IIM Kozhikode Placement 2024: Completes 100% Placement with 7% Rise in Highest Salary at Rs.72 LPA; Average Salary Dips by 9% at Rs.28.05 LPA; Consulting & Finance Emerge Top Recruiting Domains
IIM Kozhikode has completed 100% placements 2024 for its large 2022-24 Batch of 537 students. The average salary in placement 2024 has witnessed 9% dip which has gone down to Rs.28.05 LPA from Rs.31.02 LPA while highest salary has gone up to Rs.72 LPA from Rs.67.02 LPA last year. IIMK concluded its final Placement 2024 with 33% offers in Consulting sector and 28% offers in Finance Domain. 156 recruiters including 70 new recruiters participated in IIM Kozhikode Placements 2024
Indian Institute of Management Kozhikode witnessed 100% placements 2024 for the large 26th PGP 2022-24 batch and 3rd 2022-24 batches of PGP-LSM and PGP-Finance comprising 537 students participating in the placements process. The offers were rolled out by 156 recruiters including 70 new companies.
While the Highest Salary in IIM Kozhikode placements 2024 has gone up by 7% at Rs.72 LPA from Rs.67.02 LPA last year, the average salary has gone down by 9% at Rs.28.05 LPA from Rs.31.02 LPA last year. This Placement season was a great success with 100% placements for the 26th batch of flagship PGP Programme and the 3rd batches of the PGP- Finance (PGP-F) and PGP- Liberal Studies and Management (PGP-LSM).
On completion of successful Final Placements 2024, Dr. Prantika Ray Chairperson – Placements, IIM Kozhikode said, “This achievement is a testament to the unwavering dedication and perseverance of our students and the collective efforts of everyone involved inspite of the current market conditions.”
IIM Kozhikode Placement 2024: Key Highlights
- 100% Placements Completed
- Highest Salary is Up by 7% at Rs.72 LPA from Rs.67.02 LPA last year
- Average salary dips by 9% at Rs.28.05 LPA in Placement 2024 from Rs.31.02 LPA last year
- No change in Median salary which remains Rs.27 LPA like last year
- Average Salary of Rs.29.20 LPA for Female Students surpasses Male Students Average Package
- Total 537 Students participated in Placement 2024
- Out of the total 156 recruiters, 70 were new companies
- Average Salary stood at Rs. 48.41 LPA for Top 5 Percent Students
- Average Salary was Rs.46.20 LPA for Top 10 Percent Students
- Average Salary for Top 20 Percent students stood at Rs.40.79 LPA
- Consulting emerged as top recruiting sector with 33% offers followed by Finance with 28% offers
- Top Recruiters included Accenture, Bain, BCG, Deloitte, Everest, EY, GDi, GEP, KPMG, PwC, Tata Communications, Citi Bank, D.E. Shaw, Deloitte, Goldman Sachs, JP Morgan Chase
IIM Kozhikode Placement Trends
A comparative Analysis of Placement Trends during last 7 years is shared below:
|
Placement Year |
Average Salary (Rs.in Lakhs) |
|
Placement 2024 |
Rs. 28.05 LPA |
|
Placement 2023 |
Rs. 31.02 LPA |
|
Placement 2022 |
Rs. 29.50 LPA |
|
Placement 2021 |
Rs. 22.53 LPA |
|
Placement 2020 |
Rs. 23.08 LPA |
|
Placement 2019 |
Rs. 20.6 LPA |
|
Placement 2018 |
Rs. 17.8 LPA |
|
Placement 2017 |
Rs. 17.65 LPA |
Top Recruiters
Among the top recruiters including new recruiters from across the sectors, participating in IIM Kozhikode Placement 2024 are - Accenture Strategy, Bain, BCG, Deloitte, Everest, EY, GDi, GEP, Infosys Management Consulting, KPMG, MXV Consulting, PwC, Tata Communications, Technip Energies, Titan, Axis Bank, BNP Paribas, Citi Bank, D.E. Shaw, Deutsche Bank, Goldman Sachs, JP Morgan Chase & Co., Standard Chartered, Adani, ABGLP, Airtel, Bajaj Consumer Care, Bajaj Finserv, Capgemini, Disney Star, Gevme, Hinduja, JSW, L’Oreal, Mahindra, Relinace, Renew Power, TAS, Accenture Technology, American Express, Air India, Amazon, EXL Analytics, HSBC Technology, IndiGo, Media.net, Mercedes Benz, Microsoft, Walmart, Wipro, BP Castrol, DRL, Johnson & Johnson, Meesho, Maruti Suzuki, HUL, ITC, PepsiCo, PhonePe, Pidilite, Reckitt, Samsung, Tata Play, Tata Steel, Coca Cola, Flipkart, Uber, Apitoria, CPCL, P&G among others
|
IIM Placements 2024: Check Placement Report, Average and Highest Salary Package |
Sectoral Placements
Consulting sector emerged as the top recruiting sector followed by Finance. IIM Kozhikode sector wise placements are shared below:
Consulting Records 33% Share in Placement 2024: Average Salary-Rs.30.96 LPA
Around 33% of the offers were rolled out by the consulting cluster this season. The highest salary offered in this domain was Rs.45 LPA while the average salary was Rs.30.96 LPA. As such, the consulting domain has emerged as a significant contributor, accounting for a substantial percentage of offers. Marquee consulting firms, such as Accenture Strategy, Bain, BCG, Deloitte, Everest, EY, GDi, GEP, Infosys Management Consulting, KPMG, MXV Consulting, PwC, Tata Communications, Technip Energies and Titan recruited from the campus reaffirming the position as a Premier B-School.
Finance Records 28% share in Placements 2024: Average Salary-Rs.26.11 LPA
28% offers were made in the Finance domain by marquee recruiters. The highest salary in Finance domain stood at Rs.72 LPA while Average salary was Rs.26.11 LPA. This year too, IIM Kozhikode remained a top choice for finance careers. Recruiters like Axis Bank, BNP Paribas, Citi Bank, D.E. Shaw, Deutsche Bank, Goldman Sachs, JP Morgan Chase & Co., and Standard Chartered offered diverse finance roles. Further, Ambit Capital, Equirus, GEF Capital Partners, Lodha Capital Markets, Nomura, Pavestone, Piramal Alternatives, and Xponentia Capital offered Front End IB and PEVC roles.
IT/Analytics Registers 15% share in Placement 2024: Average Salary-Rs.28.31 LPA
The IT & Analytics domain contributed to 15% of the total offers with average salary at Rs.28.31 LPA and Highest salary offered at Rs. 67.02 LPA. A combination of marquee recruiters like Accenture Technology, American Express, Air India, Amazon, EXL Analytics, HSBC Technology, IndiGo, Media.net, Mercedes Benz, Microsoft, Walmart & Wipro with many offered the coveted Product Management role.
Sales & Marketing Registers 10% share in Placement 2024: Average Salary-Rs.26.12 LPA
Sales and Marketing contributed to 10% of the total offers with highest salary at Rs.35 LPA and Average Salary at Rs.26.12 LPA. IIM Kozhikode witnessed an enthusiastic participation from major recruiters such as BP Castrol, DRL, Johnson & Johnson, Meesho, Maruti Suzuki, HUL, ITC, PepsiCo, PhonePe, Pidilite, Reckitt, Samsung, Tata Play, Tata Steel and Vodafone Idea
General Management Registers 8% share in Placement 2024: Average Salary-Rs.25.96 LPA
General Management domain has contributed 8% share in Placement 2024 with highest salary at Rs. 33 LPA and Average Salary at Rs.25.96 LPA. The domain saw diverse range of roles offered by 15+ companies, collectively accounting for 8% of the total offers. Adani, ABGLP, Airtel, Bajaj Consumer Care, Bajaj Finserv, Capgemini, Disney Star, Gevme, Hinduja, JSW, L’Oreal, Mahindra, Relinace, Renew Power, TAS and Vijaya Diagnostic Centre were among the companies that extended offers.
Operations Registers 6% share in Placement 2024: Average Salary-Rs.25.42 LPA
Operations contributed to 6% of the total offers with average salary at Rs.25.42 LPA and Highest Salary at Rs.49 LPA. Prominent recruiters in Operations included Amazon, Coca Cola, Flipkart & Uber. First-time recruiters, Apitoria, CPCL and P&G extended multiple roles in Operations. Some of the other prominent recruiters were Asian Paints, Diageo, Genpact and Tata Steel.
The holistic pedagogy at IIM Kozhikode and the relevant course curriculum and the competitive nature of the students at IIMK has helped the Institute in achieving 100% Placement in a short time.
Started in 1997 with its Postgraduate Programme (PGP) comprising 42 students, the Indian Institute of Management Kozhikode (IIMK) today has a batch strength of 600 students. The B-school is on a high growth trajectory today, offering widest range of academic programmes in the field of management education. These include MBA Finance, MBA in Business Leadership (2019) MS-Finance and MBA in Liberal Studies & Management (2020), Fellow Programme in Management, Executive PG Programmes, Management Development Programmes and Faculty Development Programmes.
IIMK set up a Satellite campus at Infopark, Kochi, in 2013 dedicated to Executive Education. IIMK has also the unique distinction of launching a PhD (Practice Track) programme for working professionals besides bringing in new dynamic courses in Women Leadership and MS-Finance, in the year 2019-20. The institute is also home to IIMK LIVE a first-of-its-kind startup incubation programme and the Indian Business Museum.
IIMK is among the top-3 IIMs as per latest NIRF India Rankings 2023. IIM Kozhikode celebrated its Silver Jubilee and is also the lone IIM to be recognised as the 2nd most ‘Innovative’ Educational Institute among Institutes of National Importance, Central University & CFIs (Non-Technical) category, in India ARIIA Rankings. IIM Kozhikode is globally accredited by EQUIS (EFMD) and AMBA (UK).
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