IIM Indore has wrapped up Placement 2018 for its largest batch of 624 students with an average salary of Rs.18.17 lakhs and highest salary of Rs.33.04 lakhs along with coveted roles offered by 200 recruiters who rolled out offers to 624 students including 443 PGP participants, 68 PGP Mumbai participants along with 113 participants from the 5 year Integrated Programme in Management (IPM).
The placement season witnessed participation from over 200 recruiters. The average CTC stood at Rs.18.17 lakhs marking a 12% increase in average salary from Rs.16.23 lakhs last year. The highest Domestic Salary in Placement 2018 stood at Rs.33.04 lakhs.
The average CTC for the IPM batch stood at 15.16 LPA marking an increase of 21% from the previous year. Last year the average CTC for the IPM batch was Rs. 12.52 Lakhs. The highest international package offered in Placement 2018 at IIM Indore has gone up to Rs. 63.45 Lakhs.
Owing to the excellent performance of students during their summer internships, the number of Pre-Placement Offers (PPOs) extended by companies this year has increased to 147 marking an increase of 40% from last year.
IIM Indore maintained its position as one of the preferred recruitment destinations for the Finance domain. With 27% of the batch opting for Finance roles and participation of multiple Investment Banks, Private Equity and Venture Capital firms offering highly coveted front end roles, IIM Indore has emerged as one of the top destinations for finance recruitment in the country. Major recruiters such as 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 continued their long-term association with IIM Indore.
The Consulting domain continued to see extensive participation from Consulting stalwarts like Accenture Strategy, Boston Consulting Group, Cognizant Business Consulting, Deloitte USI, Ernst & Young, EXL Service, Infosys Management Consulting, KPMG, PricewaterhouseCoopers among others. Sales & Marketing also continued to be the preferred domain amongst participants with Industry giants like Asian Paints, Dabur, Godrej & Boyce, GroupM, GSK Pharma, Hindustan Coca-Cola Beverages, HUL, ITC, L’Oréal, Marico, Maruti Suzuki, Mother Dairy, Panasonic, PepsiCo, Pidilite, Tata Steel, TimesOOH, Tolaram Group, Toppr and Vodafone recruiting in large numbers.
In the technology domain, Accenture, Capgemini, Cognizant, Google, HUL, HCL, IBM, Infosys, L&T infotech, MAQ Software, UHG, Wipro continued to recruit amongst others reaffirming their faith in IIM Indore. Participants interested in General Management, Operations and HR domain received offers from an array of recruiters such as Aditya Birla Group, Airtel, GMR, JSW Group, Mahindra & Mahindra, Microland, PayTM, Reliance Industries, Cipla, IndiaMART, Larsen & Toubro among many others.