Ranked #7 in India by FT Masters in Management Ranking 2023
ApplyThe Indian Institute of Management (IIM), Indore, has concluded the final IIM Indore Placement for the 2020-22 PGP and IPM batch. The institute has also completed the IIM Indore Placement for the 2021-22 PGPHRM and EPGP batches. During the IIM Indore MBA Placements 2022, 572 students were offered different roles in various domains by the top 180 Indian and overseas recruiters, with more than 30 new recruiters. The IIM Indore Average Package for the 2020-22 batch offered stood at INR 25.01 lakhs, 6% higher than the previous year.
The IIM Indore Highest Package offered stood at INR 49 lakhs, with a median package being INR 24.09 lakhs, which is 6.6% higher than the previous year's median package. IIM Indore Campus placements continue growing year after year and inviting recruiters across sectors such as BFSI, Consulting, Consumer Products & Retail (CPR) and Technology, Media & Telecommunications (TMT), Automotives, Chemicals, Energy, Healthcare, Hospitality, Infrastructure, and others.
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IIM Indore has completed IIM Indore Summer Placements for the 2021-23 MBA batch. This season's summer placement saw participation from over 150 recruiters, with 30 new recruiters in the mix. The summer placements offered internship opportunities across sectors such as BFSI, Consulting, E-commerce, Automotive, Healthcare, IT & Technology, Manufacturing, Real Estate, Engineering, Media & Entertainment, and Telecommunication, among others. The average stipend offered to students in IIM Indore Summer Placements was INR 2 lakhs, 11% higher than the previous year.
The average stipend offered to the top 100, and 200 students of the batch during the IIM Indore Summer Placements was INR 3.1 lakh and INR 2.75 lakh, respectively. The stipend for these students surged by 5% year-on-year each.
Particulars | Details |
Recruiters | 150+ |
New Recruiters | 30+ |
Average Stipend | INR 2 LPA |
Highest Stipend | INR 4 LPA |
Median Stipend | INR 2 LPA |
Top 100 Stipend | INR 3.1 LPA |
**Source: IIM Indore Summer Placement Report 2021-23
The year-wise trend of IIM Indore Summer Placements will give students an in-depth understanding of IIM Indore Summer Placements 2023. The table below represents IIM Indore Summer Placements 2022, 2021, and 2020.
IIM Indore Summer Placement Year | 2020-22 | 2019-21 | 2018-20 | |
Highest Stipend (LPA) | INR 3.2 | INR 4.0 | INR 4.0 | |
Average Stipend (LPA) | INR 1.8 | INR 1.68 | INR 1.54 |
During the IIM Indore Summer Placements, recruiters from diverse sectors participated in the placement drive. Consulting became the leading sector, recruiting 25% of the batch, followed by BFSI, FMCG, and IT/Analytics. The table shows the domain-wise IIM Indore Summer Placements for the MBA 2021-23 batch.
Domains | % of Students Placed |
Consulting | 25% |
BFSI | 17% |
FMCG | 15% |
IT Analytics | 14% |
E-Commerce | 7% |
Automotive | 7% |
Manufacturing | 7% |
Healthcare | 4% |
Others | 4% |
Top companies participated in the IIM Indore Summer Placements and recruited top talent from IIM Indore. The sector-wise top recruiters mentioned below offered IIM Indore students internship opportunities.
Areas | Top IIM Indore Recruiters |
Consulting | Accenture, BCG, Deloitte, Bain & Company, EY, Everest Group, PwC, McKinsey & Company |
Finance | Barclays, Avendus, Credit Suisse, Goldman Sachs, JP Morgan Chase & Co., Deutsche Bank, The Rohatyn Group |
General Management/ HR/ Operations | Amazon, Capgemini, Cipla, Mahindra, Reliance, Vodafone, Salesforce, JSW |
Sales & Marketing | Asian Paints, CocaCola, GSK, Hindustan Unilever, ITC, Johnson & Johnson, Marico, Pepsico |
IT/Analytics | Boker Hughes, American Express, Google, Microsoft, Optum, P&G, Walmart |
Particulars | Details |
Total Students participated | 572 |
MBA Students | 471 |
Dual Degree Students | 101 |
Companies participated | 180+ |
New Recruiters | 30+ |
Highest package (PGP and IPM) | INR 49 LPA |
Highest package (International) | INR 70 LPA |
Average package (PGP and IPM) | INR 25.01 LPA |
Median package (PGP and IPM) | INR 24.09 LPA |
Top 100 Students | INR 37.95 LPA |
Top 200 Students | INR 32.75 LPA |
During the IIM Indore IPM Placements 2022, there was a significant surge in Consulting offers followed by other sectors. 31% of PGP and IPM students secured Consulting roles in top companies. Some of the top IIM Indore Recruiters in Consulting for this year include Accenture Strategy, Avalon Consulting, Bain & Company, BCG, Deloitte, Acuvon Consulting, Everest Group, E&Y, Infosys Management Consulting, Eversana, KPMG, McKinsey & Company, Michael Page, PwC, Redseer Consulting, Thoucentric Consulting, Synergy Consulting, and Vector Consulting. The recruiting partnership between BCG and IIM Indore extended longer than a decade.
Additionally, 20% of the PGP and IPM students secured finance roles in IIM Indore IPM Placement 2022. The graph below shows the sector-wise IIM Indore Placements 2022.
Sector | % of Students Placed |
Consulting | 31 |
Finance | 20 |
Sales and Marketing | 18 |
General Management, Operations & others | 16 |
IT/ Analytics | 15 |
**Source: IIM Indore Placement Report 2022
The year-wise comparison of PGP and IPM Indore Placements will help students better understand the IIM Indore Placement 2022. Along with the IIM Indore placement figures for 2022, the table below shows the IIM Indore Placements 2021, 2020, and 2019 placement figures.
Year | Highest Salary (LPA) | Average Salary (LPA) | Median Average (LPA) |
2022 | INR 70 | INR 25.01 | INR 24.09 |
2021 | INR 56.8 | INR 23.6 | INR 22.6 |
2020 | INR 50.00 | INR 22.92 | INR 22.00 |
2019 | INR 40.5 | INR 20.79 | INR 19.4 |
The table below shows the sector-wise top IIM Indore Recruiters who participated in IIM Indore Placement 2022.
Sectors | IIM Indore Recruiters |
Consulting | Accenture Strategy, BCG, Deloitte, Bain & Company, KPMG, PwC, EY, Everest Group, Redseer, Vector, McKinsey, Michael Page |
Finance | HSBC, Bank of America, Barclays, Deutsche Bank, Credit Suisse, Goldman Sachs, Morgan Stanley, Noaura, State Street, DE Shaw & Co., Avendus |
General Management, Operations & others | ACT, Axis Bank, Biocon, Capgemini, Kotak, Mahindra, Reliance, Salesforce, Tech Mahindra, Times Internet, VOIS |
Sales and Marketing | Aditya Birla Group, Asian Paints, Bajaj, BMW, DIAGEO, Gsk, L'OREAL, Marico, MXPlayer, Samsung, Titan |
IIM Indore has ranked among the top 100 B-schools in the world. Its flagship PGP HRM programme has created its mark, allowing students to work on integrated industry-wide projects. During the 2022 IIM Indore Placements drive, PGP HRM students were recruited by more than 20 companies. Alongside domestic placements, this year has also seen international placements in diverse specialisations. The average IIM Indore Salary Package offered during IIM Indore PGP HRM Placements 2022 was INR 20.3 lakhs, which is 8.5% higher than the previous year's IIM Indore Average Package for the same.
The highest package of IIM Indore Placements 2022 offered to PGPHRM students was INR 36 lakhs, with the median salary being INR 19.6 lakhs. The top 25% of PGPHRM students secured the PGPHRM IIM Indore Average Package of INR 24.42 lakhs, with the top 50% of students standing at INR 22.6 lakhs.
Particulars | Details |
Companies participated | 20+ |
Highest Salary Package | INR 30 LPA |
Median Salary Package | INR 19.6 LPA |
Average Salary Package | INR 20.3 LPA |
Top 25% Average CTC | INR 24.46 LPA |
Top 50% Average CTC | INR 22.6 LPA |
Average CTC (Female) | INR 20.8 LPA |
*Data based on IIM Indore Placement Report for PGP-HRM 2022
Particulars | Details |
Female Candidates | 51% |
Male Candidates | 49% |
Candidates with Work Experience | 38% |
Average Work Experience (in Months) | 17.5 |
Candidates from Premier Institutes (IITs, NITs, DU, BIT, IEST) | 66% |
*Source: IIM Indore Placement Report PGP-HRM Batch of 2022
Apart from IIM Indore MBA Placements and IIM Indore HRM Placements, the institute also concluded IIM Indore EPGP Placements 2022. During the placement drive, IIM Indore saw the participation of 68 recruiters, with 34 first-time recruiters. IIM Indore Recruiters for EPGP were from sectors including Consulting, Information Technology, Banking and Finance, Marketing, Power, Education, Healthcare, and Construction. The IIM Indore Average Package offered to EPGP students was INR 25.9 lakhs, with the IIM Indore Highest Package being INR 70 lakhs. The median salary was INR 23.6 lakhs.
Particulars | Details |
Students Participated | 57 |
Roles offered On Campus | 57 |
Companies Participated | 68 |
New Recruiters | 34 |
Participants opted out of Campus Placements | 4 |
Participants on Sabbatical | 2 |
Highest Salary Package | INR 70 LPA |
Average Salary Package | INR 25.9 LPA |
Median Salary Package | INR 23.6 LPA |
Top 25% Average CTC | INR 36.7 LPA |
Top 50% Average CTC | INR 31.3 LPA |
The IIM Indore Placement 2022 for EPGP witnessed the highest recruitment in the field of Consulting, with 42% of EPGP students secured consulting roles in top companies. This sector of recruitment was followed by information technology, analytics, Operations, general management, and others. The table below depicts the sector-wise IIM Indore EPGP Placements 2022.
Sector | % of Students Placed |
Consulting | 42 |
IT/Product/Analytics | 40 |
Ops/ GenMan/ BD & others | 18 |
Roles offered in IIM Indore Executive MBA Placements 2022 are Senior Director, Principal Consultant, Industry Principal, VP, Solution Architect, Senior Manager, Delivery Master, Enterprise Strategy Consultant, Channel Partner Lead, and many more.
Particulars | Details |
Batch Strength | 57 |
Average Work Experience | 9 years |
Candidates from IITs, NITs, BITS | 21% |
International Experience | 23% |
The table below represents the EPGP IIM Indore Placements 2021, 2020, and 2019 with salaries offered in that particular years.
Particulars | Details | Particulars | Details |
Batch Strength | 57 | Batch Strength | 57 |
Average Work Experience | 9 years | Average Work Experience | 9 years |
Candidates from IITs, NITs, BITS | 21% | Candidates from IITs, NITs, BITS | 21% |
The following table represents the top IIM Indore Recruiters who participated in IIM Indore Placements 2022.
Accenture | Amazon | Cogoport |
Decimal | EY | Infosys Consulting |
IBM | Capgemini | Dalmia Bharat |
ICICI Bank | HeroFinCorp | Publicis Sapient |
GAIL | Deloitte | Cognizant |
Cipla | Groww | HDFC Bank |
Jio | Hero | L&T |
KPMG | Haber | Kotak |
Just Dial | Walmart | Whirlpool |
Tata Steel | Mphasis | MAQ Software |
According to the IIM Indore Placement Report 2022, this year's IIM Indore Placement is considered one of the most successful final placement seasons in the institute's history. The brand image of IIM Indore has been steadily growing, driven by the exceptional performance of its students, alums, and faculty. The institute's increasing brand image was also visible with the number of new recruiters eager to recruit managerial talent from the institute.
Particulars | Statistics |
---|---|
First year total students intake | 647 |
Total students admitted | 601 |
Total Graduated Students | 565 |
Total Placed Students | 565 |
Placement Percentage | 100 |
Median Salary | 24.09 L |
Hello aspirant,
The state government's OBC-NC certificate is accepted at IPM IIM Indore, thus yes. In fact, if you want the advantages of being an OBC applicant and the resulting ranking relaxation, you must present this certification. So you don't need to worry. Your certificate will be accepted by IIM Indore.
Thank you
Hope this information helps you.
See fi you are aiming for an MBA, then I would like to tell you that taking mathematics will open up a lot more options for you in the long run. Many of the key sectors which employ MBAs demand a mathematics oriented person like Finance, Investment Banking etc. Not taking maths while you still can will close doors for you, so I would like to suggest you to take up maths in class XIth.
Hope I have answered your question. All the best!
Hello Aspirant,
I hope you are doing well.
Around 18000 students attempt the IIM Indore IPMAT test each year in an effort to win one of the 120 seats available in the IIM Indore IPM Program. In the year 2021, just 10,000 people took the IPM test.
For more info, please visit:
https://bschool.careers360.com/exams/ipmat
I hope this helps.
Good Luck
The information about the lowest salary is not available on the placement report released by the institute.
Jobs after an IIM MBA are very well paid. Out of all Indian MBA institutes, IIM graduates are the most talented, trainable, and employable. Every CAT candidate hopes to be accepted into an IIM. This is so because IIM has India's top MBA programme.
IIM indore placements are excellent and top companies will hire students. Companies like Accenture, Amway, KPMG, Google, Microsoft, ABInev, and many others were among the top employers at IIM Indore.
Yes it has good placements, IIM Indore has improved its performance from the prior year, with students receiving an average of INR 25.01 LPA with 100% Placements.
For its PGP and IPM batch, which consists of 572 students, the IIM Indore placement report for 2022 showed 100% placements.
At IIM Indore's placements in 2022, the highest domestic pay offered was Rs 49.00 LPA. The average salary for the top 200 students this year was 25.01 lakhs rupees.
The information about the minimum salary is not available on the placement report released by the institute.
The average package offered to EPGP students at the 2020-21 placements was Rs. 19,99,000 per annum.
At IIM Indore placements 2019-21, a total of 24% of PGP and IPM students got placed in the finance sector.
TCS, Google, Infosys, JP Morgan etc. are a few of the recruiters of the institute.
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