IIM Kozhikode Placement 2022: Records 31% Rise in Average Salary at Rs.29.5 LPA; 100% Placement Completed in 3 Days; sharp rise in Consulting Offers

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MBAUniverse.com News Desk |
February 21, 2022
IIM Kozhikode has registered 31.3% rise in average salary which has gone up at Rs.29.5 LPA in Placement 2022. IIMK concluded its final Placement 2022 with 58% rise in offers in Consulting sector for the 2020-22 batch of 546 students. The Placement drive concluded in three days with 100% placements. 116 recruiters including 39 new recruiters, made offers to the students.
IIM Kozhikode Placement 2022

Indian Institute of Management Kozhikode witnessed 100% placements 2022 for the large batch of 546 students participating in the placements process. The offers were rolled out by 116 recruiters including 39 new companies. Entire Placement process was concluded in three days.

IIM Kozhikode conducted the final placement drive 2022 in virtual mode observing no slow down for its students of 2019-21 batch.

The average salary has gone up by 31.3% at Rs.29.5 LPA while the median salary at Rs.26.50 LPA registered an increase of 32.5% over last year. This Placements season was a grand success with 100% placements for the 24th batch of flagship PGP Programme and the inaugural batches of the PGP- Finance (PGP-F) and PGP- Liberal Studies and Management (PGP-LSM). A total of 571 offers were rolled out by 116 companies. In addition to the Conglomerates and MNCs, numerous startups like CityMall, Healthplix, Navi, OfBusiness, Porter, Rupeek, Udaan, Vernacular.ai and Zebpay have also recruited from the campus. The Placements season witnessed International Offers from companies like CarDekho, Omnibiz and Tolaram Group.

Announcing the successful completion of Final Placements, Prof. Debashis Chatterjee, Director IIM Kozhikode, said “The bouquet of PGP programmes at IIMK further strengthens the institute’s rich legacy of nurturing diverse talent pool. The comprehensive success of the placements season is driven by the trust of the recruiters in IIMK, the ever-reliable support from the global IIMK alumni footprint, and the students ability and training to fully capitalise on the green shoots of recovery in the hiring market.”   

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IIM Kozhikode Placement 2022: Key Highlights

  • 100% Placements achieved in 3 days
  • Average salary is up by 31.3% at Rs.29.5 LPA from Rs.22.53 LPA last year
  • Median salary is up by 32.5% at Rs.26.50 LPA from Rs.20 LPA last year
  • Out of the 546 students placed, 40 students each are from the PGP- F and PGP- LSM courses.
  • 571 offers were rolled out by 116 companies
  • 39 new recruiters participated in Placement 2022
  • Consulting recorded 58% rise in offers and emerged as the largest recruiting sector with 41% of the offers rolled out in Placement 2022
  • Top Recruiters included ABInBev, Accenture, Amazon, Avendus Capital, Bain & Company, BCG, Capgemini, Citi Bank, Credit Suisse, D.E. Shaw, Deloitte, E&Y, Goldman Sachs, Google, HUL,  McKinsey, PwC, RPG

Key Placement Trends: Last 5 Years
A comparative Analysis of Placement Trends during last 5 years is shared below:

Placement Year
Average Salary (Rs.in Lakhs)
Placement 2022
29.50
Placement 2021
22.53
Placement 2020
23.08
Placement 2019
20.6
Placement 2018
17.8
Placement 2017
17.65

Top Recruiters
ABInBev, Accenture Strategy, Accenture Technology, Amazon, American Express, Asian Paints, Avendus Capital, Bain & Company, Boston Consulting Group, Capgemini, Citi Bank, Credit Suisse, D.E. Shaw, Deloitte, Deutsche Bank, Everest Group, E&Y, Flipkart, Goldman Sachs, Google, HUL,  JPMorgan Chase & Co, Marico, Mahindra, McKinsey & Company, Microsoft, Nestle, Nomura, PayTM, Pidilite, PwC, RedSeer Consulting, Reliance, RPG, Samsung, Standard Chartered, Synergy Consulting, TATA Sky, TRMG, Uber, Walmart, Wipro, Yes Bank were amongst the major recruiters.

39 New Recruiters
Adani Group, Clarivate, EY-Parthenon, Garena, Meesho, Merisis, Navi, Ola, PhonePe, Shopee, Swiggy, were among the 39 new recruiters who participated in the process this year.

Sectoral Placements
Consulting sector emerged as the top recruiting sector. IIM Kozhikode sector wise placements are shared below:

Consulting Records 58% rise in Placement 2022 with 41% Offers
Around 41% of the offers were rolled out by the consulting cluster this season, which is a 58% increase from the last year. Some of the long-term collaborative recruiters in this domain that participated this time are Accenture Strategy, Accenture Technology, Bain & Company, BCG, Blue Yonder, Clarivate, Deloitte, Everest Group, EY, EY-Parthenon, Infosys, GEP, McKinsey & Company, Optum, PwC, RedSeer and Synergy Consulting.

BFSI, Finance
The BFSI cluster also witnessed an impressive growth in opportunities offered at IIM Kozhikode. This year, 15% of the offers were made in the financial sector, with the majority of the offers being secured from reputed financial institutions including Bank of America, Citi Bank, Deutsche Bank, D.E. Shaw, Goldman Sachs, ICICI Bank, IDFC First Bank, J.P.Morgan Chase & Company, Nomura, State Street and Yes Bank. Multiple marquee recruiters like Avendus Capital, Bank of America, Equirus, Goldman Sachs, JP Morgan Chase & Company,  Merisis and TRMG have offered Investment Banking roles.

General Management & Operations
16% offers were made for General Management and Operations roles. Some of the major recruiters in these domains are ABInBev, Adani Group, Amazon, Axis Bank, Capgemini, Flipkart, Garena, JSW, Mahindra, Ola, Porter, Reliance, RPG, Swiggy, and Uber. 

IT & Analytics
The Information Technology & Analytics cluster contributed to 15% of the total offers from a combination of marquee recruiters and few niche recruiters like American Express, CarDekho, EXL Analytics,  Google, Meesho, Microsoft, MXPlayer, Navi, Paytm, PhonePe, Publicis Sapient, Salesforce, Shopee, Vodafone India, Walmart Labs and Wipro.

Sales & Marketing
Sales & Marketing witnessed 13% offers made from major recruiters such as ACT, Asian Paints, Bajaj Auto, Cipla, Dr. Reddy’s Laboratories, GSK, HUL, Indegene, Marico, Meesho, Myntra, Nestle, OfBusiness, Ola, Pidilite, Reckitt, RPG, Samsung, Tata Sky, Tolaram Group and Udaan showing their confidence in the institute’s talent pool.

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.

Prof. QambarAbidi, Placements Chairperson at IIM Kozhikode said, “The success of the placements season is a testimony to the recruiters continued confidence in IIMK’s talent pool. The strong connect with the IIMK alumni has been a pillar of enduring support to the institute, particularly so in this pandemic affected time.”

Started in 1997 with its Postgraduate Programme (PGP) comprising 42 students, the Indian Institute of Management Kozhikode (IIMK) today has a batch strength of 460 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 MBA Finance, MBA in Business Leadership (2019) MS-Finance and MBA in Liberal Studies & Management (2020), 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 and the Indian Business Museum.

IIMK is among the top-4 IIMs as per latest NIRF India Rankings 2021. IIM Kozhikode celebrating its Silver Jubilee is also the lone IIM to be recognised as the 2nd most ‘Innovative’ Educational Institute among Institutes of National Importance, Central University & CFIs (Non-Technical) category, in India ARIIA Rankings 2021. The institute also made its global debut for its flagship MBA and EMBA programme at 101+ (16+ in Asia) in the 2020/21 QS World University Rankings. IIM Kozhikode is globally accredited by EQUIS (EFMD) and AMBA (UK).

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

Read Also: IIM Kozhikode Admission 2022: Eligibility, Criteria, Process, Cut-off, Fees