IIM Kozhikode Placement Highlights 2023
The IIM Kozhikode placement season of 2022-23 has brought remarkable success for it PGP BL students. The institute achieved a 100% placement rate for its PGP BL programme. The average annual salary for the placements at IIMK in 2023 stands at Rs 29. 23 lakhs, with the median salary at Rs 25 lakhs. A total of 66 offers were extended by 52 diverse recruiters. Notably, the IT / ITES sector took the lead in contributing to IIM Kozhikode’s placements, making a substantial number of offers this year. Furthermore, several new recruiters, such as Aditya Birla Group, MakeMyTrip, and Mercedes Benz, selected talent from IIMK for the first time.
Established in 1996 through a collaboration between the Government of India and the State Government of Kerala, the Indian Institute of Management Kozhikode (IIMK) is situated on an expansive 112.5-acre campus in Kerala. In the 2023 National Institutional Ranking Framework (NIRF), IIM Kozhikode proudly claims the third position in the ‘Management’ category. Moreover, IIMK holds prestigious accreditations from both the Association of AMBA and EQUIS.
Prof. Debashis Chatterjee, Director IIM Kozhikode added “The success of the placement process speaks volumes of the competency of this unique one-year MBA. This diverse offering has time and again proved that IIM Kozhikode’s mission to nurture young professionals with experience into potential business leaders, is on a sound academic and industry footing. The diverse industry talent pool, support of IIMK’s strong alumni base, trust of the recruitment partners and the growing reputation of IIM Kozhikode, were factors that stood strong by us and supported the successful process.
IIM Kozhikode Placement Report 2022 – 23: Highlights
1. 100% Placement Achievement: IIM Kozhikode has successfully achieved 100% placements for its sizable graduating batch.
2. Improved Median Salary: The median salary has also improved, now standing at Rs. 25 LPA, compared to Rs. 25.50 LPA in the previous year.
3. IT Sector Offers Highest Salary: The IT sector made the highest salary offer (consulting 43.92) in the 2023 placements at IIMK, with an impressive Rs. 67.02 LPA.
4. Multiple Offers: A total of 66 job offers were extended by 58 different companies, reflecting a robust placement season.
5. Increased New Recruiters: The placement drive welcomed 36 new recruiters, including prestigious names such as Aditya Birla Group, MakeMyTrip, and Mercedes Benz, who were recruited from IIMK for the first time.
Consulting Sector Dominance: Consulting emerged as the largest recruiting sector, contributing to 48% of the total offers.
IIM Kozhikode Average Package 2022-23
The average package for the 2023 placements at IIM Kozhikode has seen an increase, rising to Rs. 29.23 LPA compared to Rs. 29.06 LPA in the previous year.
IIM Kozhikode Placement 2023: Top Recruiters
Top recruiters at IIM Kozhikode included Accenture, Bain & Company, Boston Consulting Group, Deloitte, Everest Group, Experian, EY, KPMG, PwC, RedSeer, and Synergy Consulting.
IIM Kozhikode 2021 Placement
Key Highlights from the 2021 PGP-BL Placement
|
Particulars |
Placement Value |
|
Participating Students |
58 |
|
Highest Salary (LPA) |
₹43.92 |
|
Average CTC (LPA) |
₹29.23 |
|
Median CTC (LPA) |
₹25 |
|
Average CTC of Female Participants (LPA) |
₹28 |
|
Total Recruiters |
₹50 |
|
Total Offers Made |
66, including 4 International Offers |
|
Placement Success Rate |
100% |
|
Key Roles Offered |
AVP, EA to CEO, Product Manager, Program Manager, Supply Chain Manager, Senior Consultant, Senior Manager |
IIM Kozhikode 2022-23 Placement Details You Might Have Missed
According to the Indian Institute of Management Kozhikode Placements Report for the year 2023, it is evident that top-performing students are commanding impressive salary packages. The mean salary for placements at IIMK in 2023 was reported at an impressive 29.23 LPA (Lakhs Per Annum). However, what truly stands out are the figures for the top percentile performers.. The highest salary package offered on campus was a staggering Rs 43.92 LPA, offered by a prominent IT sector company.
The report also delves into the sector-wise breakdown of placements at IIM Kozhikode for 2023, showcasing the diverse opportunities available to students:
- Consulting Sector: The consulting sector emerged as the most prominent recruiting sector, making up a significant portion of the placement drive. Consulting firms accounted for 48% of the total job offers extended at IIMK in 2023. This sector has always been highly sought after by MBA graduates, and this year was no exception. Well-established consulting firms like Accenture, Bain & Company, Boston Consulting Group, Deloitte, Everest Group, Experian, EY, KPMG, PwC, RedSeer, and Synergy Consulting were among the long-term collaborative recruiters that continued their association with the institute.
- General Management & Operations: General Management and Operations roles 15% also received substantial attention, with 115 offers from organisations. Prominent recruiters in these areas included Amazon, Capgemini, Flipkart, Rebel Foods, Reliance Group, Renew Power, and RPG Group. Notably, Aditya Birla Group, BLS International, and GMM Pfaudler ventured into recruiting from IIMK in these domains for the first time.
- New Recruiters: The IIM Kozhikode Placement 2023 report also highlighted the trust that new recruiters placed in IIMK. Leading companies such as Aditya Birla Group, Ambit Capital, BLS International, HPCL, Magic Bricks, MakeMyTrip, Mercedes Benz, Piramal Alternatives, and ZEE Entertainment were recruited from the institute for the first time.
IIM Kozhikode PGP BL Batch Profile 2022-23
Caption: The 2023 placement drive for the IIM K PGP BL programme featured active participation from 60 students. Notably, the batch showcased a wealth of experience with an average of 4.8 years, showcasing the diversity within the group, which comprised 72% male and 28% female candidates.
In the realm of educational backgrounds, a significant 24% of the batch came from esteemed institutions such as IIT, NIT, IISC, BITS, NIFT, CA, and CFA. This composition displays the programme’s ability to draw students from various fields, including business, commerce, and IT, contributing to a rich and multifaceted student body.
Placement Reviews by IIM K Alumni
Smriti Jain (1-year PGPBL) completed the one-year PGPBL programme at IIMK and considered it a life-changing experience. She highly recommends it for career advancement. The comprehensive curriculum and dedicated faculty provided valuable insights. Guest lectures and real-world case studies enriched her understanding of business and offered excellent networking opportunities. This programme was instrumental in her successful transition from operations to strategy consulting, making it a game-changer for her career.
Nishchay Sinha (1-Year PGPBL) feels privileged to have completed the one-year PGP Business Leadership programme from IIM Kozhikode. He found the programme to exceed his expectations, with a comprehensive curriculum and knowledgeable, supportive professors. The diverse student cohort, with experience in various cross-functional roles, added a unique perspective to the classroom discussions. As an entrepreneur, Sinha benefited greatly from the programme, refining his concepts and applying the learnings to his business. He also praised the beautiful campus and the opportunity to make lifelong connections. Sinha highly recommends this programme to those seeking professional growth and broader horizons.
Apporv Gupta’s(1-Year PGPBL) perspective on “Resolve” transformed during the PGP in Business Leadership programme. The commitment, intensity, and helpfulness of fellow students enriched his knowledge and character. Peer learning was a standout feature, offering diverse business perspectives. The programme, more than an MBA, fostered a supportive community that challenged and empowered participants, leading to personal growth through fantastic opportunities.
IIM Kozhikode Placements FAQs
Ques: What was the average salary offered during IIM Kozhikode Placement in 2023?
Answer: The average stipend during IIM Kozhikode Placement 2022 stood at 29.23 LPA (Lakhs Per Annum).
Ques: What was the highest salary package offered during IIM K Placement 2022, and which sector did it come from?
Answer: The highest salary package offered during IIM Kozhikode Placement 2022 was Rs 43.92 LPA, and it was offered by a company in the IT sector.
Ques: Which sector dominated the recruitment process at IIM Kozhikode in 2022?
Answer: The consulting sector emerged as the top recruiting sector, accounting for 33% of the total job offers during IIM Kozhikode Placement 2022.
Ques: Did the BFSI sector show significant growth in opportunities compared to the previous year at IIM Kozhikode?
Answer: Yes, the BFSI (Banking, Financial Services, and Insurance) sector witnessed substantial growth in opportunities during IIM Kozhikode Placement 2023. It accounted for 26% of the job offers, marking a remarkable 73% increase from the previous year.
Ques: Were there any new recruiters at IIM Kozhikode Placement 2023, and which notable companies hired from the institute for the first time?
Answer: Yes, several new recruiters extended job offers at IIM Kozhikode Placement 2023. Notable companies hiring from the institute for the first time included Aditya Birla Group, Ambit Capital, BLS International, HPCL, Magic Bricks, MakeMyTrip, Mercedes Benz, Piramal Alternatives, and ZEE Entertainment.
Also Read:
Top 10 Compelling Reasons to Enrol in the PGP-BL Programme at IIM Kozhikode
IIM Kozhikode Ranks #77 in Financial Times Masters in Management Ranking 2023
Join the IIM K PGP-BL network to connect with current students and alumni, gaining direct insights into admission procedures, tuition fees, eligibility requirements, and other essential information: [OFFICIAL] IIM- Kozhikode PGP-BL Batch Admissions 2023-24 | PGP-BL 05 Batch (Post Graduate Programme in Business Leadership]