Highest annual domestic salary offered is Rs.32 lakh

The highest annual domestic salary offered was Rs.32 lakh and international salary was the Indian rupee equivalent of Rs.33 lakh in the final placements for the graduating batch for 2014 at the Indian Institute of Management, Kozhikode (IIM-K), the institute’s authorities said on Wednesday.

This is more than 10 per cent increase in annual compensation figures from the previous year, and 25 per cent increase in the number of offers made per recruiter.

As many as 108 recruiters, including 39 new ones, participated in the placement programme.

The major recruiters this season were Deloitte, Deutsche Bank, Goldman Sachs, and IBM Consulting, which together made 38 offers. New recruiters included EXL Services, Google, Kellogg’s, Phillips, Samsung, and TVS Logistics, among others, an IIM-K spokesman said.

Finance firms

Finance firms made offers to 21 per cent of the batch, with recruiters such as American Express, Citibank, CRISIL, Dell Financial Services, Deutsche Bank, Goldman Sachs, HSBC, ICRA, JPMC, Nomura, and SBI Caps offering roles in corporate finance, investment banking, capital markets, asset management, risk analysis, and global investment research.

Marketing and sales

The marketing and sales domain saw 28 per cent of the batch securing offers in companies such as Airtel, Amul, Arvind Lifestyle, Asian Paints, Bajaj, Emami, GSK Pharma, HUL, ITC, Madura, Marico, Pepsico, Pidilite, Raymond, Tata Steel, Vodafone, and UB Group.

Consulting and general management roles were offered by Cipla, Cognizant Business Consulting, Deloitte, IBM, KPMG, JSPL, L&T, PwC, Ranbaxy, Reliance, RPG, and TAS, among others.

Notable roles in strategy were offered by Anand Bazaar Patrika, Matrimony.com, Mahindra & Mahindra, and Unisys.

Roles in operations were offered by Amazon, Asian Paints, Flipkart, HCCB, ING Vysya Bank, NSE, and TVS Logistics. More than 15 per cent of the batch secured jobs in technology, business intelligence, and allied fields from companies including Accenture, Capgemini, Fidelity Investments, HCL, LatentView Analytics, Mahindra Comviva, Microsoft, TCS, and Wipro.

International offers

More than 25 international offers were made this year, with roles spanning across seven countries. Paramount Computer Systems and NMC Healthcare offered UAE-based marketing and sales roles in information security and healthcare respectively. Kadence International offered front-end roles based in Indonesia, Debashis Chatterjee, Director, IIM-K, and Kulbhushan Balooni, Chairperson (Placements), IIM-K, said.

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