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.

Industry Interaction Cell presents Horizons 2010

HORIZONS 2010

Discover the difference!!

 

Horizons’ is a flagship management speaker conclave at IIM Kozhikode and has been a regular feature since 2000. It provides an avenue for discussions among top-notch corporate leaders from all over the world. The 3-day event, scheduled on 19th – 21st November along with the annual management festival ‘Backwaters’, would find the best corporate minds interacting with the students on campus. The event would consist of the following:

1. Speakers’ podium: There would be 3 speakers on each day talking with reference to our theme ‘Discover the Difference’ from an Indian perspective. The sub-themes for each of the 3-days are Revive | Redeem | Reaffirm wherein, the speakers would be providing us with deep insights on a variety of issues relevant to the day’s theme.

2. Panel Discussions: Apart from their interaction with the students, we have planned panel discussions among the speakers and faculty for each day.

 

History of Horizons:-

The annual flagship management conclave of IIM Kozhikode has come to serve as an ideal platform for thought leaders – past, present and future – to discuss and debate issues relevant to the prevailing times. Horizons 2009 was organized at a time when everyone was talking about recovery of world economy from the global recession, biggest since “The Great Depression. Horizons 2008 sought to examine the factors that have led to the rise of China and India, the resurgence of Japan and other Asian countries, and the resulting shift in the global business power dynamics. Horizons 2007 focused on ways to unlock the human potential in India and the redevelopment of rural India.

Some of the speakers who have graced Horizons in the past are:-

 Dr A.P.J. Abdul Kalam, Former President of India

Mr. Kiran  Karnik, Former President, NASSCOM,

and CNN-IBN Editor-in-chief

Late Prof. C.K.Prahlad, Padmashree Awardee

 

The team making it all possible – Industry Interaction Cell (IIC)

Industry Interaction Cell (IIC) facilitates communication and enables effective knowledge transfer between the institute and the industry.  IIC has always strived for enhancing the student-industry interaction through Horizons, Leadership series, Corporate events, Live projects and Curriculum Development. Industry stalwarts, policy makers, thought leaders from diverse backgrounds have regularly visited our campus. With speakers from diverse backgrounds, Horizons 2010 would be carrying this tradition forward.

Some of the recent activities that IIC has been involved are:

1. Leadership series: Some of the eminent personalities who have come to our campus in the recent past under the    leadership series are:

 

 

 

 

Mr. Kapil Sibal, Minister of HRD, Govt. of India

Padma Bhushan Dr. JJ Irani, Director, Tata Sons

Prof. Srikumar Rao, Author of “Are you ready to Succeed

 

2. Live Projects: Live projects ranging from private sector to the public sector in marketing, finance, operations, strategy domains have been executed which have given an opportunity to students to work in close collaboration with the industry. In last couple of years, we have seen plethora of Live projects come to our campus wherein students have been offered travel to abroad for short duration.

HORIZONS 2010 – Discover the difference!!

Horizons’ is a flagship management speaker conclave at IIM Kozhikode and has been a regular feature since 2000. It provides an avenue for discussions among top-notch corporate leaders from all over the world. The 3-day event, scheduled on 19th – 21st November along with the annual management festival ‘Backwaters’, would find the best corporate minds interacting with the students on campus. The event would consist of the following:

1. Speakers’ podium: There would be 3 speakers on each day talking with reference to our theme ‘Discover the Difference’ from an Indian perspective. The sub-themes for each of the 3-days are Revive | Redeem | Reaffirm wherein, the speakers would be providing us with deep insights on a variety of issues relevant to the day’s theme.

2. Panel Discussions: Apart from their interaction with the students, we have planned panel discussions among the speakers and faculty for each day.

 

History of Horizons:-

The annual flagship management conclave of IIM Kozhikode has come to serve as an ideal platform for thought leaders – past, present and future – to discuss and debate issues relevant to the prevailing times. Horizons 2009 was organized at a time when everyone was talking about recovery of world economy from the global recession, biggest since “The Great Depression. Horizons 2008 sought to examine the factors that have led to the rise of China and India, the resurgence of Japan and other Asian countries, and the resulting shift in the global business power dynamics. Horizons 2007 focused on ways to unlock the human potential in India and the redevelopment of rural India.

Some of the speakers who have graced Horizons in the past are:-

Dr A.P.J. Abdul Kalam                                                         Mr. Kiran Karnik

Former President of India                                                            Former President, NASSCOM

Late Prof. C K Prahalad                                                                                   Mr. Rajdeep Sardesai

Renowned Consultant Padmashree Awardee and CNN-IBN Editor-in-chief

The team making it all possible – Industry Interaction Cell (IIC)

Some of the recent activities that IIC has been involved are:

1.       Leadership series: Some of the eminent personalities who have come to our campus in the recent past under the leadership series are:

Padma Bhushan Dr. JJ Irani                                                         Mr. Kapil Sibal

Director, Tata Sons                                                   Minister of HRD, Government of India

Prof. Srikumar Rao, Author of “Are you ready to Succeed

2.       Live Projects: Live projects ranging from private sector to the public sector in marketing, finance, operations, strategy domains have been executed which have given an opportunity to students to work in close collaboration with the industry. In last couple of years, we have seen plethora of Live projects come to our campus wherein students have been offered travel to abroad for short duration.

Swami Tejomayananda visits Kampus

In times like these when people seek God more in status messages on facebook than in meditation or scriptures, IIMK played host to Swami Tejmayananda of the Chinmaya Mission on Sunday. The Swami, visiting the Kampus for the first time, had words of wisdom for the budding management gurus. Spirituality is in being. Being refers to having a system of values around that drives one’s actions. Quoting the Vishnu Sahasranamam, he defined the true leader and his qualities. A leader has three main qualities – has a clear vision of what is happening, meets the expectations of the followers, and knows the destination. As an example, even Gandhiji had trouble convincing his followers about Satyagraha, but he persisted. Answering students’ questions, he explained how spiritual organizations are run based on love and faith, with no strict rules and the followers being allowed to make mistakes. Talking about dealing with conflicts in the organization, he cited the Ramayan where Ram listens to Vibheeshana’s suggestion of praying to the Sea God to help cross the sea, in spite of Lakshman suggesting that drying up the ocean would be easier. The reason given by Ram was that such a move would help motivate Vibheeshana and increase his confidence. As a parting note, the Swami prescribed the Ramayana to help learn the different management concepts.

IIMs should publicise the market capitalizations of companies of its alums – Mr. Sanjeev Bikhchandani

Industry Interaction Cell at Indian Institute of Management, Kozhikode conducted an interactive session and talk with Mr. Sanjeev Bikhchandani on Nov 3, 2010.  Mr. Bikhchandani, an IIMA alumnus, is Co-founder & CEO of Info Edge (India) Ltd, which owns major internet portals like naukri.com, jeevansathi.com & 99acres.com.

Prior to the talk a workshop was conducted for the entrepreneurship enthusiasts at IIMK. During this workshop Mr. Bikhchandani shared his insight on e-commerce and online listing businesses. He also discussed about the present and future trends in this market. He emphasized that to be a leader in this market; one has to have power of differentiation, pricing power and later volumes in traffic and clients. According to Mr.Bikhchandani, ‘E-commerce is more about commerce than E’. He explained this giving various examples.

Mr Bikhchandani later addressed the students in the Auditorium. Director of IIMK, Dr. Debashis Chatterjee introduced him to the students as a person for whom making money was never the sole driver, it was a side effect.

Mr Bikhchandani at various stages of his life experienced an existential crisis. He from a very early stage in his life had an idea that he was going to be an entrepreneur. After School, he got through IIT joint entrance exam, but did not join, because he felt that he was not passionate for anything and hence did not wanted to waste 5 years. Instead he opted for St. Stephens College, Delhi. He went on to join IIMA after which he worked for a few years in one of leading MNCs. This was after he had already chucked am IIM convert to get some work experience. He once again faced an existential crisis and was not ready to be just another manager. Opines Mr.Bikhchandani, “Sometimes we start climbing the ladder and then we realize that it was leaning against the wrong wall”.

So, he started a company which would provide survey to different campuses about salaries of MBA graduates. He was also a visiting faculty at some B schools in Mumbai for 6 to 7 years. Mr Bikhchandani from his job experience had an idea about the importance the news regarding job vacancies. He thought of executing the idea of utilizing the worth of job information. This is how Naukri.com came up. The site attracted huge traffic and eventully started making good revenue for the company. During the 2000 economic crisis, Mr. Bikhchandani  retained his talented employees by providing a 45% ESOP.

He stressed on the fact that to sustain in any market especially an online one, its important that the entrepreneurs have deep customer insight. Anything that can solve unsolved problem for somebody will work. Entrepreneurs need not have big ideas; small ideas can help the business grow. He underlined the fact that execution is very important because the strategy or idea could be great but if the execution is not right, nothing would work. He made these points answering a query regarding having the reality check for your entrepreneurship idea.

Mr. Bikhchandani showed his concern towards the existing model of MBA education in India. He said that instead of laying stress on average salary packages obtained by students, institutes should market the total market capitalization and employment by firms’ started by their Students. IIMs can make a difference by selecting the people with right intend and providing an entrepreneurial outlook during the two years of education. When he raised questions over the changing pattern of CAT which favors more and more engineers (his batch in IIMA had 50% engineers against 93% in the present batch) he was greeted to a round of applause by the significant number of non engineering population at K, when he later said engineers are among the toppers during MBA, it was the turn of the engineers to applaud, and when he gave his example of marrying a batch mate, he seemed to enjoy the support of all the males in the batch. Mr. Bikhchandani highly praised the diversity visible in PGP 14 batch, and hoped the college will continue its endeavors to become an IIM with a difference. He was highly inspirational, and interesting, and the experience was truly enriching.

International Day celebrated at IIM-K …

IIM Kozhikode experienced a synergy of cultures on 30th October 2010, with the conduct of the eagerly awaited International Day. The day began with the current batch’s foreign exchange students from Norway, France and Italy showcasing their respective countries at stalls. The stalls presented a wide variety of photographs, videos and brochures of the respective countries.

 Later during the day, the campus was in for a special treat, when students & faculty were treated to snacks prepared by the foreign exchange students themselves. A wide variety of items ranging from soup to pasta to dessert were prepared. The sumptuous food was widely appreciated by one and all.

The atmosphere of excitement built up by these delicacies spilled over into the Cultural Night in the evening. Students were treated to glorious visuals of each country and a humorous insight into the differences between India & Europe. The foreign exchange students put up a lively hilarious performance which had the audience falling off the edge of their seats. There were a whole range of events from quiz to dumb charades, which ended with a perfect climax- a bollywood dance performance by the exchange students themselves.

Prof. Sanal Kumar Velayudhan, Dean, Development expressed admiration and thanked the students for their hard work in putting up a wonderful show. On the whole, it was an amazing performance and one that cant be forgotten so easily!!  

   

                                                                    

  

Creating big and small differences to the society…

IIM-Kozhikode is known to be different from other B-schools, in its approach towards management education. It tries to inculcate a sense of social responsibility, in the minds of its diverse student pool. Students are given various opportunities to participate in programs that attempt to produce managers and entrepreneurs, who are sensitive to the society. One such platform is the ‘Mess workers Evening Classes’, where the students teach the mess workers. The students get an opportunity to showcase their social sensitivity which provides them with great satisfaction, apart from providing the mess workers an opportunity to get educated by some of the brightest minds of the country.

This is a part of the welfare projects for the staff at IIM Kozhikode and has been organized by the Social Service Group, of IIM-Kozhikode. Under this program, evening classes are held for the mess workers. The response received from PGP volunteers as teachers has been remarkable and their commitment to the cause has been unwavering. This has facilitated classes to be held thrice a week in four shifts to accommodate the timings of the Night Canteen and mess workers. The mess workers have been responding positively to the initiative, which can be credited to both, their enthusiasm, and the efforts of PGP students. Although the present syllabus includes only spoken and written English, it will be expanded to include Mathematics as the classes’ progress. IIM Kozhikode student community continues to look for such opportunities to create big and small differences to the society around them.

Kreate Talk creates great enthusiasm among K students

25 October:

Kreate, a student initiative for bringing about social change, was started by a bunch of students from IIM-K is now a growing community with over 30 members in campus and several chapters in different cities across the nation. It is also a registered partnership firm  which strives to bring about social transformation through the power of Social Media Campaigns. As such having identified the way an idea attracts people, Kreate offers its services for developing a complete portfolio of marketing ideas by way of Short movies, Music Videos, Blogs, Merchandising and Integrated Marketing.

Kreate is different from regular media agencies because it relies on a novel way of thinking and generating ideas. We rely on our sensitivity towards social issues that grapple the society and our fresh enthusiasm to work with single-minded dedication.

With the purpose of introducing the organisation to the entire IIM community and clarifying some common myths about it, “Kreate Talk” was recently organised in campus. The talk received a tremendous response from the students where several opportunities were highlighted for students to take up initiatives in the organisation as volunteers with different interests and how they can contribute to the team using their skill sets. The talk was also attended by a few faculty members who showed their support for activities undertaken by Kreate. Three of the short movies produced under the Kreate banner were screened for the audience to illustrate one of the tools for social campaigning used by the organisation. Alongside, our future plans and campaigns were also discussed. All in all, the Kreate talk helped initiate the necessary debate over several issues and gave students a platform to join hands with this growing community of people working towards bringing a positive change in the society.

The much awaited ‘Tadka’, coming out soon- By Edit Board

Firstly, we apologize for the delayed edition of Tadka. We hope that the spice in this edition makes up for the delay. So presenting before you …from the Rasoi of Edit board ….spicy Tadka on the menu “items” of campus!!

Filled with the hoch-poch of PGP14, glam-sham of PGP girls, and the “aah se aaha tak” of PGP guys Tadka is coming out soon! Thanks to the gender ratio of PGP14 our campus is one the most happening campuses to be. More colorful personalities with lots of masala are right on spot for you.

So the confused PGP14 and the chilled out PGP13 HURRYYYYYY and grab a copy of TADKA!!!

We hope that we haven’t crossed the line anywhere and in case we did……. well the damage has already been done so no point in apologizing. Stop cribbing and be a sport.

Tadka- The cover page

Backwaters v2.10 – Discover the Difference

The backwaters are no longer calm and still, Backwaters v2.10 is here to stir up emotions. The Annual Business School meet of Indian Institute of management Kozhikode is back. The meet aims to put into action the institute’s vision of propelling the Business School from the path of exclusive elitism to inclusive excellence. The meet will span three days, 19th to 21st November. The theme of the fest this year is to “discover the difference” –where the intention is to revive, redeem and reaffirm the unique facets of India Inc. A perfect platform to showcase one’s talent and nurture it too, Backwaters has come up with a new set of events that do all of this and more. The top 70 business schools fight it out to emerge the best biz big wigs. The number of events has been increased this year to include more creative and thought intensive challenges.

Curiosity has its own reasons for existing and Backwaters v2.10 is glad to add to the repertoire of reasons. Backwater’s flagship event, White Knight, has already been launched on a scale larger than ever and has a funding of a whooping Rs. 3 crore which makes it the largest such competition in India. The corporate quiz, Bizzathalon conducted by the nationally renowned quizmaster Avinash Mudaliar is expected to be one of the highlights this year. Another key event this year is Horizons, the Annual Management Conclave conducted in association with the Industry Interaction Cell of IIMK inviting industry leaders, academicians and policy makers to inspire budding leaders.

Backwaters v2.10 has promised to be a meet that will push budding CEOs and entrepreneurs to the limit of testing their logical construct and get the best out of them. Backwaters v2.10 also has some events this year that are open for the corporate and the undergraduate student population.  Backwaters 2010 held earlier in the year had close to 100 students invited to compete for the final rounds at IIMK. More than 12 lakh hits were registered on the official Backwaters website across 26 countries in a period of just 1 month. This awe-inspiring success has the potential of reaching even greater heights. Here is an opportunity to revel in the spirit of competition and the culture of management expertise. Backwaters v2.10 is striving to create a balance between the crusader and complacency, to find the courage to drive the engine of positive change while maintaining social development always in sight and in thought

Visit www.iimkbackwaters.com for more details and to experience India like never before!