IIM Kozhikode records 100% final placements within 3 days; 31.3% increase in average salary

IIM Kozhikode Final Placements 2022: The average salary secured by the students stood at Rs 29.5 lakh per annum, an increase of 31.3% over last year.

IIM Kozhikode records 100% final placements within 3 days; 31.3% increase in average salary IIM Kozhikode Final Placement 2022
Anu Parthiban | Feb 21, 2022 - 4:42 p.m. IST
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Kozhikode: The Indian Institute of Management Kozhikode (IIM-K) witnessed 100% placements within 3 days during the recently concluded final placements week for the 24th batch of flagship Post Graduate Programme in Management (PGP) programme and the inaugural batches of the PGP- Finance (PGP-F) and PGP- Liberal Studies and Management (PGP-LSM).

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“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,” IIM Kozhikode said.

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“IIM Kozhikode celebrating its Silver Jubilee is also the lone 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,” it added.

Announcing the successful wrap of final placements, Debashis Chatterjee, IIM Kozhikode Director said, “The bouquet of PGP programmes at IIMK further strengthens the institute’s rich legacy of nurturing diverse talent pool. The comprehensive success of the placements season is driven by the trust of the recruiters in IIMK, the ever-reliable support from the global IIMK alumni footprint, and the students ability and training to fully capitalise on the green shoots of recovery in the hiring market.”

The average salary secured by the students stood at Rs 29.5 lakh per annum, an increase of 31.3% over last year, while the median salary secured is Rs 26.50 lakh per annum, an increase of 32.5% over last year. Out of the 546 students placed, 40 students each are from the PGP- F and PGP- LSM courses.

ABInBev, Accenture Strategy, Accenture Technology, Amazon, American Express, Asian Paints, Avendus Capital, Bain & Company, Boston Consulting Group, Capgemini, Citi Bank, Credit Suisse, D.E. Shaw, Deloitte, Deutsche Bank, Everest Group, E&Y, Flipkart, Goldman Sachs, Google, HUL, JPMorgan Chase & Co, Marico, Mahindra, McKinsey & Company, Microsoft, Nestle, Nomura, PayTM, Pidilite, PwC, RedSeer Consulting, Reliance, RPG, Samsung, Standard Chartered, Synergy Consulting, TATA Sky, TRMG, Uber, Walmart, Wipro, Yes Bank were amongst the major recruiters.

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Adani Group, Clarivate, EY-Parthenon, Garena, Meesho, Merisis, Navi, Ola, PhonePe, Shopee, 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.

Around 41% of the offers were rolled out by the consulting cluster this season, which is a 58% increase from the last year.

Financial sector

The BFSI cluster also witnessed impressive growth in opportunities offered at IIM Kozhikode. This year, 15% of the offers were made in the financial sector, with the majority of the offers being secured from reputed financial institutions including Bank of America, Citi Bank, Deutsche Bank, D.E. Shaw, Goldman Sachs, ICICI Bank, IDFC First Bank, J.P.Morgan Chase & Company, Nomura, State Street and Yes Bank. Multiple marquee recruiters like Avendus Capital, Bank of America, Equirus, Goldman Sachs, JP Morgan Chase & Company, Merisis and TRMG have offered Investment Banking roles.

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Sales and Marketing

Sales and Marketing witnessed 13% offers made from major recruiters such as ACT, Asian Paints, Bajaj Auto, Cipla, Dr. Reddy’s Laboratories and others.

Information Technology and Analytics

The Information Technology and Analytics cluster contributed to 15% of the total offers from a combination of marquee recruiters and few niche recruiters like American Express, CarDekho, EXL Analytics, Google, Meesho, Microsoft, MXPlayer, Navi, Paytm, PhonePe, Publicis Sapient, Salesforce, Shopee, Vodafone India, Walmart Labs and Wipro.

The holistic pedagogy at IIM Kozhikode continues to be recognised by organizations with over 16% offers made for general management and operations roles.

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