IIM Indore Placements 2023: Highest & Average Salary Package, Top Companies

Mahima Jain

IIM Indore placements 2023 are concluded and the reports for PGP, HRM, and IPM courses are published. Around 90% of the students were placed in the PGP program in the Indian Institute of Management Indore placements 2023. The IIM Indore highest package stood at INR 1.14 CPA in 2023 with an increase of 132.6% as compared to last year.

According to the IIM Indore placement report, the highest stipend awarded was INR 6 Lakh per month, which was 50% more than last year. A total of 160 companies participated in the IIM Indore recruitment drive 2023, and 80 new alliances were made with the top companies. 

Every year hundreds of companies visit the IIM Indore campus, including industry giants, mid-scale industries, and startups. BCG, Barclays, Adani, Reliance, ITC, OLA, TATA, and HSBC are some of the IIM Indore top recruiters. The well-organized IIM placement cell is responsible for the training and placement-related activities.  

Table of Contents

• Placement Highlights
• Recruiting Domains
• Top Recruiters
• Placement Statistics
• Placement Cell
• Internship

IIM Indore Placement Highlights 2023

IIM Indore saw 160 domestic and international recruiting companies offering roles to students. The IIMI placements team also allows students to appear for interdisciplinary job offers. Below are some of the highlights for the IIM Indore placements 2023 batch.

IIM Indore Recruiting Domains

During the IIM Indore placements 2023, a variety of job roles are provided to students. Below mentioned is a list of domain-wise highlights.

Following is the graph that represents the Indian Institute of Management Indore placements 2023 domain-wise.

IIM Indore Top Recruiters

According to the IIMI placements report 2023, a total of 160 recruiters visited the campus for recruitment. The companies recruited in various streams, including IT, Sales, Marketing, Finance, and Consulting. Some of the IIM Indore top recruiters that visited for the placement drive are mentioned below.

IIM Indore Placement Statistics

IIM Indore placements 2023 have been growing exponentially over the years. According to the IIM Indore placement report 2023, the average salary for the PGP course among the top 100 (domestic) was INR 52.06 LPA and increased by 37.2%, and the average salary amongst the top 200 was INR 40.55 LPA and increased by 20.8%, in comparison, to 2022.

The course-wise Indian Institute of Management Indore placements statistics over the years is given below.

IIM Indore Salary Trend 

IIM Indore average package and highest package have seen a whopping rise as per the placement report. The IIM Indore salary trend of the highest and average package during the last five years (2019 to 2023) is shown in the table below. 

The graph below shows the IIM Indore highest package and average package during the last five years (2019 to 2023).

IIM Indore HRM Salary Trend

A total of 38 students of the PGP HRM course were placed in reputed companies during the IIMI placements 2023. The maximum placements were made in the BSFI domain by companies like Hero Fincorp, ICICI Bank and Kotak Mahindra Bank, followed by the Consulting and Manufacturing domain. 

Given below is the graph showing the Indian Institute of Management Indore placement data (2022-2023).

IIM Indore Program-Wise Salary Trend

The table below shows the IIM Indore salary trend 2023 course-wise. For the EPGP course, IIM Indore highest package offered was INR 43 LPA, the average package offered was INR 27.8 LPA, and the median package offered was INR 30 LPA.

IIM Indore Median Packages Offered

IIM Indore saw the highest median package in the year 2023 for PGP and IPM students. The IIM Indore MBA placements package stood at INR 27.20 LPA.

The graph below shows the salary trend of median packages during the 2019 to 2023 IIMI placements.

IIM Indore Sector-Wise Placement Statistics

According to the IIM Indore placements report, around 35% of students are placed in the IT/ Operations sector while only 2% were placed in Sales and Marketing. The below graph shows the sector-whose IIM Indore MBA placements trends.

IIM Indore EPGP Placement Statistics

According to IIM Indore placement statistics, 48 out of 57 EPGP students were offered placements for the different job roles tabulated below. The placement drive saw the participation of 68+ companies that offered over 160 roles across various fields. 

IIM Indore EPGP Salary Trend

A 5% year-on-year increase was observed in the IIM Indore EPGP average package. The IIM Indore salary trend for the EPGP course over the last five years (2019-2023) is tabulated below.

Below is the graphical representation of the highest and average packages offered during the IIM Indore recruitment drive.

IIM Indore EPGP Median Packages Offered

A 27% year-on-year increase was observed in the median package as per the IIM Indore placement report. The following table shows the trends in the median package offered during the Indian Institute of Management Indore placements drive.

Below is the graph that shows the median packages offered during IIM Indore placements drive from 2019-2023.

IIM Indore Other Top Recruiters

IIM Indore placements drive 2023 witness over 160 recruiters that offer multiple recruitment opportunities to the students. The IIM Indore top recruiters domain-wise is given below.

Consulting

Finance

General Management/HR/Operations

IT/Analytics

Sales and Marketing

IIM Indore Placement Cell

The IIM Indore placement cell takes care of all the placement-related activities. It organises various events for the students to enhance corporate readiness and provide avenues for corporate engagement. Some of these activities include leadership lecture series, workshops, live learning, and live projects program.

The activities allow the overall development of budding management professionals. Additionally, the IIM Indore placement cell conducts summer internships and final recruitments. 

IIM Indore Internship

The summer internship procedure of the IIM Indore placements 2023 has been concluded successfully. 100% of students were placed from the 2022-24 batch, and over 140+ recruiters participated.

According to the Indian Institute of Management Indore internship data, there was a 50% increase in the highest stipend, a 37% increase in the average stipend, and a 35% increase in the median stipend. Below are the highlights of the internship details during the IIM Indore placements.

The graph below shows the IIM Indore internship highlights for the year 2022-2024.

IIM Indore Domain-Wise Internship

As per the IIMI placements report for the batch 2022-24, Sales & Marketing and Consulting firms dominated the internship placements. According to the IIM Indore placement report students were placed in BFSI, Conglomerate, Construction & Real Estate, Consulting, Consumer Goods, E-commerce, Healthcare, Logistics & Manufacturing, Technology, Media & Telecommunications, Utilities & Renewables.

The domain-wise IIM Indore placements for summer internship are given below.