Indian Institute of Management Kozhikode
Kunnamangalam, Calicut – 673571
Tel: +91-495-2803007(D), 2803001-2 (B), 9447100542(M) Fax: +91-495-2803007

“We look forward to building a strong relationship with IIM Kozhikode. We have enjoyed interacting with students from IIMK.” – Capital One

The highlight of Placements 2005 was the debut of foreign recruiter Capital One, putting IIMK firmly on the international recruiter map. The US financial services giant made an offer of $85,000 (Rs.37.4 lakhs) to Gaurav Agarwal, who will be joining the firm in the USA, as a Senior Business Analyst in October.

IIM Kozhikode has enjoyed a stellar placement season with a significant rise in international, consulting and finance offers over previous years. With an increased batch strength of 120 (60 in previous years), the Class of 2005 had the cream of the corporate world participating in Placements 2005, including first-time recruiters like Capital One (recruiting for positions in the USA), Deloitte Consulting, JP Morgan Chase, Cap Gemini and ITC. They were joined by regular recruiters including the likes of Citigroup, Accenture, GE, IBM, Asian Paints, HP, Kotak, Godrej and the Aditya Birla Group who returned to campus to draw from the IIMK talent pool.

The highest Indian salary came from the consulting sector – an offer of Rs. 10.15 lakhs from Deloitte Consulting.

The average Indian salary was Rs. 7.3 lakhs, (a considerable 15% increase over last year) and with 194 job offers for 120 students, students had an excellent choice of top jobs across sectors, with a number of companies having to go empty-handed as there were no available students.

The largest recruiter at Placements 2005 was IBM, which made 17 offers for roles in business consulting, SAP consulting, sales and marketing and human resources.

Key statistics – IIMK Final Placements 2005

* - Cash component. Does not include benefits, PF, etc.

Strong lateral placement program: IIMK continued to leverage its strong recruiter relationships and outstanding alumni track-records in putting together an impressive list of lateral placement recruiters – a number of whom also participated in the regular Final Placement process for freshers, in February. Though the lateral placement program has been a popular recruitment option predominantly for IT firms in the past, this year saw increased participation from consulting and financial services firms. Commencing in October and running till the regular Final Placement Process in February, the lateral placement program was a rolling placement process that allowed firms and students with significant prior work experience more flexibility in recruitment.

The Class of 2005 – A diverse, world-class group of achievers.

For the 120 individuals of the Class of 2005, who gained entry to the hallowed portals of IIM Kozhikode, after a grueling admissions process involving over 100,000 applicants to the IIMs, their eclectic and distinguished peer group at IIMK has contributed immensely to their learning, both within the classroom and outside. With an average of 13 months of prior work experience, the Class of 2005 comes from diverse academic, professional and cultural backgrounds including engineers, commerce and economics graduates, chartered accountants, a former Navy submarine Commander, a fashion designer and an architect. Following the trend, there are a number of software engineers and also people with prior work experience in a spectrum of organizations ranging from AT Kearney and PwC to Deloitte (Dubai) and the World Bank. A number of students also have significant international exposure through prior work experience abroad, summer internships abroad (Singapore) or through IIMK’s foreign exchange program (France & Germany), which commenced last year.

In a glowing testament to their caliber and superlative performance during their summer internships, around 20% of the batch received Pre-Placement-Offers (PPOs)/Pre-Placement-Interview (PPI) offers from leading recruiters. 16 students garnered PPOs from top firms including Asian Paints, GE Money, Gecis, Godrej, Wipro Technologies, SBI, Patni, L&T, etc while 8 students received PPI offers from ITC, Britannia and Wipro Consumer Care. Best Project Awards at Wipro, Patni and SBI were won by summer interns from IIMK.

The strong recruiter perception and confidence in IIMK’s broad-based curriculum has led to recruiters offering a wide range of roles to students with different specializations – a significant instance of this was that of five students majoring in human resources at IIMK, receiving HR roles from top firms including IBM, HP, Titan and ICICI OneSource.

A detailed description of job roles of companies across sectors is given below:

Banking and financial services: (31% of the batch) - The sector of choice for the majority of graduating students, there was a dazzling breadth of firms and job roles to choose from in the finance arena. The most coveted positions were with Capital One, which was offering Senior Business Analyst positions in the USA. In the investment banking space, a slew of first-timers including JP Morgan Chase and SBI Capital Markets and equity research firms Irevna and Adventity made a large number of offers. Financial services giants Citigroup and GE Money continued to be strong draws. Kotak offered attractive roles in private banking and in portfolio management. An array of banking roles – treasury, corporate banking, risk, credit and retail banking – were on offer from SBI, UTI Bank, HDFC Bank and IDBI Bank. There were also offers in bond trading (STCI), project/structured finance (Power Finance Corporation), corporate finance (L&T) and insurance (Metlife and Birla Sun Life (Aditya Birla Group)).

Consulting: (13% of the batch) – Some of the biggest names in the consulting space, including Deloitte Consulting, IBM Business Consulting, Accenture, Cap Gemini and Bristlecone descended on the IIMK campus to hire some of India’s brightest young management talent. The participation of consulting biggies like PriceWaterhouseCoopers and Ernst & Young at summers this year is also an encouraging development for next year’s consulting scenario at IIMK.

Marketing/FMCG: (15% of the batch) – There was a considerable increase in the number of FMCG/marketing offers on campus with FMCG giants ITC and Godrej making a large number of offers. Students had a range of sales and marketing roles to choose from, in India’s leading FMCG/Marketing firms – Asian Paints, Perfetti Van Melle, Madura Coats, Bharti Televentures, Titan, Wipro Consumer Care and Cavinkare. Pharma major Wockhardt offered roles in their International Marketing Division.

General Management, Automotive and others: (6% of the batch) – Automotive sector majors Tata Motors, Maruti and Mahindra & Mahindra offered roles in marketing and general management. The Aditya Birla Group, GMR group, L&T, BPCL, Career Launcher and Genebridge provided opportunities in marketing and general management.

IT: (30% of the batch) – IT/systems has traditionally been IIMK’s strength over the years, and IIMK continued to attract the leading IT firms with an enviable variety of IT roles – ranging from business analyst and sales positions to business development and project management roles. The majority of the IT firms offered roles to both freshers as well as lucrative lateral offers to students with prior work experience. IBM, HP, Computer Sciences Corporation (CSC) and Covansys joined Indian giants like TCS, Infosys and Wipro, Mahindra British Telecom, HCL Technologies, Patni, Ramco Systems and Polaris in competing for talent at IIMK.

ITES: (3% of the batch) - The rapid-growing BPO sector in India continued to provide exciting and lucrative opportunities for MBAs with roles in quality/Six Sigma, transition, human resources, operations and business development. The recruiters in this space included some of the biggest names in the BPO sector – Gecis, WNS Global Services, E-Serve and ICICI OneSource.

Note: For all placement-related queries please contact placements@iimk.ac.in