PGP Placements Report 2024 at IIM Kozhikode: The Indian Institute of Management Kozhikode (IIMK) has once again proven its excellence with the successful completion of the final placements for the 26th batch of the PostGraduate Programme (PGP) and the 3rd batches of both the PGP in Liberal Studies & Management (PGP-LSM) and PGP in Finance. Despite challenging market conditions, the institute achieved remarkable results, showcasing the resilience and dedication of its students, faculty, and placement team.
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Key Highlights of the 2024 Placements
Impressive Recruiter Participation: The institute saw participation from 156 recruiters, including 70 new recruiters across various domains. This indicates the growing trust and confidence that top companies have in the talent nurtured at IIM Kozhikode.
IIM Kozhikode Placements 2023. Average salary Increased
2. Record-Breaking Compensation Packages:
- The highest Cost to Company (CTC) offered this year was Rs. 72.02 LPA, reflecting a significant increase from the previous year’s highest CTC of Rs. 67.02 LPA.
- The mean CTC for the batch stood at Rs. 29.20 LPA, while the median CTC was Rs. 27.00 LPA. Female candidates achieved a mean CTC of Rs. 28.05 LPA, highlighting the institute’s commitment to gender diversity and equality.
3. Diverse Domain Representation:
- Consulting: Dominating the placement season, the consulting domain accounted for 33% of the total offers. Prestigious firms like Accenture Strategy, Bain & Company, Boston Consulting Group (BCG), Deloitte, and KPMG were prominent recruiters.
- Finance: The finance domain was a close second, with 28% of the offers. Leading financial institutions such as Goldman Sachs, JP Morgan Chase, and Deutsche Bank offered roles in investment banking, private equity, and venture capital.
- IT & Analytics: This domain saw 15% of the offers with companies like Microsoft, Amazon, and Walmart offering lucrative positions in product management and analytics.
- Sales & Marketing: Contributing 10% to the total offers, major recruiters included Johnson & Johnson, PepsiCo, and Hindustan Unilever Limited (HUL).
- General Management and Operations: These domains accounted for 8% and 6% of the offers, respectively, with companies like Adani, Mahindra, and Tata Steel offering diverse roles.
4. Academic and Professional Diversity:
- The batch profile for 2022-24 showcased a balanced mix of academic backgrounds, with 55% from engineering, 27% from commerce, 11% from arts, 4% from science, and 3% from other streams.
- Students had substantial pre-MBA work experience, with 27% having 24-35 months of experience and 15% having over 35 months.
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5. Notable Achievements and Recognitions:
- IIM Kozhikode continues to be recognized for its academic excellence, ranking 3rd in management education by NIRF and 72nd in the Financial Times Global Ranking.
- The institute’s emphasis on ‘Globalizing Indian Thought’ is evident in its curriculum and placement outcomes, preparing students for global careers.
6. Strategic Partnerships and Alumni Support: The success of the placement season is also attributed to the robust partnerships with recruiters and the unwavering support from the global alumni network. The alumni have been instrumental in providing mentorship and guidance, contributing significantly to the placement process.
The final placements for 2024 at IIM Kozhikode underscore the institute’s commitment to academic excellence, industry relevance, and student success. The impressive placement statistics, coupled with the diverse opportunities across various domains, highlight the institute’s role in shaping future business leaders.
IIM Kozhikode continues to forge strong industry connections and innovate its academic offerings, it remains a premier destination for management education in India.
