Finance Emerges as the Most Preferred Vertical among Students at IIM, Kozhikode Final Placements

 | May 17,2010 05:28 pm IST

IIM Kozhikode announced the completion of an exciting placement season on 13th March for its twelfth batch of PG Program in Management, living up to its successful placements record despite apprehensions regarding placing a significantly larger batch of 250 students (32% more than last year's batch).

A total of 122 firms participated in the Placement process this year for IIM Kozhikode’s largest ever batch size of 250 students.

These included leading names from Indian and Global Industry - prominent financial institutions, renowned consultancies, the biggest FMCGs and some of India’s largest conglomerates. PSUs and start-ups provided the much sought diversity and greater calling to the passing out batch, aspiring to make a difference.


The Placement Process
Unlike previous years, this year the placement process was spread over weeks instead of days to give both recruiters and students more time to conduct the process and make informed decisions. Thanks to the economic revival, the institute did have the opportunity to wrap up the process in a much shorter duration this year. However, it decided against the same. “It has always been our top priority to get students jobs in sectors of their choice. We are not here to race against the clock and compromise on quality of offers. With a dramatic increase in batch size, it suits both recruiters and students to have the placements span over a longer duration,” said Dr. Debashis Chatterjee, Director, IIMK.



                                                      Figure 1: Number of participating firms


The Placement process took off with the lateral placements during the last week of January. Thereafter, final placements commenced during the first week of February with the day-based system of slotting companies stretched over a month. The placement process was put on hold for two weeks to accommodate the final examinations and resumed from February 23. “We were greatly impressed by the maturity of the students and their professional demeanour. The talent pool available was a good mix of industry experience and fresh enthusiasm. The recruitment process was very well managed and ran smoothly even though it ran late into the night,” said Ravi Ajmera, CAO, Deutsche Bank (Global Markets).


Allaying fears that subdued placements for the Finance vertical would continue due to the spill-over effect of the recession, finance emerged to be the most preferred vertical among the students. A whopping 39% of the total roles on offer were made in the finance domain.




                                                                  Figure 2: Vertical Wise Break Up


Marketing and consulting also dominated the placement season, with 27% of the roles offered being for sales and marketing profiles and 22% for consulting profiles. Roles offered in HR, Operations and IT verticals accounted for about 12% of the total roles. The largest recruiter for the season was Deloitte, who picked up 19 students from the campus. “We were very impressed with the quality and breadth of talent that we got to interact with at IIM K. We took the opportunity to hire some really. smart people and look forward to making our relationship with the campus strategic and mutually rewarding,” said Mr. Sudeep Krishna, Manager with Strategy and Operations division of Deloitte.