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Home > News & Articles > IIM Indore Placements 2024: Highest Package, Average Package and Top Recruiters
Updated on 19th February, 2024 , 3 min read
IIM Indore Placements 2024 are completed. According to the most recent data, IIM Indore Placements 2024 saw the highest and average packages awarded to PGP and IPM students, respectively, at INR 100 LPA and INR 25.68 LPA. Additionally, more than 150 recruiters came to college, placing 594 students from the 2024 class. In 2024, Accenture Strategy, Boston Consulting Group, Deloitte India, EY, Infosys Consulting, KPMG, and others were among the top recruiters at IIM Indore. Find out more about IIM Indore, IIM Indore Placements, IIM Indore Fees, IIM Indore Cutoff and IIM Indore Admissions.
Prior to this, PGP and IPM students were offered the highest and average package at IIM Indore placements 2023, which were INR 114 LPA and INR 30.21 LPA, respectively. Additionally, PGP HRM batch 2023 received packages ranging from INR 34.50 LPA to INR 22.65 LPA on average. In addition, during IIM Indore placements 2023, more than 160 recruiters visited the campus and hired PGP IPM batch 2023 candidates. IIM Indore's top employers in 2023 were IBM, Deloitte, Capgemini, Infosys, KPMG, and EY.
Quick Pointers:
It is one of the elite management schools among the group of 20 Indian Institutes of Management which is located in the city of Indore, Madhya Pradesh. IIM Indore is the sixth autonomous B-School in the league after IIM Kozhikode. The institute was established in the year 1996 and it is spread over 193 acres of land. NIRF 2023 has ranked IIM Indore eighth. The EPGP program at IIM Indore has been ranked 89th among the Top 100 Global MBA courses by FT Ranking 2023. IIM Indore provides PGP, Executive PGP, Five Year Integrated Program in Management, PGP-HRM, Doctoral Program in Management(DPM), and Executive DPM. The MBA tuition at IIM Indore is INR 20.10 Lakhs.
Quick Read:
The following table lists the salient features of IIM Indore's 2024 class placements:
Particulars | Statistics |
| Highest Package | INR 100 LPA |
| Average Package | INR 25.68 LPA |
| Median Package | INR 24.50 LPA |
| Total Recruiters | 50+ |
| Total Recruiters | 594 |
According to the most recent report, more than 160 recruiters took part in the placement process and employed PGP and IPM batch 2023 students in a variety of industries with modern job roles. During IIM Indore placements in 2023, the highest and average packages offered to PGP and IPM students were INR 114 LPA and INR 30.21 LPA, respectively. The following table lists the salient features of IIM Indore's 2022 and 2023 class placements:
Particulars | Placement Statistics (2022) | Placement Statistics (2023) |
| Batch strength | PGP and IPM: 572 EPGP: 57 | PGP and IPM: 568 PGP-HRM: 38 EPGP: 57 |
| Total recruiters | PGP and IPM: 200+ PGP-HRM: 20 EPGP: 68 | PGP and IPM: 160 PGP-HRM: 20 EPGP: 68 |
| Highest package | PGP and IPM: INR 49 LPA PGP-HRM: INR 36 LPA EPGP: INR 70 LPA | PGP and IPM: INR 114 LPA PGP-HRM: INR 34.50 LPA EPGP: INR 43.90 LPA |
| Average package | PGP and IPM: INR 25.01 LPA PGP-HRM: INR 20.30 LPA EPGP: INR 25.90 LPA | PGP and IPM: INR 30.21 LPA PGP-HRM: INR 22.65 LPA EPGP: INR 27.80 LPA |
| Median package | PGP and IPM: INR 24.09 LPA PGP-HRM: INR 19.60 LPA EPGP: INR 23.60 LPA | PGP and IPM: INR 27.20 LPA PGP-HRM: INR 22.2 LPA EPGP: INR 30 LPA |
PGP HRM batch 2023 received an average package from IIM Indore worth INR 22.65 LPA. Additionally, IIM Indore offered PGP and IPM batch 2023 an average of INR 30.21 LPA. The following table shows the average course-wise IIM Indore offered during the 2023 placement drive:
Course | Placement Statistics (2023) |
| PGP and IPM | INR 30.21 LPA |
| PGP-HRM | INR 22.65 LPA |
| EPGP | INR 27.80 LPA |
When it comes to trends, the IIM Indore average package showed an upward tendency from 2021 to 2023. The average package that IIM Indore has provided to EPGP, IPM, and HRM students over the past three years is displayed in the table below:
Course | Average Package 2021 | Average Package 2022 | Average Package 2023 |
PGP IPM | INR 23.60 LPA | INR 25.01 LPA | INR 30.21 LPA |
PGP HRM | - | INR 20.30 LPA | INR 22.65 LPA |
E PGP | INR 19.99 LPA | INR 25.90 LPA | INR 27.80 LPA |
The section wise placements of IIM Indore in mentioned in the table below:
Particulars | Details |
Consulting | 25% |
Finance | 19% |
Sales and Marketing | 19% |
IT/ Analytics | 12% |
General Management/ HR/ Operations | 25% |
According to data gathered by the highest package at IIM Indore was noted at INR 1.14 CPA. During the placement drive, 160 top recruiters and more than 80 new recruiters participated. The sector-by-sector analysis for IIM Indore Placements 2023 is displayed in the table below:
Industrial Sectors | Annual CTC Range |
Consulting | 17-45 |
Finance | 14-35 |
General management/HR / Operations | 12-1.25 Cr |
IT/ Analytics | 20-33 |
Sales and Marketing | 16-64 |
The following list presents the IIM Indore placements data for 2023 in comparison to other IIMs:
IIM | Highest Package | Average Package |
IIM Indore | INR 114 LPA | INR 30.21 LPA |
IIM Bangalore | - | INR 35.31 LPA |
IIM Calcutta | INR 1.15 CPA | INR 35.07 LPA |
IIM Lucknow | INR 66 LPA | INR 30.44 LPA |
The following list are the well-known recruiters who attended the IIM Indore placements 2023:
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By - Nikita Parmar 2023-08-25 09:48:44 , 11 min readIIM Indore is happy to announce the successful completion of Final Placements for the 2022-2024 batch, resulting in a 100% placement record.
The Indian Institute of Management, Indore (IIMI) has a 100% placement rate in the recruitment drive for 2022-24 batch, with 594 students receiving job offers, including one with a ₹ 1 crore bonus.
The IIM's in the order of ABC i.e Ahmedabad, Bangalore and Calcutta are the ones providing the best Placements.
IIM Indore Noteworthy Recruiters include VOIS, Amazon, American Express, Axtria, Capgemini Chrysalis, CarDekho, Carwale, Cognizant, Dolcera, Equitas Small Finance Bank, Exide Industries, EXL Analytics, GE, LatentView Analytics, and others.
The Indian Institute of Management Bangalore (IIMB) has achieved 100% placements in many sectors, such as finance, consulting, sales, marketing, analytics, and operations.
However, placements at IIMs frequently include overseas hires. So, while foreign recruitment is not entirely out of the question, the opportunities are limited. International MBAs tend to obtain a larger share of international placements due to simplified work permission processes.
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