Highest placement offer at IIM Indore is Rs 32 lakhs

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The highest annual salary offered during the final placement session at the Indian Institute of Management Indore (IIM Indore) was Rs 32 lakh. this year’s offer is Rs 2 lakh lesser compared to last year’s top salary offer at the institute. Moreover, the average annual salary package offered this year was for Rs 12.13 lakh- according to the officials.

Total 152 firms participated in the placement process. Out of 152 firms, 41 firms visited the campus for the first time.

Job offers were made to all the 475 students. There was a 52% increase in the number of Pre Placement Offers (PPOs).

Sales and Marketing offer was the highest which comprised of 26%. It was followed by offers in Consulting at 24%. Around 20% of the students acquired placements in the financial sector, 13% in General Management as well as Human Resources (HR), 10% in Information Technology (IT) and7% in Operations. Other roles offered were Leadership, Product and Project Management, Supply Chain Management, Procurement, Logistics and Infrastructure.

Major recruiters across sectors are mentioned below.

Fast-Moving Consumer Goods (FMCG) and Consumer Durables

Hindustan Unilever, Marico, ITC, PepsiCo, Pidilite, Philips, Airtel, Mother Dairy, Madura, Raymond, Vodafone, Tata Motors, etc.

Banking and Financial Services

American Express, Citibank, Axis Securities, CRISIL, Futures First, Deutsche Bank, Goldman Sachs, ICICI Bank, HSBC, ING Vysya, JPMorgan Chase, Kotak Mahindra, Royal Bank of Scotland, Yes Bank, Standard Chartered, etc. The students were offered positions in Investment Banking, Corporate Banking, Asset Management, Risk Management, Treasury and Retail Banking.

E-commerce: – Infibeam, Amazon, etc.

Healthcare and Pharmaceutical

Cipla, GSK Pharma, Eli Lilly, Janssen Pharmaceuticals and Ranbaxy extended offers in Sales & Marketing, General Management, Business Development, and Operations.

Consulting roles were offered by Accenture, Cognizant Business Consulting, Deloitte, Cartesian Consulting, KPMG, Infosys Management Consulting, Pricewaterhouse Coopers, Redseer Consulting, etc.

Media– Network18, Anand Bazaar Patrika and Multi Screen Media.

The summer placement session at IIM Indore had seen 156 firms offering internships to 450 students of the PGP. There were 81 firms participating in the summer placements of the institute for the first time. The highest domestic stipend offered was Rs 1, 50, 000.

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