Enroll Free
0
search icon
CAT

IIM Indore Placements 2024: Highest Package & Average Package

06 July, 2024
Priyal Kakaye

IIM Indore Placements 2024: IIM Indore successfully placed all students from its PGP and IPM batch of 2024. Over 150 recruiters participated, offering diverse opportunities for the graduating batch. The highest package offered stood at INR 100 LPA. The average package decreased compared to the previous year, settling at INR 25.68 LPA. The consulting cohort (25%) made the maximum number of offers, followed by the finance cohort (19%).

 

IIM Indore Placements 2024: Highest Package & Average Package

IIM Indore Summer Internship Placements 2024 reports are released. A total of 140 recruiters, including 55 new recruiters, visited the campus to provide internship opportunities to the batch of 606 students. IIM Indore’s highest stipend was INR 6 lakhs, and its average stipend was INR 2.74 lakhs. IIM Indore witnessed a 50% increase in the highest stipend and a 37% increase in the average stipend.

Moreover, we are waiting for the official release of the IIM Indore Placements 2024 report.

IIM Indore Placements 2024 Report 

The 2024 placement report of PGP and IPM programs is as follows:

 

Particulars Placement Statistics (2022-24) Placement Statistics (2021-23)
Batch Size 594 568
Total Recruiters 150 160 
New Recruiters  50 80
Highest Package INR 1 Crore INR 1.14 Crore
Average Package INR 25.68 LPA INR 30.21 LPA
Median Package INR 24.5 LPA INR 27.2 LPA
Top Recruiting Domains Consulting Consulting 
Top Recruiters  HDFC Bank, Pwc India, ICICI Bank, Navi, Ola Electric Accenture Strategy, Acuvon Consulting, Aspect Ratio, Avalon Consulting

 

The placement statistics of some of the top B-schools 

 

Institute Name Highest CTC Average CTC Median CTC
IIM Indore  INR 1.14 CPA INR 30.21 LPA INR 27.2 LPA
IIM Rohtak INR 36 LPA INR 18.73 LPA INR 17.5 LPA
IIM Kozhikode  INR 67.02 LPA INR 31.02 LPA 27 LPA
IIM Lucknow INR 1 CPA INR 32.23 LPA INR 30 LPA
IIM Shillong  INR 71.30 LPA INR 26.96 LPA INR 26.09 LPA

 

Know more: IIM Nagpur Placements 2024-2025

IIM Indore Placements 2024 Sector Wise

The following table represents the sector-wise placements for the batch 2024 at IIM Indore:

 

Sectors Percentage of Offers
Consulting 25%
Finance 19%
Sales & Marketing 19%
IT / Analytics 12%
General Management / HR / Operations 25%

 

IIM Indore Placements Sector-wise Analysis 2023

 IIM Indore’s highest package was recorded at INR 1.14 CPA. 160 Top Recruiters and 80+ New Recruiters took part in the placement drive. The following table represents the sector-wise analysis for IIM Indore Placements 2023:

 

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

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

 

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

 

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

 

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

 

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

 

Know more: JBIMS Placements 2024

IIM Indore Average Package 2023

IIM Indore average package stood at INR 30.21 LPA for the PGP & IPM batches, INR 22.6 LPA for the PGPHRM batch & INR 27.8 LPA for the EPGP batch. The below table will show you the year-wise comparison of the average packages:

 

Courses 2023 2022
PGP & IPM INR 30.21 LPA INR 25.01 LPA
PGPHRM INR 22.6 LPA INR 20.3 LPA
EPGP INR 27.8 LPA INR 25.9 LPA

 

  • PGP & IPM average package increased by 20.8% as compared to the previous year.
  • PGPHRM average package increased by 11%.
  • EPGP average package also increased by 7.3%.
  • The average package of IIM Indore increased from INR 25.01 LPA in 2022 to INR 30.21 LPA in 2023.

 

Placement Year Average Package
2023 INR 30.21 LPA
2022 INR 25.01 LPA
2021 INR 23.6 LPA
2020 INR 22.92 LPA

IIM Indore Highest Package 2023

IIM Indore highest increased from INR 49 LPA in 2022 to INR 1.14 CPA in 2023. The below table will show you the year-wise highest package trend of IIM Indore:

 

Placement Year Highest Package Offered
2023 INR 1.14 CPA
2022 INR 49 LPA
2021 INR 56.8 LPA
2020 INR 50 LPA

IIM Indore Placements 2023 Domain-wise 

During IIM Indore Placements 2023, the highest number of offers came from the Consulting domain, followed by the General Management, HR, & Operations domains.

 

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

IIM Indore Placements 2023 Job Roles Offered 

Some of the roles offered to the IIM Indore PGP and IPM students in various domains are as follows:

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 and operations, Fund Advisory, Investment Banking, Insurance Strategy, Portfolio Management, Pricing, Risk Management and underwriting, Tax, Trade Finance, and Treasury and 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

IIM Indore Placements 2023 Batch Profile 

You can check the details of the MBA and the IPM batch placed in 2023 placements in the below-mentioned table:

 

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

 

  • There were 470 MBA students and 98 IPM students during the 2023 placements.
  • In the MBA batch 2021-23, 65% of students were male and 35% female. In the IPM batch, 73% were male and 27% female. 
  • Among the MBA batch, 53% of the students have experienced an average of 21 months. 
  • Around 23% of the students graduated from premier institutes like IITs, NITs, and BITs.