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IIM Kozhikode completes summer placements with top stipend of Rs 2.5 lakh

The average stipend continued its upward trend, the highest stipend offered being 2.5 lakh. Students were also offered positions in international locations across various sectors.

IIM Kozhikode completes summer placements with top stipend of Rs 2.5 lakh
MUMBAI: IIM Kozhikode has completed summer placements for its largest batch ever in a record time of six days.

A total of 119 companies including Boston Consulting Group, Goldman Sachs, JP Morgan, Microsoft, Google, American Express, Ernst & Young among others, participated in the prices, recruiting 364 students with an overall increase in the number of offers made per company.

New recruiters accounted for 45% of the total participating companies. They included AMUL, Britannia, CEB, Credit Suisse, Colgate Palmolive, DE Shaw, Directi, IndiaMART, Kohler, Novartis, Piramal Group, Saint Gobain, Sun Pharma, TAFE among others.

The average stipend continued its upward trend, the highest stipend offered being 2.5 lakh. Students were also offered positions in international locations across various sectors.

Various niche roles were opted by students in the field of Digital Marketing, Social Media Analytics, Research and Development.

The Sales and Marketing vertical saw the highest number of recruiters with 45% of the batch opting for this sector.
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The other top segments based on roles offered were finance (17%), consulting and general management (24%).

The finance sector saw a significant increase in participation this season.
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