Final Placements 2007 **** IIM Kozhikodes Class of 2007 concluded its final placements by setting the benchmark for B-school placements this year. In the tenth year since its inception, the Institute has consistently delivered on its mandat…
Final Placements 2007
IIM Kozhikodes Class of 2007 concluded its final placements by setting the benchmark for B-school placements this year. In the tenth year since its inception, the Institute has consistently delivered on its mandate by producing managers who will enter the market with strong domain knowledge, and a keen awareness of the socio-economic context that industry operates within.
A total of 431 offers were made by 88 participating companies to 155 students of the Class of 2007. While the average domestic salary jumped 30.38% to reach Rs 11.76 lac pa, up from Rs 9.02 lac last year, the median salary pegged at Rs 10.93 lac, indicated that remuneration packages this year were closely clustered around the mean. Roles across a variety of geographies were on offer as 21 students bagged international offers based out of the US, Europe, Middle East and countries in the Asia-Pacific Region. Some of the recruiters that recruited for international roles this year included Olam International, Infosys Technologies, Wipro Technologies, Patni Computers, Cognizant and RPG Group.
The highest domestic pay stood at Rs 22 lac per annum, a jump of 32% over last years figure of Rs 16.67 lac. International salaries this year touched USD 110,000, with the average pegged at USD 85,000. 75% of the batch landed salaries more than Rs 10 lac, while no less than 33 students secured offers in excess of Rs 15 lac. That said, however, there was a distinct shift in preference towards more challenging roles as close to 20% of the batch gave up a better paying job for a role of their choice. One of the students decided to go solo, entering into an entrepreneurial venture of marketing and distribution of High-Technology products.
34 new companies were added to its impressive list of recruiters ensuring that the Class of 2007 signed out with offers of their choice. New recruiters added to IIMK's increasingly impressive roster included McKinsey & Co, KPMG, Accenture Business Consulting, Bank of America, JP Morgan Chase, Barclays Capital, HSBC, Goldman Sachs, Yes Bank, Stern Stewart & Co, Google, Yahoo!, Colgate-Palmolive and Cadbury amongst others. Meanwhile, IIMK strengthened its existing relationship with recruiters from diverse businesses at Final Placements 2007. Some of the premier companies that participated this year included Citigroup, Lehman Brothers, Standard Chartered Bank, PricewaterhouseCoopers, Deloitte, Olam International, Infosys Technologies, Cognizant, Bristlecone Consulting, CHAINalytics, Asian Paints, Marico and ITC.
McKinsey & Co initiated its relationship with IIMK this year. Dr. Jaidev Rajpals breadth of experience as a medical professional and civil servant secured him a higher designation than that offered by McKinsey & Co at other campuses. A definitive shift towards careers in Consulting was evident as well, with over 25% of the batch opting for jobs in that area. Financial software services heavyweight Bloomberg, New York participated in the recruitment process at IIMK for the first time this year, as one-third of the batch chose careers in the financial and banking sectors, signifying IIMKs emergence as a chosen destination for top talent in the domain.
Global corporations like Citifinancial demonstrated immense faith in the quality of talent available at IIMK by recruiting three students for the post of Assistant Vice President - the highest number of offers across campuses for this role. Cognizant (15 offers), JP Morgan Chase (13 offers), Deloitte (9 offers) and Accenture Business Consulting (5 offers) were the biggest recruiters on campus this year.
The sheer diversity of roles offered by companies this year befitted the profile and distinct interest of the batch. Profiles ranged from investment banking, risk management, brand management, product management, business development, business consulting and engagement management to emerging profiles like carbon-credit trading, retail management, social venture capital and technology innovation.
Prof. Kulbhushan Balooni, Chairperson-Placements, IIMK stated, "The spectacular success of Placements 2007 is by no means a culmination of the breathtaking pace of growth that IIMK has set over the past decade. Rather, it reflects the evolution of an institution that has grown by leaps and bounds to cement its place amongst the best business schools in the country."
Driven by its motto to Dream, Innovate and Achieve, IIMK is well poised to take on the next decade in its journey to the pinnacle of excellence.
IIM Kozhikodes Class of 2007 concluded its final placements by setting the benchmark for B-school placements this year. In the tenth year since its inception, the Institute has consistently delivered on its mandate by producing managers who will enter the market with strong domain knowledge, and a keen awareness of the socio-economic context that industry operates within.
A total of 431 offers were made by 88 participating companies to 155 students of the Class of 2007. While the average domestic salary jumped 30.38% to reach Rs 11.76 lac pa, up from Rs 9.02 lac last year, the median salary pegged at Rs 10.93 lac, indicated that remuneration packages this year were closely clustered around the mean. Roles across a variety of geographies were on offer as 21 students bagged international offers based out of the US, Europe, Middle East and countries in the Asia-Pacific Region. Some of the recruiters that recruited for international roles this year included Olam International, Infosys Technologies, Wipro Technologies, Patni Computers, Cognizant and RPG Group.
The highest domestic pay stood at Rs 22 lac per annum, a jump of 32% over last years figure of Rs 16.67 lac. International salaries this year touched USD 110,000, with the average pegged at USD 85,000. 75% of the batch landed salaries more than Rs 10 lac, while no less than 33 students secured offers in excess of Rs 15 lac. That said, however, there was a distinct shift in preference towards more challenging roles as close to 20% of the batch gave up a better paying job for a role of their choice. One of the students decided to go solo, entering into an entrepreneurial venture of marketing and distribution of High-Technology products.
34 new companies were added to its impressive list of recruiters ensuring that the Class of 2007 signed out with offers of their choice. New recruiters added to IIMK's increasingly impressive roster included McKinsey & Co, KPMG, Accenture Business Consulting, Bank of America, JP Morgan Chase, Barclays Capital, HSBC, Goldman Sachs, Yes Bank, Stern Stewart & Co, Google, Yahoo!, Colgate-Palmolive and Cadbury amongst others. Meanwhile, IIMK strengthened its existing relationship with recruiters from diverse businesses at Final Placements 2007. Some of the premier companies that participated this year included Citigroup, Lehman Brothers, Standard Chartered Bank, PricewaterhouseCoopers, Deloitte, Olam International, Infosys Technologies, Cognizant, Bristlecone Consulting, CHAINalytics, Asian Paints, Marico and ITC.
McKinsey & Co initiated its relationship with IIMK this year. Dr. Jaidev Rajpals breadth of experience as a medical professional and civil servant secured him a higher designation than that offered by McKinsey & Co at other campuses. A definitive shift towards careers in Consulting was evident as well, with over 25% of the batch opting for jobs in that area. Financial software services heavyweight Bloomberg, New York participated in the recruitment process at IIMK for the first time this year, as one-third of the batch chose careers in the financial and banking sectors, signifying IIMKs emergence as a chosen destination for top talent in the domain.
Global corporations like Citifinancial demonstrated immense faith in the quality of talent available at IIMK by recruiting three students for the post of Assistant Vice President - the highest number of offers across campuses for this role. Cognizant (15 offers), JP Morgan Chase (13 offers), Deloitte (9 offers) and Accenture Business Consulting (5 offers) were the biggest recruiters on campus this year.
The sheer diversity of roles offered by companies this year befitted the profile and distinct interest of the batch. Profiles ranged from investment banking, risk management, brand management, product management, business development, business consulting and engagement management to emerging profiles like carbon-credit trading, retail management, social venture capital and technology innovation.
Prof. Kulbhushan Balooni, Chairperson-Placements, IIMK stated, "The spectacular success of Placements 2007 is by no means a culmination of the breathtaking pace of growth that IIMK has set over the past decade. Rather, it reflects the evolution of an institution that has grown by leaps and bounds to cement its place amongst the best business schools in the country."
Driven by its motto to Dream, Innovate and Achieve, IIMK is well poised to take on the next decade in its journey to the pinnacle of excellence.
Media reports on IIMK Final Placements 2007
http://www1.economictimes.indiatimes.com/Chandigarh/Corporate/IIM_Kozhikode_wraps_up_final_placements_with_a_bang_/articleshow/msid-1717850,curpg-1.cms
http://www.ibnlive.com/news/india/03_2007/salaries-zoom-for-iimk-grads-as-placements-kick-off-35239.html
http://inhome.rediff.com/money/2007/mar/05iim.htm
http://www.newindpress.com/NewsItems.asp?ID=IER20070304003900&Page;=R&Title;=Kerala&Topic;=0
http://www.business-standard.com/common/storypage_c_online.php?leftnm=11&bKeyFlag;=IN&autono;=21054
http://www.hindu.com/2007/03/05/stories/2007030502110500.htm
http://www.coolavenues.com/placements/2007/iimk-f-07a.php
http://indiainfoline.com/content/bschool/Students_Corner/2007/03/03032007/IIMK_FinalPlacements07_PressRelease.pdf
http://www.thestatesman.net/page.news.php?clid=2&theme;=&usrsess;=1&id;=148860
Coverage in Khaleej Times Dubai
http://www.khaleejtimes.com/DisplayArticleNew.asp?xfile=data/subcontinent/2007/March/subcontinent_March210.xml§ion;=subcontinent&col;=
http://www1.economictimes.indiatimes.com/Chandigarh/Corporate/IIM_Kozhikode_wraps_up_final_placements_with_a_bang_/articleshow/msid-1717850,curpg-1.cms
http://www.ibnlive.com/news/india/03_2007/salaries-zoom-for-iimk-grads-as-placements-kick-off-35239.html
http://inhome.rediff.com/money/2007/mar/05iim.htm
http://www.newindpress.com/NewsItems.asp?ID=IER20070304003900&Page;=R&Title;=Kerala&Topic;=0
http://www.business-standard.com/common/storypage_c_online.php?leftnm=11&bKeyFlag;=IN&autono;=21054
http://www.hindu.com/2007/03/05/stories/2007030502110500.htm
http://www.coolavenues.com/placements/2007/iimk-f-07a.php
http://indiainfoline.com/content/bschool/Students_Corner/2007/03/03032007/IIMK_FinalPlacements07_PressRelease.pdf
http://www.thestatesman.net/page.news.php?clid=2&theme;=&usrsess;=1&id;=148860
Coverage in Khaleej Times Dubai
http://www.khaleejtimes.com/DisplayArticleNew.asp?xfile=data/subcontinent/2007/March/subcontinent_March210.xml§ion;=subcontinent&col;=
Could someone please throw some light on the background of the guys/gals offered the AVP profile by Citifinancial?
Congrats to all!
Could someone please throw some light on the background of the guys/gals offered the AVP profile by Citifinancial?
Congrats to all!
As is evident these were lateral offers and the folks had work ex in the 2-3 yrs range, in different sectors though (sales, IT). CitiFin made 2 AVP offers for the sales and marketing function and one for credit risk and analytics.
Perhaps the common factor was that they had a CV that was very balanced in terms of both academics and extra-curriculars (debates, public speaking, student committees, competitions etc). They however werent the class toppers which goes to show that academics isn't everything that recruiters look for.
All in all from what I have personally witnessed, making cross-functional shifts (IT work ex folks u can breathe easy) was a piece of cake provided participants had the ability to convince the people sitting on the other side of the table 😉
Sab Bakwaas hai :wink:
K
Sab Bakwaas hai :wink:
K
Knew it that some desi soul would point that out
Thou shalt not quote my sig
Congrats to Students at IIMK for the Brilliant Placements?...Btw The decision of others IIMs to not release salaries...is it not a joint one...or is IIMK not party to it?...
Anyone from PG placed? and yeah what's with the whole salary non disclosure nonsense. As long as you don't have any student-company, company-salary, student-salary correlation no one will have issues. Nice to see some numbers here. IIMK's global march eh orca?
Updated Placement Report -
IIMK - Placements 2007
Do check it out :)
hi shrikanth,
thanks for the link
Fantastic placements
Updated Placement Report -
IIMK - Placements 2007
Do check it out :)
What is the average work ex considered for laterals??
coolstar SaysWhat is the average work ex considered for laterals??
Depends on the company.
Most companies insist on 18-24 months. Take that as the average