IIM Kozhikode registers 19% rise in summer placements
The Indian Institute of Management-Kozhikode has completed its summer placements for students of its post-graduate programme in only 10 days, which saw offers made by 107 recruiters, including about 50 new ones. The average monthly stipend went up 14 per cent over last year’s figure, and the number of offers per recruiter increased by 19 per cent. The top recruiters included Deutsche Bank, Goldman Sachs, Hindustan Unilever and Tata Administrative Services, which together made 30 offers. New recruiters included Apollo Hospitals, Axis Bank, CommonFloor and CRISIL.
The top recruiters included Deutsche Bank, Goldman Sachs, Hindustan Unilever and Tata Administrative Services (TAS), which together made 30 offers. New recruiters for summer placements included Apollo Hospitals, Axis Bank, CommonFloor, Crisil, Dabur,
When asked about some IIMs reporting the completion of their summer placements in less than five days, A F Mathew, chairperson, placement committee at IIM-K, said the institute also could have completed its placements process in just five days, but preferred to “focus on transparency”. Mathew told Business Standard that the institute had formed a transparency committee, including a student representative. “Sign-outs were very low this time. IIM-K has also introduced an internal audit system this year, in line with IIM-Ahmedabad,” Mathew said.
The top recruiters included Deutsche Bank, Goldman Sachs, Hindustan Unilever and Tata Administrative Services (TAS), which together made 30 offers. New recruiters for summer placements included Apollo Hospitals, Axis Bank, CommonFloor, Crisil, Dabur, DDB Mudra, eBay, Hector Beverages, Idea, iNautix, Maersk, Microsoft, Muthoot Group, Snapdeal, Titan, and Zee Media.
Kulbhushan Balooni, director (in-charge), said finance firms made offers to 19 per cent of the batch in areas of 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 Pidilite and Vodafone that made the joint highest number of offers (8 each), followed by Godrej (6), HUL (5), Kellogg’s (5) and Philips (5).
More than 15 per cent of the batch secured internships in consulting and general management roles. TAS selected nine students, 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 companies such as Amazon, Apollo Hospitals, Asian Paints, Bosch, Flipkart, eBay, etc.
In terms of international internships, Paramount Computer Systems continued to hire from the B-school for roles based out of West Asia. Tolaram Group offered sales & marketing roles based in Nigeria.