IIM Indore Summer Placements 2021: Students get INR 4 lakh stipend for 2-month internship

IIM Indore Placements 2021 was graced by the presence of more than 150 recruiters including 30+ new recruiters. 

IIM Indore Summer Placements 2021: Amidst the ongoing pandemic situation resulting in an economic slowdown, the Indian Institute of Management (IIM) Indore concluded its Summer Placements process with a 100% recruitment record. The record-creaking placements added another feather in the cap to the glorious 25 years which the b-school completed on October 03, 2021. IIM Indore Summer Placements 2021 witnessed the participation of 573 candidates from the two-year flagship Post Graduate Programme (PGP) and 5-year Integrated Programme in Management (IPM).

Highlights of the Summer Placement Season for 2021-23 Batch:

• Number of recruiters: 150+
• Number of new recruiters: 30+

Stipend details for two months:

• Average stipend with 11% increase: INR 2.0 Lakh
• Top 100 stipend with 5% increase: INR 3.10 Lakh
• Top 200 stipend with 5% increase: INR 2.75 Lakh
• Median stipend with 9% increase: INR 2.0 Lakh
• Highest stipend: INR 4.0 Lakh

COVID-19 pandemic showed tough times ahead. However, the constant endeavour of the institution to maintain and strengthen industrial relations with existing and first-time recruiters has surfaced through the plethora of companies that participated in the summer placement process.

IIM Indore was graced by the presence of traditional recruiters such as Amazon, American Express, Asian Paints, Axis Bank, Bain & Co, Bajaj Auto, Baker Hughes, Barclays, Boston Consulting Group, Bridgestone, Capgemini, Cipla, Credit Suisse, Cummins, Dabur, DE Shaw, Deloitte India, Deloitte USI, Deutsche Bank, Diageo, Dr.Reddy’s Lab, Everest Group, General Electric, GEP, GlaxoSmithKline Pharma, Goldman Sachs, Google, Hindustan Unilever, ICICI, ITC, JPMC, Kotak Mahindra Bank, KPMG, Larsen & Toubro, Marico, Marsh, McKinsey & Co, Media.net, Microsoft, MX Player, Optum, Philips, Piramal, PwC India, PwC US, Reliance, TATA Steel, TCS, The Rohatyn Group, Vodafone Intelligent Solutions, Walmart, Wipro among others.

The placements season also welcomed more than 30 new recruiters including AB InBev, Accenture Strategy, Atomberg, Coca-Cola, Dr. Reddy’s Laboratories, Eversana, Flipkart, Hindustan Times, Johnson & Johnson, Media.net, OfBusiness, PepsiCo, Phable Care, Procter & Gamble, Salesforce, Tresvista, Xiaomi.

Continued faith in the Institute’s vision, engagement with the industry and its educational pedagogy resonated well with the recruiters.

In Consulting domain, elite recruiters included Accenture Strategy, Bain & Co, Boston Consulting Group, Deloitte India, Deloitte USI, Everest Group, Eversana, EY, GEP Consulting, KPMG, McKinsey & Co, Optum (UHG), PwC India, PwC US, Redseer Consulting which recruited 25% of the batch.

Sales & Marketing domain saw a boom in the FMCG recruiters. It witnessed an overwhelming number of new and existing companies including AB InBev, Asian Paints, Atomberg Technologies, Coca-Cola, Dabur, Dr. Reddy's Lab, Everest Industries, GSK Pharma, HUL, ITC, Johnson & Johnson, Larsen & Toubro, Marico, PepsiCo, Phable Care, Piramal, Procter & Gamble, Samsung, Xiaomi.

Recruiters for their coveted Finance roles included Barclays, Credit Suisse, DE Shaw, Deutsche Bank, Goldman Sachs, HSBC Bank, JP Morgan Chase & Co, Medtronics, SBI Capital, The Rohatyn Group, TresVista.

Companies offering IT & Data Analytics roles included American Express, Baker Hughes, Capgemini, General Electric, Google, Hexaware, Kotak Mahindra, Microsoft, Optum, Star Union Dai-Ichi Life Insurance, Walmart Labs and Wipro.

General Management offers were extended by big names like ACT Fibernet, Amazon, Capgemini Chrysalis, Capgemini Elite, Cipla, Cummins, Curefit, Hindustan Times, JSW Group, Larsen & Toubro, Mahindra, OfBusiness, Reliance, Salesforce, Tata Steel, Vodafone Intelligent Solutions.

On this occasion, Professor Himanshu Rai, Director, IIM Indore congratulated the participants for successful summer placements. “We are delighted to share that the recruiters have reposed their faith in our participants, as they have always done. Our participants are amongst the brightest in the nation and the summer placement offers are a testimony to that,” he said.

Read More:

• IIM Indore Courses
• IIM Indore Admission