IIMK Report on Placements for the batch of 2004 - PaGaLGuY.com - The Everything of MBA in India and Abroad, CAT 2009, GMAT, XAT, MAT
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IIMK Report on Placements for the batch of 2004
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IIMK Report on Placements for the batch of 2004 - 09-03-2004, 07:40 PM

Hi guys,

People who have calls from K must surely have this uppermost on their minds - just how good is IIMK's placements ? 2 answer this i am posting the PR handout that we prepared after placements this year. I can vouch for the accuracy of these figures. We've explained how we have calculated the avg salary - we've given 2 figures - taking the best 59 offers irrespective of whom the offr was given (so 2 offers 2 the same guy could be counted) and another figure taking the 59 offers accepted (taking the better offer of each of the 59 people). If u have any doubts about any of these just PM me or post and i'll get back ASAP.

Ravi

Final Placements at IIM Kozhikode - 2004
IIM Kozhikode has had an exceptional placements season. Some notable indicators include the quantum of jobs (an average of 1.81 jobs per student), the outstanding lateral placement program (56% of total offers), the impressive escalation in the number of firsttime final placements recruiters on campus (20) and the average salary on offer (Rs. 6.35 lakhs).
This year's placement process (both finals and summers) has attracted a combined total of 41 first-time recruiters including Accenture, National Kidney Foundation of Singapore, Microsoft Corporation, AGS Morgan Stanley, IBM, Digital Globalsoft, Infosys, Wipro, ICI Ltd. and CavinKare - a powerful confirmation of IIMK's growing stature in industry and it's emergence as a leading Indian business school.
Regular recruiters like GE Capital, ICICI Bank, ABN AMRO, Asian Paints, Godrej, TCS, Computer Sciences Corporation and the Aditya Birla Group also returned to campus to draw from the IIMK talent pool. A number of companies were asked to cancel their placement visits, as there were no available students left to interview.
Market-based curricula and strong industry linkages IIM Kozhikode's successful placements record reflects its market-based curricula and its constant strengthening of industry linkages over the years. Industry interaction extends to the classroom where a number of electives in the second year are conducted by leading
companies. Courses by Wipro (Software Project Management), TCS (Systems Concepts) and UTI Bank (Equity Research and Capital Markets) as well as courses on branding and B2B marketing by top industry consultants are complemented by courses from IIMK faculty who are at the forefront of academic research and consulting. Apart from an industry guest lecture series that runs through the year, IIMK also hosts top leaders from corporate India in its annual management seminar "Horizons" and this year's inaugural Brand Seminar.
The lateral placement programme, Strong recruiter relationships and an outstanding graduating batch have also led to the resounding success of IIMK's lateral recruitment process this year. Commencing in October and running till the regular Final Placement process in February, the laterals programme was a rolling placement process that allowed firms and students with significant work experience more flexibility in recruitment. Since the graduating batch has an average of 34 months of work experience, a number of firms - especially top IT firms - were enthusiastic about offering lateral-entry roles to them.
The Class of 2004 IIM Kozhikode has constantly sought to attract a diverse and eclectic student community from myriad academic, professional and cultural backgrounds, as it believes that this diversity enriches peer learning as well as classroom and group discussion. The Class of 2004 includes a number of engineers, commerce and arts graduates, chartered accountants and an architect. They come from a variety of industries including software, banking, energy, HRconsulting, engineering, accountancy and others. 25% of the batch has international work
experience - 5 continents, 10 countries - either with organizations like Shell, the United Nations Peacekeeping Force, Citicorp and the Merchant Navy, or on assignments abroad for Indian organizations like Infosys, Wipro, ANZ IT, Tata Motors and the Reserve Bank of India.

Key Statistics - Final Placements 2004
No of participating companies 45
No of offers made 107
No. of students 59
No of offers per student 1.81
Highest offer Rs. 10.4 lakhs (Computer Sciences Corporation)
Average of the 59 accepted offers Rs. 6.35 lakhs
Average of highest 59 offers Rs. 6.62 lakhs
Median salary offer Rs. 5.8 lakhs
The regular final placements process was completed in little over a day (i.e. day one), with 100% placements for the graduating batch. The highest Indian job offer (Rs. 10.4 lakhs) was made by Computer Sciences Corporation to Narendra Wadhwani. Gurvinder Singh Lamba received the highest PPO (pre -placement offer) from GECIS (GE Capital International Services) (Rs. 8.0 lakhs). 56% of total offers were lateral-entry (higher than entry level). IT turned out to be the largest recruiter, making 51% of the offers at IIMK. Marketing: A wide range of marketing jobs was offered by FMCG, Banking and IT companies. Prominent among past recruiters in this space were Asian Paints, Madura Coats,RPG group, Air India and the Aditya Birla Group. Bharti offered marketing jobs in the telecom domain while Torrent and Wockhardt did so in the pharma sector. First -timers on campus this year who offered marketing jobs were Henkel Spic, IBM, Berger Paints, Wipro Consumer Care, Metlife, BPCL, BASF and the UB group.
Finance: A good mix of banking and financial services companies lined up to recruit
graduating students. Investment bank Morgan Stanley debuted at IIMK this year. Other first timers were B&K Securities, CRISIL and Iffco Tokio. Prominent among the older recruiters were GE Capital, Kotak Mahindra, UTI Bank, STCI and Power Finance Corporation. The Aditya Birla Group also offered roles in corporate finance.
Systems and Consulting: The IT arena witnessed the most action as a plethora of Indian and multinational companies vied for the talent at IIMK. A record 14 offers were made by Infosys, visiting IIMK for the first time. It was closely followed by Wipro (12), Digital( and CSC (5). Other notable first time recruiters were Accenture, Covansys and Microsoft Corporation. Regular recruiters like CSC India, HCL Technologies, Polaris, TCS, Patni Computers and Ra mco Systems also offered attractive roles.
General Management, Operations & HR: Past recruiters like GECIS, British Oxygen, Air India, TVS Motors, Ashok Leyland and Eicher Motors returned to IIMK campus to offer a variety of marketing and operations jobs. There were some new faces on the campus like Ma Foi Management Consultants. Madura Coats offered supply chain management jobs. National Kidney Foundation Singapore, the world renowned NPO (non-profit organization) also participated in IIMK’s campus placements for the first time.
Final Placements 2004 - List of participating companies: Accenture, Aditya Birla Group,Air India, Ashok Leyland, Asian Paints, B&K Securities, BASF, Berger Paints, Bharti, BPCL,Covansys, CRISIL, CSC (Computer Sciences Corporation), Digital Globalsoft, Eicher Motors,GE Capital, HCL Technologies, Henkel Spic, IBM, Iffco Tokio, i-Flex Solutions, Infosys Technologies, Kotak Mahindra, Ma Foi Management Consultants, Madura Coats, Metlife, Microsoft Corporation, Morgan Stanley, National Kidney Foundation Singapore, Patni, Polaris, Power Finance Corporation, Ramco Systems, RPG, SAP, STCI, TCS, Torrent, TVS Electronics, TVS Motors, UB, UTI Bank, Wipro, Wipro Consumer Care, Wockhardt.


"Plain hard work is not the source to plenty. The poorer people are, the plainer and harder they work. The better off play golf !"
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Re: IIMK Report on Placements for the batch of 2004 - 16-03-2004, 12:40 AM

hi ..havnt got any calls ths yr..but no harm gathrin info rite

Quote:
Average of highest 59 offers Rs. 6.62 lakhs
Median salary offer Rs. 5.8 lakhs
a) at the risk of soundin naive cud u explain what exaclty the diffrnce btw the Avg. n Median exactly is,cos thr r many explainations floatin..n also on an avg. across bschools, which is higher?
This again gets to the mind how much is the take-home ,nuthr issue ,wont bothr u with tht :wink:

b) Just came across one of ur posts sayin IIMk has gud placmnts in systems n gr8 faculty in Ops..wantd to know how gud is the scene in terms of recruitmnt n faculty for marketing cos i cudnt see a focus on it in the report

hope u`ve bagged a plum job..more imp. wot u wer lookin for
no hurry reply whn u can
[/offtopic]
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Re: IIMK Report on Placements for the batch of 2004 - 16-03-2004, 03:50 PM

Hmm... average and median ... .

Average - total salary of all offers / no of offers
Median - Arrange all in ascending/descending order. now its your central value. Advantage: not affected by the higher salary being skewed.

Guess that is understood now.

About marketing, the faculty is pretty good , with a couple of great guys from industry. (their courses are so oversubscribed that only the top 61 had an option. The course had a limit of 60 for this year, so just one guy chucked it).

As far as marketing placements, so far batch profiles at IIMK have been heavily loaded with work-ex, meaning that many marketing recruiters atleast for FMCG, have shied away. Major marketing recruiters prefer freshers who they can train and mould to fit to their needs. However even then, we have had some good recruiters such as Asian Paints, Marico, Henkel Spic, among others coming here. A clearer picture would emerge only with the coming years placements with a more mixed profile for our batch. Initial contacts have been promising is all I can say on this count.

As for ravi, he hasn't bagged a job yet - he is a first year like me . But he will be visiting Wipro for his summers.


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Re: IIMK Report on Placements for the batch of 2004 - 16-03-2004, 04:24 PM

thx cold for the quick reply...did clear things ...marktg salary..hmmm

as to determinin ur batch ,guess me need a lot of brushin up of counting for cat.... 2005 batch,hence startd in 2003,hence cannot be placed in 2004...

guess wot u meant by a mix of batch is a higher % of freshers...serves me :wink:

n all the best with summers
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Re: IIMK Report on Placements for the batch of 2004 - 16-03-2004, 05:37 PM

These posts help us get a clear picture. I thank Cold fusion and Ravi for their time and effort in this place.

But it could be more helpful if you guys throw more light on lateral placements pouring in details like companies who offered lateral positions, salary range & the job profile for such positions.

Thanks again!
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Re: IIMK Report on Placements for the batch of 2004 - 16-03-2004, 06:24 PM

Hi siva,

Laterals were mostly from IT firms, but not necessarily restricted 2 people with IT backgrounds. Highest pay was offered by CSC (10.4 Lakhs) 4 a guy with 5 years wrkex in IT, 3 yrs of this being onsite. CSC had a funy system - 5.4 Lakhs plus 1 L 4 each yr of wrkex !

TCS and Infy offered arnd 7 L 4 guys from manufacturing or Ops backgrounds 2 go in as consultants. RPG came over 4 laterals, but made no offers other than a PPO they had already made. Polaris, Wipro and Infy offered around 5.5-6.5 Lakh 4 guys with 1-3 years wrkex. Covansys offered 5-6.5 lakh for guys with 2-3 years wrkex in IT.

That is all i can remember. Coldfusion and Atrangi - c if u guys can add 2 this, will ya !

Ravi


"Plain hard work is not the source to plenty. The poorer people are, the plainer and harder they work. The better off play golf !"
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16-03-2004, 06:29 PM

Hey Ravi,

Thats a jet fast response! Got sufficient info!
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16-03-2004, 11:10 PM

what was the pay like for freshers??


i am as confused as a baby in a topless bar..
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Re: IIMK Report on Placements for the batch of 2004 - 17-03-2004, 01:20 AM

Hi abhilash,

there were just a handful of freshers in our senior batch. And as far as i know, the offers were around 4.5-5.5 L. Don't think any freshers landed anything outside that band.

Ravi


"Plain hard work is not the source to plenty. The poorer people are, the plainer and harder they work. The better off play golf !"
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