IIM Kozhikode recorded 100 per cent placement despite the ongoing economic slowdown due to the novel COVID-19 spread.
IIM Kozhikode Placements: Despite the economic slowdown caused by the COVID-19 outbreak, the Indian Institute of Management (IIM) Kozhikode has achieved 100 per cent placement. All the 459 students of the outgoing batch received maximum job offers from the consulting firms.
The mean salary this placement season stood at Rs.22.5 lakh per annum while the median salary stood at Rs. 20 lakh per annum. This year, the salary levels were recorded slightly lower than that of 2020, when the B-school had recorded the mean salary of Rs 23.8 lakh per annum and a median salary of Rs 20.8 lakh per annum.
As per the official data released by IIM Kozhikode, the top 50 per cent of the students, have bagged an average CTC of Rs 28.9 lakh per annum, an increase of 8.1 per cent from last year. The premier institute further said that 32.7 per cent of the offers were rolled out by the consulting firms, which has also increased by 12.5 per cent as compared to last year.
Some of the long-term collaborative recruiters in this domain that participated this time in IIM Kozhikode placements 2021 are Accenture Strategy, Bain & Co., BCG, Blue Yonder, Cognizant Business Consulting, Deloitte, EY, Infosys Consulting, PwC, etc, the B-School said.
Similarly, 21.5 per cent of the offers were made by the financial sector firms and firms like Axis Bank, Bank of America, Citi Bank, Deutsche Bank, Equirus Capital, Goldman Sachs, J.P.Morgan Chase & Co. being among the lead recruiters. Sales & Marketing jobs were around 15.25 per cent of the total offers made with firms like Asian Paints, Bajaj Auto, Everest Industries, GSK, HUL Ltd, ITC Ltd, Lenovo, Nestle and Samsung were among the prominent recruiters this time.
“This is a testimony to the resilience and competence of our students, alumni, faculty and administration. 2020-21 will go down as a year of true achievement in the 25 years history of IIM Kozhikode," said Debashis Chatterjee, Director, IIM Kozhikode.
Owing to COVID-19, the final campus placement at IIM Kozhikode this year was conducted virtually. Other IIMs are expected to start their final placement in March and are expected to be conducted online too considering the COVID-19 safety requirements.
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