IIM Kozhikode completes its Summer Placement 2013 in record low time

CoolAvenues Newswire | October 17,2013 05:49 pm IST

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 like L’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.  

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