[jaspreetc]

IIM Kozhikode – Final Placements 2005

IIM Kozhikode has enjoyed a stellar placement season with a significant rise in international, consulting and finance offers over previous years. With an increased batch strength of 120 (60 in previous years), the Class of 2005 had the cream of the corporate world participating in Placements 2005, including first-time recruiters like Capital One (recruiting for positions in the USA), Deloitte Consulting, JP Morgan Chase, Cap Gemini and ITC. They were joined by regular recruiters including the likes of Citigroup, Accenture, GE, IBM, Asian Paints, HP, Kotak, Godrej and the Aditya Birla Group who returned to campus to draw from the IIMK talent pool.



IIM Kozhikode goes international



“We look forward to building a strong relationship with IIMK. We have enjoyed interacting with students from IIMK.” – Capital One



The highlight of Placements 2005 was the debut of foreign recruiter Capital One, putting IIMK firmly on the international recruiter map. The US financial services giant made an offer of $85,000 (Rs.37 lakhs) to Gaurav Agarwal, who will be joining the firm in the USA, as a Senior Business Analyst in October.



The highest Indian salary came from the consulting sector – an offer of Rs. 10.15 lakhs from Deloitte Consulting.

The average Indian salary was Rs. 7.3 lakhs, (a 15% increase over last year) and with 194 job offers for 120 students, students had an excellent choice of top jobs across sectors, with a number of companies having to go empty-handed as there were no available students.

The largest recruiter at Placements 2005 was IBM, which made 17 offers for roles in business consulting, SAP consulting, sales and marketing and human resources.



Key statistics – IIMK Final Placements 2005



No of participating companies -71

No of offers made - 194

No. of students - 120

No of offers per student - 1.62

Highest foreign offer - $85,000 (Capital One) *
* - Cash component. Does not include benefits, PF, etc.

Highest offer - Rs. 10.15 lakhs (Deloitte Consulting)

Average foreign offer - $85,000

Average of 119 accepted Indian offers - Rs. 7.3 lakhs

Average of 120 offers (including foreign offer) - Rs. 7.55 lakhs

No of PPOs/PPIs - 16 PPOs/8 PPIs


Banking and financial services: (31% of the batch) - The sector of choice for the majority of graduating students, there was a dazzling breadth of firms and job roles to choose from in the finance arena. The most coveted positions were with Capital One, which was offering Senior Business Analyst positions in the USA. In the investment banking space, a slew of first-timers including JP Morgan Chase and SBI Capital Markets and equity research firms Irevna and Adventity made a large number of offers. Financial services giants Citigroup and GE Money continued to be strong draws. Kotak offered attractive roles in private banking and in portfolio management. An array of banking roles – treasury, corporate banking, risk, credit and retail banking – were on offer from SBI, UTI Bank, HDFC Bank and IDBI Bank. There were also offers in bond trading (STCI), project/structured finance (Power Finance Corporation), corporate finance (L&T) and insurance (Birla Sun Life (Aditya Birla Group)).

Consulting: (13% of the batch) – Some of the biggest names in the consulting space, including Deloitte Consulting, IBM Business Consulting, Accenture, Cap Gemini and Bristlecone descended on the IIMK campus to hire some of India’s brightest young management talent. The participation of consulting biggies like PriceWaterhouseCoopers and Ernst & Young at summers this year is also an encouraging development for next year’s consulting scenario at IIMK.


Marketing/FMCG: (15% of the batch) – There was a considerable increase in the number of FMCG/marketing offers on campus with FMCG giants ITC and Godrej making a large number of offers. Students had a range of sales and marketing roles to choose from, in India’s leading FMCG/Marketing firms – Asian Paints, Perfetti Van Melle, Madura Coats, Bharti Televentures, Titan, Wipro Consumer Care and Cavinkare. Pharma major Wockhardt offered roles in their International Marketing Division.

General Management, Automotive and others: (6% of the batch) – Automotive sector majors Tata Motors, Maruti and Mahindra & Mahindra offered roles in marketing and general management. The Aditya Birla Group, GMR group, L&T, BPCL, Career Launcher and Genebridge provided opportunities in marketing and general management.

IT: (30% of the batch) – IT/systems has traditionally been IIMK’s strength over the years, and IIMK continued to attract the leading IT firms with an enviable variety of IT roles – ranging from business analyst and sales positions to business development and project management roles. The majority of the IT firms offered roles to both freshers as well as lucrative lateral offers to students with prior work experience. IBM, HP, Computer Sciences Corporation (CSC) and Covansys joined Indian giants like TCS, Infosys and Wipro, Mahindra British Telecom, HCL Technologies, Patni, Ramco Systems and Polaris in competing for talent at IIMK.

ITES: (3% of the batch) - The recruiters in this space included some of the biggest names in the BPO sector – Gecis, WNS Global Services with roles in quality/Six Sigma, transition, human resources, operations and business development.

The Class of 2005 – A diverse, world-class group of achievers.

With an average of 13 months of prior work experience, the Class of 2005 comes from diverse academic, professional and cultural backgrounds including engineers, commerce and economics graduates, chartered accountants, a former Navy submarine Commander, a fashion designer and an architect. Following the trend, there are a number of software engineers and also people with prior work experience in a spectrum of organizations ranging from AT Kearney and PwC to Deloitte (Dubai) and the World Bank. A number of students also have significant international exposure through prior work experience abroad, summer internships abroad (Singapore) or through IIMK’s foreign exchange program (France & Germany), which commenced last year.

In a glowing testament to their caliber and superlative performance during their summer internships, around 20% of the batch received Pre-Placement-Offers (PPOs)/Pre-Placement-Interview (PPI) offers from leading recruiters. 16 students garnered PPOs from top firms including Asian Paints, GE Money, Gecis, Godrej, Wipro Technologies, SBI, Patni, L&T, etc while 8 students received PPI offers from ITC, Britannia and Wipro Consumer Care. Best Project Awards at Wipro, Patni and SBI were won by summer interns from IIMK.


Recruiter feedback across the board was excellent with glowing tributes to the student quality at IIMK, the exceptionally well-managed placement process as well as firm commitments to building long relationships with IIMK. In the words of Deloitte Consulting – “We enjoyed the hospitality and methodic placement process at IIMK. We had the opportunity to meet some top talent at IIMK and offer them a career with Deloitte – where the best choose to be”

Note: For all placement-related queries please contact placements@iimk.ac.in

[sandipan_1979]

Adding to what JC has reported, i would like to mention that the salaries shown DO NOT include training costs, travelling costs 2 years hance and any other conceivable allowance....we donot believe in such stuffs...so what you are seeing is the average of plain vanilla gross salaries as offered by the companies..

Also...CapOne made the highest offer in IIMK amongst the 3 campuses they visited this year...the 3 campuses being IIMA, IIMB and IIMK.....

IIMK has arrived at the international arena within just 8 years and we are very sure the journey from here on can only be skyward...

Cheers
Sandy

[_nil_]

1) Capital One Offer IIM Kozhikode Final Placements 2005 - IIMK goes international !!!

2) Foreign Exchange Programs for Students ( http://www.iimk.ac.in/escp.htm and there's Jonopkins as well )

3) Foreign Exchange Program for Faculties (http://www.iimk.ac.in/inteduex.htm)

ek sawaal, teen jawaab
sawaal ek, jawaab teen,
sawal jawaab, sawal jawaab
laaaaaaambi khamoshi ...........


cheers
Nil.

[Oxymoron]

hey congrats guys that seems to be a great placement...and I am saying unabashedly that I will be cut/copy pasting the same thing in all such placement related threads because of the simple fact that everyone knows everyone eventually gets placed....what's the big deal ? :huh: The one thing which makes this forum unique is it's ability to call a spade a spade...so how abt saying something which we cannot get from the newspapers or other sites? would it be too much to ask for little more details regarding the offers and what was the profile of people who got it? That IMNSHO would be more exhaustive and frankly more informative. If you could enumerate the proceudre also it owuld be even great. Atleast ppl of different streams getting into IIM K <or any other stream> would know what they are getting into atleast when it comes to placements....the thing is the article is way too general and hardly informative for someone looking for specifics. Frankly change the institute name and change certain numbers here and there <which may or may not reflect the real scenario :P> and u have a prototype of placement report. Hardly objective..but then guess am expecting too much ....
Girish...!

[poltergeist]

awesome placements IIM K...kudos to the placements team...

errr...cudn't help noticing the big lettering...

Also...CapOne made the highest offer in IIMK amongst the 3 campuses they visited this year...the 3 campuses being IIMA, IIMB and IIMK.....

wud luv to know what was so special abt the profile of the selected candidate that made them offer him more than that at the other campuses..lateral offer?

Good write up on the placements scene... Congrats again..

[sandipan_1979]

Originally Posted by poltergeist

wud luv to know what was so special abt the profile of the selected candidate that made them offer him more than that at the other campuses..lateral offer?

Good write up on the placements scene... Congrats again..

hey thnks maan.....
ya u guesed right...he had 2 yrs experience..thnk CapOne counted that....but it wasnt part of laterals but final placements...[]

Cheers
Sandy

[pagalguy]

Originally Posted by jaspreetc

Highest foreign offer - $85,000 (Capital One) *
* - Cash component. Does not include benefits, PF, etc.

Average foreign offer - $85,000

Wait.. highest foreign offer = Average foreign offer? Thats true under only 1 circumstance . i.e only 1 guy was placed abroad. Or have I missed out on the art of reading placement reports ?

[Oxymoron]

Originally Posted by pagalguy"

Wait.. highest foreign offer = Average foreign offer? Thats true under only 1 circumstance . i.e only 1 guy was placed abroad. Or have I missed out on the art of reading placement reports ?

or 'n' ppl getting the same salary 85000$

[_nil_]

Originally Posted by Oxymoron

hey congrats guys that seems to be a great placement...and I am saying unabashedly that I will be cut/copy pasting the same thing in all such placement related threads because of the simple fact that everyone knows everyone eventually gets placed....what's the big deal ? :huh: The one thing which makes this forum unique is it's ability to call a spade a spade...so how abt saying something which we cannot get from the newspapers or other sites? would it be too much to ask for little more details regarding the offers and what was the profile of people who got it? That IMNSHO would be more exhaustive and frankly more informative. If you could enumerate the proceudre also it owuld be even great. Atleast ppl of different streams getting into IIM K <or any other stream> would know what they are getting into atleast when it comes to placements....the thing is the article is way too general and hardly informative for someone looking for specifics. Frankly change the institute name and change certain numbers here and there <which may or may not reflect the real scenario :P> and u have a prototype of placement report. Hardly objective..but then guess am expecting too much ....
Girish...!

Hi Girish

Thanks for your comments. But I am really not sure what kinda information you are looking into, I shall endevour to provide information as best I can.

As regards the Class of 2005, their profile is publicly available at http://intranet.iimk.ac.in/pgp03A-1.htm. You should definately check out the profile there.

And some characteristic that I must point here, is that IIMK tranditionally selects a very diverse, multi-faceted batch. The passing out batch has fair share of people with no work experience, people with middle-to-low work-experience and quite a few having high work-experience.

And this placements 2005, we have seen an amazing rise in offers being made in Finance roles, rather across all streams. IT had been our forte, but Finance offers have almost caught up with it. And with the kind of feedback that we have received from the companies that came, we are really proud of our institute. It all, has created a very positive impression on the current 1st year-ites, and the reality is, many of them are looking at a career switch. I truly believe it has been an excellent placement year for us.

IIMK is growing, and has achieved much in just 7 years since its inception, and we are very positive about the future.

* As regards your comments on report, I am really not sure if you have really documented anything (??), am really sorry to say that. If you are working for a company, it will have its prototype and you will fill in the gyan. So what I am essentially saying is that every document type has a format, its the content that matters, wont you agree to that??

cheers
- Nil.

[sandipan_1979]

Originally Posted by Oxymoron

hey congrats guys that seems to be a great placement...and I am saying unabashedly that I will be cut/copy pasting the same thing in all such placement related threads because of the simple fact that everyone knows everyone eventually gets placed....what's the big deal ? :huh: The one thing which makes this forum unique is it's ability to call a spade a spade...so how abt saying something which we cannot get from the newspapers or other sites? would it be too much to ask for little more details regarding the offers and what was the profile of people who got it? That IMNSHO would be more exhaustive and frankly more informative. If you could enumerate the proceudre also it owuld be even great. Atleast ppl of different streams getting into IIM K <or any other stream> would know what they are getting into atleast when it comes to placements....the thing is the article is way too general and hardly informative for someone looking for specifics. Frankly change the institute name and change certain numbers here and there <which may or may not reflect the real scenario :P> and u have a prototype of placement report. Hardly objective..but then guess am expecting too much ....
Girish...!

hey girish...thanks for your insights yaar....actually to write about each job profile or process followed for each company would be very cumbersome....and this was the official report as released by our placements commitee...
i would definitely answer in specific query you have if i can or would direct you to the relevant person......and i reiterate...one stark contrast u can see is in the average salary figures...when the norm of the day is 8+ per annum by every other institute, we stuck to our own ways...even for CapOne we stuck to the cash component only...else we cud have said the ctc with all benefits is $130000...and i bet it wud look all the more impressive then...
on a lighter note....the entire world is going by Cut and Paste..think IT has made us too lazy..

Cheers
Sandy