IIMK Summer Placements 2008 Shatter Existing Records, Set New Benchmarks

IIMK Summer Placements 2008 Shatter Existing Records, Set New Benchmarks

The average stipend on campus zoomed 25% as compared to last year, to be pegged at Rs 25,000 per month. Accenture Business Consulting and Boston Analytics offered the highest domestic stipend at Summer Placements 2008 - Rs 50,000 per month. The offers saw an even distribution across verticals, with 28% of the batch choosing internships in the finance domain, 22% of the batch selecting marketing profiles and 20% of the batch showing their preference for Systems. Consulting internships were chosen by 16% of the batch, while the other 15% was evenly split across Operations, HR and Others.

Accenture Business Consulting extended its relationship with IIMK to summer placements this year, after making the highest number of offers across top campuses at IIMK during Final Placements 2007. Technology giants Google and Yahoo! were amongst the most coveted recruiters on campus; both offered roles in Internet Sales & Marketing that were extremely sought after at Summer Placements 2008.

PepsiCo, AIG, RPG Enterprises, IBM Business Consulting, YES BANK and Reliance Industries Ltd. were amongst the many recruiters who made the highest number of offers across business schools at IIMK this year, during Summer Placements 2008. Impressed by the quality of talent, PricewaterhouseCoopers offered roles with the Performance Improvement Division for the first time at IIMK. Deloitte Strategy & Operations and Deloitte Financial Advisory Services continued to strengthen their relationship with IIMK; IIMK being the only campus where both Deloitte S&O and Deloitte FAS participate in placements processes.

A distinct trend at Summer Placements 2008 was the wide variety of exclusive roles on offer, even from traditional recruiters. American Express offered risk management profiles in their prestigious WWRIM Division. AIG, impressed with the students' knowledge in the financial domain offered roles in asset management, with the AMC Division.

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Contributed by -
Ashish Thakur,
Media Cell,
IIM Kozhikode.

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