Maintained its record of 100% placement
Indore: The Indian market sluggish and economy is at doldrums but it seems it has no impact on the placement of Indian Institute of Management (IIM Indore). The institute has maintained its record of cent percent placement with highest salary going Rs 50 lakhs per annum.
The average salary of the batch went up to Rs 22.92 LPA and the highest domestic package offered at IIM Indore increased by 23.5% to Rs 50 LPA as compared to last year’s Rs 40.5 LPA. The median salary for the batch stood at Rs 22 LPA. Consulting, Sales & Marketing and Finance were the most sought after domains among the many roles that were offered. The batch also saw candidates get two international offers this year.
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 – AACSB, AMBA & EQUIS accreditations, IIM Indore has become the only B-school in India other than IIM Calcutta to achieve this feat. Debuting in the FT Rankings, IIM Indore was awarded the 81st position and was also placed in the 101+ band in its maiden QS Ranking 2020. Industry response was extremely favorable as well, given the achievements of the Institute. Furthermore, 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 the industry and ensure that we continue to create socially conscious responsible leaders that help to make this world a better place.”
More than 160 recruiters participated in the IIM Indore Placements 2019-20 including 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, Google and others.
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 strength across all IIMs, also stands apart in terms of the diversity of the candidates. The gender diversity at IIM Indore is the best among all other comparable colleges at 44% of the batch being female candidates, all of whom have managed to bag excellent offers in the top companies.
Strengthening its stronghold on the BFSI sector, IIM Indore witnessed a variety of roles ranging from Asset Management, Corporate Banking & 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.
Analytics and E-Commerce domains witnessed keen participation from major recruiters like Amazon, BrowserStack, Flipkart, Google, HUL, IndiaMART, Rebel Foods, etc. while leadership roles were offered by companies like, Aditya Birla Group, Amazon, ACT, Capgemini ELITE and Tech Mahindra.