SIP stipends at IIM Calcutta range from Rs 50,000 per month for general management and marketing to Rs 2 LPM for top product management and consulting roles. Product management leads the pack at Rs 1.25-1.
75 LPM on average, with top-tier PM firms going up to Rs 2 LPM. Tier 1 consulting firms (MBB) offer Rs 1.25-1.
5 LPM for 2-month SIPs. Finance SIPs vary: bulge bracket IB can hit Rs 1.5-2 LPM but those are for 1-2 seats out of 20-25 shortlists.
General management SIPs from Aditya Birla, Reliance, and Tata type conglomerates sit at Rs 60,000-80,000 per month. Marketing SIPs from HUL, P&G, ITC range Rs 1-1.25 LPM.
The last 50-60 students of a 480+ batch usually settle for low-stipend SIPs, which is normal every year. IIM C charges Rs 27L in fees and places at Rs 34.23 LPA average, making even an average SIP economically viable given the 2-year payback.
The SIP-to-PPO conversion is a key signal: a branded SIP with PPO often translates to Rs 30+ LPA final placement. Day 1 of SIP process accounts for the top 40-50% of the batch; by Day 3 most students get placed. Workex holders have a clear advantage in Day 1 finance and consulting slots.
Check your eligibility at collvera.