IIM Indore Placement & Packages 2022: Process, Lowest, Highest Packages

IIM Indore Placements 2021 for its PGP have been concluded, achieving a 100% placement record. With 579 participating students and 210 participating recruiters, IIM Indore Highest Domestic Salary Package was Rs.41.50 lakhs per annum, and the highest international salary offered was Rs.56.80 lakhs per annum. The IIM Indore average package stood at Rs.23.60 lakhs per annum, which is 3% more than IIM Indore Previous Year Placement. The average of the top-100 salaries was Rs.33 lakhs per annum for this years IIM Indore Placements.

  Latest Updates

• Approximately 210 companies participated in the recruitment process, including BCG, McKinsey & Company, JPMorgan Chase, Goldman Sachs, Morgan Stanley, Anheuser-Busch InBev, HUL, ITC, Marico, Amazon, Microsoft, Salesforce, General Electric, and Walmart Lab, Bank of America, DE Shaw, Deloitte, Everest Group, Genpact, Salesforce, Deutsche Bank.
• Out of all the offers received, top recruiters were Finance, Sales & Marketing and Consulting sectors. Finance Sector contributed about 24% to IIM Indore Placements 2021.
• In 2021, a total of 120 pre-placement offers were received.

In this article, you will find all information regarding IIM Indore Final Placements 2021 and relevant past placement patterns for your reference. Here is a table that gives you a quick overview of all significant IIM Indore Placement Highlights.

IIM Indore Placements follows a specific placement process to help top recruiters hire the most eligible students for the offered jobs. Here is how the IIM Indore Placement Process 2021 has been conducted. 

Step 1- Shortlisting Employer

As a standard procedure, the candidate will have to indicate three to five employers of choice. Employers are ranked in order of preference. If a candidate gets hired by the employer marked as number 1, they will not get an opportunity to sit for the other placement interviews.

Step 2: Inviting companies

The placement committee will begin to contact various companies in the placement process for hiring students. If they say yes, then they will be asked to share hiring numbers and skill requirements through Pre Placement Talks.

Step 3: Pre Placement Talks

At the final placement process, companies are divided into different cohorts depending on which sector they belong to according to which IIM Indore Placement Process is carried out. Students will attend different sessions of corporate presentations where the vision of a company, roles and responsibilities of a job and job profile are explained

Step 4: Aptitude Test and Interview  

The institute sets up an internal aptitude test mechanism, the results of which are shared with employers. Candidates selected in the aptitude tests are required to sit for the Interview rounds.

Step 5: Interviews and Group Discussions

Based on academic qualifications and resume and aptitude test results, candidates shall be selected for interviews and group discussions. While the first round of interviews concludes quickly, a candidate will have to face two more rounds. A group discussion round is followed by a last personal interview with the reporting manager and HR head.

Step 6: Selection and acceptance letter

If the company selects a candidate, they will be sent an employment letter. If they accept the offer (the job role and compensation), they will not be allowed to sit for any more interviews.

The institute has done better than IIM Indore placements last year’s trends, observing an average salary of Rs.23.60 LPA with 100% Placements. IIM Indore Placements 2021 figures show a  significant improvement. More than 210 recruiters, which include more than 40 first time recruiters, showed interest in hiring for several roles across various sectors. Finance, Consulting and Sales & Marketing were the most preferred domains. Below is the table showcases IIM Indore Placements Trends of previous years and the current year for your reference. 

IIM Indore Last Year Trends

IIM Indore Placements Reports 2021

IIM Indore has released the IIM Indore Placements Report 2021, according to which the data are summarized below—

• The highest domestic salary and the international salary offered by the companies during the IIM Indore Placements 2021 was INR 41.5 LPA and INR 56.8 LPA, respectively.
• Finance, Sales & Marketing and Consulting were the top recruiting sector with finance comprising 24% of the offers.
• The batch consists of a massive number of 579 students. The average domestic salary was INR. 23.6 LPA, observing an increase of 3% from the previous year. 
• IIM Indore Placements 2021 witnessed 210 recruiters, out of which more than 40 recruiters, including Blue Star, NPCI, Paytm, PhonePe, TATA AIA, etc., came on campus grounds for the first time to hire for different roles. Amazon and Goldman & Sachs were the top recruiters. 120 pre-placement offers were also given. 

There is a positive change compared in IIM Indore Placement Reports 2021 when compared to previous years.  Below is the table depicting data of IIM Indore placement reports 2021 for your reference.

IIM Indore Top Recruiting Companies

More than 210 companies participated in the recruitment process, and IIM Indore top recruiters on campus included BCG, McKinsey & Co., JP Morgan, Goldman Sachs, Morgan Stanley, AB InBev, HUL, ITC, Marico, Amazon, Microsoft, Salesforce, General Electric, and Walmart Labs amongst others. There were 40+ new recruiters at IIM Indore in this final placements season. IIM Indore Top Recruiting Companies were Amazon, EY Parthenon and Goldman Sachs.  IIM Indore Domain-Wise Top Recruiters are shown in the table below.

IIM Indore Domain-Wise Top Recruiters 2021

*The statistics mentioned is not as per official announcement and is as per the trend and feedback received from various sources.

IIM Indore Sector-Wise Placement List 2021

If you look at IIM Indore Sector-Wise Placements, the Finance and Sales & Marketing sectors recruited maximum students. In contrast, the IT/Analytics sector has recruited the lowest number of students. The below table gives you an insight into IIM Indore Placements 2021 for all sectors.

IIM Indore Sector-Wise Placements 2021

*The statistics mentioned is not as per official announcement and is as per the trend and feedback received from various sources.

IIM Indore Top Alumni Recruiters

IIM Indore has had a widespread IIM Indore Alumni Network working across various domains, sectors and countries. Out of all the domains IIM Indore Alumni are working in, Business Development and Operations sectors share the top spot with 18% and 14% of alumni. Below are tables representing the data of IIM Indore Top Alumni Recruiters and Domain-Wise IIM Indore Top Alumni Recruiters for your reference.

IIM Indore Top Alumni Recruiters

*The statistics mentioned is not as per official announcement and is as per the trend and feedback received from various sources.

Domain-Wise IIM Indore Top Alumni Recruiters

*The statistics mentioned is not as per official announcement and is as per the trend and feedback received from various sources.

IIM Indore Placements 2021 saw Finance and Sales and Marketing Sectors topping the charts in terms of the highest salary packages. With an average package of INR 23.6 Lakhs per annum and the highest package of INR 56.80 Lakhs, IIM Indore Placements broke all previous year records despite the current pandemic situation and slow economic growth condition. Below is the table explaining IIM Indore Sector-Wise Salary Packages offered by top recruiters.

IIM Indore Sector-Wise Salary Packages 

*The statistics mentioned is not as per official announcement and is as per the trend and feedback received from various sources.