Indian Institute of Management, Indore Placements 2022: Average Package, Highest Package, Median Package, Top Companies ,

Get Admission and Placement Updates about Indian Institute of Management, Indore

IIM Indore placement 2022 was completed with a marginal improvement in several placement statistics compared to the 2021 placements. The economic downturn due to the pandemic can be sighted as one of the primary reasons for this. The highest salary package of INR 70 LPA was offered during EPGP placements 2022, whereas, IIM Indore average package was recorded at INR 25.90 LPA. Apart from top companies like Aditya Birla Fashion & Retail Limited, Asian Paints, Bajaj Auto, L'Oreal and MX Player, among others, many new recruiters participated during placement in IIM Indore. 

IIM Indore Summer Placements Analysis 2021-23

  • A rise of about 11% was observed in the average stipend
  • A surge of 10% was witnessed in the median stipend when compared to previous years' summer placements
  • 25% increment was seen in the highest package for this batch compared to the previous batch

IIM Indore Final Placements Analysis 2022

  • The median package offered during IIM Indore PGP placement 2022 was about 7% more than that of the year 2021
  • For the EPGP programme, an improvement of 114% was witnessed in the highest package offered in 2022 (compared to 2021)
  • The average package for the PGP HRM 2022 batch increased by about 9%, when compared to 2021 placements

IIM Indore Placements 2022: Top IIMs Comparison 

The median and average salary packages offered and the number of offers made in top IIMs as during 2021 placements for their flagship MBA (or PGP) programme is shown in the following table:

Institute Name 

Highest package 

No. of Offers 

No. of Recruiters 

IIM Indore 

INR 49 LPA   

NA 

200+ 

IIM Calcutta

NA 

631 

190+ 

IIM Kozhikode

INR 61.5 LPA 

571 

116 

IIM Lucknow

INR 58 LPA 

534 

80+ 

IIM Raipur

INR 42.15 LPA 

275 

113 

IIM Indore PGP Placements 2022: Highlights

Out of more than 200 recruiters who participated in IIM Indore final placements 2022, over 30 were first-time recruiters for PGP and (Integrated Programme in Management) IPM programmes. All the top recruiting companies offered multitudes of roles in the Automobile, BFSI, Consulting, E-Commerce, Energy, Healthcare and other sectors. A brief overview of IIM Indore placements 2022 is given below:

Particulars 

IIM Indore PGP & IPM Placement Statistics (2022)

Highest package 

INR 49 LPA 

Average package 

INR 25.01 LPA 

Median package 

INR 24.09 LPA 

Top 100 average package 

INR 37.95 LPA 

Top 200 average package 

INR 32.75 LPA

Total companies 

200+ 

First-time recruiters 

30+ 

Total no. of placements 

572 

Top companies 

Bain & Company, Accenture Strategy, Acuvon Consulting, Avalon Consulting, KPMG, Deloitte, etc. 

IIM Indore PGP Placements Trend: 2020 vs 2021 vs 2022

For the flagship PGP and dual degree (IPM) courses, IIM Indore average package in 2022 witnessed an increase of 6% and the median package has increased by about 7% this year (compared to 2021). The following chart represents IIM Indore PGP & IPM salary trends for the past three years:

iim indore pgp salary

In the recent placements (2022), a slight decline was observed in the number of students placed during the final placement at IIM Indore. However, the number of recruiters who visited during the placement at IIM Indore campus was about 200, out of which 30 were first-time recruiters. The following graph depicts the trends seen in these two components over the past three years:

 

A few more IIM Indore trends observed in the past three years across various placement components are as follows (for PGP and IPM course):

Particulars 

Statistics (2020) 

Statistics (2021) 

Statistics (2022) 

Highest package 

INR 50 LPA 

INR 41.5 LPA 

INR 49 LPA 

Average package 

INR 22.92 LPA 

INR 23.6 LPA 

INR 25.01 LPA 

Median package 

INR 22 LPA 

INR 22.6 LPA 

INR 24.09 LPA 

Students placed 

522 

579 

572 

Total companies 

160+ 

210+ 

200+ 

IIM Indore PGP Placements 2022: Domain-Wise

During IIM Indore placements 2022, 31% of the total students from the PGP batch 2022 were placed in the Consulting domain, followed by Finance (20%) and Sales & Marketing (18%). The pie chart below shows a domain-wise bifurcation of students placed from the PGP batch during placement in IIM Indore:

IIM Indore PGP HRM Placements 2022

According to IIM Indore placement report, the average package offered to IIM Indore PGP HRM 2022 batch was INR 20.30 LPA, whereas, the median package surged by 12%. 100% of the students received placement offers. The table below comprises major highlights related to the placement for PGP in HR Management:

Particulars 

Statistics 

Highest package 

INR 36 LPA 

Average package 

INR 20.30 LPA 

Median package 

INR 19.60 LPA 

Top 25% average package 

INR 24.42 LPA 

Top 50% average package 

INR 22.60 LPA 

Total companies 

20+ 

Top companies 

Capgemini, Dalmia Bharat, ICICI Bank, TATA Mutual Fund and HeroFinCorp., among others 

Note: The previous years’ data for PGP HRM placement in IIM Indore is unavailable. Hence, no trend is depicted. 

Read more: IIM Indore PGP HRM Placement Report 2022

IIM Indore EPGP Placements 2022: Highlights

The average package offered to the IIM Indore EPGP 2022 batch witnessed an increment of 109% when compared with the preceding year’s placement records. Similarly, the median package offered during 2022 placement in IIM Indore increased by a whopping 114% when compared to 2021. IIM Indore EPGP placements 2022 welcomed leading companies such as Accenture Strategy & Consulting, Ernst & Young and Cognizant Business Consulting. Key highlights related to IIM Indore EPGP placement are presented in the below-mentioned table:

Particulars 

Statistics 

Highest package 

INR 70 LPA 

Average package 

INR 25.90 LPA 

Median package 

INR 23.60 LPA 

Top 25% average package 

INR 36.70 LPA 

Top 50% average package 

INR 31.30 LPA 

Students placed 

53

Total companies 

100+ 

New companies 

34 

Top companies 

EY, Cognizant, IBM, Philips and Jio, among others 

IIM Indore EPGP Placements Trend: 2021 vs 2020 vs 2019

For the past three years, the salary trends (highest and average) have seen fluctuating trends. However, the median salary package witnessed a continuous hike in 2022 when compared to 2020 and 2021. The bar graph below illustrates a three-year salary trend from the data collated from IIM Indore placement report for the EPGP programme:

iim indore epgp salary
As per the official placement report, a total of 57 participants took part in the placements and four participants opted out. Furthermore, a total of 57 job roles were offered to the EPGP batch 2022 during placement in IIM Indore. The bar graph below illustrates IIM Indore EPGP placements trend for the past three years:
iim indore placment trend

 

A comparative analysis of IIM Indore placement trends observed in the past three years across various placement components are as follows (for E-PGP):

Particulars 

Statistics (2020) 

Statistics (2021) 

Statistics (2022) 

Highest package 

INR 80 LPA 

INR 32.76 LPA 

INR 70 LPA 

Average package 

INR 24.10 LPA 

INR 19.99 LPA 

INR 25.90 LPA 

Median package 

INR 18.98 LPA 

INR 19.75 LPA 

INR 23.60 LPA 

Students placed 

37 

61 

53

Total companies 

70+ 

100+ 

100+ 

Read more: IIM Indore EPGP Placements 2022

IIM Indore Placements 2022: Top Companies

More than 200 recruiters participated in the final placements drive 2022. The image below comprises top recruiting companies that participated during IIM Indore placement 2022:

Top companies at IIM Indore

Image source: IIM Indore Official Placement Report 2022

IIM Indore Summer Placements 2021-23 Batch

More than 150 companies visited the campus of IIM Indore during summer placements for the 2021-23 batch. The key highlights of IIM Indore summer placements for the 2021-23 batch are presented below:

Particulars

Statistics (2021-2023 Batch)

New recruiters

30+

Number of companies visited

150+

Highest stipend

INR 4 lakh per month

Average stipend

INR 2 lakh per month

Median stipend

INR 2 lakh per month

Top 100 stipend

INR 3.1 lakh per month

Top 200 stipend

INR 2.75 lakh per month

Highest recruiting sector

Sales and Marketing (26% of the total offers)

IIM Indore Summer Placements 2021-23: Domain-Wise Statistics

During IIM Indore summer placements 2023, Sales and Marketing turned out to be the highest recruiting sector with more than 25% of the total offers. Check out more details around IIM Indore domain-wise summer placements in the following chart:

iim indore summer placements 2023

A comparative analysis of the same with the last year’s domain-wise summer placements is showcased in the below table:

Domain

2020-2022

2021-2023 (LATEST)

Sales and Marketing

25%

26%

Consulting

24%

25%

Finance

21%

20%

Gen. Man. & Operations & Others

19%

19%

IT

11%

10%

IIM Indore Summer Placements 2021-23: Top Companies

Some of the prominent companies that participated in IIM Indore summer placements 2021-23 in the following image:

Image source: IIM Indore Official Summer Placements Report 2023 (EPGP & IPM)

Read more: IIM Indore Summer Placements Report: 2023 Batch

IIM Indore Alumni Placements

As per the external sources, a major portion of the Indian Institute of Management Indore alumni is placed in the Business Development sector (18%), followed by Operations (13%) and Sales (9%). The pie chart below illustrates a sector-wise bifurcation of IIM Indore alumni placements throughout the years:

iim indore alumni

Note: The category 'Others' includes HR, Research, Customer Success & Support and Media & Communication.

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Students' reviews on IIM Indore Compare IIM Indore with other institutes

IIM Indore Placement FAQs

Q. What is the highest package of IIM Indore?

A. The highest package of IIM Indore is INR 49 LPA (domestic) and INR 56.8 (International) in 2021.

Q. What is the average package of IIM Indore?

A. The average package in 2022 is 6% more than that of the year 2021 and stood at INR 25.9 LPA in 2021.

Q. Which are the top recruiting companies for IIM Indore placements?

A. The top recruiters of IIM Indore placements 2022 are Bain & Company, BCG, Deloitte, EY, PwC, Optum, etc.

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

A. Consulting sector recruited the highest number of IIM Indore students during placements 2022.

Q. How many recruiters participated in IIM Indore placements 2022?

A. More than 200 recruiters participated in IIM Indore placements in 2022 compared to more than 572 students who participated in placements 2022.

Q. What is the highest stipend offered at IIM Indore summer placements?

A. The highest stipend offered at IIM Indore summer placements 2021-23 stood at INR 4 lakh per month.

Q. What was the trend observed in the average stipend of IIM Indore summer placements?

A. A rise of 11% was observed in the average stipend during 2021-23 summer placements and it stood at INR 4 lakh per month.

Salary Data of AlumniPowered by Naukri Insights

Popular Courses
MBA/PGDM BBA
Current Salary (as of 2021-22) by batch
  • Current salary of recent graduates is generally lower than the current salary of students who graduated in previous batches.
  • Maximum salary refers to 80th Percentile; Median salary refers to 50th Percentile
  • The above graph is based on limited data sourced from Naukri.com

Employers & Industries of AlumniPowered by Naukri Insights

Programme
MBA/PGDM
Year of Graduation
Search from 9 year of graduations
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
2020 2019 2018 2017 2016 +4 Year of Graduations
Where they currently work
Their current Organizations
  • 4.39% | Indian Institute Of Management
  • 2.36% | Amazon
  • 1.69% | Cognizant Technologies Solutions
  • 1.69% | Pricewaterhouse Coopers
  • 1.35% | Delhivery
  • 1.01% | Reliance Industries
  • 1.01% | Puranik Builders
  • 1.01% | Nissan Motors
  • 1.01% | HSBC
  • 1.01% | Capgemini
  • 1.01% | ICICI Bank
  • 0.68% | Accenture
  • 0.68% | American Express
Their Industry
  • 20.27% | IT-Software/Software Services
  • 9.8% | Banking/Financial Services/Broking
  • 6.08% | Education/Teaching/Training
  • 4.39% | Auto/Auto Ancillary
  • 3.04% | Construction/Engineering/Cement/Metals
  • 1.69% | Retail
  • 1.35% | FMCG/Foods/Beverage
  • 1.35% | Pharma/Biotech/Clinical Research
  • 1.35% | Telcom/ISP
  • 1.35% | Courier/Transportation/Freight
  • 1.01% | Industrial Products/Heavy Machinery
  • 1.01% | Oil and Gas/Power/Infrastructure/Energy
  • 1.01% | Media/Dotcom/Entertainment
Their Organization type
  • 13.85% | Foreign MNC
  • 11.15% | Corporates
  • 4.05% | Indian MNC (Large Cap)
  • 1.69% | Unicorn
  • 1.35% | Indian MNC
  • 1.35% | Startup
  • 1.35% | Indian MNC (Small Cap)
  • 1.01% | Indian MNC (Mid Cap)
  • 0.34% | Govt/PSU
Where they got placed
Indian Institute Of Management | ICICI Bank | Pricewaterhouse Coopers | Amazon | Cognizant Technologies Solutions | Reliance Industries | Delhivery | Capgemini | HSBC | Nissan Motors | Bytedance (India) Technology | Bharat Heavy Electricals Limited(BHEL) | American Express | Accenture

Placement Reviews

Overall Placement Rating (Out of 5)

4.2

Based on 198 Verified Reviews

Distribution of Rating

The Verified badge indicates that the reviewer's details have been verified by Shiksha, and reviewers are bona fide students of this college. These reviews and ratings have been given by students. Shiksha does not endorse the same. Out of 207 published reviews, 198 reviews are verified.
Read reviews that mention
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S
Samikshya Senapati | Five Year Integrated Programme in Management (IPM) - Batch of 2024
Reviewed on 8 Aug 2020
Verified
4.8
Placements 5 Infrastructure 4 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 5
It has good infrastructure, facilities and good placements. I am satisfied with the faculty.

Placements: Our college successfully provides 100% placements. The highest domestic salary package offered is 50 LPA, and the lowest domestic salary package offered 5 LPA. The highest international salary package offered is 90 LPA. The average salary package offered is 23 LPA, Top recruiting companies like Google, Microsoft and IBM visit our campus for placements. Almost 100% of the students from our course got an internship in various companies and NGOs. Top roles, like finance analyst and marketing manage...

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H
Hitanshu Sahu | Five Year Integrated Programme in Management (IPM) - Batch of 2024
Reviewed on 6 Aug 2020
Verified
4.6
Placements 5 Infrastructure 5 Faculty & Course Curriculum 5 Crowd & Campus Life 4 Value for Money 4
Review of IIM Indore - Indian Institute of Management.

Placements: Our college provides 100% placements every year since the inception of the program. All good companies like Goldman Sachs, HUL, Tata, ABG, JP Morgan, and Google visit the campus to hire students. The roles offered were mostly finance and sales-marketing roles. However, some other roles, like operations and HR, were also offered.

Infrastructure: The hostel has a triple sharing room for the first 3 years and single rooms for the students of the last 2 years. The triple sharing room has attached washroom while sing...

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A
Abhijit Gope | Discontinued (Jun 2022)- Post Graduate Program in Management (PGPM) - Batch of 2021
Reviewed on 27 Jun 2021
Verified
4.8
Placements 5 Infrastructure 5 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 4
Review of IIM Indore - Indian Institute of Management.

Placements: The placement rate was 100% here. This year the entire placement session was conducted in online mode except for few companies which visited the campus. Many firms visited the campus for placements compared to last year. The highest domestic salary package offered was 44 LPA (including stock options). The average salary package can be found on the college website. Apart from all the conventional roles, this year, we saw more product management roles, which were also again one of the most offered...

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A
Arya Baranwal | Five Year Integrated Programme in Management (IPM) - Batch of 2023
Reviewed on 9 Feb 2019
Verified
4.8
Placements 5 Infrastructure 4 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 5
Review of IIM, Indore - Indian Institute of Management.

Placements: Placements in our college are great, with the average package for the combined PGP-IPM batch being around 18 LPA. Various companies, both national and international, visit the campus to offer placements. The roles offered are mostly senior-level managerial or consulting roles. Internships along with PPOs are also offered by the same companies. Nearly 250 companies visited the campus this year, and the placement number is expected to cross 300. Placements were 100% in both internships and final p...

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Lakey Lakhshya | Five Year Integrated Programme in Management (IPM) - Batch of 2022
Reviewed on 6 Aug 2020
Verified
4.4
Placements 4 Infrastructure 5 Faculty & Course Curriculum 5 Crowd & Campus Life 4 Value for Money 4
IPM in IIM Indore offers the best course which you haven't heard.

Placements: Almost 100% of the students from our course got placements. The highest salary package offered maybe around 40 LPA, and the lowest salary package offered was 8 LPA. Recruiting companies for our college ranges from Google to small startups. I will give 4 stars out of 5 stars because placements are affected due to COVID-19 pandemic.

Infrastructure: Hostels are nice here, but there are no air-conditioners. However, they allow coolers, and the speed of the Wi-Fi facility is very fast. The library is good, and the cl...

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P
Pallav Srivastava | Five Year Integrated Programme in Management (IPM) - Batch of 2023
Reviewed on 18 Jan 2019
Verified
4.6
Placements 4 Infrastructure 4 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 5
IPM is going to be the most popular course in India very soon.

Placements: Placements for the batch 2017-2019 are still going on, but we have the data about the batch 2016-2018. The average salary package offered last year was about 15 LPA for IPM students and 18 LPA for PGP students. However, IIM bill has been passed this year, and the placement stats are expected to improve a lot. We expect the salary packages offered to be around 20 LPA in the coming years and overtake the average salary package offered to PGP students. Companies such as IBM, Google, BCG, DBS, HSBC,...

Was this review helpful YesNo  (11 people found this helpful)
M
Mansi Srivastava | Five Year Integrated Programme in Management (IPM) - Batch of 2022
Reviewed on 15 Apr 2018
Verified
4.6
Placements 5 Infrastructure 4 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 4
A Complete Management Experience.

Placements: The graduating class of Integrated Programme In Management 2013-2018 witnessed a great placement season, with a large number of firms offering meaningful and well-paid roles. The entire graduating class was placed in the placement season, with the exception of the participants who opted to sit out. The highest annual salary offered was Rs 63.45 Lacs, by an international firm for a job abroad. Domestically, the highest annual package was Rs 33.04 Lacs. The average annual package was Rs 18.17 Lacs...

Was this review helpful YesNo  (41 people found this helpful)
Anonymous | Five Year Integrated Programme in Management (IPM) - Batch of 2023
Reviewed on 4 Feb 2019
Verified
4.8
Placements 5 Infrastructure 5 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 4
Review of IIM Indore - Indian Institute of Management.

Placements: According to the placement records and my seniors, the placements here are up to the standards of an IIM, that is nothing less than excellent. The average stipend offered during summer internships remained more than 1 lac last year, whereas the highest package offered was 63 lacs per annum and the average package being 16 lacs per annum in the final placements, last year.

Infrastructure: The infrastructure of our college is on the upper side, and it's because everything in the college is of good quality, right f...

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Comments

A

What percentile should I aim for in CAT to get a call from IIMs and IITs? My scores: 10th-79%, 12th-76% and UG-82%.

7217382
Vinay kr Pandey

Scholar-Level 16

4 weeks ago

To get admitted into any IIMss or any Top MBA colleges in India, the minimum CAT 2022 cutoff is expected to be 90 percentile. Those who secured the 99+ percentile can apply to top Iims like IIM Bangalore, IIM Ahmedabad, IIM Lucknow, IIM Calcutta, and IIM Kozhikode. Hope it helps.

7217382
ABHISHEK K

Scholar-Level 17

2 years ago

CAT score above 95 percentile. The best Iims, call students when they have their percentile above 90% or 95%. You have a good academic background so you just need to score your best in CAT rest there is a fair chance that you will get in.

s

Can I get a good job after completing PGDM from IIMs? What salary package can I expect?

6678351
Vinay kr Pandey

Scholar-Level 16

3 weeks ago

IIM Indore Placement Report 2021The highest domestic package offered was 50 LPA and average CTC of the batch was 22.92 LPA which is a 10.24% increase from the previous year's performance. The average CTC for the top 100 offers stood at Rs 32.9 LPA and the median salary for the outgoing batch step...IIM Indore Placement Report 2021
The highest domestic package offered was 50 LPA and average CTC of the batch was 22.92 LPA which is a 10.24% increase from the previous year's performance. The average CTC for the top 100 offers stood at Rs 32.9 LPA and the median salary for the outgoing batch stepped upto Rs 22 LPA.

6678351
Vivek Kumar

Guide-Level 13

2 years ago

It depends on your skill set and personality, from IIM you will definitely get a job don't worry about it.

K

Which is a better institute to pursue PG, IIM-Ahmedabad or IIM-Indore?

7048926
Vinay kr Pandey

Scholar-Level 16

3 weeks ago

Most of the companies visit both but placement number is good at IIM A. Comparing can be done on the basis of networking that is alumni the number of alumni is higher in IIM A. Higher rank higher network and higher placement record is in favour of IIM A. clearly IIM Ahmedabad wins.

7048926
Yash Singhal

Scholar-Level 17

2 years ago

Though all these universities are good, but if you are looking for quality education and good placements along with learned faculty work hard on you to get you placed in the best of the companies, then IIM-A is the place for you to go for. IIM-A has made a good name for itself in a short span of ...Though all these universities are good, but if you are looking for quality education and good placements along with learned faculty work hard on you to get you placed in the best of the companies, then IIM-A is the place for you to go for. IIM-A has made a good name for itself in a short span of time by working hard for it students in terms of education, faculty, placements, infrastructure, etc. It works for the overall development of its students. Its main aim is to provide students with ample exposure both in the form of theoretical and practical knowledge for which there is much emphasis on workshops, live projects etc. Along with class room teaching. The university has made quality education possible for all by providing good scholarships under different categories. For more information, visit the campus or check their website.

Y

Is the IPMAT exam is only for IIM Indore or it includes IPM of IIM Ranchi too?

S

Shivang agarwal

Contributor-Level 9

3 weeks ago

https://www.shiksha.com/bba/ipmat-exam
You will find all the true and authentic information about your college here.

s

How much do I have to score in CAT to get a call form IIM-Indore? I got 61% in 10th. I belong to SC category.

3883501
Vinay kr Pandey

Scholar-Level 16

4 weeks ago

The minimum requirement to qualify for shortlisting process for PI round is CAT 2021 sectional score of 80 percentile and 90 overall percentile. IIM Indore is the only among the 20 IIMs which awards such a high weightage to academics in shortlisting criteria.

3883501
Pratik Mohanty

Contributor-Level 10

5 years ago

try to score 70-80%tile.cutt off is changing evry year...

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