Final Placements for the 2016-18 batch at IIM Indore saw a 12% rise in average salary over the previous year to Rs 18.17 lakh per annum and a 40% increase in pre-placement offers (PPOs) to 147.
The highest international package was Rs 63.45 LPA and highest domestic package Rs 33.04 LPA. The batch of 624 comprised 443 PGP, 68 PGP (Mumbai) and 113 IPM students. The season also witnessed a commendable increase of more than 200 recruiters, 67 of them first-timers across multiple sectors, participating in the process. The first time recruiters included CP Group, Lenskart, Moody’s Analytics, PwC US SDC and Toppr, to name a few.
The 5-year Integrated Program in Management (IPM) recorded an average CTC of Rs 15.16 LPA with a phenomenal increase of 21% in comparison to the previous year.
IIM-I Director Prof Rishikesha T. Krishnan said, “It gives me immense pleasure overseeing a successful placement season with a tremendous increase in the average CTC as well as the highest CTC. Leveraging upon the largest batch across all IIMs -including PGP, PGP Mumbai and IPM programs, new relationships were developed.
“This is a testament to the confidence and trust shown by the industry in the rigour and excellence of IIM Indore and further reaffirms our position among the top business schools in the country,” he added.
The placement statistics revealed that the top 50 drew a compensation of Rs 29.52 LPA, the top 100, Rs 26.16 LPA and the top 200, Rs 22.47 LPA.
Domain-wise, Finance had the maximum share of 27% followed by Consulting and Strategy 24%, IT & Analytics and General Management 10% each and HR & Operations 7%.
Finance sector saw the participation of several Investment Banks, Private Equity and Venture Capital firms offering
highly coveted front end roles. Major recruiters included Axis Bank, Bank of America, Credit Suisse, Deutsche Bank, Goldman Sachs, Edelweiss, HDFC Bank, HSBC, ICICI Bank, Indus Valley Partners, JPMorgan Chase, Kotak Mahindra Bank, Max Life Insurance, Nomura, Royal Bank of Scotland and Yes Bank among many others
The students were also offered roles in Investment Banking, Asset Management, Corporate Treasury and Equity Research.
The operations domain saw an array of recruiters such as Aditya Birla Fashion & Retail, Cipla, DHL, Dr. Lal PathLabs, Jubilant Foodworks, Larsen & Toubro, Prataap Snacks and TATA Steel. HR Leadership roles were offered by DHL, ICICI Bank, Max Life Insurance and UAE Exchange.
The main recruiters in the Consulting sector were Accenture Strategy, Boston Consulting Group, Cognizant Business Consulting, Deloitte USI, EXL Service, EY, Infosys Management Consulting, KPMG, PwC, SKP Group and United Health Group (Optum).
PwC US SDC recruited for the first time and PwC India continued its enduring relationship with IIM-I by offering new roles for the participants. Long-term associations were forged with Accenture Strategy and several others.
Sales & Marketing saw the participation of Asian Paints, Aditya Birla Fashion and Retail, Bajaj Auto, Blue Star,
Dabur, Emami, Godrej & Boyce, GroupM, GSK Pharma, Hero MotoCorp, Hindustan Coca-Cola Beverages, Hindustan Unilever, Hindware, Indian Oil, ITC, Jubilant Foodworks, LAVA International, Larsen & Toubro, L’Oréal, Marico, Maruti Suzuki, Mother Dairy, Panasonic, PepsiCo, Philips, Pidilite, Tata Steel, TimesOOH, Tolaram Group, Toppr and Vodafone recruiting. The recruiters also included Cipla, Dr. Lal PathLabs and GSK Pharma among the Pharma companies.
General Management domain included Aditya Birla Group, Airtel, CP Group, GMR Group, JSW Group, Lenskart, Mahindra & Mahindra GMC, Max Life Insurance, Microland, PayTM, Reliance Industries, Shell, ValueLabs and Vedanta.
The operations domain saw an array of recruiters such as Aditya Birla Fashion & Retail, Cipla, DHL, Dr. Lal PathLabs, Jubilant Foodworks, Larsen & Toubro, Prataap Snacks and TATA Steel. HR Leadership roles were offered by DHL, ICICI Bank, Max Life Insurance and UAE Exchange.
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IT domain witnessed a surge in the number of roles offered as well as the participation of leading firms like Dell, Google and Hindustan Unilever. This season witnessed an increase in the participation of Technology Consulting firms like Accenture Technologies, Capgemini, HCL Technologies, IBM, Infosys, L&T Infotech and Mahindra Comviva among others.
Several e-Commerce firms including CarWale, IndiaMart, Lenskart, NestAway, PayTM and RentoMojo made multiple offers.
Analytics domain saw the participation of American Express, LatentView Analytics, MAQ Software, Moody’s Analytics, MuSigma and Philips Lighting. (Image Source: wikipedia.org)
