The Indian Institute of Management (IIM), Kozhikode completed its Final Placements for the batch of 2009-11 comprising 290 students. Students were placed in various profiles across Finance, Consulting, Sales & Marketing, Operations, Human Resources, and IT. A total of 305 offers were made across all verticals and 110 firms participated in the process according to the official IIM K placement report.

Finance

According to the placement report, more than 33% of the batch took up roles ranging from Investment Banking, Corporate Finance, Corporate Banking, Risk Management, Equity Research and Retail Banking in Foreign and Indian Financial Institutions with about 30% of the students in the Finance vertical choosing to join a Foreign Finance Institution.

The top recruiters among foreign banks were Nomura, Deutsche Bank, Bank of America, Merrill Lynch, JPMorgan Chase, Standard Chartered, Goldman Sachs, HSBC, Citi, Arvin Meritor, Altisource and American Express. The highest compensation offered was Rs 32 lakh per annum (CTC) for a role in Mumbai by a Europe-based Investment Bank. The average salary for Foreign Financial Institutions was Rs 19.43 lakh per annum.

Amongst Indian Financial Institutions, ICICI Bank recruited 16 students from the Institute. Other prominent recruiters included Edelweiss, Axis Bank, Yes Bank, Indus Valley Partners, IDBI, Futures First, Irevna, Bajaj Allianz, SBI Capital etc. Companies like Hindustan Unilever, L&T;, Airtel and Reliance Industries participated in the final placements offering roles in Corporate Finance. Rating agencies like CRISIL, ICRA and commodities derivative trading firms like NCDEX also recruited in large numbers. The average salary for Indian Financial firms was Rs 12.52 lakh per annum.

Consulting

According to the placement report, Mckinsey & Co, Accenture Business Consulting, Deloitte, PricewaterhouseCoopers, Cognizant Business Consulting, etc. participated in the process this year. Consulting roles were also offered by companies like Capgemini, AON Hewitt, Wipro Consulting, and MXV consulting among others. 24 % of the batch took up various profiles in consulting. The average salary for this segment was Rs 14.42 lakh per annum. Deloitte was the largest recruiter among consulting firms this year with a total of 16 offers, while Cognizant Business Consulting was a close second with 14 offers.

Marketing and Operations

The FMCG sector which predominantly offered roles in Sales & Marketing and Operations saw companies like HUL, P&G;, ITC, Reckitt Benckiser, Marico, Hindustan Coca Cola Beverages (HCCB), Britannia, Kelloggs and Colgate Palmolive among others, make offers to students. In the broader marketing domain, firms such as Airtel, Asian Paints, J&J; Medical, 3M, Glenmark, Pfizer, Raymond, Titan, Idea, Videocon, Panasonic, Tata Motors, Tata Steel, Wipro Consumer Care, Madura F&L;, HP, BILT, JDA Consulting and Zee Learn made offers to several marketing and operations enthusiasts. 26% of the batch took up roles in Marketing and Operations. The average salary of the offers in the FMCG sector was Rs 12.26 lakh and the average salary offered for Operations profiles was 13.62 lakh. The highest salary in an FMCG company was Rs 22 lakh while the average compensation was slightly more than Rs 12 lakh.

General Management

The percentage of students interested in General Management roles was found to increase significantly this year. Various companies including Indian conglomerates RIL and ADAG, and other companies like Mahindra & Mahindra, Cargo, Dolcera, LnT, Jindal, Olam International, Thomas Cook, Manipal Group and Triton Group offered roles in General Management. While the highest salary in the General Management vertical was Rs 15.5 lakh per annum, the average salary offered was Rs 13.57 lakh per annum.

HR

Companies that participated in the placements process offering roles in the HR domain were Infosys, AON Hewitt Consulting and Apollo Hospitals. The average salary was around Rs 10.75 lakh for the HR roles offered. The highest salary offered in this sector was Rs 11.5 lakh per annum.

IT

IT companies and the Information Technology sector was back in business. The average salary in this sector was Rs 11.14 lakh per annum with prominent names from the IT domain including TCS, Wipro, IBM, Mindtree, Aricent, Capgemini, iGate, Fujitsu etc. The highest package offered was Rs 14.5 lakh per annum.

Firms such as Lenovo, Thomas Cook, EXL and Manipal Group offered senior managerial roles at the Institute. A student with close to three years of work experience was offered the role of Executive Assistant to the Chairman and Managing Director by Fujitsu.

Opt Outs

Seven students have opted out of the placements process this year and the claimed primary reason according to IIM Kozhikode was that they wanted to pursue their own ventures. Two of them have taken avail of the Placement Holiday facility offered by the institute. Dr. P Satya Mani Kumar, an MBBS student decided to join an NGO, Healing Fields Foundation that works in the area of MicroHealth Insurance.