What is the median SIP stipend and CTC at IIM Calcutta?

IIM Calcutta's median CTC for the PGP Class of 2024 stood at ₹30 LPA, with a median summer internship stipend of ₹1.25 LPM for consulting, general management, and marketing roles. These numbers place IIM Calcutta firmly among the top three IIMs by placement outcomes, behind only IIM Ahmedabad and IIM Bangalore on median figures.

Domain-Wise CTC Breakdown

General management and marketing roles cluster in the ₹22-32 LPA band, with most offers landing between ₹25-30 LPA. Consulting offers from McKinsey, BCG, and Bain push well past ₹30 LPA for first-year analysts.

Finance shows the widest variance: corporate finance aligns with the median, while investment banking and private equity offers from Goldman Sachs, JP Morgan, and Blackstone frequently exceed ₹40 LPA.

Product management roles at Amazon, Flipkart, and Google range from ₹28-38 LPA. Operations and supply chain positions typically sit at ₹20-28 LPA, reflecting sector norms rather than college standing.

Summer Internship Stipend Patterns

The ₹1.25 LPM median applies primarily to consulting, general management, and marketing internships. Finance internships at bulge-bracket banks can reach ₹1.5-2 LPM, while tech product roles often touch ₹1.8-2.2 LPM. These gaps matter because SIP stipends are a reasonable proxy for where a domain's final placement offers will land.

Around 60-70% of the cohort secures summer placements in consulting and general management combined, which means these two domains anchor the median calculation. Niche domains like private equity or venture capital see fewer slots but significantly higher per-role compensation, pulling the mean above the median.

PPO Conversion and What It Means for You

PPO (pre-placement offer) conversion rates at IIM Calcutta run roughly 30-40% of the summer cohort, depending on the year and firm-level headcount decisions. Consulting firms are generally selective on PPOs, while FMCG firms like HUL and P&G convert at higher rates.

This means a strong SIP performance in consulting does not guarantee a return offer the way it might in an FMCG internship.

Getting a PPO is not just about performance: team fit, project visibility, and cohort size at the firm all matter. Don't treat a good SIP stipend as proof that a PPO is coming.

How IIM Calcutta Compares to Peers

IIM Calcutta's ₹30 LPA median is marginally below IIM Ahmedabad's reported ₹32-34 LPA median but ahead of IIM Lucknow and IIM Kozhikode. The gap narrows considerably once you account for domain mix, since IIM Calcutta sends a higher share of graduates into finance and consulting compared to most peers, which structurally supports its median.

The honest read: if you are aiming for consulting or investment banking, IIM Calcutta's recruiter access is genuinely top-tier. For general management or marketing, the difference versus IIM Ahmedabad is smaller than the rankings suggest.