Sales & mktg, finance roles preferred at IIMK summer placement

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Updated on November 7, 2012
Indian Institute of Management (IIM) Kozhikode has completed summer placements for its 16th batch (2012-14) comprising 366 students.
"More than 140 recruiters made internship offers across various levels at IIM-K summer placement"
Indian Institute of Management (IIM) Kozhikode has completed summer placements for its 16th batch (2012-14) comprising 366 students across 144 companies, with 80 of them, including Philips, General Mills, NSE, Flipkart and Sudarshan Chemicals visiting the campus for the first time. The highest stipend offered was Rs 1.5 lakh for two months.

According to a press release issued by IIM Kozhikode, 366 students, including those from PGP and FPM courses, participated in the summer placement with more than 140 recruiters making internship offers. The average stipend per month was Rs 30,000 pm this year compared with Rs 27,000 in the previous year.

With organisations ranging from healthcare and sports management to a central ministry thronging the campus, students got the scope to explore unconventional opportunities. Interestingly, one of the popular rock bands, Parikrama, participated in the summer placement and made an offer to a student for social media marketing for its band and performances during the internship period.

For the first time, one national-level political party has offered internship programs to IIM-K students. “However, owing to confidentiality, we cannot disclose the name of the political party,” said a member of the placement committee.
Compared with the last year, a noticeable increase has been witnessed in the number of offers in the IT and HR sectors, while the number declined for the consulting and finance sectors.

“TAS, HUL, Philips, Mahindra, RIL, ITC, PepsiCo, PwC, Asian Paints, Airtel, Amazon, Goldman Sachs, Deloitte, Nomura, Citibank and JP Morgan were some of the top recruiters,” informed the member.

Sales & marketing and finance emerged as the most preferred verticals this year with more than 50 per cent of the batch opting for these profiles. The season also saw a remarkable increase in the number of companies and roles in corporate strategy. The batch profile with an average work experience of 21 months justified the suitability for strategy roles.

IT and ITeS (IT-enabled services) companies emerged as the biggest recruiter offering jobs to 25 per cent of the batch, followed by FMCG and manufacturing firms at 24 per cent. BFSI and consulting were the next two sectors offering jobs to 16 per cent and 13 per cent of students, respectively.

Niche sectors like media, healthcare and sports management also made their presence felt. Twenty students grabbed international offers for their summer training.

One global investment bank, an FMCG giant, a major business house and a few medium-scale enterprises with international operations have offered overseas roles.

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