IIM-C Witnesses 60% Rise in offers During Lateral Placements

Kolkata: Indian Institute of Management Calcutta (IIM-C) Post Graduate Diploma for Business Management (PGDBM) students have received over 200 offers during lateral placements that took place in January and are scheduled to be carried on through February.

Amit Dhiman, Professor-in-charge of placements, IIM-C, has said that compared to last year, they have seen a 60 % jump in the number of offers. He also added that lateral placements this year have seen participation from 50 companies most of whom have already made offers. Mr Dhiman has also said that interestingly, there is a thorough mix of companies across verticals, which have made offers during the placements. He added that participation has come from the financial sector, fast moving consumer goods (FMCG) and information technology (IT).

Moreover, the process of lateral placements is reserved for students with considerable work experience. Most are offered jobs in keeping with roles that are dependant on the nature and duration of their prior work experience. As per sources, some of the companies that made offers at the placements include Barclays Bank, Accenture, PWC, Shell, ABG, RPG, Hinduja, Amazon, Microsoft, and Deloitte among others. IIM-C also has a pre-placement offer (PPO) conversion rate among of 87.5 per cent, which is the highest among all IIMs. Besides, lateral placement this year has also seen a greater interest in the consulting domain with firms like Singapore-based DPDHL, having offered students in-house consulting profiles.


Furthermore, Mr Dhiman has explained that keeping the positive trend in the lateral placements in mind, one is hopeful of a good performance in the final placements as well, which are slated to begin in March. He also added that as of now they are comfortably placed across all slots.