FINAL PLACEMENTS 2012: A Test of resilience
Indian Institute of Management Kozhikode completed the final placements for the 2010- 12 batch. 135 companies participated in the process and made offers to a batch of 317 students across Finance, Marketing, Operations, Consulting, General Management, IT and HR sectors. Amidst recessionary pressures, IIM Kozhikode strived to carve out a niche for itself as India’s leading B-School by placing its 14th batch in reputed companies like Deutsche Bank, Nomura, Goldman Sachs, ICICI, Deloitte Consulting, HUL, ITC, Cognizant, Arvin Meritor, Ingersoll Rand and many more.
A number of new companies hired from IIMK resulting in an increased number of first time recruiters. These include companies such as Amazon, Zynga, Maruti Suzuki, Flipkart, Texas Instruments, Dell, Reserve Bank of India and UB Group. Many companies offered senior managerial roles to students with relevant work-experience.
The average salary per student witnessed a rise of 7% over last year’s figures.
IIM Kozhikode successfully completed placements despite concerns of global slowdown and an increased batch size
The PPO Advantage:
The silver lining of this year’s placement was the significant 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. Industry stalwarts like Colgate Palmolive, P&G, HUL, ITC, Deutche Bank, Mahindra & Mahindra, Airtel, JP Morgan Chase, Citi Bank, Standard Chartered and Reliance Industries preferred the PPO route.
Vertical Wise Offers
In spite of the fact that Finance sector suffered the most due to recession, IIMK was able to add new companies to their portfolio. Along with the regular recruiters Deutsche Bank, Goldman Sachs, Nomura, Citi Bank, HSBC-GR many multinational financial institutions such as Societe Generale also started recruiting from IIMK this year. Investment banks offered the highest salaries to the finance whiz kids of the institute.
The Indian banks were equally aggressive; hiring the best talent from IIMK for several financial institutions like RBI, ICICI Bank, Yes Bank, Indus Valley Partners, SBI Caps, SBI General Life Insurance, Futures First, ICRA etc.
The roles offered ranged across Corporate Finance, Treasury, Risk Management and Investment Banking.
IIMK once again established itself as the favorite destination for 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 the campus for the first time offering marketing roles to a few students.
In the broader marketing domain, firms like Pfizer, Videocon, Arvin Meritor, GSK Pharma, Dell, FEI Cargo, participated in the placements process. Ingersoll Rand recruited from IIM-K for the first time and offered roles to 4 students.
General Management & Consulting
TAS recruited for the first time and gave offers to 6 students, the highest across any IIM. Besides TAS, Reliance Industries Ltd., Reliance ADAG, L&T, Mahindra & Mahindra, Olam International, Thomas Cook and Manipal Group offered roles in General Management.
On the consulting side, McKinsey, Gallup Consulting, PWC, Deloitte, KPMG, Cognizant Business Consulting, Wipro Consulting Services, HSBC Consulting participated in the placements process.
IT / ITES
IT companies recruited in numbers with Capgemini, HCL, HP, TCS, Wipro, Mindtree and Aricent leading the pack. Along with IT services firm, product companies such as Facebook, Yahoo, Microsoft etc showed interest in IIMK students.
This year e-commerce came up as a significant vertical showing the growth of online retail in India. Amazon, eBay, Flipkart, Yebhi.com, Zynga were some of the leading e-commerce giants that recruited from IIM Kozhikode for the first time bringing in a new hope and optimism in an otherwise slow economy.
The operations vertical also witnessed a few big names in the industry recruiting from IIMK. P&G, Airtel, Asian Paints, Tata Motors and Amazon are few of the names that offered roles in Supply Chain Management, Procurement, Logistics and Service delivery.
Strategy and alliances
An increased number of senior profiles were offered by the medium capital companies and SMEs. Roles of Chief Strategy Officer, Executive Assistant to the CEO and other similar leadership level roles were offered by companies which wanted IIM Kozhikode students to drive their organization towards higher levels of growth.
"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
PSUs made their presence felt on campus through the regulator RBI and financial behemoth UTI. Oil and power sector PSUs also visited campus recruiting some of the best talent from IIMK. ONGC, PFC, Power Grid, Bank of India were the other preferred companies for students who wanted to start their career in the government sector.
Entrepreneurship: In pursuit of dreams
There were many students who decided to join start-ups like Sports Cradle, Global Environment Concern, Neudesic and Heckyl to venture into the unexplored territories and test their entrepreneurial abilities. Students from IIMK were willing to experiment with going for better roles than bigger brands.
“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 could I talk to a candidate but also let other leadership team members talk to the candidates at ease. In the end, I am very confident of the decisions taken, even though we were hiring MBAs from campus for the first time. We will certainly increase our numbers next year.” - Idea Cellular
The Alumni Network
The Alumni of the institute played an integral role in this year’s placements by ensuring participation of some of the best companies in the industry in the placement process. Several alumnus having senior roles in companies personally accompanied their companies to IIM Kozhikode to assist in the on-campus recruitment process.
IIMK also tapped the growing SMEs which are looking at expanding their business into new markets. Firms like AVT Consumer products, Arbitron and Suntec recruited students for their marketing and corporate strategy verticals. International offers were given by a few firms in the marketing and operations verticals. IIM Kozhikode had several first time recruiters. Global Environment Concern (GEC), Innovation Labs-Customer 24*7, Xchanging, V2 Solutions Pvt. Ltd., String Infotech, Arbitron etc participated in the placement process.
“We were extremely satisfied with the efficiency with which the process was conducted and the quality of the students.” TATA Motors