IIM Kozhikode completes 100% summer placements in record time

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Kozhikode: The 22nd batch of Post Graduate Programme (PGP) at IIM Kozhikode (IIMK) completed summer placements of the largest batch in the history of the institute comprising 423 students in record time.

This year, 105 companies participating with over 27 new recruiters making offers to 421 students as two students opted out of placements. The season not only saw an upward swing in the average stipend but also witnessed a lot of niche roles being offered to the students. Some of the new recruiters included ABInBev, AstraZeneca, Dr. Reddy’s Laboratories, Edelweiss GWAM, Flipkart, Siemens, and Uber.

The top 100 students bagged an average stipend of 2.56 lakhs, a 14% increase from the last year. Accenture Strategy, Amazon, Deloitte USI, Goldman Sachs, Pidilite, Uber, and Wipro were some the top recruiters extending 81 offers to approximately 20% of the batch in total.

Maintaining its legacy, IIM Kozhikode repeated history by having its highest intake in the Sales and Marketing with around 40% of the batch being placed in companies like ABInBev, Asian Paints, Colgate-Palmolive, HUL, ITC, Kohler, Marico, Mondelez, Nestle, PepsiCo, Samsung, and Reckitt Benckiser.

The surge in the number of consulting companies recruiting on campus saw offers from Avalon Consulting, Accenture Strategy, Boston Consulting Group, Deloitte USI, Ernst & Young, PwC and the others.

Diverse roles were offered by financial services companies in corporate finance, investment banking, private wealth, risk advisory services, global investment research and corporate treasury to around 16% of the batch. Recruiters like American Express, Axis Bank, Citi Bank, Edelweiss, Goldman Sachs, JP Morgan and Piramal Finance extended offers to 16% of the batch.

IIM Kozhikode also saw witnessed a number of pharmaceutical and healthcare companies participating in the Summer Placements which included AstraZeneca, Dr. Reddy’s Laboratories, GlaxoSmithKline Pharmaceuticals, Medtronic, Novartis and United Health Group.

This year also saw a sharp increase in HR roles being offered to students with companies like Siemens, V-Guard and Wipro offering opportunities in this domain. Aditya Birla Group, Airtel, Mahindra, Reliance, RPG Group, Saint Gobain, TAS and Vodafone-Idea provided General Management roles to the students across varied sectors.

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