IIM Kozhikode Witnesses Best Ever Placements with Average Salary Peaking to Rs. 14.83 Lakh

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In-line with the trends observed throughout the Laterals Placements Program, the roles and profiles on offer during Final Placements 2008 continued to demonstrate a perfect balance across verticals.

International Recruiters

International placements touched new heights with Arthur D. Little, Dresdner Kleinwort, KPMG, Microsoft, Olam International, Oliver Wyman, OCBC Bank and Reuters participating in placements for the first time, with global roles across a diverse set of geographies up for grabs.

Consulting

IIM-K strengthened its equity as a destination of choice for consulting firms with top consulting firms such as McKinsey & Co., Accenture Business Consulting, Arthur D. Little, Oliver Wyman, Stern Stewart & Co., Deloitte & Touche, E&Y, KPMG and PricewaterhouseCoopers participating in Placements 2008. Accenture Business Consulting made the highest number of offers across campuses at IIM-K.

Deloitte & Touche and PricewaterhouseCoopers strengthened their relationship with IIM-K, recruiting for 4 divisions each. Accenture HP, GrowTalent and Hewitt Associates recruited for HR consulting from IIM-K for the first time. 25% of the Class of 2008 accepted offers in consulting. In recognition of the diversity of experience in the batch, roles ranged from Associate to Senior Consultant positions at these firms.

Finance

The Banking & Financial Services sector remained a strong favorite among students and saw a significant jump in activity this year with 36% of the batch being offered plum roles at top corporations. Investment Banking and Private Equity were the top choice for students looking for a career in finance. AIG PE, Deutsche Bank, Edelweiss Capital, Goldman Sachs, J.P. Morgan, Lehman Brothers, o3 Capital, Reliance Capital and Reliance Venture Fund were some of the recruiters who made offers which were snapped up by the students in this space.

Diverse banking profiles were offered by the leading MNC banks such as ABN AMRO, American Express, Bank of America, Barclays Plc, Citibank, HSBC, and Standard Chartered. Bank of America PAG recruited exclusively from IIM-K. The India growth story was well represented with ICICI, Kotak, SEBI, and Yes Bank making a large number of offers. GE Commercial Finance and ICRA recruited for credit risk management. Roles on offer this year included Asset Management, Corporate Finance, Corporate Banking, Credit Risk Management, Derivatives Structuring, Hedge Fund Management, Private Equity, and Treasury.

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