Placements are a crucial aspect of management education, and the Indian Institute of Management Indore (IIM Indore) takes immense pride in its robust and dynamic placement process. IIM Indore, one of the premier business schools in India, has established itself as a preferred destination for top recruiters seeking talented and skilled management graduates.
The institute’s placement process is designed to provide students with excellent career opportunities across various sectors and domains. With a strong and diverse pool of students, IIM Indore consistently attracts a wide range of esteemed companies from different industries.
IIM Indore has an impressive track record of attracting top-notch recruiters from various sectors, including consulting, finance, marketing, operations, technology, and more. The students’ diverse academic backgrounds and multifaceted skill sets make them valuable assets to companies across industries.
Placement Process at IIM Indore
The institute follows a systematic approach, which includes various stages and activities to ensure smooth and successful placements. Here is an overview of the placement process at IIM Indore:
- Pre-Placement Talks (PPTs) and Company Presentations: The placement process typically kicks off with Pre-Placement Talks (PPTs) and company presentations. Recruiters from various industries visit the campus to interact with the students, provide insights into their organizations, and present job opportunities. These sessions help students understand the company culture, job roles, and growth prospects, enabling them to make informed career choices.
- Summer Internship Placements: Before the final placements, IIM Indore conducts Summer Internship Placements for the students. During this phase, companies offer internships to the students for a short duration, usually spanning over the summer months. The internships serve as valuable learning experiences, allowing students to apply their classroom knowledge to real-world business challenges.
- Preparing for Final Placements: Throughout the academic year, students undergo rigorous preparation to enhance their skills and knowledge in various domains. The institute conducts training programs, workshops, and mock interviews to groom the students and make them job-ready. The Career Development Services (CDS) team plays a pivotal role in guiding and supporting students during this preparation phase.
- Final Placements: The final placements at IIM Indore are the most crucial phase of the process. Companies from diverse sectors visit the campus to recruit students for full-time roles. The placement season usually spans over a few days or weeks, with multiple companies conducting recruitment drives. Recruiters shortlist candidates based on their resumes, academic performance, and performance in the selection rounds.
- Selection Rounds: The selection rounds may include written tests, group discussions (GD), case discussions, personal interviews (PI), and other evaluation methods. The specific rounds may vary depending on the company and the job role they offer. Students are assessed based on their analytical abilities, communication skills, problem-solving skills, and overall suitability for the company’s requirements.
- Job Offers and Acceptance: Upon successful completion of the selection rounds, companies extend job offers to the selected candidates. Students have the option to accept or decline the offers based on their preferences and career aspirations. The placement committee and CDS team assist students in making informed decisions and negotiating job offers if required.
- Dream Company Policy: IIM Indore follows a “Dream Company Policy” that allows students to participate in the recruitment process of a specific number of dream companies during the initial phase of the placement season. This ensures equal opportunities for students to secure offers from their preferred organizations.
Process to Apply for IIM Placement
| Step No. | Step Description |
|---|---|
| Step 1 | Register with the Institute’s Placement Cell |
| Step 2 | Attend Pre-Placement Talks (PPTs) and Company Presentations |
| Step 3 | Update Resume and Academic Records |
| Step 4 | Express Interest in Companies of Choice |
| Step 5 | Appear for Placement Selection Rounds |
| Step 6 | Attend Group Discussions (GDs) and Case Discussions |
| Step 7 | Participate in Personal Interviews (PI) |
| Step 8 | Receive Job Offers and Compensation Details |
| Step 9 | Decide and Accept/Decline Job Offers |
| Step 10 | Engage with Alumni and Industry for Mentorship |
| Step 11 | Seek Placement Support and Guidance from CDS |
Top Recruiters at IIM Indore
- Accenture
- Aditya Birla Group
- Amazon
- Bain & Company
- Boston Consulting Group (BCG)
- Capgemini
- Citi Bank
- Deloitte
- Ernst & Young (EY)
- Goldman Sachs
- Hindustan Unilever Limited (HUL)
- ITC Limited
- JPMorgan Chase & Co.
- Kotak Mahindra Bank
- McKinsey & Company
- Microsoft
- Nestlé
- PricewaterhouseCoopers (PwC)
- Reliance Industries Limited (RIL)
- Tata Consultancy Services (TCS)
- The Procter & Gamble Company (P&G)
- Wipro
- Yes Bank
- Zomato
- Infosys
Placement of IIM in 2023
| Parameter | Placement Statistics (2022) | Placement Statistics (2023) |
|---|---|---|
| Highest package (PGP-HRM) | INR 36 LPA | INR 34.50 LPA |
| Average package (PGP-HRM) | INR 20.30 LPA | INR 22.65 LPA |
| Median package (PGP-HRM) | INR 19.60 LPA | INR 22.20 LPA |
| Highest package (PGP-EPGP) | INR 70 LPA | INR 43.90 LPA |
| Average package (PGP-EPGP) | INR 25.90 LPA | INR 27.80 LPA |
| Median package (PGP-EPGP) | INR 23.60 LPA | INR 30 LPA |
| Highest package (PGP and IPM) | INR 49 LPA | INR 114 LPA |
| Average package (PGP and IPM) | INR 25.01 LPA | INR 30.21 LPA |
| Median package (PGP and IPM) | INR 24.09 LPA | INR 27.20 LPA |
| EPGP total participants | 57 | 57 |
| EPGP roles offered on campus | 57 | 160+ |
Average Package of IIM
| Program | Average Package (2022) | Average Package (2023) |
|---|---|---|
| EPGP | INR 25.90 LPA | INR 27.8 LPA |
| Average Package of Top 50% (2022) | Average Package of Top 50% (2023) | |
| INR 31.30 LPA | INR 32.80 LPA | |
| Average Package of Top 25% (2022) | Average Package of Top 25% (2023) | |
| INR 36.70 LPA | INR 34.80 LPA | |
| PGP-HRM | INR 20.30 LPA | INR 22.60 LPA |
| Average Package of Top 50% (2022) | Average Package of Top 50% (2023) | |
| INR 22.60 LPA | INR 25.42 LPA | |
| Average Package of Top 25% (2022) | Average Package of Top 25% (2023) | |
| INR 24.42 LPA | INR 27.60 LPA | |
| PGP-IPM | INR 25.01 LPA | INR 30.21 LPA |
| Average Package of Top 50% (2022) | Average Package of Top 50% (2023) | |
| INR 37.95 LPA | INR 52.06 LPA | |
| Average Package of Top 25% (2022) | Average Package of Top 25% (2023) | |
| INR 32.75 LPA | INR 40.55 LPA |
Frequently Asked Questions
IIM Indore has consistently maintained a high placement record, with a significant percentage of students being placed every year. The specific placement statistics may vary from year to year and across different programs.
The alumni network of IIM Indore is highly active in placements. Many alumni represent their respective companies during recruitment drives, and they also actively mentor and guide current students to succeed in the corporate world.
The placement process at IIM Indore is a well-structured and organized procedure. It includes Pre-Placement Talks (PPTs), Summer Internship Placements, and Final Placements. Recruiters conduct selection rounds like written tests, group discussions, and personal interviews to hire students for full-time roles.
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