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IIM-Kozhikode summer placement: Average salary at Rs 21 lakh, 142 offers by top companies

IIM-Kozhikode summer placement 2018: The post graduate batch of 2016-18 had 382 students participating in the summer placements process which involved major recruiters like Amazon, Avendus Capital, BCG, HUL, ITC, McKinsey, Microsoft among others

By: Careers Desk | New Delhi |
Updated: October 22, 2018 1:29:25 pm
IIM-Kozhikode summer placement, IIM-Kozhikode, Indian Institute of Management, Indian Institute of Management Kozhikode A total of 105 companies participated in the programme which includes ABInBev, AstraZeneca, Dr. Reddys Laboratories, Edelweiss GWAM, Flipkart, Siemens, and Uber. (Image source: iimk.ac.in)

IIM-Kozhikode summer placement 2018: Around 421 students grabbed job offers in the recently concluded summer placements at the IIM-Kozhikode, completing 100 per cent placements. A total of 105 companies participated in the programme which includes ABInBev, AstraZeneca, Dr Reddys Laboratories, Edelweiss GWAM, Flipkart, Siemens, and Uber, the release said.

The 22nd postgraduate batch of 2016-18 had 382 students participating in the summer placements process which involved major recruiters like Amazon, Avendus Capital, BCG, HUL, ITC, McKinsey, Microsoft among others. The average CTC saw an increase from 17.65 lakh per annum in 2017 to 17.8 lakh per annum in 2018. Also, the average salary offered to the top 50 per cent of the batch maintained its upward trend increasing from 20.1 lakh per annum in 2017 to 21 lakh per annum in 2018.

Students also secured international offers from companies like Arthur D Little and Tolaram Group. The number of firms participating in the summer placements process in 2018 increased by more than 50 per cent as compared to last year. Notably, 59 companies which participated were Fortune 500, mentioned the release.

“Our summer placements this year have achieved unparalleled success. The students have triumphantly converted all the offers from recruiters. Considering the economy’s volatility, recruiters are bound to be hesitant, but the merit of our students attracted a whole new list of companies visiting our campus,” IIM-K director Prof Debashis Chatterjee said.

Accenture Strategy, Amazon, Deloitte USI, Goldman Sachs, Pidilite, Uber, and Wipro were some of the top recruiters, extending 81 offers to approximately 20 per cent of the 22nd batch of Post Graduate Programme (PGP) batch in total.

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