IIM Indore Placements 2023: Highest CTC: INR 1.14 crore, Highest Stipend: INR 6 Lakhs

IIM Indore Placements 2023 admissions have been successfully concluded with a steep increase of 20.8% of the Average CTC. The average CTC at IIM Indore stood at INR 30.21 LPA. The Median CTC witnessed a surge of 12.9% with the current salary being INR 27.20 Lakhs. The highest offered package at IIM Indore reached INR 1.14 crores per annum, marking a substantial 132.6% increase from the previous year. 

More than 500 students participated in the placement drive. IIM Indore Placement drive was graced by more than 160 recruiters out of which 80 plus new recruiters were seen. Robust engagement was demonstrated by firms spanning a wide array of industries including Banking, Financial Services and Insurance (BFSI), Conglomerates, Construction and Real Estate, Consulting, Consumer Goods, E-commerce, Healthcare, Logistics and Manufacturing, Technology, Media and Telecommunications, as well as Utilities & Renewables.

The average stipend at IIM Indore notably surged to 2.74 lakhs, a 37% rise from the previous year. The median stipend also increased by 35% to 2.70 lakhs. The top 100 and 200 students saw average stipends grow by 36.13% and 40.36%, resulting in 4.22 lakhs and 3.86 lakhs respectively. Impressively, the highest stipend at IIM Indore reached 6 lakhs, a 50% increase from the prior year.

IIM Indore's 2023 placements showcased a diverse array of prominent recruiters including CocaCola, Accenture, Big Basket, Country Delight, Adani, BCG, Aspect Ratio, Accuvon, Aditya Birla, Affinity, Bajaj, Barclays, and others. 

IIM Indore Placement 2023

IIM Indore MBA Placements witnessed candidates with 21 months of Average work experience.  The placement drive saw more than 50% percent of the MBA candidates possessing prior work experience. While 23% of the MBA candidates hailed from esteemed institutions such as IITs, NITs, BITS, and others. Following is the table of work experience sectors the candidates possessed during the IIM Indore PGP Placements:

Sectors	Work Experience
IT	35%
Manufacturing	15%
Consulting	12%
Banking	10%
E-Commerce	5%
Automotive	5%
Real Estate	3%
Healthcare	2%
FMCG	2%
Others	11%

Below is the graph of the percentage of students with specific undergraduate domains during the MBA Placements at IIM Indore:

IIM Indore Placement 2023: Batch Profile

IIM Indore MBA and IPM Placements 2023 yielded a 20.8% rise in Average CTC (INR 30.21 LPA), while Median CTC increased by 12.9% (INR 27.20 Lakhs). The top 100 and 200 candidates saw Mean CTC grow by 37.2% and 23.8% to INR 52.06 LPA and INR 40.55 LPA respectively. The Highest CTC at IIM Indore reached INR 1.14 crores, marking a 132.6% surge. Over 500 students engaged with 160+ recruiters across diverse sectors. Below is the table of Batch Profiles of IIM Indore MBA and IPM courses:

Course	Number of Candidates	Gender Ratio
MBA	470	65% Males 35% Females
IPM	98	73% Males 27% Females

IIM Indore Placement 2023 Domain Wise

IIM Indore provided placements in various domains such as Consulting, Finance, IT, Manufacturing, Banking, E-Commerce, Automotive, Real Estate, Healthcare, and FMCG. Below are the details of various domains:

IIM Indore Consulting Placements 2023

Accounting for 29% of the aggregate offers, Consulting maintained its pivotal role during this IIM Indore MBA placement cycle. Esteemed consulting entities including Accenture Strategy, Accenture Tech Consulting, Acuvon Consulting, and Aspect Ratio demonstrated their involvement in this season. Prominent consulting firms diversified their offerings to encompass specialized roles in sectors such as BFSI, Deal Strategy, Digital Transformation, Enterprise Strategy, and Private Equity, moving beyond traditional generalist consulting positions. Below are some of the top consulting firms at IIM Indore PGP Placements:

IIM Indore Finance Placements 2023

During the IIM Indore Placements 2023, a notable 18% of the cohort secured placements in this field. Students received offers from esteemed organizations such as Ambit Capital, ASK Asset & Wealth Management, Axis Bank, Bank of America, Barclays, BlackRock, and CITI Bank. The roles extended within the realm of finance encompassed positions like Asset Management, Corporate Banking, Counterparty Risk, Credit Risk, Equity and Derivatives Trading, Equity Research, Financial Advisory, and Financial Reporting. Below are some of the top companies in finance at IIM Indore MBA Placements 2023:

IIM Indore General Management/HR/Operations Placements 2023

IIM Indore 19% of the batch successfully obtained placements within these domains. Top recruiters at IIM Indore included Adani Group, Aarti Industries, Aditya Birla Fashion & Retail, and Allcargo Logistics. Prominent roles within this sector encompassed positions in Business Strategy and Planning, Corporate Strategy, Deal Execution, HR Consulting, Import Operations, and Investor Relations.  Following are some of the top companies in General Management/HR/Operations at IIM Indore MBA Placements 2023:

IIM Indore IT/ Analytics Placements 2023

A noteworthy 16% of the students during IIM Indore Placements 2023 successfully attained offers within the IT/ Analytics field. Distinguished recruiters within this sector encompassed _VOIS, Amazon, American Express, Attentive.ai, Axtria, Capgemini Chrysalis, CarDekho, Carwale, CASHe, and Cognizant. The offers extended encompassed a variety of profiles, notably including Bid Management, Cloud Services, Digital Application Operations, Digital Innovation, and Digital Journey Ownership. Below are some of the top recruiters at IIM Indore MBA course:

IIM Indore Sales and Analytics Placements 2023

A discernible trend was observed wherein distinguished recruiters at IIM Indore, notably AB InBev, Affinity Global, Aliens Group, and Asian Paints, collectively accounted for 18% of the aggregate offers extended. IIM Indore Placements 2023 trend encompassed an amalgamation of enduring and forward-looking positions, proffered to students, covering domains such as Account Management, B2B Sales, Brand Management, and Category Management. Below are the top recruiters:

IIM Indore Placement Statistics 2023

IIM Indore MBA Students received offers from various domains. Consulting domain (29%) led the way. It was followed by General Management, HR & Operations (19%), Finance (18%), Sales and Marketing (18%), and IT/Analytics (16%). Students wanting to check MBA Placement statistics must look at the information given below:

Placement Particulars	CTC in INR	Increment Percentage
Highest CTC	INR 1.14 Cr PA	132%
Average CTC	INR 30.21 LPA	20.8%
Median CTC	INR 27.2 LPA	12.9%
Top 100 Students' Average CTC	INR 52.06 LPA	37.2%
Top 200 Students' Average CTC	INR 40.55 LPA	23.8%

IIM Indore Placement 2023 Top Recruiters

IIM Indore Placements 2023 garnered attention from prominent recruiters such as CocaCola, Accenture, Big Basket, Country Delight, Adani, BCG, Aspect Ratio, Accuvon, Aditya Birla, Affinity, Bajaj, Barclays, and many others. Below are some of IIM Indore's Top recruiters for the MBA course:

IIM Indore EPGP Placements 2023

Following are the Placement Highlights of EPGP at IIM Indore for the academic year of 2023:

Placement Particulars	Statistics
Total Number of Students	57
Total Number of Top Recruiters	68+
Total Number of Roles Offered	160+
Students Placed via Campus Placements	48
Number of Students Opeted Out	9
Highest CTC	INR 43.9 LPA
Median CTC	INR 30 LPA
Average CTC	INR 27.8 LPA
New Recruiters	27
Percentage of Increment in Average Pay	5%
Percentage of Increment in Median Pay	27%
Percentage of Increment Average Pay in Post EPGP	78%
Percentage of Increment Median Pay in Post EPGP	108%

The placement statistics for the EPGP Program at IIM Indore are as follows:

• A total of 57 students participated in the placement at IIM Indore, with engagement from more than 68 top recruiters offering over 160 diverse roles. 
• Of these, 48 students were successfully placed through campus placements, while 9 students chose to opt-out. 
• The highest offered salary (CTC)  at IIM Indore reached INR 43.9 LPA.
• Median CTC at IIM Indore stood at INR 30 LPA.
• The Average CTC at IIM Indore stands at INR 27.8 LPA.

IIM Indore EPGP Placements 2023 Batch Profile

IIM Indore EPGP Batch Profile is mentioned below:

Placement Particulars	Statistics
Total student Strength	57
Percentage of Females Candidates	16%
Percentage of Male Candidates	84%
Candidate's Average Work Experience	8.9 Years
Percentage of Candidates with International Experience	24%
Percentage of Students from IIT, NIT, and BITS	17%
Students Companies Prior Experience	Audi, KPMG, EY, Casio, Wipro, Deloitte, Titan, Bank of Broda
Certification Persued	PMP, CFI, PMP, Lean, CSPO

During the Placements, more than 29% of candidates had prior experience in Consulting/Advisory. It was followed by Operations (23%), Engineering/Procurement/ Construction & Commission (16%), Sales & Marketing (7%), Product Design (4%), Finance & Accounting (11%), Project Management (7%), and Entrepreneurship (3%). Following are the graphs of varied Industry and work experience candidates displayed at IIM Indore Placements:

IIM Indore EPGP Placements 2023 Salary

Below are the EPGP Placements Salary at IIM Indore:

Salary Particulars	CTC in INR
Average CTC of Top  25%	INR 34.8 LPA
Average CTC Top 50%	INR 32.8 LPA
Average CTC of Female	INR 28.9 LPA

IIM Indore EPGP Placements 2023 Domain Wise

IIM Indore offered various roles to the EPGP students. Below are the Percentages of roles offered in different domains along with the top recruiters:

Domains	Percentage	Companies
IT/Operation/SCM	35%	Accenture Technology, ACT Fibernet, Cogoport, Infosys DPA, TCS, Infosys, L&T Infotech, and Unthinkable Solutions
Consulting	19%	Accenture Strategy, PwC, Infosys Business Consulting, EY India, Everest Group, IBM Consulting, and Zinnov Labs
Product Management	19%	Jio Platforms Limited, Publicis Sapient Microsoft, ServiceNow, and Lumiq
Finance	17%	Axis Bank, ICICI Bank, Goldman Sachs, Pinpoint Group, Standard Chartered Bank, Equitas Bank, and HSBC Bank
General Management	8%	SAP, Jindal Stainless, GSPC Group (Gujarat Gas), Cisco, and Byju's
Sales and Marketing	2%	Agoda, Adani Group, and FIITJEE

IIM Indore EPGP Placements 2023 Top Recruiters

IIM Indore EPGP placements saw top-notch recruiters such as Accenture Strategy, ACT Fobernet, Adani, Byjus, Cashfree, Cognizant, Agoda, Axis Bank, FIITJEE, Genpact, Hexaware, EY, Everest Group and many others. Below are the EPGP top recruiters at IIM Indore:

IIM Indore PGP-HRM Placements 2023 

IIM Indore PGP-HRM course saw around 20 odd recruiters offering prestigious roles to the students having a batch strength of 38 students. The average CTC at IIM Indore Reached INR 22.65 LPA while the Median CTC stood at INR 22.2 LPA. The Highest CTC at IIM Indore is INR 34.5 LPA. The top 25 percentile averaged INR 27.53 LPA, and the top 50 percentile averaged INR 25.42 LPA. Below are some of the highlights of IIM Indore Placements 2023:

Placement Particulars	Highlights
BFSI Domain Recruiters	Hero Fincorp, ICICI Bank and Kotak Mahindra Bank
Consulting Domain Recruiters	EXL Service, Willis Towers Watson, Capgemini, and Deloitte USI
Manufacturing Domain Recruiters	Vedanta, Nuvoco Vistas
Participating Conglomerate Companies	Aditya Birla and GMR Group
Top Recruiters	GAIL(PSU), Biocon, Crompton Greaves, and Winzo
Average CTC	INR  22.65  LPA
Median CTC	INR 22.2 LPA
Highest CTC	INR 34.5 LPA
Average Package of Top 25 Percentile	INR  27.53 LPA
Average Package Top 50 Percentile	INR 25.42 LPA

IIM Indore PGP-HRM Placements 2023 Batch Profile

IIM Indore PGP-HRM Placement saw students from various academic backgrounds such as Science, Engineering, Arts, Humanities, Pharma, and Business. Students at IIM Indore also had work experience in diverse sectors like Consulting, Sales & Marketing, Retail, IT/ITES, Education, and Designing. Out of the total candidates who participated 36% were females and 64% were males. Additionally, 60% of students during IIM Indore Placements were freshers. It was led by candidates with 0-12 months (18%) and 24-36 Months (10%). 

IIM Indore PGP-HRM Placements 2023 Top Recruiters

IIM Indore PGP-HRM placements 2023 saw esteemed recruiters such ad Aditya Birla, Biocon, BLS International, Blue Medix, Capgemini, Crompton Greaves, and many others. Below are some of the Top recruiting companies for the PGP-HRM course:

IIM Indore Summer Internships Placements 2023

IIM Indore achieved 100% summer placements for its 2022-24 MBA class, comprising 606 students. The placements drive at IIM Indore also drew active interest from esteemed recruiters across sectors like BFSI, Conglomerates, Construction and Real Estate, Consulting, and Consumer Goods. IIM Indore engaged with over 140 recruiters, forming connections with 55+ firms.

Significantly, the average stipend at IIM Indore surged to 2.74 lakhs, a remarkable 37% increase from the previous year. The median stipend at IIM Indore also rose by 35% to reach 2.70 lakhs. Noteworthy growth was observed in average stipends for the top 100 and 200 students at IIM Indore, growing by 36.13% and 40.36% respectively, leading to stipends of 4.22 lakhs and 3.86 lakhs. Impressively, the highest stipend at IIM Indore also reached an unprecedented 6 lakhs, signifying a remarkable 50% increase from the prior year.

IIM Indore Summer Internships Placements 2023: Batch Profile

IIM Indore Summer Placements witnessed candidates from diverse professional and educational backgrounds. More than 40% of candidates had 1-2 years of work experience. It was followed by students having 2-3 years (21%) and more than 3 years (5%).  Below is the batch profile of the IPM and PGP courses at IIM Indore:

Summer Internship Particulars	Statistics
MBA Candidates	508
Dual Degree Candidates	98%
Percentage of Male Candidates in MBA Internships	68%
Percentage of Female Candidates in MBA Internships	32%
Percentage of Male Candidates in Dual Degree Internships	67%
Percentage of Female Candidates in Dual Degree Internships	33%
Average months of work experience (MBA applicants)	21 Months
Percentage of MBA students with work experience	55%
Percentage of MBA Students from Premier Institutes such as IITs/NITs/BITS/etc.	28%

Below are the graphs of the Percentage of student's work experience in diverse sectors along with their educational backgrounds:

IM Indore Summer Internships Placements Statistics 2023

IIM Indore Summer Internships Placements 2023 saw offers from different various domains such as Consulting (25%), Sales and Marketing (23%), General Management, HR and Operations (21%), Finance (16%), and IT/Analytics. Below are the stipends offered at IIM Indore: 

Summer Internship Particulars	Stipend in INR	Percentage of Stipend Increase
Highest Stipend	INR 6 Lakhs	50%
Average Stipend	INR 2.74 Lakhs	37%
Median Stipend	INR 2.70 Lakhs	35%
Top 100 Candidates' Average Stipend	INR 4.22 Lakhs	36.13%
Top 200 Candidates' Average Stipend	INR 3.86 Lakhs	40.36%

IIM Indore PGP-HRM Summer Internship Placements 2023

Following are the Highlights of PGP-HRM Summer Internship Placement at IIM Indore:

Summer Internship Particulars	Highlights
Total Number of Recruiters	15+
Sector in which placements were offered	Consulting, BFSI, Manufacturing, and IT/ITES
Average Stipend (For Two Months)	INR 2.2 Lakhs
Highest Stipend  (For Two Months)	INR 3.2 Lakhs
Median Stipend (For Two Months)	INR  2 Lakhs
Top 25%	INR  2.7 Lakhs
Top 50%	INR  2.4 Lakhs
Percentage of Average Stipend Increase	22%

The average stipend at IIM Indore over the two-month period amounted to INR 2.2 Lakhs. The highest stipend at IIM Indore during the same period reached INR 3.2 Lakhs. The median stipend at IIM Indore for the two-month duration stood at INR 2 Lakhs. The top 25% of stipends achieved INR 2.7 Lakhs, while the top 50% reached INR 2.4 Lakhs. The increase in the average stipend amounted to 22%.

IIM Indore PGP-HRM Summer Internship Placements 2023 Batch Profile

IIM Indore PGP-HRM batch had students from various sectors with rich and diverse educational backgrounds. Participants have worked in various sectors such as Consulting, Auditing, Retail, IT/ITES, Advisory, and Hotel Management. Additionally, 97% of the candidates were female candidates. Applicants had diverse work experience with 47% of students being freshers. It was followed by students having more than 30 months of experience (24%), 18-24 months of experience (18%), and between 24-30 months (8%). Below are some of the percentage statistics of IIM Indore PGP-HRM Summer internship placements in 2023:

IIM Indore PGP-HRM Summer Internship Placements 2023 Top Recruiters

IIM Indore PGP-HRM Summer Internships Placement witnessed the presence of various eminent recruiters such as Aditya Birla, AON, Capgemini, BLS International, Deloitte, DCM Shriram, and many others. Below are the top recruiters of IIM Indore PGP-HRM Batch 2023: