Indore, Madhya Pradesh
Indian Institute of Management Indore
IIM Indore has concluded the final placements for the batch of 2022-24, attaining a placement record of 100% and the season concluded successfully with more than 150 recruiters making offers to 594 students from the two-year Post Graduate Programme (PGP) and five-year Integrated Programme in Management (IPM) for the largest outgoing cohort in the program's 27-year history, despite a cooling employment market.
IIM Indore Final Placements 2024 PGP and IPM
| 2024 | 2023 | |
| Average CTC | INR 25.68 LPA | INR 30.21 LPA |
| Median CTC | INR 24.50 LPA | INR 24.09 LPA |
| Highest package | INR 1 crore per annum | INR 114 LPA |
| Placement rate | 100% | 100% |
| Students Placed | 594 | 568 |
| Recruiters participated | 150+ | 150+ |
There was a 15% drop in the average salary offered to PGP students compared to the 2023 placements.
Top Recruiters
Following are the top recruiters that participated in IIM Indore's Final Placement:
| Accenture Operations | Airtel | Bajaj Consumer Care |
| CAMS | DataLink | ESAF Bank |
| Godrej & Boyce | HCLSoftware | HDFC Life |
| Hero Future Energies | Indus Insights | IndusInd Bank |
| Jio Financial Services | Mindsprint | Navi |
| OLA Electric | Searce | SBI Securities |
| Sutra Management Consulting | Suzlon Group | ThoughtFocus |
| Ujjivan Small Finance Bank | Unacademy | Zinnov and Zycus |
Sector-Wise Breakup
Now, let's look at which sectors contributed what percentage of jobs at IIM Indore this year.
Top Recruiters from Finance
19% of all offers were from the finance cohort, which included the following companies:
| Ambit Capital | Axis Bank | Bank of America |
| Barclays | CAMS | Citi |
| CRISIL | Deutsche Bank | ESAF Bank |
| Goldman Sachs | Guidepoint | HDFC Bank |
| HDFC Life | HSBC | ICICI Bank |
| IndigoEdge | IndusInd Bank | JPMorgan Chase & Co. |
| Kotak Mahindra Bank | Mango Advisors | Morgan Stanley |
| Nomura | o3 Capital | Sabre Partners |
| SBI Securities | Spark Capital Advisors | Standard Chartered Bank |
| The D.E. Shaw Group | Ujjivan Small Finance Bank | Vananam |
| YES Bank |
Top Recruiters from Sales and Marketing
19% of all offers were made in the Sales and Marketing function, where notable recruiters participated, including:
| 91Squarefeet | Aditya Birla Fashion and Retail Ltd | Affinity Global |
| Zycus | XSEED Education | Vedanta Limited |
| Varun Beverages Limited | TATA Steel | TATA Consumer Products |
| Table Space | Suta | Samsung |
| Reckitt | Reid & Taylor | Proctor & Gamble |
| Prataap Snacks | PepsiCo | Asian Paints |
| AstraZeneca | Bajaj Auto | Bajaj Consumer Care |
| Birla91 | Century Plyboards | Country Delight |
| Crompton Greaves Consumer Electrical | Dr Reddy's Laboratories | eMSME |
| General Mills | Godrej & Boyce | Haleon |
| Hindustan Unilever Limited | InfoEdge | ITC Limited |
| Lodha | Mondelez International | nStore |
| OfBusiness | PepsiCo. |
Top Recruiters from IT or Analytics
12% of the class chose to work in IT or analytics, and companies like:
| Accenture Operations | Amazon | American Express |
| Axtria | Capgemini Chrysalis | CarDekho |
| Cognizant | DataLink | EXL Analytics |
| GE Healthcare | Genpact | Hero MotoCorp |
| HCLSoftware | HCLTech | Hexaware |
| IDFC First Bank | Incture | Magicbricks |
| MAQ Software | Merilytics | Mindsprint |
| Navi | Optum | Polestar |
| QualityKiosk Technologies | TA Digital | Wipro |
Top Recruiters from General Management, Human Resources, and Operations
25% of the group received offers for positions in general management, human resources, and operations from a variety of businesses, including:
| Aarti Industries | Airtel | AMWAY |
| Biocon | BLS International Services | Capgemini E.L.I.T.E. |
| Century Real Estate Holdings | Cipla | Everest Industries |
| DCM Shriram | Delhivery | General Mills |
| Godrej Mills | Godrej Properties Ltd. | Hero MotoCorp |
| Hero Future Energies | Indegene | Jio Financial Services |
| Jubilant Motorworks | Larsen & Turbo | Luminous Power Technologies |
| Nuvoco Vistas | Okaya Group | OLA Electric |
| PhonePe | Reliance Industries Limited | Renew Power |
| Salesforce | Schneider Electric | Sobha Realty |
| Suzlon Group | TATA Administrative Services | TATA Communications |
| Tech Mahindra | ThoughtFocus | Unacademy |
| Volvo Eicher | Wakefit |
IIM Indore Placements:Â Average Package Trends
IIM Indore Summer Internship 2024
The Indian Institute of Management (IIM) Indore has a mandatory social internship program as a part of the IPM curriculum. Students have to complete their internship during the fourth and fifth years of the five-year program.
| Average stipend | INR 2.74 lakhs |
| Highest stipend | INR 6 lakhs |
| Median stipend | INR 2.70 lakhs |
| Top 100 | INR 4.22 lakhs |
| Top 200 | INR 3.86 lakhs |
During the summer, IIM Indore also provides paid internships. 25% of internships granted by 140 international and Indian companies in 2024 were in the consultancy industry. The average stipend was INR 2.74 lakhs (37% increase), while the highest was INR 6 lakhs. This indicated an increase of 50% in the highest stipend. The median stipend was INR 2.70 lakhs (35% increase). The top 100 students received INR 4.22 lakhs while the top 200 received INR 3.86 lakhs.
Sector-Wise Distribution
Frequently Asked Questions (FAQs)
Q. Does IIM Indore have 100% placement?
A. Yes, IIM Indore announced a record 100% placement rate for its 2022-24 batch.
Q. What is the highest package in IIM Indore?
A. IIM Indore placement report showed the highest package to be INR 1 crore per annum in 2024 and INR 1.14 crore per annum in 2023.
Q. What is the average CTC in IIM Indore?
A. The average CTC in IIM Indore was INR 20.68 LPA and INR 35.21 LPA for 2024 and 2023 respectively.
Q. Is CAT more difficult than IPMAT?
A. CAT and IPMAT are both moderate to high-difficulty level entrance exams. However, the success rate of students in CAT is way lower than that of IPMAT.
Q. What is the stipend for IIM Indore?
A. The highest stipend offered at IIM Indore in 2024 was INR 6 lakhs. The stipend at IIM Indore is INR 2 lakhs for two months median. On the other hand, in terms of stipends, the top 25% made INR 2.7 Lakhs, and the top 50% made INR 2.4 Lakhs.
