Kochi: Indian Institute of Management (IIM) Kozhikode on Tuesday said over 100 firms, including global power house brands like Deutche bank, Citibank, softdrinks majors, multi- national companies (MNC) and even a top tier Indian Premier League (IPL) team, have made summer internship offers to 343 students of its flagship post graduate programme.
In the two year programme, after the first year, every student has to undertake 8 week internship in an organization. This is the first time that all the students have received offers with stipends, professor G. Sridhar, placement chairperson, told the news agency.
The institute said it has successfully completed the summer placements process for the 15th batch of the PGP. The process saw 100 firms, including over 35 new companies participating. Many of the firms made a record number of offers, the highest over several years, reaffirming the status of the college as a premier institution of global repute, he said.
The first-time recruiters were impressed by the academic excellence and rigor of the curriculum and the diverse talent pool available at IIM Kozhikode. One of India’s most admired and trusted company that participated for the first time, was amazed by the quality of students and went ahead to make the largest number of offers in their history of recruiting across all campuses, he said.
Management students. Photo: Bloomberg
Several first time recruiters from across verticals like TAS, CLSA, Societe Generale, Amazon, Avalon Consulting, Macquarie Capital, Yahoo, Dabur, RPG Group, Mentor Graphics, Dawn Consulting, Ittiam systems, UAE Exchange & Herbz were appreciative of the talent on offer and offered senior roles at foreign locations like Hong Kong, London & Dubai.
Global powerhouse brands like HUL, Reckitt Benckiser, Nomura, Deutche Bank, Citibank, HSBC, Deloitte Consulting, JPMorgan Chase, Johnson & Johnson, PepsiCo, Hindustan Coca-Cola Beverages and Standard Chartered Bank continued their strong association with IIM Kozhikode by recruiting in large numbers.
Some of India’s most well known MNCs like ITC, Asian Paints, Reliance Industries, Axis Bank, Mahindra & Mahindra & Cognizant also participated in the summer placements process where many students opted to do their internships over other global MNCs.
Many of India’s well known conglomerates participated in the process offering roles in operations & general management across their group companies. Mahindra & Mahindra, Reliance Industries, TAFE, L&T, Jindal Steel, GMR offerred varied roles from Infrastructure, hospitality & manufacturing including a role in sports management with the IPL team and a project on improving productivity at India’s finest Airport.
Three students have opted for the IPL team offer.
“We cater to non-profit organizations and media companies and we do not look only at business organization”, Professor Sridhar said. This would enable students to get an exposure to general management, business, non business and other verticals.
FMCG companies attracted the largest talent with companies like HUL, ITC, Marico, Reckitt Benckiser, Pepsico, Asian Paints, Johnson & Johnson, Kellogs, Heinz, Perfetti, Hindustan Coca-Cola Beverages, Dabur and Brittania making a large number of offers.
Investment banks and other financial institutions lapped up 25% of the batch and made a higher number of offers as compared to last year despite concerns over recessionary trends appearing in European markets. Participation of the likes of Deutche Bank, JP Morgan Chase, Nomura, Macquarie Capital, American Express, Standard Chartered Bank, HSBC, Citibank, Goldman Sachs, Edelweiss ensured that there was no dearth of opportunities for students aspiring to a career in finance, he said.
In addition to the roles offered in asset management, equity markets & investment banking, Indian banking majors like ICICI & Axis offered commercial banking opportunities allowing students to choose between several different areas of specialization. Companies like the L&T group, UST and Prism offered roles in corporate finance, payments enablement and other emerging areas in the finance vertical.
Strategy and business consulting, one of the most sought after areas in recent times, showed its growing emergence with a large number of students taking up roles in this vertical.
Several students chose to break the mould and preferred to take up roles in emerging sectors like media, sports management, non government enterprise, healthcare, online commerce and advertising.