The Indian Institute of Management Calcutta (IIM Calcutta) recently hit a major milestone by achieving 100% placement for summer internships for its 62nd MBA batch, securing spots for every student in the class of 2026. This incredible feat was accomplished in a lightning-fast seven days, during which 154 companies visited the campus and collectively made over 520 job offers to the 465 students.
Also check: IIT Expands Globally with New Campus in Nigeria
The institute shared that the entire hiring process was done using a mix of online and in-person methods (hybrid mode). A total of 183 companies took part in the placements, including many new recruiters along with their regular partners. The institute credits this success to its organized placement model (called the structured cluster-cohort model) and special rules like the ‘dream offer’ policy. These systems were key in making sure the job offers perfectly matched what the students wanted and what the companies needed, resulting in a great outcome for everyone involved.
Average Stipend: Rs 1.85 Lakh per Month
IIM Calcutta reports an average monthly stipend of Rs 1.85 lakh and a median stipend of Rs 2 lakh for the summer placement season.
The domestic stipend peaked at Rs 4.5 lakh monthly, while the international stipend hit a high of Rs 6 lakh per month.
The highest-earning students (the top 5%) were offered a huge monthly average stipend of Rs 3.4 lakh. This shows how much demand there is in the job market for IIM Calcutta's talented MBA students.
Industry Updates
IIM Calcutta's report shows that job offers came from a huge variety of business fields, including major areas like consulting, finance, consumer goods (FMCG), manufacturing, medicine (pharmaceuticals), and technology. The institute was popular with its usual hiring partners, but it also attracted many new companies this year, both from India and abroad.
The institute credits its powerful and large alumni network with helping to successfully finish the placements. The ongoing strong connections between the graduates, teachers, and companies made the whole process much smoother, which was key to reaching the goal of placing 100% of the students.
Professor Ritu Mehta, who manages the placements, was very happy about the results, saying: "Because of the hard work of our 62nd MBA batch, we had another fantastic year for summer placements. We really thank the companies for continuing to believe in our students and trusting how we teach them."
The Previous Batch Also Achieved Full Placement
IIM Calcutta's 61st MBA batch achieved 100% placement for summer internships, with 475 students securing 564 offers from 175 companies across various sectors.
The institute reported a median stipend of Rs 2 lakh per month and an average of Rs 1.89 lakh, both setting new records. Domestically, the highest stipend was Rs 3.67 lakh per month, while international offers reached up to Rs 6.75 lakh per month.