IIM Calcutta PGDBA placements see a 5% increase from last year's average

The students from the Post Graduate Diploma in Business Analytics (PGDBA) program, affiliated to the three premier institutes - IIM Calcutta, ISI Kolkata, and IIT Kharagpur - have emerged strongly in the face of the current economic situation. The average salary that has been reported by the institute for the students of PGDBA program, has seen a rise as compared to last year. The program is offered jointly by the three educational institutes and is a two-year full-time residential course.

5% increase from last year's average

This year, the average salary has been INR 26.31 LPA. This is a little over a 5% increase from last year’s average of INR 25.05 LPA. One of the students also received an offer of 41.29 LPA, which is the highest for the batch.

The two-year PGDBA program had 56 students in the 2018-2020 batch. This was the fourth batch of the program and received 60 offers from 18 different firms. More than half of the offers came from the Banking, financial services, and insurance (BSFI) sector, as is customary for Management students. One of the students also decided to move ahead as an entrepreneur.

According to IIM Calcutta, Adani, UGRO Capital, ICICI Bank, ZS Associates, Alshaya Group, Envestnet Yodlee, and EXL Analytics were amongst the notable firms that were involved in the PGDBA recruitment and placements process.

70% of the batch receives PPOs

As a part of the PGDBA’s process, the students are given a six-month industry internship. This is a part of the course structure that aims to give the students a chance to gain experience and demonstrate their fortitude. In an official statement by IIM Calcutta about the placement success, the institute said that 70% of the students in this batch secured full-time job offers (PPO).

This is very commendable as the current market is struggling to accommodate the new talent that is anxious but prepared to launch itself into the world. The full-time job offers are with big top firms, too, such as Mastercard, Amazon, McKinsey, and DE Shaw and Co.

The three leading institutes- IIM Calcutta, ISI Kolkata, and IIT Kharagpur - involved in offering the PGDBA diploma have expressed appreciated both the faculty and the students for the stellar placements record. The course curriculum has also been meticulously planned to give the best results. It trains the students with skills involving business data acumen, statistics, machine learning and computing, and their contemporary business applications in the analytics industry.

IIM Calcutta has also stated that there has been minima impact on the job offers and summer internships for the students amidst this global crisis. Not only this, but it has also seen a 10% rise in the pay package over the past year. This kind of response is encouraging in these testing times, as students face an uncertain market and an economic slowdown.

Institutions have been trying to make this time a little easier for the students, here’s how other institutes and educational organizations are responding to this crisis.