IIM Kozhikode has completed the final placement process for the PGP batch of 2017 in a record 6 days with the average CTC (cost to company) salary pegged at Rs. 17.65 lakh per annum.
While the highest domestic salary offer was Rs. 37 lakh per annum, the number of Pre-Placement offers (PPOs) saw an increase of 15.15% from the previous year. A total of 110 recruiters including 26 first timers including Aspect Ratio, Evanssion, Feedback Infra, Kalyan Group, Korn Ferry Hay Group, Microland and Payoneer participated in the placement. They made 356 offers to the 347 students of the batch.
The highest salary has been offered in Strategy/Operations sector (Rs 37 LPA) followed by General Management sector (Rs 33.4 LPA), Consulting (Rs 32.1 LPA), IT/Analytics (Rs 32 LPA), Sales & Marketing (Rs 27 LPA) and Finance (Rs 21 LPA).
With regard to educational background, 92% of the class were from Engineering, followed by 3% each in Commerce and Pharma & Sciences. Arts & Economics and Management made up 1% each. The class comprised 73% male and 27% female. While 80% had work experience, 20% were freshers.
In sector-wise work experience, 41% was in IT/Telecom followed by Manufacturing/Oil & Gas at 28%, Consulting/Analytics 15%, BFSI/Finance 5% and 4% each in Construction/Infrastructure and E-Commerce and 3% others.
In work experience, 34% have 13 to 24 months experience followed by 27% with 25 to 36 months, 12% with 1 to 12 months, 4% with 37 to 48 hours and 3% with 49 months and above.
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Major recruiters including Accenture Strategy, Amazon, BCG, Deloitte, EY, Goldman Sachs, HUL, ITC, JPMC, McKinsey and PwC.
The highest salary has been offered in Strategy/Operations sector (Rs 37 LPA) followed by General Management sector (Rs 33.4 LPA), Consulting (Rs 32.1 LPA), IT/Analytics (Rs 32 LPA), Sales & Marketing (Rs 27 LPA) and Finance (Rs 21 LPA).
The average salaries in top 5% was Rs 33 LPA and top 10% bagged Rs 28.5 LPA. The top 25% bagged Rs 23.8 LPA and top 50% got Rs 20.6 LPA.
In vertical wise offers, Finance had major share of 26%. The banks and financial institutions included Axis Bank, Citibank, CRISIL, Deutsche Bank, Edelweiss, Ernst & Young, Fidelity, HSBC, ICICI, IDBI, Nomura, SBI, Standard Chartered and Yes Bank among others.
Sales & Marketing at 25% had Philips, Asian Paints, Raymond, RPG, SBI, Tata Steel, Vodafone, mPhasis, Maruti, L’Oreal, Lenovo, Kohler, ITC, HCL, HPPCL, Godrej, Bajaj Auto wooing the students.
Consulting at 24% saw Accenture Strategy, BCG, Cognizant, Deloitte, Ernst & Young, KPMG, PWC, TCS and Wipro among others.
In IT & Analytics (13%), major recruiters were American Express, Aspect Ratio, Capgemini, EMC, EXL Analytics, HCL, Hexaware, HUL, Mahindra, PWC Tech, Shell IT, TCS BPS, Ujaas Energy and others.
