IIM-Kozhikode Summer Placements 2021 record highest stipend at Rs 3.74 lakh

A total of 132 recruiters participated in the summer recruitment drive of IIM Kozhikode offering internships to 559 students.

IIM Kozhikode Placements 2021: Indian Institute of Management (IIM) Kozhikode concluded this year’s summer placements drive for the 25th batch of its Post Graduate Program (PGP) and the second batches of PGP Liberal Studies and Management, and PGP Finance. The highest stipend that IIM Kozhikode Placements 2021 witnessed is Rs 3.74 lakh. A total of 132 recruiters participated in the summer recruitment drive of IIM Kozhikode offering internships to 559 students. The placements were conducted via virtual mode amid the ongoing pandemic situation. Candidates in this season have an average of 26 months of pre-MBA work experience. There is 39 per cent gender diversity and 40 per cent non-engineering graduates are there.

According to the placement report, while the average stipend stood at Rs 2 lakh which is a 6.4 per cent increase from last year’s figure, the median stipend was recorded at Rs 2 lakh, with the top 50 per cent of students securing an average stipend of Rs 2.57 lakh.

Top recruiters that participated in IIM Kozhikode Placements 2021 include Avendus Capital, Bain & Company, FinIQ Consulting, Johnson & Johnson, Loreal, Marico, Myntra, PepsiCo, Reliance and Reliance Nippon Life Insurance, Accenture Strategy, Amazon, Asian Paints, Bain & Company, Boston Consulting Group, Citibank, Deloitte USI, Flipkart, Goldman Sachs, Google, JP Morgan Chase, Microsoft, PwC, etc. A total of 64 new recruiters participated in the recruitment drive this year. Offers from various Front End Investment Banking and Private Equity/Venture Capitalists, as well as the top consulting companies, flooded the drive this year.

Highest number of offers were made by the sales and marketing, consulting and finance domains contributing up to 73 per cent of the total offers. Sales and Marketing contributed 25 per cent of offers on-campus and saw participation from firms such as Asian Paints, Bajaj Auto, Coca-Cola, HUL, ITC, Johnson & Johnson, Loreal, Lubrizol, Marico, Nestle, PepsiCo, Pidilite, Reckitt Benckiser and Samsung among others extending an aggregate of 146 offers to around 21 per cent of the batch.

More than 22 per cent of the student cohort were offered internships in the consulting and BFSI domains. Students coming from IT and Analytics domain gathered internship offers from tech giants such as American Express, Amazon, Google, Microsoft, MX Player, Walmart Labs and in-house divisions of companies like Asian Paints, DRL and HUL.

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