INDIAN INSTITUTE OF MANAGEMENT CALCUTTA

BATCH OF 2009-11 PLACEMENT REPORT

Overview
The Final Placement Process at IIM Calcutta for the batch of 2009-2011 kicked off on 3rd March 2011 and concluded on 7th March 2011 All 384 students who participated in the placement th 2011. process had successfully received job offers by the end of the fifth day. In spite of the batch of 2009-2011 being the largest across all IIMs, the successful completion of the entire process within 5 days reaffirms the top position of IIM Calcutta in Career Development & Placements activities across Indian Business Schools. The process was conducted in slots, with each slot lasting for two days. Slot-0 took place on the Slot 3rd and 4th of March, Slot-1 on the 5th and 6th, and Slot-2 began on March 7 The process 1 5 2 7th. came to an end in the middle of slot 2.

Sector-wise Information nformation

The placement of the batch of 2011 cements the status of IIM Calcutta as the Finance campus of India with Finance contributing the largest number of offers (31.3%). This was closely followed is by the Consulting sector (23.7% and Marketing sector (21.6%). 23.7%) To give a sense of the offers made to the students at IIM Calcutta, the Slot 0 finance firms , compensation generally comprises of fixed component (INR 30-40 lakhs for Indian locations and 40 INR 40-60 lakhs for foreign locations) and bonus that ranges from 100%-200 Slot 0 consulting akhs 200%. firms generally offer around INR 20-25 lakhs base package for Indian locations in addition to a bonus component. Slot 0 marketing companies offer in the range INR 15-20 lakhs for Indian 15 locations. Students at IIM Calcutta are often also recruited for senior positions directly owing to relevant prior work experience and are offered commensurate packages.

Sector preferences
14.9 % 8.5 % 21.6 % 23.7 %

31.3 %

Finance Consulting Sales & Marketing General Management Others

Lateral Placements
The Lateral Placement Process is for students with considerable work-experience. The candidates are recruited for senior positions based on the nature and duration of their work experience. The Lateral Placements saw a huge increase of 57.6% in number of offers, up from 92 last year to 145 this year. More than 50 firms participated in the Lateral Process including recruiters like Barclays Bank, Olam International, Google, Microsoft, Amazon and Shell who hired in unprecedented numbers after modest hiring or completely giving a miss to placements during the recession period. There were 10 first time recruiters in the Lateral Placements. This placement season saw participation from banks and private equity firms. Barclays Bank was back on campus recruiting in big numbers along with Olam International which made trading offers (derivatives trading in commodities) with posting at Singapore. The highlight of the Lateral Process was the participation of Private Equity firm Gaja Capital. Gaja Capital recruited exclusively from IIM Calcutta and selected 3 students. Additionally, MCap Fund Advisors also visited campus for Lateral recruitments. In addition to fortifying its position as the 'Finance Campus of India', IIM Calcutta has emerged as a clear favourite for global management consulting firms. The Lateral Placement saw an excellent performance in the consulting domain with firms like Deloitte, PWC and Accenture. Deutsche Post DHL selected students for consulting roles in their Miami office. For the first time, the process saw the participation of Bain & Co, a regular recruiter in Final Placements, offering senior roles during the Lateral Process. General Management and Operations were other top picks during the Lateral Placements. Indian corporate houses such as Reliance, Aditya Birla Group, Mahindra & Mahindra, RPG, Hinduja and Adani recruited students for leadership roles in their respective General Management programs. Amazon made the highest number of offers across IIMs as a part of the Lateral Placements for Operations profiles. Other companies who offered operations roles were TVS Logistics, Biocon and Glenmark.

Final Placements
IIM Calcutta went into the Final Placements with 237 offers already in hand, from pre-placement offers (PPO) and the Laterals Process. The PPOs saw an increase of 156% compared to last year (from 36 last year to 92 this year). 19 PPOs were for international locations that include the finance hubs New York, London, Hong Kong and Singapore. The Final Placements this year witnessed a fair spread across all sectors, indicating the students interest in diverse domains. The total of 200 offers (139 Final Placement offers, 61 PPOs) made during Slot Zero recruiters is the highest across all campuses of the country. The diversity of roles at offer this year is a unique feature of the placement process at IIM Calcutta. Given the wide array of choices, students could hand pick the exact roles they were interested in, thus moving out of the process with the ideal jobs in hand. This, we consider to be the most important aspect of this years placement process, and our greatest success. As the first day unfolded, Finance, considered IIM Calcuttas stronghold, saw a manifold increase in the number of offers made compared to last year, with international Investment Banks like UBS, Morgan Stanley, Citigroup, Deutsche Bank and HSBC, Bank of America Merril Lynch hiring students. The offers were for desks across the globe. Students had already received PPOs from firms like Goldman Sachs, Morgan Stanley, Barclays Capital, Royal Bank of Scotland, Rothschild, Credit Suisse, MacQuarie. Japanese investment bank, Daiwa Securities, recruited exclusively from IIM Calcutta and extended offers to 6 students. Consulting firms made the most number of offers on the first day, with Mckinsey & Co making 13 offers - the highest number of offers made by the firm at any campus in the country. The firm recruited for its Singapore and India offices and for the first time for its Sydney office. BCG, Bain & Co and AT Kearney recruited in large numbers as well. IIM Calcutta had the highest PPO conversion rate among IIMs (87.5%) in the top 4 consulting firms Mckinsey, BCG, Bain and AT Kearney. Essex Lake Group, a global consulting firm, also recruited exclusively from IIM Calcutta. After a great start on the first day, the placements continued the good run on the second and third days of the Final Placement Process. The second day saw 23 companies coming to campus to hire the talented bunch of students. FMCG behemoth Procter and Gamble made 11 offers in their sales and marketing roles, including roles in Singapore. Dabur made an international offer for New Business Development at their Dubai operations. Marketing roles were also offered by Hindustan Unilever, ITC, J&J Consumer Products, Nokia and Kraft Cadbury. Tata Administrative Services (TAS) recruited 5 students for their business leadership program. Consulting offers were made by Feedback Ventures, Hewitt and EXL services.

As always, Finance remained a stronghold even during the second day. Indian Investment Banks like ICICI Securities, India Infoline and Allegro recruited students. On the other hand, International Banks such as HSBC, Standard Chartered and Development Bank of Singapore also extended offers. ICICI, the largest recruiter on day 2, made 19 offers in roles such as M&A and Treasury roles. The day additionally witnessed the participation of Bloomberg, recruiting from the campus first time after the financial crisis. The third day was packed with firms from various sectors with finance and telecom majors dominating the days proceedings. Bharti Airtel and Yes Bank with 8 and 7 offers respectively were the biggest recruiters of the day. Credit rating agency CRISIL also participated in the placement process for the first time and specifically selected students for strategy roles. KPMG, PWC, Vodafone, Aircel, Asian Paints and Castrol were some of the other companies that participated in the third day. The following day saw the participation of Indian corporate giants like RPG, Tata Steel, Raymond and Bajaj. Students with an entrepreneurial inclination were picked up by firms like Flipkart for a variety of roles. The Final Placements alone saw 21 new recruiters. Nielsen & Co. selected students for their emerging leadership program in the finance domain. Daiwa, Avendus, India Infoline and CRISIL were some of the finance firms that visited IIM Calcutta for the first time. Consulting major Arthur D Little selected students for their Dubai office. Other first time recruiters in the consulting domain included Essex Lake Group and EXL Services.

Deferred Placements
IIM Calcutta has introduced deferred placements this year wherein students who want to pursue entrepreneurship, work in the social sector, join a government organization involved in national service or pursue higher education are allowed to sign out of the current placement process and sit for the placement processes in the next 3 years. This is an initiative aimed at encouraging students to pursue alternative careers beyond what are offered by the corporate world. The idea is to mitigate the career risk students might face otherwise by offering a fallback option. This year itself 4 students have signed up for the deferred placement program.

Batch Profile Information nformation

The batch of 2011 comprised of 37% freshers and 63% students with prior work work-experience. 28% of the students had work-experience of more than 2 years. experience

Work experience (in Months)

11% 17% 37% Freshers 1-12 Months 12 13- Months -24 22% 13% 25- Months -36 36+ Months

Work experience (Sector)

4% 5% 1% 9% 9% 10% 62%

IT & Telecom Manufacturing & Cons. Consulting Finance Power & Energy Education Others

Educational background

Civil/Chemical/Mechanical 2% 2% 7% 7% 24% 33% 17% 2% 2% 2% 2% Medical/Bio-Med/Bio Med/Bio-Tech Computers Electrical & Electronics Industrial/Ops/Production IT Physics/Mathematics Commerce Science Arts & Management

Conclusion
By placing the largest batch across IIMs in the shortest span of time, we have reaffirmed the faith reaffir of our recruiters in our process. Be it the worst of times or the best of times, IIM Calcutta has always been the preferred destination among recruiters. This has been established by our placement figures, which are the best across the nation this year, like the previous 3 years.