Category Archives: Placements

Final Placements- Batch of 2014!

Placements Report | Batch of 2014

IIM Kozhikode has completed final placements for the graduating batch of 2014, with 355 offers being made to 344 participating students. There was greater than 10% increase in annual compensation figures from the previous year, and a marked increase of 25% in the number of offers made per recruiter. The season saw offers being made by 108 recruiters, including 39 new recruiters. The highest annual domestic salary offered was INR 32 lakhs, and the highest international salary was INR 33 lakhs. The number of Pre Placement Offers (PPOs) broke new ground this year, with the figure witnessing a 37% increase over the previous year.

The major recruiters this season were Deloitte, Deutsche Bank, Goldman Sachs, and IBM Consulting, which together made 38 offers. New recruiters included EXL Services, Google, Kellogg’s, Phillips, Samsung, and TVS Logistics, among others.

Finance firms made offers to 21% of the batch, with recruiters like American Express, Citibank, CRISIL, Dell Financial Services, Deutsche Bank, Goldman Sachs, HSBC, ICRA, JPMC, Nomura, and SBI Caps offering roles in corporate finance, investment banking, capital markets, asset management, risk analysis, and global investment research. The Marketing & Sales domain saw 28% of the batch securing offers in companies such as Airtel, Amul, Arvind Lifestyle, Asian Paints, Bajaj, Emami, GSK Pharma, HUL, ITC, Madura, Marico, Pepsico, Pidilite, Raymond, Tata Steel, Vodafone, and UB Group.

Consulting and General Management roles were offered by Cipla, Cognizant Business Consulting, Deloitte, IBM, KPMG, JSPL, L&T, PwC, Ranbaxy, Reliance, RPG, and TAS, among others. Notable roles in strategy were offered by Anand Bazaar Patrika, Matrimony.com, Mahindra & Mahindra, and Unisys. Mahindra hired a student as executive assistant to their Chief Brand Manager and Group Strategy Head – Defence Sector.

Roles in operations were offered by Amazon, Asian Paints, Flipkart, HCCB, ING Vysya Bank, NSE, and TVS Logistics. More than 15% of the batch secured jobs in technology, business intelligence, and allied fields from companies including Accenture, Capgemini, Fidelity Investments, HCL, LatentView Analytics, Mahindra Comviva, Microsoft, TCS, and Wipro.

More than 25 international offers were made this year, with roles spanning across 7 countries. Paramount Computer Systems and NMC Healthcare offered UAE-based marketing and sales roles in information security and healthcare respectively. Kadence International offered front end roles based out of Indonesia.

Prof. Kulbhushan Balooni, Chairperson – Placements, said, “The students have responded well to the changing needs of the industry, as seen by a consistent placements performance across verticals. It was heartening to see recruiters open new roles on campus and acknowledge the students’ varied skill-sets. In addition to the strong domestic season, we have maintained a positive relationship with the Middle East in terms of international placements. With the support of our growing alumni base, we hope to build new global partnerships in the coming years.”

IIM Kozhikode Final Placements for the 2010- 12 batch

FINAL PLACEMENTS 2012: A Test of resilience

IIM Kozhikode completed the final placements for the 2010- 12 batch. 135 companies participated in the process and made offers to a batch of 317 students across Finance, Marketing, Operations, Consulting, General Management, IT and HR sectors. Amidst recessionary pressures, IIM Kozhikode strived to carve out a niche for itself as India’s leading B-School by placing its 14th batch in reputed companies like Deutsche Bank, Nomura, Goldman Sachs, ICICI, Deloitte Consulting, HUL, ITC, Cognizant, Arvin Meritor, Ingersoll Rand and many more.

A number of new companies hired from IIMK resulting in an increased number of first time recruiters. These include companies such as Amazon, Zynga, Maruti Suzuki, Flipkart, Texas Instruments, Dell, Reserve Bank of India and UB Group. Many companies offered senior managerial roles to students with relevant work-experience. The average salary per student witnessed a rise of 7% over last year’s figures.

IIM Kozhikode successfully completed placements despite concerns of global slowdown and an increased batch size  

average ctc across verticalsHighest CTC across verticals

 

 

The PPO Advantage:

The silver lining of this year’s placement was the significant increase in the number of PPOs offered to students. From 18 PPOs last year, the number increased to 51 PPOs offered to students across verticals. Industry stalwarts like Colgate Palmolive, P&G, HUL, ITC, Deutche Bank, Mahindra & Mahindra, Airtel, JP Morgan Chase, Citi Bank, Standard Chartered and Reliance Industries preferred the PPO route.

Vertical Wise Offers

Finance

In spite of the fact that Finance sector suffered the most due to recession, IIMK was able to add new companies to their portfolio. Along with the regular recruiters Deutsche Bank, Goldman Sachs, Nomura, Citi Bank, HSBC-GR many multinational financial institutions such as Societe Generale also started recruiting from IIMK this year. Investment banks offered the highest salaries to the finance whiz kids of the institute.

The Indian banks were equally aggressive; hiring the best talent from IIMK for several financial institutions like RBI, ICICI Bank, Yes Bank, Indus Valley Partners, SBI Caps, SBI General Life Insurance, Futures First, ICRA etc.

The roles offered ranged across Corporate Finance, Treasury, Risk Management and Investment Banking.

Marketing

IIMK once again established itself as the favorite destination for both FMCG and B2B marketing firms. While HUL, ITC, Pepsi and HCCB led the FMCG offers; 3M, Asian Paints, Airtel, Idea led the B2B and service marketing verticals. Indian marketing giant Amul visited the campus for the first time offering marketing roles to a few students.

In the broader marketing domain, firms like Pfizer, Videocon, Arvin Meritor, GSK Pharma, Dell, FEI Cargo, participated in the placements process. Ingersoll Rand recruited from IIM-K for the first time and offered roles to 4 students. 

General Management & Consulting

TAS recruited for the first time and gave offers to 6 students, the highest across any IIM. Besides TAS, Reliance Industries Ltd., Reliance ADAG, L&T, Mahindra & Mahindra, Olam International, Thomas Cook and Manipal Group offered roles in General Management.

On the consulting side, McKinsey, Gallup Consulting, PWC, Deloitte, KPMG, Cognizant Business Consulting, Wipro Consulting Services, HSBC Consulting participated in the placements process.

IT / ITES

IT companies recruited in numbers with Capgemini, HCL, HP, TCS, Wipro, Mindtree and Aricent leading the pack. Along with IT services firm, product companies such as Facebook, Yahoo, Microsoft etc showed interest in IIMK students.

E-Commerce

This year e-commerce came up as a significant vertical showing the growth of online retail in India. Amazon, eBay, Flipkart, Yebhi.com, Zynga were some of the leading e-commerce giants that recruited from IIM Kozhikode for the first time bringing in a new hope and optimism in an otherwise slow economy.

Operations

The operations vertical also witnessed a few big names in the industry recruiting from IIMK. P&G, Airtel, Asian Paints, Tata Motors and Amazon are few of the names that offered roles in Supply Chain Management, Procurement, Logistics and Service delivery.

Strategy and alliances

An increased number of senior profiles were offered by the medium capital companies and SMEs. Roles of Chief Strategy Officer, Executive Assistant to the CEO and other similar leadership level roles were offered by companies which wanted IIM Kozhikode students to drive their organization towards higher levels of growth.

Corporate speak:

“The professional manner in which the recruitment process was conducted is highly commendable. It was well planned and coordinated. There were no delays and waiting. The placement team was very cooperative and understanding. We had a good time at the campus” – Madura F&L

Public Sector:

PSUs made their presence felt on campus through the regulator RBI and financial behemoth UTI. Oil and power sector PSUs also visited campus recruiting some of the best talent from IIMK. ONGC, PFC, Power Grid, Bank of India were the other preferred companies for students who wanted to start their career in the government sector.

Entrepreneurship: In pursuit of dreams

There were many students who decided to join start-ups like Sports Cradle, Global Environment Concern, Neudesic and Heckyl to venture into the unexplored territories and test their entrepreneurial abilities. Students from IIMK were willing to experiment with going for better roles than bigger brands.

Corporate speak

“Our experience with IIM Kozhikode was excellent with the quality of candidates and the process. We were delighted to see absence of any pressure to take a decision on a student under time constraints. Not only could I talk to a candidate but also let other leadership team members talk to the candidates at ease. In the end, I am very confident of the decisions taken, even though we were hiring MBAs from campus for the first time. We will certainly increase our numbers next year.” – Idea Cellular

The Alumni Network

The Alumni of the institute played an integral role in this year’s placements by ensuring participation of some of the best companies in the industry in the placement process. Several alumnus having senior roles in companies personally accompanied their companies to IIM Kozhikode to assist in the on-campus recruitment process.

SME Advantage:

IIMK also tapped the growing SMEs which are looking at expanding their business into new markets. Firms like AVT Consumer products, Arbitron and Suntec recruited students for their marketing and corporate strategy verticals. International offers were given by a few firms in the marketing and operations verticals. IIM Kozhikode had several first time recruiters. Global Environment Concern (GEC), Innovation Labs-Customer 24*7, Xchanging, V2 Solutions Pvt. Ltd., String Infotech, Arbitron etc participated in the placement process.

Corporate Speak

“We were extremely satisfied with the efficiency with which the process was conducted and the quality of the students.” TATA Motors

IIM Kozhikode Summer Placements 2012-13

Indian Instiitute of Management, Kozhikode announces the sucessful completion of the Summer Placements Process for the fifteenth batch of the flagship PGP program comprising 343 students. IIM Kozhikode continued to maintain it’s 100% placement record with over 100 firms making internship offers spanning across all verticals. The summer process saw the participation of over 35 firms that took part for the first time in addition to the loyal recruiters who have always believed in the talent pool at IIM Kozhikode. Many of the firms made a record number of offers, the highest over several years, reaffirming the status of the college as a premier institution of global repute.

The first-time recruiters were impressed by the academic excellence & rigor of the curriculum and the diverse talent pool available at IIM Kozhikode. One of India’s most admired and trusted company that participated for the first time, was amazed by the quality of students and went ahead to make the largest number of offers in their history of recruiting across all campuses. Several first time recruiters from across verticals like TAS, CLSA, Societe Generale, Amazon, Avalon Consulting, Macquarie Capital, Yahoo, Dabur, RPG Group, Mentor Graphics, Dawn Consulting, Ittiam systems, UAE Exchange & Herbz were appreciative of the talent on offer and offered senior roles at foreign locations like Hong Kong, London & Dubai.

Global powerhouse brands like HUL, Reckitt Benckiser, Nomura, Deutche Bank, Citibank, HSBC, Deloitte Consulting, J P Morgan Chase, Johnson & Johnson, PepsiCo, Hindustan Coca-Cola Beverages & Standard Chartered Bank continued their strong association with IIM Kozhikode by recruiting in large numbers. Some of India’s most well known MNCs like ITC, Asian Paints, Reliance Industries, Axis Bank, Mahindra & Mahindra & Cognizant also participated in the summer placements process where many students opted to do their internships over other global MNCs. The companies offered challenging profiles across different verticals that would allow the students to understand market realities & apply their business acumen to solve live problems being faced in each of the core sectors.

IIM Kozhikode reestablished itself as the premier Marketing destination with over 30% of the batch bagging offers from the companies in this vertical. With the major upswing noticed in the sector, FMCG companies attracted the largest talent with companies like HUL, ITC, Marico, Reckitt Benckiser, Pepsico, Asian Paints, Johnson & Johnson, Kellogs, Heinz, Perfetti, Hindustan Coca-Cola Beverages, Dabur & Brittania making a large number of offers. Major players in the telecommunications sector like Bharti Airtel also participated in the process. Companies in other sectors like Pharma – GSK Pharma, Medtronics; Apparel & Accessories – Madura Fashion & Lifestyle, Titan, Wildcraft; Home Décor – Akzo Nobel & others like AVT McCormick, AVT Tea & Pidilite also offered challenging roles in the Marketing vertical.

Investment Banks & other financial institutions lapped up 25% of the batch and made a higher number of offers as compared to last year despite concerns over recessionary trends appearing in European markets. Participation of the likes of Deutche Bank, JP Morgan Chase, Nomura, Macquarie Capital, American Express, Standard Chartered Bank, HSBC, Citibank, Goldman Sachs, Edelweiss ensured that there was no dearth of opportunities for students aspiring to a career in finance. In addition to the roles offered in asset management, equity markets & investment banking, Indian banking majors like ICICI & Axis offered commercial banking oppurtunities allowing students to choose between several different areas of specialization. Companies like the L&T group, UST & Prism offerred roles in Corporate Finance, Payments Enablement and other emerging areas in the Finance vertical.

Strategy & Business Consulting, one of the most sought after areas in recent times showed its growing emergence with a large number of students taking up roles in this vertical. It saw participation from loyal recruiters like Deloitte Consulting, Cognizant Business Consulting, Nodwin, Wipro Consulting, Asclepius, Mindtree in addition to several new recruiters.

 

Vertical Wise break-up of offers made at iIM Kozhikode in summer placements 2012Many of India’s well known conglomerates participated in the process offering roles in operations & general management across their group companies. TAS, Mahindra & Mahindra, Reliance Industries, TAFE, L&T, Jindal Steel, GMR offerred varied roles from Infrastructure, hospitality & manufacturing including a role in Sports Management with a top-tier IPL team and a project on improving productivity at India’s finest Airport.

Business Development & IT Consulting roles were also in huge demand with companies like Infosys, TCS, Aricent, Genpact & Wipro offering roles in these areas. Several students chose to break the mould and preferred to take up roles in emerging sectors like Media, Sports Management, Non government enterprise, Healthcare, Online Commerce & Advertising. Companies like MSM India (previously Sony Entertainment Television), HT Media, Bates 141, Milward Brown, Outsmart 360 & Dr. Hussains’ City attracted a large number of students in these growing alternate sectors. Emerging sectors of the Indian economy like realty, educational services & the social sector saw several organizations like Edunirvana, Janaagraha & GEC participate in the process with many students choosing them as preferred internship organizations.

Mr. James Michael David, Head of Training at Outsmart 360 says “The Placements committee took care of anything we needed and above all did it with a smile. There is an awesome bunch of talented students & we are looking at coming back next year to snatch some more.” “We have had a successful summer placements season, continuing the positive trend over the last three years which is a testament to the talent of the students and the innovative curriculum & pedagogy of IIM Kozhikode” says Dr. Sridhar Guda, the Placements Chairperson. Anurag Patra, a member of the Placements committee says, “Apart from traditional domains like finance, marketing & consulting, this year we have been successful in reaching out and engaging sectors like media, education, infrastructure and sports management.”

The alumni network of the Institute, which is getting increasingly stronger by the year, had a big hand to play in ensuring participation from few of the best companies in the industry in the Placement process. Alumni from a lot of companies also made it a point to travel with the recruitment team to the Institute ensuring a smooth conductance of the placements process by the company. The Institute is ever grateful to their support in ensuring that IIM Kozhikode carries forward its legacy of progress & excellence.

IIM Kozhikode Final Placements 2011

IIMK concluded its final placement process for 2011 on the 3rd of March, maintaining its unblemished 100 per cent placement record. IIMK, the fastest growing IIM in India today, successfully placed its largest ever batch of 290 students, in some of the most coveted profiles across industries. The outgoing batch was 16 per cent larger than previous year’s batch of 250 and 56 per cent larger than the 2009 batch of 185.

A total of 110 firms participated in the Placement process this year. The participating firms included the who’s who from the corporate world – prominent financial institutions and consultancy firms, the biggest FMCG and consumer durable companies, fast growing commodity trading companies, India’s largest conglomerates and globally renowned IT firms. PSUs and NGOs provided the much sorted diversity to students keen on getting an opportunity to serve in the government and social organizations. A few students also decided to join start-ups, and a few bold students opted for the Placement Holiday facility; seeking to ignite the entrepreneurial streak in them by starting their own ventures.

Deloitte and ICICI Bank were the largest recruiters at the Institute with each making a whopping 16 offers. The highest International package of USD 150,000 was offered by a commodities trading company while the highest domestic compensation of Rs 32 lakh was offered by a Europe-based Investment Bank.

Highest Salary across Sectors

Offers per company on the rise

Continuing with the initiative taken last year of spreading the placement process over a few weeks instead of days, IIMK gave the recruiters more time to conduct the process and the students the opportunity to make informed choices. The final placement process followed the day-based system of slotting companies and was completed in a month. In the interim the placement process had been suspended for a total duration of a week to accommodate the national-level HR & Leadership Symposium at the Institute and the students’ examinations.

“The professional manner in which the recruitment process was conducted is highly commendable. It was well planned and coordinated. There were no delays and waiting. The placement team was very cooperative and understanding. We had a good time at the campus” said Jays Chandy from Madura F&L.

As a testimonial of the return of the Industry to high-growth rates and also to the continuously improving quality of candidates at the IIM Kozhikode, the number of offers per company experienced a significant jump, with only 110 firms needed to place the entire batch. The average number of offers per company has gone up from 2.66 last year to 3.43 in 2010-11.

Number of offers per company participating in the final placements


Vertical-wise break-up

Finance continued to emerge as the most preferred vertical amongst students with about 33 percent of the batch taking up roles in Finance. More than 26 per cent of the batch took up roles in the marketing and operations verticals, while 24 per cent of the students chose to take up profiles offering consulting roles. About 8 per cent of the batch took up general management roles in major conglomerates, commodity trading houses and other companies. Among other key verticals chosen, 7 per cent students chose IT roles while 3 per cent opted for HR roles.

Percentage break up of jobs across sectors over the years


Vertical Wise Break Up for year 2010-11


Average salary across sectors increases

The Institute has decided to release average and highest salaries on a sector-wise basis to provide the MBA aspirants a clearer picture about the employment opportunities that await them in the sector of their choice on graduating from the Institute.

While the average salary in the Consulting sector remained more or less constant there was a jump of 18 per cent in Indian Financial Institutions, 16 per cent in the IT sector, 15 per cent in the HR roles on offer, 10 per cent in the profiles offered by Foreign Financial Institutions and 10 per cent in FMCG companies. Average Salary figures for the General management and Operations verticals were not calculated last year but are included this year to give a clearer picture.

Average salary across sectors in 2011-10 and 2009-10

New recruiters

About 35 per cent of the recruiters at the Institute either participated in the placements for the first time or re-visited the Institute after a gap of at least two years. More than 80 jobs were offered by the new recruiters. These companies included 3M, ADAG, Airtel, Apollo Hospitals, Arvin Meritor, Cargo, CRISIL, Dolcera, EXL, Fujistu , Glenmark, HP, Idea, JDA, Lenovo, Madura F&L, MMTC, Mphasis, NDCEX, Suntec, Tally Solutions, Triton Group, Videocon, Wipro Consulting, etc. Niche Asset management firms like Nereus Capital also participated in the recruitment process.

Our experience with IIM Kozhikode was excellent with the quality of candidates and the process. We were delighted to see absence of any pressure to take a decision on a student under time constraints. Not only I could talk to but also let other leadership team members talk to the candidates as ease. At the end, I am very confident of the decisions taken, even when we were hiring MBAs from campus for the first time. Will certainly increase our numbers next year”, said Anuj Kumar, Vice President, Human Resources, Fujitsu Consulting India.

Food commodities trading firm Triton Group, which recruited for the first time from an IIM picked up five students from IIM Kozhikode. Mr Vincent Fernandez, director of the company said that he was extremely satisfied with the efficiency with which the process was conducted and the quality of the students.

Distribution of New Recruiters in Final Placements 2011

The Placement Story – Vertical-wise

Finance:

Finance continued to remain the top preference among students with more than 33% of the batch taking up roles ranging from Investment Banking, Corporate Finance, Corporate Banking, Risk Management, Equity Research and Retail Banking in Foreign and Indian Financial Institutions.

Foreign Financial Institutions:

The top recruiters among foreign banks were Nomura, Deutsche Bank, Bank of America Merrill Lynch, JPMorgan Chase, Standard Chartered, Goldman Sachs, HSBC, Citi, Arvin Meritor, Altisource and American Express. The highest compensation offered was Rs 32 lakh per annum (CTC) for a role in Mumbai by a Europe-based Investment Bank. The average salary for Foreign Financial Institutions was Rs 19.43 lakh.

Indian Financial Institutions:

As an attestation to the fact that Indian Financial Institutions are on a very high growth trajectory, ICICI Bank recruited a record 16 students from the Institute. Other prominent recruiters included Edelweiss, Axis Bank, Yes Bank, Indus Valley Partners, IDBI, Futures First, Irevna, Bajaj Allianz, SBI Capital etc Companies like Hindustan Unilever, L&T, Airtel and Reliance Industries participated in the final placements offering roles in Corporate Finance. Rating agencies like CRISIL, ICRA and commodities derivative trading firms like NCDEX also recruited in large numbers. The average salary for Indian Financial firms was Rs 12.52 lakh.

Consulting:

Heavyweights in the sector like Mckinsey & Co, Accenture Business Consulting, Deloitte, PricewaterhouseCoopers, Cognizant Business Consulting, etc. participated in the process this year. Consulting roles were also offered by companies like Capgemini, AON Hewitt, Wipro Consulting, and MXV consulting among others. The average salary for this segment was Rs 14.42 lakh per annum. Deloitte was the largest recruiter among consulting firms this year with a total of 16 offers, while Cognizant Business Consulting was a close second with 14 offers.

Marketing and Operations:

The FMCG sector which predominantly offered roles in Sales & Marketing and Operations saw companies like HUL, P&G, ITC, Reckitt Benckiser, Marico, Hindustan Coca Cola Beverages (HCCB), Britannia, Kellogg’s and Colgate Palmolive among others, make offers to students. In the broader marketing domain, firms such as Airtel, Asian Paints, J&J Medical, 3M, Glenmark, Pfizer, Raymond, Titan, Idea, Videocon, Panasonic, Tata Motors, Tata Steel, Wipro Consumer Care, Madura F&L, HP, BILT, JDA Consulting and Zee Learn made offers to several marketing and operations enthusiasts. The highest salary in an FMCG company was Rs 22 lakh while the average compensation was slightly more than Rs 12 lakh.

General Management:

The percentage of students interested in General Management roles was found to increase significantly this year. Various companies including India’s largest conglomerates RIL and ADAG, and other companies like Mahindra & Mahindra, Cargo, Dolcera, LnT, Jindal, Olam International, Thomas Cook, Manipal Group and Triton Group offered roles in General Management.

HR:

Companies that participated in the placements process offering roles in the HR domain were Infosys, AON Hewitt Consulting and Apollo Hospitals. The average salary was around Rs 10.75 lakh for the HR roles offered.

IT:

IT companies and the Information Technology sector was back in business. The average salary in this sector was Rs 11.14 lakh per annum with prominent names from the IT domain including TCS, Wipro, IBM, Mindtree, Aricent, Capgemini, iGate, Fujitsu etc.

Senior Roles offered:

Firms such as Lenovo, Thomas Cook, EXL and Manipal Group offered senior managerial roles at the Institute. Very impressed with the quality of students, firms willingly extended Senior Managerial roles to a few candidates. A student with close to three years of work experience was offered the role of Executive Assistant to the Chairman and Managing Director by Fujitsu.

NGOs and Entrepreneurial streak:

Two students have opted for the placement holiday facility offered by the Institute in a bid to try and realise their dreams of being an entrepreneur by experimenting with starting their own business. P Satya Mani Kumar, an MBBS student has decided to join an NGO, Healing Fields Foundation that works in the area of MicroHealth Insurance. This NGO caters to the bottom of the period and targets rural areas and urban slums and as a Program Manager, he is trying to improve the general health environment in this section of society.

For the Alma Mater:

The alumni network of the Institute, which is getting increasingly stronger by the year, had a big hand to play in ensuring participation from few of the best companies in the industry in the Placement process. Alumni from a lot of companies also made it a point to travel with the recruitment team to the Institute ensuring a smooth conductance of the placements process by the company.

About IIM Kozhikode:

The Indian Institute of Management Kozhikode (IIMK) was established in 1996 as the fifth IIM. A joint effort between the Government of India and the Government of Kerala, IIMK is one of India’s premier Business Schools and it attracts the best talent from across India for its Post Graduate Program in Business Management. IIMK seeks to achieve a leadership position in management education and research and become a major learning resource centre in the Asia-Pacific region.

Driven by the compelling industry relationships, a rich pool of talent and world-class infrastructure and facilities, IIMK will continue its journey on the growth trajectory that it has defined.

IIM-K Summer Placement – 2010

Indian Institute of Management, Kozhikode announced the successful completion of the summer placements process for its fourteenth batch of PGP participants (2010-12). The selection process saw participation from over 130 firms. Participation of companies in such large numbers reaffirmed the buoyancy in the industry and reflected strong market sentiments in terms of quality talent acquisition. With an increase in batch strength, IIM Kozhikode has made a concerted effort to move towards more well rounded profiles. The diversity in the batch was well appreciated by recruiters who seemed quite satisfied to find more varied profiles in terms of academic and professional backgrounds to choose from.

Behemoths on the global scene such as HUL, P&G, Deutsche Bank, Citi, HSBC, ITC, Deloitte, PwC, Arthur D. Little, JPMorgan Chase, Colgate-Palmolive, Johnson & Johnson, PepsiCo and Standard Chartered Bank again considered IIMK as a preferred destination for quality talent. The highest stipend offered this year was over ì 1.5 Lakh and the average stipend saw an increase of over 80% from the previous year. “It is really great to know that our regular recruiters have further fostered their relationship with IIM Kozhikode. This is indeed a good sign for the institute and for students who hope to secure challenging roles and profiles of their liking for internships. Also the increased participation of new recruiters is a testimony to IIM Kozhikode’s growing reputation in the industry” said Dr. G Sridhar, Chairperson Placements, IIM Kozhikode.

                                                               Figure 1: Vertical wise Break-up

Sales and Marketing emerged as the most preferred sector with 25% of the total offers made in this vertical. HUL, ITC, Marico, Colgate-Palmolive, PepsiCo, Asian Paints, Johnson & Johnson, Hindustan Coca Cola Beverages, Madura Garments, Kellogg’s, Heinz, Voltas, Tata Steel, Perfetti van Melle, Titan, and Avon among others were part of the summer intern hiring process.

Banks and other financial services firms continued their revival and extended offers to as much as 22% of the batch. Participation by the likes of Deutsche Bank, JPMorgan Chase, HSBC, Citi, Standard Chartered Bank, American Express, Elara Capital, ICICI Bank, Axis Bank, Singhi Advisors, UTI Mutual Funds, Birla Sun Life, Pears Capital etc. provided the students a plethora of opportunities to intern in the Finance sector, particularly asset management and investment banking. Roles in corporate finance and strategy were offered by business conglomerates like L&T and Escorts Group.

Firms that offered roles in the strategy and consulting vertical included Arthur D Little, Deloitte, PwC, Boston Analytics, Evolution Partners, Aqua MCG, Wipro, Capgemini, Knowledgefaber, Emergent Ventures, Asclepius Consulting, Littler Associates and Mindtree Consulting among many others.

Roles in operations and general management were offered by companies like Reliance Industries Ltd, Reliance Power (ADAG), Mahindra, Jindal Power and Steel, Apollo Hospitals, Ashok Leyland, L&T and Bertling Logistics. Prime recruiters among IT companies were Cognizant, TCS, Hewlett Packard, HCL, Patni, Aricent, Genpact and Tata Elxsi which dished out a variety of roles ranging from IT consulting to sales and project management. Companies from the telecommunication industry like Bharti Airtel and Idea also recruited from the campus.

Niche sectors: In a testimony to the increasing interest shown by students in non-conventional sectors such as media and entertainment, sports management, start-ups, health and wellness etc. students were more than keen to take up opportunities with firms such as MSM India (previously Sony Entertainment Television), Bennett Coleman & Co, McCann Erikson, Ogilvy & Mather, PMG Sports, Apollo Hospitals, Gomolo, Drishtee Foundation and Idobro.

As many as 60 new firms which include Saint Gobain, Daimler India, Onida, Cinepolis, Grasim, HT Media, GSS Infotech, Reubro International, UST Global, Astro All Asia Networks Plc participated in this year’s process. VCs/Incubators like Headstart Ventures, Indian Angel Network, Signal Point Partners also participated in the summers process for the first time. Some of the participating firms also went on to offer some unique managerial roles such as Executive Assistant to the CEO and other seniormanagerial positions to the interns.

Mr Sajiv Nair, Manager – Corporate HR at ITC, which recruited 5 interns, was very impressed with the quality of the participants in the placement process and expressed his satisfaction saying, “We want to build a long-term relationship with the institute. The candidates who participated in the process were top-notch. The level of enthusiasm and energy among the students was very high. The placements committee ensured that the process was conducted in a very smooth and professional manner.

Placements and Salaries at K

We are pleased to inform that IIM Kozhikode has completed its placements successfully. Please see the complete report attached at the end of this post

Over the years, salary figures in placement reports across B-schools have invariably centered around two figures, the average salary and the highest salary, with aspirants and industry looking at these figures to gauge the placements at institutes.

However, we felt that this does not present the entire picture since providing a blanket figure makes it tough to find out what different sectors have to offer. “Providing a consolidated average salary figure has been found to be inadequate for MBA-aspirants. A blanket-average salary figure conveys very little information about what the students can expect in a particular sector, since major variations exist in the compensation structures across sectors” said Dr Keyoor Purani, Chairperson- Placements at IIM K. Thus a sectoral methodology of arriving at salary figures was used where each company that participated in the process was classified into various sectors like Foreign Financial institutions, Consulting, Indian Financial Institutions etc.

While calculating the figures mentioned in the report, the salary data used are the CTC figures including variable component quoted by participating firms when making the offers to the students. A single average and highest figure for the entire placements process does not reflect the true picture due to varying compensation policies followed across sectors. This can be seen from the relatively different salary figures in the Foreign financial institutions compared to that offered by firms in a sector like FMCG.

We believe that this is a right step in aiding aspirants in choosing the right career path and would help them to know exactly what to expect from the sectors they’re planning to work in.

IIM Kozhikode Final Placements 2010