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The state of the job market has been worrisome for people across the country ever since companies started carrying out large scale layoffs. In 2022, Twitter (now called X) laid off thousands of employees and eventually, companies like Meta, Google, Amazon, Microsoft and so on also began handing the pink slip to employees. Thousands of people took to social media platforms to share their ordeals. While some have successfully moved on to new roles now, many are still searching for opportunities, elevating competition in the job market. However, the situation isn't so grim everywhere. <keyword id="78512" type="General" weightage="100" keywordseo="iim-calcutta" source="Orion">IIM Calcutta</keyword> students bagged offers worth nearly 2 lakh per month for their summer internship programme. Curious? Read on to know more. The 61st batch of IIM Calcutta's flagship MBA programme saw all 475 students secure internships during the recent placement season. The numbers also speak volumes: a staggering median stipend of ₹2 lakh per month, a record-breaking achievement, and an average of ₹1.89 lakh that closely follows. And it doesn’t stop there—the highest domestic offer came in at ₹3.67 lakh, while international placements soared with top offers of ₹6.75 lakh per month. For many, this success story from IIM Calcutta is a reminder that when it comes to premium talent, there’s always a demand, even when the world feels uncertain. Professor Ritu Mehta, Chairperson of Placement Activities at IIM Calcutta, said as per a report in ET, "The outcome of the <keyword id="23806452" type="General" weightage="20" keywordseo="summer-internship-offers" source="keywords">summer internship offers</keyword> has yet again demonstrated the future readiness of our students in a highly competitive landscape. Globally, there is an ongoing recalibration of managerial jobs and pullback of job postings, hence we are very grateful to our recruiters to repose their trust in our students and our academic processes." Meanwhile, IIM Calcutta said, "The cluster-cohort placement process that involved various policies such as ‘dream offer’ enabled recruiters to find a better student-recruiter fit, making the overall process a win-win for both recruiters and students." For the unversed, IIM Calcutta, established in 1961 as the first Indian Institute of Management, is one of the most prestigious business schools in India and is globally renowned for its academic excellence. Known for its rigorous MBA programme, it has built a reputation for producing leaders equipped with strong analytical and strategic thinking skills. The institute has consistently attracted top-tier recruiters across various industries, and people across the industry keep a close eye during its placement season.

₹1.89 lakh per month for summer internship! Freshers at this institute bag bumper monthly stipend

New Delhi [India], August 12 (ANI): <keyword id="19953789" type="General" weightage="20" keywordseo="IIT-Madras" source="keywords">IIT Madras</keyword> has been ranked the <keyword id="19925221" type="General" weightage="20" keywordseo="best" source="keywords">best</keyword> <keyword id="22759867" type="General" weightage="20" keywordseo="higher-educational-institution" source="keywords">higher educational institution</keyword> in <keyword id="19895063" type="General" weightage="20" keywordseo="India" source="keywords">India</keyword> followed by IISc Bengaluru and IIT Bombay in an overall category in the ranking conducted by the National Board of Accreditation (NBA) and National Institutional Ranking Framework (NIRF). The announcement was made on Monday by the Ministry of Education at an event at the Bharat Mandapam in the national capital that was presided by Union Minister Dharmendra Pradhan. Indian Institute of Technology Madras was ranked first in the <keyword id="22759868" type="General" weightage="20" keywordseo="NIRF-rankings" source="keywords">NIRF rankings</keyword> 2024 and it is the 6th time that it has bagged the top spot in NIRF ranking. IIT-Madras has also been ranked as the best engineering college for the past nine years. In the management category, IIM-Ahmedabad and Bangalore and Calcutta are among the top five. Indian Institute of Science (Bengaluru) ranked as the best university in the country followed by Jawaharlal Nehru University Delhi and Jamia Millia Islamia. Delhi University's Hindu College ranked as the best college in the country followed by Miranda House College and St. Stephen's College. The Chennai-based institute retained the No 1 position in categories "overall and engineering" The NIRF rankings lists was released for 13 different categories, including universities, colleges, research institutions, engineering, management, pharmacy, medical, dental, law, architecture and planning, agriculture and allied sectors, and innovation. The National Institutional Ranking Framework (NIRF) has been accepted by the MoE and launched by Honourable Minister for Education on 29th September 2015. This framework outlines a methodology to rank institutions across the country/ The National Institutional Ranking Framework (NIRF) has been accepted by the MoE and launched by Honourable Minister for Education on September 29, 2015. This framework outlines a methodology to rank institutions across the country. This year, as many as higher 10885 education institutions participated in the NIRF.(ANI)

IIT Madras ranked best higher educational institution in India

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<ul><li>This is the first time the institute has secured 100 per cent placement for a batch this big in its 38-year history.</li><li>The highest package offered during the drive was ₹ 3.5 lakh per month.</li><li>The average and median stipends offered to students were ₹ 1.41 lakh per month and ₹ 1.5 lakh per month. </li></ul> The Indian Institute of Management, <keyword id="6355192" type="General" weightage="50" keywordseo="lucknow" source="Orion">Lucknow</keyword> (IIM-L) has scored 100 per cent placement in its summer placement drive. The drive -- held for the 38th batch of <keyword id="473399" type="General" weightage="50" keywordseo="post-graduate-programme-in-management" source="Orion">Post Graduate Programme in Management</keyword> and 19th batch of PG Programme in Food and Agri-Business Management -- saw 566 students getting a total of 570 offers. This is the first time the institute has secured 100 per cent placement for a batch this big in its 38-year history. According to a press release issued by IIM-L, the highest package offered during the drive was ₹ 3.5 lakh per month. The average and median stipends offered to students were ₹1.41 lakh per month and ₹ 1.5 lakh per month, respectively. This is also the highest-ever in IIM-L's history, added the communique. Students secured offers in varied fields -- including consulting, finance, general management, IT &amp; analytics, sales and marketing, operations and retail e-commerce -- from top recruiters across the globe. During the drive, several major companies came to hire IIM-L students for the first time. These included -- Alkem Laboratories, Berger Paints, Bharat Serums &amp; Vaccines, Big Basket, Castrol, CK Birla, DSP Investment Managers, GEF Capital Partners, <keyword id="720079" type="General" weightage="50" keywordseo="ivycap-ventures" source="Orion">IvyCap Ventures</keyword>, <keyword id="1196648" type="General" weightage="50" keywordseo="lincoln-international" source="Orion">Lincoln International</keyword>, L'oreal, Ninjacart, Redseer Consulting, SBI Capital, Sony Pictures, The <keyword id="1855697" type="General" weightage="50" keywordseo="rohatyn-group" source="Orion">Rohatyn Group</keyword>, <keyword id="4053635" type="General" weightage="80" keywordseo="transunion-cibil" source="Orion">Transunion Cibil</keyword>, and <keyword id="5921903" type="General" weightage="80" keywordseo="whiteboard-capital" source="Orion">Whiteboard Capital</keyword>. Meanwhile, several other companies that have recruited from the institute earlier as well also participated in the drive. These included -- Accenture, Aditya Birla Group, Adobe, Alvarez &amp; Marsal, Amazon, Arthur D. Little, Atlassian, <keyword id="6429146" type="General" weightage="80" keywordseo="avendus-capital" source="Orion">Avendus Capital</keyword>, Bain &amp; Company, Boston Consulting Group, Citi Group, Colgate-Palmolive and Deloitte. "Despite the current state of economy, the placement drive was made a huge success by the relentless support of recruiters and placement teams, making it the best placements with more than 185+ recruiters participating in the process," said the IIM-L release SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/gautam-adani-and-mukesh-ambani-dominate-the-india-rich-list-with-the-gap-between-them-the-rest-of-india-inc-being-a-very-large-one/articleshow/94751112.cms">Gautam Adani and Mukesh Ambani - dominate the India rich list with the gap between them the rest of India Inc being a very large one</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/news/apple-to-declare-iphone-5c-obsolete-by-next-month/articleshow/94750969.cms">Apple to declare iPhone 5c 'obsolete' by next month</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/1000-ev-charging-stations-to-be-set-up-in-delhi-in-a-year-govt/articleshow/94742229.cms">1,000 EV charging stations to be set up in Delhi in a year: govt</a>

IIM-L scores 100% placement

New Delhi [India], January 5 (ANI): A recent case study conducted by the Indian Institute of Management (IIM) Lucknow, commissioned by the Department for Promotion of Industry and Internal Trade (DPIIT), unveils a success story for the Indian <keyword id="138116" type="General" weightage="20" keywordseo="toy-industry" source="Orion">toy industry</keyword> in the fiscal year 2022-23. The study indicates a notable decline of 52 per cent in toy imports and an impressive surge of 239 per cent in toy exports compared to the fiscal year 2014-15. The report credits the government's dedicated efforts in the past six years for creating a more favourable manufacturing ecosystem for the Indian toy industry. During this period, the number of manufacturing units doubled, reducing dependence on imported inputs from 33 per cent to 12 per cent. Furthermore, gross sales value witnessed a Compound Annual Growth Rate (CAGR) of 10 per cent, accompanied by an overall increase in labour productivity. The findings highlight India's emergence as a prominent player in the global toy value chain, evident in the country's integration into the global toy value chain and zero-duty market access for domestically manufactured <keyword id="25284" type="General" weightage="20" keywordseo="toys" source="Orion">toys</keyword> in nations like the UAE and Australia. The report positions India as a viable alternative to established toy hubs like China and Vietnam. To solidify its position in the global market, the report emphasizes the need for consistent collaborative efforts between the toy industry and the government. Key areas identified include technological advancements, e-commerce integration, partnerships and exports, brand-building investments, engagement with educators and parents for effective communication with children, valuing cultural diversity, and collaboration with regional artisans. The Indian government has implemented various interventions and initiatives to foster growth in the toy industry. These include the formulation of a comprehensive National Action Plan for Toys (NAPT) with 21 specific action points, increases in Basic Customs Duty (BCD) on toys, sample testing of each import consignment by the <keyword id="19992660" type="General" weightage="20" keywordseo="directorate-general-of-foreign-trade" source="keywords">Directorate General of Foreign Trade</keyword> (DGFT) to curb sub-standard imports, issuance of a Quality Control Order (QCO) for toys in 2020, and support through cluster-based approaches. The report indicates significant interest from global retail giant Walmart to import toys from India and sell them worldwide. Walmart has set a target of USD 10 billion for overall imports from India, including Indian toys. With the concerted efforts of the government and domestic manufacturers, the Indian toy industry is projected to witness substantial growth in the next five years. DPIIT Secretary mentions that the global toys industry stands at around USD 300 billion, whereas India holds around USD 1.5 billion. He envisions a doubling of the Indian toy industry in the next five years. <keyword id="20072072" type="General" weightage="20" keywordseo="sanjeev-singh" source="keywords">Sanjeev Singh</keyword>, Joint Secretary at DPIIT, reveals Walmart's interest in Indian toys, with a target of USD 10 billion in overall imports from India. Professor Sanjay Kumar Singh of IIM Lucknow notes a substantial reduction in India's dependency on Chinese imports, from 94 per cent to 62 per cent. Over 1,200 safety licenses issued by the <keyword id="20050220" type="General" weightage="20" keywordseo="bureau-of-indian-standards" source="keywords">Bureau of Indian Standards</keyword> (BIS) to domestic toy manufacturers further emphasize the safety and quality standards upheld by the industry. The successful trajectory of the Indian toy industry, reflected in declining imports, soaring exports, and quality improvement, showcases the positive impact of collaborative efforts and strategic government interventions. As the industry sets its sights on global markets, the case study underscores the importance of continued collaboration for sustained growth and innovation in the Indian toy sector. (ANI)

Indian toy industry witnesses 239% increase in exports: IIM Lucknow report

Consulting firms were the top recruiters in the Indian Institute of Management, Calcutta final placement for the 58th batch of the two-year MBA programme followed by <keyword id="25455" type="General" weightage="80" keywordseo="finance" source="Orion">finance</keyword>, sales and marketing companies, a statement issued by the institute said. The final placement drive which concluded on February 24, secured 573 offers for the entire 58th batch. The process was conducted in a hybrid mode, it said. The consulting sector recruited the highest (232 offers), followed by the Finance sector (86 offers), and the two sectors accounted for 55.5 per cent of the total hires, the statement said. Leading consulting firms like Accenture Strategy, Bain &amp; Co, Boston Consulting Group, Kearney and McKinsey &amp; Co, were the top recruiters in the consulting sector. Sales &amp; Marketing (52 offers) and General Management (82 offers) combined accounted for 23.4 per cent of total hires, with companies like Aditya Birla Group, <keyword id="462960" type="General" weightage="50" keywordseo="tata-administrative-services" source="Orion">Tata Administrative Services</keyword>, Vedanta, etc, being amongst the top recruiters in this sector. Top software services and E-commerce brands continued their strong showing accounting for nearly 18.2 per cent of hires. Top recruiters included Amazon, Adobe, Flipkart, Microsoft, Navi, Paytm, Salesforce, <keyword id="830092" type="General" weightage="50" keywordseo="zomato" source="Orion">Zomato</keyword>, etc. The placement season concluded with students receiving average yearly compensation of Rs 35.07 lakh and median compensation being Rs 33.67 lakh, with the top 25 per cent percentile (in terms of salaries offered) of students receiving yearly compensation on average of Rs 50.86 lakh. <keyword id="16727203" type="General" weightage="80" keywordseo="akhil-sachan" source="Orion">Akhil Sachan</keyword> from the 58th batch said, "The final placements this year at <keyword id="19478" type="General" weightage="100" keywordseo="iim" source="Orion">IIM</keyword> Calcutta have been exceptional, especially when you take account of the stressed market conditions. The IIM (C) Joka spirit of standing together and not leaving anyone behind stood tall once again when two years' worth of effort fructified during the last week. The placement team has done a commendable job by bringing in a large number of new recruiters and providing a greater variety of roles..." SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/science/space/news/nasas-curiosity-rover-captures-first-sun-rays-on-mars/articleshow/98471257.cms">NASA's Curiosity rover captures first 'Sun Rays' on Mars</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/auto/news/evs-will-increase-indias-dependence-on-china-for-raw-materials-battery-production-gtri-report/articleshow/98470819.cms">EVs will increase India's dependence on China for raw materials, battery production: GTRI report</a>

Consulting firms top recruiters in IIM Calcutta final placement

<ul><li><keyword id="78512" type="ORGANIZATION" weightage="20" keywordseo="IIM-Calcutta">IIM Calcutta</keyword> on Thursday said it will be digitally conducting the flagship two-year MBA programme for the incoming batch of 2020-2022 from August 10.</li><li>Around 480 students from across the country will be joining the <keyword id="2608699" type="PERSON" weightage="20" keywordseo="virtual-classes">virtual classes</keyword>. </li><li>Online classes for second-year MBA students will commence from August 3. </li></ul>IIM Calcutta on Thursday said it will be digitally conducting the flagship two-year MBA programme for the incoming batch of 2020-2022 from August 10. Around 480 students from across the country will be joining the virtual classes. Online classes for second-year MBA students will commence from August 3. Keeping in mind the safety of the candidates, staff and faculty members in the wake of the COVID-19 pandemic, all admission interviews were conducted online, an IIM-C statement said. "As it was not feasible to conduct written ability test with fairness through the online admission process, the institute decided not to consider the weightage given for WAT for the final selection of MBA 2020-22 batch," it said. <keyword id="9677501" type="PERSON" weightage="20" keywordseo="prof-peeyush-mehta">Prof Peeyush Mehta</keyword>, Operations Management Group, said the institute is creating technology solutions for MBA students to "mimic" the <keyword id="9677502" type="UNKNOWN" weightage="20" keywordseo="classroom-experience">classroom experience</keyword> to the extent possible in online mode. "To make the learning experience better, the students will be distributed across six sections of class strength, 80 in each section. There would be an average of four-five hours of total classroom live contact hours," he said. The institute will also assist students facing internet issues, including providing recordings of a missed class, opportunity to interact with the instructors after the class and additional tutorials, Mehta said. "Overcoming the challenges posed by the pandemic, we have put a plan in place to ensure an excellent learning experience through online onboarding and instruction for the incoming batch," Director, Prof Anju Seth, said. SEE ALSO: <a href="https://www.businessinsider.in/stock-market/news/india-stock-brokers-hit-by-sebi-direct-market-access/articleshow/77198064.cms">India's broking industry just got the shock of its life – SEBI may soon allow investors to trade directly on the exchanges</a> <a href="https://www.businessinsider.in/business/corporates/news/ril-has-a-sobering-quarter-if-not-for-jio-and-bp-stake-sale-it-would-have-been-much-worse/articleshow/77264366.cms">RIL has a sobering quarter⁠— if not for Jio and stake sale to BP it would have been much worse</a> <a href="https://www.businessinsider.in/defense/news/comparison-of-indias-rafale-fighter-jets-with-chinese-latest-j-20-fighter-jets/slidelist/77238828.cms">India’s Rafale fighter jets — Here’s how it stacks up against Chinese J-20</a>

IIM Calcutta to begin online classes for fresh MBA batch from August 10

Global consulting firm <keyword id="50041" type="General" weightage="100" keywordseo="kpmg" source="Orion">KPMG</keyword> is laying off 2 per cent of its workforce that will impact about 700 employees in the US, owing to a "sharp slowdown in its consulting business". According to The <keyword id="35662" type="General" weightage="50" keywordseo="financial-times" source="Orion">Financial Times</keyword>, KPMG has become the first of the Big Four accountancy firms to reduce jobs amid global macroeconomic conditions. The job cuts, according to <keyword id="16550471" type="General" weightage="50" keywordseo="carl-carande" source="Orion">Carl Carande</keyword>, vice-chair of KPMG's US advisory business, were needed to "better align our workforce with current and anticipated demand in the market". According to the report, like the other Big Four firms (EY, Deloitte, and PwC), KPMG has also been struggling with the collapse in merger and acquisition activity, which has hit its deal advisory business. "We continue to have more people than needed to meet current demand," Carande wrote in an internal memo. "The reductions are spread across the US and across the consulting business, but do not include any partners," said the report. The Big Four financial accounting firms went on a hiring spree in the wake of the pandemic, as demand for IT consulting and deal advisory work had surged. Last month, global investment firm <keyword id="6361649" type="General" weightage="50" keywordseo="goldman-sachs" source="Orion">Goldman Sachs</keyword> fired more than 3,000 employees in disguise of business meetings as early as 7.30 a.m. and the meetings with senior managers were put on Google calendar under "false pretenses", according to media reports. The layoffs at the global financial services also hit Indian workers hard and some of the impacted IITians and <keyword id="19478" type="General" weightage="50" keywordseo="iim" source="Orion">IIM</keyword> graduates had shared their plight on various social media platforms. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/telecom/news/block-pesky-calls-and-texts-from-telemarketers-trai-tells-telecos/articleshow/97977846.cms">Block pesky calls and texts from telemarketers, TRAI tells telecos</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/of-total-840-aircraft-order-470-is-for-planes-while-the-rest-370-are-options-says-air-india-executive/articleshow/97978085.cms">Of total 840-aircraft order, 470 is for planes while the rest 370 are options says Air India executive</a>

Consulting firm KPMG to lay off about 700 employees in US

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Indian Institute of Management (IIM) has initiated the registration process for <a href="https://iimcat.ac.in/per/g01/pub/756/ASM/WebPortal/1/index.html?756@@1@@1">Common Admission Test</a> (CAT) 2019. And the last day to register is 18 September. The admit cards will be available on the institute’s official website on 23 October. <keyword id="126478" type="COMPANY" weightage="20" keywordseo="IIM-Kozhikode">IIM Kozhikode</keyword> will conduct the examination this year. The interested candidates can register on the official website iimcat.ac.in. According to the website notification, the <keyword id="6697097" type="UNKNOWN" weightage="20" keywordseo="cat-exam-2019">CAT exam 2019</keyword> will be held on 24 November 2019 across locations. “Tutorials to understand the format of the test will be available on the CAT website from October 16, 2019. Candidates are advised to work on the tutorials available on the CAT website well in advance,” said Prof. Shubhasis Dey, conveners, <keyword id="6697089" type="UNKNOWN" weightage="20" keywordseo="cat-2019">CAT 2019</keyword> in the <a href="https://iimcat.ac.in/per/g01/pub/756/ASM/WebPortal/1/PDF/CAT_2019_Media_Release.pdf">press release</a>. The result is expected to be declared by the second week of January 2020. The registration fees for general categories is ₹1900 and ₹950 for reserved categories including SC, ST and PWD category candidates. The three-hour exam will include three sections — Verbal Ability and Reading Comprehension, Data Interpretation and Logical Reasoning, and Quantitative Ability. Each section will be allowed 60 minutes of time. However, students can not switch to a different section without completing the previous one. The exam paper will also include descriptive questions and the students will be allowed to use basic calculator available on the screen.

You Searched For "iim" and got 10 results

₹1.89 lakh per month for summer internship! Freshers at this institute bag bumper monthly stipend

Divyanshi Sharma

IIT Madras ranked best higher educational institution in India

ANI

10 start-up incubators to kickstart your venture in India

Prerna Tyagi

IIM-L scores 100% placement

IANS

Indian toy industry witnesses 239% increase in exports: IIM Lucknow report

ANI

Consulting firms top recruiters in IIM Calcutta final placement

PTI

IIM Calcutta to begin online classes for fresh MBA batch from August 10

PTI

Consulting firm KPMG to lay off about 700 employees in US

From Tata CLiQ to Paytm to Meta India: the professional journey of Vikas Purohit

Eetika Kapoor

IIM CAT 2019: Registration process begins, check last date to apply @iimcat.nic.in

Prerna Sindwani

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