10 Jul 2020 19:56 IST

Grads of IIM Calcutta’s Business Analytics course receive 60 job offers

Across sectors, 18 firms offer roles to 56 students; average annual package at ₹26.31 lakh

The final placement process of the 4th batch (2018-2020) of the two-year full time Post Graduate Diploma in Business Analytics (PGDBA) programme, jointly offered by IIM Calcutta, ISI Kolkata, and IIT Kharagpur, has been successfully completed.

The batch of 56 students received a total of 60 offers made by 18 firms. Only one student opted out of placements to commence his entrepreneurial journey, said a press statement issued by IIMC.

Various organisations across industries participated to select candidates for data and business-driven roles and the final remunerations witnessed continued growth. The average remuneration recorded was ₹26.31 lakh per annum, surpassing last year's figure of ₹25.05 lakh per annum, a growth of five per cent. The batch received one international offer with a remuneration of ₹41.29 lakh and that was also the highest salary offered to the batch.

Despite the economic slowdown, the median CTC grew by six per cent to reach a high of ₹24.59 lakh per annum.

“We are delighted at the achievement of our PGDBA students. It is yet another promising programme from IIM Calcutta and partner institutions ISI and IIT Kharagpur that continues to deliver excellent value to the students and the recruiters,” Prof Sahadeb Sarkar, PGDBA Chairperson from IIMC, said in the release.

The BFSI sector attracted 57 per cent of the total offers and emerged as the biggest sector for this hiring season. Some of the prominent recruiters who participated in the final placement process were Adani, UGRO Capital, Alshaya Group, ZS Associates, Envestnet Yodlee, EXL Analytics, and ICICI Bank.

PGDBA’s unique course structure offers a 6-month industry internship, which provides time to the candidates to prove their mettle in the industry. This resulted in 70 per cent of the batch securing full time job offers (PPO) with marquee firms such as DE Shaw & Co, Mastercard, Amazon, PwC DIAC, Mondelez, McKinsey, and Play Games.