Highlights of the Summer Placements at IIM Kozhikode for the Class of 2014 :
- Despite uncertain economic conditions, more than 150 companies recruited from IIM Kozhikode including a significant number of first time recruiters to hire 366 students.
- Sales & Marketing and Finance emerged as the most preferred verticals this year with more than 50% of the batch opting to pursue internship in these profiles.
- Stipends went up by 12% compared to last year
- Over 20 international offers spanning all domains
- This season also saw a remarkable increase in the number of companies and roles in the corporate strategy, consulting and operations vertical compared to previous years.
- In a first of its kind, a music band has picked up a summer intern from IIM Kozhikode (IIM-K) to handle its social media and marketing for a few months.
- A political party hired students from IIM Kozhikode to streamline its operations across the country for a few months.
- Niche verticals like sports management, public relations attracted students’ interests, with sports management firms and PR firms making their presence felt.
- Pharmaceuticals and medical devices, NGOs, media and advertising offered unique roles adding to the diversity.
The detailed report in the InsideIIM format is below
We would like to thank the placement committee of IIM Kozhikode for providing information in the InsideIIM.com format. We believe it will be of immense help to readers, aspirants and recruiters.
This is the fifth in a series of reports that InsideIIM.com will bring to you this season. We are committed in bringing you a complete picture. We will also ensure that no irresponsible reporting is done on this website. Attempt will be made to verify the data with the institution before any publishing is done. However, lack of response from the institution will not prevent us from providing insight to our readers. We must also put a disclaimer that despite our best efforts it is not always necessary that the data given to us is 100 % accurate.
Summer Placement Class of 2014:
For Summer Placement Reports of the Class of 2011-13 please click here
Results of the InsideIIM Recruitment Survey 2012
Perspectives - Career perspectives from those who have faced the battles and reached the top.
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Comments
ATDH
"in lieu of" means 'instead of' and not 'in view of'.
3 Dec 2012, 01.39 PM
IIM K guy
I find it hilarious when business schools write 50% 'opted' to intern in finance and marketing. Yeah right. One has to sign out as soon as one gets an offer. And rarely do you opt where you finally end up. Almost everyone applies to all good companies coming on campus. Rather than us opting it shows companies from which domain preferred recruiting from IIM K. Where was the option? But good show overall.
3 Dec 2012, 04.20 PM
Exposed
"Total no. of students signing out" - not reported . "Total no. of offers " - not reported That is very intentionally done so as to hide the real picture ... many students forced to sign out and many accepted zero stipends.
3 Dec 2012, 06.06 PM
+Read Replies (2)
ATDH
I don't think any one is here is to highlight the negatives. We are in a world where only the highest stipends, highest salaries, best companies are reported. No body talks about the bottom half of the batch. And this is true for all campuses including the top IIMs.
3 Dec 2012, 06.14 PM |
AGM
No one was forced to sign out.
3 Dec 2012, 07.54 PM |
ATDH
The number of women is only 96. I was expecting it to be more than 150.
3 Dec 2012, 06.11 PM
+Read Replies (1)
AGM
the no of girls in the batch is only 96.....
3 Dec 2012, 07.53 PM |
EyeOpener
why is P&G absent? and they have definitely inflated their international placements number. i dont see anyone except HUL and DB giving international offers which cant be more than 10 anyday.
3 Dec 2012, 08.37 PM
+Read Replies (1)
ATDH
This year hiring has been very modest. They say in adverse times you get to know your true friends. True. In such difficult times, B-schools get to know the recruiters' preference. Accenture consulting which last year recruited from several campuses, this time stuck to four campuses only. P & G also has offered its marketing profile to four-five campuses only. And we all know which are those campuses. Bad economic scenario, bad placements!
4 Dec 2012, 10.24 AM |
Honest_query
Don't see Macquarie Bank's name in the report. Last year, it took 2 students from IIM K. It was a good profile on offer. Which all campuses has it visited this year?
9 Dec 2012, 09.12 PM
+Read Replies (2)
Rohit
No rocket science there. They have not visited K again this year. In fact 2011 was the only year they ever did. Macquarie has visited IIM L for a different role in 2012.
10 Dec 2012, 12.47 AM |
FYI
In good times, MacQuarie visits ABC for front end investment banking roles. Last year they went to K for the first time. This year Mcquarie Infra fund has recruited from IIML and IIMC.
10 Dec 2012, 01.13 PM |
Ajinkya
Dear Team InsideIIM, I did not understand the logic behind average stipend for top 250 offers. I have a few doubts 1. What is the basis used for the specific no. 250? 2. Why do you use the same number for b-schools which do not even have 250 students like FMS, JBIMS or XLRI? Don't you think percentage of batch size would be a better and fair metric?
11 Dec 2012, 03.50 AM
+Read Replies (3)
Team InsideIIM
We are the team behind your favourite platform.
XL and FMS have 240 odd students. When they report, they report the average for all students. In order to make stipends comparable we came up with 250. It could have been 240 or 260 as well. We just thought 250 is a good enough number to get a fair idea about the stipends. The more critical question is whether anyone is auditing these numbers being put out. We just have to accept what they tell us.
11 Dec 2012, 06.33 PM |
Ajinkya
I do not know if the above reply came from real "Team InsideIIM" bcoz you use @InsideIIM to reply and not "Team InsideIIM". Anyways... 250 is a good number if you have 450 students. But it is not really comparable for some other IIM like say A or C, which has fewer students. Bcoz 250/450 will not be same as 250/370. The distribution will be biased in favour of the b-school with more students. And aspirants see smaller batch size of non-IIMs as a strength. So, may be along with the number of 250 you can also consider adding another metric like Top 50 or 60% of batch size which can give a better and more importantly comparable picture of the placements. Just a suggestion :)
15 Dec 2012, 03.22 PM |
FYI
Man IIMC has more than 450 students...
15 Dec 2012, 05.00 PM |
abc
40k stipend is utterly miserable compared to other iim's..this is what happens when u take people with less percentiles on the basis of their 10th and 12th board marks..
11 Dec 2012, 11.10 PM
+Read Replies (5)
@InsideIIM
Its 40,000 for 1 month which means Rs.80,000 for 2 months. Assuming they have given the correct figure, it is not miserable by any standard. Issue remains with the auditing of these figures. Some institutes add travel airfare and acco expenses as a part of the stipend. Most institutes just give a wrong figure. Our view is that readers should focus on the profiles being offered than being driven by stipend figures (which may not be accurate at all)
11 Dec 2012, 11.41 PM |
Vipul L
abe is a newbie i guess, He has no idea how everybody inflates every figure..... but anyway hats off to IIM K for reporting everything correctly ... Let brings ethics into management too
12 Dec 2012, 07.42 PM |
FYI
Adding air fare and acco expenses is not entirely a wrong thing. Afterall, the expenses are borne by the company, the candidate does not pay it out of his choice. However, there is a need for standards which kind of give a template where all such expenses can be recorded in an orderly fashion.
13 Dec 2012, 04.26 PM |
FYI
out of his own *pockets
13 Dec 2012, 04.26 PM |
FYI
Funny comment! Does percentile decide stipend figures? IIM Bangalore follows similar admission process. Just ask any IIMB student what is the average figure there. The larger the batch size, the lower the average. For obvious reasons.
13 Dec 2012, 04.35 PM |
illtutmish
One highlight definitely remains TAS which again took 8 , i guess thats a big number when TAS recruits around 30-35 from all campuses it visits
13 Dec 2012, 03.58 PM
+Read Replies (1)
FYI
That is indeed very impressive given the fact that it has barely started to recruit from IIMK (as compared to other campuses). I think 8 is the highest number for any campus this time around. Good job.
13 Dec 2012, 04.28 PM |
grandmaster
with completion of 15 years good times ahead for K. Its really not about numbers and especially for Summers.. the plethora of roles and sectors seems to be the highlight.. And ya ethical reporting standards.. thumbs up to that..
13 Dec 2012, 04.16 PM
@InsideIIM
Team InsideIIM is acutely aware about the 'Let's praise our own institute' contest going on right now. Please refrain from continuing this further. If you have valid facts and data which you want to put forward you are welcome. But random bragging makes the thread useless and makes the students of a premier institution look even worse.
13 Dec 2012, 05.22 PM
+Read Replies (1)
illtutmish
if you are referring to the TAS comment, well its true. Its a valid fact which you can obviously verify. 35 is the official no TAS recruited last year, again you can verify this pretty easily.
14 Dec 2012, 09.17 PM |
IIMK Alum
IIM K is just 15 years old, comparing stipends against 40-50 year old colleges is not fair. Placements depend on how established its alums are and how good its vintage has become. It takes time to get good companies to Kampus. The picture gets further distorted when markets are tough, as it is now. Team IIM is right by stating that profiles matter, stipend is secondary.
16 Dec 2012, 05.38 PM
Brendan
My own rankings system - Ranked 1 - IIM A, IIMB, IIM C & to some extent IIM L Ranked 2 - JBIMS, XLRI J, SP Jain & FMS D Ranked 3 - IIM I & IIM K Ranked 4 - NMIMS, MDI G & IIFT Ranked 5 - IMT G, SIBM P, XIM B, Nitie & SJSOM
29 Dec 2012, 01.49 PM
+Read Replies (1)
hehehe
My own rankings system - Ranked 0 - IIPM Ranked 1 - IIM A, IIMB, IIM C ,IIM L to some extent IIM I & IIM K Ranked 2 - , XLRI J, SP Jain & FMS D Ranked 3 - JBIMS, MDI G & IIFT Ranked 4 - NMIMS, Ranked 5 - IMT G, SIBM P, XIM B, Nitie & SJSOM
31 Dec 2012, 04.26 PM |
anon
My ranking of Bschools Ranked 1 - IIM A, IIMC, IIMB, IIM L Ranked 2 - ISB H, JBIMS, XLRI J & FMS D Ranked 3 -SP Jain, IIM I, IIM K, IIFT Ranked 4 - NMIMS, MDI G & IMT G, SIBM P, XIM B, Nitie & SJSOM XL/FMS are no longer contenders for fifth rank as ISB has overatken them to claim fifth spot. Kudos ISB.
31 Dec 2012, 11.38 PM