IIM Indore has successfully completed the final placements for the largest graduating batch across all IIMs, comprising 607 students. Prof. Himanshu Rai, Director, IIM Indore, said, “We are delighted by the faith that the top companies of the country and the MNCs have reposed in our students. It's an acknowledgment of the calibre of our students at IIM Indore as well as a reflection of the contextual relevance of our program content and pedagogy. In the years to come, we will continue to strengthen our engagement with the industry and ensure that we continue to create socially conscious responsible leaders.”
The Institute surpassed the previous year’s performance, witnessing on an average, INR 20.79 LPA being offered to the students with 100% Placements. More than 200 recruiters, which include 57 first time recruiters, evinced interest in hiring for several roles across multiple sectors for both the Post Graduate Programme as well as the 5-Year Integrated Programme in Management. Finance, Consulting and Sales & Marketing remained the most preferred domains The average CTC offered to the IPM students rose to INR 17.01 LPA.
The highest offer on campus stood at INR 89.25 LPA, an increase of 41% from the previous year. The highest domestic offer on campus also increased by 23% to INR 40.5 LPA. The average CTC for the top 50 offers stood at INR 30.04 LPA and at INR 28.47 LPA for the top 100 which affirms the faith that recruiters have in IIM Indore. The median salary for the graduating batch rose significantly to INR 19.4 LPA.
IIM Indore has always been a preferred B-school for recruiters in the Finance domain with marquee recruiters like Aditya Birla Capital, Axis Bank, Barclays, Bank of America Continuum, Credit Suisse, CRISIL, Deutsche Bank, DHFL Pramerica, Edelweiss, Fidelity Investments, Goldman Sachs, HDFC, HSBC, ICICI, India Ratings, IndusInd Bank, Indus Valley Partners, JPMorgan Chase & Co, Kotak Mahindra, Philips, Royal Bank of Scotland, State Street Corporation, Syngenta and Yes Bank offering coveted roles to 26% of the batch.
Consulting continued to be a much sought after domain with 27% of the batch opting for consulting and strategy roles. Major recruiters include Avalon Consulting, Bain Capability Centre, Boston Consulting Group, Cognizant Business Consulting, Deloitte USI, Ernst & Young, Everest Group, i3 Consulting, Government of Andhra Pradesh, Infosys Management Consulting, IQVIA, PwC India, PwC US Management Consulting, SKP Consulting, Synergy Consulting, Thoucentric Consulting, UnitedHealth Group and Vector Consulting. McKinsey opened up consulting roles in IIM Indore after a brief hiatus.
IIM Indore continued to attract major recruiters in the Sales & Marketing domain such as Aditya Birla Fashion Retail Limited, Asian Paints, Britannia, Cipla, Crompton Greaves, Dabur, Dalmia Bharat Group, Dolcera, Eli Lilly, GroupM, GSK Pharma, Hindustan Unilever, ITC, Jubilant Foodworks, Kent RO Systems, L’Oreal, Maruti Suzuki, Panasonic, Piramal Group, PUMA, Radio Mirchi, Raymond, Royal Enfield, Shemaroo Entertainment, Tata International, Tata Power, Tata Steel, UB Group, Unimoni and Whirlpool which offered coveted roles to 22% of the batch.
IIM Indore witnessed major recruiters like Airtel, Amazon, American Express, GMR Group, Jindal Steel & Power, JSW Group, MakeMyTrip, PayTM, Rebel Foods, Reliance Industries, Rural Electrification Corporation, Suzlon Energy, Tata Communications and Trident Group hiring for their leadership programmes and General Management roles. Capgemini opened up its ELITE program for the first time at IIM Indore.
Recruiters in the IT/ Analytics domain include Accenture Technologies, Axtria, Capgemini, FIS Global, Google, HCL, Hexaware, HP, IBM, Intel, Infosys BPM, L&T Technology, Mahindra Comviva, MAQ Software, Tata Consultancy Services, Tredence Analytics and Wipro which offered varied profiles to IIM Indore students. Hindustan Unilever and General Electric continued to recruit for their sought-after IT leadership programmes.
Major recruiters like Aditya Birla Retail, Cipla, Essel Group, Godrej & Boyce, ICICI Bank, Jaguar Land Rover, L&T, Prataap Snacks, ShapoorjiPallonji Group, Vishal Mega Mart, Whirlpool and Willis Towers Watson offered roles in the HR and Operations domain.