IIM Indore Placement – IIM Indore’s 2023 placement report reveals a remarkable 133% surge in the highest package, reaching INR 1.14 CPA, and a 21% increase in the average package at INR 30.21 LPA. The consulting domain took the lead with 160 recruiters, including prominent names like Accenture, BCG, and Deloitte. Additionally, the 2024 summer internship placements witnessed a substantial growth with 140 recruiters, including 55 new ones, offering opportunities to a cohort of 606 students. The highest stipend soared by 50%, touching INR 6 lakhs, and the average stipend increased by 37% to INR 2.74 lakhs.
In the recent report, 160 recruiters hired students from the PGP and IPM batch of 2023 at IIM Indore. The top and average packages offered were INR 114 LPA and INR 30.21 LPA for PGP students, showcasing a range of new-age job roles in various sectors.
| Particulars | Placement Statistics (2022) | Placement Statistics (2023) |
|---|---|---|
| Batch strength | PGP and IPM: 572EPGP: 57 | PGP and IPM: 568PGP-HRM: 38EPGP: 57 |
| Total recruiters | PGP and IPM: 200+PGP-HRM: 20EPGP: 68 | PGP and IPM: 160PGP-HRM: 20EPGP: 68 |
| Highest package | PGP and IPM: INR 49 LPAPGP-HRM: INR 36 LPAEPGP: INR 70 LPA | PGP and IPM: INR 114 LPAPGP-HRM: INR 34.50 LPAEPGP: INR 43.90 LPA |
| Average package | PGP and IPM: INR 25.01 LPAPGP-HRM: INR 20.30 LPAEPGP: INR 25.90 LPA | PGP and IPM: INR 30.21 LPAPGP-HRM: INR 22.65 LPAEPGP: INR 27.80 LPA |
| Median package | PGP and IPM: INR 24.09 LPAPGP-HRM: INR 19.60 LPAEPGP: INR 23.60 LPA | PGP and IPM: INR 27.20 LPAPGP-HRM: INR 22.2 LPAEPGP: INR 30 LPA |
The average package for the PGP HRM batch of 2023 at IIM Indore was INR 22.65 LPA, while the average for the PGP and IPM batch 2023 was INR 30.21 LPA. Check the table below for course-wise average packages during the 2023 placement drive.
| Course | Placement Statistics (2023) |
|---|---|
| PGP and IPM | INR 30.21 LPA |
| PGP-HRM | INR 22.65 LPA |
| EPGP | INR 27.80 LPA |
IIM Indore’s highest package increased from INR 49 LPA in 2022 to INR 1.14 Crore per annum in 2023. The table below illustrates the trend of the highest package over the years.
| Placement Year | Highest Package Offered |
|---|---|
| 2023 | INR 1.14 CPA |
| 2022 | INR 49 LPA |
| 2021 | INR 56.8 LPA |
| 2020 | INR 50 LPA |
The table below shows the average packages offered to EPGP, IPM, and HRM students at IIM Indore over the past three years.
Course | Average Package (2021) | Average Package (2022) | Average Package (2023) |
|---|---|---|---|
| PGP and IPM | INR 23.60 LPA | INR 25.01 LPA | INR 30.21 LPA |
| PGP-HRM | NA | INR 20.30 LPA | INR 22.65 LPA |
| EPGP | INR 19.99 LPA | INR 25.90 LPA | INR 27.80 LPA |
The highest package at IIM Indore was INR 1.14 Crore per annum. The placement drive involved 160 top recruiters and over 80 new recruiters. The table below breaks down the placements across different sectors.
| 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 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 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 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 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 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 |
In simpler terms: Here are some job roles offered to IIM Indore PGP and IPM students in different fields:
| 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 |
Here’s the data for the summer internship placements for the PGP and IPM batches graduating in 2024:
| 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. |
Here’s the percentage of offers made in different domains during the summer internship placements of 2024.
| Domains | Percentage of Offers |
|---|---|
| Consulting | 25% |
| Sales & Marketing | 23% |
| General Management, HR & Operations | 21% |
| Finance | 16% |
| IT/ Analytics | 15% |
Here are some of the roles offered in different areas during the summer internship placements of 2024.
| 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. |
Ans: The highest salary offered in IIM Indore Placement 2024 was INR 1.14 CPA.
Ans: Over 160 recruiters took part in the IIM Indore Placement 2024.
Ans: Various roles across different domains were offered during the summer internship placements of IIM Indore in 2024.
IIM Rohtak Placement - IIM Rohtak has a placement team that helps students secure jobs…
IIM Ranchi Placement - IIM Ranchi's placements for 2023 were excellent, achieving 100% placements with…
IIM Rohtak - The Indian Institute of Management Rohtak (IIM Rohtak) was established in 2009…
CAT Syllabus 2024 - CAT 2024, the Common Admission Test for MBA aspirants, features a…
IIM Jammu Placement - IIM Jammu's 5th batch saw a highest salary of INR 32…
IIM Jammu Cut Off - IIM Jammu announces its cutoff on the official website. To…