IIM Calcutta achieves 100% summer internship placements and sets new scholarship records

Latest update:November 02, 2024 04:13 PM IST

The highest domestic stipend this year was Rs 3.67 lakh per month and Rs 6.75 lakh per month internationally.

The institute received 564 offers for 475 students.

After graduation, many students choose to study management for a well-paid job. Most students pursue a management degree from one of the Indian Institutes of Management (IIMs). Candidates, even after clearing the CAT exam, are worried about finding a program that offers good career opportunities, including good internship and placement programs. IIM Calcutta is a great example of providing these facilities, making it the best choice for students wishing to study management.

Indian Institute of Management (IIM) Kolkata has completed its summer internship for the academic year 2024. The company achieved a 100 percent acceptance rate for its flagship MBA program. As of October 25, the institute had received 564 offers for 475 students.

According to IIM Kolkata, the average monthly stipend this year was Rs 1.89 lakh per month and the average stipend was Rs 2 lakh, a new record for the institute.

The highest domestic stipend this year was Rs 3.67 lakh per month and Rs 6.75 lakh per month internationally. The top 5 percent of students receive an average monthly stipend of around Rs 3 lakh per month, highlighting the high demand for IIM Kolkata graduates in the competitive job market. However, this year the recruitment process was conducted in a hybrid mode, with over 175 recruiters from various sectors participating. In doing so, opportunities were provided for various cross-functional roles.

The recruitment process involved companies from all major sectors such as FMCG, manufacturing, finance, consulting, technology, analytics, pharmaceuticals and education. The institute’s cluster-cohort approach, as well as special provisions such as the Dream Offer, have improved the interaction of students with recruiters, making the process mutually beneficial for both parties.

According to media reports, Professor Ritu Mehta, the head of the placement process, said that the result of the summer internship demonstrates the student’s willingness to survive in a very difficult atmosphere. Despite the global decline in job demand, recruiters trusted students and their educational practices. They are deeply grateful for this, and as the institute continues to strengthen its ties with industry leaders, the future looks bright for its graduates.