IIM Indore Placements 2023: Report, Salary Statistics, Average Package, Highest Package
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Indian Institute of Management (IIM) Indore, Indore Placements

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Indian Institute of Management (IIM) Indore , Indore Campus
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Indian Institute of Management (IIM) Indore
Aditya Naman Singh Indian Institute of Management (IIM) Indore

Indian Institute of Management (IIM) Indore,Placement Highlights 2024

Latest Update: IIM Indore Placement 2024 is out, You can check out the Highest and Average Package is INR 100 LPA and INR 25.68 LPA respectively. The Top Recruiters included Cognizant, Deloitte, Accenture, Infosys, Amazon, 
HCL, ICICI Bank, HDFC Bank and TCS. 

About IIM Indore: it is one of the elite management schools among the group of 20 Indian Institutes of Management which is located in the city of Indore, Madhya Pradesh. IIM Indore is the sixth autonomous B-School in the league after IIM Kozhikode. The institute was established in the year 1996 and it is spread over 193 acres of land. Read about IIM Indore AdmissionsIIM Indore Fees

The IIM Indore Placement Batch of 2021-23 had 568 students, one of the largest MBA batch across all IIMs. The batch was given various opportunities in many fields by major Indian and worldwide organizations.

Over 160 recruiters participated this season, with over 80 new recruiters developing partnerships with the institute. The IIM Indore Placements continue to expand year after year, with the Average Salary for the 2021 - 23 batch standing at INR 30.21 lakhs, a 20.8% increase from the previous year. The Median Salary increased by 12.9% to INR 27.20 lakhs. This year’s most significant pay package or the IIM Indore Placement Highest Salary was 1.14 Crore. The Top 100 students secured an Average Package of INR 52.06 Lakhs while the average for the Top 200 stood at INR 40.55 Lakhs. It is important to note that the PGP HRM Department recorded a 100% placement rate in the recent placement round.    

Quick Facts about IIM Indore Final Placements 2023

  • When compared to 2022, the average package offered to EPGP students during placements in 2022 has increased by nearly 5%.
  • While comparing to 2022, the highest package offered to EPGP students during placements was 43.9 LPA.

IIM Indore Summer Placements

IIM Indore Summer Placements for the MBA class of 2022-24 have been concluded recently. 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, around 140 companies participated and made offers to students. Top Recruiters for the internships leading companies such as Bain & Company, BCG, and KPMG were among the top recruiters for IIM Indore summer placements for the 2024 batch. Read more about IIM Indore Placement in the following write-up. 

IIM Indore Placement Batch Profile at Glance 

The following table represents the Salary statistics and batch profile for 2023 at IIM Indore Placement:

ParticularsStatistics
Female 34%
Male66%
Total MBA Candidates470
Dual Degree Candidates98
Average work experience of students21 months
Candidates with work experience55%
The sector of work Experience: highestIT
The sector of Work Experience : Lowest Healthcare, FMCG
Top 100 StudentsINR 52.06 LPA
Top 200 StudentsINR 40.55 LPA

IIM Indore Placement 2023 Highlights:

The below table represents the highlights for the IIM Indore Placements: 

ParticularsStatistics
Highest Package (Domestic)1.14 Crore
Highest Package (International)70 LPA
Average CTC30.21 LPA
Increase in Average CTC20.8%
Median CTC27.2 LPA
Increase in Median CTC12.9%
No. of recruiters160
Top RecruitersAccenture Strategy, Bain & Company, Google, Microsoft, Amazon
No. of students for placements568
Employment SectorsBanking, Financial Services & Insurance (BFSI), Consulting, Consumer Products & Retail (CPR) and Technology, Media & Telecommunications (TMT)

IIM Indore Batch Placed 2023:

The table below shows the companies that were visited, the offers that were made, and other placement details during placements 2022:

                                                                                                     PGP IPM

Particulars

Statistics (2022)

Total students placed568
Companies visited160
New recruiters80

EPGP

Total Students57
On-campus offers made160+
Companies visited68+
First-time recruiters27

PGP HRM

Companies visited20
Placement rate100%

IIM Indore EPGP Sector-wise Placements 2023:

The following table describes the IIM Indore EPGP Sector Wise Placement 2023:  

Particulars

Statistics (2023)

Consulting19%
IT/Operations/SCM35%
Product Management19%
Finance17%
General Management8%
Sales & Marketing2%

IIM Placement Campus Wise Comparison

The below table displays the number of recruiters, highest CTC, no of offers for IIMs:

Institute

No. of Recruiters

No. of Offers

Highest CTC (Range)

Top Recruiters

IIM Calcutta190573INR. 1.15 CroreAccenture, Google, Flipkart.
IIM Bangalore162606INR. 80 LPASamsung, TVS Motors, Aegon Life, Genpact.
IIM Lucknow200+632INR 1 CroreDeloitte, PwC, Mckinsey & Company, EY.
IIM Nagpur100+-INR. 64 LPAICICI Bank, IBM, KPMG, Infosys, Cognizant.

IIM Indore Placements 2023- Domain-wise Recruiters List

Around 180 recruiters attended IIM Indore placement in 2023, with 80 first-time recruiters expressing interest in hiring for various roles across multiple sectors for the Post Graduate Program.

IIM Indore Placement - Consulting Domain

The Consulting domain was the first and most popular, accounting for 29% of all jobs. Accenture Strategy, Acuvon Consulting, Avalon Consulting, Bain & Company, Deloitte USI, Everest Group, Eversana, Ernst & Young(EY), Infosys Consulting, KPMG, McKinsey & Company, PwC India, Redseer Consulting, Samgara, Teleperformance, and Vector Consulting were among the companies actively seeking candidates for this domain.

BFSI, Deal Strategy, Digital Transformation, Enterprise Strategy, E-Commerce, IT Transformation, M&A, Operations Transformation, Research and Advisory, Risk & Financial Advisory, Strategy and Business Optimation, and Technology Consulting were some of the significant practice-specific jobs.

IIM Indore Final Placements 2023- Sales and Marketing domain

With important profiles like Product Marketing, Product Manager, etc., this domain was the second most popular after Consulting and General Management, HR, and Operations. There were 18% offers from prominent recruiters, many of whom were also brand-new recruiters. Numerous offers were made to the candidates by organizations including Asian Paints, Bajaj Auto, CavinKare, Everest Industries, Haleon,  Hero MotoCorp, HUL, IBM, Infosys Ltd, ITC, JK Cement, L&T Technology Services, Lodha Group, PepsiCo, Reckitt, RSPL Group Samsung, TAFE, Tolaram and Varroc Group.

IIM Indore Finance Placements 2023

18% of the placement offers at IIM Indore were in the financial sector. Top financial recruiters like Ambit Capital, Axis Bank, Bank of America, Barclays, Credit Suisse, D.E. Shaw, Delhivery, Deutsche Bank, Edelweiss Alternative Asset Advisor, Goldman Sachs, HDFC Bank, ICICI Securities, IIFL Wealth & Asset Management, JP Morgan Chase & Company, Lincoln International, OneAssist, SBI Capital, Standard Chartered, and TVS Capital Funds offered a wide range of roles in the financial sector, including Asset Management, Capital Markets, Capital Risk, Compliance, Corporate Banking, Credit Risk, Cards, Enterprise Risk, Equity Research,

IIM Indore Placement 2023 - General Management, HR & Operations

Major companies like Adani Group, Alkem, Apollo Supply Chain, Bira 91, Biocon, BLS International, Capgemini E.L.I.T.E, Cipla, Flipkart, Genpact, HSBC Technology, Jindal Steel Works, Jio Platforms Kotak Mahindra Bank, Mahindra & Mahindra, Maruti Suzuki, OfBusiness, PhonePe, Reliance Industries Limited, Salesforce, TATA AIA, TATA Motors, Tech Mahindra, Wipro, and Xanadu Realty limited were among the top recruiters who provided 19% of the offers.

IIM Indore Final Placements 2023 - IT/ Analytics

Top recruiters made 16% of the offers for the various IT/Analytics opportunities that were available. Top recruiters offered positions in IT/Analytics and Product Management at companies like _VOIS, Amazon, American Express, Axtria, Capgemini Chrysalis, CarDekho, Carwale, CASHe, Cognizant, EXL Analytics, General Electric, Google, IBM, MagicBricks, MakeMyTrip, Merilytics, Microsoft, Ola, Optum, Samsung, TATA Communications, Tiger Analytics and Walmart.

 

IIM Indore PGP IPM Domain-wise Placements 2022

The table below shows the Domain Wise split of IIM Indore Placement 2022: 

DomainsPercentage of Students Placed
Sales & Marketing18%
Consulting31%
Finance20%
Genman, Ops & Others16%
IT / Analytics15%

IIM Indore PGP IPM Sector-wise Placements 2022

It gets very clear from the infographic below that the major sector of work experience is IT sector, followed by consulting and FMCG, rest of the sectors are mentioned in below infographic:

IIM Indore Placement Top Recruiters 

The below table mentions the IIM Indore Placement 2022 top recruiters:

IIM Indore Placement Top Recruiters 

AccentureABInBevAmazonAmerican Express
BajajBain & CompanyBCGBiocon
CapgeminiCognizantDE Shaw & CoDeloitte
Everest GroupEYGoogle Goldman Sachs
HDFC BankHero MotorsInfosysJPMorgan Chase & Co.
KPMGL’Oreal Mahindra McKinsey & Company
Morgan StanleyPwCReliance Industries LtdTATA Steel
Tech MahindraTimes InternetTVS MotorsUnacademy 
WalmartWiproXiaomiYes Bank

IIM Indore Placement Average Package 

EPGP

Average packageINR 27.8 LPA
Average CTC of Top 25%INR 34.8 LPA
Average CTC of Top 50%INR 32.8 LPA
Average CTC of female participantINR 28.9 LPA

PGP IPM

Average packageINR 30.21 LPA
Average CTC of top 100 studentsINR 52.06 LPA
Average CTC of top 200 studentsINR 40.55 LPA

PGP HRM

Average SalaryINR 22.6 LPA
Average CTC of 25%INR 27.6 LPA
Average CTC of Top 50%INR 25.4 LPA

 

IIM Indore Average Package Trends: 2022 vs 2021 vs 2020

Over the last three years, a varying pattern has been seen in the average package provided to students who pursued the EPGP program. For the PGP and IPM course, a rising tendency has been seen, nevertheless. The average package supplied overall over the last three years is shown in the trend graph below:

Course

Statistics (2022)

Statistics (2021)

Statistics (2020)

EPGPINR 25.9 LPAINR 19.99 LPAINR 24.10 LPA
PGP and IPMINR 25.01 LPAINR 23.60 LPAINR 22.92 LPA

IIM Indore Highest Package 2023

The table below shows the highest course-specific package offered during placements in 2022:

Course

Highest package (2023)

EPGP Highest packageINR 43.90 LPA
PGP HRMINR 34.50LPA

PGP and IPM

Highest packageINR 1.14 Crore
Top 100INR 52.06 LPA
Top 200INR 40.55 LPA

IIM Indore Highest Package Trends: 2022 vs 2021 vs 2020

In the past three years, there has been a shifting trend in the maximum package provided for EPGP, PGP, and IPM courses. The course-wise maximum package supplied over the last three years is shown in the trend graph below:

The table below shows the course-wise trends for the highest package in the last three years:

CourseStatistics (2022)Statistics (2021)Statistics (2020)
EPGPINR 70 LPAINR 32.76 LPAINR 80 LPA
PGP and IPMINR 49 LPAINR 56.80 LPAINR 50 LPA

IIM Indore Median Package 2023

The table below shows the median package offered for each course during IIM Indore placements in 2023:

Particulars

Statistics 2023

EPGP median packageINR 30.0 LPA
PGP and IPM median packageINR 27.20 LPA
PGP HRM median packageINR 22.20 LPA

IIM Indore Placements 2023: Top IIMs Comparisons

Students often find Placement information useful to choose which college to go to. The following table shows the highest and average packages offered, as well as the number of offers made in top IIMs during IIM Indore placements in 2022: 

Particulars

Highest Package

Average Package

IIM Indore

EPGP- INR 43.9 LPA

PGP IPM- INR 1.14 Crore

PGP HRM- 34.5 INR 

EPGP- INR 27.80 LPA

PGP IPM- INR 52.06 LPA

PGP HRM- INR 22.60 LPA

IIM BangaloreINR 80.0 LPAINR 35.31LPA
IIM LucknowINR 55 LPAINR 32.20 LPA
IIM KozhikodeINR 67.02  LPA INR 31.02 LPA
IIM ShillongINR 71.30 LPAINR 26.96 LPA

IIM Indore Placement Brochures

You can read about the IIM Indore Placement brochure and the placement brochure of the top IIMs of India in the table below: 

YearIIM Indore Placement Brochure
2023IIM Indore Placement 2023
2022IIM Indore Placement 2022
2021IIM Indore Placement 2021
2020IIM Indore Placement 2020
2019IIM Indore Placement 2019
2018IIM Indore Placement 2018
2017IIM Indore Placement 2017

IIM Indore Placement Cell Contact Details 

The following table represents IIM Indore Placement cell contact details:

ParticularsDetails
Emailplacement@iimidr.ac.in
Phone Number+91 - 731 - 2439658
Websitewww.iimidr.ac.in/placements

 

Indian Institute of Management (IIM) Indore Top Recruiters

Dell Dell
American Express American Express
Cognizant Cognizant
Cadbury Cadbury
Boston Analytics Boston Analytics
Deloitte Deloitte
Deutsche Bank Deutsche Bank
Dr.Reddy’s Laboratories Ltd Dr.Reddy’s Laboratories Ltd
evalueserve evalueserve
goldman sachs goldman sachs
grail research grail research
Hewlett-Packard (HP) Hewlett-Packard (HP)
HPCL HPCL
ICICI Bank ICICI Bank
infosys infosys
Indian Oil Corporation Ltd (IOCL) Indian Oil Corporation Ltd (IOCL)
ITC ITC
Larsen & Toubro Ltd. Larsen & Toubro Ltd.
maruti suzuki maruti suzuki
McKinsey & Co McKinsey & Co
morgan stanley morgan stanley
newgen newgen
oracle oracle
patni computers patni computers
pfizer pfizer
TCS TCS
Wipro Wipro
Idea Cellular Idea Cellular
Adventity BPO India Pvt. Ltd. Adventity BPO India Pvt. Ltd.
Career Launcher India Ltd Career Launcher India Ltd
Fortis Healthcare Fortis Healthcare
impetus impetus
NDTV NDTV
RAMCO Systems RAMCO Systems
Reckitt Benckiser (I) Pvt. Ltd Reckitt Benckiser (I) Pvt. Ltd
Shree Cement Ltd Shree Cement Ltd
Standard Chartered Bank Standard Chartered Bank
TELCO TELCO
Torrent Torrent
Virtusa Virtusa
Airtel Airtel
MBT (MAHINDRA BRITISH TELECOM)-tech mahindra MBT (MAHINDRA BRITISH TELECOM)-tech mahindra
MphasiS MphasiS
Accenture Accenture
Asian Paints Asian Paints
Citi Bank Citi Bank
Dabur Pharmaceutical Dabur Pharmaceutical
HCL Technologies HCL Technologies
HT Media HT Media
i-flex i-flex
ICICI Prudential ICICI Prudential
Newgen Software Technologies Ltd. Newgen Software Technologies Ltd.
NIIT NIIT
Titan Industries Titan Industries
TVS Electronics TVS Electronics
ABN AMRO Group ABN AMRO Group
Acme Technologies Pvt. Ltd. Acme Technologies Pvt. Ltd.
Aditya Birla Group Aditya Birla Group
Mphasis Mphasis
Aricent Group Aricent Group
Ashok Leyland Ashok Leyland
Bajaj Auto Bajaj Auto
Barclays Bank Barclays Bank
BASF BASF
Bharat Forge Limited Bharat Forge Limited
Bharat Petroleum Corporation Limited (BPCL) Bharat Petroleum Corporation Limited (BPCL)
Bharti Enterprises Limited Bharti Enterprises Limited
Blue Star Technologies Blue Star Technologies
BMC Software BMC Software
Bristle Cone Bristle Cone
Britannia Industries Britannia Industries
CAP Gemini CAP Gemini
Covansys Covansys
Edelweiss Edelweiss
Eicher Tractor Ltd. Eicher Tractor Ltd.
Frost & Sullivan Frost & Sullivan
GMR Infrastructure Limited GMR Infrastructure Limited
GODREJ Pvt. Ltd GODREJ Pvt. Ltd
HDFC Bank HDFC Bank
Hewitt Technologies Hewitt Technologies
Horizon Software Solutions Horizon Software Solutions
HSBC. HSBC.
Ingersoll Rand Ingersoll Rand
ISRO ISRO
Johnson & Johnson Johnson & Johnson
JP Morgan Chase JP Morgan Chase
Kotak Securities Kotak Securities
MindTree MindTree
Motorola India Limited Motorola India Limited
PHILIPS PHILIPS
Infosys BPO Infosys BPO
Ranbaxy pvt ltd Ranbaxy pvt ltd
Reliance Reliance
SAP SAP
Mahindra Satyam Mahindra Satyam
SONY INDIA SONY INDIA
TATA MOTORS TATA MOTORS
TESCO TESCO
ZUARI ZUARI
A. F. Ferguson and Co. A. F. Ferguson and Co.
Agro Tech Foods Limited Agro Tech Foods Limited
Air India Air India
Blueshift India Private Ltd. Blueshift India Private Ltd.
Carrier Aircon Carrier Aircon
Castrol India Ltd Castrol India Ltd
Coca-Cola India Coca-Cola India
Colgate Palmolive India Ltd. Colgate Palmolive India Ltd.
CRISIL CRISIL
Darashaw Darashaw
Dupont Dupont
Electrolux Kelvinator Ltd. Electrolux Kelvinator Ltd.
Export-Import Bank of India (EXIM Bank) Export-Import Bank of India (EXIM Bank)
IDBI Bank IDBI Bank
IDFC IDFC
Lehman Brothers Lehman Brothers
Marico Industries Ltd. Marico Industries Ltd.
Mercedes- Benz (India) Ltd. Mercedes- Benz (India) Ltd.
Pepsico Holdings (I) Pvt. Ltd. Pepsico Holdings (I) Pvt. Ltd.
Piramal Enterprises Ltd Piramal Enterprises Ltd
Price Waterhouse Coopers Price Waterhouse Coopers
Procter & Gamble Procter & Gamble
State Bank of India State Bank of India
SBI Capital Markets Ltd SBI Capital Markets Ltd
SEBI SEBI
Tata Administrative Service Tata Administrative Service
Tata Strategic Management Group Tata Strategic Management Group
Welspun Welspun
Wockhardt Ltd. Wockhardt Ltd.
A.K. Capital Services A.K. Capital Services
ABC Business Solutions ABC Business Solutions
Alembic Pharmaceuticals Alembic Pharmaceuticals
Alghanim Industries Alghanim Industries
Americorp Capital Americorp Capital
Anand Corporate Services Anand Corporate Services
Angel Broking Angel Broking
Aptivaa Consulting Aptivaa Consulting
Aranca Aranca
Arthur D. Little Arthur D. Little
ASB International ASB International
Astro Measat Astro Measat
Atos Origin Atos Origin
Bangalore Labs Bangalore Labs
BASIX BASIX
Bennett Coleman & Co Bennett Coleman & Co
Bharti Telenet Bharti Telenet
Birla Management Corp Ltd Birla Management Corp Ltd
CSC India CSC India
Cypress Cypress
Dawnay Day AV Dawnay Day AV
EMDICO EMDICO
eYantra eYantra
Gecis Gecis
Glaxo Smithkline Consumer Ltd (GSK) Glaxo Smithkline Consumer Ltd (GSK)
Glenmark Pharmaceuticals Ltd Glenmark Pharmaceuticals Ltd
Global Trust Bank Global Trust Bank
GTL GTL
H & R Johnson H & R Johnson
Headstrong India Headstrong India
Hill & Associates Hill & Associates
Hinduja Group Hinduja Group
ICICI Lombard ICICI Lombard
ICICI One Source ICICI One Source
ICI Paints ICI Paints
ICIL ICIL
Indian Aluminum Company Indian Aluminum Company
IRCTC IRCTC
Irevna- CRISIL Irevna- CRISIL
ITW Signode ITW Signode
K Raheja Universal ( KRUPL) K Raheja Universal ( KRUPL)
Knight Frank Knight Frank
KPMG India KPMG India
Kotak Mahindra Bank Kotak Mahindra Bank
Kotak Mahindra Finance Kotak Mahindra Finance
Macquarie Bank Macquarie Bank
Madura Coats Madura Coats
Matrix Labs Matrix Labs
Merck Merck
MNYL MNYL
Novartis Enterprises Novartis Enterprises
Muruguppa Group Muruguppa Group
OCBC Bank Singapore OCBC Bank Singapore
Ocwen Financial Services Ocwen Financial Services
Oil & Natural Gas Corp. Oil & Natural Gas Corp.
Raymonds Raymonds
Red FM Astro Red FM Astro
Reuters Reuters
RPG Enterprises RPG Enterprises
Saint Gobain Glass Saint Gobain Glass
Singareni Colleries Singareni Colleries
Singhi Advisors Singhi Advisors
STCI STCI
Stern Stewart & Co Stern Stewart & Co
STG International STG International
Tata Capital Tata Capital
Tata International Tata International
Trident Trident
UAE Exchange UAE Exchange
Verve Consulting Verve Consulting
Vichara Technologies Vichara Technologies
Videocon International Videocon International
WNS Group WNS Group
Unilever Unilever
Unit Trust Of India Unit Trust Of India
Axis Bank Axis Bank
Yes Bank Yes Bank
Citi Finance Citi Finance

Student's Rating for Indian Institute of Management (IIM) Indore , Indore

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college search   4.5

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college search   4.5

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Student's Reviews for Indian Institute of Management (IIM) Indore , Indore

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college search   5

30-03-2018
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Yashvendra Singh
MBA / PGDM Student

college search  4.0 Canteen

college search  5.0 Infrastructure

college search  4.5 Sports

college search  4.5 Events

college search  4.0 Society / Clubs

college search  4.0 PG

college search  4.5 Hostel

college search  4.5 Internship/Placement

college search  4.5 Faculty

IIM Indore one of the leading B-schools in India

Placement: Excellent summers as well as final placements with over 200 recruiters

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college search   5

30-03-2018
Y

Yashvendra Singh
MBA / PGDM Student

college search  4.0 Canteen

college search  5.0 Infrastructure

college search  4.5 Sports

college search  4.5 Events

college search  4.0 Society / Clubs

college search  4.0 PG

college search  4.5 Hostel

college search  4.5 Internship/Placement

college search  4.5 Faculty

IIM Indore one of the leading B-schools in India

Faculty: Excellent methodology adopted for teaching+interactive classroom sessions

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Contact Details

Address

Prabandh Shikhar, Rau - Pithampur Road, Indore, Madhya Pradesh, 453556

College Contact

0731 - 24XXXXXX89

Email

pgxxxon@xxxin

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