03 February 2019 12:51:08 IST

IMI Kolkata wraps up final placements with 110 offers

₹20 lakh was the highest salary offered

International Management Institute Kolkata (IMI Kolkata) saw 100 per cent placement of its students for the academic year 2018-19. More than 32 recruiters participated in the campus recruitment process, making offers to the 110 candidates who opted for final placements.

For the second consecutive year, IMI Kolkata’s students bagged ₹20 lakh domestic offer. There has been an increase in the average annual compensation by 5.6 per cent as compared to last academic year. The domestic average and median compensation stood at ₹6.90 lakh and ₹6.54 lakh respectively. The average compensations offered to the top 10 percentile, top 25 percentile and the top 50 percentile of the batch were ₹11.45 lakh, ₹9.38 lakh and ₹7.95 lakh respectively. Eight students opted out of the placement process and decided to pursue their start-up dreams or return to/join their family businesses.

The placement season witnessed a record increase in the pre-placement offers with 21 per cent of the batch receiving PPO/PPIs. There was a 31 per cent increase in the number of offers. Multiple offers were made by prominent recruiters such as JSW, HDFC Bank, Deloitte, Federal Bank, ICICI Prudential AMC, CESC, Mahindra Finance, ICICI Prudential Life Insurance, BYJU’S – Think & Learn, Randstad India, Reliance Industries, OYO, Mahindra Finance, Marico, GIC, Info Edge, Kantar, ICICI Bank, Bajaj Allianz General Insurance, ICICI Securities, Capital First, Quest Properties and GD Research. New recruiters included the Philips Lighting – Signify, HDFC Life, Treebo Hotels, Zomato, eTrans Solutions and Godrej & Boyce.

The break-up of offers across domains are as follows: sales and marketing – 47 per cent, Finance – 22 per cent, consulting, strategy and general management – 19 per cent, operations – 10 per cent and OB & HR – 2 per cent.