IIM Indore Placements 2023: Highest CTC INR 1.14 CPA, Average CTC INR 30.21 LPA
IIM Indore concluded placements for PGP batch 2021-23 recently with an average CTC of INR 30.21 lakh per annum and highest CTC of whopping INR 1.14 CPA. Check here detailed report on IIM Indore final placements 2023.
- IIM Indore Placements 2023: Highlights
- IIM Indore Placements 2023: Domain Wise Split
- IIM Indore Placements: 2023 vs 2022 vs 2021
IIM Indore Placements 2023: Highlights
This year, 80 new recruiters participated in the IIM Indore final placement process 2023. Check below some key highlights of campus placement that was hels earlier this year.
| Features |
Details |
|---|---|
| Highest domestic CTC offered |
INR 1.14 CPA |
| Average CTC offered |
INR 30.21 LPA |
| Median CTC offered |
INR 27.20 LPA |
| Number of recruiters |
160 |
| New recruiters |
80 |
| Number of students |
568 |
| Maximum offers |
Consulting (29%) |
Speaking on IIM Indore final placements 2023 Director Prof. Himanshu Rai said, “We at IIM Indore have always been steadfast in strengthening our industry engagement by providing world-class management education and delivering sustainable value to our stakeholders. This is evidenced by the stellar placements secured by our students in the face of challenging times. This unwavering trust demonstrated by our recruiters has bolstered our confidence in our ability to meet the demanding and ever-evolving requirements of the future we are heading towards. We look forward to deepening our industrial relations by creating socially-conscious leaders imbued with the ability to empower and inspire others.”
Also Read: IIM Placements - Institute wise average, highest CTC, top recruiters and job roles
IIM Indore Placements 2023: Domain Wise Split
IIM Indore Placements: 2023 vs 2022 vs 2021
IIM Indore has witnessed rise average and highest CTC in the last three years. Check the table below for comparison.
Commonly asked questions
IIM Indore had concluded placements for the batch passing out in 2023. The placement statistics for IIM Indore IPM are the same as that of the IIM Indore PGP programme since in last two years of the five-year course, IPM students pursue PGP. The placement statistics from the 2020 report are as follows:
Particulars | IPM Statistics (2023) |
|---|---|
Batch strength | 568 |
Total recruiters | 160 |
the highest package | INR 114 LPA |
Average package | INR 30.21 LPA |
Median package | INR 27.20 LPA |
The IIM Indore highest package offered during the 2025 placement session was INR 70 LPA. Check the table below for course-wise highest placement details between 2024 and 2025 drives:
Course | Highest Package (2024) | Highest Package (2025) |
|---|---|---|
PGP and IPM | INR 100 LPA | INR 70 LPA |
PGP-HRM | INR 33.6 LPA | INR 40 LPA |
EPGP | INR 47 LPA | INR 36 LPA |
At the end of fourth year, IPM students can appear for summer placements. IPM students are required to complete a social internship at the end of second year, and a business internship between 4 and 5. IIM Indore saw a significant increase in the number of recruiters and the stipend offered by them everywhere.
| CTC |
2023 |
2022 |
2021 |
|---|---|---|---|
| Highest International CTC |
-- |
-- |
INR 56.80 LPA |
| Highest Domestic CTC |
INR 1.14 CPA |
INR 49.00 LPA |
INR 41.50 LPA |
| Average CTC |
INR 30.21 LPA |
INR 25.01 LPA |
INR 23.60 LPA |
Read More:
Commonly asked questions
Yes, PGP IPM is one of the most popular courses of IIM Indore in terms of placements. The institute has achieved 100% placements for its PGP and IPM batch 2025. The key highlights of IIM Indore placements for the PGP and IPM Class of 2025 are tabulated below:
Particulars | Placement Statistics (2025) |
|---|---|
Highest package | INR 70 LPA |
Average package | INR 29.57 LPA |
Median package | INR 27 LPA |
Total recruiters | 225+ |
Placement rate | 100% |
The table below showcases course-wise the highest and average package offered in 2023 placements:
Parameter | Placement Statistics (2023) |
|---|---|
Highest package (PGP-HRM) | INR 34.50 LPA |
Average package (PGP-HRM) | INR 22.65 LPA |
Median package (PGP-HRM) | INR 22.20 LPA |
Batch strength | 38 |
Total recruiters | 20 |

Vipra Shrivastava is MA in English Literature from Delhi University with extensive experience in content writing of over 14 years. She has been handling content for Management, Accounting and Commerce streams for 8
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