Deloitte, ICICI with Maximum Offers at IIM Kozhikode

Kochi: This year, at Indian Institute of Management - Kozhikode (IIM-K) both Deloitte and ICICI have emerged as firms with the maximum numbers of offers with 16 each during its final placement. 

As per sources, the highest domestic compensation offered has gone upto 32 lakh per annum and the offer was made by a Europe-based investment bank. According to a statement issued by the institute, IIM Kozhikode completed the final placements for 2011 for a batch of 290 students on March 3 maintaining its 100 % placement record. The highest international package this time was $ 150,000.

This year a total of 110 firms participated in the placements session. The number of offers per company registered a significant jump to 3.43 from 2.66 last year. Also, about 35 % of the recruiters either participated in the placements for the first time or revisited the institute after a gap of 3 years. Besides, finance has emerged as the most favorite sector with close to 33% of the students opting for it. Marketing and operations was selected by 26% of the students while consultancy firms were preferred by 24% of the students.

Interestingly, while the average salary remained more or less constant in the consultancy sector, there was a jump 18 % in the Indian financial institutions, 16 % in the IT sector, 15 % on the HR sector. Some of the students were offered senior management roles while a few have decided to pursue their own entrepreneurial ideas. One student joined an NGO working in the area of microhealth insurance.