IIM Kozhikode announced the successful completion of summer placements for its thirteenth batch (2009-11). The summer placements season witnessed participation by over 120 firms as opposed to 102 firms in 2008. Organizations such as Arthur D Little, KPMG, Hewitt, J P Morgan Chase, Citigroup, HSBC, Standard Chartered Bank, Deutsche Bank, HUL, Pepsico, Colgate Palmolive participated in the placements. The highest stipend offered this year was over Rs. 1,00,000 inclusive of perks and allowances. Last year too, the highest stipend of Rs 1 lakh was offered by Coca Cola.

IIM Ahmedabad concluded the summer internship placement process for the class of 2009-11 by placing 310 participating students in a record 4 days. At 44%, Finance roles were the single largest preference of students, featuring the return of the big names in investment banking and private equity and an increase in the number of offers [...]