IIM Kozhikode concluded yet another successful year of final placements. The number of job offers company increased by 30 percent, of the total recruiters who came for campus placements 35 percent were new recruiters, which shows increasing faith of companies in IIM-K students.
Plethora of roles was offered by various companies who visited the campus for placements. Finance continued to be the top preference among students and various foreign financial institutions recruited from IIM-K.
A detailed overview…
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.
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. Concluded.
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.
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. Concluded.
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