IIM Indore concludes Summer Placement with Rs. 4 Lakh Highest Stipend
IIM Indore has concluded the MBA placements at the institute with Rs. 4 lakhs as highest stipend in the 2018-20 Batch. Find out more details about the recruiters, profiles, batch size and roles being offered to the candidates.
Indian Institute of Management (IIM) Indore successfully concludes the MBA summer placement drive for the Batch of 2018-20 students. IIM Indore's achieved a feat by grabbing highest stipend of Rs. 4 lakhs. The average stipend offered to top 100 students of the PGP batch was Rs. 2.86 lakh and for the top 200 it stood at Rs. 2.51 lakh. In addition, this year, IIM Indore welcomed more than 160 recruiters on the campus to hire talented pool of candidates.
IIM Indore - Key Placement Highlights
- The highest stipend stood at 4LKHS for one of the candidates at IIM-I
- Average stipend stood at INR 1.54LKH for this year
- In the consulting and strategy roles, 27% jobs were offered
- Considering the placement statistics of last year, the PGP (2018-20) batch has seen 19% increase in the stipend of top 100 students.
- There is a 40% rise in the median stipend of the candidates
Top Recruiters on the campus of IIM Indore
IIM Indore boasts of one of the biggest batch strength across all IIMs. With job seekers no less than 589 students in the batch, some of the top recruiters that visited the campus includes Capgemini ELITE, Diageo, GEP Consulting, Microsoft, Adani Group, Reckitt Benckiser, Salesforce, Walmart Labs, Xiaomi, Cipla, EY, Axis Bank and Amazon. The summer placement at IIM Indore not only hosted the regular recruiters, however, it also welcomed 37 first-time recruiters who showed keen interest in hiring the IIM management graduates.
Here is the domain-wise categorization of the recruiters at the campus of IIM-Indore
| Domain |
Recruiters |
| Consulting |
Boston Consulting Group along with Avalon Consulting, Ernst & Young, Government of Andhra Pradesh, IQVIA, Infosys Management Consulting, PricewaterhouseCoopers India, PricewaterhouseCoopers SDC, Synergy Consulting, UnitedHealth Group, Deloitte, Bain Capability Centre, Everest Management Consulting, Thoucentric Management Consulting among others |
| Finance |
American Express, Axis Bank, Barclays, CRISIL, D. E. Shaw, Deutsche Bank, Fidelity Investments, Goldman Sachs, HSBC, ICICI Bank, JPMorgan Chase & Co., Muthoot Fincorp, Nomura, Reserve Bank of India, Royal Bank of Scotland, SIDBI and Yes Bank. First time recruiters like Barclays, Edelweiss GWAM, Kotak Wealth Management and Unimoni among others. |
| General Management/HR/Operations |
Essel Group and Jindal Steel Works, Amazon, Amway, Cummins, Dr. Lal PathLabs, Larsen & Toubro, Tata Steel. First time recruiters were Maersk Line, Polycab, Tata Communications and others |
| Sales and Marketing |
Aditya Birla Fashion Retail Limited, Apollo Tyres, Asian Paints, Bajaj Auto, BPCL, Career Launcher, Cipla, ConAgra Foods, Dabur, Eli Lilly, GroupM, GlaxoSmithKline, Hewlett Packard, Hindustan Unilever Ltd., HT Media, ITC, Jubilant FoodWorks, L’Oreal, Marico, Nestle, OfBusiness, OLX, PepsiCo, Pidilite, Prataap Snacks, PUMA, Raymond, Royal Enfield, ShopClues, Suntek Realty, TAFE, UB Group and Wildstone, Astrazeneca and Himalaya Drug Company |
| IT/Analytics |
Capgemini, Cognizant, Google, HCL, Intel, TCS and Wipro, HUL, GE, Nissan Digital, Optum, Sutherland Global Services and Vodafone Idea Limited |
About IIM Indore Batch Profile
IIM Indore is one of the best institutes across other IIMs when it comes to gender diversity. Overall the batch comprise of 40% female candidates and 60% male candidates. The female candidates (258 female participants) have been able to grab 24% higher stipend than the male participants in the summer internship placements.
Domain-wise Placements at IIM Indore
Maximum no. of roles and job have been offered by the recruiters from the Sales & Marketing domain (30 per cent batch hired), followed by Consulting and Finance where around 40 per cent of the batch has been placed. 15% batch has grabbed opportunities in the IT and Analytics domain. And the rest of the batch has opted for the job profiles in General Management and others wing.
Coming over to the sector-wise placements, here is the snapshot of the PGP batch being placed for the summer internship:
| Sector |
Batch (percentage of the students placed) |
| FMCG |
35% |
| Consulting |
17% |
| Analytics |
13% |
| Healthcare |
8% |
| Manufacturing |
8% |
| Automotive |
8% |
| E-commerce |
6% |
| Education |
5% |
The gender diversity at IIM Indore is the best amongst its peers at 44% with 258 female participants who have received on an average, 24% higher stipend than the male participants in the summer internship placements, the release said.
On this achievement, Prof. Himanshu Rai, Director IIM Indore said "I am delighted by the faith the recruiters have shown yet again in our students. Placing the largest number of students across all IIMs for the summers is a big task"
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