IIM Indore Placement 2025: Highest Package, Average Package, Top Recruiters

Indore, Madhya PradeshAutonomous UniversityEstd 1996
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Collegedunia Team

Content Curator | Updated on - Jul 28, 2026

IIM Indore completed final placements for its 2023-25 batch in early 2025, placing all 591 students from the Post Graduate Programme (PGP) and Integrated Programme in Management (IPM). The average package for the combined PGP and IPM batch stood at INR 29.57 LPA, up from INR 25.68 LPA for the 2024 batch, with a median of INR 27 LPA. The highest domestic offer received was INR 70 LPA in the consulting domain. More than 225 recruiters participated in the process, including 50 first-time recruiters.

The Post Graduate Programme in Human Resource Management (PGPHRM) and the Executive Post Graduate Programme (EPGP) conducted separate placement processes. The PGPHRM 2025 batch of 32 students reported an average package of INR 25 LPA and a highest offer of INR 40 LPA. Consulting remained the dominant hiring sector for the PGP and IPM cohort, accounting for 35.4 percent of total placements in 2025.

IIM Indore Placement Highlights

Particulars2025 (2023-25 Batch)2024 (2022-24 Batch)2023 (2021-23 Batch)
Students Placed (PGP+IPM)591 (100%)594 (100%)568 (100%)
Average PackageINR 29.57 LPAINR 25.68 LPAINR 30.21 LPA
Median PackageINR 27 LPA--
Highest PackageINR 70 LPAINR 1 crore PAINR 1.14 crore PA
Companies Participated225+--
Note: Highest package figures across years are not directly comparable. Prior-year figures included international offers, which have a different cost structure from domestic compensation. The 2025 figure of INR 70 LPA reflects the domestic offer reported by the institute.

Key Takeaways:

  • The average package for the 2025 batch recovered to INR 29.57 LPA after a dip to INR 25.68 LPA in 2024, approaching the INR 30.21 LPA average recorded in 2023.
  • IIM Indore has maintained 100 percent final placement across all three reporting years, with a growing recruiter base reaching 225 companies in 2025.

PGP and IPM Placements 2025

The PGP and IPM batches at IIM Indore participate in a joint final placement process. The combined batch of 591 students was placed at an average of INR 29.57 LPA and a median of INR 27 LPA, with 100 percent placement achieved across all domains. The IPM is a five-year integrated programme that leads to the same placement outcome as the two-year PGP, and both cohorts are presented to recruiters without distinction.

Consulting firms were the top hiring sector, accounting for 35.4 percent of placements. General Management, HR, and Operations roles collectively represented 26.5 percent, followed by Finance at roughly 18 percent and IT and Analytics at around 15 percent. Over 225 recruiters participated, including 50 companies that made their first appearance at IIM Indore’s placement process in 2025.

Sector-Wise Placement Distribution (2025)

SectorShare of Placements
Consulting35.4%
General Management, HR and Operations26.5%
Finance~18%
IT and Analytics~15%
Sales and MarketingBalance

PGPHRM Placements 2025

The Post Graduate Programme in Human Resource Management conducted its own placement process for the 2025 batch of 32 students. The average package stood at INR 25 LPA, with a median of INR 24 LPA and a highest offer of INR 40 LPA. The PGPHRM focuses on HR strategy and organizational behaviour, and its graduates are placed primarily into HR leadership and talent management roles at corporations across sectors.

Major companies that recruit from the PGPHRM include large consulting firms and multinational corporations with dedicated HR management tracks. The average package of INR 25 LPA for PGPHRM in 2025 is lower than the PGP+IPM combined average of INR 29.57 LPA, reflecting the specialized nature and smaller batch size of the HR programme.

EPGP Placements

The Executive Post Graduate Programme (EPGP) at IIM Indore is a one-year residential programme for working professionals. The 2023-24 EPGP batch reported an average package of INR 27.5 LPA, a highest offer of INR 47 LPA, and a top quartile average of INR 38.3 LPA. EPGP participants typically have eight to ten years of prior work experience and seek lateral placements into senior roles rather than entry-level positions.

Summer Internship Placements

The summer internship for the 2024-26 PGP batch saw participation from more than 200 companies, including 40 first-time recruiters. The highest stipend offered was INR 6 Lakhs for the two-month internship period, and the average stipend ranged from INR 2.53 to 2.74 Lakhs. Summer internships are a key pipeline for PPOs, and students who convert internship offers strengthen their placement outcomes ahead of the final process.

Top Recruiters at IIM Indore

Consulting firms, investment banks, technology companies, and consumer goods majors are the primary recruiters at IIM Indore final placements. The table below lists the most prominent companies that have recruited from the PGP, IPM, and PGPHRM processes.

CompanyCompanyCompany
McKinsey and CompanyBCGBain and Company
Accenture StrategyDeloitteEY
Goldman SachsBank of AmericaBarclays
AmazonMicrosoftGoogle
Hindustan UnileverMaricoP and G
Aditya Birla GroupTata GroupWipro

IIM Indore Placement FAQs

Ques. Does IIM Indore consistently achieve 100 percent placement?

Ans. Yes. IIM Indore has achieved 100 percent final placement for its PGP and IPM batches across multiple consecutive years, including the 2023-25, 2022-24, and 2021-23 batches. The institute’s placement process runs in phases, with consulting and finance firms leading the early rounds and general management and operations roles filling in subsequent phases until all students are placed.

Ques. Why did the average package at IIM Indore drop in 2024 and recover in 2025?

Ans. The 2024 batch (2022-24) reported an average package of INR 25.68 LPA, down from INR 30.21 LPA in 2023, largely driven by a pullback in hiring volume from technology and some consulting firms during that period. The 2025 batch (2023-25) recovered to INR 29.57 LPA as recruiter participation expanded to 225 companies, including 50 first-time participants, and consulting and finance demand strengthened.

Ques. Are the IPM and PGP placement outcomes the same at IIM Indore?

Ans. The IPM (Integrated Programme in Management) and PGP batches participate in the same final placement process at IIM Indore. Both cohorts access the same recruiters and roles without distinction, and the average and median packages reported apply to the combined pool. The 2025 combined batch of 591 students had an average of INR 29.57 LPA and a median of INR 27 LPA.

Ques. Which sector hires the most students from IIM Indore?

Ans. Consulting is the largest hiring sector at IIM Indore, accounting for 35.4 percent of the 2025 batch placements. Firms such as McKinsey, BCG, Bain, Accenture Strategy, Deloitte, and EY are regular top recruiters. General management, HR, and operations roles collectively took 26.5 percent of the batch, followed by finance at roughly 18 percent and IT and analytics at around 15 percent.

IIM Indore Overall Placement Highlights

The highest package offered at IIM Indore is INR 70 Lakhs, while the average package stood at INR 29.57 Lakhs. Various recruiters participated in the recruitment process of IIM Indore including Amazon, Bain & Company India Private Limited, Bank of America, Cognizant, Credit Suisse Business Analytics and more.

Highest PackageAverage Package
70 L
29.57 L
014.0 Lakhs28.0 Lakhs42.0 Lakhs56.0 Lakhs70.0 Lakhs

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IIM Indore Coursewise Placement Highlights

In 2024, IIM Indore MBA/PGDM programme recorded median package of INR 25.5 Lakhs.

Yearly Placement Package Comparison
Particulars202420232022
Median Package₹25.50 Lakhs₹24.70 Lakhs₹24.09 Lakhs
Yearly Students Placed
Particulars202420232022
Student Admitted635613601
Students Placed633606565

IIM Indore Placements: Students' Opinion

AI-Generated Summary based on 82 Reviews

IIM Indore maintains a strong placement record with 100% placement for its students. Significant recruiters include BCG, Goldman Sachs, Google, Amazon, and Deloitte, among others. The highest domestic salary package offered was Rs. 50 LPA, with an average package of Rs. 22.92 LPA and a median package around Rs. 21 LPA. A total of 153 companies participated in the placement process, providing roles across various domains such as consulting, marketing, finance, operations, and technology.

The institute also offers robust summer internship opportunities, with stipends averaging Rs. 2.74 lakhs, and a highest stipend of Rs. 6 lakhs. Despite the challenges posed by a large batch size of 600 students, IIM Indore's placement statistics are comparable to other top IIMs. The placements are held twice during the course, with roles in management, sales, marketing, product management, and niche domains being highly sought after.

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IIM Indore: 17 Answered Questions

What was the Summer Internship Data for IIM Indore?

Jasmine Grover
Mansi Jain

IIM Indore boasts the biggest batch size among the IIMs. With 508 MBA Candidates and 98 Dual Degree Candidates, IIM Indore has concluded its Summer Internship for batch 2024.

The highest stipend was recorded at INR 6 Lakhs, marking a 50% increase. IIM Indore average stipend and median stipend stood at INR 2.74 Lakhs and INR 2.70 Lakhs respectively. Both the average and median stipends saw significant increases, with the average stipend rising by 37% and the median stipend witnessing a 35% increase. The details are tabulated below:

Particulars Internship Statistics (2024)
Batch Size 606
Number of Recruiters 140
Number of New Recruiters 55+
Highest Stipend INR 6 Lakhs (50% Increase)
Average Stipend INR 2.74 Lakhs (37% Increase)
Top 100% Average Stipend INR 2.70 Lakhs (35% Increase)
Top 200% Average Stipend INR 4.22 Lakhs (36.13% Increase)
Median Stipend INR 3.86 Lakhs (40.36% Increase)
Top Domain Consulting
Top Recruiters Consulting: Accenture Strategy & Consulting, Aon, Bain & Company, BCG, Deloitte India, Deloitte USI, EY, KPMG, McKinsey & Company Finance: Citigroup, Credit Suisse, CRISIL, Deutsche Bank, Goldman Sachs, HDFC Bank, HSBC, JPMorgan Chase & Co, Morgan Stanley, SBI Capital Markets, Yes Bank General Management / HR / Operations: Adani Group, Capgemini. Cipla, Flipkart, ICICI Bank, Kotak Mahindra Bank, Larsen & Toubro, Piramal, Reliance Industries, Tata Capital, Udaan, Wipro Limited IT / Analytics: Amazon, American Express, Big Basket, Cardekho, IDFC First Bank, MagicBricks, Microsoft, Procter & Gamble, Tata Consultancy Services, Walmart Sales & Marketing: AB InBev, Aditya Birla Fashion & Retail Limited, Asian Paints, Bajaj Auto, Dabur, DCM Shriram, Disney Star, Dr. Reddy's Laboratories, Google, ITC, PepsiCo, Puma, Samsung, Sony Pictures Networks
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Which of the following is better in terms of placements: IIM K, IIM I, ISB, FMS or XLRI?

Neha Uniyal
Rishabh SinghLives in banglore

ISB caters to working professionals with more than 2 years of experience. If you do not belong to this category, this institution is not for you. 

Now coming to the other options,

The HR program of XLRI is very old and renowned. Because of it, XLRI receives a slightly higher number of recruiters. This boosts its average package. Its limited batch size also benefits its placements. IIMK, FMS and XLRI receive more or less the same companies. But IIMK and XLRI attract MBB (McKinsey, Bain, BCG) for their front end roles, which IIMI and FMS do not. 

Considering all these factors, XLRI is the best choice, mainly because of its small batch size. It is followed by IIMK and FMS, and IIM Indore comes last.

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How does IIM Indore and IIM Kozhikode compare head to head on placements?

Amit SharmaLives in Indore

IIM Indore and IIM Kozhikode are very similar to each other in most aspects, including placements. 

But the main issue is IIM Indore’s huge batch size. IIM Indore admits almost double the MBA students as compared to IIM Kozhikode. This leads to immense competition among its students, even though Indore has an advantage over Kozhikode in terms of its recruiter numbers and profiles. 

Apart from placements, a huge student intake places a lot of burden on the infrastructure and faculty at IIM Indore. The faculty to students ratio is better at IIM Kozhikode. But IIM Indore enjoys great connectivity, which IIM Kozhikode does not. 

Both of them are highly prestigious business schools in India, and you shouldn’t just consider placements while choosing between them. Moreover, the market conditions can hugely affect the placements of a college for a certain year. Its impact may differ from one college to another.

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How are placements at IPM IIM Indore as compared to IITs?

Yatika BansalStudied at IIM Indore

IIMs and IITs are completely different brands. While IIMs offer management studies, the forte of IITs is engineering studies. So it is not wise to compare the placements of IIM Indore with those of the IITs.

As per the consolidated report of IIM Indore, here are the 2023 placement stats for its PGP and IPM courses-

  1. The highest package for 2023 was 1.14 CPA, with an increase of 132.6% from the previous placement season.
  2. The average CTC was 30.21 LPA, and the median CTC was 27.2 LPA. The average CTC saw 20.8% increase, and the median CTC saw 12.9% increase.
  3. The average CTC for top 100 placed students was 52.06 LPA, and for top 200 placed students, it was 40.55 LPA. 
  4. The list of prominent recruiters included names like Google, Adani, Accenture, Cipla, EY, IBM, etc. 
  5. Companies from Consulting, Finance, General Management, HR, Operations, IT, Analytics, Sales and Marketing sectors visited the campus for recruitments.

Thus, IIM Indore is a great choice for your management studies. But make sure to choose your career path based on your goals and vision, instead of simply looking at the placement stats of various colleges.

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How good is IIM Indore for finance from a future perspective?

Himanshi JainStudied at Indian Institute of Management Indore (2019)

At IIM Indore 2023 placements, 18% of students got selected in the Finance sector. Even during the 2022 placements, 20% of students landed a job in the Finance domain.

The overall placements for the year 2023 were quite promising and the Highest Package stood at INR 1.14 CPA (domestic). The Average Package stood at INR 30.21 LPA and Median Package stood at INR 27.2 LPA.

IIM Indore does not provide a finance specialization in the PGP program. 

However, a good percentage of students get placed in the finance domain. Also, IIM Indore has a 100% placement record for the year 2023 with a 20.8% increase in the average salary.

Thus, IIM Indore is an excellent choice to pursue your PGP. You will surely get placed in the finance sector with a good package if you work hard and remain focused.

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How does the huge batch size affect placements in IIM Indore?

Nivedita TrivediLives in Indore

The huge batch size does not negatively affect placements at IIM Indore. IIM Indore is a well-known management institution in India that proves its worth each year through an excellent placement record.

IIM Indore Final Placements

  • During the 2023 placements, IIM Indore recorded an excellent 132.6% increase in its Highest Package and a 20.8% increase in its Average Package.
  • The Highest Package stood at INR 1.14 CPA and the Average Package stood at INR 30.21 LPA. The Median Package stood at INR 27.2 LPA. Amazon, BCG, Cipla were among the top recruiters.
  • IIM Indore achieved a 100% placement for 2023 batch. 160 companies made offers to a large batch of 568 IPM and PGP students.

IIM Indore Summer Internship

  • Summer Internship Placements saw participation from a total of 140 firms and 606 students. 
  • The Highest Stipend saw an increase of 50% and the Average Stipend increased by 37%. 
  • The Highest Stipend stood at INR 6 Lakhs and the Average Stipend stood at 2.74 Lakhs. 
  • Students were offered maximum internships in the Consulting Sector- 25%. Adani Group, Amway, and Apollo Tyres, among others participated in recruiting interns.

It is safe to say that not only is IIM Indore maintaining an excellent placement record, it has in fact seen a positive growth in the salary figures offered to the students.

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How do people with a poor ACAD profile survive in IIM Indore during the summer placements? Do they get jobs?

Aparna Das
Nivedita TrivediLives in Indore

In IIM Indore, having a poor academic profile does not necessarily mean that you cannot secure a job during summer placements. While academic performance is one aspect of a student's profile, there are other factors that are also taken into consideration by companies during the hiring process. These include work experience, live projects, certifications, and PORs (Positions of Responsibility).

To compensate for a poor academic profile, students can focus on building up these other aspects of their profile. For example, if a student has below 85% in their 10th, 12th, and B.Tech, they can still secure a job if they have significant work experience in a relevant field, as demonstrated by one of the examples provided. In this case, the student focused on live projects, PORs, and certifications, which helped them to secure shortlists from top companies such as Google and eventually convert a PPO (Pre-Placement Offer).

Another example is a student who has less than 65% in graduation but has excellent work experience in operations. This student will still be able to secure several opportunities during summer placements and ultimately even convert into a PPO.

However, students with few accomplishments may have more trouble finding summer and final positions. Students should excel in academics, work experience, projects, certificates, and PORs. This will boost their job and career prospects.

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What are the package details for students at IIM Indore?

Syed Yusuf Ashraf
Debansh SaxenaStudied at IIM Indore

The final placement season of 2022 saw opportunities offered in a variety of industries. Banking, Financial Services & Insurance (BFSI), Consulting, Consumer Products & Retail (CPR), and Technology, Media & Telecommunications (TMT) hired the most students. Automotive, Chemicals, Energy, Healthcare, Hospitality, Infrastructure, Logistics & Supply Chain, Manufacturing, Mobility, Pharmaceuticals, Steel, and Wine & Spirits were also heavily represented. 

Domain-specific placements:

  • Sales & Marketing - 18%
  • Consulting - 31%
  • Finance - 20%
  • Genman, Ops & others - 16%
  • IT / Analytics - 15%

The total number of recruiters was 200+ recruiters with 30+ new recruiters. IIM Indore's highest package offered was INR 49 LPA whereas the average package offered was INR 25.01 LPA (6% increase in Average CTC), and the median package offered was INR 24.09 LPA (6.6% increase in Median CTC).

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How much salary do the last 50 MBA students get at final placements at B Schools like IIM Indore, IIFT Delhi, MDI Gurgaon, SIBM Pune, etc.?

Tithi AggrawalFounder, NextBigWhat

Colleges invite companies for placements on the basis of the preference list created by the students themselves. This means that the most preferred companies visit in the initial days while the least preferred companies visit towards the end. This eventually means that the last of the batch gets placed by mediocre companies.

Now here is a fact, sometimes the companies visiting at the end in order to get higher preference and attract maximum students, offer high packages that are at par with the preferred companies. 

My uncle was a placement coordinator at IIFT a few years ago and gave me an insight into the placement scenario of such B Schools. Numerically speaking if the median salary of a particular B School is X, then the packages offered to the last 59 students would be around 0.6X-0.7X. 

College Name

Median Salary

Salary expected by last 50 candidates 

IIM Indore 

INR 24.09 LPA

INR 16.8 LPA

IIFT Delhi

INR 25.6 LPA

INR 17.9 LPA

MDI Gurgaon 

INR 24 LPA

INR 16.8 LPA

SIBM Pune

INR 20.80 LPA

INR 14.5 LPA

The approximate salary offered to the last 50 candidates of the B Schools you mentioned is around 15-17 LPA.

Kindly note that these figures are based solely on guesses and anecdotes from my juniors, and are just meant to give an idea of the salary.

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How are the placements at IIM Indore?

Collegedunia Team
Nookala Akshara

Our institute has a dedicated placement committee that ensures that there is a 100 percent placement record with reputatable companies like EY and goldman sachs. The highest package to date is 1 Cr per annum and the average is 25-30 LPA.

...Read More
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View All Questions and Answers

IIM Indore Alumni Distribution by Sector

Education 20%
Sales 13%
Research 12%
Engineering 11%
Business Development 9%

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Frequently Visited Companies

Companies
AmazonBain & Company India Private LimitedBank of AmericaCognizant
Credit Suisse Business AnalyticsMcKinsey & CoMu SigmaWipro
Barclays BankDeloitteDeutsche BankHDFC Bank
JP MorganMicrosoftMorgan StanleyTata Steel
American ExpressBajaj AutoHindustan Unilever LimitedWhirlpool
CapgeminiSBI Life InsuranceTech MahindraGlaxo Smithkline Consumer Ltd (GSK)

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Comments


Found 2 Comments

A
aafiya yadgir
Mar 27, 2024 20:32
What is the salary of an MBA in IIM Indore?
S
Sweta Kumari
Mar 29, 2024 16:46

IIM Indore successfully placed all students from its PGP and IPM batch of 2024. Over 150 recruiters participated, offering a diverse range of opportunities for the graduating batch. The highest package offered stood at INR 100 LPA. The average package saw a decrease compared to the previous year, settling at INR 25.68 LPA. The maximum number of offers were offered by the Consulting cohort (25%) followed by the Finance cohort (19%). IIM Indore Summer Internship Placements 2024 reports are released. A total of 140 recruiters, with 55 new recruiters visited the campus to provide internship opportunities to the batch of 606 students. IIM Indore highest stipend stood at INR 6 lakhs and IIM Indore's average stipend stood at INR 2.74 lakhs. IIM Indore witnessed a 50% increase in the highest stipend and a 37% increase in the average stipend

E
epil gagrai
Mar 26, 2024 10:01
What is the average salary of MBA in IIM Indore?
A
Ashish Ramtari
Mar 27, 2024 08:20

The average salary package offered to the MBA students in IIM Indore is INR 25.68 lacs per year in the 2024 session. This is lesser than the average package offered to the students in the 2023 session when it was 30.21 lacs per year.


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