IIM Kozhikode
IIM Kozhikode Final Placements 2012
When the going gets tough, the tough get going
Globalizing Indian Thought
The adage summarizes the response of IIM Kozhikode to the challenging final placements 2012 that saw the test of the institutes resilience. In spite of the paralysed economy the offers made to the highest ever batch size of IIM Kozhikode is a testimony of the trust IIM Kozhikode enjoys from India Inc. The recruiters were from a wide range of companies spanning across MNCs, SMEs and privately held companies. The highlight of the placement season was the large number of PPOs offered and the senior management roles, both of which re-emphasized the stellar brand image enjoyed by IIMK in
Final Placements 2012
industry.
Indian Institute of Management , Kozhikode
Placements Office, IIM Kozhikode IIMK Campus PO, Calicut- 673570 Kerala, India
IIM Kozhikode Placements 2012
FINAL PLACEMENTS 2012: A TEST OF RESILIE NCE
This year saw most of our regular recruiters and a good number of new recruiters visiting campus. For a batch size of 317 students, 135 companies This year saw a good number of new companies hiring from IIMK thus resulting in increased number of first time recruiters. Many medium sized companies such as MAQ software, V2 Solutions, Neudesic, Mind Matters, Customer 24*7 Labs participated in the placement process for the first time and offered senior managerial positions to students with relevant workexperience. The highest salary offered on campus was by a European based Investment bank and the average salary per student saw a marginal rise of 7% over last year. . "The professional manner in which the recruitment process was conducted is highly commendable. It was well planned and coordinated. There were no delays and waiting. The placement team was very cooperative and understanding. We had a good time at the campus" - Madura F&L We had many students who decided to join start-ups like Sports Cradle, Global Environment Concern, Neudesic and Heckyl to explore greener pastures and test their entrepreneurial abilities. Students are not scared to experiment anymore and have shown preference in going for better roles than bigger brands.
participated in the process with offers across the sectors of Finance, Marketing, Operations, Consulting, General Management, IT and HR. Amid the fears of recessionary pressures, IIM Kozhikode strived to carve out a niche for itself as Indias l eading B-School by placing its 14 batch in several reputed companies like Deutsche Bank, Nomura, Goldman Sachs, ICICI,
th
THE PPO ADVANTAGE
The silver lining of this years placement was the significant
Deloitte Consulting, HUL, ITC, Cognizant, Wipro Consulting and Amazon.
ENTREPRENEURSHIP: THE NEW
increase in the number of PPOs offered to students. From 18 PPOs last year, the number increased to 51 PPOs offered to students across verticals.
IIM Kozhikode successfully completed placements despite a paralyzed economy, increased batch size and global slowdown in new investments
NEW RECRUITERS & PUBLIC SECTOR
D E S T I N A T I O N A T I O N F O R M A N A G E ME N T G R A D S
SME ADVANTAGE
For the first time, IIMK also tapped into the growing SMEs which are looking at expanding their business into new markets. Firms like AVT Consumer Arbitron products, and Suntec Kalkitech, recruited This year IIM Kozhikode saw several first time recruiters who visited the institute. Global Environment Consulting (GEC), Innovation Labs-Customer 24*7, Xchanging, V2 Solutions Pvt. Ltd., String Infotech, Urjja Jobs, Head Hunters, Arbitron etc participated in the placement process. PSUs made their presence felt on campus through the regulator RBI and financial behemoth UTI. Oil and power sector PSUs also visited recruiting some of the best talent from IIMK. Among them were ONGC, PFC, Power Grid and Bank of India. PSUs were the preferred jobs for groups of students who wanted to try out a government job.
THE ALUMNI NETWORK
The Alumni played an integral role in this years placements by ensuring participation of some of the best companies in the industry in the placement process. They also made it a point to themselves travel with the company on many occasions and play an active role in on-campus recruitment.
students for their Marketing and Corporate Strategy verticals.
International offers were given by a few firms in the marketing and operations verticals.
OFFERS PER COMPANY
This year due to the slowdown, companies hired cautiously and reduced the number of hires compared to last year. The average number of offers per company stood at 2.35 this year. Even with gloomy markets, IIM Kozhikode was able to increase the average salary across sectors. While the general management and operations sector saw a huge jump of more than 30% rise in average CTC, consulting and finance saw double digit growth in the average CTC. This was the result of a conscious effort to bring in roles and salaries that are mutually beneficial to companies and students.
Vertical Wise Offers
FINANCE
In spite the fact that Finance sector was most hit due to recession, we were able to add new companies to our portfolio. Along with our regular recruiters Deutsche Bank, Goldman Sachs, Nomura, Citi bank; multinational financial institutions such as Societe Generale started recruiting from IIMK this year. As usual, investment banks offered highest salaries to the financial whiz kids of the institute. In the broader marketing domain, there were firms like The Indian banks were equally aggressive with hiring the best talent from IIMK with several financial institutions like RBI, ICICI Bank, Yes Bank, Indus Valley Partners, SBI Caps, SBI General Life Insurance, Futures First, ICRA etc making a beeline for the finance students. The roles offered ranged across Corporate Finance, Treasury, Risk Management and Investment Banking. TAS recruited for the first time and took 6 students, the highest across any IIM. Besides TAS, we had Reliance Industries Ltd., Reliance ADAG, L&T, Mahindra & Mahindra, Olam International, Thomas Cook and "Our experience with IIM Kozhikode was excellent with the quality of candidates and the process. We were delighted to see absence of any pressure to take a decision on a student under time constraints. Not only I could talk to but also let other leadership team members talk to the candidates as ease. At the end, I am very confident of the decisions taken, even when we were hiring MBAs from campus for the first time. Will certainly increase our numbers next year", Idea Cellular Pfizer, Videocon, Meritor, GSK Pharma, Dell, FEI Cargo, the list is endless. Ingersoll Rand recruited from IIM-K for the first time and took 4 students. .
MARKETING AND OPERATIONS
IIMK once again established itself as the favourite destination of both FMCG and B2B marketing firms. While HUL, ITC, Pepsi and HCCB led the FMCG offers, 3M, Asian Paints, Airtel, Idea led the B2B and service marketing verticals. Indian marketing giant Amul visited campus for the first time offering marketing roles to few lucky students.
G E N E R A L M A N A G E ME N T & C O N S U L T I N G
This year e-commerce came up in a big way as a significant vertical showing the growth of online retail in India
SENIOR POSITIONS
The year saw a lot of senior profiles being offered by the medium range and growing companies which visited campus. Roles of Chief Strategy Officer, Executive Assistant to the CEO and similar leadership level roles were offered to students by companies who wanted them to drive their next level of growth for them.
Manipal Group offered roles in General Management. On the consulting side, McKinsey, Gallup Consulting, Deloitte, CBC, WCS, HSBC Consulting etc participated in the placements process and recruited students.
E-COMMERCE
Amazon, ebay, Flipkart, Yebhi.com, Zynga were some of the leading ecommerce giants that recruited from IIM Kozhikode for the first time bringing in a new hope and optimism in an otherwise slow economy.
INFORMATION TECHNOLOGY
Along with IT services firm, product companies such as Facebook, Yahoo, Microsoft etc showed interest in IIMK students. IT companies recruited in numbers with Capgemini, HCL, HP, TCS, Wipro, IBM, Mindtree and Aricent leading the pack.
100 90 80 70 60 50 40 30 20 10 0 Consulting Finance
No. of Offers Across Sectors
Gen. Mgmnt
IT
Sales & Marketing
Operations
Others
Growth in Average CTC
Avg CTC 2011 18.78 15.24 13.17 11.20 12.10 13.39 13.40 10.50 11.29 10.08 12.10 12.31
We were extremely satisfied with the efficiency with which the process was conducted and the quality of the students. -TATA Motors
Avg CTC 2012
Consulting
Finance
Gen. Mgmnt
IT
Operations
Sales & Marketing
Highest CTC
KEY FACTS
22.5 17.5 19.5
35 32 22.5
Number of Students: 317 Number of Participating Companies: 135 Highest International CTC: $150,000 Highest Domestic CTC: Rs. 32 lacs Percentage of New Recruiters: 47% Average CTC grew by 7% Number of Offers per Company: 2.6
Consulting
Finance
Gen. Mgmnt
IT
Operations
Sales & Marketing
