A total of 571 offers were rolled out by 116 companies consisting of conglomerates, multinational companies and new-age startups
Indian Institute of Management – Kozhikode (IIM-K) wrote into record books by seeing 546 students belonging to the 24th batch getting placed in a matter of three day
New Delhi/ Thiruvananthapuram, NFAPost: The average salary grew by 31.3% to Rs 29.5 lakh per annum (lpa) over the previous year as the Indian Institute of Management Kozhikode (IIMK) concluded the final placement process for its programmes.
The premier business school (B-school) also saw a 32.5% increase in the median salary to Rs 26.50 lpa over last year.
Placing its largest batch size of 546 students, IIMK concluded the process for 24th batch of flagship post graduate programme (PGP) along with the inaugural batches of PGP Finance (PGP-F) & PGP Liberal Studies and Management (PGP-LSM), the two new full time MBA programmes started in 2020. Of the 546 students placed, 40 students each are from the PGP-F and PGP-LSM courses.
A total of 571 offers were rolled out by 116 companies consisting of conglomerates, multinational companies (MNCs) and new-age startups.
Among the sectors, the consulting domain led the recruitment process with 41% offers, followed by 15 per cent by BFSI as well as Information Technology (IT) & Analytics clusters and 13 per cent by sales and marketing. In terms of functions, over 16 per cent offers were made by recruiters for general management and operations roles.
Marquee recruiters at IIMK included the likes of ABInBev, Accenture Strategy, Amazon, Bain & Company, Boston Consulting Group, Capgemini, Citi Bank, DE Shaw, Deloitte, EY, Goldman Sachs, Google, JPMorgan Chase & Co, McKinsey & Company, Microsoft, Nestle, Nomura, PwC, Reliance, RPG, Samsung, Uber, Walmart and Wipro, among others.
On the other hand, Adani Group, Clarivate, EY-Parthenon, Garena, Meesho, Merisis, Navi, Ola, PhonePe, Shopee and Swiggy were among the 39 new recruiters who participated in the process this year.
In addition to the Conglomerates and MNCs, numerous startups like CityMall, Healthplix, Navi, OfBusiness, Porter, Rupeek, Udaan, Vernacular.ai and Zebpay have also recruited from the campus. The Placements season witnessed International Offers from companies like CarDekho, Omnibiz and Tolaram Group.
Meanwhile, Qambar Abidi, Placements Chairperson at IIM Kozhikode attributed the success of the placement season to recruiters’ continued confidence in IIMK’s talent pool as well as the B-school’s strong connection with its alumni.
546 IIM-K students placed; avg salary Rs 29.5 lakh
Indian Institute of Management – Kozhikode (IIM-K) wrote into record books by seeing 546 students belonging to the 24th batch getting placed in a matter of three days, witnessing a cent per cent placement.
A total of 571 offers were rolled out by 116 companies reflecting the recruiters’ trust in an institute which is ranked top 4 as per NIRF 2021: Management Category, Ministry of Education, Government of India.
Incidentally, this achievement has come at a time when it’s celebrating its silver jubilee and is also the only IIM to be recognised as the 2nd most ‘Innovative’ Educational Institute among Institutes of National Importance, Central University & CFIs (Non-Technical) category, in India ARIIA Rankings 2021.
A pleased IIM-K Director Debashis Chatterjee said the bouquet of PGP programmes further strengthens the institute’s rich legacy of nurturing diverse talent pool.
“The comprehensive success of the placement season is driven by the trust of the recruiters in the ever-reliable support from the global IIM-K alumni footprint, and the students’ ability and training to fully capitalise on the green shoots of recovery in the hiring market,” said Debashis Chatterjee.
The average salary secured by the students stood at Rs 29.5 lakh, an increase of 31.3 per cent over the last year, while the median salary secured is Rs 26.50 lakh, an increase of 32.5 per cent over last year.
Qambar Abidi, placements chairperson at IIM Kozhikode said, the success of the placement season is a testimony to the recruiters continued confidence in IIMK’s talent pool.
