IIM-K completes summer placements in record 10 days

Friday, Oct 24, 2014,22:00 IST By metrovaartha A A A

IIM Kozhikode has completed summer placements for the 18th batch of its flagship Post Graduate programme in a record 10 days’ time. The season saw offers made by 107 recruiters, which included more than 50 new companies. The average monthly stipend witnessed a rise of 14 per cent over last year’s figure, and the number of offers per recruiter increased by 19 per cent, the B-school said in a statement.
Top recruiters included Deutsche Bank, Goldman Sachs, HUL, and TAS, which together made 30 offers. New recruiters included Apollo Hospitals, Axis Bank, CommonFloor, Crisil, Dabur, DDB Mudra, eBay, Hector Beverages, Idea, iNautix, Maersk, Microsoft, Muthoot Group, Snapdeal, Titan and Zee Media.
Prof Kulbhushan Balooni, Director (In-Charge) IIM Kozhikode, said, We are glad to note the recruiters’ faith in our students’ varied skill-sets, as seen by the new brands and roles on campus this season. We hope to continue catering to the industry’s needs during the final placements season as well. Prof A F Mathew, Chairperson, Placements at IIM Kozhikode, said, It is heartening to see IIM Kozhikode’s strong performance across diverse sectors such as media and advertising, education, e-commerce and telecom.
We remain thankful for the unwavering support of our alumni base in helping us towards this period of sustained growth. Finance firms made offers to 19 per cent of the batch offering roles in corporate finance, investment banking, capital markets, asset management, risk analysis, and global investment research. Goldman Sachs picked 11 students for various divisions, while Deutsche Bank and JP Morgan selected five students each.
The Marketing & Sales domain saw 43 per cent of the batch securing offers in companies such as Airtel, Arvind Lifestyle, Asian Paints, Britannia, Dabur and Godrej. More than 15 per cent of the batch secured internships in consulting and general management roles offered by Aditya Birla Group, Cognizant Business Consulting, Deloitte, L&T, Mahindra, Muthoot Group, Reliance Industries, RPG Group, and TAS, among others.
TAS selected 9 students from IIM Kozhikode, the highest number across IIMs. The Muthoot Group hired three students for corporate finance, and one student was picked for an exclusive project entailing laying down the strategy roadmap for potential new businesses. Roles in logistics and operations were offered by Amazon, Apollo Hospitals, Asian Paints, Bosch, Flipkart, eBay, HCCB, Hero MotoCorp, Maersk, and Snapdeal.
Companies including Capgemini, iNautix, Microsoft, TCS, and Wipro participated from the technology sector. In terms of international internships, Paramount Computer Systems continued hiring from IIM Kozhikode for roles based out of the Middle East. Tolaram Group offered sales and marketing roles based out of Nigeria.