IIM Kozhikode Placements 2023: A Stellar Year of Achievements

The Indian Institute of Management Kozhikode (IIMK) has once again reaffirmed its position as a premier management institution with its outstanding placements for the batch of 2023. The recently released placement report showcases remarkable achievements, highlighting the institute’s commitment to nurturing future leaders and fostering strong industry connections.

Placement Overview

The placement season for the batch of 2023 witnessed an impressive 100% placement rate, a testament to the institute’s rigorous academic curriculum and holistic development approach. A total of 556 students participated in the placement drive, with 123 recruiters vying for top talents from IIMK. Among these recruiters, 36 were first-time participants, adding to the diversity and breadth of opportunities offered to the students.

Salary Statistics

The placement drive yielded excellent results in terms of compensation as well. The highest package reached an impressive INR 67.02 LPA, while the average package stood at INR 31.02 LPA. The median package was INR 27 LPA. Female students achieved an average package of INR 31.93 LPA, emphasizing the institute’s commitment to gender diversity and inclusivity.

Here’s a comparison of IIM Kozhikode’s salary statistics with other top institutes:

Institute	Highest CTC	Average CTC	Median CTC	No. of Offers
IIM Kozhikode	INR 67.02 LPA	INR 31.02 LPA	INR 27 LPA	556
IIM Ahmedabad	INR 1.15 CPA	INR 34.36 LPA	–	280
IIM Calcutta	INR 1.15 CPA	INR 35.07 LPA	INR 33.67 LPA	573
IIM Lucknow	INR 1 CPA	INR 32.23 LPA	INR 30 LPA	632
IIM Indore	INR 1.14 CPA	INR 30.21 LPA	INR 27.2 LPA	568

Sector-Wise Analysis

The placements spanned across various sectors, each witnessing robust participation from industry leaders. Here’s a sector-wise breakdown of the placements:

Sectors	CTC Offered
Consulting	INR 20 – 45 LPA
BFSI	INR 21 – 40 LPA
Conglomerates	INR 22 – 27 LPA
FMCG	INR 25 – 34 LPA
General Management	INR 23 – 33 LPA
Healthcare & Pharmaceuticals	INR 22 – 25 LPA
IT	INR 20 – 45 LPA
Others	INR 20 – 31 LPA

Top Recruiters

Prominent companies like Amazon, Capgemini, Adani, BCG, Cipla, Deloitte, EXL, EY, Flipkart, HUL, and HDFC Bank were among the top recruiters at IIM Kozhikode. The diverse set of recruiters spanning various sectors underscores the institute’s strong industry connections.

Domain-Wise Placements

The placements were distributed among various domains, with Consulting and Finance emerging as the dominant choices among students. Consulting accounted for 33% of offers, followed by Finance with 26%. Notably, there was a substantial increase of 70% in the number of offers in the BFSI domain compared to the previous year.

Domains	Percentage of Offers	Average CTC	Highest CTC
Consulting	33%	INR 34.26 LPA	INR 40.25 LPA
Finance	26%	INR 27.97 LPA	INR 48 LPA
General Management	14%	INR 29.37 LPA	INR 49 LPA
IT/ Analytics	11%	INR 33.35 LPA	INR 67.02 LPA
Operations	6%	INR 31.09 LPA	INR 49 LPA
Sales & Marketing	10%	INR 28.29 LPA	INR 34 LPA

Year-Wise Trends

Comparing the placement trends over the years showcases IIM Kozhikode’s consistent growth:

Placement Year	Highest CTC	Average CTC
2023	INR 67.02 LPA	INR 31.02 LPA
2022	INR 61.5 LPA	INR 29.5 LPA
2021	INR 46.88 LPA	INR 22.53 LPA

Salary Distribution

Here’s a deeper look into the distribution of salaries within the batch of 2023:

Students	Salary
Top 5%	INR 62.04 LPA
Top 10%	INR 55.19 LPA
Top 20%	INR 48.85 LPA
Remaining 80%	Varies

Conclusion

IIM Kozhikode’s placements for the batch of 2023 stand as a testament to the institute’s commitment to excellence, diversity, and fostering strong industry connections. With a remarkable 100% placement rate, impressive salary statistics, and a wide range of recruiters spanning various sectors, the institute continues to shape exceptional leaders who will drive change and innovation in the corporate world.

IIM Kozhikode PGP Admissions Policy and Procedure for 2023-2025 Batch

The Indian Institute of Management Kozhikode (IIMK) has outlined a comprehensive three-stage selection process for the admission to its Post Graduate Programme (PGP) for the 2023-2025 batch. This meticulous procedure ensures that the most deserving candidates are selected based on a balanced evaluation of their academic performance, aptitude, and diversity.

Stage 1: Registration and Eligibility Criteria

In the initial stage, candidates who have chosen IIM Kozhikode as their preferred institution must meet certain minimum eligibility criteria. Only candidates who score positively (greater than zero) in all sections of the CAT 2022 exam will be considered. Additionally, candidates with a graduation degree must have secured a minimum of 60 percent aggregate marks, while those without a graduation degree should attain a minimum of 50 percent aggregate marks in CA/ICWA/CS. The following table summarizes the minimum eligibility criteria:

Category	CAT Score Percentile	Sectional Percentile	SSC/X Class Percentage*	HSC/XII Class Percentage*
GEN	85	75	60	60
NC-OBC/EWS	75	65	60	60
SC	65	55	55	55
ST/PwD	55	45	55	55

*Aggregate marks from all subjects on the marks sheet or grade sheet are considered.

Stage 2: Shortlisting for WAT and PI

The Stage 2 selection process at IIM Kozhikode is a critical phase where candidates who have successfully completed the registration in Stage 1 are evaluated further for shortlisting. This stage involves the computation of the Aggregate Index Score (AIS), which is a comprehensive evaluation of various components that highlight a candidate’s overall potential. The AIS is derived from specific factors, each carrying a different weightage, contributing to a holistic assessment of the candidate’s profile.

The Aggregate Index Score (AIS) is determined by considering the following components:

Component	Weightage (%)
CAT 2022 Index Score	45%
Class X Percentage Score	25%
Class XII Percentage Score	15%
Gender/Academic Diversity Score	10%
Work Experience Score	5%

The meticulous distribution of weightage among these components ensures a comprehensive evaluation of candidates from various backgrounds. This balanced approach not only assesses academic achievements but also considers diversity and real-world experience. It reflects IIM Kozhikode’s commitment to selecting candidates with a well-rounded skill set, capable of contributing to the institution’s academic community and the business world at large.

Stage 3: Final Shortlist

Shortlisted candidates proceed to Stage 3 where they participate in a Writing Ability Test (WAT) followed by a Personal Interview (PI). The final score is computed using CAT 2022 score, PI score, WAT score, and resume score. A category-wise merit list is generated, and admission offers are extended following Government of India reservation norms.

Reservation Policy

IIM Kozhikode adheres to the Government of India reservation policy for admission to Central Educational Institutions (CEIs).

Key Points and Considerations

• Stage 1 is a pre-interview registration process, not a call for the PI.
• The number of candidates shortlisted for Stage 2 is at IIMK’s discretion.
• Each IIM shortlists candidates based on its criteria.
• Stage 2 shortlists will be posted on the IIMK website around January 2023.
• The final merit list is created based on CAT score, PI, WAT, and resume score.
• The admission process may be amended due to unforeseen circumstances.
• Misrepresentation or suppression of information leads to disqualification.
• Candidates accepting admission offer must pay the required fee.
• Withdrawal process and fee refund follow specific guidelines.

IIM Kozhikode’s PGP admissions process ensures fairness, transparency, and thorough evaluation, ultimately selecting candidates who exhibit academic excellence, diverse backgrounds, and strong potential for future leadership roles.

Fees Structure

The fees for the two-year PGP program at IIM Kozhikode is INR 20,50,000/- (Indian rupees twenty lakh fifty thousand only). The fee is split across the terms as follows:

Term	First Year (in Rs.)	Second Year (in Rs.)
I/IV	4,25,000	4,25,000
II/V	3,00,000	3,00,000
III/VI	3,00,000	3,00,000