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
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.
Q: What is the placement package for IIM Indore BBA?
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 |
Q: What is the average package for IIM Indore MBA?
IIM Indore has released the placement report for PGP HRM and EPGP for the year 2023. The the highest and average package offered to PGP HRM programme during IIM Indore placements 2023 stood at INR 34.50 LPA and INR 22.65 LPA, respectively. Apart from this, IIM Indore has released a consolidated placement report of PGP and IPM programme for the year 2023. According to the placement report 2023, the the highest, average and median package offered was INR 114 LPA, INR 30.21 LPA and INR 27.20 LPA during IIM Indore placements 2023, respectively.
Q: What is the highest package offered at IIM Indore?
As per the latest report, the highest package offered during IIM Indore placements 2024 stood at INR 100 LPA. This package was offered to the students of PGP and IPM batch 2024. In 2023, the IIM Indore highest package offered to the PGP and IPM batch 2023 stood at INR 114 LPA. Further, the IIM Indore highest package offered to the PGP-HRM and EPGP batch 2023 was INR 34.50 LPA and INR 43.90 LPA, respectively. The course-wise IIM Indore highest package offered between 2022 and 2024 are tabulated below:
Course | Highest Package (2022) | Highest Package (2023) | Highest Package (2024) |
|---|---|---|---|
PGP and IPM | INR 49 LPA | INR 114 LPA | INR 100 LPA |
PGP-HRM | INR 36 LPA | INR 34.50 LPA | INR 33.6 LPA |
EPGP | INR 70 LPA | INR 43.90 LPA | NA |
| 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:
Q: Does IIM Indore BBA curriculum includes internship?
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.
Q: Is IPM program offered by IIM Indore a good choice in terms of career and placements?
Yes, IIM Indore has recorded 100% placements for its PGP and IPM batches passing out in 2024. As per the latest report, the highest and average package offered to PGP and IPM students during IIM Indore placements 2024 stood at INR 100 LPA and INR 25.68 LPA, respectively. Further, over 150 recruiters visited the campus and placed 594 students of the batch 2024. The key highlights of IIM Indore placements 2024 for the PGP and IPM Class of 2024 are tabulated below:
Particulars | Placement Statistics (2024) |
|---|---|
Highest package | INR 100 LPA |
Average package | INR 25.68 LPA |
Median package | INR 24.50 LPA |
Total recruiters | 150+ |
Total students placed | 594 |
Q: What is the stipend for IIM Indore FPM?
Currently, the FPM students at IIM Indore are provided the fellowship grant/ stipend of INR 30,000 per month during their course work (Term-I, II III, IV and V) and INR 35,000 per month after clearing the area comprehensive examination as per norms. The maximum duration for which they can get stipend would be 57 months (4 years and 9 months).
A contingency grant of INR 25,000 per annum for four years is also provided to FPM students for supporting the research efforts and is subject to the norms of the programme.
Q: How are MBA placements at IIM Indore?
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 |
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