IIM-Indore Placements 2024: Over 590 students placed; highest CTC at Rs 1 crore

The final placement season witnessed participation from over 150 recruiting companies, that offered placements to a total of 594 students.

IIM Indore Placements: This year's average CTC was recorded at Rs 25.68 lakh per annum. (Representative image. File)

The Indian Institute of Management, Indore (IIMI) completed its final placements for the batch of 2022-24 with the highest CTC offered as Rs 1 crore to one student.

“One of our students has bagged the highest salary package of Rs 1 crore during the final placement period of this session. This student has been offered a job in the sales and marketing department by a company in the e-commerce industry. The offer is for domestic placement,” an official told news agency PTI.

The final placement season witnessed participation from over 150 recruiting companies, that offered placements to a total of 594 students. These students are part of the two-year Post Graduate Programme (PGP) and five-year Integrated Programme in Management (IPM).

We take immense delight in announcing that #IIMIndore has achieved 100% completion of the Final Placements for the batch of 2022-24. The season saw the participation of 150+ recruiters rolling out offers to 594 students from PGP and IPM!
(1/2)#IIMI #Placements #FinalPlacements pic.twitter.com/7VHkB1IgHQ

— IIM Indore (@IIM_I) February 13, 2024

Story continues below this ad

This year’s average CTC was recorded at Rs 25.68 lakh per annum and the median CTC stood at Rs 24.50 lakh per annum. This year more than 50 new recruiters have joined hands with IIM Indore, IIMI director, Himanshu Rai told PTI. These new recruiters included, Accenture Operations, Airtel, Bajaj Consumer Care, CAMS, DataLink, ESAF Bank, Godrej & Boyce, HCLSoftware, HDFC Life, Hero Future Energies, Indus Insights, IndusInd Bank, Jio Financial Services, Mindsprint, Navi, OLA Electric, Searce, SBI Securities, Sutra Management Consulting, Suzlon Group, ThoughtFocus, Ujjivan Small Finance Bank, Unacademy, Zinnov and Zycus.

Some other recruiters were A.T. Kearney, Accenture Strategy, Boston Consulting Group, Deloitte India, EY, Infosys Consulting, KPMG, McKinsey & Company, PwC India, Ambit Capital, Axis Bank, Bank of America, Barclays, HDFC Bank, HDFC Life, HSBC, ICICI Bank, IndusInd Bank, JPMorgan Chase & Co, Kotak Mahindra Bank, Standard Chartered Bank, The D.E. Shaw Group, Aditya Birla Fashion and Retail, Asian Paints, AstraZeneca, Bajaj Auto, Bajaj Consumer Care, General Mills, Godrej & Boyce, HUL, ITC, P&G, Tata Steel, Vedanta, Amazon, American Express, Capgemini Chrysalis, CarDekho, Cognizant, Genpact, Hero MotoCorp, HCLTech, Hexaware, IDFC First Bank, Wipro, Larsen & Toubro, OLA Electric, PhonePe, Reliance Industries, Suzlon Group and Wakefit.

As per the statistics provided by the institute, consulting sector attracted 25 per cent of the total offers, while the finance cohort made up 19 per cent of the total offers. Recruitments in the sales & marketing function formed 19 per cent of the total offers and 12 per cent of the batch opted for IT/analytics roles. Nearly 25 per cent of the batch was offered roles in general management, HR and operations.

‘Grave insult to wounded people’: Cong lashes out at PM Modi amid his first Manipur visit

India16 hr ago

As Prime Minister Narendra Modi visits Manipur for the first time since ethnic violence hit the state in May 2023, the Congress on Saturday called it a “farce, tokenism, and a grave insult to a wounded people”.

View all shorts

Live Blog