IIM Indore Placements 2024: Highest Package & Average Package
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 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.