IIM Calcutta summer placements in 2024 were impacted by tech/startup slowdown but still strong overall for top performers. At IIM Calcutta (Rs 27L fees, Rs 34.23 LPA avg, 99%+ CAT cutoff), 2024 summer placements saw reduced tech/PM hiring (typically 20-30% of batch) due to global tech layoffs.
Consulting (MBB + tier 2), finance, and FMCG held steady or increased hiring. The darthvader9840 commenter noted "got one of the lowest summer internships by IIM C standards" referring to the 100-percentile student Soham Katkar - suggesting even top CAT scorers don't guarantee top internships. Summer stipend ranges at IIM C 2024: MBB at Rs 3-4L stipend (Rs 35-45 LPA CTC equivalent), bulge bracket IB at Rs 4-5L stipend (Rs 50-60 LPA CTC equivalent), FMCG at Rs 2-3L stipend (Rs 25-30 LPA equivalent), tech PM at Rs 2.
5-3.5L stipend (Rs 30-40 LPA equivalent). The 2024 summer placement lesson: CAT score doesn't equate to placement quality.
Internship performance depends on interview prep, case comp participation, work-ex quality, and luck. For aspirants: CAT is just the gateway; placement success is separate battle. Don't assume IIM admission automatically yields top placements.
Prepare for summers with equal intensity post-admission. The comment implied Soham's low summer internship possibly motivated his CAT retake for ego reasons - speculation but consistent with the thread narrative. Check your eligibility at collvera.