IIM Kozhikode Placement 2020: Average Salary up by 12%; Rises to Rs.23.08 LPA – 100% Placement over in 5 Days

MBAUniverse.com News Desk |
January 28, 2020
IIM Kozhikode Placement 2020 has recorded sharp rise in salary offers and number of recruiters. The final Placement 2020 concluded with 100% placement in just 5 days. 131 recruiters made offers to the large batch of 413 students. Both average and median salary have gone up this year with average salary increasing to Rs.23.08 LPA from Rs. 20.6 LPA and the median salary increasing to Rs.20.8 LPA from Rs.18.5 LPA last year
IIM Kozhikode Placement 2020

Observing no slow down in placement for its students, Indian Institute of Management Kozhikode witnessed 100% placements in 5 days for the 413 students participating in the placements process. The offers were rolled out by 131 recruiters recording a 22.4% increase as compared to last year.

For its largest batch till date consisting of 418 students, the placements witnessed a 12% increase in the mean and 12.4% increase in the median salary from last year. The average salary increased from 20.6 LPA to 23.08 LPA while the median salary increased from 18.5 LPA to 20.8 LPA as compared to last year. The top 50% of the students bagged an average CTC of 26.69 LPA, a 12.5% increase from the last year. Five students chose to opt out of the process.  

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Placement 2020: Highlights

  • Average salary up by 12%, goes up to Rs.23.08LPA from Rs.20.6 LPA last year
  • Median salary up by 12.4%, increased to Rs.20.8 LPA from 18.5 LPA last year
  • Top 50% of the students bagged an average CTC of 26.69 LPA, a 12.5% increase from the last year
  • Largest batch size of 418 students
  • 5 students opted out of the placement process
  • 22.4% Rise in Number of Recruiters
  • 131 total recruiters
  • 48 new recruiters
  • Top recruiters include Accenture, Amazon, Asian Paints, Bain & Co., Bajaj Auto, BCG, Capgemini,  Cognizant, Deloitte, EY, Goldman Sachs, HSBC, HUL, JPMorgan, Microsoft, Nomura, Pidilite, PwC, Reliance, RPG, Samsung, Sony, TAS, TATA Sky, Tolaram

Speaking on the placement trends for the largest batch of its flagship MBA, Prof. Debashis Chatterjee, Director IIM Kozhikode, said "The alacrity of placements is reflective of the consolidation that quality B-Schools like IIM Kozhikode have achieved over the years. Technology is re-shaping education and I foresee the edu-tech sector becoming the prime recruiter and a formidable force in attracting talent."

Key Placement Trends
The PGP batch of 2018-20 had 413 students participating in the placements process. A comparative Analysis of Placement Trends during last 5 years is shared below:

Placement Year
Average Salary (Rs.in Lakhs)
Placement 2020
23.08
Placement 2019
20.6
Placement 2018
17.8
Placement 2017
17.65
Placement 2016
17.1

Top Recruiters
Accenture Strategy, Accenture Technology Consulting, Airtel, Amazon, American Express, Asian Paints, Axis Bank, Bain & Co., Bajaj Auto, Boston Consulting Group, Capgemini,  Cognizant Business Consulting, Citi Bank, Citrix, Deloitte, Deutsche Bank, EY, EXL Analytics, Flipkart, Goldman Sachs, HSBC, HUL, JPMorgan Chase & Co., Microsoft, Nomura, Pidilite, PwC, Reliance, RPG, Samsung, Sony, TAS, TATA Sky, Tolaram were amongst the major recruiters.

48 New Recruiters
AB InBev, Blackbuck, Bounce, Cisco, Cloudtail, D.E. Shaw, GE Healthcare, Google, Gramener, JSW, Myntra, Ninjacart, Uber, Udaan, VMware, Work India, and Xiaomi were among the 48 new recruiters who participated in the process this year.

29% Offers from Consulting Sector
IIM Kozhikode hosted McKinsey & Co, BCG and Bain & Co. together in its Placement Process. 29% of the offers were rolled out by the consulting cluster in Placement 2020. Some of the long-term collaborative recruiters in this domain that participated this time are Accenture Strategy, Accenture Technology Consulting, Cognizant Business Consulting, Deloitte, EY, Infosys Consulting, IQVIA Consulting, PwC, ZS Associates.

21% Offers from BFSI Sector
The BFSI cluster also witnessed an impressive growth in opportunities offered at IIM Kozhikode. This year 21% of the offers were made by major financial industry recruiters with majority of the offers being secured from traditional banks including Axis Bank, Bank of America, Citi Bank, Deutsche Bank, Goldman Sachs, HSBC, ICICI Bank, IDFC First Bank, J.P.Morgan Chase & Co., Yes Bank.

18% Offers from Sales & Marketing
IIM Kozhikode maintains its legacy of offering the most sought-after Sales & Marketing opportunities with around 18% offers made by this cluster. 3M, ABFRL, Asian Paints, Bajaj Auto, Enphase Energy, Evanssion, GE Healthcare, GSK, HCL, HUL, L&T, Lenovo, Maruti, OfBusiness, Payoneer, Pidilite, Samsung, Sony, Tata Sky, Tolaram, Xiaomi were among the prominent recruiters.

The Information Technology and Analytics cluster contributed with offers from a combination of marquee recruiters and a few niche recruiters like American Express, Citrix, Google, Gramener, IBM, JDA, LatentView Analytics, Mahindra Comviva, Microland, Microsoft, mPhasis, Myntra, PlaySimple Games, Sabre, VMWare, Wipro.

17% Offers for General Management & Operations
Over 17% offers were made for General Management and Operations roles. Some of the major recruiters in these domains are AB InBev, Airtel, Amazon, Amplus Solar, BlackBuck, Capgemini, Cloudtail, Flipkart, JSW, Mahindra, Ninjacart, Rebel Foods, Reliance, RPG, TAS, Uber, WNS Global.

200% Rise in Offers from Start Ups & E-Commerce
IIM Koshikode students have secured offers from start-ups and e-commerce firms witnessing an increase of more than 200% in the number of offers. Prominent recruiters in this cluster include Amazon, Cloudtail, Flipkart, Myntra, Udaan with firms like Blackbuck, Bounce, Gramener, Myntra, Ninjacart, Rebel Foods, Udaan, Unacademy, Work India showing confidence in IIM-K talent pool and participating in the process for the first time.

The holistic pedagogy at IIM Kozhikode and the relevant course curriculum and the competitive nature of the students at IIMK has helped the Institute in achieving 100% Placement in a short time of 5 days. Prof. Shovan Chowdhury, Chairperson, Placements at IIM Kozhikode, said, “IIMK has witnessed another successful completion of final placements for its largest batch despite the negative sentiment of the job market. Green energy, and e-commerce sectors along with emerging stat-ups including education technology start-up have hired this year along with the other traditional firms. IIMK has seen 200% surge in offers from start-up along with more than 150% increase in the roles from e-commerce firms securing 12.5% of the total offers from these sectors. Contrary to the industry sentiments, 14% of the offers has come from the banking sector. Overall, we have seen 22.4% increase in the participation of the companies this year.” 

According to Prof. Debashis Chatterjee, "The class of talent an Institute like IIMK offers is more enduring than the job profiles. Our students are recognized by our recruiters for their distinctive traits like talent profile, multi-cultural literacy, entrepreneurial mind-set and richer diversity quotient."

Started in 1997 with its Postgraduate Programme (PGP) comprising 42 students, the Indian Institute of Management Kozhikode (IIMK) today has a batch strength of 418 odd students. The B-school is on a high growth trajectory today, offering widest range of academic programmes in the field of management education. These include Fellow Programme in Management, Executive PG Programmes, Management Development Programmes and Faculty Development Programmes. IIMK set up a Satellite campus at Infopark, Kochi, in 2013 dedicated to Executive Education. IIMK has also the unique distinction of launching a PhD (Practice Track) programme for working professionals besides bringing in new dynamic courses in Women Leadership and MS-Finance, in the year 2019-20. The institute is also home to IIMK LIVE a first-of-its-kind startup incubation programme.

Stay tuned to MBAUniverse.com for more updates on IIM Kozhikode

Read Also: IIM Kozhikode Admission 2019: Eligibility, Criteria, Process, Cut-off, Fees; Many Changes Introduced