IIM Indore Placement

Do you guys want to know what is new at IIM Indore Placement? Hence, for that, we have provided all the information regarding IIM Indore Placement 2023.

But before going forward, we have provided some information regarding IIM Indore Placement report.

IIM Indore Placement results have been made public. The average package at IIM Indore increased by roughly 21% to INR 30.21 LPA, while the maximum package climbed by approximately 133% to INR 1.14 CPA. During IIM Indore Placements 2023, the consulting sector became the most popular. There were 160 recruiters in total who came to the IIM Indore campus, including 80 new ones. Several of the well-known hiring companies were Accenture Strategy, Acuvon Consulting, Aspect Ratio, Avalon Consulting, Bain & Company, BCG, Deloitte India, Deloitte USI, Everest Group, etc.

Reports on the 2024 IIM Indore Summer Internship Placements are available. To offer internship possibilities to the class of 606 students, 140 recruiters—55 of whom were new—visited the school. The highest stipend at IIM Indore was INR 6 lakhs, and the average stipend was INR 2.74 lakhs. The top compensation at IIM Indore increased by 50%, whereas the average stipend increased by 37%.

Report on IIM Indore Placements

Let’s start our article with IIM Indore Placement in the year 2023. The PGP and IPM programs' 2023 placement report is as follows:

Particulars	Placement Statistics 2023
New Recruiters	80
Total Recruiters	160
Batch Size	568
Highest Package	INR 1.14 CPA
Average Package	INR 30.21 LPA
Median Package	INR 27.2 LPA
Increase in Highest Package	132.6%
Increase in Average Package	20.8%
Increase in Median Package	12.0%
Top Recruiting Domains	Consulting
Top Recruiters	Accenture Strategy, Acuvon Consulting, Aspect Ratio, Avalon Consulting, Bain & Company, BCG, Deloitte India, Deloitte USI, Everest Group, etc.

A total of 568 students participated in the IIM Indore Placements 2023 for MBA and IPM students, while about 160 recruiters visited to present job openings. The highest salary at IIM Indore was INR 1.14 LPA, up 132.6% over the prior year. IIM Indore's median CTC increased by 12% from the previous year to INR 27.2 LPA and the average package increased by 20.8% to INR 30.21 LPA.

Sector-Wise Analysis of IIM Indore Placements

Now, let’s see the IIM Indore Placement section-wise of 2023.

According to data gathered, IIM Indore had the highest package, at INR 1.14 CPA. The placement effort included 160 top recruiters and almost 80 new recruiters. The sector analysis for IIM Indore Placements 2023 is shown in the table below:

Sectors	CTC Range
Sales & Marketing	16 - 64
Finance	14 - 35
Consulting	17 - 45
IT / Analytics	20 - 33
General Management / HR / Operations	12 - 1.25 Cr

Consulting Sector Placements at IIM Indore

The following is a list of IIM Indore Consulting Sector Placements for the class of 2023:

Company	CTC(LPA)
HCL	19
Acuvon Consulting	17
Avalon Consulting	22 - 23
Accenture	35 - 45
BCG	36 - 38
Deloitte USI	24 - 28
Everest Group	27.5
RedSeer Consulting	23 - 25
GEP Worldwide	24
Samagra	25 - 30
Kearney	26
KPMG	25
Mckinsey	20 - 21
PwC US Advisory	20 - 25
Bain & Company	21
EY	21 - 24

IIM Indore Placements in the Finance Sector

The following is a list of placements at IIM Indore for the class of 2023 in the financial sector:

Company	CTC(LPA)
Delhivery	26
03 Capital	35
CITI Bank	25 - 28
DE Shaw	32
ICRA	14 - 17
Edelweiss	26
BlackRock	25+

General Management, HR, and Operations Sector Placements at IIM Indore for the Batch

The following table lists the placements for batch 2023 in the general management, human resources, and operations sectors:

Company	CTC(LPA)
ICICI Bank	17 - 20
African Industries Group	50
AM / NS	12 - 15
Indegene	18
Adani Group	23
Genpact	19 - 24
HSBC	24
Trident Group	1.15 Cr
Flipkart	23 - 26
Jio Platforms	26 - 31
DCM Shriram	18 - 20
Tata AIA	19
Crisil	17 - 20
WNS	22 - 25

IT/Analytics Sector Placements at IIM Indore

For the class of 2023, IIM Indore's IT and analytics sector placements are listed below:

Company	CTC(LPA)
Optum	26.2
EXL Analytics	28
American Express	28 - 33
LatentView	20 - 24
GE	22
Samsung	25

Sales and Marketing sector Placements at IIM Indore

Below is a list of IIM Indore's sales and marketing sector placements for the class of 2023.

Company	CTC(LPA)
PepsiCo	25
Tolaram	64
Dr. Reddy's Laboratories	22.5
Haleon	25
HUL	34
Bajaj Auto	25 - 28
Infosys	16 - 24
Atomberg Technologies	20 - 22
Reckitt	25 - 27
ReNew Power	20 - 22
IBM	25 - 30

Salary Statistics for IIM Indore Placements

The pay data for IIM Indore Placements 2023 are shown in the table below:

No. of candidates	Average Salary	Increase in salary
Top 200	INR 40.55 LPA	23.8%
Top 100	INR 51.07 LPA	37.2%

Domain-Based IIM Indore Placements

Following are the percentages of offers made to PGP and IPM candidates during IIM Indore Placements 2023 in various domains:

Domains	Percentage of offers
Finance	18%
Sales & Marketing	18%
Consulting	29%
General Management, HR & Operations	19%
IT/ Analytics	16%

The consulting sector received 29% of the offers during IIM Indore Placements 2023, followed by general management, human resources, and operations with 19% of offers.

IIM Indore Job Roles Placements

Following are a few of the roles that are available to PGP and IPM students at IIM Indore in various fields:

Domains	Roles offered
Finance	Asset Management, Corporate Banking, Counterparty Risk, Credit Risk, Equity and Derivatives Trading, Equity Research, Financial Advisory, Financial Reporting, Financial Strategy and operations, Fund Advisory, Investment Banking, Insurance Strategy, Portfolio Management, Pricing, Risk Management & Underwriting, Tax, Trade Finance, and Treasury & Trade Solutions.
Sales and marketing	Account Management,, Brand Management, Category Management, Digital Marketing, Growth Marketing, Institutional Sales,, and Product Marketing
General Management, HR and operations	Business Strategy and planning, Corporate Strategy, DealExecution, HR Consulting, Import Operations, Investor Relations, Process and Operations Excellence, Project Management, Service Operations, and Supply Chain Analytics and transformation
Consulting	BFSI, Deal Strategy, Digital Transformation, Enterprise Strategy, IT Transformation, M&A, Operations Transformation, Private Equity, Products & Platforms Strategy, Research & Advisory, Risk & Financial Advisory,, Strategy & Business Optimation, and Technology Consulting.
IT/ Analytics	Bid Management, Cloud Services, Digital Application Operations, Digital Journey Owner, Digital Project Management, and Product Development.

Profile of the batch from IIM Indore

The following information pertains to the MBA and IPM placements for the class of 2023:

Particulars	Batch Profile
Total Dual Degree Students	98
Percentage of Male Students (MBA)	65%
Percentage of Female Students (MBA)	35%
Total MBA Students	470
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/etc)	23%

• During the 2023 placements, there were a total of 470 MBA students and 98 IPM students.
• In the MBA class of 2021-23, 65% of the students were men and 35% were women. Additionally, there were 27% female students and 73% male students in the IPM batch.
• 53% of the MBA class as a whole had an average experience length of 21 months.
• About 23% of the students received their degrees from prestigious universities including the IIT, NIT, and BIT.

PGPHRM Placements at IIM Indore

The highlights of IIM Indore's PGPHRM Placements for 2023 are shown in the table below:

Particulars	Placement Statistics 2023
Recruiters	20
Batch Size	38
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.

There are 38 students in the PGPHRM batch 2021–2023, and about 20 recruiters visited to offer job chances. The median salary for PGPHRM students was INR 22.2 LPA, and the highest salary was INR 34.5 LPA. The typical package observed was INR 22.6 LPA, an increase of 11% from the prior year.

PGPHRM Placements at IIM Indore Batch Profile

The PGPHRM batch 2022–23's specifics are as follows:

Particulars	Batch Profile
Percentage of Males	64%
Percentage of Females	36%
Batch Size	38
Percentage of Freshers	60%
Percentage of Experienced Students	40%
Average Work Experience of Students	17.5 months
Candidates from Premier Institutes	55%

• There were 38 students in the PGPHRM class 2021–23, with 64% of them being men and 36% being women.
• 40% of the students had an average of 17.5 months of experience, while 60% of the students were brand-new.
• IITs, NITs, and BITs produced 55% of the graduates of the PGPHRM program.

EPGP Placements at IIM Indore

The features of IIM Indore EPGP Placements 2023 are displayed in the table below:

Particulars	Placement Statistics 2023
Students Opted Out	9
Students Placed	48
Total Recruiters	68+
New Recruiters	27
Students Participated	57
Roles Offered	160+
Highest Package	INR 43.9 LPA
Average Package	INR 27.8 LPA
Median Package	INR 30 LPA
Improve in Average Pay	5%
Improve in Median Pay	27%
Average increase in Pay Post EPGP	78%
Median Increase in Pay Post EPGP	108%

A total of 57 students participated in the EPGP batch 2023 placement, and 48 of them were placed. 9 students chose not to participate, mostly because they were on breaks or had off-campus jobs. Over 160 job openings were presented to the students by over 27 recruiters who came to the campus.

• The EPGP batch 2022–23's highest package was INR 43.9 LPA.
• An increase of 5% from the prior year, the average package was INR 27.8 LPA.
• The median compensation package was INR 30 LPA, up 27% from the prior year.
• After finishing the EPGP program at IIM Indore, the students' average pay climbed by 78%, and the median pay grew by 108%.

EPGP Placements at IIM Indore Batch Profile

The EPGP batch 2022–23's batch profile is as follows:

Particulars	Batch Profile
Percentage of Males	84%
Percentage of Females	16%
Total Batch Size	57
Average Work Experience	8.9 years
International Experience	24%
IIT, NIT, BITS	17%
Certifications Persued	PMP, CII, CSPO, etc, AWS Cloud Practitioner, and Microsoft Azure Fundamentals

• There were 57 students in the EPGP cohort 2022–23, and 84% of them were male and 16% were female.
• The EPGP students had an average of 8.9 years of work experience, and about 24% of the class had foreign experience.
• Around 17% of the students in the EPGP cohort came from prestigious universities like the IIT, NIT, and BIT. They also possessed extra certifications like the PMP, CII, CSPO, CFI, 6 Sigma lean, etc., as well as the AWS Cloud Practitioner and Microsoft Azure Fundamentals.

Report on 2024 Placements for Summer Internships at IIM Indore

The following is the summer internship placement statistics for the PGP and IPM batch graduating in 2024:

Particulars	Internship Statistics 2024	Internship Statistics 2023	Internship Statistics 2022
Total Recruiters	140	150+	190+
New Recruiters	55+	30+	70+
Batch Size	606	573	575
Placement Percentage	100%	-	-
Highest Stipend	INR 6 lakhs	INR 4 lakhs	INR 3.2 lakhs
Average Stipend	INR 2.74 lakhs	INR 2 lakhs	INR 1.8 lakhs
Median Stipend	INR 2.70 lakhs	INR 2 lakhs	-
Increase in Highest Stipend	50%	25%	-
Increase in Average Stipend	37%	11%	7%
Increase in Median Stipend	35%	10%	9%
Top Recruiting Domain	Consulting	Sales & Marketing	Sales & Marketing
Top Recruiters	Boston Consulting Group, Deloitte India, Deloitte USI, Everest Group, EY India, GEP Worldwide, etc.	Asian Paints, Atomberg Technologies, Coca-Cola, Dr. Reddy's Laboratories, Everest Industries, etc.	Asian Paints, Bajaj Auto, Dabur, Hindustan Unilever Ltd., ITC, L'Oreal, Marica, Marsh, Piramal, PUMA, etc

IPM and PGP batch 2021-23's summer internship placement at IIM Indore saw a placement rate of 100%. There were 606 students in total, making this IIM Indore's largest placement cohort to date. A total of 140 recruiters came to the campus, of which 55 were first-time visitors.

• The highest stipend was INR 6 lakhs, an increase of 50% from the prior year.
• The average stipend was INR 2.74 lakhs, an increase of 37% from the prior year.
• The median stipend was 2.70 lakhs INR, a 35% increase from the previous year.

Placements for IIM Indore PGPHRM Summer Internship 2024

The following are the summer internship placements for the PGPHRM cohort 2022–24:

Particulars	Internship Statistics
Highest Stipend	INR 3.2 lakhs
Average Stipend	INR 2.2 lakhs
Median Stipend	INR 2 lakhs
Recruiters	15+
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.

More than 15 recruiters visited the campus during the summer internship placement of the PGPHRM cohort 2022–24, and the maximum stipend of INR 3.2 lakhs for two months was given. The median stipend was INR 2 lakhs, with an average of INR 2.2 lakhs for the two months. The average stipend increased by 22% at IIM Indore as well.

Among the top hiring managers was Aditya Birla. For example, AON, BLS, Capgemini, Deloitte, JSW, HP, and TATA Capital.

Summer Internship Placements at IIM Indore 2024 Batch Profile

IPM batch 2022-24 and PGP batch 2022-24 batch profiles are as follows:

Particulars	Batch Profile
Total IPM Students	98
Total MBA Students	508
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/etc)	28%

• The summer internship placement 2024 attracted 606 applicants in total, of whom 508 were MBA students and 98 were IPM students.
• 32% of MBA students are female, compared to 68% of male students. Additionally, there are 33% female students and 67% male students in the IPM batch.
• Approximately 55% of the students have an employment history, with an average length of employment of 21 months.
• Approximately 28% of the students have earned degrees from prestigious schools like the IIT, NIT, and BIT.

Job Roles Offered for Summer Internships at IIM Indore in 2024

The following are some of the roles that will be available during the summer internship placement in 2024 across many domains:

Domain	Roles offered
Finance	Asset Management, 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.
Sales and marketing	Account Management, Brand Management, B2B Sales, Modern Trade, Product Marketing, Sales Planning, E-commerce, Category Management, Channel Management, Digital Marketing, and Growth and retention marketing.
General Management, HR and Operations	Business Strategy, Cost Optimization, Founder's Office, HR Consulting, Investor Relations, Operations Management, Project Management, Quality and Process Excellence, and Supply Chain Management.
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 and Business Optimization.
IT/ Analytics	Product Management, Program Management, Business Analytics, Bid Management, Cloud Platforms, Digital Journey Owner, Healthcare Analytics, IT Transformation, and Product Development.

IIM Indore Placements Companies

Do you want to know, who are the top recruiters of IIM Indore Placement? So, check the list below for top recruiters of IIM Indore Placement.

Recruiters
Adani
Axis Bank
Byju’s
Cashfree
EY
IBM
Infosys
PWC
PinPoint
HSBC

Frequently Asked Questions about the IIM Indore

Q. Does IIM Indore have 100% placement?

Ans. IIM Indore has completed 100% of the 2023 IPM and MBA final placements, with the highest compensation increasing by 132% to Rs. 1.14 Cr. per year and the average income increasing by 21% to Rs. 30.21 LPA.

Q. Does IIM Indore have good placements?

Ans. In addition, the institute saw the highest domestic package of INR 41.5 LPA and the highest international package of INR 56.8 LPA. The average remuneration package increased by 14% over the previous batch placement to INR 23.6 LPA. The average wage was 21 LPA or INR.

Q. What is the highest package in IIM Indore?

Ans. There were 160 recruiters in total who came to the school, and IIM Indore formed 80 new associations. The domain for consulting received the most offers. The highest package at IIM Indore was INR 1.14 CPA, and the average package there was INR 30.21 LPA.

Q. Is IIM Indore a Tier 1 college?

Ans. Indian Institutes of Management (IIMs) in Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Indore, and IIM Lucknow are among the best colleges.

Q. What is the lowest salary in IIM Indore?

Ans. The typical LPA ranges from 8 to 10. The lowest CTC drops to between 5 and 6 LPA. Additionally, many graduates even struggle to find employment.

Q. Is IIM Indore easy?

Ans. IPM AT should be simple for you to ace if you have a solid foundation in mathematics, logical aptitude, and English. The problems in the mathematics part varied from moderate to challenging, but they were all generally moderate or simple in the English section.

Q. What rank is required for IIM Indore?

Ans. The qualifying sectional CAT cutoffs for General category applicants for IIM Indore MBA admission to the PGP batch are 80, while the requisite total percentile rank is 90.

Q. Is IIM Indore worth joining?

Ans. If you wish to launch your own business, IIM Indore is the place to go. Their Incubation Center has generated some very outstanding work. Do not worry about earning the highest salary if you are a student because most students do not work at their first job for more than a year.

Q. What is IIM Indore famous for?

Ans. According to the NIRF India Ranking 2022, IIM Indore is placed number seven in the management category. It is a renowned public business school with independent standing in India. Along with several executive degrees, PGP and PGPMX programs are available at IIM Indore.

Q. What is the salary of IIM Indore freshers?

Ans. At IIM Indore, the CTC was 30.21 LPA on average. The median CTC increased by 12.9%, and the average annual salary is now INR 27.20 lakhs. The biggest package available at IIM Indore was INR 1.14 crores annually, a significant rise of 132.6% from the prior year.