IIM-Calcutta registers 100% placement, average salary hits record ₹34 lakh2Photo© financialexpress.com

IIM-Calcutta registers 100% placement, average salary hits record ₹34 lakh

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Indian Institute of Management (IIM) Calcutta has recorded 100% placement for its 57th batch, with a record average salary of ₹34.2 lakh per annum, the premier business institute said in a statement. More than 190 firms participated in the final placement process held virtually last week.

A total of 465 students took part in the final placement process, receiving 631 offers. “The median salary was ₹31 lakh per annum,” the statement said.

The institute followed a cluster-based system, where the participating firms were mapped to cohorts that were further mapped to their respective cluster.