12.5.16

IIT Kharagpur placement: Management students get CTC of Rs 21.17 lakh

As the students of Indian Institute of Technology (IIT) - Kharagpur gets 100 percent placement in top organisations, the Cost to Company (CTC) also increased as compared to previous year.

As the students of Indian Institute of Technology (IIT) - Kharagpur gets 100 percent placement in top organisations, the Cost to Company (CTC) also increased as compared to previous year.
To a surprise, IIT Kharagpur's Vinod Gupta School of Management (VGSoM) students got a jump of 14.18 percent jump in average CTC. 
Details of CTC offered:
  • The batch of 2014-16 has achieved highest CTC of Rs 21.17 lakh
  • While, the average CTC attained by students is Rs 14.01 lakh
  • In the first phase of placements, 98 percent students got placed
  • The Pre placement interview (PPI)/ Pre-Placement Offer (PPO) conversion was also close to 90 percent
  • For the batch of 2015-17, VGSoM has also concluded the summer placements and for the first time 24 companies visited the campus
  • Also, around 97 offers were given to students with average compensation increasing to 30 percent 
  • Students were given average stipend of Rs 76,880
  • The highest domestic stipend given was Rs 1, 50,000
  • The highest international stipend was Rs.5, 00,000
  • Moreover, international summer internship was offered at VGSoM  students for the first time
The companies that participated in the placement process of 2015-17 were BCG, Accenture, Titan Company Ltd., National Instruments, Nomura, Wipro, PWC, Maersk Line, McCain, Myntra.com, ABP, Spencer's, BlueSt and among others.
Top companies that visited the campus for 2014-16:
  • Accenture Strategy
  • Tata Motors
  • Titan Company Ltd
  • Deloitte
  • Cognizant Business Consulting
  • Rolls Royce
  • McKinsey Solutions
  • ICICI Bank
Job profiled offered:
  • Senior Business Consultant
  • Data Analyst
  • Business Analyst
  • Strategy and Operations
  • Supply Chain Consulting
  • Program Manager
  • Manager- Sales & Marketing
  • Manager- Strategy & Planning
  •  Financial Analyst
  • Account Manager
  •  Purchasing Manager
  • Technology Consultant
  • Supply Chain Consultant
As per an Indian Express report, as of now, this was the highest CTC offered to IIT Kharagpur's Vinod Gupta School of Management (VGSoM) students.

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