Thursday 17 October 2013

IIM KOZHIKODE COMPLETES ITS SUMMER PLACEMENT 2013 IN RECORD LOW TIME

Indian Institute of Management Kozhikode
IIM K Campus P.O., CALICUT 673 570, Kerala
www.iimk.ac.in
20% INCREASE IN THE NUMBER OF OFFERS PER COMPANY
·        AVERAGE STIPEND INCREASED BY 36%
 
Kozhikode, 17 October, 2013: The summer placements for the 17th batch of the PGP, flagship program of IIM Kozhikode, concluded on a successful note on 15th October 2013. IIM Kozhikode finished the summer placements in record low time by securing internships for all the participating students.
 
 
Prof. Debashis Chatterjee, Director, IIM Kozhikode said, “Performance in the placements shows the growth of the campus across verticals. The gender diversity was received extremely well by the recruiters. We are glad that we could cater to needs of the industry.”
 
Prof. Kulbhushan Balooni, Chairperson-Placements, further added, “Top organizations aligning their recruitment timeline to our placements cycle augurs well for the campus. We are upbeat about the upcoming lateral and final placements season.” IIM Kozhikode will kick-off lateral placements season in December 2013 and final placements season in January 2014.
 
Top recruiters were Deutsche Bank, Goldman Sachs, TataAdministrative Services (TAS), which selected 30 students.
New recruiters for the summer placements likeL’Oreal, Godrej, Castrol, Cipla, Aviva, Altisource, Dell, InMobi, Whirlpool, Vodafone, Saint-Gobain, Aricent, Bosch, ACC were impressed by the academic excellence and diversity of the batch.
Finance emerged as one of the most preferred verticals. Close to 20% of the batch secured internships in finance from recruiters across industries, which included firms like Citibank, JPMC, American Express, ICICI, Edelweiss, Aviva, Dell and L&T.
In general management and consulting vertical, students will intern with Deloitte, Aditya Birla Group, Mahindra Group, Philips, Cognizant Business Consulting, Reliance Industries Ltd. and RPG.
The institute maintained its solid track record in sales and marketing with regular recruiters like HUL, ITC, Asian Paints,Airtel, Pepsi, Marico, Pidilite, Kelloggs, Madura and Raymond making attractive offers to the students.
Operations and HR vertical also witnessed an increase in the number of recruiters and offers were made to the students with names like Asian Paints, L&T, Flipkart, Cipla, JSPL, Wildcraft and Genpact.
IT & ITES firms appreciated the quality of the students with relevant domain experience and recruited in good numbers.
Niche sectors like media, event management, healthcare and sports management also made their presence felt.
 
One of the important highlights of the season was an increase in number of roles offered by regular recruiters. A 20% increase in the number of offers per company resulted in lesser number of companies participating in the summer placements as compared to last year for almost same batch strength of 366.
Average stipend increased by 36% over previous year with Rs. 2lacs as the highest domestic stipend amount.
 
About Indian Institute of Management, Kozhikode
Started in 1997 with its Postgraduate Programme (PGP), the Indian Institute of Management Kozhikode (IIMK) is on a high growth trajectory today, offering widest range of academic programmes in the field of management education. PGP student's intake for 2009 was 309 students i.e. 5 times in 7 years thus making it the fastest growing management school in the country to reach that landmark. This was done keeping the quality of the programme high, as the Institute continued to maintain its sound placement record, ranking among the top 5 institutes in the country.
IIMK pioneered Interactive Distance Learning (IDL) for working executives in India. The Institute is today a leader in Faculty Development Programmes (FDP) and is the major QIP (Quality Improvement Programme) Centre of the All Indian Council of Technical Education, in the field of management education. A significant step was taken for incubation of a Centre of Excellence jointly with Government of Kerala, which is one of its kinds in India, to help the Scheduled Castes/tribes students overcome their deficiencies in communication, personality, etc. Spread over about 100 acres of land, the Institute is situated on two hillocks in Kunnamangalam area of ancient city of Calicut in Kerala, is one of the most picturesque oxy-rich campuses in the country. A strong fleet of highly experienced and dedicated faculty coupled with the state-of-art knowledge resources and cutting edge computing & communication infrastructure enables IIMK offer a life time experience to the student as well as the research community. The Institute has recently opened the Indian Business Museum, the first of its kind in the country, which aims at promoting entrepreneurship among the youngsters as well as acknowledging the profound contributions of the business houses and other visionaries. IIMK, today, is synonymous with a thought leader globalizing Indian thought systems and driving its application to the current corporate scenario.
IIMK has now set up a Satellite campus at Infopark, Kochi, dedicated to Executive Education.

For Further information, please contact:
Dr. M.G. Sreekumar                 |    Ms. Meghana Bangalore/Shoma Ghosh
Head, Media Relations, IIMK |   Adfactors PR, Kochi
+91- 9447654066                   |   +91-9742660399/+91 9820091196
 
 
Warm Regards,
Meghana Bangalore
 
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