The Hindu Business Line : Summer placements for all students of IIM-Kozhikode

Despite anxieties of reduced hiring due to the global economic scenario, 102 firms, both national and international, flocked to the IIM-K campus for the summer recruitment process.

This year the student intake had increased by 42 per cent, a release from the Institute said.

A concerted effort by the faculty, alumni and the placements committee along with strong relations with industry partners ensured that the Class of 2010 had no dearth of offers even in these economically severe times. Students walked away with 14 international offers across various functions and locations such as Singapore, Hong Kong, Germany, Dubai, South Africa and London.

Banks and other financial institutions increased the number of offers as compared to last year. “We were quite impressed by the profiles of the students at IIM Kozhikode,” Mr Sharad Goenka, Sr. Vice President of Corporate Banking at HSBC, said. Some of the other recruiting banks were Citibank, Standard Chartered Bank, American Express, ICICI Bank and Axis Bank.

Investment Banks such as JP Morgan, Deutsche Bank, and Edelweiss Capital were also bullish. Roles in private equity were on offer from Tata Capital and IDG Ventures. A total of 27 per cent of students would intern at finance companies.

There was good participation from the sunrise sectors — with many students opting for internships in Media and Real Estate companies. Sony Entertainment Television, Viacom, Star News, BBC World offered both creative and marketing roles, while Ansal API, Godrej and ABG Infralogistics offered roles in Real Estate.

Interestingly, several students who were interested in learning business hands-on in an entrepreneurial environment chose to do their summer internships at start-ups rather than go to established firms.

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