Kozhikode, Kerala

Indian Institute of Management Kozhikode

by Tanaya Ahirrao April 12, 2024

The 2023 placements have been concluded for IIM Kozhikode's PGP batch along with the second batches of PGP-Finance (PGP-F) and PGP Liberal Studies and Management (PGP-SLM). The latest reports notifies that the highest and median package offered during 2023 placements was INR 67.02 LPA and INR 27 LPA respectively. A total of 123 recruiters participated in the placement drive and presented 559 offers to a batch of 556 students. Some of the top recruiters were- Microsoft, Deloitte, Accenture, Amazon, TCS and Cognizant.

Moreover, PGP BL too secured great placements by bagging the highest package of INR 43.92 LPA and average package of INR 29.23 LPA. The median package given to PGP BL was INR 25 LPA. A total of 50 companies took part in placement process and gave 66 offers to the 2023 PGP BL batch.

All the programs- PGP, PGP-Finance, PGP-LSM and PGP-BL secured 100 % summer internships. The highest stipend offered stood at INR 6.47 lakh per month and the average stipend was INR 2.50 lakh per month.

IIM Kozhikode Placement Report 2023

As per the reports 100 % of the PGP, PGP-F and PGP-LSM were placed in top companies. The highest package offered during 2023 placements stood at INR 67.02 LPA and the average was INR 31.02 LPA. The table below gives comprehensive details regarding 2023 placements-

Number of Recruiters123
Median CTCINR 27 LPA
Mean/ Average CTCINR 31.02 LPA
Highest CTC67.02 LPA
Mean CTC of female students31.93 LPA

The packages secured by top 5, 10 and 20 percentile of students is shown below-


Key points-

  • This year saw recruitment from 36 new recruiters including political consultancies like I-PAC and Nation with Namo.
  • IIM Kozhikode accomplished 100% placements this academic year with 559 offers rolled out by a total of 123 recruiters.
  • There was a 70% increase in the number of offers rolled out in the BFSI domain as compared to the previous year.
  • The number of offers in General Management domain increased by 136% compared to the previous year.

Domain Highlights

A percentage-wise distribution for the number of offers made for different domains is highlighted below-

IIM Kozhikode Placements


A substantial number of consulting offers were extended, comprising 33% of the total, with prominent recruiters like Accenture Strategy, Bain, BCG, Deloitte, Everest, EY, GEP, Infosys Management Consulting, MXV Consulting, PwC, Redseer Consulting recruiting actively participating.

Average CTC34.26 LPA
Highest CTC40.25 LPA


Axis Bank, Citi Bank, Credit Suisse, D.E. Shaw, Deutsche Bank, Goldman Sachs, JP Morgan Chase & Co. and Standard Chartered offered diverse finance roles and recruiters including Ambit Capital,
Equirus, Piramal Alternatives offered front-end Investment Banking roles, comprising 26% of the total offers.

Average CTC27.97 LPA
Highest CTC48.00 LPA

General Management

A diverse range of roles were offered by 20+ companies, collectively accounting for 14% of the total offers. AB InBev, ABGLP, Amazon, Bajaj Finserv, CK Birla, GEP, Haleon, Reliance, Renew Power, TAS, GMM Pfaudler, and Tata Steel were among the companies that extended offers.

Average CTC29.37 LPA
Highest CTC49.00 LPA


The IT & Analytics cluster contributed to 11% of the total offers from a combination of marquee recruiters like American Express, EXL Analytics, Jio Platforms, Mercedes Benz, Microsoft, Optum, Walmart & ZEE Entertainment and a few niche recruiters like HSBC Technology, MakeMyTrip & Tata Play.

Average CTC33.35 LPA
Highest CTC67.02 LPA


Operations contributed to 6% of the total offers among which were prominent recruiters like Amazon, Flipkart & Uber. First-time recruiters, GMM Pfaudler and P&G; extended multiple roles in operations. Some of the other prominent recruiters were Genpact, HPCL, Myntra & PFC.

Average CTC31.09 LPA
Highest CTC49.00 LPA

Sales and Marketing

Sales and Marketing contributed to 10% of the total offers and witnessed an enthusiastic participation from major recruiters such as Asian Paints, BP Castrol, DRL, GE Healthcare, Johnson & Johnson, HUL, ITC, L’Oreal, Marico, PepsiCo, Pidilite, Reckitt, Samsung, and Tech Mahindra.

Average CTC28.29 LPA
Highest CTC34.00 LPA


IIM Kozhikode Placements: Past 3 Year Trends

An improving trend both in terms of average package and median package was observed over a span of three years from 2021 to 2023. Charts representing this trend are as follows-


IIM Kozhikode Summer Internship 2024

IIM Kozhikode received 100% summer internships for all its courses. A total of 122 recruiters visited and 541 students were placed. Insights regarding the Summer Internships 2024 and a comparison with Summer Internships 2023 is drawn in the table below-

ParticularsInternship Statistics 2024Internship Statistics 2023
Students Participated541559
IIM Kozhikode Highest StipendINR 6.47 lakhsINR 3.74 lakhs
IIM Kozhikode Average StipendINR 2.50 lakhsINR 2 lakhs
IIM Kozhikode Median StipendINR 2.50 lakhsINR 2 lakhs
Average Stipend of Female StudentsINR 2.81 lakhsINR 2.28 lakhs
Increase in Highest Stipend73%17%
Increase in Average and Median Stipend25%-
Increase in Average Stipend of Females23%14%

IIM Kozhikode 2023 Placements: Top Recruiters

XiomiYes BankSamsung
MyntraHDFC BankUber

Frequently Asked Questions (FAQs):

How many companies came to campus during 2023 placements?

A total of 123 companies took part in IIM Kozhikode 2023 placements.

What is the highest package offered at IIM Kozhikode?

The highest package for 2023 placements stood at INR 67.02 LPA.

What is the average package offered at IIM Kozhikode?

The average package offered during 2023 placements was INR 31.02 LPA.

Who were the top recruiters that visited IIM Kozhikode campus during 2023 placements?

Capgemini, Amazon, Myntra and Infosys were some of the top recruiters during 2023 placements.

Was there any growth in median and highest package in 2023 placements as compared to previous year?

Yes, the highest package rose by nearly 9% and the median package went up by almost 2% in 2023 as compared with 2022.

IIM Kozhikode has announced the successful conclusion of the Final Placements Process 2022 for students from the 24th batch of PGP as well as the inaugural batches of PGP Finance and PGP Liberal Studies and Management.


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