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IIM Kozhikode Summer Placement 2018- 421 students get the offer by 105 Recruiters

IIM Kozhikode has enjoyed excellent summer and final placements year on year which has culminated in sustained relationships with several top-notch business houses. The Indian Institute of Management, Kozhikode recently wrapped up its final placement for the outgoing batch.

A total of 421 students participated in the placement process that saw top companies such as Amazon, Microsoft, Reliance Industries, Airtel, HDFC Bank, Mahindra & Mahindra participating in it. The institute saw an increase in the number of recruiters as well as the average salary offered.

In a recently organized summer placement at the IIM Kozhikode (IIMK), a total of 105 companies participated and made offers to 421 students. Accenture Strategy, Amazon, Deloitte USI, Goldman Sachs, Pidilite, Uber, and Wipro were some of the top recruiters.

These companies extended 81 offers to approximately 20 percent of the 22nd batch of Executive Post Graduate Program (EPGP) batch in total.

Two students opted out of placements, a release said Monday. Some of the new recruiters included AB InBev, AstraZeneca, Dr. Reddys Laboratories, Edelweiss GWAM, Flipkart, Siemens, and Uber. Accenture Strategy, Amazon, Deloitte USI, Goldman Sachs, Pidilite, Uber, and Wipro were some of the top recruiters, extending 81 offers to approximately 20 percent of the 22nd batch of Executive Post Graduate Program (EPGP) batch in total.

IIM K director Prof Debashis Chatterjee said, “Our summer placements this year have achieved unparalleled success. The students have triumphantly converted all the offers from recruiters. Considering the economy’s volatility, recruiters are bound to be hesitant, but the merit of our students attracted a whole new list of companies visiting our campus,”

Students received offers from international companies that are as high as Rs 52.1 lakh. Companies that offered such compensation included Arthur D Little and Tolaram Group. Additionally, 59 of the 178 companies that came for recruitment this year were Fortune 500 companies.

Domestic offers were also not far behind. Rs 17.8 lakh was the average salary offered to students while the highest domestic salary being offered was Rs 38.5 lakh.

The salary offered to the top 50% of the batch saw an upward trend. It rose to Rs 21 lakh per annum in 2018 from Rs 20.1 lakh per annum in 2017.

Companies such as Deloitte, EY, KPMG, PwC, Boston Consulting Group, Arthur D Little, United Health Group offered an average package of Rs 17.4 lakh per annum. Mahindra & Mahindra, Reliance Industries, Airtel, RPG, and Saint Gobain offered an average salary of Rs 18.7 lakh per annum for general management roles.

Companies such as American Express, Microsoft and other IT companies offered packages as high as Rs 15.9 lakh per annum. HUL, Reckitt Benckiser, Samsung, and other companies offered Rs 17.2 lakh per annum for sales and marketing roles.

Amazon, Larsen & Toubro and others offered an average package of Rs 18.5 lakh per annum for operations roles. Finance companies such as JP Morgan Chase & Company, Goldman Sachs, Axis Bank, HDFC Bank, ICICI Bank offered packages as high as Rs 29 lakh per annum.

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