Average salary up by 31% as IIM Kozhikode wraps up placements

A total of 571 offers were rolled out by 116 companies consisting of conglomerates, multinational companies and new-age startups

The average salary grew by 31.3 per cent to Rs 29.5 lakh per annum (lpa) over the previous year as the Indian Institute of Management Kozhikode (IIMK) concluded the final placement process for its programmes.

The premier business school (B-school) also saw a 32.5 per cent increase in the median salary to Rs 26.50 lpa over last year.

Placing its largest batch size of 546 students, IIMK concluded the process for 24th batch of flagship post graduate programme (PGP) along with the inaugural batches of PGP Finance (PGP-F) & PGP Liberal Studies and Management (PGP-LSM), the two new full time MBA programmes