Big names line up for biggest lateral placement at IIM-C

BIG DAY: Lateral placements at IIM-Calcutta this year are highest among all B-schools.

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New Delhi: As many as 180 students of IIM-Calcutta are participating in the lateral placement process this year, which is the highest among the B-schools in the country.

"The number of students participating in the laterals process at IIM Calcutta is comparable to the entire batch strength of other B-Schools, providing recruiters a huge and diverse pool of talent to choose from," IIM-C Placement Co-Ordinator Georgie Mathews said.

Students with at least 22 months of prior work experience can participate in the lateral placements. Such candidates already have a practical feel of the corporate sector and as such are capable of handling bigger roles as opposed to a fresher without any experience, it said.

The process, which began last week, saw the participation of some of the biggest names in the world including the likes of consulting powerhouses like PwC and international steel major Arcelor-Mittal, the statement said.

The largest batch of students across IIMs has seen a great start to the recruitment season with around 50 job offers being made in the first week itself, as against a total of approximately 100 offers in the entire laterals season last year.

The lateral recruitment program offers profiles in the middle-management and top management roles. This year, senior management roles were offered in the corporate finance and capital markets division of a leading private sector bank.

In the technology sector, IT majors like Microsoft and HCL have already visited the campus, while many more have confirmed participation, making the general outlook very encouraging.

There is a significant rise expected in this year's placement figures over the last year's, Mathews added.

Strategy roles in the booming real estate industry has been a major draw this year, with the Lodha Group having made multiple offers and DLF, Unitech and MARG also expected to participate.

Consulting major CapGemini, the Hinduja Group and Al-Ghanim have also offered multiple consulting and general management profiles, including international offers.

IIM-Calcutta, which has close to 300 students, is one of the most preferred campuses to recruit from with major names across the domains of finance, banking, general management, marketing and IT making their recruitments here.

Companies hugely benefit from the lateral placement programme as they get a large pool of participating students with increased maturity in aspirations, outlook and career goals. Prior experience obviates need for training, compared to fresh graduates.