Kolkata: IIM Kozhikode has completed summer placements for the 24th batch of its post graduate program (PGP) and the inaugural batches of PGP Liberal Studies and Management, and PGP Finance.

Around 144 recruiters offered internships to 541 students with the highest stipend for two months pegged at Rs 3.2 lakh. The average stipend is Rs 1.88 lakh and a median of Rs 2 lakh, with the top 50% of students securing an average stipend of Rs 2.6 lakh.

Accenture Strategy, Amazon, Asian Paints, Boston Consulting Group, Citibank, Deloitte USI, Flipkart, Goldman Sachs, JP Morgan Chase, Microsoft, PwC and TAS extended an aggregate of 146 offers to around 27% of the batch.

“The process was also witness to the largest and most diverse batch at IIMK and was completely carried out by a virtual placement drive, witnessing encouraging participation from recruiters and alumni support in our silver jubilee year,” said Debashis Chatterjee, director, IIM Kozhikode.

A key highlight of this year’s virtual placement season was participation from front end investment banking and private equity/venture capitalists, as well as e-commerce companies. Offers in these domains doubled year-on-year as compared to the previous season.

Sales and Marketing contributed 26% of offers on campus and saw participation from firms like Asian Paints, Bajaj Auto, Colgate Palmolive, HUL, ITC, Pidilite, Reckitt Benckiser, Samsung and Vodafone Idea among others. More than 18% of the students were offered internships in the consulting domain, with Accenture Strategy, Boston Consulting Group, Deloitte India, Deloitte USI, GEP, PwC and others among the prominent recruiters.

In the BFSI domain, offers came from Axis Bank, Citi Bank, Credit Suisse, DE Shaw, Deutsche Bank, Goldman Sachs, HSBC, JP Morgan Chase, Nomura, The RainMaker Group and The Rohatyn Group among others, while students in the IT and Analytics domain bagged offers from American Express, Amazon, Google, Microsoft, MX Player, Walmart Labs and in-house divisions of companies like Asian Paints and HUL.

The Operations domain witnessed participation from the likes of Amazon, Asian Paints, Blackbuck, Flipkart, Uber, alongside new recruiters such as Bounce.

Major conglomerates and business houses including AbInBev, Capgemini, Coca Cola, Mahindra, RPG Group and TAS offered leadership development and general management roles to 13% of the students.

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