Kolkata, May 21 (IANS): The fifth batch of the Indian Institute of Management-Calcutta's (IIM-C) Post-graduate Programme for Executives (PGPEX) got placed successfully with the highest salary offered being Rs.2.8 million per annum.

The batch comprised 44 students, of whom seven did not participate in the placement process. The average salary was around Rs.2.4 million per annum, according to an IIM statement.

The 51 participating companies - making 49 offers - included McKinsey IT, Microsoft, Google, Cognizant Business Consulting, Infosys, Amazon, Accenture, HCL Technologies, Take Solutions and Wipro BPO.

Among the first-time recruiters are Sears IT, Medtronic, Keane Consulting, CGN Consulting, Microsoft, Accenture BPO and Wipro BPO.

The highest number of offers (10) was made by Tech Mahindra and the highest salary per annum - Rs 2.8 million - was offered by Take Solutions.

Students have been offered posts like vice-president, senior business manager, consultant and senior consultant.

Besides consulting companies, the placement process saw participation from a wide range of sectors including auto, pharma, metal & mining, and oil & gas.

The PGPEX programme was started in 2006.