IIM Indore placement report: Top employers, salary packages and more

Indian Institute of Management (IIM) Indore is one of the first five IIMs established in the country. The premier management institute was set up in the year 1996. Currently it is ranked at 8, all over India in the National National Institutional Ranking Framework 2023.
Among its list of many illustrious pass-outs, IIM Indore boasts of alumni such as Hussain Haidry, co-founder and CEO of Zomato, and founders of Bewakoof.com, Avinash Sethi, Siddharth Sethi.
IIM Indore, for the academic year 2022-23 declared 100% completion of Final placements for the outgoing MBA batch of 2021-23.
According to the IIM report, over 160 recruiters gave offers to 568 students of two year Post Graduate Programme (PGP) and Integrated Programme in Management (IPM).
The report states, recruiters showed increased interest and enthusiasm during the placement season, engaging with a diverse range of firms extending offers across multiple domains. These domains included Consulting, Finance, General Management, Human Resources, Operations, Information Technology, Analytics, Product Management, Sales, and Marketing. This year's average compensation increased significantly, reaching 30.21 LPA, representing a significant 20.8% year-on-year increase. The median compensation, which reached 27.20 LPA, also increased by 12.9% from the previous year. Notably, the highest domestic package offered increased by 132.6%, reaching 1.14 crores per annum. This reflects an extraordinary trend in the placement landscape, demonstrating both the breadth of opportunities and the significant growth in compensation packages.
Further that, this year, the institute established connections with over 80 new recruiters, expanding its network to include prominent names such as Aarti Industries, Adani Group, African Industries Group, Alkem Laboratories, AM/NS, Ambit Capital, Bira 91, BlackRock, CavinKare, CITI Bank, DCM Shriram, Delhivery, DISYS, Dolcera, Edelweiss Alternative Asset Advisors, Exide Industries, EXL Analytics, EY Parthenon, Genpact, Haleon, HCL Tech, Houlihan Lokey, ICRA, IIFL Wealth & Asset Management, Indegene, IndigoEdge, Kearney, LatentView Analytics, Mphasis, Nation With NaMo, Newzera Tech, o3 Capital, Ola, Piramal Alternatives, Publicis Sapient, Reckitt, ReNew Power, Samagra, Samsung, Societe Generale, Stakeboat Capital, Standard Chartered, Syngene International, TAFE, TATA AIA, TATA Communications, TATA Motors, Tolaram, Trident Group, TVS Capital Funds, Willis Towers Watson, and WNS.
Domain-wise breakup of placements received
Consulting
Consulting remains a pivotal aspect of placements, with 29% of the batch securing offers from renowned firms like Accenture Strategy, Bain & Company, Boston Consulting Group (BCG), Deloitte India, EY Parthenon, Infosys Consulting, McKinsey & Company, and PwC India.
Finance
IIM Indore's presence in the finance sector deepened further, capturing 18% of total offers. Noteworthy names like Ambit Capital, BlackRock, Deutsche Bank, Goldman Sachs, ICICI Securities, Nomura, and Standard Chartered actively participated in this domain.
Sales & Marketing
In Sales & Marketing, 18% of the batch received offers from leading recruiters such as AB InBev, Asian Paints, HUL, IBM, PepsiCo, and Samsung, demonstrating a strong engagement in this dynamic domain.
IT, Analytics, and Product Management
The IT, Analytics, and Product Management domain attracted 16% of the batch, with prominent recruiters including Amazon, Cognizant, Microsoft, Ola, and TATA Communications actively participating, offering diverse opportunities.
General Management, HR, Leadership, and Operations
A substantial 19% of the batch secured offers in General Management, HR, Leadership, and Operations. Renowned names such as Adani Group, Flipkart, HSBC Technology India, Mahindra & Mahindra, Reliance Industries Limited, and Wipro actively contributed to this domain.
According to the report, Consulting, Banking, Financial Services, Insurance (BFSI), and the Technology, Media & Telecommunications (TMT) sectors emerged as the most actively involved, constituting more than three-fourths of the total offers.
Aspiring MBA candidates who have appeared for the CAT 2024 exam can know more about the placement in IIM Indore through this official report.