Placement season 2015 at IIM Kozhikode was marked with grand success with 100% placement achieved in just 10 days. More offers from more recruiters with higher packages stole the show. Releasing the final placement report on Feb 10, 2015, Prof. Kulbhushan Balooni, Director, IIM Kozhikode said, “Final Placements at IIM Kozhikode for the Batch of 2015 saw a speedy close this year with the entire batch getting placed in a record 10 days. This shows that IIM Kozhikode is well equipped to sustain the positive surge in the industry in recent times, that we hope to continue doing so and forge stronger relationships with our recruiters in the future.”
The industry reinstated its faith in IIMK as past recruiters along with more new recruiters took part in the placement process 2015. The unique feature in the process was the diversity of profiles offered to the students which gave them a good choice in terms of industry and the role.
Key Trends in placement 2015
IIM Kozhikode has a consistent record of excellent placement. 347 students out of the PGDM batch 2013-15 at this highly ranked B school participated in the placement process 2015 to pursue placement opportunities. 2 students from the batch of 2015 opted to sign out from the Final Placements this season; they plan to undertake higher studies and entrepreneurship ventures respectively.
Students were offered roles in BFSI, consultancy, IT/ITES, strategy, corporate sustainability services, E-commerce consulting, Business development and analysis and many more.
More recruiters with more offers
A total of 97 recruiters participated in the Final Placements 2015 at IIM Kozhikode, with 34 being first time recruiters. 359 offers were made to 347 students participating in the placement process 2015.
The number of Pre-Placement offers saw a marked rise of 38% over figures of last year.
Top Recruiters
The major recruiters this season were Goldman Sachs, IBM Consulting, KPMG, Samsung, Snapdeal and Vodafone, who made a total of 73 offers.
New recruiters included Axis Bank, Bluestone, Britannia, Cinepolis, Future Group, HP, Heinz, Hexaware, Idea, Infosys Management Consulting, InMobi, Lenovo, Snapdeal, Tata Communications, The Royal Bank of Scotland, and ZS Associates, among others.
Average and highest compensation up
Beating the slowdown in placement offers, the placement season 2015 at IIM Kozhikode saw a rise in average salary to Rs.14.92 lakhs per annum showing a rising trend in the job market. The highest domestic compensation also increased to Rs. 29.5 lakhs in placement 2015.
Prof. A. F. Mathew, Chairperson, Placements, IIMK said, “The recruitment season this year has reinforced the positive sentiment of the industry towards IIM Kozhikode’s talent pool. The placements across verticals have seen a consistent performance, reflecting the students’ capabilities towards the needs of the businesses. We are very grateful to our strong alumni base for continuing to be a bedrock of support and aiding immeasurably in our growth.”
Domain wise placement
Finance
Finance firms made offers to 19% of the batch with prominent recruiters like American Express, Axis Bank, Citibank, CRISIL, Dell, Deutsche Bank, Edelweiss, Fidelity, Goldman Sachs, HP, HSBC, ICICI, ICRA, J. P. Morgan, Nomura, SBI, The Royal Bank of Scotland, and Yes Bank offering roles in Investment Banking, Risk Analysis, Global Investment Research, Commercial Banking, Indian and International Financial Institution Management, and Cards Management.
Catamaran Ventures, the venture fund backed by Mr. N R Narayana Murthy, also participated in the hiring process for the first time at IIM Kozhikode this year.
Sales & Marketing
Sales and Marketing domain saw 23% of the batch securing offers in companies like Arvind Lifestyle, Bajaj Auto, Bluestone, Britannia, Coffee Day Beverages, GSK Pharma, HCCB, Hansa Cequity, Heinz, HUL, Idea, ITC, Lenovo, Marico, Mogae Media, Nestle, People Interactive, PepsiCo, Pidilite, Raymond, Samsung, Snapdeal, Tata Steel, and Vodafone.
Consulting
Diverse roles in the Consulting domain were offered by Avalon Consulting, Cognizant Business Consulting, Deloitte, EXL Services, Genpact, IBM, Infosys Management Consulting, KPMG, MuSigma, Paramount, and ZS Associates to 23% of the batch.
General Management
Roles in General Management were offered to 15% of the batch by Airtel, Aditya Birla Group, Altisource, Bosch, Future Group, Godrej, ICICI Prudential, InMobi, Mahindra Group, Philips, Reliance, RPG, Snapdeal, TAS, and Tata Communications.
Strategy
In the Strategy domain, Ananda Bazar Patrika (ABP Group) and Cipla offered notable roles. Students were handpicked for niche roles in Financial and Marketing Strategy by Mr. George Muthoot, Chairman of Muthoot Finance. Roles in Operations were offered by Amazon, Asian Paints, Flipkart and Snapdeal.
Technology & Allied Fields
The technology, business intelligence and allied fields vertical included companies like Asian Paints, Accenture Technology Solutions, Capgemini, Google, HCL, Hexaware, HUL, Indus Valley Partners, Mahindra Comviva, Matrimony.com, Microsoft, Mindtree, Mphasis, TCS, and Wipro.
International offers
Companies making international offers included Tolaram Group and Paramount Systems, with roles being based out of Africa and the Middle East.
IIMK: ‘Dream Offer Provision’
In anticipation of positive economic trends of the industry, the Faculty Placements Committee at IIM Kozhikode instituted a dream offer provision as part of the Placements Season of 2014. This provision came into good effect this year in placement 2015, with many students getting a chance to exercise their dream company option.
As per this provision, students are allowed to choose one company as a dream company before the onset of the placements process. With IIM Kozhikode witnessing a great placements season this year, many new recruiters have been added to the roster and the dream offer provision is consequently being exercised to a good extent.
Students who have received Pre-Placement Offers (PPOs) at IIM Kozhikode are not eligible for the dream offer provision in the present iteration of the rule - with a view to introducing the provision in a staggered manner - but these students, along with the rest of the batch, are eligible for ‘open’ companies that are designated so by the Faculty Placements Committee.
Based on the overall exclusivity of the role, two companies this year have been classified as open companies at IIM Kozhikode: McKinsey & Co. and Catamaran Ventures - the venture fund backed by Mr. N R Narayana Murthy. Catamaran Ventures has explored hiring from Indian B-schools only this year, with IIMK making it to their list in addition to IIMA, IIMB, and XLRI.
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.
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