Average salary up by 20%; IIMK closes another successful final placement season for one-year MBA in Business Leadership

Kozhikode :  The Post Graduate Programme in Business Leadership (PGP-BL), the one year residential MBA program, offered by the Indian Institute of Management, Kozhikode witnessed a strong placement season for the graduating batch of 2022. The second batch of PGP-BL achieved 100% placements for participating students in record time. The batch was comprised of a diverse cohort of participants with pre-MBA work experience in varied sectors such as manufacturing, technology, automotive, energy, retail, finance, healthcare, legal services and family business.

The average salary secured by the students stood at INR 29 LPA, an increase of 20.1% over last year, while the median salary secured by the students is INR 25 LPA, an increase of 22.2% over last year. The program attracted the participation of 52 companies which made 62 offers, including 1 international offer, to the 53 participating students. The highest salary offer recorded is for INR 69.3 LPA while the average salary secured by woman participants stood at INR 30.41 LPA.

Congratulating the IIMK placement team Prof. Debashis Chatterjee, Director IIM Kozhikode added “This diverse offering, for a second time running, has proved that IIM Kozhikode’s mission to nurture young professionals with experience into potential business leaders, is on a sound academic and industry footing. The success speaks volumes of their competencies among competition. We are confident that these students will leave an indelible mark in the professional world. The diverse talent pool, support of IIMK’s strong alumni base, trust of the recruitment partners who showed belief in this programme and the legacy of IIM Kozhikode, were factors that stood strong by us and supported the successful process.”

Accenture consulting, Amazon, Atos, Bain & Company, Barclays, Cognizant, Gramener, Hashedin by Deloitte, Infosys consulting, Math Company, Microsoft, Mphasis, Paramount, Publicis Sapient, IBM consulting, Quantiphi, Reliance Jio, Reliance Retail, and Searce were amongst the major recruiters. More than two-third of the cohort were hired for leadership roles such as AVP, senior manager, consultant, product manager, operation manager, and lead business analyst amongst others. The placements season was strongly led by the consulting and technology sector.

Around 42% of the offers were rolled out by the consulting cluster this season, prominent recruiters being Accenture Strategy, Accenture Technology, Bain & Company, IBM consulting, Cognizant,  Infosys consulting , The Math Company,  and Zinnov.

Around 22% of the offers were from the Information Technology & Analytics domain, by companies such as Publicis Sapient , Searce, Gramener , Reliance Jio, HashedIn, Quantiphi, Visualise AI among others.

The holistic pedagogy at IIM Kozhikode continues to be recognised by organizations with over 25% of the offers being made for General Management and Operations roles. The recruiters for these domains include Accenture Operations, Amazon, Atos, Microsoft, Conga, and Reliance Retail.

Sales & Marketing and Finance Roles were offered to 7% and 3% of the Cohort respectively by Barclays, Searce, Whatfix, and Paramount amongst others.

Prof. Qambar Abidi, Placements Chairperson at IIM Kozhikode added, “The increasing success of the Business Leadership programme is a testimony to the faith of our recruitment partners in the high-intensity and holistic curriculum and regimen followed at IIM Kozhikode.”