30 March 2022 13:54:59 IST

IIM Kozhikode placements: Average salary up by 20 per cent

IIM Kozhikode

The Post Graduate Programme in Business Leadership (PGP-BL), the one-year residential MBA programme, offered by the Indian Institute of Management Kozhikode (IIMK), witnessed a strong placement season for the graduating batch of 2022.

The second batch of PGP-BL achieved 100 per cent placements. The batch comprised a diverse cohort of participants with pre-MBA work experience in varied sectors such as manufacturing, technology, automotive, energy, retail, finance, healthcare, legal services and family business.

The average salary secured by the students stood at ₹29 lakh per annum (LPA), an increase of 20.1 per cent over last year, while the median salary secured by the students is ₹25 LPA, an increase of 22.2 per cent over last year.

Diverse offers

The programme attracted the participation of 52 companies which made 62 offers, including one international offer, to the 53 participating students. The highest salary offer recorded is for ₹69.3 LPA while the average salary secured by woman participants stood at ₹30.41 LPA.

Prof Debashis Chatterjee, Director, IIM Kozhikode, said: “This diverse offering, for a second time running, has proved that IIM Kozhikode’s mission to nurture young professionals with experience into potential business leaders, is on a sound academic and industry footing. Their success speaks volumes of their competencies among the competition. ”

Accenture consulting, Amazon, Atos, Bain & Company, Barclays, Cognizant, Gramener, Hashedin by Deloitte, Infosys consulting, Math Company, Microsoft, Mphasis, Paramount, Publicis Sapient, IBM consulting, Quantiphi, Reliance Jio, Reliance Retail, and Searce were among the major recruiters.

More than two-thirds of the cohort were hired for leadership roles such as AVP, senior manager, consultant, product manager, operation manager, and lead business analyst amongst others. The placements season was strongly led by the consulting and technology sector.

Around 42 per cent of the offers were rolled out by the consulting cluster this season, prominent recruiters include Accenture Strategy, Accenture Technology, Bain & Company, IBM consulting, Cognizant, Infosys consulting, The Math Company, and Zinnov.

‘Holistic curriculum’

Nearly 22 per cent of the offers were from the information technology and analytics domain, by companies such as Publicis Sapient, Searce, Gramener, Reliance Jio, HashedIn, Quantiphi, and Visualise AI, among others.

Over 25 per cent of the offers were made to general management and operations roles. The recruiters for these domains include Accenture Operations, Amazon, Atos, Microsoft, Conga, and Reliance Retail.

Sales and marketing, and finance roles were offered to 7 per cent and 3 per cent of the cohort respectively by Barclays, Searce, Whatfix, and Paramount among others.

Prof Qambar Abidi, Placements, Chairperson, IIM Kozhikode added, “The increasing success of the business leadership programme is a testimony to the faith of our recruitment partners in the high-intensity and holistic curriculum and regimen followed at IIM Kozhikode.”