IIM Kozhikode completes placements for the batch 2018-20. 5 students opted out of the process.
IIM Kozhikode Placement 2020: Indian institute of Management Kozhikode (IIM K) has completed the final placements for its 2018-20 batch with 12% increase in the mean salary. The average annual salary increased to INR 23.08 lac from INR 20.67 lac while the median increased to INR 20.8 lac from INR 18.5 lac. The top 50% students bagged an average cost to company or total salary package of INR 26.69 lac, up 12.5% from last year’s.
Around 131 recruiters, representing a 22.4% increase compared to the number last year, made offers to 413 of the 418 students who participated in the placements.
Also Read: Top 100 Business Schools of India || MBA Placement 2019| Top Management College by placement
5 students opted out of the process. The consulting cluster made 29% of the offers, followed by 21% by banking, financial services and insurance (BFSI) and about 18% by sales and marketing.
“Green energy and e-commerce sectors along with emerging startups, including those in education technology, have hired this year along with the other traditional firms. IIMK has seen a 200% surge in offers from startups, along with more than 150% increase in roles from e-commerce firms,” said Shovan Chowdhury, placements chairperson at the institute. AB InBev, BlackBuck, Bounce, Cisco, Cloudtail, D.E. Shaw, GE Healthcare, Google, Gramener, JSW, Myntra, Ninjacart, Uber, Udaan, VMware, Work India and Xiaomi were among the 48 new recruiters who participated in the process this year.
Other major recruiters included Accenture Strategy, Accenture Tech Consulting, Airtel, Amazon, Axis Bank, Bain & Co., Bajaj Auto, BCG, Capgemini, Citibank, Deutsche Bank, EY, Flipkart, Goldman Sachs, HSBC, HUL, JPMorgan Chase & Co., Microsoft, Nomura, Pidilite, PwC, Reliance Industries, RPG Group, Samsung and TAS. Information technology and analytics cluster was represented by both marquee and niche recruiters. Source: The Economic Times