IIM Indore Placements 2020: Highest CTC rises by 23.5 % to Rs 50 LPA

2020-05-22

IIM Indore concluded placements for PGP batch 2018-2020 and recorded 23.5 percent increase in highest CTC and 10.24 percent in average CTC. Check here detailed report on IIM Indore Final Placements 2020.

The Indian Institute of Management (IIM) Indore final placements 2020 witnessed 100 per cent hiring. The average CTC offered this year went up to Rs 22.92 LPA and the median salary for the batch stood at Rs 22 LPA. There was a significant rise in the highest CTC offer this year. The highest salary offer made this year was Rs 50 LPA (23.5% rise as compared to last year’s Rs 40.5 LPA). The 2018-2020 PGP batch of IIM Indore also saw two international offers.

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.”

IIM Indore Placements 2020: Highlights

Features

Details

Highest CTC offered

Rs 50 LPA

Average CTC offered

Rs 22.92 LPA

Median CTC offered

Rs 22 LPA

Number of  recruiters

160

Number of first time recruiters

45

International offers

2

More than 160 recruiters participated in the IIM Indore placements 2019-20. Maximum hiring was done in Consulting, Finance and Sales & Marketing domains. To recruiters in Consulting domain included Boston Consulting Group, Deloitte S&O, Deloitte USI, EY, PwC India, PwC US and UnitedHealth Group and other prominent recruiters.

In the Sales and Marketing domain, top recruiters included Aditya Birla Fashion and Retail, Asian Paints, Bajaj Auto, HUL, ITC, Kohler, L’Oreal, Panasonic Life solutions, PepsiCo, Pidilite Industries, etc.

Analytics and E-Commerce domains witnessed participation from companies such as 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.

IIM Indore Placements 2020 Data

IIM Indore Placements 2020 Data

IIM Indore Placements 2019: Domain-wise Breakup

In the final placement of 2017-2019 batch too, the top hiring domain was Consulting with 27% offers. Check the table below for domain wise break up of offers in during last year's final placement process of IIM Indore.

Sectors

Breakup

Consulting

27%

Finance

26%

General Management

15%

Sales and Marketing

22%

IT-Analytics

10%

Total Students Placed

100%

IIM Indore Placements: 2020 vs 2019 vs 2018

IIM Indore has witnessed a steady rise in average and highest CTC in the last three years. Check the table below for details.

CTC

2020

2019

2018

Highest International CTC

--

Rs. 89.25 LPA

Rs. 63 45 LPA

Highest Domestic CTC

Rs 50 LPA

Rs. 40.5 LPA

Rs 33 04 LPA

Average CTC

Rs 22.92 LPA

Rs. 20.79 LPA

Rs. 18 17 LPA

Reference: Shiksha