IIM Calcutta PGPEX-VLM placements: Average salary up by 11 per centSeptember 1, 2014
IIM Calcutta has completed final placements and average salary for executives for visionary leadership in manufacturing (PGPEX-VLM) has gone up by 11 per cent, reported a newspaper daily.
The average salary increased to Rs 14.75 lakh, compared to Rs 13 lakh last year.
The highest salary bagged by the batch of 38, including six sponsored candidates, is Rs 22.5 lakh. Management consulting firms like TCS, CGN Consulting, Valcon Management Consultants, Accenture and KPMG made the maximum number of offers, followed by automotive, general management, engineering and heavy engineering, infrastructure, supply chain, and IT.
Several auto companies present in placements made their presence felt extending job offers to prospective candidates. The automotive domain was represented by the likes of Daimler, Renault Nissan, TVS, and Wheels India. L&T and Crane Flow were the employers in the engineering and heavy engineering sector.
Also Reliance Cement, Dr Reddy's Lab and ABB Global Services offered placements in the sectors of general management, infrastructure, supply chain, and IT respectively. The PGPEX-VLM, with dual accreditation of AACSB and AMBA, aims to create visionary leaders to enhance competitiveness of the Indian manufacturing industry.
PGPEX-VLM programme is the first one to be jointly conducted by three reputed institutes, namely, IIM Calcutta, IIT Kanpur, and IIT Madras. The programme has an international dimension in the form of the students taking 2-3 weeks of industry visit in Japan for studying best manufacturing practices under the aegis of Japan International Cooperation Agency ( JICA).