IIM Kozhikode secures 100% summer placements beating pandemic blues
Kozhikode: Brushing aside the pandemic’s ripple effect, IIM Kozhikode successfully closed the Summer Placements drive for the 24th Batch of its Post Graduate Program (PGP) and the inaugural batches of PGP Liberal Studies and Management, and PGP Finance, the largest ever batch by Day 3 of Recruitment Week.
Announcing the successful wrap of Summer Placements, Prof. Debashis Chatterjee, Director IIM Kozhikode, said “The ability to secure a broad mandate of offers amidst a challenging business environment brought on by the Covid-19 pandemic is the hallmark of a top B-School. The process was also witness to the largest and the most diverse batch at IIMK and was completely carried out by a virtual placement drive through robust technology, witnessing an encouraging participation from recruiters and through the ever strengthening alumni support in our Silver Jubilee Year. The active involvement and commitment of our students and faculty contributed in receiving appreciation for a seamless transition to the new normal by our recruitment partners.”
This season attracted participation from 144 recruiters who offered internships to 541 students with the highest stipend for two months pegged at Rs 3.2 lakh. The average stipend during the internship period for the cohort is Rs 1.88 lakh and a median of Rs 2 lakh, with the top 50 percent of students securing an average stipend of Rs 2.6 lakh.
Dr Omkumar Krishnan, Placements Chairperson at IIM Kozhikode said, “I'd like to thank our regular recruiters who have bestowed their confidence in IIMK’s talent pool year after year. I am grateful to the alumni, who have always been a pillar of enduring support to the institute particularly in these pandemic times.”