10 January 2022 17:29:27 IST

Highest pay package is ₹49 lakh at IIM Indore

Recruiters from the consulting field recruited more than 31 per cent of the batch.

Over 180 recruiters offered jobs to 572 students from the two-year flagship Post Graduate Program (PGP) and five-year Integrated Program in Management (IPM) at IIM Indore. More than 30 new recruiters participated in the process.

The average package stood at ₹25.01 lakh, an increase of 6 per cent compared to the previous year, and the highest was ₹49 lakh. The top 100 students bagged packages averaging at ₹37.95 lakh and the pay packages of the top 200 students averaged at ₹32.75 lakh. The institute’s median package also increased by 6.6 per cent to reach ₹24.09 lakh.

Prof Himanshu Rai, Director, IIM Indore, said: “At IIM Indore, our endeavour is to be a contextually-relevant business school with world-class academic standards. We seek to combine both scale and quality, faith in each other, trust in togetherness.”

Range of recruiters

Consulting domain, which recruited 31 per cent of the batch, included elite recruiters such as Accenture Strategy, Acuvon Consulting, Avalon Consulting, Bain & Company, Boston Consulting Group, Deloitte, Everest Group, Eversana, Ernst & Young, Infosys Management Consulting, KPMG, McKinsey & Company, Michael Page, PriceWaterhouseCoopers, Redseer Consulting, Synergy Consulting, Thoucentric Consulting, and Vector Consulting.

The sales and marketing domain witnessed the particpation of companies such as Aditya Birla Fashion & Retail Limited, Asian Paints, Bajaj Auto, BMW, Cisco, Country Delight, Dabur, Diageo, Grasim Paints, GSK Pharma, Hero MotoCorp, Hexaware, L'Oreal, Marico, More Retail, MX Player, Samsung, Tata Steel, Titan, Whirlpool, and Xiaomi.

Recruiters for the coveted finance roles included Avendus Capital, Bank of America, Barclays, Credit Suisse, CRISIL, D.E. Shaw, Deutsche Bank, Finezza, Goldman Sachs, HDFC Bank, HSBC, ICICI Bank, Indus Valley Partners, Jana Small Finance Bank, JP Morgan Chase & Company, Lincoln International, Marsh, Morgan Stanley, Nomura, Pashupati Capital, Piramal Group, StateStreet, Yes Bank.

Myriad roles

Companies offering IT and data analytics roles included Amazon, American Express, Angel One, Axtria, Capgemini Chrysalis, CarDekho, Cipla, CityMall, Cognizant, EXL, General Electric, Google, Hevo Data, Hindustan Unilever, IBM, IQVIA, Jio Platforms, Joveo, JustDial, MagicBricks, MakeMyTrip, Matrimony, Merilytics, MIQ Digital, NPCI, Optum, Paytm, PharmEasy, PhonePe, Playsimple Games, Shopee, Spinny, Unacademy, Walmart, Wipro, ZebPay.

General management, HR, and operations roles were extended by reputed firms like ACT Fibernet, Amway, Axis Bank, Baker Hughes, Biocon, BlackBuck, Capgemini ELITE, Garena, Indus Towers, Jindal Steel Works Limited, Kotak Mahindra Bank, L&T, Mahindra, Max Life Insurance, OfBusiness, OYO, Reliance Industries Limited, Salesforce, Tech Mahindra, Times Internet, Udaan.