IIM Indore has recently made the announcement of the 100% completion of IIM Indore placements 2023. This year, the institute has made a tremendous rise in placing students with lucrative packages. IIM Indore has made a 132.6% rise in the highest package. The college also invited new recruiters in placement drive 2023, including Ambit Capital, ASK Asset & Wealth Management, Axis Bank, Bank Of America, Barclays, BlackRock, CITI Bank, Credit Suisse, D.E. Shaw, Delhivery, etc. IIM Indore placement highlights 2023 for PGP-IPM have also been published. On the other hand, the institute has released the detailed IIM Indore placement report 2023 for its PGP-HRM and EPGP programmes.
In addition, IIM Indore has released the IIM Indore summer placement report for PGP-HRM and EPGP. Check out the IIM Indore placement data 2023 in the section below.
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IIM Indore witnessed a 100% placement rate this year. Students are placed in various sectors, including real estate, FMCG, consulting firms, BSFI, consumer foods, healthcare, logistics & manufacturing, etc. The IIM Indore placement report 2023 is shown below:
Particulars | Data |
Highest package | Rs 1.14 CPA |
New Recruiters | 80 |
Number of recruiters | 160 |
Average package | Rs 30.21 LPA |
Median package | Rs 27.2 LPA |
Increase in Highest CTC | 132.6% |
Increase in Average CTC | 20.8% |
Increase in Median CTC | 12% |
Top recruiting sector | Consulting firms |
Top recruiters | BCG, Deloitte India, Acuvon Consulting, Aspect Ratio, Accenture Strategy, Avalon Consulting, Bain & Company, Deloitte USI, Everest Group, etc. |
IIM Indore Placements 2022 - The IIM Indore placement report 2022 has been released by the institute. Students can check out IIM Indore placements highlights 2022 on this page. Indian Institute of Management Indore successfully completed the final IIM Indore placement drive 2022 for its flagship PGP-IPM, PGPHRM, and EPGP programmes. Despite the pandemic-induced economic slowdown, the institute has managed to place the largest MBA batch across all IIMs.
In 2022, over 200 recruiters participated in the IIM Indore placement drive. Among those organisations, 30 were first-time recruiters. The IIM Indore highest package was Rs 70 lakh per annum, and the average IIM Indore placement package stood at Rs 25.01 lakh per annum. The IIM Indore average package witnessed a rise of 6% compared to the last year.
So, if you are wondering, does IIM Indore have good placements and want to know more about the IIM Indore placements. Here is a glimpse into the entire IIM Indore placement process.
During the final Indian Institute of Management Indore placement season 2022, students were offered job opportunities across a wide range of sectors. The sectors that recruited the maximum number of IIM Indore students were banking, financial services and insurance (BFSI), consulting, consumer products and retail (CPR), and technology, media and telecommunications (TMT). Other prominent sectors were automotives, chemicals, energy, healthcare, hospitality, infrastructure, logistics and supply chain, manufacturing, mobility, pharmaceuticals, steel, and wine and spirits. In 2022, the IIM Indore placement percentage was 100%.
Particulars | IIM Indore PGP-IPM Placement Highlights 2022 |
Highest Package | Rs 49 LPA |
Average Package | Rs 25.01 LPA |
Median Package | Rs 24.09 LPA |
Top 100 Average Package | Rs 37.95 LPA |
Top 200 Average Package | Rs 32.75 LPA |
Total Companies | 200+ |
First-time Recruiters | 30+ |
Total No. of Students Participated | 572 |
Top Companies Participated | Bain & Company, Accenture Strategy, Acuvon Consulting, Avalon Consulting, KPMG, Deloitte, etc. |
The fourth batch of PGP-HRM graduates witnessed the participation of a large number of first-time recruiters and some of the legacy recruiters during the IIM Indore placement season 2022. A total of 20+ companies recruited fresh talents by the end of the final placement week.
Particulars | IIM Indore PGP-HRM Placement Highlights 2022 |
Highest Package | Rs 36 LPA |
Average Package | Rs 20.30 LPA |
Median Package | Rs 19.60 LPA |
Top 25% Average Package | Rs 24.42 LPA |
Top 50% Average Package | Rs 22.60 LPA |
Total Companies Participated | 20+ |
Top Companies Participated | Capgemini, Dalmia Bharat, ICICI Bank, TATA Mutual Fund, and HeroFinCorp, among others |
As per the Indian Institute of Management Indore placement report 2022, the EPGP placements saw a diverse range of recruiters participating in the IIM Indore placement process from all sectors. Some of the major recruiters are from the consulting and information technology sector, banking and finance, education, marketing, power, healthcare, and construction. Around 68 recruiters participated in the IIM Indore campus placement process, with 34 first-time recruiters.
Particulars | IIM Indore EPGP Placement Highlights 2022 |
Highest Package | Rs 70 LPA |
Average Package | Rs 25.90 LPA |
Median Package | Rs 23.60 LPA |
Top 25% Average Package | Rs 36.70 LPA |
Top 50% Average Package | Rs 31.30 LPA |
Students Placed | 53 |
Total Companies Participated | 68 |
New Companies Participated | 34 |
Top Companies | EY, Cognizant, IBM, Philips, and Jio, among others |
Accenture | ACT | Amway | American Express | Amazon |
CarDekho | Cipla | Aditya Birla Group | BCG | |
Groww | Goldman Sachs | Deloitte | EXL | Hexaware |
Max Life | L&T | KPMG | IBM | HSBC |
Indian Institute of Management Indore has successfully completed the summer placement process for the MBA class of 2021-23. A wide range of prominent recruiters visited the campus and offered summer internship opportunities to the students. This year, the average stipend stood at Rs 2 lakh, but the average stipend in the previous year was Rs 1.8 lakh. Therefore, IIM Indore summer placements 2022 witnessed an increase of 11% in the average stipend from the previous year. The internships were offered by recruiters across various sectors such as automotive, BFSI, consulting, e-commerce, healthcare, IT and technology, manufacturing, real estate, engineering, media and entertainment, and telecommunication, among others.
Particulars | IIM Indore Summer Placement Highlights 2022 |
Highest Stipend | Rs 4 lakh |
Average Stipend | Rs 2 lakh |
Median Stipend | Rs 2 lakh |
Top 100 Stipend | Rs 3.1 lakh |
Top 200 Stipend | Rs 2.75 lakh |
Number of Companies Participated | 150+ |
New Recruiters Participated | 30+ |
Axis Bank | Amazon | Cipla | Cocacola |
Dabur | GSK | Capegemini | CarDekho |
Deloitte | ICICI Bank | ITC | Bajaj |
Consulting | 29% |
GenMan and Operations | 19% |
Finance | 18% |
S&M | 18% |
IT/Analytics | 16% |
During the IIM Indore placement season 2023, the highest package recorded for PGP-HRM was Rs 34.5 lakh per annum. On the other hand, the IIM Indore average package for PGP-HRM stood at Rs 22.65 lakh per annum which is 11% more than the previous year’s Rs 20.30 lakh per annum. This year, around 20 recruiters offered job offers for various roles to the IIM Indore PGP-HRM batch of 2023.
Particulars | Placement Highlights 2023 | Placement Highlights 2022 |
Highest Package | Rs 34.5 LPA | Rs 36 LPA |
Average Package | Rs 22.65 LPA | Rs 20.30 LPA |
Median Package | Rs 22.2 LPA | Rs 19.60 LPA |
Top 25% Average Package | RS 27.6 LPA | Rs 24.42 LPA |
Top 50% Average Package | Rs 25.4 LPA | Rs 22.60 LPA |
Placement Percentage | 100% | 100% |
Total No. of Companies Participated | 20 | 20+ |
In IIM Indore placements 2023, more than 68+ recruiters visited the campus to recruit the EPGP students. During this placement season, the highest package offered was Rs 43.9 lakh per annum. On the other hand, the average package received by the EPGP students was Rs 27.8 lakh per annum, a 5% increase from the last year’s Rs 25.90 lakh per annum.
Particulars | Placement Stats 2023 | Placement Stats 2022 | Placement Stats 2021 | Placement Stats 2020 |
Highest Package | Rs 43.9 LPA | Rs 70 LPA | Rs 32.76 LPA | Rs 80 LPA |
Average Package | Rs 27.8 LPA | Rs 25.90 LPA | Rs 19.99 LPA | Rs 24.10 LPA |
Median Package | Rs 30 LPA | Rs 23.60 LPA | Rs 19.75 LPA | Rs 18.98 LPA |
Students Placed | 48 | 53 | 61 | 37 |
Total Companies Participated | 68+ | 68 | 50+ | 50+ |
PGP-IPM | ||||
Accenture Strategy | Acuvon Consulting | Aspect Ratio | Ernst & Young | Infosys Consulting |
Axis Bank | Bank of America | Barclays | CITI Bank | JP Morgan Chase & Co. |
IBM | Mahindra & Mahindra | American Express | Amazon | Deutsche Bank |
PGP-HRM | ||||
Aditya Birla Fashion & Retail | Biocon | BLS International | BlueMedix | Capgemini |
Crompton Greaves | Deloitte | DISYS | EXL | GAIL (India) Ltd. |
Hero FinCorp | ICICI Bank | Kotak Mahindra Bank | Vedanta | Winzo |
EPGP | ||||
Accenture Strategy | Accenture Technology | Adani | Agoda | Axis Bank |
Byju’s | CashFree | Everest Group | EY | FIITJEE |
Genpact | HSBC | JIO | Infosys | IBM |
Indian Institute of Indore(IIM) experienced a hike of 23% in maximum domestic salary offered to the students of 5 Year Integrated Programme in Management and Postgraduate Programme. The domestic salary rose to 50 LPA from 40.50 LPA. Companies from Consulting, Marketing and Sales, Finance hired the maximum percentage of students.
Highest Domestic Package | INR 50 Lakh Per Annum |
Highest international package | INR 89.25 Lakh Per Annum |
Average Salary | INR 22.92 Lakh Per Annum |
Median Salary | INR 22 Lakh Per Annum |
Number of Companies Participated | 160+ |
Placement Percentage | 100% |
Number of Students Registered | 578 |
Indian Institute of Management Indore has concluded the placement season for EPGP program with a maximum salary of INR 80 lakh per annum. There was an increase of 17% in the average salary as compared to the last year. Around 43 students were there in the batch out of which 37 students opted for campus placements while 7 opted for roles offered off-campus.
Some of the major highlights of IIM Indore final placements 2020 are as follows:
Batch strength | 43 |
Total number of recruiters | More than 70 |
New Recruiters | 25 |
Highest Salary | INR 80.00 Lakh Per Annum |
Average Salary | INR 24.10 Lakh Per Annum |
Median Salary | INR 18.98 Lakh Per Annum |
Minimum Salary | INR 12.00 Lakh Per Annum |
Average CTC offered to top 30 percentile | INR 18.90 Lakh Per Annum |
Top Recruiters
| HSBC Virtusa TCS Cybertech Accenture FIIT-JEE Vector Consulting |
IIM Indore has recently concluded the final placement process for the 2019 graduating batch. One of the major highlights of the placements of IIM Indore is the highest package offered. This year, the highest annual salary offered was Rs. 89.25 lakh. Compared to the previous year, the highest package was increased by 41%. The 2019 graduating batch of IIM Indore recorded 100% placements.
Some of the major highlights of IIM Indore final placements 2019 –
Total No. of Students Participated |
607 |
Total No. of Companies Participated |
200 |
Placement Percentage |
100% |
First-Time Recruiters |
57 |
Highest Salary Offered (International) |
Rs. 89.25 Lakh Per Annum |
Highest Domestic Salary Offered |
Rs. 40.5 Lakh Per Annum |
Average Salary for Top 50 Offers |
Rs. 30.04 Lakh Per Annum |
Average Salary for Top 100 Candidates |
Rs. 28.47 Lakh Per Annum |
Median Salary Offered |
Rs. 19.4 Lakh Per Annum |
Sector-Wise Placement Percentage (only Major) |
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Top Recruiters |
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For the latest updates on IIM Indore placements, stay tuned to CollegeDekho.
Indian Institute of Management (IIM) Indore has concluded the placements for the PGP and Integrated Programme in Management (IPM) batches 2016-18. The institute has the largest batch of student across all IIMs and also offers classes in the Mumbai campus. IIM Indore has recorded an increase of 12% in the average salary offered to PGP students this season.
Average salary offered to the IPM students also increased by 21% as compared to last year. IIM Indore recorded a rise of 40% in the Pre-Placement Offers (PPOs) this year as a result of the excellent performance of students during summer internships.
Placement Highlights |
Figures |
Number of students who participated from PGP Indore |
443 |
Number of students who participated from PGP Mumbai |
68 |
Number of students who participated from IPM Programme |
113 |
Number of firms that participated in placements |
200+ |
Number of Pre-placement Offers (PPOs) |
147 |
Highest international salary package offered |
Rs. 63.45 LPA |
Highest domestic salary package offered |
Rs. 33.04 LPA |
Average salary recorded for IIM Indore PGP Batch 2016-18 |
Rs. 18.17 LPA |
Average salary recorded for IIM Indore IPM Batch 2016-18 |
Rs. 15.16 LPA |
According to reports, 27% of the batch opted for job roles in the Finance sector and some of the top BFSI firms participated in the placements including Investment Banks, Venture Capital firms and Private Equity firms that offered some lucrative jobs.
Domain |
Popular Companies that Hired Students |
BFSI |
Axis Bank, Kotak Mahindra Bank, Credit Suisse, Bank of America, Deutsche Bank, Edelweiss, Goldman Sachs, HDFC Bank, ICICI Bank, HSBC, Indus Valley Partners, Max Life Insurance, JPMorgan Chase, Royal Bank of Scotland, Yes Bank, Nomura |
Consulting |
Accenture Strategy, Cognizant Business Consulting, KPMG, Boston Consulting Group, Deloitte USI, EXL Service, Ernst & Young, Infosys Management Consulting, PricewaterhouseCoopers |
Sales & Marketing |
Asian Paints, Godrej & Boyce, Dabur, GroupM, Maruti Suzuki, Hindustan, GSK Pharma, Tolaram Group, Coca-Cola Beverages, ITC, L'Oreal, HUL, Marico, Panasonic, Mother Dairy, Pidilite, Tata Steel, PepsiCo, TimesOOH, Toppr and Vodafone |
Technology |
Accenture, Cognizant, Capgemini, Google, HCL, HUL, IBM, L&T infotech, Infosys, MAQ Software, Wipro, UHG |
General Management, Operations and HR |
Aditya Birla Group, GMR, Airtel, JSW Group, Microland, Cipla, PayTM, Mahindra & Mahindra, Reliance Industries, Larsen & Toubro, IndiaMART |
Director of IIM Indore, Professor Rishikesha T Krishnan, talked about the placement and said that it is very motivating for the institute that the placement has concluded on such a positive note with industry giants hiring students from IIM Indore. He added that the hard work of students and the institute has paid off and the excellent placement record shows the trust and confidence the recruiters have in the students of the institute.
The Indian Institute of Management (IIM), Indore completed its final placement for the batch 2015-17. The institute saw a rise of 28% in the pre-placement offers. The institute recorded 100% placement for the class of 2017.
The total strength of the IIM was 611 students. Out of these, 499 students were enrolled in the PGP programme, 100 students belonged to the 5-year Integrated Program in Management (IPM) and 62 students were enrolled in the PGP programme at IIM Indore Mumbai campus.
Out of 200 companies that visited the campus for placements of IIM Indore, 74 were recruited from the Institute for the first time. The average package offered at the institute saw an increase by 22%.
Salaries offered at IIM Indore were as given below:
Field |
Salary |
Average Package |
Rs. 16.23 Lakh per annum |
Highest Domestic Package |
Rs. 37 Lakh per annum |
Overall Highest Package |
Rs. 39 Lakh per annum |
Most offers came from Strategy and Consulting sector which offered more than 160 placement offers. Prominent Finance sector firms also visited the campus of IIM Indore and rolled out 30 job offers.
Following are some of the prominent companies that recruited from IIM Indore:
Domain |
Name of Companies |
Strategy and Consulting |
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Finance |
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Sales and Marketing |
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IT and Analytics |
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General Management |
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Operations and HR |
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Apollo Munich, Avery Dennison, Dell EMC, Feedback Infra, Sundaram BNP Paribas, FIS Global, Panasonic, Ford, GMR Group, Shriram Wealth Advisors, Tech Mahindra (GLC), ICICI Securities, Directi, Vedanta, Apollo Pharmacy, VF Corporation and Atos were the firms that participated in the placement process of IIM Indore for the first time.
The Summer Internship Placement at the Indian Institute of Management Indore (IIM Indore) has been successfully completed for the batch of 2021. This year, the Institute saw over 160 organisations partake in the summer placement process, which includes companies like JP Morgan Chase, Amazon, Aditya Birla Group, and many more.
As per an official release from IIM Indore, the average stipend that had been offered to the students this year was around Rs. 1.68 lakhs for two months. The highest stipend offered to the batch of 2021 was Rs. 4 lakhs. This year, the institute also saw the average stipend offered to the top 100 students was around Rs. 2.86 lakhs, while the average stipend offered to the top 200 students was Rs. 2.51 lakhs.
Details |
Amount |
Highest Stipend |
Rs. 4 lakhs |
Average Stipend |
Rs. 1.68 lakhs for two months |
Average Stipend for Top 100 |
Rs. 2.86 Lakhs |
Average Stipend for Top 200 |
Rs. 2.51 Lakhs |
The Indian Institute of Management Indore, at the Summer Internship Placement in 2019, saw a participation of over 160 companies, both National and International. Some of the companies that have been mentioned include:
Aditya Birla Group
Amazon
Deutsche Bank
Ernst & Young
Goldman Sachs
JP Morgan Chase
PwC
IIM Indore also saw a participation of 39 companies, who partook in the summer internship placement process for the first time. Some of the companies included in this are:
Adani Group
Capgemini
ELITE
Diageo
GET Consulting
Microsoft
Reckitt Benckiser
Salesforce
Walmart Labs
Xiaomi
With the largest student strength of 589 students for the batch of 2021, among other IIMs, IIM Indore was able to provide a summer internship placement to its students successfully, in various domains.
As per the release from the Institute, IIM Indore was also to achieve the best gender diversity among other IIMs at 44%. The institute was able to place, 258 female students with 24% higher stipend with respect to the male candidates under the Summer Internship Placements.
Among the other achievements of IIM Indore, the Institute was also able to secure the 5th rank in NIRF Rankings while also receiving a Double Accreditation Status from AACSB and AMBA, last year. IIM Indore was able to rank 81 in its first FT Rankings as well as being placed in the 101+ bracket under the QS MBA Ranking 2020.
IIM Indore summer placement process for the academic batch of 2018-20 has been concluded. Different companies offered internships to students in varied domains. Compared to the previous year summer placements, 2018 summer placements witnessed an improvement. For instance, the average stipend has been increased by 24% this year. A total of 540 students (446 PGP and 94 IPM) are pursuing management education at IIM Indore.
This year, more than 150 recruiters participated in the summer placement process, and the number of first-time recruiters was 37. Students were offered internships in different roles in Media, Telecom, Technology, Pharmaceuticals, Healthcare, Infrastructure & Real Estate, FMCG, Energy, E-Commerce, Consulting, BFSI, and Automobiles.
The average stipend offered to students at IIM Indore summer placements was Rs. 1.54 lakhs. The median salary offered to students has been increased by 40% this year. On the other hand, the highest stipend offered was Rs. 4 lakhs.
IIM Indore continued to attract major financial organisations and other domains this year. The domain wise list of major recruiters at IIM Indore summer placements 2018-19 can be checked below –
Name of the Domain |
Major Recruiters |
Sales & Marketing |
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Consulting |
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General Management |
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HR |
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IT |
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Banking and Financial Services |
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For the latest IIM Indore placement updates, stay tuned to CollegeDekho.
The IIM Indore summer Placement for PGP and IPM students at Indian Institute of Management (IIM), Indore, concluded successfully. PGP and IPM batches of IIM Indore are considered to be the largest batches among all the IIMs. The IPM comprises 96 students and PGP batch of IIM Indore has 447.
Highlights of the summer placement drive
The highest stipend offered was Rs. 3 lakh for two months
The average salary offered by different companies improved by 20%
150 companies participated in the summer placement process and 60 companies were first-time recruiters among them.
Domain Wise Placement Percentage:
Name of the Domain |
Percentage of Students of Placed |
Finance, Sales and Marketing |
32% |
Consulting |
17% |
General Management |
10% |
Sector Wise Top Recruiters:
Name of the Sector |
Top Recruiters |
BFSI |
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FMCG |
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Non-FMCG Recruiters |
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Consulting |
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General Management |
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Operations & HR |
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International Offers |
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Placement: If I talk about placement facility given by this institute.I can say that it is very average.Not all the student got placed , only thirty to forty percent of the student got placed every year , which is very bad
Placement: After doing my course, i got the best placement from this college. They invite some big companies for placements of our childrens. They do think about students and their futur
Placement: After doing my course, i got the best placement from this college. They invite some big companies for placements of our childrens. They do think about students and their future.
Placement: So many word class companies come to palce you and gives lots of opportunities to place you to built your career in IIM multi national company's alos come to place you
Indore (Madhya Pradesh)
Indore (Madhya Pradesh)
Indore (Madhya Pradesh)
Indore (Madhya Pradesh)
Indore (Madhya Pradesh)