IIM Indore MBA Final Placements 2023: Highest domestic package stood at INR 1.14 crore

A diverse blend of firms extended offers across various domains, such as Consulting, Finance, General Management, HR and Operations, IT, Analytics and Product Management, and Sales & Marketing.

IIM Indore Final Placements 2023: Indian Institute of Management (IIM) Indore has concluded its Final Placements for the outgoing MBA batch 2021-23. IIM Indore final placements 2023 recorded 100% recruitment.  According to the official statement, the placement drive witnessed an overwhelming success, with over 160 recruiters making offers to 568 students from the two-year Post Graduate Programme (PGP) and Integrated Programme in Management (IPM).

The average compensation offered this year stood at INR 30.21 LPA, increasing by 20.8% year-on-year. The median compensation, standing at INR 27.20 LPA, rose 12.9% as compared to the previous year. The highest domestic package offered was INR 1.14 crores per annum, witnessing an exponential rise of 132.6% from the previous year.

A diverse blend of firms extended offers across various domains, such as Consulting, Finance, General Management, HR and Operations, IT, Analytics and Product Management, and Sales & Marketing.

This year, the institute forged ties with 80 new recruiters, including Aarti Industries, Adani Group, African Industries Group, Alkem Laboratories, AM/NS, Ambit Capital, Bira 91, BlackRock, CavinKare, CITI Bank, DCM Shriram, Delhivery, DISYS, Dolcera, Edelweiss Alternative Asset Advisors, Exide Industries, EXL Analytics, EY Parthenon, Genpact, Haleon, HCL Tech, Houlihan Lokey, ICRA, IIFL Wealth & Asset Management, Indegene, IndigoEdge, Kearney, LatentView Analytics, Mphasis, Nation With NaMo, Newzera Tech, o3 Capital, Ola, Piramal Alternatives, Publicis Sapient, Reckitt, ReNew Power, Samagra, Samsung, Societe Generale, Stakeboat Capital, Standard Chartered, Syngene International, TAFE, TATA AIA, TATA Communications, TATA Motors, Tolaram, Trident Group,  TVS Capital Funds, Willis Towers Watson, and WNS.

Consulting, Banking, Financial Services and Insurance (BFSI), and Technology, Media & Telecommunications (TMT) sectors saw the highest participation, accounting for over three-fourths of the total offers. IIM Indore also had the privilege to host prestigious firms across other prominent sectors such as Conglomerate, Construction & Real Estate, Consumer Goods, E-commerce, Healthcare, Logistics & Manufacturing, and Utilities & Renewables.

In light of this occasion, Professor Himanshu Rai, Director, IIM Indore, congratulated the participants for securing excellent placements and extended his best wishes for their future prospects. He remarked, “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.”

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