IIM Kozhikode Placement 2021: 100% Placement in Virtual Drive; Records Average Salary of Rs.22.53 LPA with sharp rise in Consulting Offers

MBAUniverse.com News Desk |
August 25, 2021
IIM Kozhikode has concluded its final Placement 2021 with sharp rise in offers in Consulting sector. The Placement drive was in virtual mode which resulted in 100% placement with average salary of Rs.22.53 LPA and median salary of Rs.20 LPA. 137recruiters including 51 new recruiters, made offers to the large batch of 459
IIM Kozhikode Placement 2021

Indian Institute of Management Kozhikode witnessed 100% placements 2021 for the large batch of 459 students participating in the placements process. The offers were rolled out by 137 recruiters recording a 4.6% increase as compared to last year. Entire Placement process was concluded in six days.

The placements witnessed an increased number of recruiters going up at 137 this year from 131 from last year. IIM Kozhikode conducted the final placement drive 2021 in virtual mode observing no slow down for its students of 2019-21 batch.

The average salary stands at 22.53 LPA while the median salary is at 20 LPA. The top 50% of the students bagged an average CTC of 28.9 LPA, an 8.1% increase from last year.  

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Announcing the success of the virtual placement drive, Prof. Debashis Chatterjee, Director IIM Kozhikode, said “This is a testimony to the resilience and competence of our students, alumni, faculty and administration. 2020-21 will go down as a year of true achievement in the 25 years history of IIM Kozhikode. The competitive nature of the students and dynamic curriculum designed by the foremost thought leaders of the country give a cutting edge to our overall efforts to impart quality education and stay relevant with changing times.”

IIM Kozhikode Placement 2021: Key Highlights

  • Average salary is Rs.22.53 LPA
  • Average salary for Women students is Rs.22.98 LPA
  • Median salary is Rs.20 LPA
  • Top 50% of the students bagged an average CTC of 28.9 LPA, an 8.1% increase from the last year
  • Largest batch size of 459 students (Goes up from 418 students last year)
  • Number of recruiters increases to 137 from 131 last year
  • New Recruiters increase to 51 from 48 last year
  • Top recruiters include Accenture, Amazon, American Express, Asian Paints, Bain & Co., Bajaj Auto, BCG, Capgemini, Cognizant, Citi Bank, Deloitte
  • Consulting recorded 12.5% rise in offers and emerged as the largest recruiting sector with 32.7% of the offers rolled out in Placement 2021

Key Placement Trends: Last 5 Years
The PGP batch of 2019-21 had 459 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 2021
22.53
Placement 2020
23.08
Placement 2019
20.6
Placement 2018
17.8
Placement 2017
17.65

Top Recruiters
Accenture Strategy, Amazon, American Express, Asian Paints, Bain & Co., Bajaj Auto, Boston Consulting Group, Capgemini,  Cognizant Business Consulting, Citi Bank, Deloitte, Deutsche Bank, Everest Industries, EY, EXL Analytics, Flipkart, Goldman Sachs, HSBC, JPMorgan Chase & Co, Microsoft, Nomura, Pidilite, PwC, Reliance, RPG, Samsung, TAS, TATA Sky were amongst the major recruiters out of 137 recruiters in Placement 2021 as against 131 last year

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51 New Recruiters
Bajaj Finserv, BlackRock, Equirus Capital, Franklin Templeton, GoIndigo, L'Oreal, Marsh India, Michael Page and Paytm were among the 51 new recruiters who participated in the Placement process 2021.

Sectoral Placements
Consulting followed by BFSI emerged as largest recruiting sectors

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32.7% Offers from Consulting Sector
32.7% of the offers were rolled out by the consulting cluster this season recording a 12.5% increase from the last year. Some of the prominent recruiters who participated in placement 2021 are Accenture Strategy, Bain & Co., BCG, Blue Yonder, Cognizant Business Consulting, Deloitte, EY, Infosys Consulting, IQVIA Consulting, Optum, PwC, Thoucentric and ZS Associates among others.

21.5% Offers from BFSI Sector
The BFSI cluster also witnessed an impressive growth in opportunities offered at IIM Kozhikode. This year 21.5% of the offers were made in the financial sector, with the majority of the offers being secured from reputed financial institutions including Axis Bank, Bank of America, BlackRock, Citi Bank, Deutsche Bank, Equirus Capital, Goldman Sachs, HSBC, ICICI Bank, IDFC First Bank, J.P.Morgan Chase & Co., State Street, and Yes Bank.

15.25% Offers from Sales & Marketing
IIM Kozhikode maintains its legacy of offering the most sought-after Sales & Marketing opportunities with around 15.25% of offers made by this cluster.  Asian Paints, Bajaj Auto, Casio India, DRL, Everest Industries, GSK, HUL, ITC, Lenovo, Nestle, Paytm, Reckitt Benckiser, Samsung, Xiaomi were amongst the prominent recruiters.

13.8% Offers for General Management & Operations
Over 13.8% offers were made for General Management and Operations roles. Some of the major recruiters in these domains are AB InBev, BlackBuck, Capgemini, JSW, Mahindra, Ninjacart, Reliance, Rebel Foods, RPG, and TAS. The Institute has also secured offers from start-ups and e-commerce firms including Amazon, Flipkart, Myntra, Paytm, Udaan showing their confidence in the IIMK talent pool.

The Information Technology and Analytics cluster contributed to offers from marquee recruiters like American Express, Enphase Energy, Google, Fractal Analytics, Microsoft, Mphasis and Walmart Labs.

Sector-wise Offers & Average Salary
Below is shared the sector wise average salary and number of offers recorded in Placement 2021 at IIM Kozhikode

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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.

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-5 IIMs as per latest NIRF India Rankings 2020

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

Read Also: IIM Kozhikode Admission 2021: Eligibility, Criteria, Process, Cut-off, Fees