20% IIM-Kozhikode students compromise on salaries for roles - Mint Water Cooler
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20% IIM-Kozhikode students compromise on salaries for roles

Aparna Kalra - Monday, March 10, 2008 6:50 PM

The Indian Institute of Management in Kozhikode said nearly 20% of its batch has compromised on salaries to get preferred roles. Average domestic salary offered in the just-concluded on-campus recruitment rose 16% to Rs 14.83 lakh per annum compared to a rise of 21% last year. The three big IIMs at Ahmedabad, Bangalore and Kolkata, have yet to declare their final placement reports. IIM Kozhikode aslo reported a flurry of international offers.

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6 Comment

From ritesh

March 10, 2008 10:05 PM
hai, i just gone thru the.............news written my miss aparna kalra.............i just wana say that one shud be aware that being a manager is a profession full of responsibilities.........and istead of writing in just 4 lines about there payout or so she must specify all in n outs wats all going on there........i have sum frnds over there i knw wat all is cookin these days.............am a pilot by profession so knw wat are responsibilities meant........... she seems to be a very senior editor but still...........

From Raj

March 11, 2008 11:21 PM
Godd.......why are the figures so untrue..I pity the state of the journalist who is clueless that she has been fooled...IIM K had a poor placement season this yr..why inflate the avg..potential MBA aspirants are being blinded by the B-schools..

From Rishabh

March 13, 2008 11:04 AM
Hi Raj! Please do not misguide people with your in the air comments. If you have proof regarding the actual salary figures, please back them up with data. I am sure that is what you too are haranguing about. While it is true that the salary figures have a variable component attached to them, it is something which is there for all b-schools, then why single out any particular b-school for that. All b-schools quote the average salary figure inclusive of the variable pay. But this is only because the companies structure their CTCs this way nowadays and most of the people especially the guys from IIMs/XLRI and the likes are expected to and actually are able to earn a major portion of their variable pay. I am sure you cannot discount the quality of students and their ability to slog hard here. While I appreciate your concern for MBA aspirants, I found your comments in bad taste rather than being informative in any way. I will definitely support the cause of revealing the fixed and variable components of the CTC, but then one will have to go very deep into details as every company has a very unique salary structure. I am sure the average MBA aspirant will not be too concerned about that, and their decision to join a particular school will not be altered by this, as all colleges will be more or less on an even keel then also as they are now.

From Lalit Rao

April 8, 2008 12:52 PM
There is a lot of hype about IIMs.It is no wonder that these people have decided to compromise.

From Sushil pandey

June 27, 2008 6:56 PM
iims kozikode is a very good institute to provide edu. in the field of business, but my question is that do this institute make their repo in future bec now a days students have other option to carry their edu. in other fields. which is more cheaper than iims edu.

From Sushil pandey

June 27, 2008 7:02 PM
The news of iims kozhikode students compromise their salary is help to reduce their goodwill in the b.school market in the world

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