Kolkata: Call it double Diwali dhamaka for the Indian Institute of Management Calcutta (IIMC). On the one hand, the premier management institute has been ranked 1st in India among the five Indian B-Schools listed in the Financial Times Masters in Management Rankings 2019. On the other, IIMC achieved yet another feat of 100 per cent summer placements for the 56th batch of 480 of the MBA programme. As many as 136 participating firms offered nearly 200 roles to the class of 2021.
IIMC has secured Rank 17 globally in the rankings for its 2-Year Masters in Business Administration (earlier Post Graduate Programme in Management).
Among the parameters that the ranking was focused on, IIM Calcutta did better than its nearest Indian compatriots on categories which include – today’s salary, weighted salary, salary percentage increase, career progress ranking, involvement of international faculty, inclusion of international board members, percentage of female faculty and student gender diversity ratio, IIMC officials said.
“With the internationalisation of our curriculum over the years and some of the best faculty from across the world, our offerings are curated to address the needs of the dynamic business environment. As a result, we’ve been able to create a pool of ethical and responsible leaders across domains. The rankings will help us network more closely with the top B-schools across the globe,” said Professor Prashant Mishra, Dean, New Initiatives and External Relations.
On the summer placements, Prof Mishra said, “The institute community is extremely happy that our sustained efforts in making the process more student centric has yielded excellent results for the students in availing the most preferred opportunity for themselves”.
Finance and consulting firms accounted for 43.2 per cent of the total offers. Several firms also opened international roles, including Bank of America Merrill Lynch, Deutsche Bank, Barclays, Hexaware. Financial services majors such as Brookfield, Macquarie, Gaja Capital, Bank of America Merrill Lynch, Barclays, Deutsche Bank, BPEA, Edelweiss, DE Shaw, Avendus actively participated in hiring interns. Citibank (15) closely followed by Goldman Sachs (11) were the largest recruiters in the banking and finance sector. The sector also saw first timers like NIIF, Indigrid and White Oak Capital Management.
