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IIM Indore Placements 2024: Highest Package, Average Package and Top Recruiters

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Nupur yadav

Updated on 22nd July, 2024 , 3 min read

IIM Indore Placements 2024 Overview

IIM Indore Placements 2024 are completed. According to the most recent data, IIM Indore Placements 2024 saw the highest and average packages awarded to PGP and IPM students, respectively, at INR 100 LPA and INR 25.68 LPA. Additionally, more than 150 recruiters came to college, placing 594 students from the 2024 class. In 2024, Accenture Strategy, Boston Consulting Group, Deloitte India, EY, Infosys Consulting, KPMG, and others were among the top recruiters at IIM Indore. Find out more about IIM Indore IIM Indore Placements, IIM Indore Fees, IIM Indore Cutoff and IIM Indore Admissions.

Prior to this, PGP and IPM students were offered the highest and average package at IIM Indore placements 2023, which were INR 114 LPA and INR 30.21 LPA, respectively. Additionally, PGP HRM batch 2023 received packages ranging from INR 34.50 LPA to INR 22.65 LPA on average. In addition, during IIM Indore placements 2023, more than 160 recruiters visited the campus and hired PGP IPM batch 2023 candidates. IIM Indore's top employers in 2023 were IBM, Deloitte, Capgemini, Infosys, KPMG, and EY.

Quick Pointers:

  1. When comparing the highest package given to the PGP-HRM batch in 2023 to 2022, there was a decrease of more than 4%.
  2. When comparing the average package given to the PGP EPGP cohort in 2023 to 2022, a rise of more than 7% was noted.
  3. The Average Package provided to PGP and IPM students increased by more than 21% in 2023 as compared to 2022.

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. NIRF 2023 has ranked IIM Indore eighth. The EPGP program at IIM Indore has been ranked 89th among the Top 100 Global MBA courses by FT Ranking 2023. IIM Indore provides PGP, Executive PGP, Five Year Integrated Program in Management, PGP-HRM, Doctoral Program in Management(DPM), and Executive DPM. The MBA tuition at IIM Indore is INR 20.10 Lakhs.

Quick Read: 

 

IIM Indore Placement Report 2024: Highlights

The following table lists the salient features of IIM Indore's 2024 class placements:

Particulars

Statistics 

Highest PackageINR 100 LPA
Average PackageINR 25.68 LPA
Median Package INR 24.50 LPA
Total Recruiters50+
Total Recruiters594

According to the most recent report, more than 160 recruiters took part in the placement process and employed PGP and IPM batch 2023 students in a variety of industries with modern job roles. During IIM Indore placements in 2023, the highest and average packages offered to PGP and IPM students were INR 114 LPA and INR 30.21 LPA, respectively. The following table lists the salient features of IIM Indore's 2022 and 2023 class placements:

Particulars

Placement Statistics (2022)

Placement Statistics (2023)

Batch strength

PGP and IPM: 572

EPGP: 57

PGP and IPM: 568

PGP-HRM: 38

EPGP: 57

Total recruiters

PGP and IPM: 200+

PGP-HRM: 20

EPGP: 68

PGP and IPM: 160

PGP-HRM: 20

EPGP: 68

Highest package

PGP and IPM: INR 49 LPA

PGP-HRM: INR 36 LPA

EPGP: INR 70 LPA

PGP and IPM: INR 114 LPA

PGP-HRM: INR 34.50 LPA

EPGP: INR 43.90 LPA

Average package

PGP and IPM: INR 25.01 LPA

PGP-HRM: INR 20.30 LPA

EPGP: INR 25.90 LPA

PGP and IPM: INR 30.21 LPA

PGP-HRM: INR 22.65 LPA

EPGP: INR 27.80 LPA

Median package

PGP and IPM: INR 24.09 LPA

PGP-HRM: INR 19.60 LPA

EPGP: INR 23.60 LPA

PGP and IPM: INR 27.20 LPA

PGP-HRM: INR 22.2 LPA

EPGP: INR 30 LPA

IIM Indore Average Package 2023

PGP HRM batch 2023 received an average package from IIM Indore worth INR 22.65 LPA. Additionally, IIM Indore offered PGP and IPM batch 2023 an average of INR 30.21 LPA. The following table shows the average course-wise IIM Indore offered during the 2023 placement drive:

Course

Placement Statistics (2023)

PGP and IPMINR 30.21 LPA
PGP-HRMINR 22.65 LPA
EPGPINR 27.80 LPA

When it comes to trends, the IIM Indore average package showed an upward tendency from 2021 to 2023. The average package that IIM Indore has provided to EPGP, IPM, and HRM students over the past three years is displayed in the table below:

Course

Average Package 2021

Average Package 2022

Average Package 2023

PGP IPM

INR 23.60 LPA

INR 25.01 LPA

INR 30.21 LPA

PGP HRM

-

INR 20.30 LPA

INR 22.65 LPA

E PGP

INR 19.99 LPA

INR 25.90 LPA

INR 27.80 LPA

IIM Indore Placements 2024 Sector Wise

The section wise placements of IIM Indore in mentioned in the table below:

Particulars 

Details 

Consulting 

25%

Finance

19%

Sales and Marketing 

19%

IT/ Analytics 

12%

General Management/ HR/ Operations 

25%

IIM Indore Placements Sector-wise Analysis 2023

According to data gathered by the highest package at IIM Indore was noted at INR 1.14 CPA. During the placement drive, 160 top recruiters and more than 80 new recruiters participated. The sector-by-sector analysis for IIM Indore Placements 2023 is displayed in the table below:

Industrial Sectors 

Annual CTC Range 

Consulting 

17-45

Finance 

14-35

General management/HR / Operations 

12-1.25 Cr

IT/ Analytics 

20-33

Sales and Marketing 

16-64

IIM Indore Placements 2023: Top IIMs Comparisons

The following list presents the IIM Indore placements data for 2023 in comparison to other IIMs:

IIM 

Highest Package

Average Package 

IIM Indore 

INR 114 LPA

INR 30.21 LPA

IIM Bangalore 

-

INR 35.31 LPA

IIM Calcutta 

INR 1.15 CPA

INR 35.07 LPA

IIM Lucknow 

INR 66 LPA

INR 30.44 LPA

IIM Indore Placement 2023: Top Recruiters

The following list are the well-known recruiters who attended the IIM Indore placements 2023:

  • Cognizant
  • Deloitte
  • Accenture
  • Infosys
  • Amazon
  • HCL
  • ICICI Bank
  • HDFC Bank
  • TCS

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Frequently Asked Questions

Does IIM Indore have 100% placement?

IIM Indore is happy to announce the successful completion of Final Placements for the 2022-2024 batch, resulting in a 100% placement record.

What is the highest package of IIM Indore?

The Indian Institute of Management, Indore (IIMI) has a 100% placement rate in the recruitment drive for 2022-24 batch, with 594 students receiving job offers, including one with a ₹ 1 crore bonus.

Which IIM is best for placements?

The IIM's in the order of ABC i.e Ahmedabad, Bangalore and Calcutta are the ones providing the best Placements.

Which companies visit IIM Indore?

IIM Indore Noteworthy Recruiters include VOIS, Amazon, American Express, Axtria, Capgemini Chrysalis, CarDekho, Carwale, Cognizant, Dolcera, Equitas Small Finance Bank, Exide Industries, EXL Analytics, GE, LatentView Analytics, and others.

Which IIM has 100 percent placement?

The Indian Institute of Management Bangalore (IIMB) has achieved 100% placements in many sectors, such as finance, consulting, sales, marketing, analytics, and operations.

Do IIM students get placed abroad?

However, placements at IIMs frequently include overseas hires. So, while foreign recruitment is not entirely out of the question, the opportunities are limited. International MBAs tend to obtain a larger share of international placements due to simplified work permission processes.

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