The Indian Institute of Management, Kozhikode Placement

The 2023 Indian Institute of Management, Kozhikode Placements Report features 100% placements. The placement campaign involved 123 recruiters in all, including 36 first-time recruiters. 556 job offers were offered to the students in total. The highest package at the Indian Institute of Management, Kozhikode was INR 67.02 LPA, the average package was INR 31.02 LPA, and the median package was INR 27 LPA. Additionally, the average compensation for female students was INR 31.93 LPA.

At the Indian Institute of Management, Kozhikode (IIMK), the PGP program, the PGP-Finance program, and the PGP-Liberal Studies and Management course all received 100% placement completion in 2023. The average package for placements in 2023 was Rs. 31.02 LPA, compared to the median package at IIM Kozhikode of Rs. 27 LPA. 559 offers were made overall by 123 recruiters. The Indian Institute of Management Kozhikode Recruiting Companies in the Consulting field made the most offers this year at the Indian Institute of Management Kozhikode. As a show of confidence, many companies, including the Aditya Birla Group, MakeMyTrip, and Mercedes Benz, employed applicants at the Indian Institute of Management, Kozhikode.

Prof. Debashis Chatterjee, Director at the Indian Institute of Management Kozhikode, confirmed the completion of the Indian Institute of Management Kozhikode Placements 2023 and stated, "The strong performance reflects the trust recruiters have built with the institute over the years and the appreciation for the diverse talent pool across the Institute's portfolio of PGP programs."  

The Indian Institute of Management, Kozhikode Placement Highlights in comparison to the year 2022

Particulars	Placement Statistics For The Year 2023	Placement Statistics For Year 2022 Placement Statistics 2022
Total Students	556	546
Total Offers	556	571
Top Recruiters	EXL, Jio, Makemytrip, Microsoft, Walmart	Accenture Strategy, BGC, Bain & Company, Deloitte, EY, etc.
Recruiters	123	116
Placement Percentage	100%	100%
New Recruiters	36	-
Median CTC	INR 27 LPA	INR 26.5 LPA
Highest CTC	INR 67.02 LPA	INR 61.5 LPA
Domain with Highest Offer	Consulting	Consulting
Domain Offering the Highest CTC	IT/ Analytics	Sales and Marketing
Average CTC of Female Students	INR 31.93 LPA	INR 30.7 LPA
Average CTC	INR 31.02 LPA	INR 29.5 LPA

A total of 556 students from the flagship PGP, PGP Finance, and PGP Liberal Studies & Management participated in the 2023 placement campaign, and 123 recruiters placed each one of them. This year, IIM Kozhikode has 36 new recruiters, including political consultancies like I-PAC and Nation with Namo.

The Indian Institute of Management, Kozhikode Placements Comparison with other Indian Institute of Management Institutions 

The Indian Institute of Management, Kozhikode Placements are compared to the Indian Institute of Management, Ahmedabad, the Indian Institute of Management, Calcutta, the Indian Institute of Management, Lucknow and the Indian Institute of Management, Indore in the following table:

Institutes	Highest CTC	Average CTC	Median CTC	No. Of Offers
IIM Kozhikode	INR 67.02 LPA	INR 31.02 LPA	INR 27 LPA	556
IIM Ahmedabad	INR 1.15 CPA	INR 34.36 LPA	-	280
IIM Calcutta	INR 1.15 CPA	INR 35.07 LPA	INR 33.67 LPA	573
IIM Lucknow	INR 1 CPA	INR 32.23 LPA	INR 30 LPA	632
IIM Indore	INR 1.14 CPA	INR 30.21 LPA	INR 27.2 LPA	568

The Indian Institute of Management, Kozhikode Placements Trends

The Indian Institute of Management, Kozhikode has effectively improved its students' placement outcomes during the course of the year. From less than Rs 20 LPA in 2018 to more than Rs 30 LPA in 2023, the average wage increased. Below are the average wage trends for the previous five years:

Placement Year	Average Salary (Rs.in Lakhs)
Placement 2023	31.02
Placement 2022	29.50
Placement 2021	22.53
Placement 2020	23.08
Placement 2019	20.6
Placement 2018	17.8

The Indian Institute of Management, Kozhikode Sector-Wise Placements Analysis

The Sector Wise Analysis for the batch 2023 at the Indian Institute of Management, Kozhikode is shown in the following table:

Sectors	CTC- Offered
Consulting	INR 20 - 45 LPA
BFSI	INR 21 - 40 LPA
Conglomerates	INR 22 - 27 LPA
FMCG	INR 25 - 34 LPA
General Management	INR 23 - 33 LPA
Healthcare & Pharmaceuticals	INR 22 - 25 LPA
IT	INR 20 - 45 LPA
Others	INR 20 - 31 LPA

The year 2023 Consulting Sector Placements at the Indian Institute of Management, Kozhikode is shown in the following table:

The year 2023 BFSI Sector Placements at the Indian Institute of Management, Kozhikode is shown in the following table:

Company	CTC- Offered
Yes Bank	22 - 23
Piramal Alternatives	26 - 28
JPMC	22 - 25
Goldman Sachs	25 - 30
Deutsche Bank	22
D.E. Shaw	35 - 40
Citi Bank	35
Bajaj Finserv	28
Axis Bank	21
American Express	29 - 33
Ambit Capital	40

Conglomerates Sector Placements of the year 2023 at the Indian Institute of Management, Kozhikode is shown in the following table:

Company	CTC-Offered
AB InBev	24 - 26
CK Birla	22
Mahindra	27

The year 2023 Placements record of FMCG sectors at the Indian Institute of Management, Kozhikode is shown in the following table:

Company	CTC-Offered
Samsung	25
Pidilite	30
PepsiCo	25
P&G	33
Marico	28 - 29
L’Oreal	27
Johnson & Johnson	28 - 30
ITC	33
HUL	34

The year 2023 Placements record of General Management sectors at the Indian Institute of Management, Kozhikode is shown in the following table:

Company	CTC-Offered
TAS	28
Reliance	23
EXL Analytics	32 - 33
Asian Paints	29 - 30
ABGLP	26 - 27

The year 2023 Placements record of Healthcare and Pharmaceuticals sectors at the Indian Institute of Management, Kozhikode is shown in the following table:

Company	CTC-Offered
DRL	22 - 24
Haleon	25

The year 2023 Placements record of IT sectors at the Indian Institute of Management, Kozhikode is shown in the following table:

Company	CTC-Offered
Tech Mahindra.	20 - 27
Optum	25 - 27
Myntra	24 - 26
Microsoft	35
MakeMyTrip	20 - 25
Infosys	24
Google	28 - 32
GEP	22 – 25
Flipkart	27
Amazon	45

The year 2023 Placements record of other sectors at the Indian Institute of Management, Kozhikode is shown in the following table:

Company	CTC-Offered
BP Castrol	25
Everest	27 - 28
Jio Platforms	27 - 31
Mondelez	30
PFC	28
Reckitt	27 - 29
Renew Power	20 - 22
Tata Play	22- 24
Tata Steel	21

The Indian Institute of Management, Kozhikode Placement Salary Statistics 

Students	Salary
Top 5 %	INR 62.04 LPA
Top 10 %	INR 55.19 LPA
Top 20 %	INR 48.85 LPA

The Indian Institute of Management, Kozhikode Placement Domain-Wise

• Students were hired for positions in a variety of industries during the recruiting drive for 2023, including consulting, finance, general management, IT/analytics, operations, and sales and marketing. 
• The consulting industry accounted for 33% of placement offers, with finance coming in second with 26% of offers. 
• This year, there have been 70% more offers in the BFSI industry than there were last year. 
• There are 136% more options available in the general management sector than there was the year before.

Specialization-wise placement record for the year 2023 at the Indian Institute of Management, Kozhikode is shown in the following table:

Specialization	Salary Percentage	Average CTC	Highest CTC
Sales & Marketing	10%	INR 28.29 LPA	INR 34 LPA
Operations	6%	INR 31.09 LPA	INR 49 LPA
IT/ Analytics	11%	INR 33.35 LPA	INR 67.02 LPA
General Management	14%	INR 29.37 LPA	INR 49 LPA
Finance	26%	INR 27.97 LPA	INR 48 LPA
Consulting	33%	INR 34.26 LPA	INR 40.25 LPA

The 2023 batch details of the Indian Institute of Management, Kozhikode

Particulars	2023 Batch Details
Total Students	556
Students from Tier-1 Colleges (NIFT Top 30 Alma Matter, IITs, NITs, SRCC, LSR, BITS)	22%
Male Students	65%
Female Students	35%
Courses	3 (PGP, PGP Finance, and PGP Liberal Studies & Management)
Average Work Experience	19 months

• 556 students from the three PGP courses, PGP Finance, and PGP Liberal Studies & Management made up the graduating class of 2023. 
• There were 65% male students and 35% female students in the cohort.
• The IITs, NITs, SRCC, LSR, and BITS, as well as the NIFT Top 30 Alma Matter, made up about 22% of the students.
• The batch's collective employment experience was, on average, about 19 months.

The Indian Institute of Management, Kozhikode Year-Wise Placement Trends is shown in the following table:

Placement Year	2023	2022	2021	2020
Highest CTC	INR 67.02 LPA	INR 61.5 LPA	INR 46.88 LPA	INR 58 LPA
Average CTC	INR 31.02 LPA	INR 29.5 LPA	INR 22.53 LPA	INR 23.08 LPA

From INR 61.5 LPA in 2022 to INR 67.02 LPA in 2023, the highest package rose. Similarly, from INR 29.5 LPA in 2022 to INR 31.02 LPA in 2023, the average package rose.

Particulars	Placement Statistics 2023
Total Students	64
Total Recruiters	50
Total Offers	66
Students Participated	58
Median CTC	25 LPA
Key Roles Offered	Senior Management Consultant, Senior Manager, Product Manager, etc.
International Offers	4
Highest CTC	INR 43.92 LPA
Average CTC of Women Participants	INR 28 LPA
Average CTC	INR 29.23 LPA

The PGP-BL batch 2022–2023 consisted of 64 students, and 58 of them took part in the placement. The 66 offers made by the 50 recruiters, including 4 from abroad, totaled 66. The average and median salaries paid to PGP-BL students were INR 29.23 LPA and INR 25 LPA, respectively, while the maximum salary offered to PGP-BL students was INR 43.92 LPA. Female participants received an average pay package of INR 28 LPA as well.

The following are some of the major milestones of the Indian Institute of Management, Kozhikode PGP-BL placements in 2023:

• The Big-4 consulting firms made employment offers to 16% of the class.
• The BFSI company's participation in placements has grown by 200%.
• 57% of the companies engaged for the first time in the employment process. 

• Around INR 22 LPA was offered to the 90% of the people.
• Data and AI consulting firms provide job offers to 24% of the class’s pupils. 

The Indian Institute of Management, Kozhikode PGP-BL placements: Salary Statistics

Students	Salary
Top 5 Percentile	INR 43.80 LPA
Top 10 Percentile	INR 42.90 LPA
Top 25 Percentile	INR 36.32 LPA

The Indian Institute of Management, Kozhikode PGP-BL placements: Roles Offered

Consultant

Senior Management Consultant

Senior Business Analyst

Product Owner

Product Manager

Associate Engagement Consultant

Associate Client Solution Partner

Enterprise Strategy Consultant

Senior Manager

The Indian Institute of Management, Kozhikode Summer Internship Placements 2024

Particulars	Internship Statistics 2024	Internship Statistics 2023	Internship Statistics 2022
Students Participated	541	559	541
Recruiters	122	-	-
Median Stipend	INR 2.5 lakhs	INR 2 lakhs	INR 2 lakhs
Increase in Highest Stipend	73%	17%	-
Increase in Average Stipend of Females	23%	14%	-
Increase in Average and Median Stipend	25%	-	-
Highest Stipend	INR 6.47 lakhs	INR 3.74 lakhs	INR 3.20 lakhs
Average Stipend of Female Students	INR 2.81 lakhs	INR 2.28 lakhs	INR 2 lakhs
Average Stipend	INR 2.5 lakhs	INR 2 lakhs	INR 1.88 lakhs

In the summer internship placement for the 2022–24 cohort, IIM Kozhikode displayed a 100% placement rate. 541 students were placed, and a total of 122 recruiters visited. The average and median stipend provided was INR 2.5 lakhs, with the highest stipend paid at INR 6.47 lakhs.

The highest compensation has increased by 73%, while the median and average stipends have increased by 25% and the female applicants' average stipend by 23%, respectively.

Major Recruiters of the Indian Institute of Management, Kozhikode Placements

Flipkart, ABInBev, Accenture, Aditya Birla Group, Ambit Capital, Capgemini, American Express, Asian Paints, Axis Bank, Bain & Company, Bajaj Finserv, Bank of America, BLS International, Boston Consulting Group, Johnson & Johnson, BP Castrol, CK Birla Group, Deutsche Bank, Equirus, Ernst & Young, Everest Group, EXL Analytics, GE Healthcare, GEP, Goldman Sachs, , D.E. Shaw, Google, HDFC Bank, HUL, I-PAC, IIFL, Infosys, ITC, Jio Platforms, Amazon, JPMorgan Chase & Co, KPMG, L’Oreal, Microsoft, Magic Bricks, Marico, HPCL, Mercedes Benz, PwC, MXV Consulting, Nation with Namo, Nomura, NovaaOne Capital, Optum, Deloitte, PepsiCo, Pidilite, Piramal Alternatives, Procter & Gamble, Rebel Foods, Mahindra GMC, Reckitt, RedSeer Consulting, Reliance, Renew Power, RPG, Samsung, Shell, Standard Chartered, Synergy Consulting, TAS, TATA Group, , MakeMyTrip Tech Mahindra, Uber, Walmart, Wipro, ZEE Entertainment were amongst the major recruiters.

With the broadest selection of academic programs in the field of management education, the Indian Institute of Management, Kozhikode is one of the IIMs with the quickest rate of growth. The Fellow Programmes in Management, Executive Postgraduate Programmes, Management Development Programmes, and Faculty Development Programmes are a few of them. According to the NIRF India Rankings 2021: Management, the Indian Institute of Management, Kozhikode is rated fourth. It is also ranked No. 2 in the CFIs (non-Technical) category of the Ministry of Education, Government of India's Atal Innovation Rankings (ARIIA 2021) rankings. EQUIS (EFMD) and AMBA (UK) have accredited IIM Kozhikode on a worldwide scale.

Frequently Asked Questions about The Indian Institute of Management Kozhikode

Q. What is the Indian Institute of Management, Kozhikode's highest salary?

Ans. In the 2023 placements, of the Indian Institute of Management, Kozhikode's top salary was INR 67.02 LPA.

Q. Is the placement at the Indian Institute of Management, Kozhikode good?

Ans. Yes, the Indian Institute of Management, Kozhikode reported a 100% placement rate for the 2023 placement drive, as well as a 100% placement rate for the year prior. 

Q. What is the Indian Institute of Management, Kozhikode's average salary?

Ans. The Indian Institute of Management, Kozhikode provides the median salary of INR 27 LPA in the Indian Institute of Management, Kozhikode’s 2023 placements. 

Q. At the Indian Institute of Management, Kozhikode, how many offers were made in 2023?

Ans. The Indian Institute of Management, Kozhikode received 556 offers in total in 2023.

Q. What is the typical compensation for female students at the Indian Institute of Management, Kozhikode?

Ans. The average CTC for female students in the Indian Institute of Management, Kozhikode 2023 placements was INR 31.93 LPA. 

Q. Which domain received the highest salary at the Indian Institute of Management, Kozhikode?

Ans. Consulting has consistently given the Indian Institute of Management, Kozhikode students the most job offers, both in the years 2022 and 2023. 

Q. How many offer letters were issued in the academic year 2023 at the Indian Institute of Management, Kozhikode placement in PGP-BL candidates?

Ans. In total 66 offer letters were issued at the Indian Institute of Management, Kozhikode. Among these 4 job offers are of foreign companies in the PGP-BL.

Q. How many PGP-BL students took part in the recruitment process at the Indian Institute of Management, Kozhikode in 2023?

Ans. 58 out of 64 students took part in the PGP-BL placement campaign in 2023. 

Q. What are the package statistics for the Indian Institute of Management, Kozhikode’s year-long MBA program? 

Ans. The Indian Institute of Management, Kozhikode’s year-long MBA program provides the maximum package of INR 43.92 LPA and the average package of INR 29.23 LPA.

Q. What were the Indian Institute of Management, Kozhikode's top IIMs' placement rates for 2023?

Ans. The table below compares the 2023 placement outcomes of the Indian Institute of Management, Kozhikode to those of other institutions IIMs, such as IIM Indore, IIM Lucknow, IIT Shillong, and IIT Rohtak.

IIM Name	The Highest Package (2023)	Average Package (2023)
IIM Shillong	INR 71.30 LPA	INR 26.96 LPA
IIM Rohtak	INR 36 LPA	INR 18.73 LPA
IIM Lucknow	PGP SM- INR 66 LPA	- PGP & PGP ABM: INR 32.2 LPA- PGP SM: INR 30.44 LPA- IPMX: INR 26.47 LPA
IIM Kozhikode	INR 67.02 LPA	NA
IIM Indore	PGP-HRM- INR 34.50 LPAPGP-EPGP- INR 43.90 LPAPGP and IPM- INR 114 LPA	PGP-HRM-INR 22.65 LPAPGP-EPGP- INR 27.80 LPAPGP and IPM-INR 30.21 LPA

Q. How many recruiters came to the campus of the Indian Institute of Management, Kozhikode for the summer placements 2022 batch?

Ans. According to the 2022 summer placement report, 541 students and 122 recruiters took part. The following table displays the top 5 to top 50 percentile statistics for the batch 2022:

Particulars	Batch 2022
Top 5 percentile	INR 4.06 lakh
Top 10 percentile	INR 3.97 lakh
Top 20 percentile	INR 3.40 lakh
Top 50 percentile	INR 3.14 lakh

Q. The Indian Institute of Management, Kozhikode offers 100% placement, right?

Ans. During the placement drive in 2023, the college had a 100% employment rate for PGP students in Liberal Studies, Management, and Finance. The placement rate, which has been at 100% over the past two years, has not changed. Students can examine the following table for clarity:

Particulars	Statistics (2022)	Statistics (2023)
Placement rate	100%	100%

Q. Why the Indian Institute of Management, Kozhikode is the best institution for the placements?

Ans. One of the greatest management schools in the nation is the Indian Institute of Management in Kozhikode. It has a long history of generating finance leaders in the corporate community and related fields. With top-notch facilities and talented teachers, it has a stunning campus.

• Placement Experience: Among the nation's management schools, the Indian Institute of Management, Kozhikode has one of the most outstanding placement histories. Students from famous corporate organizations are given job possibilities in industries like consulting, IT, FMCG, manufacturing, etc. According to the most recent figures, the average package is around 26.7 lacs per year, and the maximum goes up to 58.1 lacs per year.
• Opportunities for Internships: In addition to placements, leading companies like Hindustan Unilever, GlaxoSmithKline, and others give the students fantastic internship and live project chances. The typical monthly SIP payment is in the region of $50,000 to $1,250,000.

Q. Does the Indian Institute of Management, Kozhikode provide a life-changing experience on their campus?

Ans. The social scene is excellent. The first three months are highly busy, with interviews to be chosen for various groups, Roobaro, and Clash of the Titans, as well as preparation for a summer internship, case studies, and independent course work. It is therefore quite frantic initially, but after the initial three months, which culminate with a summer internship, things grow considerably simpler. But even after that, events like the Blackwater Festival and other cultural committees and sports festivals take place. Thus, the Indian Institute of Management, Kozhikode is quite active throughout the year.

Finals placements take place at the completion of the fifth term, or in December or January just before the commencement of the second year of college. The placement season took place in the first week of February this time, however, as a result of the pandemic. The highest package, which may be up to Rs 55 lakhs, and the average, which is about Rs 22 lakhs, are both annual CTC. Since it is a renowned institute, every single student is placed during the hiring process.

Every student is required to do a summer internship, which they get via the Indian Institute of Management, Kozhikode’s summer placement season. Businesses from a variety of industries, such as FMCG, banking and finance, operations, marketing, and analytics, visit the college. Additionally, consulting firms also come.