05 April 2018 11:06:58 IST

IIM-K students get big job offers

Salary offered averaged at ₹17.76 lakh per annum

Indian Institute of Management -Kozhikode (IIM-K) wrapped up its final placements this year with salary packages offered to students averaging at ₹17.76 lakh per annum, with the highest international salary being ₹52 lakh per annum.

Of the 382 students graduating from the batch of 2018, 367 secured offers from major recruiters such as Deloitte, BCG, EY, Goldman Sachs, PwC, Arthur D Little and JP Morgan Chase, an IIM-K release said today.

However, 11 students opted out of the placement process, while four others remained unplaced, the release added.

In all, 178 companies participated in the placements process, a 58 per cent increase from the previous year. Of those that participated, more than 75 were first-time recruiters. These included Arthur D Little, Avendus Capital, Axis Securities, Bharat Forge, Britannia, Casio, Crompton Greaves, GMR Group, Optum - UHG, RBL Bank and Shapoorji Pallonji Group, among others, the release said.

Diverse roles in the consulting domain were offered to 26 per cent of the batch by the Boston Consulting Group, Cedar Consulting, Cognizant Business Consulting, Deloitte, EY, IMC, KPMG and PwC, the release said.

The 20th annual convocation of the institute will take place on April 7 at which Dr Janmejaya Sinha, Chairman, Boston Consulting Group, Asia-Pacific Region, will be the chief guest, the release added.