IIM Kozhikode completes Final Placements and bends the rules - introduces 'Dream Offer' provision
Placements Report | Batch of 2015


Kozhikode, 10 Feb 2015: IIM Kozhikode completed Final Placements for the graduating batch of 2015 in a record 10 days. This year had 347 students participating in the placement process with 359 offers being made to them. The average annual compensation figure for this year stands at 14.92 lakhs per annum. A total of 97 recruiters participated in the Final Placements, with 34 being first time recruiters.

The highest domestic salary was INR 29.5 lakhs per annum. The number of Pre-Placement offers saw a marked rise of 38% over figures of last year. The major recruiters this season were Goldman Sachs, IBM Consulting, KPMG, Samsung, Snapdeal and Vodafone, who made a total of 73 offers. New recruiters included Axis Bank, Bluestone, Britannia, Cinepolis, Future Group, HP, Heinz, Hexaware, Idea, Infosys Management Consulting, InMobi, Lenovo, Snapdeal, Tata Communications, The Royal Bank of Scotland, and ZS Associates, among others.

Prof. Kulbhushan Balooni, Director, IIM Kozhikode said, "Final Placements at IIM Kozhikode for the Batch of 2015 saw a speedy close this year with the entire batch getting placed in a record 10 days. This shows that IIM Kozhikode is well equipped to sustain the positive surge in the industry in recent times, that we hope to continue doing so and forge stronger relationships with our recruiters in the future."

Prof. A. F. Mathew, Chairperson, Placements, IIMK said, "The recruitment season this year has reinforced the positive sentiment of the industry towards IIM Kozhikode's talent pool. The placements across verticals have seen a consistent performance, reflecting the students' capabilities towards the needs of the businesses. We are very grateful to our strong alumni base for continuing to be a bedrock of support and aiding immeasurably in our growth."

Finance firms made offers to 19% of the batch with prominent recruiters like American Express, Axis Bank, Citibank, CRISIL, Dell, Deutsche Bank, Edelweiss, Fidelity, Goldman Sachs, HP, HSBC, ICICI, ICRA, J. P. Morgan, Nomura, SBI, The Royal Bank of Scotland, and Yes Bank offering roles in Investment Banking, Risk Analysis, Global Investment Research, Commercial Banking, Indian and International Financial Institution Management, and Cards Management.

Catamaran Ventures, the venture fund backed by Mr. N R Narayana Murthy, also participated in the hiring process for the first time at IIM Kozhikode this year; the results for the process are still awaited.

Sales and Marketing domain saw 23% of the batch securing offers in companies like Arvind Lifestyle, Bajaj Auto, Bluestone, Britannia, Coffee Day Beverages, GSK Pharma,

HCCB, Hansa Cequity, Heinz, HUL, Idea, ITC, Lenovo, Marico, Mogae Media, Nestle, People Interactive, PepsiCo, Pidilite, Raymond, Samsung, Snapdeal, Tata Steel, and Vodafone.

Diverse roles in the Consulting domain were offered by Avalon Consulting, Cognizant Business Consulting, Deloitte, EXL Services, Genpact, IBM, Infosys Management Consulting, KPMG, MuSigma, Paramount, and ZS Associates to 23% of the batch. Roles in General Management were offered to 15% of the batch by Airtel, Aditya Birla Group, Altisource, Bosch, Future Group, Godrej, ICICI Prudential, InMobi, Mahindra Group, Philips, Reliance, RPG, Snapdeal, TAS, and Tata Communications.

In the Strategy domain, Ananda Bazar Patrika (ABP Group) and Cipla offered notable roles. Students were handpicked for niche roles in Financial and Marketing Strategy by Mr. George Muthoot, Chairman of Muthoot Finance. Roles in Operations were offered by Amazon, Asian Paints, Flipkart and Snapdeal.

The technology, business intelligence and allied fields vertical included companies like Asian Paints, Accenture Technology Solutions, Capgemini, Google, HCL, Hexaware, HUL, Indus Valley Partners, Mahindra Comviva, Matrimony.com, Microsoft, Mindtree, Mphasis, TCS, and Wipro.

Companies making international offers included Tolaram Group and Paramount Systems, with roles being based out of Africa and the Middle East. Two students from the batch of 2015 opted to sign out from the Final Placements this season; they plan to undertake higher studies and entrepreneurship ventures respectively.

About Indian Institute of Management, Kozhikode

Started in 1997 with its Postgraduate Programme (PGP), the Indian Institute of Management Kozhikode (IIMK) is on a high growth trajectory today, offering widest range of academic programmes in the field of management education. These include Fellow Program in Management, Executive PG Programs, Management Development Programs and Faculty Development Programs. IIMK set up a Satellite campus at Infopark, Kochi, in 2013 dedicated to Executive Education.

For further information, please contact:

Dr. M.G. Sreekumar            |    Ms. Meghana Bangalore
Head, Media Relations, IIMK |    Adfactors PR, Kochi
+91- 9447654066              |    +91- 9819120245
mgsree@iimk.ac.in              |    meghana.bangalore@adfactorspr.com

Indian Institute of Management Kozhikode
IIM K Campus P.O., CALICUT 673 570, Kerala
www.iimk.ac.in
 


DREAM OFFER PROVISION

In anticipation of positive economic trends of the industry, the Faculty Placements Committee at IIM Kozhikode instituted a dream offer provision as part of the Placements Season of 2014. This provision came into good effect this year, with many students getting a chance to exercise their dream company option.

As per this provision, students are allowed to choose one company as a dream company before the onset of the placements process. With IIM Kozhikode witnessing a great placements season this year, many new recruiters have been added to the roster and the dream offer provision is consequently being exercised to a good extent.

Students who have received Pre-Placement Offers (PPOs) are not eligible for the dream offer provision in the present iteration of the rule - with a view to introducing the provision in a staggered manner - but these students, along with the rest of the batch, are eligible for 'open' companies that are designated so by the Faculty Placements Committee.

Based on the overall exclusivity of the role, two companies this year have been classified as open companies at IIM Kozhikode: McKinsey & Co. and Catamaran Ventures - the venture fund backed by Mr. N R Narayana Murthy. Catamaran Ventures has explored hiring from Indian B-schools only this year, with IIMK making it to their list in addition to IIMA, IIMB, and XLRI. The results for both McKinsey & Co. and Catamaran Ventures are awaited.
 

 

Source: By E-mail (February 10, 2015)

Published on IndianMBA.com on February 10, 2015

 

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