INDIAN INSTITUTE OF MANAGEMENT INDORE
CONSOLIDATED
PLACEMENT
REPORT
[Link]
CONTENTS
SUMMER PLACEMENTS 2023-25
DIRECTOR’S MESSAGE 04
SUMMARY 04
BATCH PROFILE 05
PLACEMENT STATISTICS 06
DOMAIN OVERVIEW 07
SEASON HIGHLIGHTS 09
FINAL PLACEMENTS 2022-24
DIRECTOR’S MESSAGE 11
SUMMARY 11
BATCH PROFILE 12
PLACEMENT STATISTICS 13
DOMAIN OVERVIEW 14
SEASON HIGHLIGHTS 16
PROMINENT RECRUITERS 17
PLACEMENT TEAM 19
SUMMER PLACEMENT
REPORT
2023-25
PAGE 03
DIRECTOR’S MESSAGE
At IIM Indore, we take immense pride in nurturing
socially-conscious leaders and astute entrepreneurs who
are well-equipped to navigate the complexities of the
business world. Despite the uncertainties in the
economic landscape, the success of our students in
securing remarkable career opportunities across various
sectors highlights the efficacy of our philosophy.
PROF. HIMANSHU RAI
Director
SUMMARY
IIM Indore belongs to the exclusive ‘Triple Crown’ Club with accreditations from AMBA, AACSB,
and EQUIS. It has been ranked 8th by NIRF in the recent rankings released in 2023. IIM Indore
secured a position in the FT Global 2023, ranking 4th among all the prestigious IIMs respectively,
reaffirming its stature as an institute providing management education of the highest standards.
IIM Indore is delighted to announce successful completion of Summer Placements for the batch of
2023-2025. Despite a challenging job market, the season successfully culminated with 150+
recruiters rolling out offers across diverse roles spanning various domains such as Consulting,
Finance, General Management, HR and Operations, IT/Analytics and Product Management, and
Sales & Marketing.
The institute, despite economic hurdles, was able to develop fresh relations with 40+ new
recruiters, apart from the past recruiting partners. The average stipend offered on campus stood
at 2.25 lakhs for two months. The highest stipend rose to 6.6 lakhs, witnessing an increase of 10%
from the previous year.
IIM Indore would like to thank all its recruiting partners, stakeholders including the academia,
industry partners and placement coordinators for their relentless support in concluding this
placement drive successfully.
IIM INDORE | PLACEMENT REPORT PAGE 04
BATCH OF 2023-25
Diversity at Campus
479 111
MBA Candidates Dual Degree Candidates
67% 33% 64% 36%
22 months 42% 24%
Average work MBA candidates MBA candidates from
experience of with work premier institutes
MBA candidates experience IITs/NITs/BITS/etc.
Work Exp. Sectors Work Exp. Year Wise (MBA)
Others Automotive
10% 8.4% 3+ years
Infra 9% < 1 year
Financial
5.7%
12.2% 24%
2-3 years
26%
Consulting
13.4%
IT
32.1%
E - Com
3.8% 1-2 years
Manufacturing
41%
FMCG
5.7% 8.8%
PAGE 05
PLACEMENT STATISTICS
Highest Stipend
₹ 6.6 Lakhs
10% Increase Year on Year
Average Stipend
₹ 2.25 Lakhs
Top 100: ₹ 3.97 Lakhs
Top 200: ₹ 3.49 Lakhs
20% 24%
23% FINANCE
SALES &
CONSULTING MARKETING
23%
GENERAL MANAGEMENT, 10%
HR & OPERATIONS IT / ANALYTICS
DOMAINS
PAGE 06
DOMAIN OVERVIEW
CONSULTING
Representing 23% of the total offers, it featured premium recruiters such as
Accenture Strategy & Consulting, Aon, Avalon Consulting, Bain & Company,
Boston Consulting Group, Deloitte India, Deloitte USI, Everest Group, EY
India, EY Parthenon, Kearney, KPMG, Nation with NaMo, PwC India, PwC
US Advisory, Redseer Strategy Consultants, Samagra, Sutra Management,
Synergy Consulting and Vector Consulting Group.
Consulting roles included the traditional client-focusing strategy roles and
several practice specific roles were also rolled out such as AI Transaction,
Business Performance, Customer & Operations, Cyber Risk Services,
Finance Consulting, Health Transformation, Human Resources, Lean
Consultant, Operations Consulting, Regulatory & Legal Support, Research &
Advisory, and Transaction Strategy & Execution.
FINANCE
Finance continues to play a crucial role in our placements, with 20% of the
batch securing offers across a multitude of roles in top firms such as Aditya
Birla Capital, Axis Bank, Barclays, Citi, Cranmore Partners, CRISIL, The D.E
Shaw Group, Deutsche Bank, Edelweiss Tokio Life Insurance, Fidelity
Investments, Goldman Sachs, HSBC Bank, ICICI Bank, IndigoEdge,
JPMorgan Chase & Co, Kotak Mahindra Bank, Morgan Stanley, Piramal
Alternatives, Tencent and Yes Bank.
The students secured offers across a spectrum of roles which included Asset
Management, Commercial Banking, Corporate Banking, Counterparty Risk,
Credit Risk, Equity Research, ESG Analyst, Financial Operations, Global
Banking, ICG Operations, Investment Banking, Liability Products
Management, Merchant Payments, Renewable Investments, Research &
Analytics, Risk Testing, Treasury Analytics, Wealth Management, and
Wholesale Credit Risk.
IIM INDORE | PLACEMENT REPORT PAGE 07
DOMAIN OVERVIEW
GENERAL MANAGEMENT/ HR/ OPERATIONS
23% of the batch bagged positions in General Management, HR &
Operations, witnessing participation from reputed firms including Adani
Group, Airtel, AMWAY, Capgemini E.L.I.T.E, CK Birla Group, DCM Shriram,
Flipkart, Garuda Aerospace, General Electric, Godrej, Hexaware
Technologies, JSW Steel, Meru Accounting, Phonepe, Practo, Reliance
Industries Limited, ReNew Power, Samsung Research, Tata Administrative
Services, Tata Steel, Thyssenkrupp, Udaan, and Zomato.
The General Management, HR & Operations included offers in diverse areas
like Business Strategy, Cost Optimization, Founder's Office, Investor
Relations, Leadership Roles, Operations Management, Project
Management, Process Excellence and Supply Chain Management.
IT/ ANALYTICS
Recruitments in IT/Analytics and Product Management comprised
10% of offers, with students being hired by firms such as Accenture
Tech Consulting, Amazon, American Express, Axtria, Capgemini
Chrysalis, IDFC FIRST Bank, IndiaMART, Logitech, MAQ Software,
[Link], Merilytics, Microsoft, OLA, Walmart and Wipro.
Students opted for high-growth profile roles in Product Management,
Program Management, and AI Business Analytics, Customer
Experience, Data Analytics, Enterprise Digital Management, Fintech
Analyst, Global Merchant Network, Healthcare Analytics, IT
Transformation, Operating Model Transformation, Product
Development, Project Management, Supply Chain Program Manager,
and Risk Analytics.
IIM INDORE | PLACEMENT REPORT PAGE 08
DOMAIN OVERVIEW
SALES & MARKETING
Recruitments in the Sales & Marketing function formed 24% of the total offers,
witnessing participation from prominent firms including AB InBev, Aditya Birla
Fashion & Retail Limited, AgroTech Foods, Apollo Tyres, Asian Paints,
AstraZeneca, Atomberg Technologies, Bajaj Consumer Care, Cipla, Dabur India
Limited, Dr. Reddy’s Laboratories, Everest Industries, General Mills, Haleon,
Hindustan Unilever Limited, InfoEdge, ITC Limited, Kenvue, Larsen & Toubro,
Medtronic, Ninjacart, PepsiCo, Reckitt, Societe Generale, StockGro, Tata
Consumer Products, Titan Company, The Coca Cola Company, United Breweries,
and Xanadu.
Offers were extended across a range of fresh profiles, such as community
management, growth, procurement, and strategic sales, in addition to the
conventional positions of account management, brand management, business-to-
business sales, modern trade, product marketing, and sales planning.
SEASON HIGHLIGHTS
The institute's relationship with the industry has strengthened over time as a result
of producing socially conscious business leaders with managerial intelligence.
Despite the impact of the current economic climate, this is made abundantly clear
by the number of recruiters—both established and up-and-coming—who took part
in the Summer Internship process and placed students in their desired roles.
Over the course of this season, we witnessed the participation of 40+ new
recruiters, such as Accenture Tech Consulting, Aditya Birla Capital, Airtel, Bajaj
Consumer Care, Barclays, Cranmore Partners, EY-Parthenon, Garuda Aerospace,
General Electric, Godrej, IndiaMART, Kenvue, Logitech, MAQ Software, Nation
with NaMo, Ninjacart, NPCI, OLA, Practo, Samagra, Samsung Research, Societe
Generale, Standard Chartered Bank, Stakeboat Capital, StockGro, Sutra
Management, Tencent, ThyssenKrupp, Titan Company, Vector Consulting,
Whatfix, Xanadu and Zomato.
IIM INDORE | PLACEMENT REPORT PAGE 09
2022-24
FINAL PLACEMENT
REPORT
PAGE 10
DIRECTOR’S MESSAGE
At IIM Indore, our commitment to delivering management education of the highest standards
grooms socially-conscious leaders and entrepreneurs, forged through a deeply embedded
connection with the industry. We strongly believe that integrating academia and industry is crucial
for students’ welfare and have made consistent efforts to bridge the gap. Our students’ ability in
securing fulfilling career opportunities, despite ongoing economic uncertainties, underscores the
efficacy of our philosophy.
SUMMARY
IIM Indore is proud to announce 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.
Our ongoing commitment to fostering deeper connections with recruiters has paid off, marking
each passing year with progress. 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 would like to acknowledge all of its stakeholders, such as its academic partners, and
placement team, for putting in so much work to make this placement drive a success.
IIM INDORE | PLACEMENT REPORT PAGE 11
BATCH OF 2022-24
Diversity at Campus
501 93
MBA Candidates Dual Degree Candidates
67% 33% 65% 35%
21 months 55% 28%
Average work MBA candidates MBA candidates from
experience of with work premier institutes
MBA candidates experience IITs/NITs/BITS/etc.
Work Exp. Sectors Work Exp. Year Wise (MBA)
Others Automotive
10% 10%
3+ years
Infra
4%
5%
Finance
11%
2-3 years < 1 year
21% 30%
Pharma
1%
IT Consulting
31% 14%
E - Commerce
2%
1-2 years
FMCG Manufacturing 44%
3% 14% PAGE 12
PLACEMENT STATISTICS
Highest Package
₹ 1 Cr PA
Average CTC
₹ 25.68 LPA
Top 100: ₹ 37.33 LPA
Top 200: ₹ 32.91 LPA
19% 19%
25% FINANCE
SALES &
CONSULTING MARKETING
25%
GENERAL MANAGEMENT, 12%
HR & OPERATIONS IT/ ANALYTICS
DOMAINS
PAGE 13
DOMAIN OVERVIEW
CONSULTING
Consulting attracted the maximum offers this year, with 25% of the total offers
featuring consulting giants such as Accenture Strategy, Accenture Tech
Consulting, Acuvon Consulting, Boston Consulting Group, Deloitte India, Deloitte
USI, Droege Group, Everest Group, Eversana, EY, EY Parthenon, GEP Worldwide,
Graviton Consulting, Indus Insights, Infosys Consulting, Kearney, KPMG,
McKinsey & Company, PwC India, PwC US Advisory, Redseer Strategy
Consultants, Samagra, Searce Inc, Sutra Management Consulting, Vector
Consulting Group and Zinnov.
Elite consulting firms expanded their offerings beyond generalist consulting roles to
cover specialized positions in avenues like 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
The finance cohort made up 19% of the total offers, witnessing more coveted roles
from top recruiters such as Ambit Capital, Axis Bank, Bank of America, Barclays,
CAMS, Citi, CRISIL, Deutsche Bank, ESAF Bank, Goldman Sachs, Guidepoint,
HDFC Bank, HDFC Life, HSBC, ICICI Bank, IndigoEdge, IndusInd Bank,
JPMorgan Chase & Co, Kotak Mahindra Bank, Mango Advisors, Morgan Stanley,
Nomura, o3 Capital, Sabre Partners, SBI Securities, Spark Capital Advisors,
Standard Chartered Bank, The D.E. Shaw Group, Ujjivan Small Finance Bank,
Vananam and Yes Bank.
Roles offered under finance included 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.
IIM INDORE | PLACEMENT REPORT PAGE 14
DOMAIN OVERVIEW
GENERAL MANAGEMENT/ HR/ OPERATIONS
This placement season was marked by an increased participation from a
range of recruiters, in key leadership and managerial roles in General
Management, HR & Operations. 25% of the batch were extended offers from
major firms including Aarti Industries, Airtel, AMWAY, Biocon, BLS
International Services, Capgemini E.L.I.T.E., Century Real Estate Holdings,
Cipla, Everest Industries, DCM Shriram, Delhivery, General Mills, Godrej
Properties Limited, Hero MotoCorp, Hero Future Energies, Indegene, Jio
Financial Services, Jubilant Motorworks, Larsen & Toubro, Luminous Power
Technologies, Nuvoco Vistas, Okaya Group, OLA Electric, PhonePe,
Reliance Industries Limited, Renew Power, Salesforce, Schneider Electric,
Sobha Realty, Suzlon Group, TATA Administrative Services, TATA
Communications, Tech Mahindra, ThoughtFocus, Unacademy, Volvo Eicher
and Wakefit.
Notable profiles in this domain included 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
12% of the batch secured offers in IT/ Analytics roles, being recruited by
firms including Accenture Operations, Amazon, American Express, Axtria,
Capgemini Chrysalis, CarDekho, Cognizant, DataLink, EXL Analytics, GE
Healthcare, Genpact, HCLSoftware, HCLTech, Hexaware, IDFC First Bank,
Incture, Magicbricks, MAQ Software, Merilytics, Mindsprint, Navi, Optum,
Polestar, QualityKiosk Technologies, TA Digital and Wipro.
Despite the cooling job market, recruiters offered diverse roles in 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.
IIM INDORE | PLACEMENT REPORT PAGE 15
DOMAIN OVERVIEW
SALES & MARKETING
Recruitments in the Sales & Marketing function formed 19% of the total offers,
witnessing participation from eminent recruiters including 91Squarefeet, Aditya
Birla Fashion and Retail Ltd, Affinity Global, Asian Paints, AstraZeneca, Bajaj
Auto, Bajaj Consumer Care, Bira91, Century Plyboards, Country Delight,
Crompton Greaves Consumer Electrical, Dr. Reddy's Laboratories, eMSME,
General Mills, Godrej & Boyce, Haleon, Hindustan Unilever Limited, InfoEdge, ITC
Limited, Lodha, Mondelez International, nStore, OfBusiness, PepsiCo, Prataap
Snacks, Proctor & Gamble, Reckitt, Reid & Taylor, Samsung, Suta, Table Space,
TATA Consumer Products, TATA Steel, Varun Beverages Limited, Vedanta
Limited, XSEED Education, and Zycus.
A blend of evergreen and futuristic roles were offered to students in 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.
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, HCLSoftware, 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.
IIM INDORE | PLACEMENT REPORT PAGE 16
PROMINENT RECRUITERS
IIM INDORE | PLACEMENT REPORT PAGE 17
PROMINENT RECRUITERS
IIM INDORE | PLACEMENT REPORT PAGE 17
PLACEMENT TEAM
ABHISHEK KUMAR AARSHAD RAMESH AMARNATH D DRUMIL PADSUMBIA
(SECRETARY)
HARI PRASATH HARSH MEHTA JAY MODHA JOSEPH ROY
KARTHIK S KAVIYA R KUSUM AGARWAL MAYURI MUNSHI
ONKAR JOSHI SAMBUDDHA ROY SANTOSH A R SARANSH SAXENA
SOORAJ B P SREETEJA NELA SRISHTI SONOWAL SWATHI SURAJ
Email: placement@[Link]
Telephone Number: +91-731-2439658
Website: [Link]/placements
