Boston Consulting Group, Accenture Strategy and Shell hire in good numbers
The 19th batch of Post Graduate Programme at IIM Kozhikode (IIMK), comprising 349 students, saw a record closure of summer placements in 6.5 days.
With 100+ recruiters, this placement season not only witnessed an upward swing in the average stipend but also saw niche roles being offered to the students. The average stipend increased by 32% to INR 1.06 lakh while the highest stipend was INR 3 lakh.
Boston Consulting Group participated for the first time and recruited 5 students for its Consulting role.
New recruiters like Accenture Strategy, EY, Nestle, Shell, Perfetti Van Melle, D.E.Shaw, Homelane, Xerox, Boehringer Ingelheim, OYO Rooms, Sony and many other companies reposed their faith in the talent pool at IIMK. Accenture Strategy, Deutsche Bank, EY, HUL, JP Morgan, Philips and Vodafone were the top recruiters providing 52 offers in total.
With 35% percent of the batch placed in companies like HUL, Nestle, ITC, Philips, Perfetti Van Melle, Marico, L’Oreal, Godrej, Shell, Kelloggs, Asian Paints, Vodafone, Pidilite, HCCB, Raymond, Idea amongst others, IIMK maintained its highest intake in the Sales and Marketing domain.
Prof. Kulbhushan Balooni, Director (In-Charge) IIMK, said, "Over the years, IIMK has continued to meet industry demands by providing world-class students from diverse backgrounds. The placements season drawing to a close in a record 6.5 days reiterates the recruiters’ faith in the students’ capabilities to deliver.”
Prof. A F Mathew, Chairperson, Placements at IIMK, said, "The brand of IIMK has made its impact on our regular and new recruiters. The consistent offers across all verticals are a reflection of the students’ capabilities and we hope to continue to provide to the changing needs of the industry.”
IIMK has been seeing an upward trend in the number of consulting companies visiting the campus for recruitment, with over 16% percent of the batch securing offers from BCG, Accenture Strategy, Deloitte, EY, KPMG, Cognizant Business Consulting amongst others. TAS, Mahindra, Airtel, Reliance and RPG provided General Management roles to the students across varied sectors.
Diverse roles in corporate finance, investment banking, risk advisory, global investment research, retail banking and capital markets were offered by companies like Deutsche Bank, J P Morgan, Goldman Sachs, Altisource, Axis Bank, HSBC, Nomura, Ocwen, ICICI, CRISIL, Edelweiss, Dell Finance with 21% of the batch securing offers in these roles. Operations vertical saw offers being rolled out to the batch by companies like Asian Paints, HCCB, Snapdeal, Maersk and L&T among others.
Roles in Technology Consulting and IT were offered by Microsoft, eBay, Mindtree, TCS, Wipro and EMC among others.
Major start-ups including Snapdeal, Hector Beverages, OYO Rooms, Homelane, Ziffi and others rolled out offers to 10% of the batch owing to growing interest among the students at IIMK to take up challenging roles in upcoming business models.
Niche roles were offered by games and sports management firms such as Reliance Games, Gaames Unlimited, Speculur among others. Other roles such as visual merchandising, retail management were also opted for by the students in non-conventional companies.
Started in 1997 with its Postgraduate Programme (PGP), the Indian Institute of Management Kozhikode (IIMK) is on a high growth trajectory today, offering widest range of academic programmes in the field of management education. These include Fellow Program in Management, Executive PG Programs, Management Development Programs and Faculty Development Programs. IIMK set up a Satellite campus at Infopark, Kochi, in 2013 dedicated to Executive Education.