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Indore, Madhya Pradesh

Indian Institute of Management, Indore (IIM I)

by Tanaya Ahirrao 37 May 22, 2024

IIM IndoreĀ Placement:Ā IIM IndoreĀ 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

20242023
Average CTCINR 25.68 LPAINR 30.21 LPA
Median CTCINR 24.50 LPAINR 24.09 LPA
Highest packageINR 1 crore per annumINR 114 LPA
Placement rate100%100%
Students Placed594568
Recruiters participated150+150+
There was a 15% drop in the average salary offered to PGP students compared to the 2023 placements.
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Also Read, IIM Indore Admission

IIM Indore Placements:Ā Top Recruiters

Following are the top recruiters that participated in IIM Indore's Final Placement:

Accenture OperationsAirtelBajaj Consumer Care
CAMSDataLinkESAF Bank
Godrej & BoyceHCLSoftwareHDFC Life
Hero Future EnergiesIndus InsightsIndusInd Bank
Jio Financial ServicesMindsprintNavi
OLA ElectricSearceSBI Securities
Sutra Management ConsultingSuzlon GroupThoughtFocus
Ujjivan Small Finance BankUnacademyZinnov and Zycus

IIM Indore Placements:Ā 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 CapitalAxis BankBank of America
BarclaysCAMSCiti
CRISILDeutsche BankESAF Bank
Goldman SachsGuidepointHDFC Bank
HDFC LifeHSBCICICI Bank
IndigoEdgeIndusInd BankJPMorgan Chase & Co.
Kotak Mahindra BankMango AdvisorsMorgan Stanley
Nomurao3 CapitalSabre Partners
SBI SecuritiesSpark Capital AdvisorsStandard Chartered Bank
The D.E. Shaw GroupUjjivan Small Finance BankVananam
YES Bank

Also Read, IIM Indore Cut off's

Top Recruiters from Sales and Marketing

19% of all offers were made in the Sales and Marketing function, where notable recruiters participated, including:

91SquarefeetAditya Birla Fashion and Retail LtdAffinity Global
ZycusXSEED EducationVedanta Limited
Varun Beverages LimitedTATA SteelTATA Consumer Products
Table SpaceSutaSamsung
ReckittReid & TaylorProctor & Gamble
Prataap SnacksPepsiCoAsian Paints
AstraZenecaBajaj AutoBajaj Consumer Care
Birla91Century PlyboardsCountry Delight
Crompton Greaves Consumer ElectricalDr Reddy's LaboratorieseMSME
General MillsGodrej & BoyceHaleon
Hindustan Unilever LimitedInfoEdgeITC Limited
LodhaMondelez InternationalnStore
OfBusinessPepsiCo.

Top Recruiters from IT or Analytics

12% of the class chose to work in IT or analytics, and companies like:

Accenture OperationsAmazonAmerican Express
AxtriaCapgemini ChrysalisCarDekho
CognizantDataLinkEXL Analytics
GE HealthcareGenpactHero MotoCorp
HCLSoftwareHCLTechHexaware
IDFC First BankInctureMagicbricks
MAQ SoftwareMerilyticsMindsprint
NaviOptumPolestar
QualityKiosk TechnologiesTA DigitalWipro

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 IndustriesAirtelAMWAY
BioconBLS International ServicesCapgemini E.L.I.T.E.
Century Real Estate HoldingsCiplaEverest Industries
DCM ShriramDelhiveryGeneral Mills
Godrej MillsGodrej Properties Ltd.Hero MotoCorp
Hero Future EnergiesIndegeneJio Financial Services
Jubilant MotorworksLarsen & TurboLuminous Power Technologies
Nuvoco VistasOkaya GroupOLA Electric
PhonePeReliance Industries LimitedRenew Power
SalesforceSchneider ElectricSobha Realty
Suzlon GroupTATA Administrative ServicesTATA Communications
Tech MahindraThoughtFocusUnacademy
Volvo EicherWakefit

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IIM Indore Placements:Ā 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 stipendINR 2.74 lakhs
Highest stipendINR 6 lakhs
Median stipendINR 2.70 lakhs
Top 100INR 4.22 lakhs
Top 200INR 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

Ā IIM Indore Placements 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.

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