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Top consulting firms queue up at IIM Calcutta

Top consulting firms queue up at IIM Calcutta

Kolkata: Several top consulting firms, including Oliver Wyman Group, McKinsey and Co., Boston Consulting Group, Bain and Co. and Opera Solutions have confirmed their participation in the final placements round at the Indian Institute of Management, Calcutta (IIM-C) starting on Saturday.

US-based Oliver Wyman would be visiting the campus for the first time, said Samyukktha Thirumeni, external relations secretary at the institute.

The Singapore government’s investment arm Temasek Holdings Pte Ltd would be returning to the campus after a year, Thirumeni added. Swiss bank UBS AG has also confirmed participation in slot zero—or the first round of recruitment in which companies hunt for the best talent.

Finance companies such as Goldman Sachs, Morgan Stanley and Barclays Capital have already offered jobs to students who interned with them during the summer of last year, according to Thirumeni.

These are called pre-placement offers, or PPOs. Last year, IIM-C students received 50 “slot zero PPOs" and 39 job offers in slot zero. With so many finance and consulting firms confirming their participation in slot zero, IIM-C students are expecting much better offers this year, Thirumeni added.

Yet, the institute has like last year decided to keep the placements open-ended, according to Prafulla Agnihotri, professor and chairman of placements at IIM-C.

“We would be placing the biggest batch in IIM-C’s history this year," he said.


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