Indian Institute of Management, Indore (IIMI) has successfully completed the campus placements of graduates from the Post Graduate Programme (PGP) 2018-20 and the 5-Year Integrated Programme in Management (IPM) batches, securing 100 per cent placements for its largest outgoing batch of 578 students.
The past year has been phenomenal for IIM Indore. The Institute was ranked 5th in the NIRF rankings, and was recently awarded the prestigious EQUIS Accreditation. With the Triple Crown of AACSB, AMBA & EQUIS accreditations, IIM Indore has become the second B-school in India, after IIM Calcutta, to achieve this feat. Debuting in the FT Rankings, IIM Indore was awarded the 81st position and was placed in the 101+ band in its maiden QS Ranking 2020.
Industry response was favourable, given the achievements of the Institute. Increased hiring was witnessed from both marquee recruiters and a large number of new recruiters offering roles in the final placements.
Prof Himanshu Rai, Director, IIM Indore, stated: “We are delighted that once again the top companies of the country and the MNCs have reposed their faith in our students. The hard work put in by our students and the quality business education imparted by the Institute is reflected in these placement results. In the years to come, we will continue to strengthen our engagement with industry and ensure that we continue to create socially conscious, responsible leaders who help make this world a better place.”
More than 160 recruiters participated in the IIM Indore Placements 2019-20. They included Accenture, Aditya Birla Group, Amazon, American Express, ArcelorMittal & Nippon Steel, Asian Paints, AstraZeneca, Axis Bank, Bain Capability Centre, Bajaj Auto, Bank of America, Barclays, Bridgestone, Boston Consulting Group, ByteDance, Capgemini ELITE and Chrysalis, Cipla, Credit Suisse, CRISIL, D E Shaw, Deloitte S&O, Deloitte USI, Deutsche Bank, Dolcera, Edelweiss, Everest Group, EY, Fidelity Investments, Flipkart, GE, GMR Group, Godrej and Boyce, Goldman Sachs, Google, GroupM, GSK, HCL, HDFC, Hero MotoCorp, Himalaya Drug Company, Honeywell, HP, HSBC, HT Media, HUL, Icertis, ICICI, IDFC Bank, IIFL, Intel, Infosys Management Consulting, ITC, JP Morgan, Jubilant Foodworks, Kansai Nerolac, Kotak Bank, L&T, L’Oreal, MagicBricks, Mahindra Comviva, Maruti Suzuki, Marico, Max Life Insurance, Mindtree, Maersk, MakeMyTrip, Maveric Systems, Microland, More Retail, Nissan, Nomura, OfBusiness, Panasonic, PepsiCo, Philips, Power Financing Corporation, PwC India, PwC US, Raymond, RBL Bank, Rebel Foods, Royal Bank of Scotland, StateStreet, TAFE, Tata International, Tata Power, Tata Steel, Tech Mahindra, Tolaram, UB Group, UnitedHealth Group (Optum), UST Global, Vistara, Vodafone, Whirlpool, Willis Towers Watson, Wipro, WNS Global, Yellow Diamond, Yes Bank, Xiaomi and Zinnov.
More than 45 recruiters including AB InBev, Appdynamics, Cloudtail, FIITJEE, Flipkart, Intermiles, Kohler, Payoneer and Thomson Reuters hired from the campus for the first time for multiple roles as well.
The average salary of the batch went up to ₹22.92 lakh per annum and the highest domestic package offered at IIM Indore increased by 23.5 per cent to ₹50 lakh per annum as compared to last year’s ₹40.5 lakh per annum. The median salary for the batch stood at ₹22 lakh per annum. Consulting, sales & marketing and finance were the most sought-after domains among the many roles offered. Two international offers were also made this year.
The campus has been one of the most preferred hiring destinations for top recruiters in the country owing to the excellent pool of talent available with high business acumen. IIM Indore, while boasting of the biggest batch strengths across all IIMs, stands out in terms of the diversity of candidates. The gender diversity at IIM Indore is the best among all other comparable colleges, with 44 per cent of the batch being women candidates, all of whom bagged excellent offers in top companies.
Strengthening its stronghold on the BFSI sector, IIM Indore witnessed a variety of roles, ranging from asset management, corporate banking and investment banking to equity research and risk analytics being offered by recruiters like Credit Suisse, Deutsche Bank, Goldman Sachs, JP Morgan, DE Shaw, HSBC, StateStreet, Nomura and many others.
The coveted consulting domain saw participation from Boston Consulting Group, Deloitte S&O, Deloitte USI, EY, PwC India, PwC US and UnitedHealth Group among many other prominent recruiters. Major companies such as Aditya Birla Fashion and Retail, Asian Paints, Bajaj Auto, HUL, ITC, Kohler, L’Oreal, Panasonic Life solutions, PepsiCo, Pidilite Industries, etc. opened roles in the ‘Sales and Marketing’ domain.
The analytics and e-commerce domains saw keen participation from such major recruiters as Amazon, BrowserStack, Flipkart, Google, HUL, IndiaMART and Rebel Foods. while leadership roles were offered by companies such as Aditya Birla Group, Amazon, ACT, Capgemini ELITE and Tech Mahindra.