Now that you have finally arrived to find an answer to the classic question of SP Jain vs. IIM Kozhikode. Both SP Jain and IIM Kozhikode are amazing management education institutions and come in Top-10 B-schools of the nation. The flagship program of SP Jain is the Post Graduate Diploma in Management (PGDM), where the candidate is expected to choose their specialization before the start of the program. While that of IIM K is the Post Graduate Diploma in Management (PGDM), which is more general in nature. Another point of difference is that IIM Kozhikode has a higher share of corporate roles offered in the banking, financial services, and insurance sectors. These mainly include roles like Investment banking, wealth management, corporate banking, which are relatively fewer in number at SP Jain. Let us now try to understand things more comprehensively.
SP Jain vs IIM Kozhikode – Brand and Legacy
SP Jain: A prestigious B-school established in 1981 by Bhartiya Vidya Bhawan. It is one of the few colleges with triple crown accreditation – AACSB, AMBA, and EQUIS. SP Jain follows an innovative and socially sensitive approach to management education and research and promotes value-based education. It is one of the tier-1 management education institutions in India imparting world-class education. Further, it is often ranked just below the holy trinity (IIMs A, B, and C). Therefore, there is not much to differentiate from the ones that are ranked around it.
IIM Kozhikode: An autonomous public management institute established in 1996 by the Govt. of India – the fifth IIM to be established. Positioned strongly at the national and global level, IIM-K is also a tier-1 management education institution in India and brings with itself the elusive IIM tag. And, that brand is something too tempting to give up.
SP Jain vs IIM Kozhikode – Location Advantage
SP Jain: Situated in the heart of Mumbai – the business hub of the nation. This gives it an added advantage in terms of networking opportunity, industry and corporate connections, a greater number of guest lectures facilitating more avenues for the candidates to explore.
IIM Kozhikode: It is one of the most scenic campuses across the country. The campus is spread across two hills, which are a part of the Western Ghats. Tagged as God’s own Kampus, it is slightly remote with limited industry exposure on-site but in general, amazing corporate connections as a whole.
SP Jain vs IIM Kozhikode – Alumni Network
SP Jain: Despite a smaller batch size, SP Jain boasts its influential alumni base across domains – consulting, marketing, and finance. Smaller batch size allows more opportunity to network, transforming into strong bonds within and across batches. This allows for more meaningful and accessible connections for SP Jain students facilitating more opportunities.
IIM Kozhikode: This might be one of the top debating aspects of SP Jain vs IIM Kozhikode. Due to a larger batch size, IIM Kozhikode has a larger and more diverse batch. This means a more diverse alumni base across key industries and domains. The IIM tag also allows for more networking options across other IIMs. This ensures that you are more likely to find IIM-K alumni across government, private, and start-up sectors. This is just because of the sheer volume of candidates passing every year from IIM-K.
SP Jain vs IIM Kozhikode – Academic Opportunities & Exposure
SP Jain: Unique pedagogy involving value-based learning and focus on social sensitivity. Initiatives like ADMAP (Assessment and Development of Managerial and Administrative Potential) where students take ownership of various tasks like admissions and public relations to help them build a concrete set of soft skills. Students also immerse in DOOC (Development of Corporate Citizenship) which involves a 5-week rural internship to tackle societal problems in collaboration with NGOs. Abhyudaya is another initiative pertaining to mentoring underprivileged students. All the above provide a holistic learning experience to the candidates. The institution also offers a Global Fast Track (GFT) program to its students. This gives exposure students to international business strategies, innovations and practices. Now, this can be one of the debated aspects of the SP Jain vs IIM Kozhikode question.
IIM Kozhikode: Follows a comprehensive, case-based pedagogy to help the students develop good decision-making skills, critical thinking and strategic acumen. Specialized research centres like Centre for Development of Digital Economy and Centre for Excellence of Social Innovation allows immersive learning experience. Academic rigor is an integral part of the curriculum with top-notch faculty and high quality of management education and research. IIM Kozhikode has partnerships with almost 40 international institutions for academic collaborations and exchange programs.
Join the Largest CAT Preparation Community in India
Placement Reports for 2022 – 24 batch
SP JAIN Research Institute of Management
72 companies participated in the final placements with 33 being first time recruiters. The recorded Highest CTC, Average CTC and Median CTC were 81 LPA, 33 LPA and 31.50 LPA respectively. 70% of the batch secured offers above 30 LPA and 90% of the batch secured offers above 25 LPA. More than 47% batch received PPOs because of SIPs and exceptional performance in case competitions.
| Consulting and IT Consulting | This domain saw admirable growth with 35% of the batch receiving offers from Consulting sector making it the biggest recruitment sector.Key recruiters were Accenture Strategy, Boston Consulting Group, Deloitte, Ernst and Young, Kearney, KPMG. |
| FMCG | This sector saw a boost in number of offers received as compared to previous cohort with 25% of the batch finding recruiters in this sector.Key recruiters were Asian Paints, Colgate Palmolive, Godrej, ITC, HUL, Loreal, Marico, Mondelez, Nestle. |
| Investment Banking, Private Equity, and BFSI | Key recruiters were Axis Bank, Barclays, Goldman Sachs, ICICI Securities, JM Financial, JPMC, Neo Wealth and Nomura. |
| Product Management, IT, and Analytics | Key recruiters like CapGrid, NPCI, PayTM, Intuit, MakeMyTrip, Media.net, American Express, Samsung Research India extended offers to the candidates in product management sector. Recruiters like Bajaj Auto, HUL, Mondelez, P&G and others rolled out offers in the IT domain.A notable increase was observed in total offers in this domain compared to the previous cohort. |
| General Management and Leadership roles | Established conglomerates like Aditya Birla Group, Capgemini ELITE, Tata Administrative Services were among the top recruiters from this sector. |
IIM Kozhikode
A total of 537 candidates have received roles across multiple domains by 156 recruiters, with around 70 of them being first-time recruiters. The recorded Highest CTC and Median CTC were 72.02 LPA and 27 LPA respectively. This might be one of the most-talked aspects of the SP Jain vs IIM Kozhikode debate.
| Consulting | Significant number of offers (33%) rolled across consulting domain with 30.96 LPA being the average CTC.Notable recruiters were Accenture Strategy, Bain, BCG, Deloitte, Everest, EY, KPMG, PwC, Tata Communications. |
| Finance | IIM Kozhikode has established itself as a hub for securing a huge chunk of offers in BFSI sector with 28% of total offers and average CTC of 26.11 LPA.Notable recruiters were Axis Bank, BNP Paribas, Citi Bank, D.E. Shaw, Deutsche Bank, Goldman Sachs and Standard Chartered. Further, Ambit Capital, GEF Capital Partners, Nomura, Pavestone, Piramal Alternatives, offered Front-end Investment Banking and Private Equity / Venture Capital roles |
| General Management | Around 15 companies extended offers to 8% of the batch with an average CTC of 25.96 LPA.Adani, Bajaj Finserv, Capgemini, Disney Star, L’Oreal, Mahindra, Reliance, TAS and Vijaya Diagnostic Centre were the notable recruiters. |
| IT/Analytics | The IT & Analytics domain contributed to 15% of the total offers with an average CTC for this domain of 28.31 LPA.Marquee recruiters like Accenture Technology, American Express, Air India, Amazon, EXL Analytics, HSBC Technology, IndiGo, Media.net, Mercedes Benz, Microsoft, Walmart & Wipro took part in the recruitment. |
| Operations | Operations contributed to 6% of the total offers with an average CTC of 25.42 LPA.Key recruiters were Amazon, Coca Cola, Flipkart, P&G & Uber. |
| Sales and Marketing | 10% of the total offers were extended by S&M domain with an average CTC of 26.12 LPA.Key recruiters were Johnson & Johnson, Meesho, Maruti Suzuki, HUL, ITC, PepsiCo, PhonePe, Pidilite, Reckitt, Samsung, Tata Play, Tata Steel and Vodafone Idea. |
Key takeaways
We can, thus, say for sure that both SPJIMR and IIM Kozhikode are premier institutions with very few differentiating factors. It would be apt to say that the choice one makes is more of a personal preference here. It is surely not from a ranking perspective, or which one of the two is a better affair. What becomes a critical parameter to understand and analyze in such a scenario is what you are seeking from them. It can include a candidate’s objectives, inclination, and tangible and intangible outcomes align more.
SP Jain has an advantage of being in a prime business location which brings more corporate and industry experience. It facilitates more immersive exchange international programs and a value-based education system. SPJIMR slightly edges out IIM Kozhikode in terms of average CTC and often gets top recruiters early. This is usually due to its relatively smaller batch size. On the other hand, IIM Kozhikode has a huge alumni network across the nation. This, in turn, brings in a wider reach across industries and domains and an ever-attractive IIM tag. With IIM Kozhikode, one can look at probable long-term returns because of a more diverse and penetrative alumni base.
