The finance sector is experiencing significant transformation due to technological advancements, changing market dynamics, and regulatory shifts. The latest trends in finance show that the job market has changed considerably. Employers are increasingly looking for candidates who have traditional financial qualifications and demonstrate the ability to adapt to emerging trends in finance roles.

Indian Institute of Management Kozhikode (IIMK) has launched a Postgraduate Programme in Finance (PGP-Finance) to enhance business education. This program aims to provide candidates with the essential skills to drive growth in the financial services industry with an MBA in Finance.

This blog will provide a detailed overview of the IIM K PGP Finance Program to help you understand the course offerings and career prospects in the financial sectors after completion.

What are the unique course offerings?

Indian Institute of Management Kozhikode (IIMK), Post Graduate Programme in Finance (PGP-Finance)

The PGP-Finance program is a comprehensive two-year master’s curriculum designed to prepare students for careers in various finance areas, such as corporate finance, investment banking, and wealth management. Developed with input from industry stakeholders, this program addresses the demand for skilled finance professionals in India and South Asia. Its mission is to cultivate trustworthy, experienced, and ethical experts well-versed in contemporary finance models and methodologies. 

IIM K PGP Finance program has six terms. The first year focuses on fundamental finance topics and requires students to complete 54 credits. After this year, students are expected to participate in a six—to eight-week summer internship, a key component of the academic experience. 

During the second year, the focus of the MBA Finance subjects shifts to more advanced courses and electives, accounting for 48 credits. IIM K PGP- Finance students are required to complete a minimum number of Finance credits as a mandatory requirement. A list of the available electives will be provided for students to choose from, which is given below.

IIM K PGP Finance  Electives List

These elective subjects meet industry requirements, preparing students for the core financial sector.

International Immersion

The IIM K PGP-Finance program also includes a week-long international immersion designed to expand participants’ perspectives and offer a global outlook. Completing this immersion is a requirement for earning the degree. Participants are responsible for their travel, lodging, and associated costs related to the program.

Shaping Careers: Opportunities for IIM K PGP-Finance Graduates

At IIMK, summer internships and final placements for the PGP, PGP—FIN, and PGP—LSM programs are integrated, resulting in a comprehensive placement report from the committee. This report highlights the companies, roles available, and average salary packages for all three programs.

• The placement process saw participation from a total of 537 students, with engagement from more than 156 recruiters for the class of 2024. 
• Over 70 new recruiters participated this year, hiring graduates across various sectors.
• The highest Cost to Company (CTC) has risen from 67.02 LPA to 72.00 LPA, particularly within finance and consulting, where maximum salary packages have seen an upward trend. 
• Additionally, there has been a noticeable increase in the number of Finance and IT/analytics offers.

Overview of the CTC Offerings

Final 2024 Domain Placement Highlights

In the General Management sector, a range of roles was provided by over 15 companies, amounting to 8% of total job offerings. Prominent firms included Adani, Airtel, Bajaj Consumer Care, Capgemini, and Reliance. Over 15 companies provided in the general management sector, accounting for

The IT and Analytics sector contributed 15% of job offers, featuring esteemed recruiters like Accenture Technology, Amazon, and Microsoft. Many of these offers were focused on Product Management positions.

Operations accounted for 6% of the total offers, with key players like Amazon and Coca-Cola actively recruiting. New companies like Apitoria and P&G also opened up several roles within this sector alongside established firms like Tata Steel and Diageo.

Sales and Marketing made up 10% of the offers, with major corporations such as HUL, Johnson & Johnson, and Samsung extending job opportunities to graduates.

Emerging Finance Market Trends: Career Prospects

India has become increasingly important in global supply chains due to its potential as a manufacturing center, vast pool of technology professionals, and robust digital public infrastructure. Despite a general downturn in global venture capital funding, India remains an important region to observe.

According to talent platform Foundit (formerly known as Monster APAC & ME), the job market in India is projected to expand by 9% by 2025, driven by key sectors such as information technology, retail, telecommunications, banking, financial services, and insurance (BFSI). Hiring in finance and accounting is anticipated to increase by 8%, while human resources is likely to see a rise of 7%. This growth reflects a greater emphasis on digital tools, regulatory compliance, diversity, and enhancing employee experiences. This presents a promising opportunity for IIM K PGP Finance graduates to meet the rising demand for specialised skills in the finance industry.