IIM grad to get Rs 10 lakh for summer job
More than 40 IIM-C students will work on Wall Street & London, rubbing shoulders with global B-schools.
By Jhimli Mukherjee Pandey, TNN |
KOLKATA: Stipends have never been this hot. On Day One of summer placements at Indian Institute of Management-Calcutta (IIM-C), records tumbled as some students walked away with internship offers that will fetch them Rs 4.5 lakh a month. Internationals are higher with the maximum touching $22,000 (Rs 10 lakh).
There was more reason for cheer on the campus. At least 90 students got international offers with postings in New York, London, Singapore and Hong Kong. They were picked by 32 international firms that came recruiting on Day One - Slot Zero, in IIM parlance.
With such offers, it is hardly surprising that nearly a third of the batch accepted offers on the first day - another record.
"More than 40 IIM-C students will work on Wall Street and London, rubbing shoulders with graduates from Harvard, Wharton, Kellogg and other global B-schools next summer," said placement cell spokesperson Mihir Kulkarni.
IIM-C reaffirmed its status as the leader in the field of finance by attracting the largest number of investment banks.
Morgan Stanley, recruiting for its London office, chose IIM-C as its exclusive recruitment destination outside of US Ivy league schools. It selected eight students for roles in equity and fixed income markets. Merrill Lynch was the biggest recruiter, picking 12 students.
There was more reason for cheer on the campus. At least 90 students got international offers with postings in New York, London, Singapore and Hong Kong. They were picked by 32 international firms that came recruiting on Day One - Slot Zero, in IIM parlance.
With such offers, it is hardly surprising that nearly a third of the batch accepted offers on the first day - another record.
"More than 40 IIM-C students will work on Wall Street and London, rubbing shoulders with graduates from Harvard, Wharton, Kellogg and other global B-schools next summer," said placement cell spokesperson Mihir Kulkarni.
IIM-C reaffirmed its status as the leader in the field of finance by attracting the largest number of investment banks.
Morgan Stanley, recruiting for its London office, chose IIM-C as its exclusive recruitment destination outside of US Ivy league schools. It selected eight students for roles in equity and fixed income markets. Merrill Lynch was the biggest recruiter, picking 12 students.
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