IIM Indore Placements records highlight the strong career outcomes of the institute’s 5-year Integrated Programme in Management (IPM), which is structured into a 3-year undergraduate course followed by a 2-year postgraduate course. Designed for students joining right after Higher Secondary School, the program offers early exposure to management education, enhancing both training and awareness.
After completing the 3-year undergraduate phase, students undertake a social internship, while the final two years include a business internship. Upon successful completion of the program, students are awarded a Bachelor of Arts (Foundations of Management) and a Master of Business Administration under the Dual Degree Programme from IIM Indore.
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IIM Indore Placement Statistics (Average Package of IIM Indore)
IIM Indore very recently announced its successful completion of placements for the 2024 batch, which consisted of students from both IPM (Integrated Program in Management) and PGP (Post-Graduate Program).
IIM recorded a 14.99% decline in average package alongside a 9.92% decline in their median package as compared to last year. Moreover, there is a fall of 12.28% in their highest domestic package when compared to last year.
Features | 2024 Placements | 2023 Placements | 2022 Placements |
Highest CTC offered | INR 1 Crores PA | INR 1.14 Crores P.A. | INR 49 LPA |
Average CTC offered | INR 25.68 LPA | INR 30.21 LPA | INR 25.01 LPA |
Median CTC offered | INR 24.5 LPA | INR 27.2 LPA | INR 24.09 LPA |
Number of recruiters | 150+ | 160+ | 200+ |
Number of first-time recruiters | 40+ | 80+ | 30+ |
The highlights of IIM Indore 2024 placements are given in the tabular form below.
IIM Indore Placements 2024
IIM Indore has announced the successful conclusion of Final Placements for the batch of 2022-2024, achieving a 100% placement record.
Against the backdrop of a cooling job market, the season successfully culminated with 150+ recruiters extending offers to 594 students from the two-year Post Graduate Programme (PGP) and five-year Integrated Programme in Management (IPM) for the largest outgoing batch in its 27-year legacy, reflecting the industry’s unwavering trust in the institute and its students.
Strong participation was exhibited by companies from diverse industries such as:
- BFSI
- Conglomerate, Construction & Real Estate
- Consulting
- Consumer Goods
- E-commerce
- Healthcare
- Logistics
- Manufacturing
- Technology
- Media & Telecommunications
- Utilities & Renewables.
The statistics for this year consisted of the average CTC at 25.68 LPA. The highest compensation offered on campus stood at 1 Crore per annum.
IIM Indore Placement Domain Statistics
Domain | 2024
Placements |
2023 Placements | 2022 Placements |
Sales & Marketing | 24% | 18% | 18% |
Consulting | 23% | 29% | 31% |
Finance | 20% | 18% | 20% |
General Management & Operations | 23% | 19% | 16% |
IT/ Analytics | 10% | 16% | 15% |
IIM Indore IPM Placement: Recruiting Companies (Average Package of IIM Indore)
Domain | Company | Package (₹ LPA) |
Consulting (≈25–29% of batch)
|
Accenture Strategy/Tech | 35–45 |
Avalon Consulting | 22–23 | |
Bain & Company | ~21 | |
BCG | 36–38 | |
Deloitte USI | 24–28 | |
EY / EY Parthenon | 21–24 | |
Kearney | ~26 | |
KPMG | ~25 | |
McKinsey | 20–21 | |
PwC US Advisory | 20–25 | |
RedSeer Consulting | 23–25 | |
Samagra | 25–30 | |
Finance (≈18–19% of batch)
|
Citi Bank | 25–28 |
Goldman Sachs | Premium Package | |
JPMorgan Chase & Co. | Active Recruiter | |
ICICI Securities | 25–35 (Typical Range) | |
Axis Bank | 25–35 (Typical Range) | |
Bank of America | 25–35 (Typical Range) | |
Barclays | 25–35 (Typical Range) | |
Standard Chartered | 25–35 (Typical Range) | |
Yes Bank | 25–35 (Typical Range) | |
IT / Analytics (≈12–16%)
|
American Express | 28–33 |
EXL Analytics | ~28 | |
Samsung | ~25 | |
Sales / Marketing / GM (≈30–35%)
|
Hindustan Unilever (HUL) | Up to 34 |
Flipkart | 23–26 | |
Dabur | 22–25 | |
Dr. Reddy’s | 22–25 | |
Genpact | 19–24 |
Roles Offered in IIM Indore Placement 2024
Domain | Roles Offered |
Consulting | Business Valuations & Modelling, Corporate Finance, Deal Strategy, Digital Transformation, Financial Services Transformation, Functional Consultant, Operations Transformation, Project Growth Strategy, Research & Advisory, and Solution Advisor |
Finance | Corporate Banking, Customer Success, Equity Research, Financial Advisory and Reporting, Financial Strategy & Operations, Global Risk, Fund Advisory, ICG Loan Operations, Investment Banking, Insurance Strategy, Microbanking, Private Banking, Product Strategy, Risk & Underwriting, Strategy Initiatives, Trade Finance, and Transfer Pricing. |
General Management/HR/Operations | Chief of Staff, Client Servicing, Commercial Lead, Corporate Strategy, Founder’s Office, Global Business Unit, Head Merchandiser, Implementation Manager, Key Account Manager, Operations Manager, Production Manager, Procurement Manager, Purchases, Strategy and M&A, and Supply Chain Manager |
IT/Analytics | Data Science, Data Analytics, Delivery Transformation, Digital Journey Owner, Enterprise Product Solutions, Global Merchant Network, Product Development, Product Management, Project Management, Process Manager, Solution Manager, and Technical Project Management |
Sales and Marketing | Account Management, Advertise Operations, B2B Sales, Bid Management, Category Lead, Corporate Sales, Digital Marketing, Forecast Analyst, Growth Marketing, Institutional Sales, Pre Sales, Product Marketing, Purchase Manager, Retail Business, and Strategic Partnerships |
IIM Indore Placement: Season Highlights
Despite an economic slump, the Final Placement for the class of 2022–24 proved the institute’s resilience.
With prominent numbers, this year has been a great example of how prominent IIM Indore is among recruiters. This year, IIM Indore built associations with 50+ new recruiters, including but not limited to Accenture Operations, Airtel, Ashirvad, Bajaj Consumer Care, CAMS, DataLink, ESAF Bank, Godrej & Boyce, Guidepoint, HCL Software, HDFC Life, Hero Future Energies, Indus Insights, IndusInd Bank, Jio Financial Services, Lupin, Maveric Systems, Mindsprint, Navi, OLA Electric, Polestar, Prisha Policy, Searce, SBI Securities, Sutra Management Consulting, Suzlon Group, Technip Energies, ThoughtFocus, Thyssenkrup, Ujjivan Small Finance Bank, Unacademy, Zinnov and Zycus, showing that the institution has been producing well-rounded individuals who are better prepared to handle challenges of the business world.
Frequently Asked Questions
How to prepare for or crack IPMAT?
IPM Preparation involves revision of class 6 to class 12 concepts of Maths and English. Another important step in IPMAT preparation is solving IPMAT mock tests and IPMAT previous year papers. If you are looking for help preparing for IPMAT, click here.
Which IIMs offer IPM?
A total of 7 IIMs have started the IPM Program- IIM Indore, IIM Rohtak, IIM Ranchi, IIM Bodh Gaya, IIM Jammu, IIM Shillong, and IIM Amritsar all offer the IPM Program.