IIM Indore Placements 2024: Highest Package: INR 1 Crore & Average Package: INR 25.68 LPA
IIM Indore Placements 2024: Highest Package: INR 1 Crore & Average Package: INR 25.68 LPA
IIM Indore successfully placed all students from its PGP and IPM batch of 2024. Over 150 recruiters participated, offering a diverse range of opportunities for the graduating batch. The highest package offered stood at INR 100 LPA. The average package saw a decrease compared to the previous year, settling at INR 25.68 LPA. The maximum number of offers were offered by the Consulting cohort (25%) followed by the Finance cohort (19%).
IIM Indore Summer Internship Placements 2024 reports are released. A total of 140 recruiters, with 55 new recruiters visited the campus to provide internship opportunities to the batch of 606 students. IIM Indore highest stipend stood at INR 6 lakhs and IIM Indore average stipend stood at INR 2.74 lakhs. IIM Indore witnessed a 50% increase in the highest stipend and a 37% increase in the average stipend.
Table of Content
- IIM Indore Placements 2024 Report
- IIM Indore Placements 2024 Report
- IIM Indore Placements 2024 Top Recruiters
- IIM Indore Placements Sector Wise Analysis 2023
4.1 IIM Indore Consulting Sector Placements
4.2 IIM Indore Finance Sector Placements
4.3 IIM Indore General Management / HR / Operations Sector Placements
4.4 IIM Indore IT / Analytics Sector Placements
4.5 IIM Indore Sales & Marketing Sector Placements
- IIM Indore Placements 2023 Average Package
- IIM Indore Placements 2023 Highest Package
- IIM Indore Placements 2023 Domain Wise
- IIM Indore Placements 2023 Roles Offered
- IIM Indore Placements 2023 Batch Profile
- IIM Indore PGPHRM Placements 2023
- IIM Indore EPGP Placements 2023
- IIM Indore Placements 2023 Year Wise Trend
- IIM Indore Summer Internship Placements 2024
- IIM Indore PGPHRM Summer Internship Placements 2024
- IIM Indore Alumni Network
- IIM Indore Placement FAQs
IIM Indore Placements 2024 Report
The 2024 placement report of PGP and IPM programs is as follows:
| Particulars | Placement Statisitcs (2022-24) | Placement Statistics (2021-23) |
|---|---|---|
| Batch Size | 594 | 568 |
| Total Recruiters | 150 | 160 |
| New Recruiters | 50 | 80 |
| Highest Package | INR 1 Crore | INR 1.14 Crore |
| Average Package | INR 25.68 LPA | INR 30.21 LPA |
| Median Package | INR 24.5 LPA | INR 27.2 LPA |
| Top Recruiting Domains | Consulting | Consulting |
| Top Recruiters | HDFC Bank, Pwc India, ICICI Bank, Navi, Ola Electric | Accenture Strategy, Acuvon Consulting, Aspect Ratio, Avalon Consulting |
The placement statistics of some of the top B-schools are mentioned below:
| Institute Name | Highest CTC | Average CTC | Median CTC |
|---|---|---|---|
| IIM Indore | INR 1.14 CPA | INR 30.21 LPA | INR 27.2 LPA |
| IIM Rohtak | INR 36 LPA | INR 18.73 LPA | INR 17.5 LPA |
| IIM Kozhikode | INR 67.02 LPA | INR 31.02 LPA | 27 LPA |
| IIM Lucknow | INR 1 CPA | INR 32.23 LPA | INR 30 LPA |
| IIM Shillong | INR 71.30 LPA | INR 26.96 LPA | INR 26.09 LPA |
IIM Indore Placements 2024 Sector Wise
The following table represents the sector wise placements for the batch 2024 at IIM Indore:
| Sectors | Percentage of Offers |
|---|---|
| Consulting | 25% |
| Finance | 19% |
| Sales & Marketing | 19% |
| IT / Analytics | 12% |
| General Management / HR / Operations | 25% |
IIM Indore Placements 2024 Top Recruiters
Some of the prominent recruiters who visited the IIM Indore campus to hire the PGP and IPM students are as follows:
IIM Indore Placements Sector-wise Analysis 2023
As per the Information collected by Collegedunia, IIM Indore highest package was recorded at INR 1.14 CPA. 160 Top Recruiters and 80+ New Recruiters took part in the placement drive. The following table represents the sector wise analysis for IIM Indore Placements 2023:
| Sectors | CTC Range |
|---|---|
| Consulting | 17 - 45 |
| Finance | 14 - 35 |
| General Management / HR / Operations | 12 - 1.25 Cr |
| IT / Analytics | 20 - 33 |
| Sales & Marketing | 16 - 64 |
IIM Indore Consulting Sector Placements
IIM Indore Consulting Sector Placements for batch 2023 is tabulated below:
| Company | CTC (LPA) |
|---|---|
| Accenture | 35 - 45 |
| Acuvon Consulting | 17 |
| Avalon Consulting | 22 - 23 |
| Bain & Company | 21 |
| BCG | 36 - 38 |
| Deloitte USI | 24 - 28 |
| Everest Group | 27.5 |
| EY | 21 - 24 |
| GEP Worldwide | 24 |
| HCL | 19 |
| Kearney | 26 |
| KPMG | 25 |
| Mckinsey | 20 - 21 |
| PwC US Advisory | 20 - 25 |
| RedSeer Consulting | 23 - 25 |
| Samagra | 25 - 30 |
IIM Indore Finance Sector Placements
IIM Indore Finance Sector Placements for batch 2023 is tabulated below:
| Company | CTC (LPA) |
|---|---|
| 03 Capital | 35 |
| BlackRock | 25+ |
| CITI Bank | 25 - 28 |
| DE Shaw | 32 |
| Delhivery | 26 |
| Edelweiss | 26 |
| ICRA | 14 - 17 |
IIM Indore General Management / HR / Operations Sector Placements
IIM Indore General Management / HR / Operations Sector Placements for batch 2023 is tabulated below:
| Company | CTC (LPA) |
|---|---|
| Adani Group | 23 |
| African Industries Group | 50 |
| AM / NS | 12 - 15 |
| Crisil | 17 - 20 |
| Flipkart | 23 - 26 |
| Genpact | 19 - 24 |
| HSBC | 24 |
| ICICI Bank | 17 - 20 |
| Indegene | 18 |
| Jio Platforms | 26 - 31 |
| DCM Shriram | 18 - 20 |
| Tata AIA | 19 |
| Trident Group | 1.15 Cr |
| WNS | 22 - 25 |
IIM Indore IT / Analytics Sector Placements
IIM Indore IT / Analytics Sector Placements for batch 2023 is tabulated below:
| Company | CTC (LPA) |
|---|---|
| American Express | 28 - 33 |
| EXL Analytics | 28 |
| GE | 22 |
| LatentView | 20 - 24 |
| Optum | 26.2 |
| Samsung | 25 |
IIM Indore Sales & Marketing Sector Placements
IIM Indore Sales & Marketing Sector Placements for batch 2023 is tabulated below:
| Company | CTC (LPA) |
|---|---|
| Atomberg Technologies | 20 - 22 |
| Bajaj Auto | 25 - 28 |
| Dr. Reddy's Laboratories | 22.5 |
| Haleon | 25 |
| HUL | 34 |
| IBM | 25 - 30 |
| Infosys | 16 - 24 |
| PepsiCo | 25 |
| Reckitt | 25 - 27 |
| ReNew Power | 20 - 22 |
| Tolaram | 64 |
IIM Indore Average Package 2023
IIM Indore average package stood at INR 30.21 LPA for the PGP & IPM batches, INR 22.6 LPA for the PGPHRM batch & INR 27.8 LPA for the EPGP batch. The below table will show you the year-wise comparison of the average packages:
| Courses | 2023 | 2022 |
|---|---|---|
| PGP & IPM | INR 30.21 LPA | INR 25.01 LPA |
| PGPHRM | INR 22.6 LPA | INR 20.3 LPA |
| EPGP | INR 27.8 LPA | INR 25.9 LPA |
- PGP & IPM average package increased by 20.8% as compared to the previous year.
- PGPHRM average package increased by 11%.
- EPGP average package also increased by 7.3%.
The average package of IIM Indore increased from INR 25.01 LPA in 2022 to INR 30.21 LPA in 2023.The below table shows the year-wise average package trend of IIM Indore:
| Placement Year | Average Package |
|---|---|
| 2023 | INR 30.21 LPA |
| 2022 | INR 25.01 LPA |
| 2021 | INR 23.6 LPA |
| 2020 | INR 22.92 LPA |
IIM Indore Highest Package 2023
IIM Indore highest increased from INR 49 LPA in 2022 to INR 1.14 CPA in 2023. The below table will show you the year-wise highest package trend of IIM Indore:
| Placement Year | Highest Package Offered |
|---|---|
| 2023 | INR 1.14 CPA |
| 2022 | INR 49 LPA |
| 2021 | INR 56.8 LPA |
| 2020 | INR 50 LPA |
IIM Indore Placements 2023 Domain-wise
During IIM Indore Placements 2023, the highest number of offers came from the Consulting domain followed by the General Management, HR & Operations domains. The below table represents the domain-wise statistics of IIM Indore Placements 2023:
| Domains | Percentage of Offers |
|---|---|
| IT/ Analytics | 16% |
| Sales & Marketing | 18% |
| Consulting | 29% |
| Finance | 18% |
| General Management, HR & Operations | 19% |
IIM Indore Placements 2023 Job Roles Offered
Some of the roles offered to the IIM Indore PGP and IPM students in various domains are as follows:
| Domains | Roles Offered |
|---|---|
| IT/ Analytics | Bid Management, Cloud Services, Digital Application Operations, Digital Innovation, Digital Journey Owner, Digital Project Management, and Product Development. |
| Sales & Marketing | Account Management, B2B Sales, Brand Management, Category Management, Digital Marketing, Growth Marketing, Institutional Sales, Pre Sales, and Product Marketing |
| Consulting | BFSI, Deal Strategy, Digital Transformation, Enterprise Strategy, IT Transformation, M&A, Operations Transformation, Private Equity, Products & Platforms Strategy, Research & Advisory, Risk & Financial Advisory, Business Restructuring, Strategy & Business Optimation, and Technology Consulting. |
| Finance | Asset Management, Corporate Banking, Counterparty Risk, Credit Risk, Equity and Derivatives Trading, Equity Research, Financial Advisory, Financial Reporting, Financial Strategy & Operations, Fund Advisory, Investment Banking, Insurance Strategy, Portfolio Management, Pricing, Risk Management & Underwriting, Tax, Trade Finance, and Treasury & Trade Solutions. |
| General Management, HR & Operations | Business Strategy & Planning, Corporate Strategy, DealExecution, HR Consulting, Import Operations, Investor Relations, Process and Operations Excellence, Project Management, Service Operations, and Supply Chain Analytics & Transformation |
IIM Indore Placements 2023 Batch Profile
You can check the details of the MBA and the IPM batch placed in 2023 placements in the below mentioned table:
| Particulars | Batch Profile |
|---|---|
| Total MBA Students | 470 |
| Total Dual Degree Students | 98 |
| Percentage of Male Students (MBA) | 65% |
| Percentage of Female Students (MBA) | 35% |
| Percentage of Male Students (Dual Degree) | 73% |
| Percentage of Female Students (Dual Degree) | 27% |
| MBA Students with Work Experience | 53% |
| Average Work Experience of MBA Candidates | 21 months |
| MBA Students from Premier Institutes (IITs/ NITs/ BITs/ etc) | 23% |
- There were a total of 470 MBA students and 98 IPM students, during the 2023 placements.
- There were 65% of male students and 35% female students in the MBA batch 2021-23. And in the IPM batch, there were 73% male students and 27% female students.
- Among the whole MBA batch, 53% of the students have experienced of average 21 months.
- Around 23% of the students graduated from premier institutes like IITs, NITs, and BITs.
IIM Indore Placements 2024 Top Recruiters
Some of the prominent recruiters who visited the IIM Indore campus to hire the PGP and IPM students are as follows:
IIM Indore PGPHRM Placements 2023
The below table shows the highlights of IIM Indore PGPHRM Placements 2023:
| Particulars | PGPHRM Placements Statistics (2023) |
|---|---|
| Batch Size | 38 |
| Recruiters | 20 |
| Highest Package | INR 34.5 LPA |
| Average Package | INR 22.6 LPA |
| Median Package | INR 22.2 LPA |
| Average Package of Top 25% | INR 27.6 LPA |
| Average Package of Top 50% | INR 25.4 LPA |
| Increase in Average Package | 11% |
| Top Recruiters | Hero Fincorp, ICICI Bank, Kotak Mahindra Bank, Deloitte USI, EXL Service, Capgemini, Willis Towers Watson, etc. |
IIM Indore PGPHRM Placements 2023 Batch Profile
The details of the PGPHRM batch 2022-23 are as follows:
| Particulars | Batch Profile |
|---|---|
| Batch Size | 38 |
| Percentage of Male | 64% |
| Percentage of Female | 36% |
| Percentage of Freshers | 60% |
| Percentage of Experienced Students | 40% |
| Average Work Experience of Students | 17.5 months |
| Candidates from Premier Institutes | 55% |
- The PGPHRM batch 2021-23 had a total of 38 students and among them, 64% were male students and 36% was female students.
- Around 60% of the students were freshers and 40% were experienced with an average of 17.5 months of experience.
- 55% of the PGPHRM students graduated from premier institutes like IITs, NITs, and BITs.
IIM Indore PGPHRM Placements 2023 Top Recruiters
Some of the prominent recruiters who visited the IIM Indore campus to hire the PGPHRM students are as follows:
IIM Indore EPGP Placements 2023
The below table shows the highlights of IIM Indore EPGP Placements 2023:
| Particulars | EPGP Placement Statistics (2023) |
|---|---|
| Students Participated | 57 |
| Students Placed | 48 |
| Students Opted Out | 9 |
| Total Recruiters | 68+ |
| New Recruiters | 27 |
| Roles Offered | 160+ |
| Highest Package | INR 43.9 LPA |
| Average Package | INR 27.8 LPA |
| Median Package | INR 30 LPA |
- EPGP highest package stood at INR 43.9 LPA for the EPGP batch.
- EPGP average package stood at INR 27.8 LPA for the EPGP batch, showing a 5% increase from the previous year.
- The median package stood at INR 30 LPA, showing a 27% increase from the previous year.
- The average package of the students increased by 78% and the median package increased by 108% after completing the EPGP program at IIM Indore.
- Top 25% average package stood at INR 34.8 LPA.
- Top 50% average package stood at INR 32.8 LPA.
- The average pockage of the female students stood at INR 28.9 LPA.
IIM Indore EPGP Placements 2023 Domain-wise
The percentage of offers made to the EPGP students in various domains are as follows:
| Domain | Percentage of Offers |
|---|---|
| IT/ Operation/ SCM | 35% |
| Consulting | 19% |
| Product Management | 19% |
| Finance | 17% |
| General Management | 8% |
| Sales & Marketing | 2% |
During the 2023 placement of EPGP students, most of the offers were made in IT/ Operation/ SCM domain with 35% of offers, followed by Consulting and Product Management with 19% of offers in each domain.
IIM Indore EPGP Placements 2023 Batch Profile
The batch profile of EPGP batch 2022-23 are as follows:
| Particulars | Batch Details |
|---|---|
| Total Batch Size | 57 |
| Percentage of Male | 84% |
| Percentage of Female | 16% |
| Average Work Experience | 8.9 years |
| International Experience | 24% |
| IIT, NIT, BITS | 17% |
| Certifications Persued | PMP, CII, CSPO, CFI, 6 Sigma lean, etc, AWS Cloud Practitioner, and Microsoft Azure Fundamentals |
- The EPGP batch 2022-23 had a total of 57 students and among them, 84% were male students and 16% were female students.
- The average work experience of the EPGP students was 8.9 years and around 24% of the batch had international experience.
- The EPGP batch had around 17% of the students from premier institutions like IIT, NIT, and BIT, and they also had additional certifications like PMP, CII, CSPO, CFI, 6 Sigma lean, etc, AWS Cloud Practitioner, and Microsoft Azure Fundamentals.
IIM Indore EPGP Placements 2023 Top Recruiters
Some of the prominent recruiters who visited the IIM Indore campus to hire the EPGP students are as follows:
IIM Indore Summer Internship Placements 2024 Report
The summer internship placement data of PGP and IPM batch passing at 2024 are as follows:
| Particulars | Internship Statistics (2024) | Internship Statistics (2023) |
|---|---|---|
| Batch Size | 606 | 573 |
| Total Recruiters | 140 | 150+ |
| New Recruiters | 55+ | 30+ |
| Highest Stipend | INR 6 lakhs | INR 4 lakhs |
| Average Stipend | INR 2.74 lakhs | INR 2 lakhs |
| Median Stipend | INR 2.70 lakhs | INR 2 lakhs |
| Top Recruiting Domain | Consulting | Sales & Marketing |
| Top Recruiters | Boston Consulting Group, Deloitte India, Deloitte USI, Everest Group, EY India, GEP Worldwide, Kearney, KPMG, etc. | AB InBev, Asian Paints, Atomberg Technologies, Coca-Cola, Dabur, Dr. Reddy's Laboratories, Everest Industries, etc. |
- IIM Indore Summer Internship Placements 2024 recorded 100% placements.
- The highest stipend stood at INR 6 lakhs, which is 50% more than the previous year.
- The average stipend stood at INR 2.74 lakhs, which is 37% higher than the previous year.
- The median stipend stood at INR 2.70 lakhs showing a 35% increase in the median stipend.
- Top 100 average stipend increased by 36.13% to INR 4.22 Lakhs.
- Top 200 average stipend increased by 40.36% to INR 3.86 Lakhs.
IIM Indore Summer Internship Placements 2024 Domain-wise
The percentage of offers made in various domains during the 2024 summer-internship placements are as follows:
| Domains | Percentage of Offers |
|---|---|
| Consulting | 25% |
| Sales & Marketing | 23% |
| General Management, HR & Operations | 21% |
| Finance | 16% |
| IT/ Analytics | 15% |
Most of the offers were made in the Consulting domain with 25% of offers, followed by the Sales & Marketing domain with 23% of offers, and the General Management, HR & Operations with 21% of offer.
IIM Indore Summer Internship Placements 2024 Job Roles Offered
Some of the roles offered in various domains during the summer internship placement 2024 are as follows:
| Domains | Roles Offered |
|---|---|
| Consulting | AI Transformation, Business Model Strategy, Cyber Strategy, Digital Transformation, Enterprise Strategy, Financial Advisory, Growth and Pricing Strategy, M&A, IT Strategy, Performance Improvement, Research and Advisory, and Strategy & Business Optimization. |
| Sales & Marketing | Account Management, Brand Management, B2B Sales, Modern Trade, Product Marketing, Sales Planning, E-commerce, Category Management, Channel Management, Digital Marketing, and Growth & Retention marketing. |
| General Management, HR & Operations | Business Strategy, Cost Optimization, Founder's Office, HR Consulting, Investor Relations, Operations Management, Project Management, Quality & Process Excellence, and Supply Chain Management. |
| Finance | Asset Management, Corporate Banking, Compliance, Counterparty Risk, Credit Risk, Equity and Derivatives Trading, Equity Research, Financial Reporting, Financial Strategy and Operations, Investment Banking, Pricing, Private Equity, Risk Governance, Trade Finance, Tax, Treasury & Trade Solutions, and Venture Capital. |
| IT/ Analytics | Product Management, Program Management, Business Analytics, Bid Management, Cloud Platforms, Digital Journey Owner, Healthcare Analytics, IT Transformation, and Product Development. |
IIM Indore Summer Internship Placements 2024 Batch Profile
The batch profile of IPM and PGP batch 2022-24 are as follows:
| Particulars | Batch Profile |
|---|---|
| Total MBA Students | 508 |
| Total IPM Students | 98 |
| Percentage of Male Students (MBA) | 68% |
| Percentage of Female Students (MBA) | 32% |
| Percentage of Male Students (Dual Degree) | 67% |
| Percentage of Female Students (Dual Degree) | 33% |
| MBA Students with Work Experience | 55% |
| Average Work Experience of MBA Students | 21 months |
| MBA Students from premier institutes (IITs/ NITs/ BIT/ etc) | 28% |
- A total of 606 students appeared for the summer internship placement 2024, among them 508 were the MBA students and 98 were IPM students.
- There are 68% of male students and 32% of female students in MBA. Also in the IPM batch, there are 67% of male students and 33% of female students.
- Around 55% of the students are with work experience with an average work experience of 21 months.
- Around 28% of the students have graduated from premier institutions like IIT, NIT, and BIT.
IIM Indore PGPHRM Summer Internship Placements 2024
The summer internship placement of PGPHRM batch 2022-24 are as follows:
| Particulars | PGPHRM Internship Placement Statistics (2024) |
|---|---|
| Recruiters | 15+ |
| Highest Stipend | INR 3.2 lakhs |
| Average Stipend | INR 2.2 lakhs |
| Median Stipend | INR 2 lakhs |
| Top 25% | INR 2.7 lakhs |
| Top 50% | INR 2.4 lakhs |
| Increase in Average Stipend | 22% |
| Top Recruiters | Aditya Birla. AON, BLS, Capgemini, Deloitte, etc. |
IIM Indore PGPHRM Summer Internship Placements 2024 Batch Profile
The batch profile of PGPHRM batch 2022-24 are as follows:
| Particulars | Batch details |
|---|---|
| Percentage of Female Candidates | 97% |
| Students with Work Experience | 52% |
| Average Work Experience | 16.5 months |
| Sector of Work Experience | Consulting, Auditing, Retail, IT/ ITES/ Advisory, and Hotel Management |
| Students from Premier Institutes | 60% |
| Academic Backgrounds | Science, Commerce, Engineering, Medical, Humanities, law, and Design. |
- The PGPHRM batch 2022-24 has 97% of female students.
- Around 52% of the PGPHRM batch has prior work experience in the areas of Consulting, Auditing, Retail, IT/ ITES/ Advisory, and Hotel Management. The students have an average work experience of 16.5 months.
- Around 60% of the students have graduated from the premier institutes and have an academic background in Science, Commerce, Engineering, Medical, Humanities, law, and Design.
IIM Indore PGPHRM Summer Internship Placements 2024 Top Recruiters
Some of the top recruiters who visited IIM Indore to provide internship opportunities to the PGPHRM batch 2022-24 are as follows:
IIM Indore Alumni Network
| Name of the Institute | Number of Alumni |
|---|---|
| Amazon | 283 |
| Deloitte | 268 |
| Accenture | 220 |
| EY | 197 |
| ICICI Bank | 195 |
| American Express | 183 |
| 130 | |
| JP Morgan Chase & Co. | 107 |
| HDFC | 107 |
| PwC | 94 |
| PwC India | 87 |
| Flipkart | 74 |
| Bain & Company | 65 |
| Boston Consulting Group (BCG) | 54 |
IIM Indore Placements FAQs
Ques. Does IIM Indore have 100% placements?
Ans. IIM Indore had 100% placements for the MBA batch 2021-23 during the 2023 placement drive.
Ques. Does IIM Indore have good placements?
Ans. IIM Indore Placements 2023 is completed with 100% placements for the MBA batch. IIM Indore highest package stood at INR 1.14 CPA while IIM Indore average package stood at INR 30.21 LPA for the PGP & IPM batch, INR 22.6 LPA for the PGPHRM batch & INR 27.8 LPA for the EPGP batch. The highest package increased by 133% as compared to the previous year. 160 recruiters participated in the placement drive. IIM Indore shows an increase in salary packages every year.
Ques. What is the salary of an IIM Indore graduate?
Ans. IIM Indore PGP & IPM graduate received an average package of INR 30.21 LPA, PGPHRM graduate received an INR 27.8 LPA & EPGP graduate received an average package of INR 22.6 LPA as per 2023 final placements data.
Ques. What is the placement trend of IIM Indore?
Ans. IIM Indore Placements 2023 saw 133% increase in the highest package & 20.8% increase in the average package as compared to last year.
Ques. How is IIM Indore EPGP Placements?
Ans. During IIM Indore EPGP Placements 2023. 57 students participated among which 48 students were placed & 9 students opted out. IIM Indore EPGP highest package stood at INR 43.9 LPA while IIM Indore EPGP average package stood at INR 27.8 LPA. 68+ recruiters participated & offered 160+ job roles.
Ques. How is PGPHRM Placements at IIM Indore?
Ans. During IIM Indore PGPHRM Placements 2023, a total of 38 students and around 20 recruiters visited the campus. The highest package of PGPHRM students stood at INR 34.5 LPA, and the median package was at INR 22.2 LPA. IIM Indore average package witnessed was INR 22.6 LPA for the PGPHRM students, showing an 11% increase from the previous year.
Ques. Who are the top recruiters of IIM Indore?
Ans. IIM Indore Placements 2023 had a participation of top recruiters like Accenture Strategy, Acuvon Consulting, Aspect Ratio, Avalon Consulting, Bain & Company, BCG, Deloitte India, Deloitte USI, Everest Group etc.
Ques. How many new recruiters participated in IIM Indore Placements 2023?
Ans. 80 new recruiters participated in IIM Indore Placements 2023.
Ques. Where do IIM Indore alumni members work?
Ans. IIM Indore alumni members work in organizations like Amazon, Deloitte, Accenture, EY, ICICI Bank, Google, JP Morgan Chase & Co, pwc etc.
Ques. From which domain the highest number of offers came during IIM Indore Placements 2023?
Ans. During IIM Indore Placements 2023, the highest number of offers came from the Consulting domain (29%) which is followed by the General Management, HR & Operations domains (19%).
Ques. What is the highest package at IIM Indore?
Ans. The highest package at IIM Indore stood at INR 1.14 LPA, during the 2023 placements.
Ques. What is IIM Indore average package?
Ans. IIM Indore average package stood at INR 30.21 LPA during the 2023 placements.
Ques. What is the median package at IIM Indore?
Ans. The median CTC at IIM Indore stood at INR 27.2 LPA during the 2023 placements.
Ques. Is there an increase in the salary statistics of IIM Indore in the 2023 placement?
Ans. Yes, there has been an increase in the salary statistics of IIM Indore in the 2023 placements. The highest CTC has increased by 132.6%, the average CTC by 20.8%, and the median CTC by 12% than the previous year.
Ques. How many recruiters visited IIM Indore during the 2023 placements?
Ans. A total of 160 recruiters visited IIM Indore during the 2023 placement drive, and among them, 80 were new recruiters.
Ques. How is the summer internship placement at IIM Indore?
Ans. IIM Indore has witnessed a 100% placement during the summer internship placement of batch 2022-24.
Ques. What is the highest stipend at IIM Indore?
Ans. The highest stipend at IIM Indore stood at INR 6 lakhs, which is 50% more than the previous year.
Ques. What is the average stipend at IIM Indore?
Ans. The average stipend at IIM Indore stood at INR 2.74 lakhs in the 2024 summer internship placement.
Ques. What is the median stipend at IIM Indore?
Ans. The median stipend at IIM Indore stood at INR 2.70 lakhs in the 2024 summer internship placement.
Ques. How many recruiters visited IIM Indore during the summer internship placement?
Ans. Around 140 recruiters visited the campus for the summer internship placement of batch 2022-24, and among them, 55 were first-time recruiters.
Ques.Can students pursue entrepreneurship instead of placements at iim indore?
Ans. Yes, IIM Indore students have the option to pursue entrepreneurship instead of placements. IIM Indore encourages and supports its students.
Ques. Which domain made the highest number of offers at IIM Indore?
Ans. Consulting domain made the highest number of offers at IIM Indore batch 2023 at 29%.
IIM Indore Highest and Average Package
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Likes
- The case base study and peer learning and curriculum
- The surprise quizzes are very important to keep studing even there is no exam
Placement Experience:
The students are eligible for summer placements after 3 terms. Big 4 , it companies for management roles and major marketing firms come for placements . 100 percent students were placed during placement season
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- Great faculties and diverse curriculum to explore.
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- Although the ground is really nice , the cricket pitch still requires quality improvement.
Placement Experience:
The placements is never a question for a premium B school like IIM Indore , every year all the students gets placed from the campus with good packages and the number is improving year on year. There are about 100+ companies that visits our campus and the details could be taken from the official website.
Likes
- faculties, courses, research opportunities
- very diverse and competent peer group forcing you to stay on your toes
Dislikes
- very very very hectic campus life with almost constant engagements
- a very competetive and cut throat culture which makes it hard to forge true relationships
Placement Experience:
Summer internship placements happen in the very first trimester. Final placements happen in the 5th. Almost all major companies come, though there is clear focus on finance, consulting and marketing with fewer ops roles.
Likes
- campus life is really something that i am gonna miss after the college even i haven't complete a month here till now still got to sense that how will be the upcoming jurney at the iim indore
- the role that companies made here is also one of the thing that i loved the most like frontend strategy and consulting role offer here.
Placement Experience:
BLACKI's are dreams of the students and yeah apart from the teaching and learning pedagogy placements are one the lucrative aspect of the iim indore. great companies with excellent payscale visit the campus like BCG, EY, Karney, Aditya Birla capital, mickey and co. , reliance, TATA strategy group etc comes every year. from the 3rd term students are eligible for the placements. this year's average package goes around 26 lpa. with a median of around 2425 lpa something. all the studies got placed even some got ppo during their SIP as well.
Likes
- What is the best things about IPM at IIM Indore has to be the campus life. It is one of the first opportunities that a student gets to come and live outside his home. The system is a such that a student remains almost busy the entire day.
- The hostels are very well equipped and are comfortable.
Dislikes
- The toxic culture which is very common at iims.
- Lack of exposure because of campus rules.
Placement Experience:
We have a social internship at the end of the second year and the social placement committee takes care of that. The sum of companies that came in last year was Tata, convergence Foundation, Biocon, and Bharti Foundation. The highest package offered was 30000 for 2 months and all the students got placed. I plan to complete my MBA after the course.
Likes
- The campus is beautiful. You can always around and watch sunsets and it is always kept so clean and hygienic
- Faculty is very supportive and you actually get to learn a lot.
Dislikes
- You have to walk a lot to reach to classes.
Placement Experience:
Summer internships take place in the month of September of your first year. Final placements are done in the duration of the 5th term of your course. The average package for the 2021-23 batch was 30l.p.a with some of the dream companies coming to recruit for good roles.
Likes
- Culture
- Hostel Life
Dislikes
- Grading system
- Gate timings
Placement Experience:
Placements are good on the campus. Many good companies come to the campus for recruitment. The SIP process usually starts after term 1. Resumes are selected on the basis of academic excellence, and your achievements.
Likes
- People
- Weather
Dislikes
- Food
- Grading system
Placement Experience:
Final placement is almost 100 percent where multiple multinational companies come and take the student at a high package. Summer placement is also good but the placement is not 100 percent but close to it.
Likes
- Campus Life
- Peer interaction
Dislikes
- Pressure under which students work
- Generally messed up sleep cycle
Placement Experience:
Generally, placements happen in the 5th term or the beginning of the 6th term with 100% of placements occurring every year. Other than that some students get Pre-Placement Offers from the companies where they do their internships from.
Likes
- Campus life
- The infrastructure
Placement Experience:
The college provides placement to all its students. Students start getting placement opportunities in their last semester. The highest package may range around 23-25Lpa and average around -18-19lpa. Many reputed companies visit the college for finals.
IIM Indore: 26 Answered Questions
Does IIM Indore have a hard time getting everyone placed?
It’s not entirely true that IIM Indore has a hard time getting everyone placed. Yes, it does take longer to wrap up the placement as compared to other reputed B-Schools like SP Jain, NITIE, IIMK, etc.
One of my friends recently graduated from IIM Indore and according to her, the final placements for 2020, took nearly 2 months to complete. While the other B-Schools wrapped up placements in 1 to 1.5 weeks. This delay in placement has nothing to do with the quality of education at the institute. It is due to the large batch size.
But at IIM Indore almost every student gets placed in a decent job. It doesn't guarantee you that the job or the salary will satisfy you. You will have to work even harder and polish your skills more to secure your dream job.
How are placements at IIM Indore?
There is a lot of work that any IIM/IIT must put in these days to ensure that the flag of their respective colleges flies high, and IIM Indore is no exception.
During the IIM Indore MBA summer placements 2024, the highest and average stipends were INR 6 lakh and INR 2.74 lakh for two months, respectively. During the IIM Indore MBA summer placements in 2024, more than 140 companies made offers. Leading companies such as Bain & Company, BCG, and KPMG were among the top recruiters for IIM Indore summer placements for the 2024 batch.
Previously, the highest and average package offered to the EPGP department during IIM Indore placements in 2022 was INR 70 LPA and INR 25.90 LPA, respectively.
How does IIM Indore and IIM Kozhikode compare head to head on placements?
IIM Indore and IIM Kozhikode are very similar to each other in most aspects, including placements.
But the main issue is IIM Indore’s huge batch size. IIM Indore admits almost double the MBA students as compared to IIM Kozhikode. This leads to immense competition among its students, even though Indore has an advantage over Kozhikode in terms of its recruiter numbers and profiles.
Apart from placements, a huge student intake places a lot of burden on the infrastructure and faculty at IIM Indore. The faculty to students ratio is better at IIM Kozhikode. But IIM Indore enjoys great connectivity, which IIM Kozhikode does not.
Both of them are highly prestigious business schools in India, and you shouldn’t just consider placements while choosing between them. Moreover, the market conditions can hugely affect the placements of a college for a certain year. Its impact may differ from one college to another.
What is the placement scenario for the IIM Indore IPM students?
Previous batches of IPM at IIM Indore have performed excellently in placements and bore good results. You will be recruited based on your capabilities during the placement season. Being an IPM student, you can sit with PGP students for placements.
This year’s placements were conducted virtually. The highlights of the placement season of 2021 are:
- In spite of the hurdles created by Covid 19, 100% placement was achieved.
- The average salary offered was INR 23.60 LPA.
- The top 100 students were offered an average salary of INR 33 LPA.
- The highest domestic salary offered was INR 41.50 LPA.
- The highest international salary offered was INR 56.80 LPA.
- 210 recruiters, which included 40 new ones participated in the placement season this year.
- 69% of the batch was recruited by consulting, finance, sales, and marketing.
This year, the IPM students of IIM Indore have achieved 100% placements.
What was the average package given to the students of first batch of IPM course - IIM Indore?
My friend belonged to the first graduating batch of IPM participants. Currently, he is well placed in a reputed company. Here are a few insights you need to know according to his experience back then.
- Most of his batchmates bagged offers from pioneer recruiters like Credit Suisse, Deloitte, Nomura, JP Morgan, HDFC, IndusInd Bank, IBM, ICRA Management Consulting, Tata Sky, UAE Exchange, etc.
- The batch received good feedback from the recruiters in the first placement season of IPM that was highly encouraging. A leading credit rating agency remarked, “We found the candidates to have a good understanding of concepts and confidence to face the demand of the corporate world.”
- Most of the students were offered a finance role with the average salary package being 11.96 LPA, including International offers such as EA to CFO & MD by a leading international foreign exchange company.
Overall, the placement record for the first batch of IPM was surprisingly great. With an average package of 11 LPA and the highest package of about 30 LPA, IPM of IIM was a huge success.
Is an IIM Indore 5 year program worth it? What salary could one expect? Is it equivalent to doing the IIM MBA after the UG?
It is not equivalent to an IIM MBA because the candidates do not pass the CAT exam. As a result, the industry has not yet accepted the 5-year program.
In the five years that an IPM student spends at the institute, he or she is exposed to a plethora of excellent opportunities. Apart from institutionalized opportunities like social placements (after the third year), foreign exchange (9th term), and summer placements (4th year), there is a lot that happens as a part of the Students Activity Council. There are regular competitions for IPM students that not only award cash prizes but also provide excellent opportunities to interact with new people, make contacts, and learn new things.
What is IPM of IIM Indore like and what are the placements available?
IIM Indore IPM is a good course. The curriculum is diversified. Other than the course subjects you can learn programming languages, different foreign languages, performing arts, etc. The course work is rigorous and keeps students on their toes. Students have the freedom to explore different co-curricular and extra-curricular activities. After initial three years of the course, IPM batch is combined with the upcoming PGP branch. All lectures and placements take place collectively.
IIM Indore placements for IPM have been good for the last few years. During the recent placement drive, IPM students received an average CTC of INR 20.79 LPA. The highest CTC (international) offered was INR 82.25 LPA.
Is there any bias against IPM students during placements in IIM Indore? Are they considered equal to PGP students?
Yes, there indeed is a certain level of bias that IPM students face during the placement process. But the reason is well justified. Being a newly established course, IPM lacks the certainty of success. The industries are only gradually developing their trust towards this course over the years. So the recruiters are still a bit hesitant in investing in an IPM student.
But if you look at the figures, you can see that the course has been gaining trust and climbing the ladder drastically over the past few years. Also, I don’t think it’s justifiable to draw a comparison between a 7-year-old program that has already been recognized (PGP) to a newly established course (IPM).
People usually compare these 2 programs because they see IPM as a means to join IIM by escaping CAT. This is not the case at all. IPM is much more than that. It needs no comparison to any other program. It is a full-fledged integrated course that is way ahead of other undergrad or integrated courses across the nation both in terms of the kind of education it offers and the placements.
How are the placements in the IIM Indore, Mumbai campus?
IIM Indore placements for the Mumbai campus are same as the Indore campus. The placements are integrated. IT, General Management & Operations, Sales & Marketing, Finance, Consulting & Analytics, etc. are the major recruiting sectors for the campus. Students receive an average CTC of INR 12.7 LPA. The placement rate for the institute is 100%. During the 2019 placements, the campus received the highest CTC up to now, i.e. INR 85 LPA.
How was summer placement for IIM Indore, first IPM batch?
As I have interacted with the ex-students online, I got to know some facts about IIM Indore. These facts might also be helpful to you as they can provide you with an answer to your question.
- The first IPM batch was the 2011 batch which attained 100% placements.
- The average ranged around 10 LPA.
- Various students were placed by means of PPIs which they won through case study competitions like Nomura Investments.
- The hiring status of IPM students ranged from startups to big renowned companies such as Deloitte, ICICI Bank, etc.
As a student of IPM, one would certainly be able to pave the way to a non-disappointing and successful career.
IIM Indore Alumni Distribution by Sector
Frequently Visited Companies
| Companies | |||
|---|---|---|---|
| Amazon | Bain & Company India Private Limited | Bank of America | Cognizant |
| Credit Suisse Business Analytics | McKinsey & Co | Mu Sigma | Wipro |
| Barclays Bank | Deloitte | Deutsche Bank | HDFC Bank |
| JP Morgan | Microsoft | Morgan Stanley | Tata Steel |
| American Express | Bajaj Auto | Hindustan Unilever Limited | Whirlpool |
| Capgemini | SBI Life Insurance | Tech Mahindra | Glaxo Smithkline Consumer Ltd (GSK) |
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IIM Indore Latest News
IIM Indore Welcomes New Batch of PGP Program with Less than 30% Female Candidates; Check Details Here
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IIM Indore successfully placed all students from its PGP and IPM batch of 2024. Over 150 recruiters participated, offering a diverse range of opportunities for the graduating batch. The highest package offered stood at INR 100 LPA. The average package saw a decrease compared to the previous year, settling at INR 25.68 LPA. The maximum number of offers were offered by the Consulting cohort (25%) followed by the Finance cohort (19%). IIM Indore Summer Internship Placements 2024 reports are released. A total of 140 recruiters, with 55 new recruiters visited the campus to provide internship opportunities to the batch of 606 students. IIM Indore highest stipend stood at INR 6 lakhs and IIM Indore's average stipend stood at INR 2.74 lakhs. IIM Indore witnessed a 50% increase in the highest stipend and a 37% increase in the average stipend
The average salary package offered to the MBA students in IIM Indore is INR 25.68 lacs per year in the 2024 session. This is lesser than the average package offered to the students in the 2023 session when it was 30.21 lacs per year.