IIM Kozhikode Placement Report 2019: 16 percent increase in Salary as compared to last year
Vikas Gaur, 23 Jan 2019, #IIMK
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IIM Kozhikode Placement Report 2019: IIM Kozhikode has concluded the final placements for its 21st batch of PGPM course graduating in the year 2019 with 16 percent increase in both the mean and median salary from last year. A total of 366 students in the batch of 373 participated in the placement session. A total of 107 recruiters including major names like Amazon, Boston Consulting Group, Deloitte, EY, Goldman Sachs, HUL, JPMorgan Chase & Co., Optum and PwC visited the campus for the placements. Read the complete placement report here.


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Highlights of Placements

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Number of participating students

366

Number of participating companies

107

Number of first-time recruiters

21

Maximum Number of offers in a single domain

Consulting (117 offers)

Average Salary of Top 50% students

Rs. 23.73 LPA

Highest recruiting domain/profile/function

Consulting

Top recruiting companies

JPMorgan Chase & Co., Amazon, Deloitte, EY, Goldman Sachs, PwC, etc.


The season also witnessed a significant surge in the number of offers and the roles in consulting and finance domain as compared to last year. Consulting domain alone fetched 117 offers covering 30 percent of the batch followed by BFSI sector with 21 percent offers. The list of the new recruiters included Bain & Co, Citrix, Exide, Everest Management Consulting, HSBC Securities, IQVIA, Of Business and State Street.


Prof. Debashis Chatterjee, Director, IIMK, said, “We completed our placement process within a record of 6 days and for the first time attracted top 3 consultancies like McKinsey & Co, BCG and Bain & Co. on day zero. 


He further added, “We continue to be a socially conscientious institute and provide fee reduction and scholarships to our students to overcome the financial burden as ten per cent of our students come from families that have an annual income of Rs. 1 lakh or less. We believe in constant innovation and will continue to innovate to remain relevant to the larger world.”


Professor Shovan Chowdhury, Chairperson, Placements at IIM Kozhikode, said, “We have not only seen a significant surge in the pre-placements offers but also have witnessed offers for niche roles by consulting and finance clusters. The average annual CTC has exceeded Rs. 20 lakhs this year with a 16 percent jump in the median annual CTC. We appreciate the confidence showcased by the recruiters in the capability of our students.”


Sector-wise/Domain-wise Companies


Sector/Domain

Companies

Consulting

McKinsey & Co, BCG and Bain & Co., Avalon Consulting, Cognizant Business Consulting, Deloitte, Everest Management Consulting, EY, Feedback Infra and PWC

BFSI

American Express, Citibank, Deutsche Bank, Fidelity Investments, Goldman Sachs, HSBC Securities, JPMorgan Chase & Co, and State Street.

Sales & Marketing

Asian Paints, Bajaj Auto, Dr Reddy’s Laboratories, GSK, Hindustan Coca Cola Beverages, HUL, ITC, Kohler, Nestle, Samsung and Shell


Over 14 percent offers were made for General Management and Operations roles. Some of the major companies to offer GM roles were Capgemini, Flipkart, Mahindra, Reliance, TAS and Tata Sky while Amazon, Asian Paints, Maersk and RPG recruited for Operations Management.

 

The Information Technology and Analytics cluster contributed to 17 percent of the offers through marquee recruiters like Citibank, Citrix, Cipla, Fidelity, Microsoft, Mondelez, Optum, Shell and Wipro.

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