IIM Indore concluded its 2021 placement drive for its MBA, and IPM programs wherein the students bagged an average salary package worth INR. 23.6 LPA. Over 210 companies participated in the placement drive, out of which 40 of them recruited from the institute for the first time.

Table of Content

  1. IIM Indore Placements 2021 Report
  2. IIM Indore Placements 2021 Domain-wise
  3. IIM Indore Placements 2021 Sector-Wise

3.1 IIM Indore E-Commerce Placements 2021: Highest CTC: INR 35 LPA

3.2 IIM Indore Finance Placements 2021: Highest CTC: INR 28 LPA

3.3 IIM Indore Consulting Placements 2021: Highest CTC: INR 35 LPA

3.4 IIM Indore General Management Placements 2021: Highest CTC: INR 25 LPA

3.5 IIM Indore Sales and Marketing Placements 2021: Highest CTC: INR 27 LPA

3.6 IIM Indore IT and Other Placements 2021: Highest CTC: INR 25 LPA

  1. IIM Indore Placements 2021 Top Recruiters
  2. IIM Indore Year-wise Salary Trends 
  3. IIM Indore Placements 2020 Highlights
  4. IIM Indore EPGP Placements 2020

6.1 IIM Indore EPGP Placements Salary Statistics

6.2 IIM Indore EPGP Placements Batch Profile

  1. IIM Indore Summer Placements 2022

7.1 IIM Indore Summer Placements Sector-wise

7.2 IIM Indore Summer Placements Domain-wise

  1. IIM Indore Placements Alumni Network
  2. IIM Indore Placements FAQs

Apart from the Final Placements, IIM Indore also witnessed an impressive record with regards to the summer placements of the 2020-22 batch. The institute achieved 100% placements and also saw a rise of nearly 7% in average stipend compared to last year. The average stipend stood at INR. 1.68 Lakh (for two months) in 2019-2020, however, this year it stood at INR. 1.8 Lakhs.

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IIM Indore Placements 2021 Report

The institute hosted over 210 recruiters out of which more than 40 recruiters including Blue Star, NPCI, Paytm, PhonePe, TATA AIA, and etc hired from the campus for the first time for multiple roles.

The batch comprised a whopping number of 579 students. The average domestic salary stood at INR. 23.6 LPA, witnessing an increase of 3% from the previous year while the average salary of the top 100 students of the batch stood at INR. 33 LPA. 

IIM Indore Placements 2021 Report

The highest domestic salary and the international salary offered during the 2019-21 placement season was INR 41.5 LPA and INR 56.8 LPA, respectively.

Finance, Sales & Marketing and Consulting were the most sought-after domains with finance comprising 24% of the offers.

Some of the top recruiters who participated in the 2021 placement drive were- Bank of America, DE Shaw, Deutsche Bank, Goldman Sachs, Hindustan Unilever Limited, ITC, L’Oreal, Marico, Deloitte, Ernst & Young, Everest Group, American Express, Genpact, Salesforce, and etc.

IIM Indore Placements 2021 Domain-wise

IIM Indore Placements 2021 Domain-wise

A wide variety of roles ranging from investment banking and corporate banking to private equity and equity research were offered by top recruiters in the finance domain such as Bank of America, DE Shaw, Deutsche Bank, Goldman Sachs, HDFC Bank, ICICI, JP Morgan Chase & Co., Kotak Mahindra Bank, Morgan Stanley and State Street.

Sales & Marketing was a sought-after domain this year as well with companies like AB InBev, Asian Paints, Enphase Energy, Hindustan Unilever Limited, ITC, L’Oreal and Marico making multiple offers to the candidates. With the e-commerce sector becoming the trending career destinations for students, companies like Amazon, Country Delight, Indiamart, Udaan, V2 Retail offered multiple roles to the candidates.

IIM Indore proudly hosted coveted recruiters from the consulting domain including Bain Capability Network, Boston Consulting Group, Deloitte, Ernst & Young, Everest Group, GEP Consulting, Infosys Management Consulting, McKinsey & Company and PricewaterhouseCoopers in management consulting and strategy consulting roles. Recruiters such as Cognizant Business Consulting, Merilytics, MXV Consulting and Optum offered IT & technology consulting roles.

General Management and Operations roles were offered by Bridgestone, Capgemini, Hero MotoCorp, L&T, JSW, Tech Mahindra and Whirlpool. Marquee recruiters like American Express, Genpact, Salesforce, Wipro and Yes Bank offered roles in IT/Analytics and Product Management roles.

IIM Indore Placements 2021 Sector-Wise

As per the information collected by Collegedunia, following is the list of sectors in which students of IIM Indore were placed:

Sector Major Recruiters Highest CTC (INR)
E-Commerce Amazon and MagicBricks 35 LPA
Finance DE Shaw and Goldman Sachs 28 LPA
Consulting EY Parthenon and BCG 35 LPA
General Management ABG and ACT Fibernet 25 LPA
Sales and Marketing HUL and ITC 27 LPA
IT & Others Comviva and Microland 21 LPA

The following is the sector wise placements for the year 2021:

IIM Indore E-Commerce Placements 2021: Highest CTC: INR 35 LPA

The following table represents the placements in the E-Commerce Sector:

Company Role CTC (INR) Number of Students
Amazon Ops, Category, Program 30-35 LPA 8-10
Flipkart BD, OPs, Category 26-27 LPA 2-3
Lenskart Sales, OPs 16-17 LPA 1-2
MagicBricks Sales 17-18 LPA 1-2
IndiaMart Category Manager, Sales, Product 15-16 LPA 3-4
Makemytrip Product 22-24 LPA 2-3
Rebel Foods Product, Strategy, EIR 18-20 LPA 6-7

The highest CTC stood at INR 30-35 LPA which is offered by Amazon and 8-10 students were employed.

IIM Indore Finance Placements 2021: Highest CTC: INR 28 LPA

The following table represents the placements in the Finance Sector:

Company Role CTC (INR) Number of Students
Goldman Sachs Risk, IB 21-22 LPA 7-8
Nomura IB, Global Finance 15-16 LPA 3-4
HSBC Global Finance 16-17 LPA 10-12
Deutsche Bank IB 18-20 LPA 6-7
JP Morgan Risk Management 19-20 LPA 3-4
DE Shaw Analyst, Ops 27-28 LPA 1-2
Credit Suisse Risk Management 18-20 LPA 3-4
Crisil Risk Management 12-13 LPA 6-7
HDFC Management Associate 14-15 LPA 15-17
Fidelity Analyst, Ops, Product, Strategy 16-17 LPA 7-8
Bank of America Analyst, Ops, IB 15-20 LPA 7-8
GE FMP 17-18 LPA 1-2
Philips Corp Fin 15-16 LPA 2-3
ofBusiness Corp Fin 16-17 LPA 1-2

The highest CTC stood at INR 28 LPA which is offered by DE Shaw and maximum number of students are employed by HDFC Bank and HSBC Bank.

IIM Indore Consulting Placements 2021: Highest CTC: INR 35 LPA

The following table represents the data about the placements in the Consulting sector:

Company Role CTC (INR) Number of Students
BCG Strategy / Consulting 29-30 LPA 5-7
Deloitte S&0 Strategy / Consulting 20-21 LPA 2-3
Deloitte USI Strategy / Consulting 17-18 LPA 6-7
EY Strategy / Consulting 17-18 LPA 10-12
KPMG Strategy / Consulting 17-18 LPA 4-5
PwC Strategy / Consulting 19-20 LPA 12-15
United Health Strategy / Consulting 19-20 LPA 3-4
Brain Capability Network Backend Consulting 21-22 LPA 9-10
EY Parthenon Strategy / Consulting 30-35 LPA 4-5
CBC Consulting 13-17 LPA 8-10
Vector Consulting Strategy / Consulting 20-21 LPA 3-4
IMC Tech Consulting 16-17 LPA 5-6
IBM Tech Consulting 15-16 LPA 8-9
Wipro Tech Consulting 14-15 LPA 15-16

The highest CTC stood at INR 35 LPA which is offered by EY Parthenon and the maximum number of students are employed by Wipro and PwC.

IIM Indore General Management Placements 2021: Highest CTC: INR 25 LPA

The following table represents the placements in the General Management sector:

Company Role CTC (INR) Number of Students
ABG Leadership Associate 24-25 LPA 1-2
CapGemini Elite ELITE 19-20 LPA 3-4
Tech Mahindra Global Leadership Cadre 17-18 LPA 1-2
ACT Fibernet Management Trainee 18-20 LPA 3-4

The highest CTC stood at INR 25 LPA which is offered by ABG and maximum number of students are employed by CapGemini Elite and ACT Fibernet.

IIM Indore Sales and Marketing Placements 2021: Highest CTC: INR 27 LPA

Company CTC (INR) Number of Students
HUL 26-27 LPA 2-3
ITC 23-24 LPA 3-4
Loreal 22-23 LPA 1-2
Marico 19-20 LPA 1-2
PepsiCo 20-22 LPA 2-3
Pidilite 21-22 LPA 2-3
ABFRL 15-16 LPA 3-4
Asian Paints 21-22 LPA 2-3
Raymond 13-14 LPA 1
Whirlpool 18-20 LPA 1-2
Wipro 17-18 LPA 3-4
Vodafone 18-20 LPA 1-2
GroupM - 1
HT Media 13-15 1-2

The highest CTC stood at INR 27 LPA which is offered by HUL and maximum number of students are employed by ITC and ABFRL.

IIM Indore IT and Other Placements 2021: Highest CTC: INR 25 LPA

The following table represents the placements in the IT and Other Sectors:

Company Role CTC (INR) Number of Students
Cognizant Business Analyst 16-18 LPA 17-18
Mindtree Business Analyst 15-17 LPA 10-12
Comviva Product 18-20 LPA 8-10
Microland Product, tech Consulting 20-21 LPA 6-7
Tech Mahindra IT Strategy 17-18 LPA 5-6
TCS Business Analyst 14-18 LPA 16-17
CapGemini IT Consulting 15-16 LPA 15-16
Google Campaign, Trust and Safety 24-25 LPA 4-5
GE DTLP 19-20 LPA 2-3
AppDynamics Product 18-20 LPA 3-4
MAQ Software Strategy 17-20 LPA 2-3
Wipro IT Consulting 16-17 LPA 3-4

The highest CTC stood at INR 25 LPA which is offered by Google and maximum number of students are employed by TCS and CapGemini.

IIM Indore Placements 2021 Top Recruiters

More than 210 recruiters participated in the IIM Indore Placements 2019-21 including Bank of America, DE Shaw, Deutsche Bank, Goldman Sachs, HDFC Bank, ICICI, JP Morgan Chase & Co., Kotak Mahindra Bank, Morgan Stanley, State Street, Blue Star, NPCI, Paytm, PhonePe, TATA AIA, AB InBev, Asian Paints, Enphase Energy, Hindustan Unilever Limited, ITC, L’Oreal, Amazon, Country Delight, Indiamart, Udaan, V2 Retail, and etc.

IIM Indore Year-wise Salary Trends 

The following tabulation represents the salary trends observed in during the final placement session of the previous years-

Component 2021 2020 2019 2018
Average CTC INR. 23.6 LPA INR. 22.92 LPA INR 20.79 LPA INR. 18.17
Median CTC - INR.22 LPA INR 19.4 LPA -
Maximum CTC INR. 56.8 LPA INR. 50 LPA INR 40.5 LPA INR. 33.04 LPA

The Highest Domestic Salary went up to INR. 56.8 LPA from INR. 50 LPA last year Average Salary increased by 3% from INR. 22 LPA last year to INR. 23.6 LPA in 2021.

IIM Indore Placements 2020 Highlights

The following table represents the placement statistics observed during the 2020 placement drive:

Batch 2018-20
Total Number Of Students 578
Total Number Of Recruiters 160+
Highest CTC INR 50 LPA
Average CTC INR 22.9 LPA
Top 100 Students Average CTC INR 32.9 LPA
Top Recruiters ACG, ACT, Accenture, Dabur

In the placement drive of 2020, 160+ companies recruited 578 students and there were more than 45+ first time recruiters.

During the placement drive, the highest CTC stood at INR 50 LPA whereas the average CTC stood at INR 22.9 LPA and the top 100 students were offered the CTC of INR 32.9 LPA.

Some of the top recruiters are, ACG, ACT, Accenture, Dabur, EY, FIITJEE, Cipla, Cognizant, HP, Hero, HDFC Bank and many more.

IIM Indore EPGP Placements 2020

The institute hasn’t yet released its 2021 final placement report for the EPGP batch, however, the following represents the placement statistics observed during the previous year’s placement session.

The 11th batch of the EPGP consists of 43 professionals from almost all sectors, i.e.

IT/ITES, Electricity, Strength, Oil & Gas, Procurement & Building Engineering, Automobile, Healthcare,Steel, Food & Beverages, Telecom and BFSI, Consultancy, Manufacturing and many more.

Batch 2019-20
Total Number of Recruiters 50+
First Time Recruiters 25
Total Number of Students 37
Highest CTC INR 80 LPA
Average CTC INR 24 LPA
Median CTC INR 18.9 LPA
Minimum CTC INR 12 LPA

During the IIM Indore EPGP Placement drive of 2020, 50+ companies recruited 37 students and there were 25+ new recruiters this time.

In the EPGP placement drive, the highest CTC stood at INR 80 LPA whereas the average CTC stood at INR 24 LPA, the median CTC was INR 18.9 LPA and the minimum CTC stood at INR 12 LPA.

IIM Indore EPGP Placements 2020 Salary Statistics

Pay Scale Incoming (INR) Outgoing (INR)
Average Salary (LPA) 11.25 24.1
Median Salary (LPA) 9.3 18.9

IIM Indore EPGP Placements 2020 Batch Profile

The following graph represents the batch profile of IIM Indore EPGP Placements 2020:

IIM Indore EPGP Placements 2020 Batch Profile

It is observed that 35 students were males and 8 were females.

IIM Indore Summer Placements 2022

The summer placements of the 2020-22 batch witnessed a 100% placement record, It also saw a rise of nearly 7% in average stipend compared to last year. The average stipend last year was INR. 1.68 Lakh (for two months) which this year stood at INR. 1.8 Lakhs. However, the highest stipend saw a decline from last year’s INR. 4 Lakhs to INR. 3.2 Lakhs this year.

The institute witnessed the participation of 575 students of the flagship Post Graduate Programme as well as the unique five-year Dual Degree Management course offered at IIM Indore.

Total No. of Recruiters 190
Total No. of Students 547
Highest Stipend INR. 3.2 Lakhs (For 2 Months)
Average Stipend INR. 1.8 Lakhs (For 2 Months)
Top 100 Stipend INR. 2.95 Lakhs
Median Stipend INR. 1.83 Lakhs

Top 100 offers constituted of a stipend worth INR. 2.95 LPA with a 4% increase, whereas the median stipend witnessed a 9% increase and stood at INR 1.83 Lakhs.

Apart from the traditional recruiters, a lot of first-time recruiters participated in the summer placement process. 70+ new recruiters participated this time, including Amazon Web Services, Cloudtail, GlaxoSmithKline Consumer Healthcare, Lubrizol, Marsh, Rohatyn Group, Tata Consumer Products, and Veritas.

Some of the recruiters who participated in this year’s summer placement season included Amazon, American Express, ArcelorMittal Nippon Steel, Asian Paints, Axis Bank, Bain & Co, Bajaj Auto, Barclays, Bridgestone, Boston Consulting Group, Capgemini, Cognizant, Cipla, Credit Suisse, D E Shaw, Deloitte India, Deloitte USI, Deutsche Bank, Everest Group, General Electric, Goldman Sachs, Google, etc.

IIM Indore Summer Placements 2021 Sector-wise

Sales & Marketing got the highest placement followed by Consulting and Finance.

Sector Placement Percentage
Consulting 24%
Finance 21%
Sales & Marketing 25%
IT/Analytics 11%
General Management, Operations & Others 19%

Consulting

In the Consulting domain, marquee recruiters like Boston Consulting Group, Bain & Co, Deloitte India, Deloitte USI, Everest Group, GEP Consulting, McKinsey & Co, PricewaterhouseCoopers SDC, Optum, among others, recruited 24 percent of the batch.

Finance

Finance attracted 21 percent of the total offers from the big names like Barclays, Credit Suisse, D E Shaw, Deutsche Bank, Goldman Sachs, HSBC Bank, JP Morgan Chase & Co, StateStreet etc for premier roles.

Big recruiters and conglomerates that offered leadership roles are ACT Fibernet, Amazon, Cipla, JSW Group, Mahindra & Mahindra, Larsen & Toubro, and Tata Steel.

General Management/HR/Operations

Aditya Birla Group hired from IIM Indore for the first time under its prestigious Young Leaders Programme. The campus once again witnessed major conglomerates like Mahindra & Mahindra and Reliance Industries hiring for their coveted leadership program. Other prominent recruiters such as Essel Group and Jindal Steel Works also joined in to recruit the growing talent at IIM Indore for their General Management roles. The operations and HR domain have witnessed a surge this year with companies such as Amazon, Amway, Cummins, Dr. Lal PathLabs, Larsen & Toubro, Tata Steel, and others hiring from the campus. New relationships were established with companies like Maersk Line, Polycab, Tata Communications, and others.

Sales and Marketing

Sales and Marketing was one of the most sought-after domains constituting 25 percent of the total offers as recruiters including Asian Paints, Dabur, Hindustan Unilever, ITC, L'Oreal, Marico, Piramal, Puma continued to bestow their trust in the institute.

IT & E-commerce

IT & E-commerce companies like American Express, Baker Hughes, Capgemini, Google, General Electric, Microsoft, Walmart Labs offered a good number of roles to students.

IIM Indore Summer Placements 2022 Domain-wise

The following table represents the domain-wise placement statistics:

Domain Placement Percentage
Automotive 8%
Consulting 22%
BFSI 18%
IT/Analytics 14%
E-Commerce 9%
Manufacturing 8%
FMCG 12%
Healthcare 4%
Others 5%

IIM Indore Placements Alumni Network

The following table represents the alumni who are currently working under different sectors of the industry:

Recruiter No. of Alumni
ICICI Bank 191
Cognizant 189
Amazon 144
Tata Consultancy Services 143
Accenture 125
HDFC Bank 96
EY 93
Wipro Limited 91
American Express 89
HSBC 83

IIM Indore Placements FAQs

Ques. How many recruiters visited IIM Indore in 2021?

Ans. There were 210 recruiters that visited IIM Indore.

Ques. What is the highest package of IIM Indore during the 2021 placement drive?

Ans. The highest package of IIM Indore is INR 56.8 LPA.

Ques. Which PGDM field got maximum placement in IIM Indore during the 2020 placement session?

Ans. PGDM in Marketing received the maximum percentage of Placement of IIM Indore.

Ques. Which sector recruited the highest number of students of IIM Indore?

Ans. Finance, Sales & Marketing and Consulting were the most sought-after domains with finance comprising 24% of the offers.

Ques. What is the Average package for IIM Indore?

Ans. The IIM Indore average package was INR 23.6 LPA.