Brushing aside the pandemic’s ripple effect, IIM Kozhikode has successfully closed the summer placements drive for the 25th batch of its Post Graduate Programme (PGP) and the second batches of PGP Liberal Studies and Management, and PGP Finance, the largest ever batch, by day 3 of the recruitment week.
This year’s virtual placement season witnessed enthusiastic hiring by premier recruiters from the diverse talent pool on offer across the silver jubilee batch of the flagship PGP programme and the second batches of the PGP Liberal Studies and Management and the PGP Finance programme. The cohort comprised of candidates with average 26 months of pre-MBA work experience, 39 per cent gender diversity and 40 per cent non-engineering graduates.
Among the key highlights was participation from Front End Investment Banking and Private Equity/Venture Capitalists, as well as the top consulting companies. The 2021 drive saw a huge increase in the participation from well-known companies and new recruiters including Avendus Capital, Bain & Company, FinIQ Consulting, Johnson & Johnson, Loreal, Marico, Myntra, PepsiCo, Reliance and Reliance Nippon Life Insurance. The college hosted 64 new recruiters overall this year across all domains.
Sector wise breakdown
The sales and marketing, consulting and finance were the most sought-after roles on campus contributing up to 73 per cent of the total offers being made.
This season attracted participation from 132 recruiters which offered internships to 559 students with the highest stipend pegged at ₹3.74 lakh. The average stipend for the cohort is ₹2 lakh which is a 6.4 per cent increase from last year’s figure. The median stipend was recorded at ₹2 lakh, with the top 50 per cent of students securing an average stipend of ₹2.57 lakh.
The placement drive witnessed top recruiters including Accenture Strategy, Amazon, Asian Paints, Bain & Company, Boston Consulting Group, Citibank, Deloitte USI, Flipkart, Goldman Sachs, Google, JP Morgan Chase, Microsoft, PwC and TAS extending an aggregate of 146 offers to around 21 per cent of the batch.
Sales and marketing contributed 25 per cent of offers on campus and saw participation from firms such as Asian Paints, Bajaj Auto, Coca-Cola, HUL, ITC, Johnson & Johnson, Loreal, Lubrizol, Marico, Nestle, PepsiCo, Pidilite, Reckitt Benckiser and Samsung among others.
More than 22 per cent of the student cohort was offered internships in the consulting domain. Leading consulting firms such as Accenture Strategy, AON Consulting, Bain & Company, Boston Consulting Group, Deloitte India, Deloitte USI, Ernst & Young, GEP, KPMG, PwC, Synergy Consulting, and others, were among the prominent recruiters.