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The Indian Institute of Management, Kozhikode saw a total of 88 firms taking part in the placement process this year. These firms made 228 offers to a batch of 185 students (the largest batch till date).
Students bagged a total of 23 international offers this year. The highest international offer was $120,000. Offers were made from firms in North America, Europe, South East Asia and other emerging markets.
The highest domestic offer stood at Rs 24 lakhs (Rs 2.4 million) made by an investment bank based out of Mumbai. Though this is a decrease from what was achieved last year, the institute managed to minimise the impact on both the average salary and the median package. Despite the global economic slowdown, IIMK students ended the placements with an average annual salary of Rs 10,56,000.
"The final placement process was largely successful due to our early planning and action to get the top recruiters on board as well as target new sectors both in India and abroad," said Purani, placements chairperson.
Offers were made by Deutsche Bank, Citibank, HSBC, Standard Chartered, American Express, Yes Bank, Axis Bank, Sebi, among others. Finance still remained the preferred destination for most of the students with as many as 37 per cent final acceptances.
In marketing and business development, students took up jobs in Coke, Pepsi, ITC, Reckitt Benckiser, Pfizer, JnJ Medical, Marico, Sony Entertainment, Britannia, Asian Paints, VIP, Titan, Idea Cellular and Godrej. The percentage of final acceptances in this segment stood at 28 per cent.
Other important recruiters included Deloitte, PWC, Maersk, Infosys, and Dr Reddy's. Manipal Group, Tolaram Group and Essar were also on campus.
Public sector units such as IOCL, Sidbi, Bank of Baroda, HAL, SAIL, also recruited, some of them for the first time, apart from participation of some NGOs.
