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Indian Institute of Management (IIM) Indore, Indore Placements Indore, Madhya Pradesh
ESTD 1996
Public
College
NIRF Ranking - 8
AICTE Approved
Regulatory Bodies of Higher Education in India
Placement
Highest and average package for MBA / PGDM
HIGHEST
49 L
AVERAGE
25.01 L
Industry Average for MBA / PGDM
HIGHEST
15 L
AVERAGE
4.5 L
Placement Highlights
Aditya Naman Singh
Updated on 22nd November, 2023
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 Admissions, IIM 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:
| Particulars | Statistics |
| Female | 34% |
| Male | 66% |
| Total MBA Candidates | 470 |
| Dual Degree Candidates | 98 |
| Average work experience of students | 21 months |
| Candidates with work experience | 55% |
| The sector of work Experience: highest | IT |
| The sector of Work Experience : Lowest | Healthcare, FMCG |
| Top 100 Students | INR 52.06 LPA |
| Top 200 Students | INR 40.55 LPA |
IIM Indore Placement 2023 Highlights:
The below table represents the highlights for the IIM Indore Placements:
| Particulars | Statistics |
| Highest Package (Domestic) | 1.14 Crore |
| Highest Package (International) | 70 LPA |
| Average CTC | 30.21 LPA |
| Increase in Average CTC | 20.8% |
| Median CTC | 27.2 LPA |
| Increase in Median CTC | 12.9% |
| No. of recruiters | 160 |
| Top Recruiters | Accenture Strategy, Bain & Company, Google, Microsoft, Amazon |
| No. of students for placements | 568 |
| Employment Sectors | Banking, 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 placed | 568 |
| Companies visited | 160 |
| New recruiters | 80 |
EPGP | |
| Total Students | 57 |
| On-campus offers made | 160+ |
| Companies visited | 68+ |
| First-time recruiters | 27 |
PGP HRM | |
| Companies visited | 20 |
| Placement rate | 100% |
IIM Indore EPGP Sector-wise Placements 2023:
The following table describes the IIM Indore EPGP Sector Wise Placement 2023:
Particulars | Statistics (2023) |
| Consulting | 19% |
| IT/Operations/SCM | 35% |
| Product Management | 19% |
| Finance | 17% |
| General Management | 8% |
| Sales & Marketing | 2% |
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 Calcutta | 190 | 573 | INR. 1.15 Crore | Accenture, Google, Flipkart. |
| IIM Bangalore | 162 | 606 | INR. 80 LPA | Samsung, TVS Motors, Aegon Life, Genpact. |
| IIM Lucknow | 200+ | 632 | INR 1 Crore | Deloitte, PwC, Mckinsey & Company, EY. |
| IIM Nagpur | 100+ | - | INR. 64 LPA | ICICI 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:
| Domains | Percentage of Students Placed |
| Sales & Marketing | 18% |
| Consulting | 31% |
| Finance | 20% |
| Genman, Ops & Others | 16% |
| IT / Analytics | 15% |
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 | |||
| Accenture | ABInBev | Amazon | American Express |
| Bajaj | Bain & Company | BCG | Biocon |
| Capgemini | Cognizant | DE Shaw & Co | Deloitte |
| Everest Group | EY | Goldman Sachs | |
| HDFC Bank | Hero Motors | Infosys | JPMorgan Chase & Co. |
| KPMG | L’Oreal | Mahindra | McKinsey & Company |
| Morgan Stanley | PwC | Reliance Industries Ltd | TATA Steel |
| Tech Mahindra | Times Internet | TVS Motors | Unacademy |
| Walmart | Wipro | Xiaomi | Yes Bank |
IIM Indore Placement Average Package
EPGP | |
| Average package | INR 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 participant | INR 28.9 LPA |
PGP IPM | |
| Average package | INR 30.21 LPA |
| Average CTC of top 100 students | INR 52.06 LPA |
| Average CTC of top 200 students | INR 40.55 LPA |
PGP HRM | |
| Average Salary | INR 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) |
| EPGP | INR 25.9 LPA | INR 19.99 LPA | INR 24.10 LPA |
| PGP and IPM | INR 25.01 LPA | INR 23.60 LPA | INR 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 package | INR 43.90 LPA |
| PGP HRM | INR 34.50LPA |
PGP and IPM | |
| Highest package | INR 1.14 Crore |
| Top 100 | INR 52.06 LPA |
| Top 200 | INR 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:
| Course | Statistics (2022) | Statistics (2021) | Statistics (2020) |
| EPGP | INR 70 LPA | INR 32.76 LPA | INR 80 LPA |
| PGP and IPM | INR 49 LPA | INR 56.80 LPA | INR 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 package | INR 30.0 LPA |
| PGP and IPM median package | INR 27.20 LPA |
| PGP HRM median package | INR 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 Bangalore | INR 80.0 LPA | INR 35.31LPA |
| IIM Lucknow | INR 55 LPA | INR 32.20 LPA |
| IIM Kozhikode | INR 67.02 LPA | INR 31.02 LPA |
| IIM Shillong | INR 71.30 LPA | INR 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:
| Year | IIM Indore Placement Brochure |
| 2023 | IIM Indore Placement 2023 |
| 2022 | IIM Indore Placement 2022 |
| 2021 | IIM Indore Placement 2021 |
| 2020 | IIM Indore Placement 2020 |
| 2019 | IIM Indore Placement 2019 |
| 2018 | IIM Indore Placement 2018 |
| 2017 | IIM Indore Placement 2017 |
IIM Indore Placement Cell Contact Details
The following table represents IIM Indore Placement cell contact details:
| Particulars | Details |
| placement@iimidr.ac.in | |
| Phone Number | +91 - 731 - 2439658 |
| Website | www.iimidr.ac.in/placements |
Salary Package Trends
To view for Past Years, Select the Year below
To view for other courses, select the course below:
Recruiters
206 Companies
Indian Institute of Management (IIM) Indore, Indore - Placement Reviews
Y
Yashvendra Singh MBA / PGDM Student
6 years ago
IIM Indore one of the leading B-schools in India 5/5
Pros- good students+faculty+excellent learning environment+infrastructure+placement Cons- large batch size+ location
Placement 4.5/5
Excellent summers as well as final placements with over 200 recruiters