IIM Indore Average Package

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The PGP HRM and EPGP placement report for 2023 has been made public by IIM Indore. During IIM Indore placements in 2023, the highest and most common packages for the PGP HRM program were INR 34.50 LPA and INR 22.65 LPA, respectively. Additionally, the maximum salary granted to the PGP EPGP program during IIM Indore placements in 2023 was INR 43.90 LPA. In addition to this, a total of about 20 recruiters offered prestigious jobs to students from the 2023 PGPHRM Batch of IIM Indore, which had a batch number of 38 students. A total of 27 additional recruiters have been added in the last two years, according to the placement report.

IIM Indore Average Package

IIM Indore Placements 2023 Report

Particulars Placement Statistics 2023 Placement Statistics 2022
Batch Size 568 572
Total Recruiters 160 180
New Recruiters 80 30
Highest Package INR 1.14 CPA INR 49 LPA
Average Package INR 30.21 LPA INR 25.01 LPA
Median Package INR 27.2 LPA INR 24.09 LPA
Increase in Highest CTC 132.6%
Increase in Average CTC 20.8% 6%
Increase in Median CTC 12.0% 6.6%
Top Recruiting Domains Consulting Consulting
Top Recruiters Accenture Strategy, Acuvon Consulting, Aspect Ratio, Avalon Consulting, Bain & Company, BCG, Deloitte India, Deloitte USI, Everest Group, etc. Accenture Strategy, Bain & Company, Boston Consulting Group, Deloitte, Everest Group, Eversana, Ernst & Young, Infosys Management Consulting, KPMG, etc.

IIM Indore Placements 2023 Sector Wise Analysis

According to data gathered by Collegedunia, IIM Indore had the highest package, at INR 1.14 CPA. The Placement Drive included 160 top recruiters and almost 80 new recruiters.

The batch 2023 at IIM Indore’s sector-by-sector analysis is shown in the following table:

Sectors CTC Range
Consulting 17 – 45 LPA
Finance 14 – 35 LPA
General Management / HR / Operations 12 LPA – 1.25 Cr
IT / Analytics 20 – 33 LPA
Sales & Marketing 16 – 64 LPA

IIM Indore Consulting Sector Placements 2023

For the class of 2023, IIM Indore Consulting Sector Placements are listed below:

Company CTC (LPA)
Accenture 35 – 45
Acuvon Consulting 17
Avalon Consulting 22 – 23
Bain & Company 21
BCG 36 – 38
Deloitte USI 24 – 28
Everest Group 27.5
EY 21 – 24
GEP Worldwide 24
HCL 19
Kearney 26
KPMG 25
Mckinsey 20 – 21
PwC US Advisory 20 – 25
RedSeer Consulting 23 – 25
Samagra 25 – 30

IIM Indore Finance Sector Placements 2023

IIM Indore’s placements in the finance sector for the class of 2023 are listed below:

CompanyCTC (LPA)
03 Capital35
BlackRock25+
CITI Bank25 – 28
DE Shaw32
Delhivery26
Edelweiss26
ICRA14 – 17
Distance MBA From IIM

IIM Indore IT / Analytics Sector Placements 2023

For the class of 2023, IIM Indore‘s IT and analytics sector placements are listed below:

Company CTC (LPA)
American Express 28 – 33
EXL Analytics 28
GE 22
LatentView 20 – 24
Optum 26.2
Samsung 25
 

IIM Indore Sales & Marketing Sector Placements 2023

Below is a list of placements for the class 2023 in the sales and marketing sector at IIM Indore.

Company CTC (LPA)
Atomberg Technologies 20 – 22
Bajaj Auto 25 – 28
Dr. Reddy’s Laboratories 22.5
Haleon 25
HUL 34
IBM 25 – 30
Infosys 16 – 24
PepsiCo 25
Reckitt 25 – 27
ReNew Power 20 – 22
Tolaram 64

IIM Indore Placements 2023 Salary

Number of Candidates Average CTC Increase in Average CTC
Top 100 INR 51.07 LPA 37.2%
Top 200 INR 40.55 LPA 23.8%

IIM Indore Placements 2023 Roles Offered

Some of the roles offered to the IIM Indore PGP and IPM students in various domains are as follows:

Domains Roles Offered
IT/ Analytics Bid Management, Cloud Services, Digital Application Operations, Digital Innovation, Digital Journey Owner, Digital Project Management, and Product Development.
Sales & Marketing Account Management, B2B Sales, Brand Management, Category Management, Digital Marketing, Growth Marketing, Institutional Sales, Pre Sales, and Product Marketing
Consulting BFSI, Deal Strategy, Digital Transformation, Enterprise Strategy, IT Transformation, M&A, Operations Transformation, Private Equity, Products & Platforms Strategy, Research & Advisory, Risk & Financial Advisory, Business Restructuring, Strategy & Business Optimization, and Technology Consulting.
Finance Asset Management, Corporate Banking, Counterparty Risk, Credit Risk, Equity and Derivatives Trading, Equity Research, Financial Advisory, Financial Reporting, Financial Strategy & Operations, Fund Advisory, Investment Banking, Insurance Strategy, Portfolio Management, Pricing, Risk Management & Underwriting, Tax, Trade Finance, and Treasury & Trade Solutions.
General Management, HR & Operations Business Strategy & Planning, Corporate Strategy, Deal Execution, HR Consulting, Import Operations, Investor Relations, Process and Operations Excellence, Project Management, Service Operations, and Supply Chain Analytics & Transformation

IIM Indore PGPHRM Placements 2023

The PGPHRM batch 2021–23 placement data is as follows:

Particulars Placements Statistics 2023
Batch Size 38
Recruiters 20
Highest Package INR 34.5 LPA
Average Package INR 22.6 LPA
Median Package INR 22.2 LPA
Average Package of Top 25% INR 27.6 LPA
Average Package of Top 50% INR 25.4 LPA
Increase in Average CTC 11%
Top Recruiters Hero Fincorp, ICICI Bank, Kotak Mahindra Bank, Deloitte USI, EXL Service, Capgemini, Willis Towers Watson, etc.

IIM Indore EPGP Placements 2023

The following are the placement statistics for the EPGP batch during the 2023 placements:

Particulars Placement Statistics 2023
Students Participated 57
Students Placed 48
Students Opted Out 9
Total Recruiters 68+
New Recruiters 27
Roles Offered 160+
Highest CTC INR 43.9 LPA
Average CTC INR 27.8 LPA
Median CTC INR 30 LPA
Increase in Average Pay 5%
Increase in Median Pay 27%
Average increase in Pay Post EPGP 78%
Median Increase in Pay Post EPGP 108%

IIM Indore Alumni Network

Name of the Institute Number of Alumni
Amazon 283
Deloitte 268
Accenture 220
EY 197
ICICI Bank 195
American Express 183
Google 130
JP Morgan Chase & Co. 107
HDFC 107
PwC 94
PwC India 87
Flipkart 74
Bain & Company 65
Boston Consulting Group (BCG) 54

FAQ's

The highest package at IIM Indore stood at INR 1.14 LPA, during the 2023 placements.

The average package at IIM Indore stood at INR 30.21 LPA during the 2023 placements.

IIM Indore has witnessed a 100% placement during the summer internship placement of batch 2022-24. 

The highest stipend at IIM Indore stood at INR 6 lakhs, which is 50% more than the previous year. 

The average stipend at IIM Indore stood at INR 2.74 lakhs in the 2024 summer internship placement.

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