IIM Kozhikode Summer Placement 2020: Top stipend for two-month internship offered at Rs 3.2 lakh

Despite the ongoing pandemic situation, IIM Kozhikode winded up its summer placement process successfully with firms from consulting, sales and marketing lead the way in terms of offers.

IIM Kozhikode Summer Placement 2020: Indian Institute of Management (IIM) Kozhikode successfully concluded its summer placements process for the 24th batch of its flagship post-graduate program (PGP) as well as inaugural batches of PGP Liberal Studies and Management and PGP Finance by the third day of the recruitment week. According to the reports, despite the ongoing pandemic situation, the premier management institute winded up its summer placement process successfully with firms from consulting, sales and marketing lead the way in terms of offers.

The official data released by IIM Kozhikode revealed that the process attracted participation from overall 144 recruiters extending internship offers to 541 students, one of the largest batches at the IIM. The list of top recruiter includes leading industry names such as Accenture Strategy, Amazon, Asian Paints, Boston Consulting Group, Citibank, Deloitte USI, Flipkart, Goldman Sachs, JP Morgan Chase, Microsoft, PwC and TAS that extended an aggregate of 146 offers to around 27 per cent of the batch. Sales and marketing contributed to 26 per cent of offers with participation from firms such as Asian Paints, Bajaj Auto, Colgate Palmolive, HUL, ITC, Pidilite, Reckitt Benckiser, Samsung and Vodafone Idea among others.

The placement process conducted virtually saw participation from front-end investment banking and private equity/venture capitalists, as well as e-commerce companies. Offers in these domains doubled year-on-year during Summer Placements 2020 as compared to the previous season. IIM Kozhikode saw the highest internship stipend for two months being offered at Rs 3.2 lakh this season with the average stipend standing at Rs 1.88 lakh and a median of Rs 2 lakh, with the top 50 per cent of students securing an average stipend of Rs 2.6 lakh. Further, more than 18 per cent of the student cohorts were offered internships in the consulting domain such as Accenture Strategy, Boston Consulting Group, Deloitte India, Deloitte USI, GEP, PwC and others among its prominent recruiters.

For students in the IT and Analytics domain offers got poured in from a mix of Technology giants such as American Express, Amazon, Google, Microsoft, MX Player, Walmart Labs and in-house divisions of companies like Asian Paints and HUL. 

Meanwhile, the Operations domain witnessed participation from our long-standing recruitment partners including Amazon, Asian Paints, Blackbuck, Flipkart, Uber, and other firms alongside new recruiters such as Bounce. Major Conglomerates and business houses including AbInBev, Capgemini, Coca Cola, Mahindra, RPG Group and TAS offered Leadership Development and General Management roles to 13 per cent of the students.

Talking about the successful conclusion of IIM Kozhikode placements 2020, director Debashis Chatterjee said, "The active involvement and commitment of our students and faculty contributed in receiving appreciation for a seamless transition to the new normal by our recruitment partners."

Read More:

• IIM Kozhikode Courses & Fees 2021
• IIM Kozhikode Admission 2021