Final Placement 2019 for the PGP 2017-19 batch and 5-year IPM batch at IIM Indore saw a 41% increase in highest salary at Rs 89.25 LPA (lakhs per annum) and the average salary going up to Rs 20.79 LPA.
More than 200 recruiters, including 57 first timers, had turned up at the placements mopping up the entire batch of 607 students, the largest number that participated in the process at the IIM so far.
“We are delighted by the faith that the top companies of the country and the MNCs have reposed in our students. It is an acknowledgement of the calibre of our students at IIM Indore as well as a reflection of the contextual relevance of our program content and pedagogy,” IIM Indore Director Prof Himanshu Rai said.
Major recruiters included Aditya Birla Capital, Axis Bank, Barclays, Bank of America Continuum, Credit Suisse, CRISIL, Deutsche Bank, DHFL Pramerica, Edelweiss, Fidelity Investments, Goldman Sachs, HDFC, HSBC, ICICI, India Ratings, IndusInd Bank, Indus Valley Partners, JPMorgan Chase & Co, Kotak Mahindra, Philips, Royal Bank of Scotland, State Street Corporation, Syngenta and Yes Bank.
“In the years to come, we will continue to strengthen our engagement with the industry and ensure that we continue to create socially conscious responsible leaders,” he added.
Placement Highlights
- The highest domestic offer went up by 23% to Rs 40.5 LPA
- Average salary for the top 50 offers at Rs 30.04 LPA and Rs 28.47 LPA for the top 100
- A significant rise in median salary to Rs 19.4 LPA
- IPM batch average salary Rs 17.01 LPA (Rs 15.16 lakh in 2018)
- Finance, Consulting, Sales & Marketing remain the most preferred domains
- Consulting tops with 27% offers
Major recruiters in Consulting domain included Avalon Consulting, Bain Capability Centre, Boston Consulting Group, Cognizant Business Consulting, Deloitte USI, Ernst & Young, Everest Group, i3 Consulting, Andhra Pradesh Government, Infosys Management Consulting, IQVIA, PwC India, PwC US Management Consulting, SKP Consulting, Synergy Consulting, Thoucentric Consulting, UnitedHealth Group and Vector Consulting. McKinsey resumed recruiting at IIM Indore after a brief interval.
- In Finance, recruiters mopped up 26% of the batch
- Investment Banks, Private Equity and Venture Capital firms offered highly coveted front end roles to the students
Major recruiters included Aditya Birla Capital, Axis Bank, Barclays, Bank of America Continuum, Credit Suisse, CRISIL, Deutsche Bank, DHFL Pramerica, Edelweiss, Fidelity Investments, Goldman Sachs, HDFC, HSBC, ICICI, India Ratings, IndusInd Bank, Indus Valley Partners, JPMorgan Chase & Co, Kotak Mahindra, Philips, Royal Bank of Scotland, State Street Corporation, Syngenta and Yes Bank.
- Sales & Marketing recruit 22% of the batch
Recruiters included Aditya Birla Fashion Retail Limited, Asian Paints, Britannia, Cipla, Crompton Greaves, Dabur, Dalmia Bharat Group, Dolcera, Eli Lilly, GroupM, GSK Pharma, Hindustan Unilever, ITC, Jubilant Foodworks, Kent RO Systems, L’Oreal, Maruti Suzuki, Panasonic, Piramal Group, PUMA, Radio Mirchi, Raymond, Royal Enfield, Shemaroo Entertainment, Tata International, Tata Power, Tata Steel, UB Group, Unimoni and Whirlpool.
- General Management, HR & Operations 15%
Major recruiters in the sector were Airtel, Amazon, American Express, GMR Group, Jindal Steel & Power, JSW Group, MakeMyTrip, PayTM, Rebel Foods, Reliance Industries, Rural Electrification Corporation, Suzlon Energy, Tata Communications and Trident Group. Capgemini recruited for the first time for its ELITE program.
- IT & Analytics 10%
Major recruiters were Accenture Technologies, Axtria, Capgemini, FIS Global, Google, HCL, Hexaware, HP, IBM, Intel, Infosys BPM, L&T Technology, Mahindra Comviva, MAQ Software, Tata Consultancy Services, Tredence Analytics and Wipro. Hindustan Unilever and General Electric continued to recruit for their IT leadership programmes.
- HR & Operations
Recruiters included Aditya Birla Retail, Cipla, Essel Group, Godrej & Boyce, ICICI Bank, Jaguar Land Rover, L&T, Prataap Snacks, Shapoorji Pallonji Group, Vishal Mega Mart, Whirlpool and Willis Towers Watson.
