Top Recruiters from Diverse Industries Participate at IIM-K Lateral Placements

IIM Kozhikode, the country's fastest-growing premier business school, recently concluded a landmark Lateral Placements season that saw top recruiters making unprecedented offers across industries and functions on campus.

The Lateral Placements Program is for students with prior industry experience. This year, approximately 30% of the Class of 2008 (55 students of a batch of 180 students) were eligible for the Lateral Placements program. 35 premier recruiters from India and abroad participated in Lateral Placements on campus, and a total of 103 offers were made. The average salary for Lateral Placements 2008 stood at Rs. 15.56 Lakh per annum.

Lateral Placements for the Batch of 2008 came of age with a number of compelling trends being observed. Contrary to previous years, when lateral placements were typically dominated by the IT/ITeS sector, this year Lateral Placements saw a deluge of plum offers from across diverse industries, recruiting for a wide set of roles and functions.

A number of firms have participated in Lateral Placements in the Finance, Consulting, Marketing and General Management space. IT companies have also participated in laterals in big numbers this year, continuing to demonstrate immense faith in the quality of managerial talent on offer at IIM-K. The roles and profiles on offer were significantly richer and more challenging than what has traditionally been offered to students in a campus placement program.

International Recruiters too turned out in full force at IIM-K, making no less than 13 international offers to students of the Class of 2008. The highest international salary was pegged at USD 175,000.

Participating Recruiters

Lateral Placements 2008 saw participation by key recruiters from across a diverse set of industries. Some industries that found representation at Lateral Placements 2008 included Consulting, Banks & Financial Services, Media & Technology, Fast Moving Consumer Goods, Healthcare & Pharma, Retail and Telecommunications to name a few.

The Consulting sector was out in full force, with industry heavy-weights like KPMG, Monitor Group, PricewaterhouseCoopers, Ernst & Young, Hewitt Associates, Deloitte & Touche, Boston Analytics, i2 Consulting, GrowTalent and Capgemini making top-drawer consulting offers.

The Banks & Financial Services sector was represented by Barclays, Citibank, Lehman Brothers, Standard Chartered and Yes Bank, amongst other companies. IIM-K will continue to build on the strong relationships it shares with key players in the BFSI sector through participation in Lateral Placements over coming years.

Next