IIM Indore Placement 2017: Largest batch of 611 students gets offers from 200 recruiters; Average salary up to Rs.16.23 lakhs

Placement season 2017 at IIM Indore was marked with grand success with 100% placement for the largest ever batch of students. More offers from more recruiters with higher packages remained the key attractions in IIM Indore placement 2017.

With the largest batch size across IIMs, IIM Indore has wrapped up the final placements for the class of 2017 with a 28% increase in Pre-Placement offers. The batch with a strength of 611, included 449 students of the Post-Graduate Programme (PGP), 100 students of the unique 5-year Integrated Program in Management (IPM) and 62 students of the PGP program at the Mumbai Campus of IIM Indore.

22% increase in salary with 200 recruiters at campus
The placement season witnessed participation from over 200 companies, including 74 first time recruiters. The average CTC stood at Rs. 16.23 LPA, with a highest package of Rs. 39 LPA, an increase of 22% over last year. The highest domestic CTC was Rs. 32 LPA.

Strategy & Consulting: Top domain with 28% offers
Strategy & Consulting emerged as the leading domain with over 160 participants securing offers. Actuate Business Consulting, Boston Consulting Group, Cognizant Business Consulting, Deloitte Strategy & Operations, Ernst & Young, Feedback Infra, Infosys Management Consulting, KPMG and PwC were some of the marquee recruiters in this domain.

Finance domain: 27% offers
IIM Indore maintained its position as one of the preferred recruitment destinations for the Finance domain with bulge-bracket investment banks like Credit Suisse, Deutsche Bank, Goldman Sachs and JPMorgan Chase & Co. rolling out over 30 offers while Arcesium, Axis Bank, Bank of America Continuum, CRISIL, Edelweiss, EXL, FIS Global, HDFC, HSBC, ICICI Bank, Indus Valley Partners, Kotak Mahindra Bank, Royal Bank of Scotland, SBI Bank and Yes Bank were some of the other major recruiters.

Sales & Marketing: 23% offers
Continuing previous year’s trends, Sales and Marketing remained one of the most favoured domains among the participants with big brands like Aditya Birla F&L, AkzoNobel, Asian Paints, Bharat Forge, Blue Star, Britannia, Dabur, DishTV, Dr. Lal PathLabs, Eli Lilly, Godrej & Boyce, Hindware, Hindustan Unilever, IndianOil, ITC, Johnson & Johnson, L’Oreal, Maruti Suzuki, Mother Dairy, Nestle, Panasonic, PepsiCo, Philips, Pidilite, Raymond, Sun Pharmaceutical Industries, Tata Sky, VF Corporation and Vodafone choosing to recruit from the campus in large numbers.

IT & Analytics: 8% offers
Technology domain aspirants bagged offers from top firms such as American Express, ATOS, Capgemini, Cognizant, Directi, Dell EMC, Google, HCL, Hexaware Technologies, Infosys, Tech Mahindra (GLC) and Wipro. The participants were offered various IT and Analytics roles.

Aditya Birla Group, Airtel, Avery Dennison, Indus Towers, LAVA International, Mahindra, PayTM, Reliance Industries, Robert Bosch, Tata Power and United Breweries offered their coveted General Management roles & Leadership Programs.

GM, Operations & HR: 14% offers
General Management and Operations & HR roles contributed to 7% offers each. The offers were made by the firms like Amazon, Apollo Pharmacy, DHL Express, Ford, Genpact, GMR Group, L&T, Neuland Laboratories, Royal Orchid Hotels, Sunteck Realty, Tata Steel, Vedanta among others.

5 year IPM: Average salary - Rs.12.52 lakhs
The second batch of the five-year Integrated Programme in Management had 100 participants and witnessed 100% placements with an average CTC of Rs. 12.52 LPA, with recruiters like Apollo Munich, Avery Dennison, Britannia, Ford, Genpact, Shriram Wealth Advisors, VF Corporation recruiting exclusively from the course. Participants also bagged offers from marquee recruiters like EXL service, HDFC, HSBC, ICICI, JPMC, KPMG, L’Oreal and Mother Dairy, with close to 40% of the batch opting for the Finance domain.

First time recruiters
Some of the major first time recruiters include Apollo Munich, Apollo Pharmacy, Atos, Avery Dennison, Directi, Dell EMC, Feedback Infra, FIS Global, Ford, GMR Group, ICICI Securities, Panasonic, Shriram Wealth Advisors, Sundaram BNP Paribas, Tech Mahindra (GLC), Vedanta and VF Corporation. Firms like Amazon, Asian Paints, Genpact, Hindware, IndianOil, Indus Valley Partners, Infosys Management Consulting, Johnson & Johnson, Sun Pharmaceutical Industries and United Breweries returned to recruit after a hiatus.

Placement Highlights

Expressing his thoughts about the season, Prof. Rishikesha T Krishnan, Director of IIM Indore said “At IIM Indore, our endeavor is to be a contextually-relevant business school with world class academic standards substantiated by the AMBA accreditation of our programmes. We are confident that our graduates will contribute significantly to make organizations both effective and efficient. Despite challenging economic changes, we have continued to be the preferred choice for many of the industry leaders. Leading recruiters have offered various challenging managerial roles to more than 600 of our 2-year PGP and 5-year IPM graduates. We are happy to highlight the improving placements of our IPM participants. This year a lot more recruiters expressed interest and appreciated the performance of IPM participants in the whole process."
Established in 1996, IIM Indore is the 6th in the family of Indian Institutes of Management. Since its inception, IIM Indore has been acting as a leader in the field of management education, interfacing with the industry, government sector and PSUs.

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