Economy

Over 100 cos offer summer placements at IIMK

Our Bureau Kozhikode | Updated on November 07, 2011

IIM KOZHIKODE

FMCG sector major draw among students

The summer placements process at the Indian Institute of Management, Kozhikode (IIMK), saw more than 100 companies offering internships across various verticals to all the 343 students of the 15th batch of the flagship Post Graduate Programme.

The placements were the highest in the sales and marketing vertical with around 30 per cent of the students opting for it, followed by finance (25 per cent), consulting (20 per cent), general management (15 per cent) operations (five per cent) and IT and HR (five per cent). More than 35 companies were participating in the process at the institute for the first time, according to the IIMK Media Cell.

First timers like TAS, CLSA, Societe Generale, Amazon, Avalon Consulting, Macquarie Capital, Yahoo, Dabur, RPG Group, Mentor Graphics, Dawn Consulting, Ittiam Systems, UAE Exchange and Herbz offered senior roles at foreign locations Hong Kong, London and Dubai.

In the sales and marketing vertical, the FMCG sector attracted the largest number of students with companies such as HUL, ITC, Marico, Reckitt Benckiser, PepsiCo, Asian Paints, Johnson & Johnson, Kellogg, Heinz, Perfetti, Hindustan Coca-Cola Beverages, Dabur and Brittania making good offers. Besides, Bharti Airtel in the telecommunications sector; GSK Pharma and Medtronics from the pharmaceuticals sector; and Titan and Wilderaft from fashion and lifestyle also offered roles in the marketing vertical.

In the finance vertical, investment banks and other financial institutions made a higher number of offers than last year despite concerns over recessionary trends felt in the European markets. The offers, covering asset management, equity markets and investment banking, came from entities such as Deutche Bank, JP Morgan Chase, Nomura, Macquarie Capital, American Express, Standard Chartered Bank, HSBC, Citibank, Goldman Sachs and Edelweiss. Also Indian banking majors such as ICICI Bank and Axis Bank offered commercial banking opportunities to the students.

Strategy and business consulting, one of the most sought-after verticals in recent times, was another area where a large number of students accepted offers from recruiters such as Deloitte Consulting, Cognizant Business Consulting, Nodwin, Wipro Consulting and MindTree. This apart, business development and IT consulting roles were also in demand with companies such as Infosys, TCS, Aricent, Genpact and Wipro making offers in the segment.

Published on November 07, 2011

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