Nomura, BoA Merrill Lynch, Morgan Stanley, JPMC, HSBC (Global), Citigroup and French investment bank BNP Paribas, Japan-based Daiwa and others recruited for London, New York, Hong Kong and Singapore.
RBS was one of the largest finance recruiters with 15 offers. Other major recruiters included Metals trading firm Duferco (Switzerland), boutique investment banks such as Alpen Capital (Dubai), Madison Street Capital and private equity firms Headland Capital, Jacob Ballas Capital, Multiples PE and Clearwater Capital, informed IIM Calcutta.
Among consulting companies, BCG, Bain, McKinsey and AT Kearney together offered internships to 24 students. Niche consulting firm GEP (Global eProcure) which focuses on Supply Chain consulting hired for the first time from the campus. Frost & Sullivan recruited interns for their Singapore office. Other firms that hired for consulting roles include Accenture, Alshaya, Feedback Ventures, Deloitte and KPMG. McKinsey made eight offers, the largest among consulting firms that visited the campus.
At seven offers, ITC was the largest FMCG recruiter at IIM Calcutta this year. Other sales and marketing recruiters were Hindustan Unilever, P&G;, Kraft Cadbury, Nestle , Coca Cola, Pepsi, Johnson & Johnson, Cairn Energy, SuperMax, Airtel, Vodafone, GSK and Marico.
Tata Administrative Services (TAS) hired interns for its leadership programme while the Aditya Birla Group, Mahindra & Mahindra and the RPG group offered general management roles.