IIM Indore Summer Placement 2020-22: Average Stipend Increases by 7%

Sreetama Datta
Sreetama Datta Roy
Manager Content
2 mins readUpdated on Feb 2, 2021 19:27 IST
IIM Indore Summer Placement process for the batch of 2022 has been completed with the participation of over 190 companies. The average stipend has also seen an increase. Read the detailed report here.

IIM Indore Summer Placement process for the batch of 2022 has been completed with the participation of over 190 companies. The average stipend has also seen an increase. Read the detailed report here.

IIM Indore Summer Placement 2022 Report

IIM Indore Summer Placement 2022 Report

IIM Indore has completed the Summer Placement process for the PGP batch of 2022 with 100 per cent recruitment. Over 190 companies participated in the process out of which 70 were first-time recruiters. The average stipend offered was Rs 1.8 lakh for two months, which is seven per cent higher than that of last year. Last year’s average salary was Rs 1.68 lakh. On the other hand, the highest stipend has seen a drop by 20 per cent, from Rs 4 lakh to Rs 3.2 lakh. The strength of this batch is 575, which is the highest across IIMs.

According to IIM Indore, Sales & Marketing and Consulting domains were the highest recruiters. Let us check the highlights of the IIM Indore Summer Placement in the table below.

Table of contents
  • IIM Indore Summer Placement Highlights
  • Top Recruiters
  • Domain-Wise Recruitment Trend
  • Sector-Wise Recruitment Trend

IIM Indore Summer Placement Highlights

Check the IIM Indore Summer Placement 2020-22 batch statistics in the table below.

Parameters

Details

Number of Participating Students

575

Number of Participating Companies

190+

Number of First Time Recruiter

70

Highest Stipend

Rs 3.2 lakh

Average Stipend

Rs 1.8 lakh

Median Stipend

Rs 1.83 lakh

Stipend for Top 100 offer

Rs 2.95 lakh

Top Recruiters

 

Some of the top recruiters across sectors and domains are 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, to name a few.

First Time Recruiters

Some of the top recruiters which participated in the IIM Indore Summer Placement process for the first time were Amazon Web Services, Cloudtail, GlaxoSmithKline Consumer Healthcare, Lubrizol, Marsh, Rohatyn Group, Tata Consumer Products, and Veritas among others.

Now let us take a look at the sector and domain-wise placement data at the IIM Indore Summer Placement process for 2022 batch.

Domain-Wise Recruitment Trend

Sector-Wise Recruitment Trend

Now let us take a look at the top recruiters across sectors and domains which have witnessed the highest number of offers.

Sales & Marketing

The Sales & Marketing sector saw 25 per cent of the total offers from companies like Asian Paints, Dabur, Hindustan Unilever, ITC, L'Oreal, Marico, Piramal and Puma.

Consulting

The Consulting domain extended 24 per cent offers. The top recruiters were Boston Consulting Group, Bain & Co, Deloitte India, Deloitte USI, Everest Group, GEP Consulting, McKinsey & Co, PricewaterhouseCoopers SDC and Optum, among others.

Finance

There was 41 per cent offers made from the Finance sector. The notable companies which extended offers were Barclays, Credit Suisse, D E Shaw, Deutsche Bank, Goldman Sachs, HSBC Bank, JP Morgan Chase & Co, StateStreet etc.

IT & E-Commerce

The IT & E-Commerce companies that participated in the IIM Indore Summer Placement process were American Express, Baker Hughes, Capgemini, Google, General Electric, Microsoft, Walmart Labs, to name a few.

Other top recruiters which recruited for conglomerates and leadership roles were ACT Fibernet, Amazon, Cipla, JSW Group, Mahindra & Mahindra, Larsen & Toubro, and Tata Steel.

Read More:

IIM Indore Placements

IIM Indore Admission

IIM Indore Courses & Fees

Videos you may like
About the Author
author-image
Sreetama Datta Roy
Manager Content
Sreetama Datta Roy is a journalist working in the Education beat, with over 15 years of work experience. A postgraduate in English Journalism from the Indian Institute of Mass Communication, New Delhi. At Shiksha, s
Read Full Bio
Get Admission and Placement Updates about IIM Indore

News & Updates

Latest NewsPopular News
qna

Student Forum

chatAnything you would want to ask experts?
Write here...

Answered 3 weeks ago

IIM Indore CAT cutoff 2025 was released only to the candidates who attempted the CAT entrance examination.

According to the estimated cutoff percentile based on the previous years' cutoff trend, the General AI category students would need to secure 97 percentile both overall and sectional to qualify

...Read more

N

Neerja Rohatgi

Contributor-Level 10

Answered a month ago

The average stipend received by the PGP Batch 2024-26 was INR 2.53 lakh. Tabaulted below are the course-wise stipends offered during IIM Indore Summer placements for batch 2024-26:

ParticularsPGP and IPM Batch 2026PGPHRM Batch 2026
the highest Stipend5 Lakhs4 Lakhs
Average Stipend2.53 Lakhs2.44 Lakhs
Median StipendNA2.40 Lakhs
Avg. of Top 10%NA4 Lakhs
Avg. of Top 25%NA3.4 Lakhs
Avg. of Top 50%NA2.9 Lakhs

39519231
Shoaib Mehdi

Contributor-Level 10

Answered a month ago

The summer placements at IIM Indore are good. More than 215 recruiters offered internships to PGP and IPM students. Check out the course-wise stipends offered during IIM Indore Summer placements for batch 2024-26:

ParticularsPGP and IPM Batch 2026PGPHRM Batch 2026
the highest Stipend5 Lakhs4 Lakhs
Average Stipend2.53 Lakhs2.44 Lakhs
Median StipendNA2.40 Lakhs
Avg. of Top 10%NA4 Lakhs
Avg. of Top 25%NA3.4 Lakhs
Avg. of Top 50%NA2.9 Lakhs

39519231
Shoaib Mehdi

Contributor-Level 10

Answered 2 months ago

IPMAT is conducted for admission to IIM Indore's integrated programme in management programme (IPM). It is five year programme for management admissions. 

S

Shruti Tyagi

Contributor-Level 6

Answered 2 months ago

No, IIM Indore IPM admission is not possible without appearing for IPMAT. It is an aptitude test conducted by Indian Institute of Management, Indore. Score obtained in aptitude test is given a weightage of 65% in Composite Score which serves as basis of final selection.

M

Mani Malhotra

Contributor-Level 6

Answered 2 months ago

Always go for B.Tech at NITs as it is more conventional and has better job opportunities and scope in comparison to that of dual degree from IIMs as they don't have that big alumni network and also these things are being introduced. so these days any time go for B.Tech from NiTs over any IIM dual de

...Read more

H

Hritik Srivastava

Beginner-Level 1

Answered 7 months ago

To prepare for GD and PI for IIM Indore and IIM Kozhikode, students must practice with mock interviews. Read the most asked questions and also study the course material very well. Students can visit the official website and search for the trends to find the interview dates and other interview patter

...Read more

J

Jagriti Pruthi

Contributor-Level 10

Answered 7 months ago

Yes, even if the students are from the commerce stream without maths, they can still prepare for the IPMAT exam without coaching. The formal coaching has its own perks, but students can also fetch good marks with IPMAT self-preparation. IPMAT exam preparation without coaching may require the student

...Read more

R

Rashmi Chatterjee

Contributor-Level 6