IIM Indore placements 2023 have now concluded. There was an increase of 132.6% in the IIM Indore Highest package, which amounted to INR 1.14 CPA, and an increase of 20.8% in the IIM Indore average package, which amounted to INR 30.21 LPA.
IIM Indore has concluded its Summer Internship Placements for the passing out batch of 2024. A total of 140 firms and 606 Students participated. There was 50% and 37% Increase in the Highest and Average Stipend which stood at INR 6 Lakhs and INR 2.74 Lakhs respectively. The maximum percentage of students were offered Internships in the Consulting Sectoe (25%).
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Table of Content
6.1 IIM Indore MBA Placements 2022 Batch Profile
6.2 IIM Indore MBA Placements Year - Wise Trends
6.3 IIM Indore MBA Placements 2022 Top Recruiters
7.1 IIM Indore Executive MBA Placements 2022 Statistics
7.2 IIM Indore Executive MBA Placements Year - Wise Trends
7.3 IIM Indore Executive MBA Placements 2022 Top Recruiters
8.1 IIM Indore PGP-HRM Placements 2022 Top Recruiters
9.1 IIM Indore Summer Internship Placements 2024 Statistics
9.2 IIM Indore Summer Internship Placements 2024 Domain - Wise
10.1 IIM Indore Consulting Sector Placements 2021
10.2 IIM Indore Finance Sector Placements 2021
10.3 IIM Indore Sales & Marketing Placements 2021
10.4 IIM Indore General Management / Ops / HR Sector Placements 2021
10.5 IIM Indore IT / E-Commerce / Analytics Sector Placements 2021
Particulars | Placement Statistics 2023 | Placement Statistics 2022 |
---|---|---|
Number of Students | 568 | 572 |
Number of Recruiters | 160 | 200+ |
First Time Recruiters | 80+ | 30 |
Highest International CTC | - | INR 70 LPA |
Highest Domestic CTC | INR 1.14 CPA | INR 49 LPA |
Top 100 Students CTC | - | INR 37.95 LPA |
Average CTC | INR 30.21 LPA | INR 25.01 LPA |
Median CTC | INR 27.2 LPA | INR 24.09 LPA |
Major Domains | Finance and Sales & Marketing | Consulting & Finance |
Top Recruiters | Amazon, BCG, Cipla | Accenture Strategy, BMW, Cisco |
IIM Indore is regarded as one of the best Management institutes in the country, however, it has always witnessed tough competition from IIM Bangalore and IIM Calcutta. The following table represents the campus-wise comparative analysis between IIM Calcutta, IIM Bangalore, IIM Lucknow, and IIM Nagpur:
Institute | No. of Recruiters | No. of Offers | Highest CTC (Range) | Top Recruiter |
---|---|---|---|---|
IIM Calcutta | 192 | 640 | INR. 70-100 LPA | Gaza Capital , SAIF Partners |
IIM Bangalore | 137 | 662 | INR. 50-55 LPA | EY - Parthenon |
IIM Lucknow | 150 | 534 | INR 61.59 LPA | EY Parthenon, Microsoft |
IIM Nagpur | 41+ | - | INR. 31.54 LPA | Deloitte, Collegedunia |
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The following table represents the domain wise placements for the batch 2023 at IIM Indore:
Domains | Number of Students Placed |
---|---|
Consulting | 29% |
Finace | 18% |
Sales & Marketing | 18% |
IT, Analytics and Product Management | 16% |
The following table represents the Salary statistics of batch 2022 at IIM Indore:
Number of Students | Average Salary Offered |
---|---|
Top 100 Students | INR 37.95 LPA |
Top 200 Students | INR 32.75 LPA |
The following table represents the domain wise placements at IIM Indore:
Domains | Percentage of Students Placed |
---|---|
Sales & Marketing | 18% |
Consulting | 31% |
Finance | 20% |
Genman, Ops & Others | 16% |
IT / Analytics | 15% |
The following infographic represents the course wise placements at IIM Indore:
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The following table represents the PGP & IPM Placements of batch 2022 at IIM Indore:
Particulars | Placement Statistics 2022 |
---|---|
Number of Students | 572 |
Number of Recruiters | 200+ |
First Time Recruiters | 30 |
Highest International CTC | INR 70 LPA |
Highest Domestic CTC | INR 49 LPA |
Top 100 Students CTC | INR 37.95 LPA |
Average CTC | INR 25.01 LPA |
Median CTC | INR 24.09 LPA |
Major Domains | Consulting & Finance |
Top Recruiters | Accenture Strategy, BMW, Cisco |
The following Infograph represents the batch profile of 2022 batch of PGP & IPM programme at IIM Indore:
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The following table represents the year wise trends at IIM Indore:
Particulars | Placement 2022 | Placement 2021 | Placements 2020 |
---|---|---|---|
Number of Companies Participated | 200+ | 210+ | 160+ |
Number of Students Placed | 572 | 579 | 522 |
Highest Package | INR 49 LPA | INR 41.5 LPA | INR 50 LPA |
Average Package | INR 25.01 LPA | INR 23.6 LPA | INR 22.92 LPA |
Median Package | INR 24.09 LPA | INR 22.6 LPA | INR 22 LPA |
Batch | EPGP 2022 |
---|---|
Total Number of Students | 57 |
Students opted out of Placements | 4 |
Number of Roles Offered | 57 |
Highest CTC | INR 70 LPA |
Average CTC | INR 25.9 LPA |
Median CTC | INR 23.6 LPA |
Average CTC of Top 25% Students | INR 33.7 LPA |
Average CTC of Top 50% Students | INR 31.3 LPA |
Average CTC of Female Participants | INR 27.3 LPA |
Top Recruiters | Accenture, EY, Fareye |
In the executive placement drive of 2022, the highest CTC of INR 70 LPA and the average CTC of INR 25.9 LPA was offered to the students.
A total of 57 students were registered for the placement among which 4 opted out and a total of 57 offers were received.
Recruiters like Accenture, EY, Fareye participated in the placement drive of 2022.
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The following table represents the IIM Indore Executive MBA employment statistics of batch 2022:
Particulars | Figures |
---|---|
New Recruiters | 34 |
Increase in Highest CTC | 114% |
Increase in Average CTC | 30% |
Increase In Pay Post EPGP | 109% |
Median Increase in Pay Post EPGP | 114% |
Percentage of Students Secured Offers during Course Duration | 100% |
The following table represents the EPGP year wise placement trends at IIM Indore:
Particulars | Placement 2022 | Placement 2021 | Placements 2020 |
---|---|---|---|
Number of Companies Participated | 100+ | 100+ | 70+ |
Number of Students Placed | 53 | 61 | 37 |
Highest Package | INR 70 LPA | INR 32.76 LPA | INR 80 LPA |
Average Package | INR 25.9 LPA | INR 19.99 LPA | INR 24.10 LPA |
Median Package | INR 23.6 LPA | INR 19.75 LPA | INR 18.98 LPA |
Batch | PGP - HRM 2022 |
---|---|
Number of Recruiters | 20+ |
Highest CTC | INR 36 LPA |
Average CTC | INR 20.3 LPA |
Median CTC | INR 24.09 LPA |
Average CTC of Top 25% Students | INR 24.4 LPA |
Average CTC of Top 50% Students | INR 22.6 LPA |
Average CTC offered to Male Students | INR 19.6 LPA |
Average CTC offered to Female Students | INR 20.8 LPA |
In the PGP - HRM Placements of 2022 at IIM Indore, more than 20 recruiters participated in the. The highest CTC of INR 36 LPA and Average CTC of INR 20.3 LPA was offered to the students.
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Batch | 2022 | 2023 | 2024 |
---|---|---|---|
Number of Recruiters Participated | 190+ | 150+ | 140 |
New Recruiters | 70+ | 30+ | 55+ |
Highest Stipend | INR 3.2 Lakhs | INR 4 Lakhs | INR 6 Lakhs |
Average Stipend | INR 1.8 Lakhs | INR 2 Lakhs | INR 2.74 Lakhs |
Median Stipend | - | INR 2 Lakhs | INR 2.7 Lakhs |
Average Stipend of Top 100 Students | INR 2.95 Lakhs | INR 3.1 Lakhs | - |
Average Stipend of Top 200 Students | - | INR 2.75 Lakhs | - |
Top Recruiters | Cipla, JSW, Amazon | BCG, Deloitte, DE Shaw | Adani Group, Amway, Apollo Tyres |
In the summer internship placement drive of 2024, more than 140 recruiters participated in the placement drive, among which 55+ were first time recruiters.
The highest stipend of INR 6 Lakhs was offered to the students whereas the average stipend stood at INR 2.74 Lakhs.
Recruiters like BCG, PwC, Amazon, Cipla, JSW, Reliance, VI, Microsoft, Deloitte, DE Shaw made internship offers.
The following table represents the stipend statics of batch 2024 at IIM Indore:
Particulars | 2024 | 2023 |
---|---|---|
Increase in Highest Stipend | 50% | 25% |
Increase in Average Stipend | 37% | 11% |
Increase in Median Stipend | 35% | 10% |
Increase in Top 100 Stipend | - | 5% |
Increase in Top 200 Stipend | - | 5% |
The following table represents the domain wise summer internship offers of batch 2024 at IIM Indore:
Domains | 2024 (Percentage of Students Placed) | 2023 (Percentage of Students Placed) |
---|---|---|
Consulting | 25% | 25% |
Finance | 16% | - |
Sales & Marketing | 23% | - |
Automotive | - | 7% |
Manufacturing | - | 7% |
FMCG | - | 15% |
E-Commerce | - | 7% |
BFSI | - | 17% |
Healthcare | - | 4% |
IT & Analytics | 15% | 14% |
Others | 21% | 4% |
In the summer internship placements of 2023, the maximum number of students were offered internships in the consulting domain (25%) followed by FMCG domain (15%).
As per the information collected by Collegedunia, the maximum number of students were placed in the Consulting sector followed by finance sector and the highest CTC of INR 45 LPA was offered by Amazon whereas the most number of students were offered the role of Sr. Associate and Sr. BA to 28 students by Cognizant.
Sectors | Number of Students Placed | Highest CTC Range |
---|---|---|
Consulting | 122 | INR 28 - 30 LPA |
Finance | 84 | INR 29 LPA |
Sales & Marketing | 30 | INR 24 - 30 LPA |
General Management / Ops/ HR | 40 | INR 28 - 45 LPA |
IT / E-Commerce / Analytics | 70 | INR 25 - 30 LPA |
The following table represents the consulting sector placements for the batch 2021 at IIM Indore:
Name of the Company | Roles Offered | No. of students Placed | CTC (LPA) |
---|---|---|---|
BCG | Sr Associate | 4 | 28-30 |
Bain Capability Network | Associate | 6 | 14 |
EY | Consultant | 16 | 20 |
McKinsey | Jr Analyst, Consultant | 5 | 16-20 |
Cognizant | Sr Associate, Sr BA | 28 | 13-20 |
Deloitte | Consultant | 18 | 21 |
Everest Group | Sr Analyst | 6 | 18 |
GEP Consulting | Consultant | 7 | 20 |
Infosys Management Consulting | Consultant | 8 | 14-15 |
IQVIA | Consultant | 3 | 14-16 |
Vector Consulting | Manager | 1 | 20 |
Optum | Senior Product Analyst | 2 | 18-23 |
PWC India | Consultant, Analyst, Associate | 15 | 12 |
PWC US | Advisory | 1 | 20 |
MXV Consulting | Consultant | 2 | 16 |
The following table represents the finance sector placements for the batch 2021 at IIM Indore:
Name of the Company | Roles Offered | No. of students Placed | CTC (LPA) |
---|---|---|---|
Axis Bank | MT, Assistant Manager | 12 | 20 |
Bank Of America | Manager - Trade Finance | 2 | 17.5 |
Barclays | Senior Business Analyst | 1 | 14-18 |
Credit Suisse | Market Risk Analyst | 5 | 15-18 |
CRISIL | Consultant | 1 | 13 |
DE Shaw | Analyst | 1 | 29 |
Deutsche Bank | Corporate Banking Analyst, AVP | 8 | 18-20 |
Fidelity | Product Analyst | 2 | 16-18 |
Goldman Sachs | Investment Banking Analyst, Analyst | 9 | 22 |
HDFC Bank | Management Associate | 1 | 15 |
HSBC | Global Operations Graduate | 4 | 18 |
ICICI Bank | Wholesale Banking, Product | 10 | 17.5 |
IDFC First Bank | Sales, Product strategy | 7 | 18 |
JPMC | Investment Banking Analyst (2- PPO) | 9 | 18 |
Morgan Stanley | Investment Banking Analyst | 4 | 24 |
Nomura | Analyst | 1 | 18 |
SBI General Insurance | Management Trainee | 3 | 15 |
State Street | Asst Manager | 4 | 18 |
The following table represents the sales & marketing sector placements for the batch 2021 at IIM Indore:
Company | Role | No of students | CTC (LPA) |
---|---|---|---|
Asian Paints | Management Trainee | 3 | 22 |
Bajaj Auto | Management Trainee | 2 | 22 |
Cummins | Process Planning Manager | 2 | 16-18 |
Diageo | Management Trainee | 3 | 15-20 |
GSK | Management Trainee | 3 | 17-20 |
Henkel | Distribution | 2 | 13.5 |
HUL | Sales and Marketing | 3 | 24-30 |
Hindware | Sales and Marketing | 0 | 12 |
ITC | Sales and Marketing | 2-3 | 28 |
Loreal | Associate | 1 | 22 |
Marico | Management Trainee | 2 | 23-24 |
MORE Retail | Management Trainee | 2 | 16 |
Piramal | Management Trainee | 3 | 22 |
Xiaomi | Management Trainee | 1 | 14-16 |
The following table represents the General Management / Ops / HR sector placements of batch 2021 at IIM Indore:
Company | Role | No of students | CTC (LPA) |
---|---|---|---|
ACT Fibernet | Management Trainee | 2-3 | 20 |
BlackBuck | Program Manager | 1 | 24 |
Amazon | Product Manager, Consultant | 13 | 28-45 |
Cipla | brand manager | 5 | 18 |
Cummins | Process Planning Manager | 2 | 16-20 |
JSW | Senior Sale manager | 1 | 18 |
Jubilant foodworks | Management Trainee | 2 | 16 |
L&T | Strategy, Planning, Analyst | 6 | 13 |
Tata Steel | MT, Sales, Operations | 8 | 15.5 |
The following table represents the IT / E-Commerce / Analytics sector placements for the batch 2021 at IIM Indore:
Name of the Company | Roles Offered | No of students Placed | CTC (LPA) |
---|---|---|---|
Microsoft | Product Manager | 3 | 25-30 |
American Express | Risk Analyst, MT | 16 | 23-28 |
GE | DTLP | 1 | 20 |
Genpact | Asst. Manager | 7 | 12 |
MuSigma | Trainee Apprentice Leader | 1 | 8-11 |
Fractal Analytics | Consultant | 3 | 21 |
TCS | Consultant, Business Analyst | 12 | 12 |
Wipro | Consultant, Pre Sales | 16 | 15 |
Mahindra Comviva | Product Manager | 1 | 21 |
Policy Bazaar | Management Trainee | 1 | 18 |
Yes Bank | Program Manager | 5 | 18.5-22 |
Tech Mahindra | GLC | 3-4 | 17-20 |
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Name of the Company | Number of Alumni |
---|---|
Amazon | 264 |
Deloitte | 236 |
IIM Indore | 235 |
Accenture | 212 |
ICICI Bank | 211 |
TCS | 176 |
Cognizant | 171 |
EY | 168 |
American Express | 156 |
Goggle | 113 |
HDFC Bank | 97 |
PwC | 91 |
Capgemini | 90 |
Flipkart | 77 |
IRIS - IIM Indore Annual Fest | 69 |
IIM Ahmedabad | IIM Kozhikode |
IIM Bodh Gaya | IIM Kashipur |
IIM Udaipur | IIM Trichy |
IIM Ranchi | IIM Rohtak |
IIM Shillong | IIM Vizag |
Ques. What was the salary offered in the placement drive of 2022 at IIM Indore?
Ans. In the placement drive of 2022 at IIM Indore, the highest CTC stood at INR 70 LPA and the average CTC stood at INR 25.01 LPA.
Ques. How many recruiters participated in the placement drive of 2022 at IIM Indore?
Ans. In the placement drive of 2022 at IIM Indore, over 200 recruiters participated in the placement drive among which 30 were new recruiters.
Ques. In which domain does the maximum number of students were placed in the placement drive of 2022 at IIM Indore?
Ans. In the placement drive of 2022 at IIM Indore, the maximum number of students were placed in the Consulting & Finance domain.
Ques. What was the salary offered to the Executive MBA batch of 2022 at IIM Indore?
Ans. In the placement drive of 2022 at IIM Indore, the Executive MBA batch of 2022 was offered the highest CTC of INR 70 LPA whereas the average CTC stood at INR 25.9 LPA.
Ques. At IIM Indore, what was the salary offered to the PGP-HRM class of 2022?
Ans. At IIM Indore's placement drive of 2022, the PGP-HRM batch of 2022 received an average CTC of INR 20.3 LPA and highest salary of INR 36 LPA.
Ques. Which are the top recruiting companies at IIM Indore?
Ans. Some of the top recruiting companies at IIM Indore were Accenture, Amway, KPMG, Google, Microsoft, ABInev and many others.
Ques. What was the stipend offered in the summer internship placements for the batch 2023 at IIM Indore?
Ans. In the Summer Internship Placement drive of 2023 at IIM Indore, the highest stipend of INR 4 Lakhs and average stipend of INR 2 Lakhs was offered to the students.
Ques. How many recruiters made Internship offers in the Summer Internship Placements of batch 2023 at IIM Indore?
Ans. In the Summer Internship Placements of 2023 at IIM Indore, more than 150 recruiters participated among which 30 were first time recruiters.
Ques. In which domain does the maximum number of students were offered internships at IIM Indore?
Ans. In the summer internship placements of 2022 at IIM Indore, the maximum number of internships were offered in the consulting domain (22%) followed by BFSI domain (18%).
Ques. How did the average stipend of IIM Indore summer placements change over time?
Ans. The average stipend during summer placements in 2021-23 rose by 11% to INR 4 lakh per month.
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Average CTC for top 10 percentile | INR 25.25 LPA |
Average CTC for top 25 percentile | INR 23.25 LPA |
Highest CTC | INR 30 LPA |
GAIL, Crompton Greaves, and Allcargo Logistics were among the notable recruiters for the batch.
If we talk in terms of the placements for the students who pursue and are pursuing IPM at IIM Indore, they are as high as the placements in the IITs. Some of my friends studied at IIM Indore. According to them, here are some things you need to know about.
The most recent placements of IIM Indore IPM program is:
Categories | IIM Indore |
Placement Percentage | 80% |
Highest CTC (International) | 56.8 LPA |
Highest CTC (Domestic) | 41.5 LPA |
Average CTC | 23.6 LPA |
Lowest CTC | 12.5 LPA |
Recruiting Companies | IBM, KPMG, Tech Mahindra, Capgemini, etc. |
The average salary offered to the students of IIM Indore saw a 3% increase from 2020. The average salary of the students who were in the top 100 was INR 33 LPA. In addition to the recruiters that visit the campus every year, some of the first time recruiters that visited this year were Paytm, Tata AIA, NPCI, Blue Star, etc.
IIM Indore is one of the best among new IIMs in the country. This very fact can be evident due to the growth of the institution in very little time. It can’t be compared to IIM- A, B, C but it is far better than many other colleges.
Here are the recent placement highlights for the institute.
Average CTC | 22.9 LPA |
Highest CTC | 50 LPA |
CTC for top 100 students | 32.9 LPA |
Major domains | Sales & Marketing and Finance |
Top recruiters | FIITJEE, HP, HCL |
I have friends from marketing and finance at IIM Indore and they are doing quite well in their respective fields.
One of my friends studied at IIM Indore. According to him the number of recruiters at IIM Indore tends to be 200 and above. 53% of the batch is recruited by the consulting and finance departments. The average salary for 5 Years IPM batch ranges to be 17.01 LPA.
Categories | IIM Indore |
Average CTC | 20.79 LPA |
Highest CTC (International) | 89.25 LPA |
Highest CTC (Domestic) | 40.5 LPA |
As per the various domains of recruitment, the students are recruited under the following sectors.
A few of my friends graduated from IIM Indore and according to them, the institute has a good placement record. As per the recent placement highlights, the average CTC offered at the institute is 23 LPA.
It is also said in the IPM IIMR brochure that there will be a minimum salary of 20 lacs approx. So don't worry. And most students opt for campus placement to know the working of the industry. After that, they start their start-up for growth.
Some of the top recruiting companies from IIM Indore for the IPM course are PwC, Deloitte, Optum, BCG, Amazon, Cipla, MX Player, ACT Fibernet, Paytm, Microsoft participated in the placement drive.
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:
This year, the IPM students of IIM Indore have achieved 100% placements.
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.
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.
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.
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.
As a student of IPM, one would certainly be able to pave the way to a non-disappointing and successful career.
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.
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) |