IIM Indore placements 2023 are now concluded. IIM Indore highest package increased by 132.6% which stood at INR 1.14 CPA whereas IIM Indore average package increased by 20.8% which stood at INR 30.21 LPA.
IIM Indore placements 2023 are now concluded. IIM Indore highest package increased by 132.6% which stood at INR 1.14 CPA whereas IIM Indore average package increased by 20.8% which stood at INR 30.21 LPA.
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.
Highest Package | 1 Cr |
---|---|
Average Package | 25.68 L |
If you are interested in studying energy management, you can choose NTPC School of Management. The college has trained a large number of professionals over the years.
BIMTECH is better if you’re interested in any other domain. It has been offering various industry-relevant programs and good placements.
Particulars |
NTPC MBA |
BIMTECH MBA |
Highest Package |
INR 25 LPA |
INR 23.43 LPA |
Average Package |
INR 12 LPA |
INR 9.38 LPA |
Fees |
INR 1,630,000 |
INR 11 L - 13 L |
With the table mentioned above, you can easily analyze the ROI and choose what’s better for you.
The best way to answer the ‘Why IPM’ question in the IIM Indore interview is to state your future career plans and explain how IPM is the perfect program for achieving those goals. The interviewer wants to know what made you choose the program. So, you need to provide a couple of valid reasons why IPM aligns with your goals. For example, you can say, the course curriculum of IPM is updated according to the current industry practices. So, it will be easier for you to pick up the skills and knowledge required to have a successful career in the industry.
Having a clear idea about your future goals will help you formulate an authentic answer to this question. Also, read about the IPM program. Read about its course structure, mission, vision of the course, etc.
The future scope of Post Graduate Certificate Programme in Finance at IIM Indore is good. This course is great for knowledge up-gradation. Most working professionals have received an increment or promotion or both after completing this course.
If you are a working professional with more than four years of experience in the industry and looking for managerial-level posts, then you can benefit a lot from this course.
The batch profile is usually a mix of Banker, CA, CS, BFSI professionals, Engineers, etc. You will learn through virtual live platforms. Classes are scheduled on weekends.
All three of these courses are 1-year programs on Management for professionals with good industry experience.
PGPMX IIM Indore course curriculum is up-to-date with subjects such as social media marketing and organizational perspectives. The curriculum is designed by keeping in mind that the students have at least 5 years of experience in the industry. This course includes preparatory Harvard Business School courses, to make sure that everyone is up to speed with the rigor of the program. The class profile is diverse, so you will get amazing peer-to-peer learning opportunities.
If you have a few years of work experience, this course will help you strengthen your foundation. It will offer good career enhancement opportunities as well.
According to the IIM Indore admission trends, OBC students need to have a percentile of around 80 or above to get admission. Here is the overall CAT 2021 cutoff for IIM Indore.
Category | Cutoff |
General | 90 |
NC-OBC | 80 |
SC | 60 |
ST | 50 |
PWD | 50 |
Naturally, the cutoff trend is unpredictable. So, try to score as much as p[ossible to be on the safe side.
For GEM, the CAT percentiles required to get an interview call from IIM Blackis, FMS, SP Jain, JBIMS, and MDI Gurgaon are
It’s important to know that these figures are based on trends and not on actual data so you will find exceptions everywhere. Moreover, it’s better you don’t waste time analyzing the CAT cutoff and start preparing for the same.
The fee structure of IPM from IIM Indore is given below in detail. The fee structure for the first three years are as follows.
The course fee for resident Indians is 4 Lakhs per annum for the first 3 years.
Head | IPM - I | IPM - II | IPM - III |
Course Fee | 400000 | 400000 | 400000 |
Medical Insurance Premium | 711 | 711 | 711 |
Refundable Caution Deposit | 50000 | - | - |
Mess Deposit | 45000 | 45000 | 45000 |
Grand Total | 495711 | 445711 | 445711 |
The course fee for International students is - 6 lakh per annum. The course fee for the 4th and 5th year students would be as per prevailing PGP fees.
My friend has graduated from IIM Indore and would describe the fests as massive events of celebration. The institute organizes a lot of literary and cultural events but the two main events in the year are as follows:
Atharv:
Another important fest is titled Ranbhoomi. It is the Annual National Level Sports Festival. This one is held for three days as well and the events range from Cricket, Basketball, Volleyball, Football, and even Chess and Arm-Wrestling.
Yes. It is absolutely worth joining IIM Indore for the IPM Program. Though, you need to clear the IPMAT and the interviews. One of my friends had completed the IPM program at IIM Indore and here are some facts that may be useful to you.
In the evening, things are a bit relaxed as people pursue their interests, sports or hang out with their friends. Things might be hectic on some days, but it will not be boring at IIM Indore.
Many of my friends graduated from IIM Indore and here is some information about the different fields in the institute.
Strategy
Marketing and Finance
Here are the placement statistics for the year 2021.
Highest International CTC | INR 56.8 LPA |
Highest Domestic CTC | INR 41.5 LPA |
Average CTC | INR 23.6 LPA |
Major domains | Finance and Sales & Marketing |
Top recruiters | PwC, Deloitte, Optum, BCG, Amazon, Cipla, MX Player, ACT Fibernet, Paytm, Microsoft |
Lastly, one can say that the candidate will be getting the best faculty to teach them in the institute. It is up to the decision of the aspiring candidate about their choice of domain. The trend of placement varies every year. It is important to choose the field of study as the interest of the candidate.