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IIM-Kozhikode completes summer placements with average two-month stipend of Rs 1.88 lakh

Source | economictimes.indiatimes.com | Sreeradha Basu, ET Bureau

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.

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Source
economictimes.indiatimes.com
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